KANSAS CITY, Mo. (AP) _ UMB Financial Corp. (UMBF) on Tuesday reported third-quarter profit of $62.4 million.
The Kansas City, Missouri-based bank said it had earnings of $1.27 per share.
The results topped Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.17 per share.
The bank holding company posted revenue of $322.7 million in the period. Its revenue net of interest expense was $271.9 million, which fell short of Street forecasts. Three analysts surveyed by Zacks expected $276.9 million.
UMB shares have climbed 11% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $67.43, an increase of slightly more than 8% in the last 12 months.