UMB Financial Corp (UMBF)
NASDAQ:UMBF
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Earnings Data
Report Date
Jul 28, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
3.09Last Year’s EPS
2.96Same Quarter Last Year
Strong Buy
Based on 10 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presented multiple strong operating and financial positives: robust loan production and linked-quarter loan growth, margin expansion on a core basis, improved deposit funding costs, significant AUA growth and fee momentum, solid capital build and buyback activity, and continued operating leverage and efficiency gains. The primary cautions were muted quarter-to-quarter deposit growth due to seasonality, a meaningful portion of reported NIM tied to purchase-accounting accretion (a nonrecurring benefit), a modest provision tied to loan balance growth, a slight uptick in near-term expenses driven by seasonal and merit-cycle items, and the need to manage external perceptions around private credit exposure. Overall, the highlights materially outweigh the lowlights, reflecting strong organic growth and disciplined execution, with manageable and disclosed headwinds.Company Guidance
Robust Loan Growth and Production
10.8% linked-quarter annualized loan growth driven by $2.3 billion in gross production; period-end loan balances increased by $1.4 billion, supporting growth momentum and pipeline strength across multiple regions.
Net Interest Margin and Accretion Contribution
Reported NIM of 3.38% for the quarter; core NIM (ex-accretion) of 3.05%, up 9 basis points sequentially. Purchase-accounting accretion contributed ~33 basis points to margin and $51 million of net interest income this quarter; contractual accretion projected at ~$71 million for the remainder of 2026 and ~$79 million for 2027.
Deposit Cost Improvement and Funding Mix
Cost of interest-bearing deposits declined 24 basis points to 2.79%; cost of total deposits down 19 basis points to 2.06%. Average customer funding rose $702 million (1.2% QoQ, 4.8% linked-quarter annualized). Blended beta on total deposits ~70% for the quarter.
Fee Income and Assets Under Administration Growth
Noninterest income of $204.8 million, up $6.4 million or 3.2% QoQ; adjusted fee income approximately $198 million. Assets under administration increased nearly $20 billion QoQ to $565 billion. AUA tied to private credit funds ~$43 billion (7.6% of AUA), up ~5% QoQ; related annual fee income approx. $13 million (1.6% of annualized Q1 fee income).
Capital Build and Share Repurchase Activity
Common Equity Tier 1 ratio improved to 11.16% (up 20 basis points vs. December). Board increased share repurchase authorization and repurchased ~178,000 shares in March; management highlighted accretion and new capital rules as supportive of capital flexibility.
Operating Leverage, Expense Discipline and Efficiency
Operating noninterest expense (ex-one-time costs) $375.4 million, down 4.2% QoQ. Operating efficiency ratio of 47.6% and positive operating leverage of 0.4% on a linked-quarter basis; operating ROTCE improved 155 basis points sequentially. Merger-related costs reduced to $4.4 million.
Geographic and Business Momentum
Strong C&I average balance growth (22% annualized) led by Texas; double-digit quarterly growth in California, St. Louis, Colorado and Utah. Continued momentum in fund services, corporate trust and investment banking, and expansion/brand extension in new markets (e.g., California, Utah).
UMBF Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
UMBF Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 28, 2026 | $125.35 | $124.22 | -0.90% |
Jan 27, 2026 | $124.39 | $124.19 | -0.16% |
Sep 30, 2025 | $117.46 | $117.41 | -0.04% |
Jul 31, 2025 | $108.80 | $107.22 | -1.45% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does UMB Financial Corp (UMBF) report earnings?
UMB Financial Corp (UMBF) is schdueled to report earning on Jul 28, 2026, After Close (Confirmed).
What is UMB Financial Corp (UMBF) earnings time?
UMB Financial Corp (UMBF) earnings time is at Jul 28, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is UMBF EPS forecast?
UMBF EPS forecast for the fiscal quarter 2026 (Q2) is 3.09.