UMB Financial Q3 Non-GAAP Earnings, Revenue Increase; Board Raises Quarterly Dividend

MT Newswires Live10-30

UMB Financial (UMBF) reported Q3 non-GAAP operating earnings late Tuesday of $2.25 per diluted share, up from $2.02 a year earlier.

Analysts polled by Capital IQ expected $2.20.

Revenue for the quarter that ended Sept. 30 was $406.1 million, up from $355.6 million a year earlier.

Analysts surveyed by Capital IQ expected $398.9 million.

The company said its board increased quarterly cash dividend by 2.6% to $0.40 per share, payable on Jan. 2 to shareholders of record on Dec. 10.

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