UMB Financial

UMB Financial Corp. operates as a financial holding company, which engages in the provision of bank and asset services. It operates through the following segments: Commercial Banking, Institutional Banking, and Personal Banking. The Commercial Banking segment serves the commercial lending and leasing, capital markets, and treasury management needs of the company’s mid-market businesses and governmental entities by offering various products and services. The Institutional Banking segment is a combination of banking services, fund services, and asset management services provided to institutional clients. The Personal Banking segment combines consumer banking and wealth management services offered to clients and delivered through personal relationships and the firm's bank branches, ATM network, and internet banking. The company was founded was founded in 1967 and is headquartered in Kansas City, MO.

Earnings data Q1 2021

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Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

UMB Financial achieves record earnings in Q4 2022, poised for strategic growth

UMB Financial's Q4 2022 performance reflects robust earnings, driven by loan growth and favorable interest rate dynamics.
Despite challenges in managing expenses and margins, the company's strong credit quality and strategic focus on growth present a resilient outlook.
Opportunities for UMB Financial include leveraging its balance sheet strength, exploring diverse revenue streams, and maintaining a customer-centric approach for sustained success.

UMB Financial excels in Q1 2023, poised for growth

UMB Financial's Q1 performance showcased growth, stability, and resilience in a dynamic market environment. The company's strategic focus on relationship banking, diverse revenue streams, and prudent risk management underpin its success. With a strong outlook for the next quarter, UMB Financial is well-positioned for continued growth and success.

UMB Financial posts solid Q2 earnings amidst deposit challenges

UMB Financial delivered strong financial results in Q2 2023, driven by robust loan growth and solid asset quality.
While facing challenges in deposit balances and margin compression, the company's focus on client engagement and fee income remains a key strength.
Opportunities lie in capital return plans, net interest income growth, and enhancing deposit relationships to navigate current market conditions.

UMB Financial reports robust Q3 performance and optimistic outlook

UMB Financial's Q3 performance showcased disciplined growth, strong asset quality, and effective expense management.
While challenges like macroeconomic variables persist, the company's focus on controlling costs and seizing opportunities bodes well for future growth.
Overall, UMB Financial's solid financial results and strategic outlook position it favorably for continued success and shareholder value creation.

UMB Financial reports robust Q4 earnings and eyes growth opportunities

UMB Financial's Q4 2023 performance showcased strong financial results, with notable increases in net income, loan balances, and noninterest income.
While facing challenges such as rising expenses and tax implications, the company's solid asset quality and capital position provide a foundation for growth.
Opportunities lie in further loan growth, fee business expansion, and maintaining a focus on market share gains to drive future success.

UMB Financial acquires Heartland Financial, driving growth and value

UMB Financial's Q1 performance was strong, supported by robust earnings and balance sheet growth.
The acquisition of Heartland is poised to drive growth and value creation, with a focus on shareholder benefits.
While challenges like expense management and margin pressure exist, opportunities for expansion and synergy creation are significant.

UMB Financial reports strong Q2 earnings and eyes growth opportunities

UMB Financial's Q2 results reflect robust financial performance, strong asset quality, and strategic growth initiatives.
While facing cost management challenges and margin pressures, the company is well-positioned to capitalize on growth opportunities.
Investors should monitor the successful integration of the pending acquisition and the execution of revenue diversification strategies.

UMB Financial posts solid Q3 results, eyes growth opportunities ahead

UMB Financial's Q3 performance showcased strength in fee business, loan growth, and deposit expansion, underpinning solid financial results.
While facing challenges in net interest margin and rising expenses, the company's opportunities lie in pending acquisitions, margin improvement, and revenue growth potential.
With a focus on maintaining strong credit quality and enhancing profitability, UMB Financial aims to drive sustainable growth and shareholder value.
The increase in dividend rate and tangible book value per share reflect the company's commitment to rewarding shareholders and building long-term value.

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UMB Financial Corp. engages in the provision of bank and asset services. It operates through the following segments: Commercial Banking, Institutional Banking, and Personal Banking. The Commercial Banking segment serves the commercial lending and leasing, capital markets, and treasury management needs of the company’s mid-market businesses and governmental entities by offering various products and services. The Institutional Banking segment is a combination of banking services, fund services, and asset management services provided to institutional clients. The Personal Banking segment combines consumer banking and wealth management services offered to clients and delivered through personal relationships and the firm's bank branches, ATM network, and internet banking. The company was founded was founded in 1967 and is headquartered in Kansas City, MO.

UMB Financial (UMBF) is well-poised to gain from robust loan and deposit balance, higher interest rates and a solid balance sheet position.

Here's Why UMB Financial (UMBF) is a Must-Buy Stock Right Now

Valley National

UMB Financial Corp. drew its first upgrade to outperform in at least 20 years while Valley National Bancorp was downgraded to market perform as KBW weighed bank balance sheet strength in the current higher-for-longer interest rate environment

KBW cuts Valley National rating and upgrades UMB in bank balance sheet study

UMB Financial's (UMBF) subsidiary, UMB Fund Services, is set to divest its broker-dealer distribution business to ACA Group.

UMB Financial's (UMBF) Arm to Sell Broker-Dealer Business

NEW YORK--(BUSINESS WIRE)--ACA Group (ACA), the leading provider of governance, risk, and compliance (GRC) solutions to clients in the financial services industry, today announced its intent to acquire the broker-dealer distribution business from UMB Fund Services, a subsidiary of UMB Financial Corporation (Nasdaq: UMBF) (UMB). The transaction is expected to close in the fourth quarter of 2024. ACA's distribution division, ACA Foreside, is the industry's largest third-party distributor by numbe.

ACA Group Announces Agreement to Acquire UMB Distribution Services, LLC

UMB (UMBF) reported earnings 30 days ago. What's next for the stock?

Why Is UMB (UMBF) Up 1.2% Since Last Earnings Report?

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UMB (UMBF) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Surging Earnings Estimates Signal Upside for UMB (UMBF) Stock

Heartland Financial USA

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Heartland Financial, USA Inc. (NasdaqGS: HTLF) to UMB Financial Corporation (NasdaqGS: UMBF). Under the terms of the proposed transaction, shareholders of Heartland will receive 0.55 shares of UMB for each share of Heartland that they own. KSF is seeking to determine whether this consideration and the process.

HEARTLAND FINANCIAL INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Heartland Financial, USA Inc. - HTLF

In the largest acquisition in UMB Finanical's (UMBF) history, the bank will acquire Heartland Financial, increase total assets by more than 40% and expand its geographic footprint.

UMB Financial (UMBF) to Buy Heartland Financial in $2B Deal

UMB Financial Corporation (NASDAQ:UMBF ) Q1 2024 Earnings Conference Call May 1, 2024 9:30 AM ET Company Participants Kay Gregory - Investor Relations Mariner Kemper - Chairman and CEO Ram Shankar - Chief Financial Officer Jim Rine - Chief Executive Officer, UMB Bank Tom Terry - Chief Credit Officer Conference Call Participants Timur Braziler - Wells Fargo Chris McGratty - KBW Jared Shaw - Barclays Terry McEvoy - Stephens, Inc. David Long - Raymond James Operator Ladies and gentlemen, thank you for standing by. Welcome to the UMB Financial Conference Call.

UMB Financial Corporation (UMBF) Q1 2024 Earnings Call Transcript

UMB Financial's (UMBF) first-quarter 2024 earnings reflect higher loan and deposit balances, as well as lower provisions. However, lower NII and a rise in expenses are near-term concerns.

UMB Financial (UMBF) Q1 Earnings Top Estimates, Stock Falls 6.5%

NEW YORK , April 29, 2024 /PRNewswire/ -- Rowley Law PLLC is investigating potential securities law violations by Heartland Financial, USA Inc. (NASDAQ: HTLF) and its board of directors concerning the proposed acquisition of the company by UMB Financial Corporation (NASDAQ: UMBF). Stockholders will receive 0.55 shares of UMB Financial common stock for each share of Heartland Financial stock that they hold.

ALERT: Rowley Law PLLC is Investigating Proposed Acquisition of Heartland Financial, USA Inc.

While the top- and bottom-line numbers for UMB (UMBF) give a sense of how the business performed in the quarter ended March 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Here's What Key Metrics Tell Us About UMB (UMBF) Q1 Earnings

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the merger of UMB Financial Corporation (NASDAQ: UMBF) and Heartland Financial, USA Inc. is fair to UMB shareholders. Halper Sadeh encourages UMB shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com. The investigation concerns whether UMB and its board violated t.

UMBF Stock Alert: Halper Sadeh LLC Is Investigating Whether the Merger of UMB Financial Corporation Is Fair to Shareholders

Heartland Financial USA Inc. HTLF, +0.68% said Monday it agreed to be acquired by UMB Financial Corp. UMBF, -0.59% in an all-stock deal valued at about $2 billion. Heartland Financial stockholders will receive 0.55 shares of UMB common stock for each share that they own.

Regional bank UMB Financial buying Heartland Financial in $2B all-stock deal

KANSAS CITY, Mo.--(BUSINESS WIRE)--UMB Financial Corporation (NASDAQ:UMBF) (“UMB”) announced today that it priced an underwritten public offering of 2,800,000 shares of its common stock at a price of $75.00 per share (before underwriting discounts and commissions), for approximate net proceeds of $201.6 million (before offering expenses, assuming the underwriters do not exercise their option to purchase additional shares and upon, and assuming, full physical settlement of the forward sale agree.

UMB Financial Corporation Announces Pricing of an Underwritten Offering of 2,800,000 Shares of Common Stock

KANSAS CITY, Mo. & DENVER--(BUSINESS WIRE)--UMB Financial Corporation (Nasdaq: UMBF) and Heartland Financial, USA Inc. (Nasdaq: HTLF) announced today that they have entered into a definitive merger agreement under which UMB Financial Corporation (UMB) will acquire Heartland Financial USA, Inc. (HTLF), in an all-stock transaction valued at approximately $2.0 billion. Founded in 1981, HTLF is headquartered in Denver and has $19.4 billion in assets, $16.2 billion in total deposits and $12.1 billio.

UMB Announces Agreement to Acquire Heartland Financial

KANSAS CITY, Mo.--(BUSINESS WIRE)--UMB Financial Corporation (Nasdaq: UMBF), a financial services company, announced net income for the first quarter of 2024 of $110.3 million, or $2.25 per diluted share, compared to $70.9 million, or $1.45 per diluted share, in the fourth quarter of 2023 (linked quarter) and $92.4 million, or $1.90 per diluted share, in the first quarter of 2023. The results for the first quarter of 2024 and the fourth quarter of 2023 include pre-tax expense of $13.0 million a.

UMB Financial Corporation Reports First Quarter 2024 Net Income of $110.3 Million and Net Operating Income(i) of $120.7 Million.

KANSAS CITY, Mo.--(BUSINESS WIRE)--UMB Financial Corporation (Nasdaq: UMBF), a financial services company, will release earnings results for the first quarter 2024 after market hours on Tuesday, April 30, 2024. The company plans to host an investor conference call to discuss these results on Wednesday, May 1, at 8:30 a.m. (CT) / 9:30 a.m. (ET). Interested parties may access the call by dialing (toll-free) 833-470-1428 or (international) 404-975-4839 and requesting to join the UMB Financial call.

UMB Announces Conference Call to Discuss First Quarter 2024 Results

UMB Financial (UMBF) gains from growth in loan and deposit balance as well as solid liquidity. Yet, rising costs, lack of loan portfolio diversification and fierce competition are major woes.

UMB Financial (UMBF) Rides on Loan Growth Amid Rising Costs

Why Is UMB (UMBF) Down 3.4% Since Last Earnings Report?

UMB Financial (UMBF) is well-poised to gain from higher interest rates, solid loan and deposit balance and strong balance sheet position.

4 Reasons to Add UMB Financial (UMBF) to Your Stock Portfolio

UMB Financial's (UMBF) Q4 earnings reflect higher non-interest income, an increase in loans and deposit balances as well as nil provisions. Lower NII and a rise in expenses act as undermining factors.

UMB Financial (UMBF) Q4 Earnings Beat Estimates, Costs Rise

UMB Financial Corporation (UMBF) Q4 2023 Earnings Call Transcript

The headline numbers for UMB (UMBF) give insight into how the company performed in the quarter ended December 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

News for UMB Financial Stock (UMBF)