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

UMB Financial

25/04/2023 23:05

* UMB Financial Corp  UMBF.OQ  reported quarterly adjusted
earnings of $1.90​​ per share for the quarter ended in March.
The mean expectation of five analysts for the quarter was
for earnings of $1.86 per share.
    * Revenue rose 11.3% to $371.81 million from a year ago;
analysts
expected $368.68 million. 
    * UMB Financial Corp's reported EPS for the quarter was
$1.90​.
    * The mean earnings estimate of analysts had fallen by
about 3.1%
in the last three months.​ 
    * In the last 30 days, four analysts negatively revised
earnings
estimates 
    * UMB Financial Corp shares had risen by 0.4% this
quarter and
lost 30.6% so far this year.
    * The company reported quarterly net income of $92.44
million.
    * Wall Street's median 12-month price target for UMB
Financial
Corp is $73.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
April 25 at 10:05 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      1.86           1.90           Beat
 Dec. 31 2022      1.99           2.06           Beat
 Sep. 30 2022      2.15           1.81           Missed
 Jun. 30 2022      1.90           2.83           Beat