UMB Financial Corp reports results for the quarter ended December 31 - Earnings Summary

UMB Financial

28/01/2025 22:02

* UMB Financial Corp  UMBF.OQ  reported quarterly adjusted
earnings of $2.44​​ per share for the quarter ended December 31,
higher than the same quarter last year, when the company
reported EPS of $1.45.  The mean expectation of nine analysts
for the quarter was for earnings of $2.26 per share. Wall Street
expected results to range from $2.14  to $2.46 per share.
    * Revenue rose 17.1% to $434.19 million from a year ago;
analysts
expected $411.52 million. 
    * UMB Financial Corp's reported EPS for the quarter was
$2.44​.
    * The company reported quarterly net income of $120 million.
    * UMB Financial Corp shares had risen by 7.3% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 3.4%
in the last three months.​ 
    * In the last 30 days, two analysts negatively revised
earnings
estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the banks peer
group is
also "buy"

Wall Street's median 12-month price target for UMB Financial
Corp is $140.00 
This summary was machine generated from LSEG data January 28 at
10:01 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      2.26           2.44           Beat
 Sep. 30 2024      2.20           2.25           Beat
 Jun. 30 2024      2.01           2.07           Beat
 Mar. 31 2024      1.76           2.25           Beat