Piper Sandler (NYSE:PIPR) analyst Nathan Race maintained a Hold rating on UMB Financial (NASDAQ:UMBF) Corp on Tuesday, setting a price target of $48, which is approximately 3.11% below the present share price of $49.54.
Race expects UMB Financial Corp to post earnings per share (EPS) of $1.26 for the third quarter of 2020.
The current consensus among 4 TipRanks analysts is for a Moderate Buy rating of shares in UMB Financial, with an average price target of $55.75.
The analysts price targets range from a high of $66 to a low of $48.
In its latest earnings report, released on 06/30/2020, the company reported a quarterly revenue of $280.53 million and a net profit of $0. The company's market cap is $2.38 billion.
According to TipRanks.com, Piper Sandler analyst Nathan Race is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -9.8% and a 27.19% success rate.
UMB Financial Corp. operates as a financial holding company, which engages in the provision of bank and asset services. It operates through the Commercial Banking, Institutional Banking, Personal Banking, and Healthcare Services (NASDAQ:HCSG). The Commercial Banking serves the commercial lending and leasing, capital markets, and treasury management needs of the company's mid-market businesses and governmental entities by offering various products and services. The Institutional Banking is a combination of banking services, fund services, and asset management services provided to institutional clients. The Personal Banking combines consumer services and asset management provided to personal clients. The Healthcare Services provides healthcare payment solutions including custodial services for health savings accounts and private label, multipurpose debit cards to insurance carriers, third-party administrators, software companies, employers, and financial institutions. The company was founded was founded in 1967 and is headquartered in Kansas City, MO.