Umb Financial
UMBF · NasdaqNational Commercial Banks · Fiscal year ends Dec 31
Net income was $702M. Operating cash flow of $1B less capital expenditure of $49M left free cash flow of $978M. It held more cash than debt (net cash $7.3B).
Last 5 fiscal years
Revenue and net income
Income statement
| Fiscal year | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Net interest incomeBanks | $816M | $914M | $920M | $1B | $1.9B |
| Interest expense | $46M | $224M | $919M | – | – |
| Pre-tax income | $429M | $532M | $422M | $541M | $875M |
| Income tax | $76M | $100M | $72M | $100M | $173M |
| Net income | $353M | $432M | $350M | $441M | $702M |
| Diluted EPS | 7.24 | 8.86 | 7.18 | 8.99 | 9.29 |
| Diluted shares | 49M | 49M | 49M | 49M | 74M |
Balance sheet
| Fiscal year | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Cash & equivalents | $9.2B | $1.6B | $5.5B | $8.4B | $7.8B |
| Net PP&E | $271M | $264M | $242M | $222M | $398M |
| Goodwill | $175M | $207M | $207M | $207M | $1.8B |
| Total assets | $42.7B | $38.5B | $44B | $50.4B | $73.1B |
| Short-term debt | – | – | $1.8B | – | – |
| Long-term debt | $272M | $381M | $383M | $385M | $474M |
| DepositsBanks | $35.6B | $32.6B | $35.8B | $43.1B | $60.7B |
| Total liabilities | $39.5B | $35.8B | $40.9B | $46.9B | $65.4B |
| Shareholders' equity | $3.1B | $2.7B | $3.1B | $3.5B | $7.7B |
Cash flow
| Fiscal year | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Operating cash flow | $534M | $770M | $473M | $225M | $1B |
| Capital expenditure | $34M | $52M | $23M | $20M | $49M |
| Free cash flow | $500M | $718M | $450M | $205M | $978M |
| Depreciation & amortisation | $56M | $54M | $59M | $53M | $142M |
| Stock-based compensation | $21M | $21M | $19M | $23M | $38M |
| Share buybacks | $6M | $32M | $8M | $8M | $18M |
| Dividends paid | $67M | $72M | $74M | $77M | $136M |
| Dividend per share | 1.38 | 1.49 | 1.53 | 1.57 | 1.63 |
Key ratios
| Fiscal year | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| EPS growth (YoY) | – | 22.4% | −19.0% | 25.2% | 3.3% |
| Return on equityBlank when equity is negative | 11.2% | 16.2% | 11.3% | 12.7% | 9.1% |
| Cash conversion (CFO ÷ net income) | 1.51x | 1.78x | 1.35x | 0.51x | 1.46x |
| Debt ÷ equity | 0.09x | 0.14x | 0.70x | 0.11x | 0.06x |
| Net debtDebt − cash & equivalents; excludes investments; negative = net cash | −$8.9B | −$1.2B | −$3.3B | −$8.1B | −$7.3B |
Recent filings
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Standardised figures from the company's XBRL filings with the SEC (10-K, 10-Q). Line items follow US GAAP tags, so a company's own statement layout may differ and some lines show “–” where the company does not report that item. Ratios are calculated from these figures. For education only; not investment advice or a recommendation.