Profile
Sector:
Financial ServicesIndustry:
Banks - RegionalCountry:
United StatesIPO:
17 March 1980Website:
http://www.umb.comNext earnings report:
30 January 2025Last dividends:
10 September 2024Next dividends:
10 December 2024Price
after hours | Fri, 01 Nov 2024 21:16:16 GMTAnalysts recommendations
Institutional Ownership
UMBF Latest News
UMB Financial Corporation (NASDAQ:UMBF ) Q3 2024 Earnings Conference Call October 30, 2024 9:30 AM ET Company Participants Kay Gregory - IR Mariner Kemper - President & CEO Ram Shankar - CFO Jim Rine - CEO, UMB Bank Tom Terry - Chief Credit Officer Conference Call Participants Ben Gerlinger - Citi Jared Shaw - Barclays Timur Braziler - Wells Fargo Nathan Race - Piper Sandler David Long - Raymond James Chris McGratty - KBW Operator Hello and welcome to the UMB Financial Third Quarter 2024 Financial Results Conference Call. My name is Harry and I'll be coordinating your call today.
An increase in NII & Fee income, along with rising loans & deposits, supports UMBF's Q3 2024 results. Higher costs & provisions are headwinds.
While the top- and bottom-line numbers for UMB (UMBF) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
UMB Financial (UMBF) came out with quarterly earnings of $2.25 per share, beating the Zacks Consensus Estimate of $2.16 per share. This compares to earnings of $2.02 per share a year ago.
Shares of Missouri-based UMB Financial have recovered most of their lost ground over the past 12 months. This bank has typically excelled on asset quality, meaningfully outperforming the industry in terms of net charge-offs. The deal to acquire Heartland Financial looks solid from UMB's perspective, pointing to strong EPS growth ahead.
Does UMB Financial (UMBF) have what it takes to be a top stock pick for momentum investors? Let's find out.
UMBF's diversified fee income sources and inorganic growth efforts, along with the Fed's potential rate cut, make the stock a lucrative pick.
UMB (UMBF) reported earnings 30 days ago. What's next for the stock?
UMB Financial (UMBF) is well poised to benefit from strength in its balance sheet position. Rising costs and intense competition remain concerns.
UMB (UMBF) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
What type of business is UMB Financial?
UMB Financial Corporation is a financial holding company headquartered in Kansas City, Missouri. The company provides banking services and asset servicing to clients in the United States. UMB Financial Corporation was organized in 1967. The products and services of UMB Financial Corporation are grouped into four segments: Commercial banking. Institutional banking services. Personal banking services. Healthcare services.
What sector is UMB Financial in?
UMB Financial is in the Financial Services sector
What industry is UMB Financial in?
UMB Financial is in the Banks - Regional industry
What country is UMB Financial from?
UMB Financial is headquartered in United States
When did UMB Financial go public?
UMB Financial initial public offering (IPO) was on 17 March 1980
What is UMB Financial website?
https://www.umb.com
Is UMB Financial in the S&P 500?
No, UMB Financial is not included in the S&P 500 index
Is UMB Financial in the NASDAQ 100?
No, UMB Financial is not included in the NASDAQ 100 index
Is UMB Financial in the Dow Jones?
No, UMB Financial is not included in the Dow Jones index
When was UMB Financial the previous earnings report?
No data
When does UMB Financial earnings report?
The next expected earnings date for UMB Financial is 30 January 2025