UMB Financial Reports Q3 2024 Earnings with Strong Loan Growth and Fee Income
UMB Financial (UMBF) reported Q3 2024 earnings with GAAP net income of $109.6 million, or $2.23 per share, driven by record loan production and strong fee income growth. The company saw a 9.5% sequential increase in non-interest income, with institutional assets under administration surpassing $0.5 trillion and private wealth net new assets reaching $1 billion year-to-date.
Topics: earnings fee income loan production net income net interest margin