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UMB: Q1 Earnings Snapshot

KANSAS CITY, Mo. (AP) — KANSAS CITY, Mo. (AP) — UMB Financial Corp. (UMBF) on Tuesday reported first-quarter net income of $261.4 million.

The Kansas City, Missouri-based bank said it had earnings of $3.35 per share. Earnings, adjusted for one-time gains and costs, were $3.41 per share.

The results surpassed Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $2.82 per share.

The bank holding company posted revenue of $1.07 billion in the period. Its revenue net of interest expense was $747.9 million, which also beat Street forecasts. Four analysts surveyed by Zacks expected $706.2 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on UMBF at https://www.zacks.com/ap/UMBF

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Jetting off soon for summer travels? If you're planning on bringing an extra battery charger for your phone or other devices, be aware of the latest rules when taking one on a flight. Rechargeable lithium-ion portable battery chargers, also known as power banks, come in protective enclosures of various shapes and sizes. They're a handy and popular way for getting more juice when you're on the move. But after a spate of smoke or fire incidents, U.S. and international aviation authorities have issued new guidelines and airlines have tightened up rules for passengers. Here's a guide on flying with power banks.
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