Alert: New Earnings Report (7/30/24)-UMB Financial Corp (NASDAQ: UMBF).

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For its second fiscal quarter (ending June 30), UMB Financial Corp (NASDAQ: UMBF) has reported E.P.S. of $2.08 compared to $1.86 a year ago. E.P.S. were $7.79 for the latest four quarters through June 30 versus $7.66 for the same period a year ago.

Recent Price Action

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On 7/30/24, UMB Financial Corp (NASDAQ: UMBF) stock increased 1.0%, closing at $99.05. Moreover, unusually high trading volume at 199% of normal accompanied the advance. Relative to the market the stock has been strong over the last nine months and has risen 3.5% during the last week.

Current PriceTarget Research Rating

UMBF is expected to continue to be a Value Builder reflecting capital returns that are forecasted to be above the cost of capital.

UMB Financial has a current Value Trend Rating of A (Highest Rating). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. UMB Financial has a good Power Rating of 70 and a good Appreciation Score of 85, triggering the Highest Value Trend Rating.

Rating Review

In light of this new information we are reviewing our current Overall Rating of A. This review will be completed in the next several days.

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