UMB Financial Corporation (UMBF: Quote), a diversified financial holding company, reported a decline in profit for the fourth quarter to $21.1 million, or $0.52 per share from $23.3 million, or $0.58 per share in the comparable quarter last year.
Net interest income decreased to $84.62 million from $85.50 million last year. Meanwhile, total non-interest income rose to $109.2 million from $97.7 million last year. Analysts polled by Thomson Reuters expected the company to report profit of $0.67 per share on revenues of $192.97 million for the quarter. Analysts’ estimates typically exclude special items.
The Board declared during the company’s quarterly board meeting a $0.215 quarterly cash dividend, payable on April 1, 2013, to shareholders of record at the close of business on March 8, 2013.
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by RTT Staff Writer
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