UMB Financial (UMBF) Scheduled to Post Earnings on Tuesday

UMB Financial (NASDAQ:UMBF) is scheduled to be releasing its earnings data after the market closes on Tuesday, April 30th. Analysts expect UMB Financial to post earnings of $1.80 per share for the quarter. Investors that are interested in participating in the company’s conference call can do so using this link.

UMB Financial (NASDAQ:UMBF) last issued its quarterly earnings data on Wednesday, January 31st. The bank reported $2.29 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.76 by $0.53. The firm had revenue of $370.80 million during the quarter, compared to the consensus estimate of $360.69 million. UMB Financial had a return on equity of 13.75% and a net margin of 14.70%. The company’s quarterly revenue was up .0% on a year-over-year basis. During the same period last year, the company earned $2.06 EPS. On average, analysts expect UMB Financial to post $7 EPS for the current fiscal year and $8 EPS for the next fiscal year.

UMB Financial Stock Up 2.6 %

Shares of NASDAQ:UMBF opened at $83.56 on Tuesday. The business has a 50-day moving average price of $81.67 and a 200 day moving average price of $77.11. The company has a current ratio of 0.72, a quick ratio of 0.72 and a debt-to-equity ratio of 0.12. The company has a market capitalization of $4.07 billion, a price-to-earnings ratio of 11.64 and a beta of 0.83. UMB Financial has a 12-month low of $50.68 and a 12-month high of $87.36.

UMB Financial Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, April 1st. Investors of record on Monday, March 11th were given a dividend of $0.39 per share. This represents a $1.56 dividend on an annualized basis and a dividend yield of 1.87%. The ex-dividend date was Friday, March 8th. UMB Financial’s payout ratio is 21.73%.

Analyst Ratings Changes

A number of analysts recently issued reports on UMBF shares. Raymond James raised their price objective on UMB Financial from $80.00 to $102.00 and gave the stock a “strong-buy” rating in a research report on Thursday, February 1st. Wells Fargo & Company raised their price objective on UMB Financial from $85.00 to $88.00 and gave the stock an “equal weight” rating in a research report on Wednesday, April 10th. Piper Sandler raised their price objective on UMB Financial from $87.50 to $99.00 and gave the stock an “overweight” rating in a research report on Thursday, February 1st. Barclays began coverage on UMB Financial in a research report on Friday, March 8th. They issued an “equal weight” rating and a $91.00 target price for the company. Finally, StockNews.com raised UMB Financial from a “sell” rating to a “hold” rating in a research report on Saturday, March 16th. Four research analysts have rated the stock with a hold rating, two have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $88.00.

Insider Buying and Selling at UMB Financial

In other news, CEO J Mariner Kemper sold 1,440 shares of the business’s stock in a transaction dated Thursday, March 28th. The stock was sold at an average price of $86.59, for a total transaction of $124,689.60. Following the completion of the transaction, the chief executive officer now directly owns 1,762,904 shares of the company’s stock, valued at $152,649,857.36. The sale was disclosed in a filing with the SEC, which is accessible through this link. In other news, CEO J Mariner Kemper sold 1,440 shares of the business’s stock in a transaction dated Thursday, March 28th. The stock was sold at an average price of $86.59, for a total transaction of $124,689.60. Following the completion of the transaction, the chief executive officer now directly owns 1,762,904 shares of the company’s stock, valued at $152,649,857.36. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Kevin Charles Gallagher sold 625 shares of the business’s stock in a transaction dated Friday, February 9th. The stock was sold at an average price of $80.21, for a total value of $50,131.25. Following the transaction, the director now directly owns 12,859 shares of the company’s stock, valued at $1,031,420.39. The disclosure for this sale can be found here. Insiders sold a total of 27,277 shares of company stock valued at $2,264,661 in the last three months. 8.85% of the stock is owned by corporate insiders.

UMB Financial Company Profile

UMB Financial Corporation operates as the bank holding company that provides banking services and asset servicing in the United States and internationally. The Commercial Banking segment provides commercial loans and credit card; commercial real estate financing; letters of credit; loan syndication, and consultative service; various business solutions including asset-based lending, mezzanine debt, and minority equity investment; and treasury management service, such as depository service, account reconciliation, cash management tool, accounts payable and receivable solution, electronic fund transfer and automated payment, controlled disbursement, lockbox service, and remote deposit capture service.