UMB Financial Corp (UMBF) Reports In-Line Q2 EPS
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UMB Financial Corporation Reports Second Quarter 2015 Earnings of $30.2 million, or $0.65 per Diluted Share
July 28, 2015 5:00 PM EDTSelected second quarter financial highlights:
Closed on the acquisition of Marquette Financial Companies on May 31, 2015, adding assets with an acquired value of $1.3 billion to the balance sheet Loans at June 30, 2015, increased 28.8 percent to $8.9 billion with legacy UMB loans having increased 14.4 percent to $7.9 billion compared to June 30, 2014 Total deposits at June 30, 2015, increased 19.1 percent to $14.5 billion with legacy UMB deposits having increased 11.5 percent to $13.6 billion compared to June 30, 2014 Noninterest income decreased 10.8 percent from the second quarter 2014 to $119.6 million, and was 55.1 percent of total revenue... More