UMB Financial Q2 revenue rises on loan growth, fee income

UMB Financial

28/07/2026 21:26

Overview
US financial services firm's Q2 revenue rose 12.9% yr/yr, driven by loan and fee income growth
Adjusted EPS for Q2 increased 21.1% from a year ago
Company raised quarterly dividend by 16.3%

Outlook
Company did not provide specific guidance or outlook for future quarters or full-year results

Result Drivers
LOAN GROWTH - Co said Q2 results were driven by strong organic loan growth, especially in commercial and industrial lending
FEE INCOME AND INVESTMENT GAINS - Higher noninterest income was led by gains on private investment holdings and increased fees from fund services, corporate trust, and brokerage
ASSET QUALITY IMPROVEMENT - Net charge-offs declined and nonperforming loans fell 15.7% from the prior quarter

Company press release: ID:nBw8fVMrHa

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 EPS
 
$3.56
 
Q2 Net Income
 
$277.57 mln
 
Q2 Net Interest Income
 
$532.50 mln
 
Q2 Net Interest Margin (FTE)
 
3.32%
 

Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 11 "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 $161.00, about 14.2% above its July 27 closing price of $140.97
The stock recently traded at 10 times the next 12-month earnings vs. a P/E of 9 three months ago

Reuters Recommended Reads
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July 27 - Commercial BancGroup Q2 net income rises, driven by loan growth
July 27 - Bladex Q2 revenue rises on higher commercial balances, record fees

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(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.)