State Coverage: Missouri

Lower Provision Boosts Profits at NASB Financial

American Banker | Feb 08

Shares of NASB Financial Inc. rose more than 6% Wednesday after the Grandview, Mo., thrift company said it earned $4.9 million in the quarter that ended Dec. 31, compared to a loss of $3 million in the the same period in 2010.

UMB Posts Quarterly Profit on Processing Income

American Banker | Jan 25

UMB Financial Corp. in Kansas City, Mo., on Wednesday reported $23.3 million in fourth-quarter profits, up 22% from a year earlier but falling short of expectations.

Commerce in Missouri Earnings Stall on Legal Settlement

American Banker | Jan 25

Commerce Bancshares Inc. in Kansas City, Mo., said late Tuesday that its fourth-quarter profits were flat from a year earlier, at $61.5 million, following the settlement of a class-action lawsuit.

Mortgage Slowdown Crimps Pulaksi's Profits

American Banker | Jan 18

Pulaski Financial Corp. in St. Louis said Tuesday that profits in its fiscal-year first quarter fell 3% from a year earlier, to $3 million, due to a slowdown in mortgage activity.

Loan Growth, Wealth Fees Boost Profits at Enterprise

American Banker | Oct 27

Enterprise Financial Services Corp. in St. Louis reported earnings of $9.7 million for the third quarter, nearly doubling its earnings from a year earlier, as the company made more money on loans and in its wealth management division.

Solid 3Q Earnings for Southwestern Regionals BOK, Frost and UMB

American Banker | Oct 26

Buoyed by solid loan growth and strong gains in fee income, BOK Financial Corp. in Tulsa, Okla., reported a third-quarter profit of $85.1 million, up 32% from the same period last year.

Commerce of Missouri Misses Estimates, Warns of Drop in Debit Income

American Banker | Oct 13

Shares of Commerce Bancshares Inc. were down sharply midday Thursday after the Kansas City, Mo., company reported earnings that fell short of analysts' estimates and warned that new rules limiting debit-card fees could take a bite out of fourth-quarter profits.

Fed Takes Action Against Five Banks

American Banker | Sep 01

The Federal Reserve on Thursday announced two written agreements and three civil money penalties.

Great Southern Receives $57.9 Million from Small Business Fund

American Banker | Aug 18

Great Southern Bancorp has received $57.9M from the Treasury Department's Small Business Lending Fund and will use the proceeds to exit the Troubled Asset Relief Program.

Mercantile in Illinois May Need to Sell Core Bank to Save Itself

American Banker | Aug 16

Mercantile Bancorp once believed that its bank in sleepy Quincy, Ill. was not enough. Now, that bank might hold the key to the company's survival.

Fed Issues Prompt Corrective Order Against Maryland Bank

American Banker | Aug 11

The Federal Reserve this week took action against four banks, including three written agreements and the issuance of a prompt corrective order against Bank of the Eastern Shore.

UMB Financial's 2Q Benefits from Trust Acquisitions

American Banker | Jul 27

UMB Financial Corp. in Kansas City, Mo., reported earnings of $26.3 million, up 14.4%, as credit costs fell and noninterest income jumped.

Collapses in Florida and Colorado Bring Failure Total to 58

American Banker | Jul 22

Two failed banks in Florida went to one acquirer Friday, and regulators also shut a $1 billion-asset bank in Colorado, as the year's failure total reached 58.

Treasury-Appointed Director Says He's a Helper, Not a Spy

American Banker | Jul 21

Treasury can name directors to companies that have missed at least six consecutive Tarp dividend payments. On Tuesday, the Treasury exercised that right for the first time.

Commerce Reports 16% Increase in 2Q Earnings

American Banker | Jul 14

Driven by improved credit quality and double-digit increases in bank card and trust fees, Commerce Bancshares reported a profit of $69 million in the second quarter.