NasdaqGS:UMBF

Stock Analysis Report

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Executive Summary

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


Snowflake Analysis

Flawless balance sheet established dividend payer.


Similar Companies

Share Price & News

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


Latest Share Price and Events

Stable Share Price: UMBF is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: UMBF's weekly volatility (6%) has been stable over the past year.


Market Performance


7 Day Return

-1.5%

UMBF

1.9%

US Banks

1.5%

US Market


1 Year Return

2.7%

UMBF

-16.6%

US Banks

22.3%

US Market

Return vs Industry: UMBF exceeded the US Banks industry which returned -16.7% over the past year.

Return vs Market: UMBF underperformed the US Market which returned 22.1% over the past year.


Shareholder returns

UMBFIndustryMarket
7 Day-1.5%1.9%1.5%
30 Day13.8%24.3%8.8%
90 Day24.6%18.9%10.8%
1 Year4.8%2.7%-13.5%-16.6%25.1%22.3%
3 Year-0.09%-5.1%-3.2%-11.4%49.5%39.6%
5 Year62.6%49.8%47.2%28.7%105.8%83.3%

Long-Term 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?

17.1x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: UMBF ($69.55) is trading above our estimate of fair value ($58.35)

Significantly Below Fair Value: UMBF is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: UMBF is poor value based on its PE Ratio (17.1x) compared to the US Banks industry average (11.4x).

PE vs Market: UMBF is good value based on its PE Ratio (17.1x) compared to the US market (19.4x).


Price to Earnings Growth Ratio

PEG Ratio: UMBF's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


Price to Book Ratio

PB vs Industry: UMBF is overvalued based on its PB Ratio (1.2x) compared to the US Banks industry average (0.9x).


Next Steps

Future Growth

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

-0.01%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: UMBF's earnings are forecast to decline over the next 3 years (-0.01% per year).

Earnings vs Market: UMBF's earnings are forecast to decline over the next 3 years (-0.01% per year).

High Growth Earnings: UMBF's earnings are forecast to decline over the next 3 years.

Revenue vs Market: UMBF's revenue (2.1% per year) is forecast to grow slower than the US market (10.2% per year).

High Growth Revenue: UMBF's revenue (2.1% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: UMBF's Return on Equity is forecast to be low in 3 years time (7.5%).


Next Steps

Past Performance

How has UMB Financial performed over the past 5 years?

11.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: UMBF has high quality earnings.

Growing Profit Margin: UMBF's current net profit margins (19.2%) are lower than last year (20.4%).


Past Earnings Growth Analysis

Earnings Trend: UMBF's earnings have grown by 11.7% 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 (-3.1%) over the past year, making it difficult to compare to the Banks industry average (-4.1%).


Return on Equity

High ROE: UMBF's Return on Equity (6.9%) is considered low.


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


Financial Institutions Analysis

Asset Level: UMBF's Assets to Equity ratio (10.6x) is moderate.

Allowance for Bad Loans: UMBF has a sufficient allowance for bad loans (226%).

Low Risk Liabilities: 90% of UMBF's liabilities are made up of primarily low risk sources of funding.

Loan Level: UMBF has an appropriate level of Loans to Assets ratio (52%).

Low Risk Deposits: UMBF's Loans to Deposits ratio (64%) is appropriate.

Level of Bad Loans: UMBF has an appropriate level of bad loans (0.6%).


Next Steps

Dividend

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

1.84%

Current Dividend Yield


Upcoming Dividend Payment


Dividend Yield vs Market

Notable Dividend: UMBF's dividend (1.84%) is higher than the bottom 25% of dividend payers in the US market (1.49%).

High Dividend: UMBF's dividend (1.84%) is low compared to the top 25% of dividend payers in the US market (4.1%).


Stability and Growth of Payments

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 (30.5%), UMBF's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: UMBF's dividends in 3 years are forecast to be well covered by earnings (28.4% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.2yrs

Average management tenure


CEO

J. Kemper (47 yo)

16.58yrs

Tenure

US$4,101,491

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 ($USD4.10M) is about average for companies of similar size in the US market ($USD5.19M).

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


Leadership Team

NamePositionTenureCompensationOwnership
J. Kemper
Chairman16.58yrsUS$4.10m4.72%
$ 157.5m
Ram Shankar
Executive VP & CFO4.33yrsUS$847.63k0.011%
$ 351.8k
Thomas Terry
Executive VP & Chief Credit Officerno dataUS$746.87k0.065%
$ 2.2m
James Rine
President & CEO of UMB Bank2.17yrsUS$1.53m0.028%
$ 935.7k
David Odgers
Senior VP0.92yrno data0.0056%
$ 188.1k
Shannon Johnson
Executive VP & Chief Administrative Officer1.17yrsno data0.018%
$ 596.0k
Kay Gregory
Director of Investor Relations & Senior VPno datano datano data
John Pauls
Executive VP4.5yrsno data0.011%
$ 358.4k
Heather Miller
Executive Vice President of Salesno datano datano data
Robert Beaird
Chief HR Officer & Executive VP1.17yrsno data0.0023%
$ 76.2k
James Sangster
Executive Vice Presidentno datano datano data
Brian Kaufman
Managing Director of Prairie Capital Managementno datano datano data

2.2yrs

Average Tenure

49yo

Average Age

Experienced Management: UMBF's management team is considered experienced (2.2 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
J. Kemper
Chairman16.58yrsUS$4.10m4.72%
$ 157.5m
Andrew Iseman
Chairmanno dataUS$1.47mno data
Alexander Kemper
Director28.92yrsUS$104.98k0.20%
$ 6.8m
L. Sosland
Independent Director22.92yrsUS$107.98k0.020%
$ 668.1k
Kris Robbins
Independent Director20.92yrsUS$132.98k0.016%
$ 531.1k
Paul Uhlmann
Independent Director20.92yrsUS$112.98k0.033%
$ 1.1m
Kevin Gallagher
Independent Director13.17yrsUS$118.98k0.036%
$ 1.2m
Robin Beery
Independent Director5.92yrsUS$134.98k0.0077%
$ 256.9k
Gregory Graves
Independent Lead Director3.67yrsUS$147.98k0.054%
$ 1.8m
Leroy Williams
Independent Director4.92yrsUS$113.98k0.0060%
$ 202.1k
Timothy Murphy
Independent Director4.42yrsUS$112.98k0.030%
$ 995.5k
Gordon Lansford
Independent Director3.67yrsUS$132.98k0.0045%
$ 149.7k

13.2yrs

Average Tenure

55.5yo

Average Age

Experienced Board: UMBF's board of directors are seasoned and experienced ( 13.2 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: UMBF insiders have only sold shares in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

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$3.341b
  • Shares outstanding: 48.03m
  • Website: https://www.umb.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. The company operates through four segments: Commercial Banking, I...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/12/04 23:19
End of Day Share Price2020/12/04 00:00
Earnings2020/09/30
Annual Earnings2019/12/31


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.