UMB Financial (UMBF) came out with quarterly earnings of $2.58 per share, beating the Zacks Consensus Estimate of $2.21 per share. This compares to earnings of $2.47 per share a year ago.
UMB (UMBF) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
UMB Financial Corporation (NASDAQ:UMBF ) Q4 2024 Earnings Conference Call January 29, 2025 9:30 AM ET Company Participants Kay Gregory - Investor Relations Mariner Kemper - President & Chief Executive Officer Ram Shankar - Chief Financial Officer Jim Rine - Chief Executive Officer, UMB Bank Conference Call Participants Jared Shaw - Barclays Brian Wilczynski - Morgan Stanley David Long - Raymond James Ben Gerlinger - Citi Nathan Race - Piper Sandler Chris McGratty - KBW Jon Arfstrom - RBC Timur Braziler - Wells Fargo Operator Good morning. Thank you for attending today's UMB Financial Fourth Quarter 2024 Financial Results Conference Call.
UMBF's fourth-quarter 2024 results benefit from an increase in net interest income and non-interest income. A decline in expenses is another positive.
Although the revenue and EPS for UMB (UMBF) give a sense of how its business performed in the quarter ended December 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
UMB Financial (UMBF) came out with quarterly earnings of $2.49 per share, beating the Zacks Consensus Estimate of $2.30 per share. This compares to earnings of $2.29 per share a year ago.
Looking beyond Wall Street's top -and-bottom-line estimate forecasts for UMB (UMBF), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended December 2024.
UMB (UMBF) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
UMBF rises 36.9% in six months. Let's explore the factors driving this bullish investor sentiment and assess if the stock is worth considering.
UMB Financial Corporation UMBF is gaining from balance-sheet strength on the back of increasing loan and deposit balances. Also, steady capital distributions are backed by a decent liquidity position.
UMB Financial shares gained over 35% in 2024, driven by strong credit quality, deposit growth, and a pending acquisition of Heartland Financial. UMB's smaller size offers a lighter regulatory burden, aiding its community-centric approach and strong loan book, with substantial excess liquidity and robust credit quality. Fixed reinvestment and the Heartland acquisition are expected to boost earnings, with potential EPS over $10.50 in 2025, making shares attractive at 10.8x forward earnings.
UMB (UMBF) reported earnings 30 days ago. What's next for the stock?