UMB Financial (UMBF) to Release Earnings on Tuesday

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

UMB Financial (NASDAQ:UMBF) last posted its quarterly earnings data on Tuesday, October 29th. The bank reported $2.25 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.20 by $0.05. The business had revenue of $716.44 million during the quarter, compared to the consensus estimate of $398.83 million. UMB Financial had a return on equity of 13.80% and a net margin of 14.44%. During the same quarter 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 Price Performance

UMBF opened at $119.58 on Tuesday. The stock has a fifty day simple moving average of $119.27 and a two-hundred day simple moving average of $107.98. The company has a current ratio of 0.76, a quick ratio of 0.76 and a debt-to-equity ratio of 0.11. The company has a market cap of $5.84 billion, a price-to-earnings ratio of 14.95 and a beta of 0.82. UMB Financial has a 12-month low of $76.00 and a 12-month high of $129.94.

UMB Financial Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, January 2nd. Shareholders of record on Tuesday, December 10th were issued a $0.40 dividend. This is an increase from UMB Financial’s previous quarterly dividend of $0.39. The ex-dividend date was Tuesday, December 10th. This represents a $1.60 dividend on an annualized basis and a yield of 1.34%. UMB Financial’s dividend payout ratio is 20.00%.

Insider Activity at UMB Financial

In other UMB Financial news, CEO J Mariner Kemper sold 24,300 shares of the firm’s stock in a transaction dated 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 of the company’s stock, valued at approximately $171,581,813.32. This trade represents a 1.52 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP John Pauls sold 849 shares of the firm’s 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 in the company, valued at $715,852.86. The trade was a 11.58 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 50,303 shares of company stock valued at $5,879,967 over the last ninety days. Insiders own 8.85% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on the company. Barclays raised their price target on UMB Financial from $123.00 to $139.00 and gave the company an “overweight” rating in a report on Thursday, December 5th. Royal Bank of Canada assumed coverage on UMB Financial in a report on Friday, November 22nd. They set a “sector perform” rating and a $130.00 price target for the company. StockNews.com downgraded UMB Financial from a “hold” rating to a “sell” rating in a report on Tuesday, January 14th. Wells Fargo & Company raised their price target on UMB Financial from $107.00 to $120.00 and gave the company an “equal weight” rating in a report on Thursday, October 31st. Finally, Citigroup assumed coverage on UMB Financial in a report on Thursday, October 10th. They set a “buy” rating and a $127.00 price target 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 given a strong buy rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price 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.