Recent Insider Transactions • Jun 18
President & Vice Chairman recently sold €946k worth of stock On the 9th of June, James Rine sold around 8k shares on-market at roughly €115 per share. This transaction amounted to 20% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. James has been a net seller over the last 12 months, reducing personal holdings by €1.3m. Upcoming Dividend • Jun 04
Upcoming dividend of US$0.43 per share Eligible shareholders must have bought the stock before 10 June 2026. Payment date: 01 July 2026. Payout ratio is a comfortable 15% and this is well supported by cash flows. Trailing yield: 1.4%. Lower than top quartile of German dividend payers (4.5%). Lower than average of industry peers (4.6%). Declared Dividend • May 20
First quarter dividend of US$0.43 announced Shareholders will receive a dividend of US$0.43. Ex-date: 10th June 2026 Payment date: 1st July 2026 Dividend yield will be 1.3%, which is lower than the industry average of 4.8%. Sustainability & Growth Dividend is well covered by earnings (15% payout ratio) and is expected to be well covered in 3 years' time (13% forecast payout ratio). The dividend has increased by an average of 6.2% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 34% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Annonce • Apr 29
UMB Financial Corporation Declares Quarterly Dividend on the Company’s Common Stock, Payable on July 1, 2026 UMB Financial Corporation announced that the board of directors has declared the quarterly dividend of $0.43 per share on the company’s common stock (UMBF), payable on July 1, 2026, to shareholders of record as of June 10, 2026. Annonce • Apr 09
UMB Financial Corporation to Report Q1, 2026 Results on Apr 28, 2026 UMB Financial Corporation announced that they will report Q1, 2026 results After-Market on Apr 28, 2026 Annonce • Mar 14
UMB Financial Corporation, Annual General Meeting, Apr 28, 2026 UMB Financial Corporation, Annual General Meeting, Apr 28, 2026. Annonce • Jan 08
UMB Financial Corporation to Report Q4, 2025 Results on Jan 27, 2026 UMB Financial Corporation announced that they will report Q4, 2025 results After-Market on Jan 27, 2026 Annonce • Oct 08
UMB Financial Corporation to Report Q3, 2025 Results on Oct 28, 2025 UMB Financial Corporation announced that they will report Q3, 2025 results After-Market on Oct 28, 2025 Annonce • Jul 09
UMB Financial Corporation to Report Q2, 2025 Results on Jul 29, 2025 UMB Financial Corporation announced that they will report Q2, 2025 results After-Market on Jul 29, 2025 Annonce • Apr 09
UMB Financial Corporation to Report Q1, 2025 Results on Apr 29, 2025 UMB Financial Corporation announced that they will report Q1, 2025 results After-Market on Apr 29, 2025 Annonce • Mar 17
UMB Financial Corporation, Annual General Meeting, Apr 29, 2025 UMB Financial Corporation, Annual General Meeting, Apr 29, 2025. Annonce • Feb 01
UMB Financial Corporation Announces Board Appointments UMB Financial Corporation announced that it will close the acquisition of Heartland Financial USA Inc. effective January 31, 2025. As a result of this successful completion, five HTLF board members now join the UMB Financial Corporation Board of Directors: John Schmidt, Bradley (Brad) Henderson, Jennifer (Jenny) Hopkins, Margaret Lazo and Susan Murphy. With these additions, the UMBF Board grows to 16 board members. Annonce • Jan 29
UMB Financial Corporation Declares Quarterly Dividend, Payable on April 1, 2025 On January 28, 2025, UMB Financial Corporation announced that the Board of Directors of the Company had declared a quarterly dividend of $0.40 per share that is payable on April 1, 2025 to stockholders of record of the Company's common stock as of the close of business on March 10, 2025. Valuation Update With 7 Day Price Move • Nov 07
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to €116, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 8x in the Banks industry in Europe. Total returns to shareholders of 33% over the past three years. Recent Insider Transactions • Nov 06
Chairman & CEO recently sold €2.4m worth of stock On the 1st of November, J. Kemper sold around 24k shares on-market at roughly €100 per share. This transaction amounted to 1.3% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. J. has been a net seller over the last 12 months, reducing personal holdings by €19m. Declared Dividend • Nov 04
Third quarter dividend of US$0.40 announced Shareholders will receive a dividend of US$0.40. Ex-date: 10th December 2024 Payment date: 2nd January 2025 Dividend yield will be 1.5%, which is lower than the industry average of 4.8%. Sustainability & Growth Dividend is well covered by earnings (19% payout ratio) and is expected to be well covered in 3 years' time (15% forecast payout ratio). The dividend has increased by an average of 5.9% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 25% over the next 2 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Oct 30
Third quarter 2024 earnings released: EPS: US$2.25 (vs US$1.99 in 3Q 2023) Third quarter 2024 results: EPS: US$2.25 (up from US$1.99 in 3Q 2023). Revenue: US$388.1m (up 11% from 3Q 2023). Net income: US$109.6m (up 14% from 3Q 2023). Profit margin: 28% (in line with 3Q 2023). Revenue is forecast to grow 27% p.a. on average during the next 3 years, compared to a 3.0% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings. Annonce • Oct 09
UMB Financial Corporation to Report Q3, 2024 Results on Oct 29, 2024 UMB Financial Corporation announced that they will report Q3, 2024 results After-Market on Oct 29, 2024 Recent Insider Transactions • Oct 04
Chairman & CEO recently sold €2.2m worth of stock On the 1st of October, J. Kemper sold around 24k shares on-market at roughly €91.98 per share. This transaction amounted to 1.3% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth €2.3m. J. has been a net seller over the last 12 months, reducing personal holdings by €16m. Recent Insider Transactions • Sep 06
Chairman & CEO recently sold €2.3m worth of stock On the 3rd of September, J. Kemper sold around 24k shares on-market at roughly €93.31 per share. This transaction amounted to 1.3% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. J. has been a net seller over the last 12 months, reducing personal holdings by €14m. Upcoming Dividend • Sep 05
Upcoming dividend of US$0.39 per share Eligible shareholders must have bought the stock before 10 September 2024. Payment date: 01 October 2024. Payout ratio is a comfortable 20% and this is well supported by cash flows. Trailing yield: 1.5%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (6.5%). Recent Insider Transactions • Aug 28
President & Vice Chairman recently sold €657k worth of stock On the 23rd of August, James Rine sold around 7k shares on-market at roughly €89.79 per share. This transaction amounted to 17% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth €2.0m. James has been a net seller over the last 12 months, reducing personal holdings by €850k. Recent Insider Transactions • Aug 07
Chairman & CEO recently sold €2.0m worth of stock On the 2nd of August, J. Kemper sold around 24k shares on-market at roughly €86.87 per share. This transaction amounted to 1.2% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. J. has been a net seller over the last 12 months, reducing personal holdings by €15m. Declared Dividend • Aug 05
Second quarter dividend of US$0.39 announced Shareholders will receive a dividend of US$0.39. Ex-date: 10th September 2024 Payment date: 1st October 2024 Dividend yield will be 1.7%, which is lower than the industry average of 4.8%. Sustainability & Growth Dividend is well covered by earnings (20% payout ratio) and is expected to be well covered in 3 years' time (17% forecast payout ratio). The dividend has increased by an average of 5.7% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 6.2% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Jul 31
Second quarter 2024 earnings released: EPS: US$2.08 (vs US$1.86 in 2Q 2023) Second quarter 2024 results: EPS: US$2.08 (up from US$1.86 in 2Q 2023). Revenue: US$376.0m (up 7.2% from 2Q 2023). Net income: US$101.3m (up 13% from 2Q 2023). Profit margin: 27% (up from 26% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 26% p.a. on average during the next 3 years, compared to a 3.2% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. Annonce • Jul 11
UMB Financial Corporation to Report Q2, 2024 Results on Jul 30, 2024 UMB Financial Corporation announced that they will report Q2, 2024 results After-Market on Jul 30, 2024 Recent Insider Transactions • Jul 05
Chairman & CEO recently sold €1.2m worth of stock On the 1st of July, J. Kemper sold around 16k shares on-market at roughly €77.55 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. J. has been a net seller over the last 12 months, reducing personal holdings by €11m. Recent Insider Transactions • Jun 09
Chairman & CEO recently sold €1.1m worth of stock On the 3rd of June, J. Kemper sold around 15k shares on-market at roughly €74.50 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth €1.9m. J. has been a net seller over the last 12 months, reducing personal holdings by €10m. Upcoming Dividend • Jun 03
Upcoming dividend of US$0.39 per share Eligible shareholders must have bought the stock before 10 June 2024. Payment date: 01 July 2024. Payout ratio is a comfortable 20% and this is well supported by cash flows. Trailing yield: 1.9%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (6.3%). Recent Insider Transactions • May 17
Chairman & CEO recently sold €588k worth of stock On the 14th of May, J. Kemper sold around 8k shares on-market at roughly €77.32 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth €1.9m. J. has been a net seller over the last 12 months, reducing personal holdings by €9.0m. Declared Dividend • May 06
First quarter dividend of US$0.39 announced Shareholders will receive a dividend of US$0.39. Ex-date: 10th June 2024 Payment date: 1st July 2024 Dividend yield will be 1.9%, which is lower than the industry average of 4.8%. Sustainability & Growth Dividend is well covered by earnings (20% payout ratio) and is expected to be well covered in 3 years' time (17% forecast payout ratio). The dividend has increased by an average of 6.1% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 11% over the next 3 years, which should provide support to the dividend and adequate earnings cover. New Risk • May 01
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 6.3% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Shareholders have been diluted in the past year (6.3% increase in shares outstanding). Significant insider selling over the past 3 months (€4.9m sold). Annonce • Apr 28
UMB Financial Reportedly in Talks to Acquire Heartland Financial USA UMB Financial Corporation (NasdaqGS:UMBF) is in talks to acquire rival Heartland Financial USA, Inc. (NasdaqGS:HTLF), people with knowledge of the matter said, in what would be the biggest US regional bank merger this year. A deal could be announced within weeks, according to the people, who asked not to be identified discussing confidential information. Deliberations are ongoing and talks could still be delayed or falter, they said. A spokesperson for UMB said the company doesn’t comment on ‘market speculation.’ A representative for Heartland Financial didn’t immediately respond to requests for comment. Annonce • Apr 19
UMB Financial Corporation to Report Q1, 2024 Results on Apr 30, 2024 UMB Financial Corporation announced that they will report Q1, 2024 results After-Market on Apr 30, 2024 Annonce • Apr 11
UMB Financial Corporation Has Announces the Promotion of Liz Lewis as President of Consumer Banking UMB Financial Corporation has announced the promotion of Liz Lewis as president of consumer banking. She is to assume the role in addition to her current role as chief marketing officer. She has more than 20 years of experience in financial services. In the position, Lewis will also be responsible for the consumer banking division, which includes retail banking, private banking and mortgage banking operations. Recent Insider Transactions • Apr 03
Chairman & CEO recently sold €532k worth of stock On the 28th of March, J. Kemper sold around 7k shares on-market at roughly €79.86 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth €1.8m. J. has been a net seller over the last 12 months, reducing personal holdings by €6.5m. Recent Insider Transactions • Mar 14
Chairman & CEO recently sold €1.8m worth of stock On the 12th of March, J. Kemper sold around 24k shares on-market at roughly €74.11 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. J. has been a net seller over the last 12 months, reducing personal holdings by €5.9m. Annonce • Mar 14
UMB Financial Corporation, Annual General Meeting, Apr 30, 2024 UMB Financial Corporation, Annual General Meeting, Apr 30, 2024, at 09:00 Central Standard Time. Agenda: To consider the election of 11 directors for terms ending at the 2025 annual meeting of shareholders; to consider an advisory vote (non-binding) on the compensation paid to the company's Named Executive Officers; to consider the ratification of the Corporate Audit Committee’s engagement of KPMG LLP as the company's independent registered public accounting firm for 2024; to consider the approval of an amendment to the UMB Financial Corporation Omnibus Incentive Compensation Plan to increase the maximum number of shares available for issuance thereunder; and to consider any other business that may be properly considered at the meeting or any adjournment or postponement of the meeting. Upcoming Dividend • Mar 01
Upcoming dividend of US$0.39 per share Eligible shareholders must have bought the stock before 08 March 2024. Payment date: 01 April 2024. Payout ratio is a comfortable 21% and this is well supported by cash flows. Trailing yield: 1.9%. Lower than top quartile of German dividend payers (5.2%). Lower than average of industry peers (5.6%). Reported Earnings • Feb 25
Full year 2023 earnings released: EPS: US$7.22 (vs US$8.93 in FY 2022) Full year 2023 results: EPS: US$7.22 (down from US$8.93 in FY 2022). Revenue: US$1.42b (flat on FY 2022). Net income: US$350.0m (down 19% from FY 2022). Profit margin: 25% (down from 30% in FY 2022). Net interest margin (NIM): 2.52% (down from 2.63% in FY 2022). Revenue is forecast to grow 5.6% p.a. on average during the next 2 years, compared to a 3.0% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has increased by 2% per year and the company’s share price has also increased by 2% per year. Annonce • Feb 06
UMB Financial Corporation Promotes James D. Rine to President On February 5, 2024, UMB Financial Corporation announced that James D. Rine, age 53, has been promoted to President of the Company, effective as of January 29, 2024. The title was previously held by Mr. J. Mariner Kemper, who maintains his positions as the Company’s Chief Executive Officer and Chairman. Mr. Rine has been Vice Chairman of the Company since November 2020 and President and Chief Executive Officer of UMB Bank, n.a., a wholly owned national banking association, since October of 2018. He retains these roles. Declared Dividend • Feb 05
Fourth quarter dividend of US$0.39 announced Shareholders will receive a dividend of US$0.39. Ex-date: 8th March 2024 Payment date: 1st April 2024 Dividend yield will be 1.9%, which is lower than the industry average of 4.8%. Sustainability & Growth Dividend is well covered by earnings (21% payout ratio) and is expected to be well covered in 3 years' time (21% forecast payout ratio). The dividend has increased by an average of 6.1% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 6.4% over the next 2 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Jan 31
Full year 2023 earnings released: EPS: US$7.22 (vs US$8.93 in FY 2022) Full year 2023 results: EPS: US$7.22 (down from US$8.93 in FY 2022). Revenue: US$1.42b (flat on FY 2022). Net income: US$350.0m (down 19% from FY 2022). Profit margin: 25% (down from 30% in FY 2022). Revenue is forecast to grow 4.6% p.a. on average during the next 2 years, compared to a 2.1% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 8% per year, which means it is tracking significantly ahead of earnings growth. Annonce • Jan 05
UMB Financial Corporation to Report Q4, 2023 Results on Jan 30, 2024 UMB Financial Corporation announced that they will report Q4, 2023 results After-Market on Jan 30, 2024 Recent Insider Transactions • Dec 07
Chairman recently sold €562k worth of stock On the 4th of December, J. Kemper sold around 8k shares on-market at roughly €69.60 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. J. has been a net seller over the last 12 months, reducing personal holdings by €7.9m. Upcoming Dividend • Dec 01
Upcoming dividend of US$0.39 per share at 2.2% yield Eligible shareholders must have bought the stock before 08 December 2023. Payment date: 02 January 2024. Payout ratio is a comfortable 19% and this is well supported by cash flows. Trailing yield: 2.2%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (6.4%). Annonce • Oct 25
UMB Financial Corporation Declares Quarterly Dividend, Payable on January 2, 2024 On October 24, 2023, UMB Financial Corporation announced that the Board of Directors of the Company had declared a quarterly dividend of $0.39 per share that is payable on January 2, 2024 to shareholders of record of the Company as of the close of business on December 11, 2023. Reported Earnings • Oct 25
Third quarter 2023 earnings released: EPS: US$1.99 (vs US$1.82 in 3Q 2022) Third quarter 2023 results: EPS: US$1.99 (up from US$1.82 in 3Q 2022). Revenue: US$350.6m (up 3.1% from 3Q 2022). Net income: US$96.6m (up 9.7% from 3Q 2022). Profit margin: 28% (up from 26% in 3Q 2022). Revenue is forecast to grow 5.2% p.a. on average during the next 3 years, compared to a 3.6% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has increased by 10% per year whereas the company’s share price has increased by 5% per year. Annonce • Oct 05
UMB Financial Corporation to Report Q3, 2023 Results on Oct 24, 2023 UMB Financial Corporation announced that they will report Q3, 2023 results After-Market on Oct 24, 2023 Upcoming Dividend • Sep 01
Upcoming dividend of US$0.38 per share at 2.4% yield Eligible shareholders must have bought the stock before 08 September 2023. Payment date: 02 October 2023. Payout ratio is a comfortable 20% and this is well supported by cash flows. Trailing yield: 2.4%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (6.2%). Recent Insider Transactions • Aug 30
Chairman recently sold €590k worth of stock On the 25th of August, J. Kemper sold around 10k shares on-market at roughly €58.98 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. J. has been a net seller over the last 12 months, reducing personal holdings by €5.2m. Annonce • Aug 24
Director Alexander C. Kemper Resigns from the Board of Directors' UMB Financial Corporation On August 18, 2023, Director Alexander C. Kemper provided notice to UMB Financial Corporation that he is resigning from the Company’s board of directors, effective immediately. Mr. Kemper indicated that his decision to resign is not tied to any disagreement with the Company, or management of the Company . Annonce • Jul 26
UMB Financial Corporation Declares a Quarterly Dividend, Payable on October 2, 2023 On July 25, 2023, UMB Financial Corporation announced that the Board of Directors of the Company declared a quarterly dividend of $0.38 per share that is payable on October 2, 2023 to shareholders of record of the Company as of the close of business on September 11, 2023. Reported Earnings • Jul 26
Second quarter 2023 earnings released: EPS: US$1.86 (vs US$2.85 in 2Q 2022) Second quarter 2023 results: EPS: US$1.86 (down from US$2.85 in 2Q 2022). Revenue: US$350.7m (down 9.6% from 2Q 2022). Net income: US$90.1m (down 35% from 2Q 2022). Profit margin: 26% (down from 36% in 2Q 2022). The decrease in margin was primarily driven by lower revenue. Revenue is forecast to grow 5.5% p.a. on average during the next 2 years, compared to a 4.4% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has increased by 17% per year whereas the company’s share price has increased by 13% per year. Annonce • Jul 22
UMB Financial Corporation Announces Appointment of Phil Mason as President UMB Financial Corporation has announced the appointment of a president to its institutional banking division. The firm has announced the appointment of Phil Mason to the position. In the position, Mason is to oversee activities for the firm across corporate trust and agency services. Mason has served UMB since 2005. Annonce • Jul 07
UMB Financial Corporation to Report Q2, 2023 Results on Jul 25, 2023 UMB Financial Corporation announced that they will report Q2, 2023 results After-Market on Jul 25, 2023 Valuation Update With 7 Day Price Move • Jun 07
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to €60.50, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 7x in the Banks industry in Europe. Total returns to shareholders of 22% over the past three years. Upcoming Dividend • Jun 02
Upcoming dividend of US$0.38 per share at 2.6% yield Eligible shareholders must have bought the stock before 09 June 2023. Payment date: 03 July 2023. Payout ratio is a comfortable 17% and this is well supported by cash flows. Trailing yield: 2.6%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (6.4%). Annonce • May 27
UMB Financial Corporation (NasdaqGS:UMBF) agreed to acquire Hybarger & Associates. UMB Financial Corporation (NasdaqGS:UMBF) agreed to acquire Hybarger & Associates on May 25, 2023. The acquisition is expected to close in the second quarter of 2023. Recent Insider Transactions • May 04
Independent Director recently bought €95k worth of stock On the 1st of May, Gordon Lansford bought around 2k shares on-market at roughly €55.72 per share. This transaction amounted to 38% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth €203k. Despite this recent purchase, insiders have collectively sold €8.9m more in shares than they bought in the last 12 months. Reported Earnings • Apr 26
First quarter 2023 earnings released: EPS: US$1.91 (vs US$2.19 in 1Q 2022) First quarter 2023 results: EPS: US$1.91 (down from US$2.19 in 1Q 2022). Revenue: US$348.6m (up 2.4% from 1Q 2022). Net income: US$92.4m (down 13% from 1Q 2022). Profit margin: 27% (down from 31% in 1Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.7% p.a. on average during the next 2 years, compared to a 5.2% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Recent Insider Transactions • Mar 14
Independent Director recently bought €203k worth of stock On the 13th of March, Timothy Murphy bought around 3k shares on-market at roughly €59.72 per share. This transaction amounted to 17% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold €9.8m more in shares than they bought in the last 12 months. Valuation Update With 7 Day Price Move • Mar 11
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to €70.50, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 8x in the Banks industry in Europe. Total returns to shareholders of 73% over the past three years. Upcoming Dividend • Mar 02
Upcoming dividend of US$0.38 per share at 1.7% yield Eligible shareholders must have bought the stock before 09 March 2023. Payment date: 03 April 2023. Payout ratio is a comfortable 17% and this is well supported by cash flows. Trailing yield: 1.7%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (5.3%). Reported Earnings • Mar 01
Full year 2022 earnings released: EPS: US$8.93 (vs US$7.31 in FY 2021) Full year 2022 results: EPS: US$8.93 (up from US$7.31 in FY 2021). Revenue: US$1.43b (up 13% from FY 2021). Net income: US$431.7m (up 22% from FY 2021). Profit margin: 30% (up from 28% in FY 2021). The increase in margin was driven by higher revenue. Net interest margin (NIM): 2.63% (up from 2.50% in FY 2021). Non-performing loans: 0.09% (down from 0.54% in FY 2021). Revenue is forecast to grow 6.3% p.a. on average during the next 2 years, compared to a 6.6% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth. Recent Insider Transactions • Feb 02
Chairman recently sold €577k worth of stock On the 27th of January, J. Kemper sold around 7k shares on-market at roughly €80.70 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. J. has been a net seller over the last 12 months, reducing personal holdings by €6.2m. Annonce • Jan 25
UMB Financial Corporation Declares Quarterly Dividend, Payable on April 3, 2023 On January 24, 2023, UMB Financial Corporation announced that the Board of Directors of the Company had declared a quarterly dividend of $0.38 per share that is payable on April 3, 2023 to shareholders of record of the Company as of the close of business on March 10, 2023. Reported Earnings • Jan 25
Full year 2022 earnings released: EPS: US$8.93 (vs US$7.31 in FY 2021) Full year 2022 results: EPS: US$8.93 (up from US$7.31 in FY 2021). Revenue: US$1.43b (up 13% from FY 2021). Net income: US$431.7m (up 22% from FY 2021). Profit margin: 30% (up from 28% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.0% p.a. on average during the next 2 years, compared to a 5.2% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Annonce • Jan 05
UMB Financial Corporation to Report Q4, 2022 Results on Jan 24, 2023 UMB Financial Corporation announced that they will report Q4, 2022 results After-Market on Jan 24, 2023 Recent Insider Transactions • Dec 04
Chairman recently sold €188k worth of stock On the 30th of November, J. Kemper sold around 2k shares on-market at roughly €79.53 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth €415k. J. has been a net seller over the last 12 months, reducing personal holdings by €7.1m. Upcoming Dividend • Dec 02
Upcoming dividend of US$0.38 per share Eligible shareholders must have bought the stock before 09 December 2022. Payment date: 03 January 2023. Payout ratio is a comfortable 17% and this is well supported by cash flows. Trailing yield: 1.8%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (6.3%). Recent Insider Transactions • Nov 16
Insider recently sold €75k worth of stock On the 10th of November, Nikki Newton sold around 893 shares on-market at roughly €84.43 per share. This transaction amounted to 12% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth €4.0m. Insiders have been net sellers, collectively disposing of €7.5m more than they bought in the last 12 months. Board Change • Nov 16
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. 6 highly experienced directors. Independent Director Tammy Peterman was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Recent Insider Transactions • Nov 09
Chairman recently sold €415k worth of stock On the 4th of November, J. Kemper sold around 5k shares on-market at roughly €82.61 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth €4.0m. J. has been a net seller over the last 12 months, reducing personal holdings by €7.3m. Recent Insider Transactions • Nov 04
Independent Director recently bought €119k worth of stock On the 28th of October, Timothy Murphy bought around 2k shares on-market at roughly €79.09 per share. This transaction amounted to 8.4% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold €7.1m more in shares than they bought in the last 12 months. Recent Insider Transactions • Nov 02
Independent Director recently sold €119k worth of stock On the 28th of October, Timothy Murphy sold around 2k shares on-market at roughly €79.09 per share. This transaction amounted to 8.4% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth €4.0m. Insiders have been net sellers, collectively disposing of €7.4m more than they bought in the last 12 months. Reported Earnings • Oct 27
Third quarter 2022 earnings released: EPS: US$1.82 (vs US$1.96 in 3Q 2021) Third quarter 2022 results: EPS: US$1.82 (down from US$1.96 in 3Q 2021). Revenue: US$340.2m (up 5.4% from 3Q 2021). Net income: US$88.0m (down 6.9% from 3Q 2021). Profit margin: 26% (down from 29% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.8% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. Annonce • Oct 27
UMB Financial Corporation Reports Net Charge-Offs for the Third Quarter Ended September 30, 2022 UMB Financial Corporation reported Net charge-offs for the third quarter ended September 30, 2022. For the quarter, the company's net charge-offs - total loans was $1,173,000 against $3,127,000 a year ago. 
