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0 0 0 -0.002087138012001 0.0340464388207672 0.00443516827550226 -0.002087138012001 0.0182624576050092
Stock impact report

UMB Financial Corporation Reports First Quarter 2024 Net Income of $110.3 Million and Net Operating Income(i) of $120.7 Million. [Yahoo! Finance]

UMB Financial Corporation (UMBF) 
Last umb financial corporation earnings: 4/28 05:00 pm Check Earnings Report
US:NASDAQ Investor Relations: umbfinancial.com/investor-relations
Company Research Source: Yahoo! Finance
GAAP net income of $110.3 million, or $2.25 per diluted share. Net operating income (i) of $120.7 million, or $2.47 per diluted share. Average loans increased 4.2% on a linked-quarter, annualized basis, to $23.4 billion. Average loans increased $2.1 billion, or 9.8%, as compared to the first quarter of 2023. Average deposits increased 10.4% on a linked-quarter, annualized basis, to $33.5 billion. Net interest income increased 3.9% from the linked quarter. Net interest margin was 2.48%, an increase of two basis points from the linked quarter. Noninterest income increased 22.3% from the first quarter of 2023, equal to 39.9% of total revenue. Credit quality remained strong, with net charge-offs of just 0.05% of average loans. KANSAS CITY, Mo., April 29, 2024 BUSINESS WIRE UMB Financial Corporation (Nasdaq: UMBF), a financial services company, announced net income for the first quarter of 2024 of $110.3 million, or $2.25 per diluted share, compared to $70.9 million, or Show less Read more
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