UMB Financial Corp reports results for the quarter ended in June - Earnings Summary

UMB Financial

26/07/2022 23:15

* UMB Financial Corp  UMBF.OQ  reported quarterly adjusted
earnings of $2.83​​ per share for the quarter ended in June. The
mean expectation of five analysts for the quarter was
for earnings of $1.90 per share.
    * Revenue rose 20.6% to $401.13 million from a year ago;
analysts
expected $347.53 million. 
    * UMB Financial Corp's reported EPS for the quarter was
$2.83​.
    * The mean earnings estimate of analysts had risen by
about 6.3%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * UMB Financial Corp shares had risen by 6.6% this
quarter and
lost 13.5% so far this year.
    * The company reported quarterly net income of $137.56
million.
    * Wall Street's median 12-month price target for UMB
Financial
Corp is $105.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data July 26
at 10:15 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      1.90           2.83           Beat
 Mar. 31 2022      1.67           2.17           Beat
 Dec. 31 2021      1.85           1.61           Missed
 Sep. 30 2021      1.80           1.94           Beat