UMB Financial Set to Announce Q4 Earnings on January 27
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1h ago
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Source: seekingalpha
- Earnings Announcement Preview: UMB Financial is set to release its Q4 earnings on January 27, with consensus EPS estimates at $2.70, reflecting an 8.4% year-over-year increase, and revenue expected at $677.77 million, up 56.1%, indicating strong growth potential for the company.
- Historical Performance: Over the past two years, UMB Financial has exceeded EPS and revenue estimates 88% of the time, demonstrating its stability in managing market expectations and delivering results, which boosts investor confidence.
- Estimate Revision Dynamics: In the last three months, EPS estimates have seen 9 upward revisions and 3 downward adjustments, while revenue estimates have experienced 6 upward and 3 downward revisions, reflecting analysts' optimistic outlook on the company's future performance.
- Cost Synergies: UMB Financial has $30 million in remaining cost synergies to realize as it integrates Heartland, which is expected to further stabilize net interest margins and enhance the company's profitability and competitive position in the market.
Analyst Views on UMBF
Wall Street analysts forecast UMBF stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for UMBF is 141.86 USD with a low forecast of 130.00 USD and a high forecast of 155.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
9 Analyst Rating
8 Buy
1 Hold
0 Sell
Strong Buy
Current: 123.160
Low
130.00
Averages
141.86
High
155.00
Current: 123.160
Low
130.00
Averages
141.86
High
155.00
About UMBF
UMB Financial Corporation is a financial services company. Its segments include Commercial Banking, Institutional Banking, and Personal Banking. It offers commercial banking, which includes comprehensive deposit, lending, investment and retirement plan services; personal banking, which includes comprehensive deposit, lending, wealth management and financial planning services; and institutional banking, which includes asset servicing, corporate trust solutions, investment banking and healthcare services. Commercial Banking serves the commercial banking and treasury management needs of its small to middle-market businesses through a variety of products and services. Institutional Banking is a combination of banking services, fund services, asset management services, and healthcare services provided to institutional clients. Personal Banking products include deposit accounts, retail credit cards, private banking, installment loans, home equity lines of credit, and residential mortgages.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
