UMB sees second quarter earnings rise
07/22/2014 4:00 PM
07/22/2014 4:01 PM
The holding company of UMB Bank said Tuesday its second quarter 2014 earnings rose 16 percent from a year ago.
UMB Financial Corp. said its earnings for the three-month quarter ended June 30 were $34.7 million compared with $29.9 million in the second quarter of 2013.
The Kansas City, Mo.-based company said its assets under management increased during the period, as did its average net loans, which it said rose 12 percent between the second quarters of 2013 and 2014.
“Loan growth continues to be a driving force behind our success,” said UMB Financial CEO Mariner Kemper, in a news release.
UMB Financial said it was the company’s 17th consecutive quarter of loan growth.
UMB Bank operates two branches in Wichita, which also is the headquarters of its agribusiness division.
Wichita Top Jobs
DERBY, CITY OF
Bluestem Communities Management, Inc.
English Field Aviation
WICHITA COLLEGIATE SCHOOL
Join the Discussion
The Wichita Eagle is pleased to provide this opportunity to share information, experiences and observations about what's in the news. Some of the comments may be reprinted elsewhere on the site or in the newspaper. We encourage lively, open debate on the issues of the day, and ask that you refrain from profanity, hate speech, personal comments and remarks that are off point. Thank you for taking the time to offer your thoughts.