UPDATE 1-UMB Financial Q3 profit trails Wall Street view
* Q3 EPS $0.53 vs estimate of $0.56
* Q3 Loan loss provision rose 61 percent
* Q3 net interest income rose 14 percent (Recasts; adds details, share movement)
Oct 21 (Reuters) - UMB Financial Corp (UMBF.O), a financial services holding company posted a third-quarter profit below analysts' expectations, hurt by a 60 percent rise in loan loss provision.
The company earned $21.8 million, or 53 cents a share, compared with $21.5 million, or 51 cents a share, a year earlier.
Analysts expected the company to earn 56 cents a share, excluding items, according to Reuters Estimates.
Provision for bad loans rose 61 percent to $4.5 million in the quarter, the company said in a statement.
Non-perfroming loans for the quarter also rose to $6.9 million, from $5.7 million last year.
Net interest income, however, increased 14 percent to $66.3 million.
Shares of the Kansas City, Missouri-based company were trading down 5 percent at $50.66 on Nasdaq. (Reporting by Anurag Kotoky in Bangalore)
