UMBF

MKT CAP:$9B

UMB Financial Corporation

Market Cap

$9B

Financial Services·Banks - Regional·🇺🇸 United States·NASDAQ

Financials·Banks - Regional·🇺🇸·NASDAQ

Stock Price

$123.25+$6.77 (+5.81%)

Apr 22, 2026

Company Details

UMB Financial Corporation operates as the bank holding company for the UMB Bank that provides various banking and other financial services. The Commercial Banking segment provides commercial loans and credit card; commercial real estate fin...

CEO

J. Mariner Kemper

IPO Date

Mar 17, 1980

Website

www.umb.com

Key Metrics TTM

Revenue

$4.4B

+68.5% YoY

Net Income

$702M

EPS (Diluted)

$9.13

Free Cash Flow

$108M

Revenue / Share

$58.11

Gross Margin

54.4%

Operating Margin

20.3%

Net Margin

15.8%

FCF Margin

2.4%

P/S

2.1x

P/E

13.2x

Earnings Reports

Q1 2026

Apr 28, 2026

PENDING

FY 2025

Feb 26, 2026

$4.4B+68.5%EPS $9.13

Q4 2025

Feb 26, 2026

$1.1B+59.5%EPS $2.74

Q3 2025

Oct 30, 2025

$1.5B+121.2%EPS $2.36

Q2 2025

Jul 31, 2025

$1.0B+58.4%EPS $2.82

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q1 22	$320M	$316M	$126M
Q2 22	$400M	$363M	$174M
Q3 22	$402M	$313M	$109M
Q4 22	$461M	$331M	$124M
Q1 23	$509M	$318M	$112M
Q2 23	$565M	$316M	$110M
Q3 23	$570M	$316M	$119M
Q4 23	$601M	$335M	$81M
Q1 24	$641M	$350M	$134M
Q2 24	$642M	$334M	$127M
Q3 24	$674M	$346M	$136M
Q4 24	$680M	$375M	$145M
Q1 25	$851M	$424M	$93M
Q2 25	$1.0B	$612M	$275M
Q3 25	$1.5B	$660M	$237M
Q4 25	$1.1B	$721M	$295M

Valuation

Quarter	P/S	P/E
Q1 22	7.3x	25.3x
Q2 22	6.9x	22.3x
Q3 22	6.5x	22.6x
Q4 22	5.9x	21.5x
Q1 23	5.2x	22.2x
Q2 23	4.8x	25.0x
Q3 23	4.4x	24.5x
Q4 23	4.1x	26.5x
Q1 24	3.9x	25.2x
Q2 24	3.8x	24.5x
Q3 24	3.6x	23.7x
Q4 24	3.5x	21.0x
Q1 25	3.3x	22.5x
Q2 25	2.9x	17.6x
Q3 25	2.3x	15.3x
Q4 25	2.1x	13.2x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 22	$196M	$187M
Q2 22	$210M	$202M
Q3 22	$219M	$202M
Q4 22	$144M	$127M
Q1 23	$2M	-$8M
Q2 23	$154M	$146M
Q3 23	$232M	$226M
Q4 23	$85M	$81M
Q1 24	$56M	$54M
Q2 24	$112M	$107M
Q3 24	$124M	$118M
Q4 24	-$67M	-$77M
Q1 25	$363M	$354M
Q2 25	$285M	$271M
Q3 25	$272M	$258M
Q4 25	-$743M	-$775M

Capital Expenditures

Quarter	CapEx
Q1 22	$9M
Q2 22	$8M
Q3 22	$17M
Q4 22	$17M
Q1 23	$9M
Q2 23	$8M
Q3 23	$6M
Q4 23	$4M
Q1 24	$2M
Q2 24	$6M
Q3 24	$6M
Q4 24	$10M
Q1 25	$9M
Q2 25	$15M
Q3 25	$14M
Q4 25	$32M

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q1 22	+8.8%	+5.3%
Q2 22	+23.7%	+4.7%
Q3 22	+30.4%	+50.9%
Q4 22	+45.8%	+54.8%
Q1 23	+58.7%	+103.9%
Q2 23	+41.3%	+101.1%
Q3 23	+42.0%	+54.1%
Q4 23	+30.2%	+54.1%
Q1 24	+26.0%	+27.7%
Q2 24	+13.7%	+13.2%
Q3 24	+18.2%	+19.4%
Q4 24	+13.2%	+2.9%
Q1 25	+32.7%	+49.4%
Q2 25	+58.4%	+44.1%
Q3 25	+121.2%	+133.0%
Q4 25	+59.5%	+47.5%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 22	$6M	1.9%
Q2 22	$6M	1.4%
Q3 22	$5M	1.2%
Q4 22	$5M	1.0%
Q1 23	$5M	1.0%
Q2 23	$4M	0.7%
Q3 23	$4M	0.6%
Q4 23	$6M	1.0%
Q1 24	$5M	0.8%
Q2 24	$6M	0.9%
Q3 24	$5M	0.7%
Q4 24	$7M	1.0%
Q1 25	$13M	1.5%
Q2 25	$8M	0.8%
Q3 25	$8M	0.5%
Q4 25	$0	0.0%

OpEx Breakdown

Quarter	G&A	S&M
Q1 22	$131M	$5M
Q2 22	$128M	$5M
Q3 22	$136M	$7M
Q4 22	$144M	$9M
Q1 23	$142M	$5M
Q2 23	$143M	$7M
Q3 23	$133M	$7M
Q4 23	$134M	$7M
Q1 24	$143M	$6M
Q2 24	$143M	$7M
Q3 24	$147M	$7M
Q4 24	$161M	$9M
Q1 25	$221M	$8M
Q2 25	$214M	$11M
Q3 25	$435M	$11M
Q4 25	$229M	$15M

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 22	$6.7B	$8.6B	$15.3B
Q2 22	$2.2B	$7.7B	$9.9B
Q3 22	$2.1B	$7.1B	$9.3B
Q4 22	$1.7B	$7.0B	$8.7B
Q1 23	$3.6B	$6.9B	$10.5B
Q2 23	$3.8B	$6.7B	$10.5B
Q3 23	$4.0B	$6.3B	$10.3B
Q4 23	$5.6B	$7.1B	$12.7B
Q1 24	$7.0B	$6.5B	$13.6B
Q2 24	$5.1B	$7.1B	$12.2B
Q3 24	$7.4B	$7.0B	$14.4B
Q4 24	$8.6B	$7.8B	$16.3B
Q1 25	$10.7B	$10.9B	$21.6B
Q2 25	$11.1B	$263M	$11.4B
Q3 25	$9.0B	$8.4B	$17.4B
Q4 25	$953M	$0	$953M

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q1 22	49M	-0.0%	+0.6%
Q2 22	49M	-0.3%	-0.0%
Q3 22	49M	-0.1%	-0.2%
Q4 22	49M	+0.2%	-0.2%
Q1 23	49M	+0.0%	-0.2%
Q2 23	49M	-0.2%	-0.0%
Q3 23	49M	+0.2%	+0.2%
Q4 23	49M	+0.2%	+0.3%
Q1 24	49M	+0.1%	+0.4%
Q2 24	49M	+0.1%	+0.6%
Q3 24	49M	+0.2%	+0.6%
Q4 24	49M	+0.2%	+0.7%
Q1 25	65M	+33.2%	+33.9%
Q2 25	76M	+16.4%	+55.7%
Q3 25	75M	-1.2%	+53.5%
Q4 25	76M	+1.5%	+55.5%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q1 22	$90.8K	4K
Q2 22	$113.3K	4K
Q3 22	$113.8K	4K
Q4 22	$122.4K	4K
Q1 23	$134.9K	4K
Q2 23	$149.8K	4K
Q3 23	$151.3K	4K
Q4 23	$167.0K	4K
Q1 24	$178.1K	4K
Q2 24	$178.3K	4K
Q3 24	$187.3K	4K
Q4 24	$183.9K	4K
Q1 25	$230.0K	4K
Q2 25	$274.9K	4K
Q3 25	$403.3K	4K
Q4 25	$207.8K	5K

Revenue / Employee