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The latest update is out from UMB Financial ( (UMBF) ).
On January 28, 2025, UMB Financial Corporation announced a quarterly dividend of $0.40 per share, payable on April 1, 2025. Additionally, the company reported robust financial results for the fourth quarter of 2024, with net income reaching $120.0 million and net operating income at $122.6 million. This reflects significant growth compared to the previous year, driven by increases in average loans and deposits, strong credit quality, and effective expense management. UMB Financial also highlighted its upcoming merger with Heartland Financial, set to close on January 31, 2025, which is expected to enhance its market position further.
More about UMB Financial
UMB Financial Corporation is a financial services company that focuses on providing a broad range of banking and financial services. It is known for its operations in areas such as net interest income, noninterest income, and maintaining strong credit quality metrics.
YTD Price Performance: 8.34%
Average Trading Volume: 431,998
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $5.91B
For a thorough assessment of UMBF stock, go to TipRanks’ Stock Analysis page.
