UMB Financial (UMBF) Stock

While the revenue and earnings per share (EPS) for UMB (UMBF) provide insight into its performance for the quarter ending December 2024, it could be helpful to look at how these important figures stack up against Wall Street predictions and last year's results.

UMB Financial (UMBF) reported quarterly earnings of $2.49 per share, which is higher than the Zacks Consensus Estimate of $2.30 per share. This is an increase compared to earnings of $2.29 per share from the same period last year.

Instead of just focusing on Wall Street's predictions for UMB (UMBF), take a closer look at some important metrics to better understand how the company might perform in the quarter ending December 2024. This will provide a more comprehensive view of its potential.

KANSAS CITY, Mo. & DENVER--(BUSINESS WIRE)--UMB Financial Corporation (Nasdaq: UMBF) and Heartland Financial USA, Inc. (Nasdaq: HTLF) are happy to announce that they have obtained the required regulatory approvals from the Office of the Comptroller of the Currency and the Federal Reserve Board to finalize their planned acquisition of HTLF. These approvals come after both companies received support from their shareholders. "Getting these regulatory approvals is an important step forward."

UMBF has increased by 36.9% over the past six months. Let's look into the reasons behind this positive investor attitude and determine if the stock is a good option to think about.

UMB Financial Corporation (UMBF) is benefiting from a strong balance sheet due to rising loan and deposit amounts. Additionally, consistent capital distributions are supported by a solid liquidity situation.

In 2024, UMB Financial's shares rose by more than 35% due to good credit quality, increased deposits, and a planned acquisition of Heartland Financial. Being a smaller company allows UMB to face fewer regulations, which supports its focus on the community and strong lending practices, along with significant extra liquidity and solid credit quality. The fixed reinvestment and Heartland acquisition are likely to enhance earnings, with projected earnings per share exceeding $10.50 in 2025, making the shares appealing at a price-to-earnings ratio of 10.8.

UMB (UMBF) shared its earnings report 30 days ago. What can we expect for the stock moving forward?

UMB Financial Corporation (NASDAQ:UMBF) will hold its Q3 2024 Earnings Conference Call on October 30, 2024, at 9:30 AM ET. The call will feature company representatives including Kay Gregory, Mariner Kemper, Ram Shankar, Jim Rine, and Tom Terry. Participants from various financial institutions will also join the call, and it will be coordinated by Harry.