NasdaqGS:UMBF

Stock Analysis Report

Executive Summary

UMB Financial Corporation operates as the bank holding company for the UMB Bank that provides various banking and other financial services.

Snowflake

Fundamentals

Flawless balance sheet average dividend payer.

Share Price & News

How has UMB Financial's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

0.9%

UMBF

1.4%

US Banks

1.0%

US Market


1 Year Return

-4.9%

UMBF

0.2%

US Banks

6.7%

US Market

Return vs Industry: UMBF underperformed the US Banks industry which returned 0.2% over the past year.

Return vs Market: UMBF underperformed the US Market which returned 6.7% over the past year.


Shareholder returns

UMBFIndustryMarket
7 Day0.9%1.4%1.0%
30 Day-5.1%-2.6%-1.8%
90 Day-1.4%0.8%-1.8%
1 Year-3.1%-4.9%3.1%0.2%9.1%6.7%
3 Year10.7%5.6%52.0%41.5%46.1%36.6%
5 Year26.7%16.5%69.7%51.2%66.9%48.6%

Price Volatility Vs. Market

How volatile is UMB Financial's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is UMB Financial undervalued compared to its fair value and its price relative to the market?

2.8%

Undervalued compared to fair value


Share Price vs. Fair Value

Undervalued: UMBF ($63.44) is trading below our estimate of fair value ($65.25)

Significantly Undervalued: UMBF is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: UMBF is poor value based on its PE Ratio (15.7x) compared to the Banks industry average (12.5x).

PE vs Market: UMBF is good value based on its PE Ratio (15.7x) compared to the US market (17.5x).


Price to Earnings Growth Ratio

Low PEG Ratio: UMBF is poor value based on its PEG Ratio (4.5x)


Price to Book Ratio

PB vs Industry: UMBF is overvalued based on its PB Ratio (1.3x) compared to the US Banks industry average (1.2x).


Next Steps

Future Growth

How is UMB Financial forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?

3.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: UMBF's forecast earnings growth (3.5% per year) is above the savings rate (2.7%).

Earnings vs Market: UMBF's earnings (3.5% per year) are forecast to grow slower than the US market (14.5% per year).

High Growth Earnings: UMBF's earnings are forecast to grow, but not significantly.

Revenue vs Market: UMBF's revenue (5.9% per year) is forecast to grow slower than the US market (7.3% per year).

High Growth Revenue: UMBF's revenue (5.9% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

High Future ROE: Insufficient data to determine if UMBF's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has UMB Financial performed over the past 5 years?

13.6%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: UMBF's earnings have grown by 13.6% per year over the past 5 years.

Accelerating Growth: UMBF's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: UMBF had negative earnings growth (-5.3%) over the past year, making it difficult to compare to the Banks industry average (31.8%).


Return on Equity

High ROE: UMBF's Return on Equity (8%) is considered low.


Return on Assets

ROA vs Industry: UMBF's Return on Assets is below or equal to the Banks industry average last year.


Return on Capital Employed

ROCE Improving: Insufficient data to calculate UMBF's Return on Capital Employed to determine if it has improved over the past 3 years.


Next Steps

Financial Health

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


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet

Inventory Level: UMBF has a low level of unsold assets or inventory.

Debt Coverage by Assets: UMBF's debt is covered by short term assets (assets are 1.047360x debt).


Financial Institutions Analysis

Asset Level: UMBF's level of assets compared to its equity is low.

Allowance for Bad Loans: UMBF has a sufficient allowance for bad loans.

Low Risk Liabilities: UMBF's liabilities are made up of primarily low risk sources of funding.

Loan Level: UMBF has an acceptable proportion of non-loan assets held.

Low Risk Deposits: UMBF's loans are broadly funded by customer deposits.

Level of Bad Loans: UMBF has an appropriate level of bad loans (0.41%)


Next Steps

Dividend

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

1.89%

Current Dividend Yield


Dividend Yield vs Market

company1.9%marketbottom25%1.5%markettop25%3.8%industryaverage3.1%forecastin3Years1.9%

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: UMBF's dividend (1.89%) is higher than the bottom 25% of dividend payers in the US market (1.46%).

High Dividend: UMBF's dividend (1.89%) is low compared to the top 25% of dividend payers in the US market (3.77%).

Stable Dividend: UMBF's dividends per share have been stable in the past 10 years.

Growing Dividend: UMBF's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (29.4%), UMBF's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

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

3.9yrs

Average management tenure


CEO

J. Kemper (46yo)

15.4yrs

Tenure

US$3,662,353

Compensation

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  ...


CEO Compensation Analysis

Compensation vs. Market: J.'s total compensation ($USD3.66M) is about average for companies of similar size in the US market ($USD5.11M).

Compensation vs Earnings: J.'s compensation has been consistent with company performance over the past year.


Management Age and Tenure

3.9yrs

Average Tenure

46yo

Average Age

Experienced Management: UMBF's management team is considered experienced (3.9 years average tenure).


Board Age and Tenure

15.4yrs

Average Tenure

54.5yo

Average Age

Experienced Board: UMBF's board of directors are seasoned and experienced ( 15.4 years average tenure).


Insider Trading

Insider Buying: UMBF insiders have sold more shares than they have bought in the past 3 months.


Recent Insider Transactions

SellUS$50,05409 Sep 19
Kris Robbins
EntityIndividual
Role
Member of the Board of Directors
Director
Shares800
Max PriceUS$62.57
SellUS$1,590,59705 Aug 19
J. Kemper
EntityIndividual
Role
Chief Executive Officer
President
Shares24,200
Max PriceUS$65.96
BuyUS$22,50005 Aug 19
Gregory Graves
EntityIndividual
Role
Lead Director
Lead Director
Shares333.48
Max PriceUS$67.47
BuyUS$1,00005 Jun 19
Gregory Graves
EntityIndividual
Role
Lead Director
Lead Director
Shares16.08
Max PriceUS$62.17
SellUS$498,61209 May 19
J. Kemper
EntityIndividual
Role
Chief Executive Officer
President
Shares7,000
Max PriceUS$71.27
SellUS$313,35306 May 19
J. Kemper
EntityIndividual
Role
Chief Executive Officer
President
Shares4,400
Max PriceUS$71.30
SellUS$207,71102 May 19
J. Kemper
EntityIndividual
Role
Chief Executive Officer
President
Shares3,000
Max PriceUS$69.33
BuyUS$22,55602 May 19
Gregory Graves
EntityIndividual
Role
Lead Director
Lead Director
Shares323.99
Max PriceUS$69.62
SellUS$55,50226 Apr 19
James Cornelius
EntityIndividual
Shares800
Max PriceUS$69.40
SellUS$100,11507 Mar 19
Shannon Johnson
EntityIndividual
Role
Head of Human Resources
Chief Human Resources Officer & Executive VP
Shares1,504
Max PriceUS$66.57
BuyUS$1,00005 Mar 19
Gregory Graves
EntityIndividual
Role
Lead Director
Lead Director
Shares14.48
Max PriceUS$69.06
BuyUS$22,50004 Feb 19
Gregory Graves
EntityIndividual
Role
Lead Director
Lead Director
Shares348.89
Max PriceUS$64.49
BuyUS$258,52001 Feb 19
Timothy Murphy
EntityIndividual
Shares4,000
Max PriceUS$64.63
BuyUS$1,00006 Dec 18
Gregory Graves
EntityIndividual
Role
Lead Director
Lead Director
Shares14.8
Max PriceUS$67.57
BuyUS$22,50202 Nov 18
Gregory Graves
EntityIndividual
Role
Lead Director
Lead Director
Shares350.33
Max PriceUS$64.23

Ownership Breakdown


Management Team

  • J. Kemper (46yo)

    President

    • Tenure: 15.4yrs
    • Compensation: US$3.66m
  • Brian Kaufman

    Managing Director of Prairie Capital Management

    • Tenure: 0yrs
  • Heather Miller

    Executive Vice President of Sales

    • Tenure: 0yrs
  • Ram Shankar (46yo)

    Executive VP & CFO

    • Tenure: 3.2yrs
    • Compensation: US$735.37k
  • Brian Walker (47yo)

    Executive VP & Chief Accounting Officer

    • Tenure: 12.3yrs
    • Compensation: US$471.55k
  • Shannon Johnson (39yo)

    Chief Human Resources Officer & Executive VP

    • Tenure: 4.5yrs
  • Kevin Macke (46yo)

    Executive VP & Director of Operations of UMB bank

    • Tenure: 0yrs
    • Compensation: US$748.70k
  • John Pauls (54yo)

    Executive VP

    • Tenure: 3.3yrs
  • Jim Rine (48yo)

    President & CEO of UMB Bank

    • Tenure: 1yrs
    • Compensation: US$898.29k
  • Kay Gregory

    Director of Investor Relations & Senior VP

    • Tenure: 0yrs

Board Members

  • Sandy Kemper (53yo)

    Director

    • Tenure: 27.8yrs
    • Compensation: US$95.03k
  • J. Kemper (46yo)

    President

    • Tenure: 15.4yrs
    • Compensation: US$3.66m
  • L. Sosland (58yo)

    Director

    • Tenure: 21.8yrs
    • Compensation: US$102.03k
  • Kris Robbins (60yo)

    Director

    • Tenure: 19.8yrs
    • Compensation: US$123.03k
  • Paul Uhlmann (68yo)

    Director

    • Tenure: 19.8yrs
    • Compensation: US$104.03k
  • Kevin Gallagher (50yo)

    Director

    • Tenure: 12yrs
    • Compensation: US$115.03k
  • Robin Beery (51yo)

    Director

    • Tenure: 4.8yrs
    • Compensation: US$126.03k
  • Greg Graves (61yo)

    Lead Director

    • Tenure: 2.5yrs
    • Compensation: US$138.03k
  • Andy Iseman (55yo)

    Chairman

    • Tenure: 0yrs
    • Compensation: US$1.47m
  • Leroy Williams (54yo)

    Director

    • Tenure: 3.8yrs
    • Compensation: US$105.03k

Company Information

UMB Financial Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: UMB Financial Corporation
  • Ticker: UMBF
  • Exchange: NasdaqGS
  • Founded: 1913
  • Industry: Regional Banks
  • Sector: Banks
  • Market Cap: US$3.113b
  • Shares outstanding: 49.07m
  • Website: https://umbfinancial.com

Number of Employees


Location

  • UMB Financial Corporation
  • 1010 Grand Boulevard
  • Kansas City
  • Missouri
  • 64106
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
UMBFNasdaqGS (Nasdaq Global Select)YesCommon StockUSUSDJan 1980
UMBDB (Deutsche Boerse AG)YesCommon StockDEEURJan 1980

Biography

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, Institutio ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/14 23:43
End of Day Share Price2019/10/14 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.