Stock Track | UMB Financial Stock Soars After Strong Q3 Earnings Beat

Stock Track10-30

Shares of UMB Financial Corp (UMBF) surged 5.18% on Tuesday, following the company's better-than-expected third-quarter earnings report. The regional bank holding company reported adjusted earnings per share of $2.25 for the quarter ended September 30, exceeding analysts' average estimate of $2.20.

UMB Financial's revenue for the quarter rose 14.2% year-over-year to $406.12 million, also surpassing Wall Street's expectations of $398.94 million. The company reported net income of $109.64 million for the quarter, driven by strong performance across its various business segments.

Analysts have responded positively to UMB Financial's strong Q3 results, with the current average recommendation on the stock being a "buy." The consensus 12-month price target for the stock stands at $120, indicating further upside potential from current levels.

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The regional bank holding company reported adjusted earnings ...</p>\n\n<a href=\"\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"UMBF","symbol_name":"UMB金融","start_time":0,"source_url":"","article_id":"1173865349","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1173865349","pubTimestamp":1730297654,"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Shares of UMB Financial Corp  surged 5.18% on Tuesday, following the company's better-than-expected third-quarter earnings report. 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