EXHIBIT 11 TO FORM 10-K
UMB FINANCIAL CORPORATION
Computation of Earnings Per Share
| 2001 | 2000 | 1999 |
| BASIC EARNINGS PER SHARE | |||
| Net income divided by | $65,230,000 | $65,111,000 | $64,077,000 |
| Weighted average shares outstanding | 22,145,787 | 22,335,109 | 22,882,717 |
| Basic earnings per share | $2.95 | $2.91 | $2.80 |
| DILUTED EARNINGS PER SHARE | |||
| Net income divided by | $65,230,000 | $65,111,000 | $64,077,000 |
| Weighted average shares outstanding | 22,174,207 | 22,348,267 | 22,923,017 |
| Basic earnings per share | $2.95 | $2.91 | $2.80 |
