UMB Financial Q1 adjusted EPS beats estimates, revenue rises 31%

UMB Financial

28/04/2026 21:41

Corrects Adjusted EPS to $3.41 from $4.76 in Key Details table

Overview

U.S. regional bank's Q1 revenue rose 31% yr/yr, adjusted EPS beat analyst expectations

Company performance driven by Heartland Financial acquisition and strong organic loan growth

Company repurchased $19.9 mln in shares, doubled buyback authorization to 2 mln shares

Outlook

Company says U.S. economy remains on sound footing but notes risks from inflation and rates

UMB Financial says loan demand and pipeline remain healthy despite geopolitical uncertainty

Company highlights limited lending exposure to private credit industry, citing strong credit structures

Result Drivers

NET INTEREST INCOME - Growth driven by additional month of Heartland Financial operations, higher loan balances, and favorable deposit and loan repricing

NONINTEREST INCOME - Increase led by higher trust and securities processing fees, investment securities gains, and recoveries of previously charged-off loans

EXPENSE REDUCTION - Lower noninterest expenses due to decreased acquisition-related and legal costs

Company press release: ID:nBw9fSDZ0a

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Adjusted EPS
Beat
$3.41
$2.80 (11 Analysts)
Q1 EPS
$3.35
Q1 Net Income
$261.44 mln
Q1 Net Interest Income
$534.37 mln
Q1 Net Interest Margin
3.38%


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 10 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the banks peer group is "buy"

Wall Street's median 12-month price target for UMB Financial Corp is $144.00, about 16% above its April 27 closing price of $124.16

The stock recently traded at 10 times the next 12-month earnings vs. a P/E of 10 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)