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UMB Financial

DB:UMB
Snowflake Description

Flawless balance sheet average dividend payer.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
UMB
DB
$3B
Market Cap
  1. Home
  2. DE
  3. Banks
Company description

UMB Financial Corporation operates as the bank holding company for the UMB Bank that provides various banking and other financial services. The last earnings update was 47 days ago. More info.


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UMB Share Price and Events
7 Day Returns
1%
DB:UMB
-2.8%
DE Banks
0.2%
DE Market
1 Year Returns
-16.5%
DB:UMB
-29.1%
DE Banks
-10.9%
DE Market
UMB Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
UMB Financial (UMB) 1% -6.4% -1.9% -16.5% 15.5% 24.1%
DE Banks -2.8% -16% -14.3% -29.1% 1% -42.4%
DE Market 0.2% -2.5% -2% -10.9% 8.9% 6.3%
1 Year Return vs Industry and Market
  • UMB outperformed the Banks industry which returned -29.1% over the past year.
  • UMB underperformed the Market in Germany which returned -10.9% over the past year.
Price Volatility
UMB
Industry
5yr Volatility vs Market

UMB Value

 Is UMB Financial undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of UMB Financial to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for UMB Financial.

DB:UMB Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model Excess Returns Model
Stable EPS Weighted future Return on Equity estimates from 7 analysts.
= Stable Book Value * Return on Equity
= $52.04 * 9.8%
$5.08
Book Value of Equity per Share Weighted future Book Value estimates from 6 analysts. $52.04
Discount Rate (Cost of Equity) See below 5.6%
Perpetual Growth Rate 10-Year DE Government Bond Rate 0.2%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for DB:UMB
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate 0.2%
Equity Risk Premium S&P Global 6%
Banks Unlevered Beta Simply Wall St/ S&P Global 0.59
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.593 (1 + (1- 21%) (53.76%))
0.896
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.9
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.23% + (0.896 * 5.96%)
5.57%

Discounted Cash Flow Calculation for DB:UMB using Excess Returns Model Model

The calculations below outline how an intrinsic value for UMB Financial is arrived at using the Excess Return Model. This approach is used for finance firms where free cash flow is difficult to estimate.

In the Excess Return Model the value of a firm can be written as the sum of capital invested currently in the firm and the present value of excess returns that the firm expects to make in the future.

The model is sensitive to the Return on Equity of the company versus the Cost of Equity, how these are calculated is detailed below the main calculation.

Note the calculations below are per share.

See our documentation to learn about this calculation.

DB:UMB Value of Excess Returns
Calculation Result
Excess Returns = (Stable Return on equity – Cost of equity) (Book Value of Equity per share)
= (9.8% – 5.57%) * $52.04)
$2.19
Terminal Value of Excess Returns = Excess Returns / (Cost of Equity - Expected Growth Rate)
= $2.19 / (5.57% - 0.23%)
$40.95
Value of Equity = Book Value per share + Terminal Value of Excess Returns
= $52.04 + $40.95
$92.99
DB:UMB Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:UMB represents 0.90203x of NasdaqGS:UMBF
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.90203x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (USD) x Listing Adjustment Factor
= $ 92.99 x 0.90203
€83.88
Value per share (EUR) From above. €83.88
Current discount Discount to share price of €56.44
= -1 x (€56.44 - €83.88) / €83.88
32.7%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price UMB Financial is available for.
Intrinsic value
33%
Share price is €56.44 vs Future cash flow value of €83.88
Current Discount Checks
For UMB Financial to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • UMB Financial's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • UMB Financial's share price is below the future cash flow value, but not at a substantial discount (< 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for UMB Financial's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are UMB Financial's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:UMB PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in USD $4.00
NasdaqGS:UMBF Share Price ** NasdaqGS (2019-06-18) in USD $62.57
Germany Banks Industry PE Ratio Median Figure of 6 Publicly-Listed Banks Companies 15.03x
Germany Market PE Ratio Median Figure of 424 Publicly-Listed Companies 19.63x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of UMB Financial.

DB:UMB PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NasdaqGS:UMBF Share Price ÷ EPS (both in USD)

= 62.57 ÷ 4.00

15.66x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • UMB Financial is overvalued based on earnings compared to the DE Banks industry average.
  • UMB Financial is good value based on earnings compared to the Germany market.
Price based on expected Growth
Does UMB Financial's expected growth come at a high price?
Raw Data
DB:UMB PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 15.66x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 7 Analysts
5.6%per year
Europe Banks Industry PEG Ratio Median Figure of 113 Publicly-Listed Banks Companies 0.78x
Germany Market PEG Ratio Median Figure of 270 Publicly-Listed Companies 1.46x

*Line of best fit is calculated by linear regression .

DB:UMB PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 15.66x ÷ 5.6%

2.79x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • UMB Financial is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on UMB Financial's assets?
Raw Data
DB:UMB PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in USD $47.92
NasdaqGS:UMBF Share Price * NasdaqGS (2019-06-18) in USD $62.57
Germany Banks Industry PB Ratio Median Figure of 6 Publicly-Listed Banks Companies 0.87x
Germany Market PB Ratio Median Figure of 576 Publicly-Listed Companies 1.77x
DB:UMB PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NasdaqGS:UMBF Share Price ÷ Book Value per Share (both in USD)

= 62.57 ÷ 47.92

1.31x

* Primary Listing of UMB Financial.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • UMB Financial is overvalued based on assets compared to the DE Banks industry average.
X
Value checks
We assess UMB Financial's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Banks industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Banks industry average (and greater than 0)? (1 check)
  5. UMB Financial has a total score of 2/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

UMB Future Performance

 How is UMB Financial expected to perform in the next 1 to 3 years based on estimates from 7 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
5.6%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is UMB Financial expected to grow at an attractive rate?
  • UMB Financial's earnings growth is expected to exceed the low risk savings rate of 0.2%.
Growth vs Market Checks
  • UMB Financial's earnings growth is positive but not above the Germany market average.
  • UMB Financial's revenue growth is expected to exceed the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:UMB Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:UMB Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 7 Analysts 5.6%
DB:UMB Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 7 Analysts 6.6%
Germany Banks Industry Earnings Growth Rate Market Cap Weighted Average 12.9%
Germany Banks Industry Revenue Growth Rate Market Cap Weighted Average 4%
Germany Market Earnings Growth Rate Market Cap Weighted Average 12.7%
Germany Market Revenue Growth Rate Market Cap Weighted Average 5%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:UMB Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 7 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:UMB Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2020-12-31 1,136 237 5
2019-12-31 1,099 233 5
DB:UMB Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-03-31 957 324 196
2018-12-31 941 297 196
2018-09-30 979 306 218
2018-06-30 967 306 209
2018-03-31 957 329 199
2017-12-31 941 327 183
2017-09-30 917 371 179
2017-06-30 899 333 170
2017-03-31 883 285 161
2016-12-31 865 296 154
2016-09-30 865 208 140
2016-06-30 866 189 123

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • UMB Financial's earnings are expected to grow by 5.6% yearly, however this is not considered high growth (20% yearly).
  • UMB Financial's revenue is expected to grow by 6.6% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:UMB Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 7 Analyst Estimates (S&P Global) See Below

All data from UMB Financial Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:UMB Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2020-12-31 4.88 5.09 4.67 7.00
2019-12-31 4.76 4.99 4.65 7.00
DB:UMB Past Financials Data
Date (Data in USD Millions) EPS *
2019-03-31 4.00
2018-12-31 3.98
2018-09-30 4.41
2018-06-30 4.24
2018-03-31 4.03
2017-12-31 3.72
2017-09-30 3.64
2017-06-30 3.46
2017-03-31 3.30
2016-12-31 3.15
2016-09-30 2.87
2016-06-30 2.52

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if UMB Financial will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess UMB Financial's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Germany market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Germany market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
UMB Financial has a total score of 2/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

UMB Past Performance

  How has UMB Financial performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare UMB Financial's growth in the last year to its industry (Banks).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • UMB Financial's year on year earnings growth rate has been positive over the past 5 years.
  • UMB Financial's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • UMB Financial's 1-year earnings growth is negative, it can't be compared to the DE Banks industry average.
Earnings and Revenue History
UMB Financial's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from UMB Financial Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:UMB Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 956.85 196.47 669.29
2018-12-31 941.39 196.26 656.83
2018-09-30 978.97 218.16 654.35
2018-06-30 967.01 209.19 644.27
2018-03-31 956.69 198.53 641.64
2017-12-31 941.48 182.98 634.68
2017-09-30 917.28 179.02 618.29
2017-06-30 898.93 169.57 612.98
2017-03-31 882.71 161.26 602.95
2016-12-31 865.33 153.63 597.20
2016-09-30 865.20 139.88 602.04
2016-06-30 866.39 122.91 618.59
2016-03-31 861.31 116.66 624.11
2015-12-31 767.23 96.56 568.57
2015-09-30 844.13 113.37 619.16
2015-06-30 837.14 126.55 596.25
2015-03-31 840.40 131.01 584.70
2014-12-31 831.74 120.66 573.39
2014-09-30 846.10 128.38 570.09
2014-06-30 837.27 127.18 561.86
2014-03-31 813.15 122.44 553.31
2013-12-31 807.60 133.97 547.77
2013-09-30 773.78 120.36 537.94
2013-06-30 755.30 112.06 531.44
2013-03-31 751.65 111.29 522.55
2012-12-31 751.98 122.72 516.06
2012-09-30 740.58 124.92 503.49
2012-06-30 733.92 124.81 495.97

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • UMB Financial has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • UMB Financial used its assets more efficiently than the DE Banks industry average last year based on Return on Assets.
  • Unable to establish if UMB Financial improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.
X
Past performance checks
We assess UMB Financial's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Banks industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
UMB Financial has a total score of 2/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

UMB Health

 How is UMB Financial's financial position? (This company is analysed differently as a bank or financial institution)

This company is a bank or financial institution.

Fundamentally a bank's business is based upon borrowing and lending money, for this reason they typically have high levels of debt and we analyse them differently.
Net Worth
Balance sheet
This treemap shows a more detailed breakdown of UMB Financial's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from UMB Financial Company Filings, last reported 2 months ago.

DB:UMB Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 2,350.84 1,650.44 763.45
2018-12-31 2,228.47 1,607.10 1,361.31
2018-09-30 2,203.46 1,282.97 671.77
2018-06-30 2,201.81 1,752.82 540.73
2018-03-31 2,167.39 1,439.68 501.41
2017-12-31 2,181.53 1,348.89 676.75
2017-09-30 2,101.54 1,941.79 722.87
2017-06-30 2,071.12 1,970.61 686.96
2017-03-31 2,010.88 2,472.04 707.28
2016-12-31 1,962.38 1,945.04 870.83
2016-09-30 2,024.63 2,127.36 775.84
2016-06-30 2,002.73 1,910.75 741.57
2016-03-31 1,947.96 1,796.09 670.83
2015-12-31 1,893.69 1,921.40 835.75
2015-09-30 1,900.86 1,445.86 632.66
2015-06-30 1,857.06 1,869.66 802.56
2015-03-31 1,682.38 1,737.62 697.16
2014-12-31 1,643.76 2,041.48 1,407.03
2014-09-30 1,615.35 1,723.65 1,483.98
2014-06-30 1,601.34 1,617.99 1,009.30
2014-03-31 1,542.20 1,982.96 1,519.83
2013-12-31 1,506.07 1,590.73 2,092.77
2013-09-30 1,463.66 1,535.39 2,071.90
2013-06-30 1,226.47 2,164.55 1,137.93
2013-03-31 1,285.56 1,667.04 2,042.33
2012-12-31 1,279.35 1,796.77 1,069.81
2012-09-30 1,294.18 1,169.83 652.44
2012-06-30 1,252.00 1,415.83 785.97
BANK ANALYSIS

This company is a bank or financial institution, which is analysed accordingly below.

Below we check the amount of loans the bank has, how many of those are bad, and its ability to cover any bad loans.
  • UMB Financial has an acceptable proportion of non-loan assets held.
  • UMB Financial's liabilities are made up of primarily low risk sources of funding.
  • Loans at UMB Financial are broadly funded by customer deposits.
  • UMB Financial's level of assets compared to its equity is moderate (i.e. an appropriate level of borrowing to fund lending).
  • UMB Financial has a sufficient allowance for bad loans.
  • UMB Financial has an acceptable level of bad loans (less than 2%).
X
Financial health checks
We assess UMB Financial's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. UMB Financial has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

UMB Dividends

 What is UMB Financial's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
1.92%
Current annual income from UMB Financial dividends. Estimated to be 1.98% next year.
If you bought €2,000 of UMB Financial shares you are expected to receive €38 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • UMB Financial's pays a higher dividend yield than the bottom 25% of dividend payers in Germany (1.46%).
  • UMB Financial's dividend is below the markets top 25% of dividend payers in Germany (3.94%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:UMB Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 7 Analyst Estimates (S&P Global) See Below
Germany Banks Industry Average Dividend Yield Market Cap Weighted Average of 6 Stocks 3.5%
Germany Market Average Dividend Yield Market Cap Weighted Average of 327 Stocks 3.2%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.8%
Germany Bottom 25% Dividend Yield 25th Percentile 1.5%
Germany Top 25% Dividend Yield 75th Percentile 3.9%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:UMB Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2020-12-31 1.26 6.00
2019-12-31 1.21 6.00
DB:UMB Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2019-04-23 1.200 1.808
2019-03-01 1.200 1.824
2019-01-29 1.200 1.787
2018-10-30 1.200 1.872
2018-10-23 1.200 1.948
2018-04-24 1.160 1.543
2018-01-23 1.160 1.553
2017-10-24 1.100 1.502
2017-08-03 1.020 1.458
2017-07-25 1.020 1.444
2017-05-02 1.020 1.396
2017-04-25 1.020 1.368
2017-02-23 1.020 1.348
2017-01-24 1.020 1.312
2016-11-01 1.020 1.386
2016-10-25 1.020 1.655
2016-08-02 0.980 1.658
2016-07-26 0.980 1.769
2016-05-03 0.980 1.777
2016-04-26 0.980 1.769
2016-02-25 0.980 1.898
2016-01-26 0.980 2.068
2015-11-03 0.980 2.054
2015-10-27 0.980 1.946
2015-08-04 0.940 1.845
2015-07-28 0.940 1.720
2015-05-05 0.940 1.707
2015-04-28 0.940 1.856
2014-10-28 0.940 1.750
2014-07-22 0.900 1.598
2014-04-22 0.900 1.528
2014-01-29 0.900 1.458
2014-01-28 0.900 1.442
2013-10-31 0.900 1.428
2013-10-22 0.900 1.509
2013-07-23 0.860 1.493
2013-04-23 0.860 1.605
2012-10-23 0.860 1.910
2012-07-24 0.820 1.686
2012-04-24 0.820 1.690
2012-01-24 0.820 1.918
2011-10-25 0.820 2.230
2011-07-26 0.780 2.158
2011-04-26 0.780 1.854
2011-01-26 0.780 1.983
2010-10-27 0.780 1.948
2010-07-28 0.740 2.102
2010-04-27 0.740 1.935
2010-01-26 0.740 1.841
2009-10-27 0.740 1.877
2009-07-21 0.700 1.723

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been stable in the past 10 years.
  • Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of UMB Financial's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (3.4x coverage).
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess UMB Financial's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can UMB Financial afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. UMB Financial has a total score of 4/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

UMB Management

 What is the CEO of UMB Financial's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
J. Kemper
COMPENSATION $3,662,353
AGE 45
TENURE AS CEO 15.1 years
CEO Bio

Mr. J. Mariner Kemper has been the Chairman and Chief Executive Officer of UMB Financial Corporation since May 12, 2004 and has been its President since November 2, 2015. Mr. Kemper serves as Chairman and Member of Advisory Board of South Kansas at UMB Bank, National Association. Mr. Kemper served as the Chairman at UMB Bank Colorado, National Association since 2000 until 2012 and served as its Chief Executive Officer from 2000 to September 2009. He served as the President of UMB Bank Colorado from 1997 to 2000. He served as the Chairman of Western Region at UMB Financial Corporation since January 2004. Mr. Kemper has been a Director of National Jewish Health, Inc. since 2004. He has been a Director of UMB Financial Corp., May 12, 2004. He was the Chairman and Chief Executive Officer of the Bank between December 2012 and January 2014. He served as a Director at Scout Investments, Inc. He served as a Director of UMB Bank Colorado. He served as a Director of Western Region at UMB Financial Corporation. He served as a Director of Perfect Commerce, Inc. He serves as a Member of Executive Committee at UMB Bank, National Association. His affiliations with organisations include : as Co-Chairperson of American Royal Barbeque, National Jewish Medical Center, Denver and Denver Art Museum. He was the Chairperson Cherokee Ranch & Castle Foundation-Denver, Denver Art, Culture & Film Foundation and City of Sculpture Campaign for Denver Art, Culture & Film Foundation. Mr. Kemper is a Board Member of Kansas City Civic Council, Kansas City Downtown Council, Denver Public Schools Foundation, Boy Scouts of America Denver Area Council and Beaux Arts Ball 2006. He was a Board Member of Western States Art Federation-Denver, Air Quality and Transportation Management Council-Denver, Cheyenne Mountain Zoo-Denver, Boys and Girls Club of Metro Denver and Mayor's Commission on Art, Culture & Film-Denver. His achievements include : In 2002, he was 5280 Magazine's "22 to Watch in 2002" and in 1999, Mr. Kemper was Denver Business Journal's "40 Under 40". He holds Bachelor's degree in Political Science from University of Puget Sound, Tacoma, WA.

CEO Compensation
  • J.'s compensation has been consistent with company performance over the past year, both up more than 20%.
  • J.'s remuneration is higher than average for companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the UMB Financial management team in years:

3.6
Average Tenure
45
Average Age
  • The tenure for the UMB Financial management team is about average.
Management Team

J. Kemper

TITLE
President
COMPENSATION
$4M
AGE
45
TENURE
15.1 yrs

Ram Shankar

TITLE
Executive VP & CFO
COMPENSATION
$735K
AGE
45
TENURE
2.8 yrs

Jim Rine

TITLE
President & CEO of UMB Bank
COMPENSATION
$898K
AGE
47
TENURE
0.7 yrs

Kevin Macke

TITLE
Executive VP & Director of Operations of UMB bank
COMPENSATION
$749K
AGE
45

Brian Walker

TITLE
Executive VP & Chief Accounting Officer
COMPENSATION
$472K
AGE
46
TENURE
12 yrs

Kay Gregory

TITLE
Director of Investor Relations & Senior VP

John Pauls

TITLE
Executive VP
AGE
53
TENURE
3 yrs

Heather Miller

TITLE
Executive Vice President of Sales

Shannon Johnson

TITLE
Chief Human Resources Officer & Executive VP
AGE
38
TENURE
4.2 yrs

Brian Kaufman

TITLE
Managing Director of Prairie Capital Management
Board of Directors Tenure

Average tenure and age of the UMB Financial board of directors in years:

15.1
Average Tenure
53.5
Average Age
  • The average tenure for the UMB Financial board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

Andy Iseman

TITLE
Chairman
COMPENSATION
$1M
AGE
54

Kris Robbins

TITLE
Director
COMPENSATION
$123K
AGE
59
TENURE
19.4 yrs

J. Kemper

TITLE
President
COMPENSATION
$4M
AGE
45
TENURE
15.1 yrs

Greg Graves

TITLE
Lead Director
COMPENSATION
$138K
AGE
60
TENURE
2.2 yrs

Robin Beery

TITLE
Director
COMPENSATION
$126K
AGE
50
TENURE
4.4 yrs

Sandy Kemper

TITLE
Director
COMPENSATION
$95K
AGE
52
TENURE
27.4 yrs

L. Sosland

TITLE
Director
COMPENSATION
$102K
AGE
57
TENURE
21.4 yrs

Paul Uhlmann

TITLE
Director
COMPENSATION
$104K
AGE
67
TENURE
19.4 yrs

Kevin Gallagher

TITLE
Director
COMPENSATION
$115K
AGE
49
TENURE
11.7 yrs

Leroy Williams

TITLE
Director
COMPENSATION
$105K
AGE
53
TENURE
3.4 yrs
Who owns this company?
Recent Insider Trading
  • UMB Financial insiders have sold more shares than they have bought in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
05. Jun 19 Buy Gregory Graves Individual 03. Jun 19 03. Jun 19 16 €55.49 €892
09. May 19 Sell J. Kemper Individual 08. May 19 08. May 19 -7,000 €63.60 €-444,961
06. May 19 Sell J. Kemper Individual 06. May 19 06. May 19 -4,400 €63.67 €-279,824
02. May 19 Buy Gregory Graves Individual 01. May 19 01. May 19 324 €61.91 €20,059
02. May 19 Sell J. Kemper Individual 01. May 19 01. May 19 -3,000 €61.66 €-184,717
26. Apr 19 Sell James Cornelius Individual 26. Apr 19 26. Apr 19 -800 €62.17 €-49,719
07. Mar 19 Sell Shannon Johnson Individual 07. Mar 19 07. Mar 19 -1,504 €59.30 €-89,183
05. Mar 19 Buy Gregory Graves Individual 01. Mar 19 01. Mar 19 14 €60.70 €879
04. Feb 19 Buy Gregory Graves Individual 01. Feb 19 01. Feb 19 349 €56.16 €19,595
01. Feb 19 Buy Timothy Murphy Individual 01. Feb 19 01. Feb 19 4,000 €56.29 €225,145
06. Dec 18 Buy Gregory Graves Individual 03. Dec 18 03. Dec 18 15 €59.51 €881
02. Nov 18 Buy Gregory Graves Individual 01. Nov 18 01. Nov 18 350 €56.37 €19,750
04. Oct 18 Sell Michael Hagedorn Individual 03. Oct 18 03. Oct 18 -7,477 €63.16 €-471,489
17. Sep 18 Buy Timothy Murphy Individual 14. Sep 18 14. Sep 18 1,000 €63.92 €63,918
10. Sep 18 Sell Brian Walker Individual 10. Sep 18 10. Sep 18 -500 €65.26 €-32,630
06. Sep 18 Buy Gregory Graves Individual 04. Sep 18 04. Sep 18 13 €65.03 €865
05. Sep 18 Sell J. Kemper Individual 04. Sep 18 04. Sep 18 -4,400 €65.40 €-287,624
15. Aug 18 Sell Kevin Macke Individual 14. Aug 18 14. Aug 18 -1,039 €66.50 €-69,089
07. Aug 18 Sell James Cornelius Individual 07. Aug 18 07. Aug 18 -222 €64.36 €-14,287
03. Aug 18 Buy Gregory Graves Individual 01. Aug 18 01. Aug 18 310 €62.29 €19,282
05. Jul 18 Sell J. Kemper Individual 03. Jul 18 03. Jul 18 -2,200 €66.26 €-145,525
X
Management checks
We assess UMB Financial's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. UMB Financial has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

UMB News

Simply Wall St News

UMB Company Info

Description

UMB Financial Corporation operates as the bank holding company for the UMB Bank that provides various banking and other financial services. It operates through four segments: Commercial Banking, Institutional Banking, Personal Banking, and Healthcare Services. The Commercial Banking segment provides commercial loans, commercial credit cards, letters of credit, loan syndication services, consultative services, and various financial options; capital markets services, including asset-based financing, asset securitization, equity and mezzanine financing, factoring, and private and public placement of senior debt, as well as merger and acquisition consulting; and depository, account reconciliation, electronic fund transfer, controlled disbursements, lockbox, and remote deposit capture services. The Institutional Banking segment offers bond trading transactions, cash letter collections, investment portfolio accounting and safekeeping, asset/liability management reporting, and federal funds transactions; and fund administration and accounting, investor services and transfer agency, marketing and distribution, custody, and alternative investment services. The Personal Banking segment provides deposit accounts, retail credit cards, installment loans, home equity lines of credit, residential mortgages, and small business loans, as well as call center, Internet banking and ATM network, private banking, brokerage, insurance, investment advisory, trust, and custody services. The Healthcare Services segment offers healthcare payment solutions comprising custodial services for health savings accounts, as well as private label and multipurpose debit cards. The company operates through a network of branches and offices in the states of Missouri, Kansas, Colorado, Illinois, Oklahoma, Texas, Arizona, Nebraska, Pennsylvania, South Dakota, Indiana, Utah, Minnesota, California, and Wisconsin. UMB Financial Corporation was founded in 1913 and is headquartered in Kansas City, Missouri.

Details
Name: UMB Financial Corporation
UMB
Exchange: DB
Founded: 1913
$2,733,027,564
49,067,086
Website: http://www.umb.com
Address: UMB Financial Corporation
1010 Grand Boulevard,
Kansas City,
Missouri, 64106,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqGS UMBF Common Stock Nasdaq Global Select US USD 02. Jan 1980
DB UMB Common Stock Deutsche Boerse AG DE EUR 02. Jan 1980
Number of employees
Current staff
Staff numbers
3,573
UMB Financial employees.
Industry
Regional Banks
Banks
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/06/18 21:49
End of day share price update: 2019/06/18 00:00
Last estimates confirmation: 2019/05/02
Last earnings filing: 2019/05/02
Last earnings reported: 2019/03/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.