$UMBF · UMB FINANCIAL CORP
UMB Financial Corporation reported Q3 2026 results via 8-K, with GAAP net income available to common shareholders of $272.3M ($3.56/diluted share), up 51.0% YoY. Total revenue reached $772.4M (+13.9% YoY), driven by net interest income of $540.0M (+13.7% YoY) and noninterest income of $232.4M (+14.3% YoY). Net interest margin held at 3.32% FTE. The Board declared a $0.50 quarterly dividend, up from $0.40, payable January 4, 2027.
- GAAP net income available to common shareholders of $272.3M, or $3.56 per diluted share, up 51.0% YoY from $180.4M.
- Total revenue of $772.4M, up 13.9% YoY; net interest income rose 13.7% to $540.0M.
- Record gross loan production of $3.1B; average loans grew 11.1% linked-quarter annualized to $41.7B.
- Net interest margin (FTE) of 3.32%, flat linked-quarter and up 28 bps from 3.04% in Q3 2025.
- Quarterly dividend increased to $0.50 per share from $0.40, payable January 4, 2027.
Extended-hours trading shows UMBF at $133.80, essentially flat vs the regular-session close of $133.80. The strong YoY earnings growth and dividend hike appear largely priced in, with the modest sequential dip in operating PTPP ($373.0M vs $380.1M linked-quarter) potentially tempering enthusiasm.
UMBF delivered 51% YoY earnings growth with record loan production and a dividend hike, signaling confidence despite macro uncertainty — a standout among regional banks.
UMBF's 3.32% NIM and 48.71% efficiency ratio stand out favorably among regional banks, many of which are still struggling with deposit cost pressure. The HTLF acquisition (closed January 2025) continues to contribute meaningfully to YoY comparisons.
Management flagged persistent inflation, Middle East conflict, and higher short- and long-term interest rates as potential headwinds. Net charge-offs of $14.0M (13 bps of average loans) remain manageable but bear watching in a prolonged high-rate environment.