UMBF Stock Recent News

UMB (UMBF) reported earnings 30 days ago. What's next for the stock?

UMB Financial (UMBF) is well-poised to gain from higher interest rates, solid loan and deposit balance and strong balance sheet position.

UMB Financial's (UMBF) Q4 earnings reflect higher non-interest income, an increase in loans and deposit balances as well as nil provisions. Lower NII and a rise in expenses act as undermining factors.

The headline numbers for UMB (UMBF) give insight into how the company performed in the quarter ended December 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

UMB Financial (UMBF) came out with quarterly earnings of $2.29 per share, beating the Zacks Consensus Estimate of $1.76 per share. This compares to earnings of $2.06 per share a year ago.

KANSAS CITY, Mo.--(BUSINESS WIRE)--UMB Financial Corporation (Nasdaq: UMBF), a financial services company, will release earnings results for the fourth quarter 2023 after market hours on Tuesday, January 30, 2024. The company plans to host an investor conference call to discuss these results on Wednesday, January 31, at 8:30 a.m. (CT) / 9:30 a.m. (ET). Interested parties may access the call by dialing (toll-free) 833-470-1428 or (international) 404-975-4839 and requesting to join the UMB Financ.

UMB Financial's (UMBF) rising loan balances are likely to support its balance sheet position. Yet, rising operating expenses keep the bottom line under pressure.

UMB Financial's (UMBF) strong loan and deposit balance, efforts to diversify fee income sources and robust liquidity position make it a wise investment option.

UMB Financial Corporation (NASDAQ:UMBF ) Q3 2023 Earnings Conference Call October 25, 2023 9:30 AM ET Company Participants Kay Gregory - IR Mariner Kemper - President and CEO Ram Shankar - CFO Tom Terry - Chief Credit Officer Conference Call Participants Nathan Race - Piper Sandler Chris McGratty - KBW Timur Braziler - Wells Fargo Securities Nathan Race - Piper Sandler Operator Hello, and welcome to today's UMB Financial Third Quarter 2023 Financial Results Conference Call. My name is Elliot, and I'll be coordinating your call today.

A decline in revenues and higher costs affect UMB Financial's (UMBF) Q3 Earnings. Nonetheless, moderate growth in loans and NII offer some support.