UMB Financial - UMBF Stock Forecast, Price & News

UMB Financial Corporation operates as the bank holding company for the UMB Bank that provides various banking and other financial services. 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, accounts receivable financing, 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. The Institutional Banking segment offers asset management and healthcare service provided to institutional client; and fund administration and accounting, investor service and transfer agency, marketing and distribution, custody, alternative investment service, fixed income sale, trading and underwriting, and corporate trust and escrow service, as well as institutional custody service. This segment also provides healthcare payment solution includes custodial service for health saving accounts and private label, multipurpose debit cards to insurance carriers, third-party administrator, software companies, employers, and financial institutions. The Personal Banking segment offers deposit account, retail credit card, private banking, installment loan, home equity line of credit, residential mortgage, and small business loan, as well as internet banking, ATM network, private banking, brokerage and insurance service, and advisory and trust service. It operates through a network of branches and offices in the states of Missouri, Kansas, Colorado, Illinois, Oklahoma, Texas, Arizona, Nebraska, Iowa, Pennsylvania, South Dakota, Indiana, Utah, Minnesota, California, and Wisconsin. The company was founded in 1913 and is headquartered in Kansas City, Missouri.

Analyst Ratings Changes

Several analysts recently commented on UMBF shares. Wells Fargo & Company cut their price objective on shares of UMB Financial from $110.00 to $100.00 in a research report on Thursday, April 28th. StockNews.com raised shares of UMB Financial from a "sell" rating to a "hold" rating in a research report on Sunday, May 1st. Finally, Raymond James cut their price objective on shares of UMB Financial from $113.00 to $108.00 and set an "outperform" rating on the stock in a research report on Thursday, July 7th.

UMB Financial Price Performance

Shares of NASDAQ:UMBF opened at $98.48 on Tuesday. The firm's 50 day moving average price is $88.97 and its 200-day moving average price is $93.74. UMB Financial has a twelve month low of $81.57 and a twelve month high of $112.24. The company has a quick ratio of 0.65, a current ratio of 0.65 and a debt-to-equity ratio of 0.10. The stock has a market capitalization of $4.76 billion, a PE ratio of 11.52 and a beta of 0.91.

UMB Financial (NASDAQ:UMBF - Get Rating) last issued its quarterly earnings data on Tuesday, July 26th. The bank reported $2.83 earnings per share for the quarter, topping the consensus estimate of $1.88 by $0.95. UMB Financial had a net margin of 28.98% and a return on equity of 14.34%. During the same period in the previous year, the firm posted $1.80 EPS. Equities research analysts expect that UMB Financial will post 9.44 EPS for the current year.

UMB Financial Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, October 3rd. Shareholders of record on Monday, September 12th will be paid a dividend of $0.37 per share. This represents a $1.48 dividend on an annualized basis and a yield of 1.50%. The ex-dividend date is Friday, September 9th. UMB Financial's payout ratio is 17.31%.

Insiders Place Their Bets

In other UMB Financial news, insider Robert Brian Beaird sold 299 shares of the firm's stock in a transaction that occurred on Tuesday, August 2nd. The shares were sold at an average price of $90.68, for a total transaction of $27,113.32. Following the sale, the insider now owns 5,569 shares in the company, valued at approximately $504,996.92. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 9.77% of the stock is owned by company insiders.