UMB M
UMB Monetary (UMBF) got here out with quarterly earnings of $1.36 per share, beating the Zacks Consensus Estimate of $1.16 per share. This compares to earnings of $0.56 per share a 12 months in the past. These figures are adjusted for non-recurring gadgets.
This quarterly report represents an earnings shock of 17.24%. 1 / 4 in the past, it was anticipated that this financial institution holding firm would put up earnings of $1.17 per share when it really produced earnings of $1.27, delivering a shock of 8.55%.
Over the past 4 quarters, the corporate has surpassed consensus EPS estimates 3 times.
UMB, which belongs to the Zacks Banks – Midwest trade, posted revenues of $282.72 million for the quarter ended December 2019, surpassing the Zacks Consensus Estimate by 2.52%. This compares to year-ago revenues of $256.81 million. The corporate has topped consensus income estimates 3 times during the last 4 quarters.
The sustainability of the inventory’s…