Last Updated: 17 Sep 2024
Executive Summary
UMB Financial Corporation (UMBF) is a financial holding company with a market capitalization of $5.12 billion. The company's stock is currently trading at $105.28, with a trailing PE ratio of 13.56 and a forward PE ratio of 11.79. Analysts have a strong buy rating on the stock, with a target price of $115.83.
Company Overview
UMB Financial Corporation is the holding company of UMB Bank, which provides various banking and other financial services. The company is headquartered in Kansas City, Missouri. UMB Bank has a network of over 400 branches and 800 ATMs across the United States. The company offers a range of products and services, including personal banking, commercial banking, wealth management, and capital markets.
Fundamental Analysis
UMB Financial Corporation has a strong financial position. The company has a Tier 1 capital ratio of 11.2%, which is well above the regulatory minimum. The company also has a strong track record of profitability, with a net income margin of 25.5% in the most recent quarter.
The company's revenue growth has been modest in recent years, but the company has been able to offset this with cost controls. The company's operating margin has improved from 32.9% in 2021 to 34.9% in the most recent quarter.
Technical Analysis
UMB Financial Corporation's stock price has been trending higher in recent months. The stock has broken out of a resistance level at $100 and is now trading above its 50-day and 200-day moving averages. The stock's relative strength index (RSI) is also above 50, which indicates that the stock is in a bullish trend.
Short Term Outlook
The technical analysis suggests that UMB Financial Corporation's stock is likely to continue to trend higher in the short term. The stock is trading above its key moving averages and the RSI is above 50. The stock's target price is $115.83, which represents a potential upside of 10%.
Long Term Outlook
The long-term outlook for UMB Financial Corporation is also positive. The company has a strong financial position and a track record of profitability. The company's revenue growth is expected to accelerate in the coming years, as the economy recovers from the pandemic. The stock's target price is $115.83, which represents a potential upside of 10%.
Analyst Recommendations
Analysts have a strong buy rating on UMB Financial Corporation's stock. The stock has a target price of $115.83, which represents a potential upside of 10%. The stock is trading above its key moving averages and the RSI is above 50. The stock's target price is $115.83, which represents a potential upside of 10%.
