Business

UMB Financial earnings jump in third quarter

UMB Financial reported a jump in earnings in the third quarter.
UMB Financial reported a jump in earnings in the third quarter.

Earnings jumped 86 percent at UMB Financial Corp. in the third quarter, the Kansas City-based banking company said Tuesday.

Its $41.9 million profit in July, August and September, equaled 85 cents a share, compared with a $22.5 million profit, or 46 cents a share, a year ago.

Loans at the end of September totaled $10.29 billion, up from $9.05 billion a year earlier. Assets, which include loans, were $19.7 billion. Deposits totaled $15.4 billion.

Mark Davis: 816-234-4372, @mdkcstar

This story was originally published October 25, 2016 at 7:14 PM with the headline "UMB Financial earnings jump in third quarter."

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