jumped after the company updated its earnings guidance Friday.
The Leawood, Kansas-based bank expects to earn 17 to 18 cents a share in the first quarter, compared with 18 cents a share in the prior-year quarter. Analysts expect the company to earn 19 cents a share.
For 2003, the company expects to earn 86 cents to 91 cents a share, compared with 82 cents a share earned in 2002. Analysts expect 90 cents a share.
Gold Banc's shares were up 8.6% at $8.36 in late trading.
The company said it anticipates there will be some decline in the rate of loan growth compared with 2001 and 2002, but that it still expects loan growth in the range of 9% to 11% overall during 2003.