UMB Financial (NASDAQ:UMBF) is set to issue its quarterly earnings data after the market closes on Tuesday, April 24th. Analysts expect the company to announce earnings of $1.03 per share for the quarter.
UMB Financial (NASDAQ:UMBF) last posted its quarterly earnings data on Tuesday, January 23rd. The bank reported $0.95 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.93 by $0.02. UMB Financial had a net margin of 23.35% and a return on equity of 9.05%. The business had revenue of $252.38 million during the quarter, compared to the consensus estimate of $254.98 million. During the same quarter last year, the company posted $0.91 earnings per share. The firm’s quarterly revenue was up 9.9% compared to the same quarter last year. On average, analysts expect UMB Financial to post $5 EPS for the current fiscal year and $5 EPS for the next fiscal year.
NASDAQ UMBF opened at $73.98 on Tuesday. UMB Financial has a 52-week low of $62.27 and a 52-week high of $78.67. The company has a debt-to-equity ratio of 0.04, a current ratio of 0.68 and a quick ratio of 0.68. The stock has a market cap of $3,658.48, a P/E ratio of 19.73, a P/E/G ratio of 1.36 and a beta of 0.84.
UMBF has been the subject of a number of research analyst reports. BidaskClub downgraded shares of UMB Financial from a “sell” rating to a “strong sell” rating in a report on Tuesday, January 9th. Zacks Investment Research upgraded shares of UMB Financial from a “hold” rating to a “strong-buy” rating and set a $85.00 price objective for the company in a report on Friday, January 12th. Wells Fargo raised their price objective on shares of UMB Financial from $71.00 to $75.00 and gave the stock a “market perform” rating in a report on Thursday, January 25th. Finally, Piper Jaffray raised their price objective on shares of UMB Financial from $78.00 to $79.00 and gave the stock a “neutral” rating in a report on Friday, February 2nd. One investment analyst has rated the stock with a sell rating, four have given a hold rating and two have assigned a buy rating to the company. The stock presently has an average rating of “Hold” and an average target price of $78.60.
In other UMB Financial news, Director Timothy R. Murphy bought 1,500 shares of UMB Financial stock in a transaction dated Wednesday, March 14th. The stock was purchased at an average price of $76.23 per share, for a total transaction of $114,345.00. Following the completion of the purchase, the director now directly owns 6,135 shares of the company’s stock, valued at $467,671.05. The acquisition was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Chairman J Mariner Kemper sold 5,451 shares of UMB Financial stock in a transaction dated Friday, January 26th. The stock was sold at an average price of $77.02, for a total transaction of $419,836.02. The disclosure for this sale can be found here. Insiders bought 1,776 shares of company stock valued at $135,338 in the last quarter. Corporate insiders own 10.26% of the company’s stock.
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UMB Financial Company Profile
UMB Financial Corporation, a bank holding company, provides various banking and other financial services. It operates through two segments, Bank and Asset Servicing. The Bank segment offers a range of banking services to commercial, retail, government, and correspondent bank customers through its branches, call center, Internet banking, and ATM network.
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