UMB Financial reports Q2 EPS $2.82, consensus $2.37

Reports Q2 revenue $689.2M, consensus $635.86M. Efficiency ratio improved to 53.4% as compared to 63.4% in the second quarter of 2024. Net interest margin on a fully taxable equivalent basis of 3.10%, up 14 basis points from the linked quarter. “Our strong second quarter financial results were once again facilitated by strong growth on both sides of our balance sheet, outsized fee income gains, improved asset quality metrics and improved operating leverage,” said Mariner Kemper, UMB Financial (UMBF) Corporation chairman and chief executive officer.