UMB Financial Corp

Latest Results (03.04.2026):

UMB Financial Corp — fourth quarter 2025: UMB Financial Corporation reported strong Q4 2025 results driven by the January 2025 Heartland Financial acquisition and organic growth. GAAP net income available to common shareholders was $209.5 million ($2.74 diluted EPS), with net operating income of $235.2 million ($3.08 operating EPS). Total revenue was $720.9 million and total assets reached $73.1 billion at December 31, 2025.

Profitability

GAAP net income available to common shareholders: $209.5M in Q4 2025 (EPS $2.74), up vs. Q3 2025 ($180.4M) and up 74.6% vs. Q4 2024. Net operating income (non‑GAAP) was $235.2M ($3.08 per diluted share).

Revenue and Net Interest Income

Total revenue was $720.9M, up 66.0% year‑over‑year and 6.3% quarter‑over‑quarter. Net interest income was $522.5M (+94.3% YoY, +10.0% QoQ), driven by loan and securities growth and lower deposit funding costs.

Net Interest Margin

Net interest margin (FTE) was 3.29% in Q4 2025, up 72 basis points YoY and +25 bps from Q3 2025, reflecting mix/repricing benefits and increased noninterest-bearing balances.

Fees and Noninterest Income

Noninterest income totaled $198.4M, up 20.1% YoY but down slightly QoQ (-2.4%). Growth was led by trust/fund services, bankcard interchange, and service charges (partly from the HTLF acquisition).

Expenses and Acquisition Costs

GAAP noninterest expense was $425.6M (included $39.7M acquisition‑related and other nonrecurring costs). Operating noninterest expense (non‑GAAP) was $391.8M. GAAP efficiency ratio improved to 55.5% (operating efficiency ratio 50.82%).

Balance Sheet Growth

Average loans were $38.3B (up $13.1B, +51.6% YoY; linked‑quarter annualized +13.0%) and end‑of‑period loans were $38.8B. Average deposits were $57.6B (up 51.4% YoY) and end deposits were $60.7B. Total assets increased to $73.1B (+45.0% YoY).

Capital

Total shareholders' equity was $7.69B at 12/31/2025; book value per common share $97.65 and tangible book $67.02. Regulatory capital ratios remain above well‑capitalized thresholds (CET1 10.96%, Tier 1 11.55%, total 13.36%).

Asset Quality

Net charge‑offs were $12.7M (0.13% of average loans) in Q4 2025, improving from Q3. Nonaccrual and restructured loans were $144.7M (0.37% of total loans). Provision for credit losses was $25.0M for the quarter.