UMB Financial (UMBF) Q4 Earnings and Revenues Top Estimates

Company Performance - UMB Financial (UMBF) reported quarterly earnings of $2.49 per share, exceeding the Zacks Consensus Estimate of $2.30 per share, and up from $2.29 per share a year ago, representing an earnings surprise of 8.26% [1] - The company posted revenues of $440.55 million for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 6.40%, compared to year-ago revenues of $377.45 million [2] - UMB has consistently surpassed consensus EPS estimates over the last four quarters [2] Stock Outlook - UMB shares have increased approximately 7.3% since the beginning of the year, outperforming the S&P 500's gain of 2.2% [3] - The current consensus EPS estimate for the upcoming quarter is $2.02 on revenues of $455.63 million, and for the current fiscal year, it is $9.40 on revenues of $2.35 billion [7] - The estimate revisions trend for UMB is favorable, leading to a Zacks Rank 2 (Buy) for the stock, indicating expected outperformance in the near future [6] Industry Context - The Banks - Midwest industry, to which UMB belongs, is currently in the top 8% of over 250 Zacks industries, suggesting a strong industry outlook [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]