UMB Financial Corporation (UMBF)

UMB Financial Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Interest Income on Loans	1,583	1,400	810.01	619.27	585.96	637.85
Interest Income on Investments	529.29	438.74	327.51	242.25	222.53	225.05
Total Interest Income	2,113	1,839	1,138	861.52	808.49	862.89
Interest Paid on Deposits	940.84	704.21	167.55	26.41	58.21	154.19
Interest Paid on Borrowings	209.36	214.38	56.17	19.59	19.05	37.8
Total Interest Expense	1,150	918.59	223.72	46	77.26	191.99
Net Interest Income	962.44	920.12	913.8	815.52	731.23	670.91
Net Interest Income Growth (YoY)	2.96%	0.69%	12.05%	11.53%	8.99%	9.90%
Trust Income	280.29	257.2	237.21	224.13	194.65	176.91
Income From Trading Activities	23.79	19.63	23.2	30.94	32.95	23.47
Gain (Loss) on Sale of Assets	4.34	4.34	3.06	2.67	0.8	0.37
Gain (Loss) on Sale of Investments	11.14	-3.14	58.44	5.06	120.63	2.25
Other Non-Interest Income	199.15	178.87	147.15	118.33	127.27	141.02
Total Non-Interest Income	603.16	541.85	554.23	467.18	560.17	426.77
Non-Interest Income Growth (YoY)	14.43%	-2.23%	18.63%	-16.60%	31.26%	6.24%
Revenues Before Loan Losses	1,566	1,462	1,468	1,283	1,291	1,098
Provision for Loan Losses	42.05	41.23	37.9	20	130.5	32.85
Revenue	1,524	1,421	1,430	1,263	1,161	1,065
Revenue Growth (YoY)	7.93%	-0.66%	13.26%	8.77%	9.02%	13.11%
Salaries and Employee Benefits	545.5	534.73	502.94	483.23	480.34	446.6
Occupancy Expenses	48.56	48.5	48.85	47.35	34.68	47.77
Federal Deposit Insurance	85.83	77.01	15.38	11.89	10.28	11.49
Amortization of Goodwill & Intangibles	7.84	8.59	5.04	4.76	6.52	5.51
Selling, General & Administrative	286.58	263.09	256.36	233.09	227.83	222.59
Other Non-Interest Expense	71.99	67.23	69.56	53.31	62.36	44.91
Total Non-Interest Expense	1,046	999.14	898.12	833.64	822.01	778.86
EBT Excluding Unusual Items	477.25	421.6	532.01	429.06	338.89	285.97
Pretax Income	477.25	421.6	532.01	429.06	338.89	285.97
Income Tax Expense	85.08	71.58	100.33	76.04	52.39	42.37
Earnings From Continuing Operations	392.17	350.02	431.68	353.02	286.5	243.6
Net Income	392.17	350.02	431.68	353.02	286.5	243.6
Net Income to Common	392.17	350.02	431.68	353.02	286.5	243.6
Net Income Growth	3.40%	-18.92%	22.28%	23.22%	17.61%	24.60%
Basic Shares Outstanding	49	49	48	48	48	49
Diluted Shares Outstanding	49	49	49	49	48	49
Shares Change (YoY)	0.41%	0.03%	0.02%	0.82%	-1.52%	-1.37%
EPS (Basic)	8.06	7.22	8.93	7.31	5.95	4.99
EPS (Diluted)	8.01	7.18	8.86	7.24	5.93	4.96
EPS Growth	2.85%	-18.96%	22.38%	22.09%	19.56%	26.37%
Dividend Per Share	1.560	1.530	1.490	1.380	1.250	1.210
Dividend Growth	2.63%	2.68%	7.97%	10.40%	3.31%	3.42%
Effective Tax Rate	17.83%	16.98%	18.86%	17.72%	15.46%	14.81%

Source: S&P Capital IQ. Banks template. Financial Sources.