UMB (UMBF) Reports Q4 Earnings: What Key Metrics Have to Say

Financial Performance - UMB Financial reported $440.55 million in revenue for Q4 2024, a year-over-year increase of 16.7% [1] - The EPS for the same period was $2.49, compared to $2.29 a year ago, reflecting an increase [1] - Revenue exceeded the Zacks Consensus Estimate by 6.40%, which was $414.06 million [1] - EPS also surpassed the consensus estimate of $2.30 by 8.26% [1] Key Metrics - Efficiency Ratio (GAAP) was 61.8%, higher than the four-analyst average estimate of 60.8% [4] - Net interest margin (FTE) was 2.6%, slightly above the 2.5% estimated by four analysts [4] - Net loan charge-offs as a percentage of total average loans were 0.1%, better than the three-analyst average estimate of 0.2% [4] - Average balance of total earning assets was $42.62 billion, exceeding the $41.81 billion estimate by three analysts [4] - Tier 1 risk-based capital ratio was 11.3%, matching the estimate by two analysts [4] - Tier 1 Leverage Ratio was 8.5%, slightly above the 8.4% average estimate [4] - Total Risk-based Capital Ratio was 13.2%, consistent with the estimate by two analysts [4] - Net interest income (FTE) was $275.34 million, surpassing the four-analyst average estimate of $262.91 million [4] - Total noninterest income reached $165.21 million, compared to the $150.91 million average estimate [4] - Bankcard fees were $21.09 million, below the $22.34 million average estimate [4] - Service charges on deposit accounts were $21.41 million, exceeding the $20.13 million average estimate [4] - Trust and securities processing income was $76.86 million, above the $74.69 million estimate [4] Stock Performance - UMB shares returned +7.1% over the past month, outperforming the Zacks S&P 500 composite's +0.8% change [3] - The stock currently holds a Zacks Rank 2 (Buy), indicating potential for outperformance in the near term [3]