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Citi Maintains UMB Financial(UMBF.US) With Buy Rating, Raises Target Price to $130

Moomoo News ·  Oct 31 22:32  · Ratings

Citi analyst Ben Gerlinger maintains $UMB Financial (UMBF.US)$ with a buy rating, and adjusts the target price from $127 to $130.

According to TipRanks data, the analyst has a success rate of 75.4% and a total average return of 18.5% over the past year.

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Furthermore, according to the comprehensive report, the opinions of $UMB Financial (UMBF.US)$'s main analysts recently are as follows:

  • UMB Financial is anticipated to have a robust pipeline for the fourth quarter and demonstrate high betas in response to declining rates on indexed deposits, all while maintaining strong credit trends.

  • The acceleration of net interest income growth is anticipated to continue into Q4 due to increasing balance sheet momentum. While the upcoming deal is expected to close in Q1 2025 and may temper the recent growth trends, the outlook for the second half of 2025 and into 2026 appears favorable. Nevertheless, potential near-term fluctuations may present more advantageous entry points.

Note:

TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.

Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.

TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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