UMB Financial is a Kansas City-based bank holding company with a long history of stability and growth.
UMB Financial's stock has been listed on the NYSE since 2007, under the ticker symbol UMBF.
UMB Financial's strong financial foundation is reflected in its consistently high liquidity and capital ratios.
UMB Financial has a solid track record of paying consistent dividends to its shareholders.
Financial Data
UMB Financial's revenue in 2023 was $1.42 billion, a decrease of -0.66% compared to the previous year's $1.43 billion.
The company's earnings were $350.02 million, a decrease of -18.92% from the previous year.
Here are some key financial statistics for UMB Financial:
The company's 52-week high and low share prices were $129.94 and $76.00, respectively, with a current share price of $113.25.
Financial Data" would likely correspond to "Stock Overview
UMBF's current share price is $113.25, which is 55% below its estimated fair value. This suggests that the stock may be undervalued.
The company's financial health is strong, with a Snowflake Score of 6/6 in the "Financial Health" category. This indicates that UMBF has a solid financial foundation.
In 2023, UMBF's revenue was $1.42 billion, a decrease of -0.66% compared to the previous year. However, earnings are forecast to grow 35.47% per year.
Here is a summary of UMBF's key statistics:
UMBF operates as a bank holding company, providing banking services and asset servicing in the United States and internationally. The company's financial performance is expected to improve in the coming years, with earnings forecast to grow 35.47% per year.
The company's stock price is expected to rise by 22.6% according to analysts, driven by strong earnings growth and a solid financial foundation.
Liquidity Ratio
The liquidity ratio is a crucial aspect of a company's financial health. It measures a company's ability to pay its short-term debts using its current assets.
A liquidity ratio is often compared to the industry average to gauge a company's performance. Unfortunately, the article doesn't provide a specific liquidity ratio for the company, only a table for "Liquidity Ratio" with a blank body.
However, we can look at the balance sheet to get an idea of the company's liquidity. The balance sheet total change in percentage for 2023 is 14.24%, indicating an increase in the company's total assets.
Here's a breakdown of the company's total liabilities and equity over the years:
Company Information
Umb Financial stock is a publicly traded company listed on the NASDAQ stock exchange under the ticker symbol UMBF.
Umb Financial Corporation is a financial holding company that was established in 1889 in Kansas City, Missouri.
The company operates as a bank holding company, with its primary subsidiary being UMB Bank, n.a. The bank provides a range of financial services to individuals, businesses, and institutions.
Umb Financial Corporation is a member of the Federal Reserve System and is subject to its regulations.
Umb Financial Corporation has a strong presence in the Midwest, with a significant number of branches and ATMs in Missouri, Kansas, Oklahoma, and other states.
Investor Information
If you're considering investing in UMB Financial stock, it's essential to know how it performs compared to the industry and market. UMBF exceeded the US Banks industry which returned 29.1% over the past year.
The seven-day return for UMBF was -0.4%, which is a significant drop. In contrast, the US Banks industry returned 0.6% over the same period.
Here's a comparison of UMBF's returns with the US Market and US Banks industry over the past year:
As you can see, UMBF outperformed the US Market, which returned 25.6% over the past year.
Managers and Directors
Let's take a closer look at the people behind UMB Financial Corporation. The CEO, J. Kemper, has been in the role since 2004 and is 52 years old. He's also the Chairman, which is a pretty big deal.
The President, Jim Rine, is 54 years old and took over the role in 2024. This could be an interesting development, especially considering the company's history and growth.
Ram Shankar, the Director of Finance/CFO, is also 52 years old and has been in the role since 2016. This suggests a strong team dynamic and a focus on financial stability.
Here's a quick rundown of the key managers and directors:
The directors Kris Robbins and Gregory Graves are both 66 and 67 years old, respectively, and have been on the board since 1999 and 2002. This suggests a wealth of experience and a commitment to the company's long-term success.
Shareholder
As an investor, it's essential to understand who owns the shares of UMB Financial and how they're performing. The majority of UMB Financial shares are held by freefloat, making up 94.15% of the total.
The largest shareholders of UMB Financial include UMB Bank, NA, with a 9.63% stake, and Vanguard Group, Inc. (Subfiler), with a 9.47% stake. Other notable shareholders include The Vanguard Group, Inc. and BlackRock Fund Advisors.
Here are the top shareholders of UMB Financial:
In terms of shareholder returns, UMB Financial has performed exceptionally well over the past year, with a 39.3% return compared to the US Banks industry's 29.1% return and the US Market's 25.6% return.
News and Events
UMB Financial Corporation has been making headlines with its recent financial developments. The company's insider sold shares worth $3,036,384 according to a recent SEC filing.
In other news, Raymond James adjusted its price target on UMB Financial to $150 from $130, while maintaining a strong buy rating. This is a significant boost to the company's stock value.
Here are some key events related to UMB Financial's earnings releases:
UMB Financial has also announced its conference call to discuss third quarter 2024 results, which took place on October 9, 2024.
Latest News
UMB Financial Corporation has been making headlines recently. UMB Financial Insider Sold Shares Worth $3,036,384, According to a Recent SEC Filing on December 4th.
Raymond James has been keeping a close eye on the company, adjusting their price target on UMB Financial to $150 From $130, while maintaining a Strong Buy Rating on December 3rd.
UMB Financial's acquisition of Heartland is expected to provide 'Attractive Synergies', according to RBC Capital Markets, who initiated coverage of the company on November 22nd.
Morgan Stanley also initiated coverage of UMB Financial, assigning an Overweight rating with a price target of $156 on November 21st.
Here's a brief summary of the recent price target adjustments and ratings:
UMB Financial's Q3 2024 Earnings Call took place on October 30th, where the company reported a net income of $109.6 million and net operating income of $110.4 million.
Regional Bank Buys Heartland in $2B Deal
UMB Financial Corporation is buying Heartland Financial USA Inc. in an all-stock deal valued at about $2 billion.
Heartland Financial stockholders will benefit from the acquisition, which will give them a stake in the combined company.
The acquisition is a significant move for UMB Financial, which has a long history of growth and expansion.
UMB Financial has already priced an underwritten public offering of 2,8 million shares of its common stock at a price of $.
The acquisition is subject to regulatory approval and is expected to be completed in the near future.
UMB Financial Corporation is a regional bank with a strong presence in the Midwest, while Heartland Financial USA Inc. operates in several states across the country.
Frequently Asked Questions
How big is UMB Financial?
UMB Financial's total assets are approximately $47.49 billion USD, making it a significant player in the financial industry. With a substantial asset base, UMB Financial has a strong foundation for growth and expansion.
Is UMB Bank strong?
UMB Bank is considered strong due to its strong liquidity, diversified deposit base, excellent capital ratios, and solid credit metrics. Despite its relatively high loan-to-deposit ratio, UMB's financial foundation appears stable.
Who is UMB Financial Corp?
UMB Financial Corp is a US financial services holding company founded in 1913. It is based in Kansas City, Missouri, and provides a range of financial services.
What banks does UMB own?
UMB owns several banks in the United States, including UMB Bank Warsaw, UMB National Bank, UMB Bank Colorado, UMB Bank Arizona, and UMB Bank. These banks operate under the UMB Financial Corporation umbrella
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