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.

UMB Financial Stock Performance

NASDAQ:UMBF opened at $97.47 on Monday. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.65 and a current ratio of 0.65. The firm's 50-day moving average is $88.85 and its 200-day moving average is $93.74. UMB Financial has a 52-week low of $81.57 and a 52-week high of $112.24. The company has a market cap of $4.71 billion, a price-to-earnings ratio of 11.40 and a beta of 0.91.

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

UMB Financial Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, October 3rd. Stockholders of record on Monday, September 12th will be issued a $0.37 dividend. This represents a $1.48 annualized dividend and a dividend yield of 1.52%. The ex-dividend date of this dividend is Friday, September 9th. UMB Financial's dividend payout ratio (DPR) is presently 17.31%.

Analyst Ratings Changes

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

Insider Transactions at UMB Financial

In other news, insider Robert Brian Beaird sold 299 shares of the business's stock in a transaction dated Tuesday, August 2nd. The stock was sold at an average price of $90.68, for a total value of $27,113.32. Following the sale, the insider now directly owns 5,569 shares in the company, valued at $504,996.92. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. 9.77% of the stock is owned by insiders.