UMB Financial (UMBF) to Release Quarterly Earnings on Tuesday

UMB Financial (NASDAQ:UMBF) is expected to be issuing its quarterly earnings data after the market closes on Tuesday, January 28th. Analysts expect UMB Financial to post earnings of $2.25 per share and revenue of $412,269.81 billion for the quarter. Individual interested in participating in the company’s earnings conference call can do so using this link.

UMB Financial (NASDAQ:UMBF) last posted its earnings results on Tuesday, October 29th. The bank reported $2.25 EPS for the quarter, beating the consensus estimate of $2.20 by $0.05. The company had revenue of $716.44 million during the quarter, compared to analyst estimates of $398.83 million. UMB Financial had a return on equity of 13.80% and a net margin of 14.44%. During the same period in the prior year, the company earned $2.02 earnings per share. On average, analysts expect UMB Financial to post $9 EPS for the current fiscal year and $9 EPS for the next fiscal year.

UMB Financial Trading Up 0.4 %

UMB Financial stock opened at $121.04 on Monday. UMB Financial has a 52-week low of $76.00 and a 52-week high of $129.94. The firm has a market capitalization of $5.91 billion, a price-to-earnings ratio of 15.13 and a beta of 0.82. The firm has a 50-day moving average price of $119.05 and a two-hundred day moving average price of $109.04. The company has a quick ratio of 0.76, a current ratio of 0.76 and a debt-to-equity ratio of 0.11.

UMB Financial Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, January 2nd. Stockholders of record on Tuesday, December 10th were issued a $0.40 dividend. This is a positive change from UMB Financial’s previous quarterly dividend of $0.39. The ex-dividend date of this dividend was Tuesday, December 10th. This represents a $1.60 annualized dividend and a dividend yield of 1.32%. UMB Financial’s dividend payout ratio is 20.00%.

Insider Activity

In related news, EVP John Pauls sold 849 shares of UMB Financial stock in a transaction dated Friday, November 1st. The stock was sold at an average price of $110.42, for a total value of $93,746.58. Following the completion of the transaction, the executive vice president now directly owns 6,483 shares of the company’s stock, valued at $715,852.86. The trade was a 11.58 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO J Mariner Kemper sold 24,300 shares of the company’s stock in a transaction on Friday, November 1st. The stock was sold at an average price of $108.83, for a total value of $2,644,569.00. Following the transaction, the chief executive officer now directly owns 1,576,604 shares in the company, valued at approximately $171,581,813.32. This represents a 1.52 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 50,303 shares of company stock worth $5,879,967. Corporate insiders own 8.85% of the company’s stock.

Analyst Ratings Changes

UMBF has been the subject of a number of analyst reports. Wells Fargo & Company upped their price objective on shares of UMB Financial from $107.00 to $120.00 and gave the company an “equal weight” rating in a research note on Thursday, October 31st. StockNews.com cut shares of UMB Financial from a “hold” rating to a “sell” rating in a research note on Tuesday, January 14th. Royal Bank of Canada started coverage on UMB Financial in a research note on Friday, November 22nd. They issued a “sector perform” rating and a $130.00 price objective on the stock. Barclays raised their target price on shares of UMB Financial from $123.00 to $139.00 and gave the company an “overweight” rating in a research note on Thursday, December 5th. Finally, Citigroup assumed coverage on UMB Financial in a research report on Thursday, October 10th. They issued a “buy” rating and a $127.00 price objective for the company. One research analyst has rated the stock with a sell rating, two have assigned a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $124.00.

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.