UMB Financial (NASDAQ:UMBF) Stock Price Target Lowered at Citigroup

Key Points

• Citigroup lowered UMB Financial’s price target from $162 to $145 and maintained a neutral rating, implying 6.43% upside from the prior close.
• Despite Citigroup’s caution, analyst sentiment remains positive overall: UMB Financial has a consensus “Moderate Buy” rating and an average target price of $160.93.
• UMB Financial reported stronger-than-expected quarterly results, with EPS of $3.56 versus the $3.22 estimate and revenue of $772.4 million versus $744.8 million expected; revenue rose 13.9% year over year.

UMB Financial (NASDAQ:UMBF - Get Free Report) had its price objective lowered by equities research analysts at Citigroup from $162.00 to $145.00 in a research note issued to investors on Thursday, Benzinga reports. The brokerage presently has a "neutral" rating on the bank's stock. Citigroup's price target suggests a potential upside of 6.43% from the stock's previous close.

Other research analysts also recently issued reports about the company. TD Cowen boosted their price objective on UMB Financial from $152.00 to $154.00 and gave the company a "buy" rating in a research note on Thursday. Raymond James Financial initiated coverage on shares of UMB Financial in a research note on Thursday, August 27th. They set an "outperform" rating and a $165.00 target price on the stock. Truist Financial lowered their price target on shares of UMB Financial from $170.00 to $156.00 and set a "buy" rating on the stock in a report on Tuesday, October 20th. Weiss Ratings reiterated a "buy (b)" rating on shares of UMB Financial in a research report on Thursday, October 22nd. Finally, UBS Group started coverage on shares of UMB Financial in a research note on Monday, September 14th. They issued a "neutral" rating and a $155.00 price objective for the company. One analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and four have given a Hold rating to the company's stock. Based on data from MarketBeat, UMB Financial currently has a consensus rating of "Moderate Buy" and a consensus target price of $160.93.

UMB Financial Stock Performance

Shares of UMB Financial stock traded up $3.90 on Thursday, hitting $136.24. 485,660 shares of the company's stock were exchanged, compared to its average volume of 874,749. UMB Financial has a 1 year low of $68.92 and a 1 year high of $144.36. The company has a 50-day simple moving average of $136.14 and a 200-day simple moving average of $131.05. The company has a debt-to-equity ratio of 0.06, a quick ratio of 0.76 and a current ratio of 0.76. The stock has a market capitalization of $10.35 billion, a PE ratio of 11.33, a PEG ratio of 0.63 and a beta of 0.82.

UMB Financial (NASDAQ:UMBF - Get Free Report) last announced its earnings results on Tuesday, October 27th. The bank reported $3.56 EPS for the quarter, topping analysts' consensus estimates of $3.22 by $0.34. The company had revenue of $772.39 million for the quarter, compared to analysts' expectations of $744.81 million. UMB Financial had a return on equity of 13.41% and a net margin of 21.64%. UMB Financial's revenue for the quarter was up 13.9% compared to the same quarter last year. During the same period last year, the firm earned $2.70 EPS. As a group, equities analysts anticipate that UMB Financial will post 13.53 EPS for the current year.

Insiders Place Their Bets

In other news, insider Phillip Mason sold 800 shares of the business's stock in a transaction on Tuesday, August 4th. The shares were sold at an average price of $147.00, for a total value of $117,600.00. Following the transaction, the insider owned 8,894 shares of the company's stock, valued at approximately $1,307,418. The trade was a 8.25% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO J. Kemper sold 15,062 shares of the company's stock in a transaction on Tuesday, August 4th. The stock was sold at an average price of $148.55, for a total transaction of $2,237,460.10. Following the transaction, the chief executive officer owned 1,491,138 shares of the company's stock, valued at approximately $221,508,549.90. This represents a 1.00% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 25,544 shares of company stock worth $3,775,862 over the last ninety days. 5.33% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. First National Bank of Omaha bought a new stake in shares of UMB Financial in the 2nd quarter valued at approximately $1,053,000. Bank of America Corp DE bought a new position in shares of UMB Financial during the 2nd quarter valued at approximately $129,153,000. BlackRock Inc. bought a new position in shares of UMB Financial during the 2nd quarter valued at approximately $1,458,386,000. Freestone Grove Partners LP purchased a new stake in UMB Financial during the 2nd quarter valued at $7,161,000. Finally, Ceredex Value Advisors LLC purchased a new stake in UMB Financial during the 2nd quarter valued at $14,112,000. Institutional investors own 87.78% of the company's stock.

UMB Financial News Roundup

Here are the key news stories impacting UMB Financial this week:

• Positive Sentiment: Q3 earnings and revenue exceeded expectations. UMB Financial reported earnings of $3.56 per share, well above the $3.22 consensus estimate, while revenue reached $772.4 million versus expectations of $744.8 million. Revenue increased 13.9% year over year, supported by higher net interest income and fee income. UMBF Q3 Earnings Beat on Higher NII, El Dorado Buyout Deal Announced
• Positive Sentiment: El Dorado acquisition expands UMBF’s geographic reach. The company agreed to acquire El Dorado Savings Bank for approximately $506 million. The deal is expected to add branches and customers in California and Nevada and is targeted to close in the first quarter of 2027, potentially creating longer-term growth opportunities. UMB Financial to Acquire El Dorado Savings Bank for $506M
• Positive Sentiment: Dividend maintained. UMB Financial declared a quarterly dividend of $0.50 per share, equivalent to $2.00 annually and a stated yield of about 1.5%. UMB Financial Declares Quarterly Dividend
• Neutral Sentiment: Near-term expenses will remain elevated. Management expects fourth-quarter operating expenses of $400 million to $405 million as it advances the El Dorado transaction, creating potential integration and execution risks. UMB Financial Q4 Operating Expense Outlook
• Positive Sentiment: Valuation remains viewed favorably. Zacks classified UMBF as a strong value stock, while a separate report cited an average analyst price target of $162.86, above the referenced trading level. Why UMB Financial Is a Strong Value Stock

UMB Financial Company Profile

UMB Financial Corporation is a financial holding company headquartered in Kansas City, Missouri. Its principal subsidiary, UMB Bank, provides banking and financial services to individuals, businesses, institutions and government entities. The company serves customers through banking offices and digital channels across the Midwest and other U.S. markets.

UMB Bank offers commercial and personal banking products, including deposit accounts, loans, treasury management, payment services and credit solutions.

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