Quarterly ResultApr 28, 2026, 04:12 PM
UMBF Q1 Net Income +222.3% to $255.6M; EPS $3.35; Dividend $0.43
AI Summary
UMB Financial Corporation reported strong first-quarter 2026 financial results, with GAAP net income available to common shareholders increasing 222.3% year-over-year to $255.6 million, or $3.35 per diluted common share. Total revenue rose 31.1% to $739.2 million, driven by a 34.4% increase in net interest income. The company's board also authorized the repurchase of up to 2 million common shares and declared quarterly dividends of $0.43 per common share and $0.484375 per preferred depositary share.
Key Highlights
- Board authorized repurchase of up to 2,000,000 common shares.
- Declared quarterly common stock dividend of $0.43 per share.
- Declared preferred stock dividend of $0.484375 per depositary share.
- GAAP net income available to common shareholders rose 222.3% YoY to $255.6M.
- Diluted GAAP EPS was $3.35, up from $1.21 in Q1 2025.
- Total revenue increased 31.1% YoY to $739.2 million.
- Net interest income grew 34.4% YoY to $534.4 million.
- Average loans increased 21.9% YoY to $39.4 billion.