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

Posted by Shane Hupp on Apr 29th, 2026

UMB Financial (NASDAQ:UMBF – Get Free Report) issued 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%. The firm had revenue of $739.16 million during the quarter, compared to analysts’ expectations of $701.89 million. During the same period last year, the firm posted $2.58 earnings per share. The firm’s revenue for the quarter was up 31.1% compared to the same quarter last year.

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 2.2%

Shares of NASDAQ:UMBF traded up $2.71 during trading on Wednesday, reaching $128.06. 320,630 shares of the company traded hands, compared to its average volume of 559,471. The firm has a fifty day simple moving average of $117.27 and a 200 day simple moving average of $117.26. The firm has a market cap of $9.75 billion, a P/E ratio of 14.03, a price-to-earnings-growth ratio of 1.01 and a beta of 0.75. UMB Financial has a 1-year low of $90.96 and a 1-year high of $136.11. The company has a quick ratio of 0.75, a current ratio of 0.75 and a debt-to-equity ratio of 0.06.

UMB Financial Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, July 1st. Shareholders of record on Wednesday, June 10th will be paid a dividend of $0.43 per share. The ex-dividend date of this dividend is Wednesday, June 10th. This represents a $1.72 dividend on an annualized basis and a dividend yield of 1.3%. UMB Financial’s dividend payout ratio (DPR) is 18.84%.

Key Headlines Impacting UMB Financial

Here are the key news stories impacting UMB Financial this week:

Positive Sentiment: Q1 results materially beat expectations — EPS $3.41 vs. consensus $2.82 and revenue $739.2M vs. $701.9M, with revenue up ~31% year-over-year and net income of $255.6M; margin and ROE improved, supporting the upside surprise. UMB Financial Reports First Quarter 2026 Results
Positive Sentiment: Board authorized shareholder-friendly actions: a quarterly common dividend of $0.43 (ex-dividend June 10, payable July 1; ~1.4% yield) and a new share-repurchase authorization — both support EPS accretion and signal management confidence. Dividend and Repurchase Authorization
Positive Sentiment: Analyst/press reaction highlights momentum — multiple outlets (Zacks, TipRanks, Seeking Alpha, Yahoo/MSN) flagged the earnings beat, revenue growth and efficiency gains as supportive of the stock’s re-rating. UMB Financial: Momentum Accelerates In A Strong Q1
Neutral Sentiment: Management commentary and the shareholder/analyst call transcript provide detail on drivers (loan growth, fee income, margin improvement) and capital deployment plans; useful for parsing sustainability but not a new catalyst by itself. Shareholder/Analyst Call Prepared Remarks Transcript
Neutral Sentiment: Valuation-focused writeups are evaluating whether margin gains and efficiency initiatives justify a higher multiple — this frames longer-term upside but is not immediate newsflow. UMB Financial Reports Bullish Q1 CY2026

Insider Buying and Selling at UMB Financial

In related news, Director Greg M. Graves bought 220 shares of the firm’s stock in a transaction on Monday, February 2nd. The stock was bought at an average price of $127.83 per share, with a total value of $28,122.60. Following the purchase, the director directly owned 39,541 shares of the company’s stock, valued at approximately $5,054,526.03. This represents a 0.56% increase in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, Director Kevin Charles Gallagher sold 388 shares of UMB Financial stock in a transaction on Tuesday, February 3rd. The shares were sold at an average price of $129.30, for a total transaction of $50,168.40. Following the sale, the director directly owned 12,488 shares of the company’s stock, valued at $1,614,698.40. This trade represents a 3.01% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 19,102 shares of company stock valued at $2,458,247 in the last quarter. Company insiders own 5.33% of the company’s stock.

Institutional Investors Weigh In On UMB Financial

A number of institutional investors have recently modified their holdings of UMBF. Alliancebernstein L.P. boosted its stake in shares of UMB Financial by 636.7% during the 2nd quarter. Alliancebernstein L.P. now owns 1,488,618 shares of the bank’s stock valued at $156,543,000 after buying an additional 1,286,543 shares during the period. Wellington Management Group LLP raised its holdings in shares of UMB Financial by 32.0% during the 3rd quarter. Wellington Management Group LLP now owns 3,098,798 shares of the bank’s stock valued at $366,743,000 after purchasing an additional 751,525 shares in the last quarter. UMB Bank n.a. raised its holdings in shares of UMB Financial by 11.4% during the 4th quarter. UMB Bank n.a. now owns 4,809,824 shares of the bank’s stock valued at $553,322,000 after purchasing an additional 493,875 shares in the last quarter. Balyasny Asset Management L.P. raised its holdings in shares of UMB Financial by 1,148.3% during the 4th quarter. Balyasny Asset Management L.P. now owns 422,065 shares of the bank’s stock valued at $48,554,000 after purchasing an additional 388,253 shares in the last quarter. Finally, Johnson Investment Counsel Inc. raised its holdings in shares of UMB Financial by 1,560.9% during the 4th quarter. Johnson Investment Counsel Inc. now owns 362,118 shares of the bank’s stock valued at $41,658,000 after purchasing an additional 340,316 shares in the last quarter. Institutional investors and hedge funds own 87.78% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts recently commented on the stock. Morgan Stanley decreased their price objective on shares of UMB Financial from $156.00 to $143.00 and set an “overweight” rating for the company in a research note on Tuesday, March 31st. Truist Financial decreased their price objective on shares of UMB Financial from $150.00 to $130.00 and set a “buy” rating for the company in a research note on Monday, March 23rd. Royal Bank Of Canada set a $134.00 price objective on shares of UMB Financial and gave the stock an “outperform” rating in a research note on Monday, January 12th. Barclays reaffirmed an “overweight” rating and issued a $160.00 price objective on shares of UMB Financial in a research note on Thursday, January 29th. Finally, Piper Sandler raised their price objective on shares of UMB Financial from $145.00 to $152.00 and gave the stock an “overweight” rating in a research note on Thursday, January 29th. One investment analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $141.50.

View Our Latest Stock Report on UMBF

About UMB Financial

(Get Free Report)

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.