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

UMB Financial

24/10/2023 23:00

* UMB Financial Corp  UMBF.OQ  reported quarterly adjusted
earnings of $1.98​​ per share for the quarter ended in
September. The mean expectation of five analysts for the quarter
was for earnings of $1.77 per share.
    * Revenue fell 1.8% to $355.60 million from a year ago;
analysts
expected $365.29 million. 
    * UMB Financial Corp's reported EPS for the quarter was
$1.98​.
    * The mean earnings estimate of analysts had fallen by
about 6.4%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates 
    * UMB Financial Corp shares had fallen by 1.6% this
quarter and
lost 26.9% so far this year.
    * The company reported quarterly net income of $96.55
million.
    * Wall Street's median 12-month price target for UMB
Financial
Corp is $75.00 
    * The current average analyst rating on the shares is "hold"
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 LSEG Refinitiv data
October 24 at 10:00 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      1.77           1.98           Beat
 Jun. 30 2023      1.93           1.85           Missed
 Mar. 31 2023      1.86           1.90           Beat
 Dec. 31 2022      1.99           2.06           Beat