UMB Financial (UMBF) Scheduled to Post Quarterly Earnings on Tuesday

UMB Financial (NASDAQ:UMBF) is scheduled to issue its quarterly earnings data before the market opens on Tuesday, April 23rd. Analysts expect the company to announce earnings of $1.10 per share for the quarter. Parties interested in registering for the company’s conference call can do so using this link.

UMB Financial (NASDAQ:UMBF) last announced its quarterly earnings results on Tuesday, January 29th. The bank reported $0.56 earnings per share for the quarter, missing the consensus estimate of $1.11 by ($0.55). The company had revenue of $256.81 million for the quarter, compared to analysts’ expectations of $261.28 million. UMB Financial had a net margin of 17.25% and a return on equity of 9.12%. On average, analysts expect UMB Financial to post $5 EPS for the current fiscal year and $5 EPS for the next fiscal year.

Shares of UMBF stock opened at $66.16 on Tuesday. The company has a debt-to-equity ratio of 0.04, a current ratio of 0.69 and a quick ratio of 0.69. The company has a market cap of $3.22 billion, a P/E ratio of 16.42, a P/E/G ratio of 1.89 and a beta of 0.85. UMB Financial has a twelve month low of $57.00 and a twelve month high of $82.14.

The business also recently declared a quarterly dividend, which was paid on Monday, April 1st. Investors of record on Monday, March 11th were given a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a yield of 1.81%. The ex-dividend date was Friday, March 8th. UMB Financial’s dividend payout ratio is currently 29.78%.

UMBF has been the subject of several recent research reports. BidaskClub upgraded UMB Financial from a “hold” rating to a “buy” rating in a research report on Saturday, February 9th. ValuEngine raised UMB Financial from a “sell” rating to a “hold” rating in a report on Wednesday, January 2nd. Raymond James lowered UMB Financial from an “outperform” rating to a “mkt perform” rating in a report on Monday, January 7th. Bank of America lowered UMB Financial from a “buy” rating to a “neutral” rating in a report on Thursday, January 10th. Finally, Stephens raised UMB Financial from an “equal weight” rating to an “overweight” rating in a report on Wednesday, December 19th. One 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’s stock. The company currently has a consensus rating of “Hold” and a consensus price target of $77.00.

In other UMB Financial news, Director Timothy R. Murphy acquired 4,000 shares of the company’s stock in a transaction on Friday, February 1st. The shares were bought at an average cost of $64.63 per share, with a total value of $258,520.00. Following the completion of the acquisition, the director now owns 12,635 shares in the company, valued at $816,600.05. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Shannon Andresen Johnson sold 1,504 shares of UMB Financial stock in a transaction that occurred on Thursday, March 7th. The stock was sold at an average price of $66.57, for a total value of $100,121.28. Following the completion of the sale, the executive vice president now directly owns 9,049 shares in the company, valued at $602,391.93. The disclosure for this sale can be found here. 10.45% of the stock is currently owned by company insiders.

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UMB Financial Company Profile

UMB Financial Corporation operates as the bank holding company for the UMB Bank that provides various banking and other financial services. It operates through four segments: Commercial Banking, Institutional Banking, Personal Banking, and Healthcare Services. The Commercial Banking segment provides commercial loans, commercial credit cards, letters of credit, loan syndication services, consultative services, and various financial options; capital markets services, including asset-based financing, asset securitization, equity and mezzanine financing, factoring, and private and public placement of senior debt, as well as merger and acquisition consulting; and depository, account reconciliation, electronic fund transfer, controlled disbursements, lockbox, and remote deposit capture services.

Further Reading: Dividend

Earnings History for UMB Financial (NASDAQ:UMBF)

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