UMB Financial

UMB Financial Corp. operates as a financial holding company, which engages in the provision of bank and asset services. It operates through the following segments: Commercial Banking, Institutional Banking, and Personal Banking. The Commercial Banking segment serves the commercial lending and leasing, capital markets, and treasury management needs of the company’s mid-market businesses and governmental entities by offering various products and services. The Institutional Banking segment is a combination of banking services, fund services, and asset management services provided to institutional clients. The Personal Banking segment combines consumer banking and wealth management services offered to clients and delivered through personal relationships and the firm's bank branches, ATM network, and internet banking. The company was founded was founded in 1967 and is headquartered in Kansas City, MO.

Earnings data Q1 2021

Earnings data Q2 2021

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Earnings data Q1 2022

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Earnings data Q1 2023

Earnings data Q2 2023

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Earnings data Q1 2024

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Earnings data Q4 2024

UMB Financial achieves record earnings in Q4 2022, poised for strategic growth

UMB Financial's Q4 2022 performance reflects robust earnings, driven by loan growth and favorable interest rate dynamics.
Despite challenges in managing expenses and margins, the company's strong credit quality and strategic focus on growth present a resilient outlook.
Opportunities for UMB Financial include leveraging its balance sheet strength, exploring diverse revenue streams, and maintaining a customer-centric approach for sustained success.

UMB Financial excels in Q1 2023, poised for growth

UMB Financial's Q1 performance showcased growth, stability, and resilience in a dynamic market environment. The company's strategic focus on relationship banking, diverse revenue streams, and prudent risk management underpin its success. With a strong outlook for the next quarter, UMB Financial is well-positioned for continued growth and success.

UMB Financial posts solid Q2 earnings amidst deposit challenges

UMB Financial delivered strong financial results in Q2 2023, driven by robust loan growth and solid asset quality.
While facing challenges in deposit balances and margin compression, the company's focus on client engagement and fee income remains a key strength.
Opportunities lie in capital return plans, net interest income growth, and enhancing deposit relationships to navigate current market conditions.

UMB Financial reports robust Q3 performance and optimistic outlook

UMB Financial's Q3 performance showcased disciplined growth, strong asset quality, and effective expense management.
While challenges like macroeconomic variables persist, the company's focus on controlling costs and seizing opportunities bodes well for future growth.
Overall, UMB Financial's solid financial results and strategic outlook position it favorably for continued success and shareholder value creation.

UMB Financial reports robust Q4 earnings and eyes growth opportunities

UMB Financial's Q4 2023 performance showcased strong financial results, with notable increases in net income, loan balances, and noninterest income.
While facing challenges such as rising expenses and tax implications, the company's solid asset quality and capital position provide a foundation for growth.
Opportunities lie in further loan growth, fee business expansion, and maintaining a focus on market share gains to drive future success.

UMB Financial acquires Heartland Financial, driving growth and value

UMB Financial's Q1 performance was strong, supported by robust earnings and balance sheet growth.
The acquisition of Heartland is poised to drive growth and value creation, with a focus on shareholder benefits.
While challenges like expense management and margin pressure exist, opportunities for expansion and synergy creation are significant.

UMB Financial reports strong Q2 earnings and eyes growth opportunities

UMB Financial's Q2 results reflect robust financial performance, strong asset quality, and strategic growth initiatives.
While facing cost management challenges and margin pressures, the company is well-positioned to capitalize on growth opportunities.
Investors should monitor the successful integration of the pending acquisition and the execution of revenue diversification strategies.

UMB Financial posts solid Q3 results, eyes growth opportunities ahead

UMB Financial's Q3 performance showcased strength in fee business, loan growth, and deposit expansion, underpinning solid financial results.
While facing challenges in net interest margin and rising expenses, the company's opportunities lie in pending acquisitions, margin improvement, and revenue growth potential.
With a focus on maintaining strong credit quality and enhancing profitability, UMB Financial aims to drive sustainable growth and shareholder value.
The increase in dividend rate and tangible book value per share reflect the company's commitment to rewarding shareholders and building long-term value.

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UMB Financial Corp. engages in the provision of bank and asset services. It operates through the following segments: Commercial Banking, Institutional Banking, and Personal Banking. The Commercial Banking segment serves the commercial lending and leasing, capital markets, and treasury management needs of the company’s mid-market businesses and governmental entities by offering various products and services. The Institutional Banking segment is a combination of banking services, fund services, and asset management services provided to institutional clients. The Personal Banking segment combines consumer banking and wealth management services offered to clients and delivered through personal relationships and the firm's bank branches, ATM network, and internet banking. The company was founded was founded in 1967 and is headquartered in Kansas City, MO.

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After Moody's, US Banks' Ratings Downgraded by S&P Global

S&P Global Ratings downgraded five regional U.S. banks by one notch and lowered its outlook for several other lenders, following a similar move by Moody's.

S&P downgrades multiple US banks citing 'tough' lending environment

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S&P downgrades regional banks as rising interest rates pressure profits

S&P Global Ratings downgraded the ratings of five regional banks late Monday by a single notch, after a review that focused on risks relating to funding, liquidity and asset quality with an emphasis on office commercial real estate. The rating agency cut its rating on Associated Banc.

S&P Global Ratings downgrades five U.S. regional banks after review of risk

S&P Global Ratings downgraded five regional US banks by one notch and signaled a negative outlook for several others on Monday.

S&P downgrades five US banks following Moody's lead

S&P Global on Monday cut credit ratings and revised its outlook for multiple U.S. banks, following a similar move by Moody's, warning that funding risks and weaker profitability will likely test the sector's credit strength.

S&P downgrades multiple US banks citing 'tough' operating conditions

MILWAUKEE--(BUSINESS WIRE)--UMB Fund Services, Inc. (UMBFS), a subsidiary of UMB Financial Corporation (NASDAQ: UMBF), announced today the launch of its second turnkey Registered Fund Solutions (RFS) platform service for starting and operating unlisted closed-end funds. Redwood Real Estate Income Fund (ticker: CREMX) launched as the first fund on the new platform. During 2022, even as financial markets struggled, UMB Fund Services experienced strong growth in its closed-end fund segment, adding.

UMB Launches Second Turnkey Registered Funds Solutions Platform as More Funds Choose Shared Services

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UMB Financial Corporation (NASDAQ:UMBF ) Q2 2023 Earnings Conference Call July 26, 2023 10:30 AM ET Company Participants Kay Gregory - Senior Vice President and Director, Investor Relations Mariner Kemper - President & Chief Executive Officer Ram Shankar - Chief Financial Officer Jim Rine - Chief Executive Officer-UMB Bank Conference Call Participants Chris McGratty - KBW Nathan Race - Piper Sandler Operator Good morning, or good afternoon all, and welcome to the UMB Financial Second Quarter Investor Call. My name is Adam, and I'll be your operator for today.

UMB Financial Corporation (UMBF) Q2 2023 Earnings Call Transcript

A decline in revenues and higher costs affect UMB Financial's (UMBF) Q2 Earnings. Nonetheless, moderate growth in loans and NII offer some support.

UMB Financial's (UMBF) Q2 Earnings Miss on Revenues Decline

Although the revenue and EPS for UMB (UMBF) give a sense of how its business performed in the quarter ended June 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Here's What Key Metrics Tell Us About UMB (UMBF) Q2 Earnings

UMB Financial (UMBF) came out with quarterly earnings of $1.93 per share, missing the Zacks Consensus Estimate of $1.99 per share. This compares to earnings of $2.83 per share a year ago.

UMB Financial (UMBF) Lags Q2 Earnings and Revenue Estimates

KANSAS CITY, Mo.--(BUSINESS WIRE)--UMB Financial Corporation (Nasdaq: UMBF), a financial services company, announced net income for the second quarter of 2023 of $90.1 million, or $1.85 per diluted share, compared to $92.4 million, or $1.90 per diluted share, in the first quarter of 2023 (linked quarter) and $137.6 million, or $2.83 per diluted share, in the second quarter of 2022. The results for the second quarter of 2022 include a pre-tax gain of $66.2 million on the sale of the company's en.

UMB Financial Corporation Reports Second Quarter Net Income of $90.1 Million

KANSAS CITY, Mo.--(BUSINESS WIRE)--UMB Financial Corporation (Nasdaq: UMBF) has announced the appointment of Phil Mason to the role of president, Institutional Banking. Brian Hutchin has been promoted to fill Mason's prior role of director of UMB Healthcare Services. As president, Institutional Banking, Mason oversees UMB's activities across corporate trust and agency services, institutional custody, fund services, the capital markets division, investor banking services, and healthcare services.

UMB Appoints New Leadership to its Institutional Banking Division

A decent liquidity position, a healthy balance sheet and higher rates are expected to support UMB Financial (UMBF). However, mounting expenses and the concentration of loans are concerns.

UMB Financial (UMBF) Rides on Rates Amid a Rise in Expenses

KANSAS CITY, Mo.--(BUSINESS WIRE)--UMB Financial Corporation (Nasdaq: UMBF), a financial services company, will release earnings results for the second quarter 2023 after market hours on Tuesday, July 25, 2023. The company plans to host an investor conference call to discuss these results on Wednesday, July 26, 2023, at 9:30 a.m. (CT) / 10:30 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 Finan.

UMB Announces Conference Call to Discuss Second Quarter 2023 Results

An increase in non-interest expenses and growing competition are major headwinds for UMB Financial (UMBF). Nonetheless, solid loan and deposit balances, and decent liquidity offer some support.

UMB Financial (UMBF) Hurt by Rising Costs and Competition

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Citizens, PNC, UMB Stock Plummet After First Republic's Epic Failure—Here Are The Bank Stocks That Are Plunging

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Post Crash UMB Financial Stock Has A Good Risk/Reward

A rise in revenues and higher rates support UMB Financial's (UMBF) Q1 earnings, while an increase in provisions for credit losses and a decline in credit quality were the undermining factors.

UMB Financial (UMBF) Q1 Earnings Meet, Revenues Rise Y/Y

UMB Financial Corporation (UMBF) Q1 2023 Earnings Call Transcript.

UMB Financial Corporation (UMBF) Q1 2023 Earnings Call Transcript

UMB Financial (UMBF) came out with quarterly earnings of $1.91 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $2.17 per share a year ago.

UMB Financial (UMBF) Meets Q1 Earnings Estimates

KANSAS CITY, Mo.--(BUSINESS WIRE)--UMB Financial Corporation (Nasdaq: UMBF), a financial services company, announced net income for the first quarter of 2023 of $92.4 million, or $1.90 per diluted share, compared to $100.2 million, or $2.06 per diluted share, in the fourth quarter of 2022 (linked quarter) and $106.0 million, or $2.17 per diluted share, in the first quarter of 2022. Net operating income, a non-GAAP financial measure reconciled later in this release to net income, the nearest com.

UMB Financial Corporation Reports First Quarter Net Income of $92.4 Million

UMB (UMBF) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: UMB Financial (UMBF) Q1 Earnings Expected to Decline

KANSAS CITY, Mo.--(BUSINESS WIRE)--UMB Financial Corporation (Nasdaq: UMBF), a financial services company, will release earnings results for the first quarter 2023 on Tuesday, April 25, 2023. The company plans to host an investor conference call to discuss these results on Wednesday, April 26, 2023, at 8:30 a.m. (CT). Interested parties may access the call by dialing (toll-free) 833-470-1428 or (international) 404-975-4839 and requesting to join the UMB Financial call with access code 443869.

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