UMB Financial (NASDAQ:UMBF) Releases Quarterly Earnings Results, Beats Expectations By $0.59 EPS

Key Points

• UMB Financial reported $3.41 EPS, beating consensus by $0.59, with revenue up 31.1% year-over-year, a net margin of 16.90% and return on equity of 12.14%.
• The company completed the Heartland Financial acquisition and full system conversion in October 2025, driving early growth in new markets and delivering significant profitability improvements while maintaining asset quality.
• Shareholders approved an amendment to the Omnibus Incentive Compensation Plan that increases the share pool by 3 million shares and removes the plan termination date, introducing potential future dilution or compensation-related overhang.

UMB Financial (NASDAQ:UMBF - Get Free Report) announced its earnings results on Tuesday. The bank reported $3.41 earnings per share for the quarter, topping analysts' consensus estimates of $2.82 by $0.59, FiscalAI reports. UMB Financial had a net margin of 16.90% and a return on equity of 12.14%. UMB Financial's revenue was up 31.1% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $2.58 earnings per share.

Here are the key takeaways from UMB Financial's conference call:

• The company completed its largest acquisition, the Heartland Financial transaction and full system conversion in October 2025, reporting strong early growth in the new markets and expecting continued expansion now that the operating companies are combined.
• UMB reported significant improvements in profitability metrics and "solid growth on both sides of the balance sheet" in 2025, while emphasizing that asset quality was maintained.
• Shareholders approved an amendment to the Omnibus Incentive Compensation Plan that increases the share pool by 3 million shares and removes the plan termination date, which could introduce future dilution or compensation-related overhang.
• Governance items received strong shareholder support—each director was re-elected with over 96% approval, the advisory executive compensation vote passed with over 96%, and KPMG was ratified as auditor with over 98%—indicating broad investor backing and board stability.

UMB Financial Stock Up 1.0%

Shares of NASDAQ UMBF traded up $1.19 during trading on Tuesday, hitting $125.35. 1,270,517 shares of the company traded hands, compared to its average volume of 566,088. The firm has a market capitalization of $9.54 billion, a price-to-earnings ratio of 13.73, a P/E/G ratio of 0.99 and a beta of 0.75. The business's fifty day moving average is $117.27 and its 200 day moving average is $117.26. The company has a debt-to-equity ratio of 0.06, a quick ratio of 0.75 and a current ratio of 0.75. UMB Financial has a fifty-two week low of $90.96 and a fifty-two week high of $136.11.

Insider Activity

In other news, Director Greg M. Graves purchased 220 shares of the business's stock in a transaction on Monday, February 2nd. The shares were acquired at an average price of $127.83 per share, for a total transaction of $28,122.60. Following the completion of the acquisition, the director owned 39,541 shares in the company, valued at approximately $5,054,526.03. The trade was a 0.56% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO J Mariner Kemper sold 15,214 shares of the business's stock in a transaction that occurred on Monday, February 2nd. The shares were sold at an average price of $128.59, for a total value of $1,956,368.26. Following the sale, the chief executive officer owned 1,506,200 shares of the company's stock, valued at approximately $193,682,258. This represents a 1.00% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 19,102 shares of company stock worth $2,458,247 in the last three months. Company insiders own 5.33% of the company's stock.

Institutional Trading of UMB Financial

Several hedge funds have recently bought and sold shares of the business. T. Rowe Price Investment Management Inc. grew its position in UMB Financial by 25.2% in the 4th quarter. T. Rowe Price Investment Management Inc. now owns 235,658 shares of the bank's stock valued at $27,111,000 after purchasing an additional 47,358 shares during the period. Invesco Ltd. raised its holdings in UMB Financial by 9.1% during the fourth quarter. Invesco Ltd. now owns 283,113 shares of the bank's stock worth $32,569,000 after buying an additional 23,566 shares during the last quarter. Mercer Global Advisors Inc. ADV lifted its stake in shares of UMB Financial by 4.1% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 2,563 shares of the bank's stock valued at $295,000 after buying an additional 102 shares in the last quarter. First Citizens Bank & Trust Co. lifted its stake in shares of UMB Financial by 2.4% in the fourth quarter. First Citizens Bank & Trust Co. now owns 7,147 shares of the bank's stock valued at $822,000 after buying an additional 167 shares in the last quarter. Finally, EP Wealth Advisors LLC acquired a new position in shares of UMB Financial during the fourth quarter valued at about $596,000. Institutional investors and hedge funds own 87.78% of the company's stock.

Analysts Set New Price Targets

A number of brokerages have weighed in on UMBF. TD Cowen reiterated a "buy" rating on shares of UMB Financial in a report on Thursday, January 29th. Keefe, Bruyette & Woods boosted their price objective on UMB Financial from $133.00 to $141.00 and gave the company an "outperform" rating in a research note on Thursday, January 29th. Morgan Stanley cut their target price on UMB Financial from $156.00 to $143.00 and set an "overweight" rating on the stock in a research report on Tuesday, March 31st. Piper Sandler raised their target price on UMB Financial from $145.00 to $152.00 and gave the stock an "overweight" rating in a research note on Thursday, January 29th. Finally, Weiss Ratings upgraded UMB Financial from a "buy (b-)" rating to a "buy (b)" rating in a report on Monday. One equities research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of $141.50.

About UMB Financial

UMB Financial Corporation NASDAQ: UMBF is a diversified financial services holding company headquartered in Kansas City, Missouri. Through its principal banking subsidiary, UMB Bank, N.A., the company provides a full suite of commercial and consumer banking services. Key offerings include deposit accounts, commercial and consumer lending, treasury and cash management, as well as online and mobile banking solutions designed to serve businesses, individuals and municipalities.

In addition to its core banking operations, UMB Financial delivers wealth management and trust services, investment advisory, asset management and retirement planning to high-net-worth individuals, families and institutions.