UMB Financial ( (UMBF) ) has provided an announcement.
UMB Financial Corporation reported a strong financial performance for the third quarter of 2024, with net income reaching $109.6 million, or $2.23 per diluted share. This marks an increase from both the previous quarter and the same period last year. The company experienced impressive loan growth, with a 9.8% increase on a linked-quarter basis, and deposits also surged by 11.1%. UMB is gearing up to finalize its acquisition of Heartland Financial, which is expected to enhance its financial model with greater diversity and scale.
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