UMB Financial (UMBF) Set to Announce Quarterly Earnings on Tuesday

UMB Financial (NASDAQ:UMBF - Get Free Report) will announce its earnings results after the market closes on Tuesday, April 30th. Analysts expect the company to announce earnings of $1.80 per share for the quarter. Investors that wish to register for the company's conference call can do so using this link.

UMB Financial (NASDAQ:UMBF - Get Free Report) last released its earnings results on Wednesday, January 31st. The bank reported $2.29 EPS for the quarter, topping analysts' consensus estimates of $1.76 by $0.53. The business had revenue of $370.80 million during the quarter, compared to analysts' expectations of $360.69 million. UMB Financial had a net margin of 14.70% and a return on equity of 13.75%. The company's quarterly revenue was up .0% on a year-over-year basis. During the same quarter in the previous year, the company earned $2.06 earnings per share. On average, analysts expect UMB Financial to post $7 EPS for the current fiscal year and $8 EPS for the next fiscal year.

UMB Financial Price Performance

Shares of UMBF stock traded up $0.18 on Tuesday, reaching $83.74. 129,287 shares of the company were exchanged, compared to its average volume of 215,122. The company has a market cap of $4.08 billion, a price-to-earnings ratio of 11.81 and a beta of 0.83. UMB Financial has a 1 year low of $50.68 and a 1 year high of $87.36. The business has a 50-day moving average price of $81.67 and a 200 day moving average price of $77.11. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.72 and a current ratio of 0.72.

UMB Financial Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, April 1st. Investors of record on Monday, March 11th were given a dividend of $0.39 per share. The ex-dividend date of this dividend was Friday, March 8th. This represents a $1.56 dividend on an annualized basis and a yield of 1.86%. UMB Financial's payout ratio is presently 21.73%.

Insider Transactions at UMB Financial

In other news, CEO J Mariner Kemper sold 3,500 shares of the company's stock in a transaction that occurred on Friday, February 2nd. The shares were sold at an average price of $83.10, for a total value of $290,850.00. Following the transaction, the chief executive officer now directly owns 252,114 shares in the company, valued at approximately $20,950,673.40. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. In related news, EVP John Pauls sold 1,440 shares of the company's stock in a transaction that occurred on Wednesday, February 7th. The shares were sold at an average price of $79.51, for a total transaction of $114,494.40. Following the sale, the executive vice president now directly owns 8,496 shares of the company's stock, valued at approximately $675,516.96. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO J Mariner Kemper sold 3,500 shares of the company's stock in a transaction that occurred on Friday, February 2nd. The stock was sold at an average price of $83.10, for a total transaction of $290,850.00. Following the sale, the chief executive officer now directly owns 252,114 shares in the company, valued at $20,950,673.40. The disclosure for this sale can be found here. In the last three months, insiders have sold 27,277 shares of company stock worth $2,264,661. 8.85% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on the stock. Wells Fargo & Company boosted their price target on shares of UMB Financial from $85.00 to $88.00 and gave the stock an "equal weight" rating in a research report on Wednesday, April 10th. Raymond James boosted their price target on shares of UMB Financial from $80.00 to $102.00 and gave the stock a "strong-buy" rating in a research report on Thursday, February 1st. StockNews.com upgraded shares of UMB Financial from a "sell" rating to a "hold" rating in a research report on Saturday, March 16th. Piper Sandler boosted their target price on shares of UMB Financial from $87.50 to $99.00 and gave the company an "overweight" rating in a report on Thursday, February 1st. Finally, Barclays began coverage on shares of UMB Financial in a report on Friday, March 8th. They issued an "equal weight" rating and a $91.00 target price on the stock. Four investment analysts have rated the stock with a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $88.00.

About UMB Financial

UMB Financial Corporation operates as the bank holding company that provides banking services and asset servicing in the United States and internationally. The Commercial Banking segment provides commercial loans and credit card; commercial real estate financing; letters of credit; loan syndication, and consultative service; various business solutions including asset-based lending, mezzanine debt, and minority equity investment; and treasury management service, such as depository service, account reconciliation, cash management tool, accounts payable and receivable solution, electronic fund transfer and automated payment, controlled disbursement, lockbox service, and remote deposit capture service.