Investment Business Weekly
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UMB Financial Corporation
UMB Financial Corporation Reports 2008 First Quarter Earnings of $32.4 Million
April 28th, 2008
UMB Financial Corporation (NASDAQ: UMBF), a multi-bank holding company, announced earnings for the three-months ended March 31, 2008 of $32.4 million or $0.79 per share ($0.78 diluted). This is an increase of $15.0 million, or 86.8 percent, compared to the first quarter 2007 earnings of $17.3 million or $0.41 per share ($0.41 diluted).
"Simply stated, this quarter was a record quarter on its own merit," commented Mariner Kemper, Chairman and CEO of UMB Financial Corporation. "We achieved record quarterly earnings and revenue, with or without the impact of Visa, Inc.'s (Visa) Initial Public Offering (IPO). These times of unprecedented pressure in the financial services...
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Source: Investment Business Weekly (2008-04-28)