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UMB Financial Q1 Earnings Beat on NII Growth, Expenses Rise Y/Y
UMBFUMB(UMBF) ZACKS·2025-05-01 00:55

UMB Financial Corp. (UMBF) reported first-quarter 2025 operating earnings per share of 2.58,whichbeattheZacksConsensusEstimateof2.58, which beat the Zacks Consensus Estimate of 2.21. The bottom line also compared favorably with 2.47intheyearagoquarter. Theriseinnetinterestincome(NII)andnoninterestincomebenefitedtheresults.Risingloananddepositbalanceswereotherpositives.However,weakassetqualityandhighernoninterestexpenseactedasspoilsports. Netincome(GAAPbasis)forUMBFwas2.47 in the year-ago quarter. The rise in net interest income (NII) and non-interest income benefited the results. Rising loan and deposit balances were other positives. However, weak asset quality and higher non-interest expense acted as spoilsports. Net income (GAAP basis) for UMBF was 81.3 million in the first quarte ...