UMB Financial (UMBF) Earnings Expected to Grow: Should You Buy?

Core Viewpoint - Wall Street anticipates a year-over-year increase in earnings for UMB Financial, driven by higher revenues, with a focus on how actual results will compare to estimates [1][2]. Company Summary - UMB Financial is expected to report quarterly earnings of $2.30 per share, reflecting a year-over-year change of +0.4% [3]. - Revenues are projected to be $414.06 million, representing a 9.7% increase from the previous year [3]. - The consensus EPS estimate has been revised 0.37% higher in the last 30 days, indicating a slight positive adjustment by analysts [4]. Earnings Prediction Insights - The Zacks Earnings ESP model suggests that the Most Accurate Estimate for UMB is lower than the consensus estimate, resulting in an Earnings ESP of -2.47%, indicating a bearish outlook [10][11]. - Despite the negative Earnings ESP, UMB holds a Zacks Rank of 2 (Buy), complicating predictions of an earnings beat [11]. Historical Performance - In the last reported quarter, UMB exceeded the expected earnings of $2.16 per share by delivering $2.25, achieving a surprise of +4.17% [12]. - Over the past four quarters, UMB has consistently beaten consensus EPS estimates [13]. Industry Comparison - Associated Banc-Corp, a peer in the Midwest banking industry, is expected to report earnings of $0.55 per share, with a year-over-year change of +3.8% and revenues of $343.34 million, up 6.6% from the previous year [17]. - The consensus EPS estimate for Associated Banc-Corp has been revised 4.4% higher recently, resulting in a positive Earnings ESP of 3.64%, suggesting a likely earnings beat [18].