UMB Financial Corp

Latest Results (14.05.2026):

UMB Financial Corporation — Second Quarter 2025: UMB reported strong Q2 2025 results with GAAP net income available to common shareholders of $215.4 million ($2.82 diluted), substantial revenue and balance-sheet growth following the HTLF acquisition, wider net interest margin, improved operating leverage and stronger asset-quality metrics.

Earnings

GAAP net income available to common shareholders: $215.4 million, or $2.82 per diluted share (up ~112.5% vs Q2 2024). Net operating income (non‑GAAP) was $225.4 million, or $2.96 per diluted share (up ~112.9% vs Q2 2024).

Operating profitability

Operating pre‑tax, pre‑provision (operating PTPP) income: $309.2 million. Return on average assets was 1.29% and return on average common equity was 12.7% for Q2 2025. Efficiency ratio improved to 53.4% from 63.4% year‑ago.

Net interest and margin

Net interest income: $467.0 million (up 17.4% vs Q1 2025). Net interest margin (FTE) expanded to 3.10%, +14 basis points sequentially, driven by loan/securities yields and purchase accounting accretion from HTLF.

Noninterest income and notable gains

Noninterest income: $222.2 million, up 33.7% quarter‑over‑quarter. Included ~$37.7 million pre‑tax gains on private investments, of which $29.4 million was from the company’s Voyager Technologies (VOYG) IPO in June 2025.

Balance sheet growth

Average loans: $36.4 billion, +12.7% linked quarter and +52.9% year‑over‑year; end‑period loans $36.8 billion. Average deposits: $55.6 billion, +10.7% linked quarter; end‑period deposits $60.0 billion. Total assets at June 30, 2025: $71.8 billion (up 61.4% vs June 30, 2024).

Expenses and one‑time items

GAAP noninterest expense: $393.2 million (included $13.5 million acquisition‑related costs and $8.3 million in charitable contributions). Operating noninterest expense (non‑GAAP) was $380.0 million.

Asset quality

Net charge‑offs improved to 0.17% of average loans (17 bps) in Q2 2025; nonaccrual/restructured loans were 0.26% of total loans. Provision for credit losses fell vs Q1 (which included a $62.0 million Day‑1 provision for certain acquired HTLF loans).

Capital and strategic actions

Completed an underwritten offering of Series B preferred stock in Q2 that netted ≈$294.1 million of Tier 1 capital. The company integrated Heartland Financial (HTLF) Minnesota franchise to UMB systems in mid‑July and remains on track for the remaining HTLF conversions in October 2025.

Dividend

Board declared a quarterly common dividend of $0.40 per share, payable October 1, 2025 (record date September 10, 2025); Series B preferred dividend also declared (payable October 15, 2025).