UMB Financial Corporation Depositary Shares Each Representing a 1/400th Interest in a Share of 7.750% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock Series B (UMBFO)

FairStock Score: 77/100 — HIGH CONVICTION

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

I look at UMBFO not as a common stock but as a claim on UMB Financial’s earnings, ranked ahead of common but behind creditors. The underlying bank is a FairStock Stalwart, with profits growing about 19.6% a year over five years. Filed figures show net income of $350.0M in FY2023, $441.2M in FY2024, and $702.4M in FY2025; diluted EPS rose from $7.18 to $8.99 to $9.29. In fiscal Q2 2026, the quarter ended 2026-06-30, net income was $277.6M and diluted EPS $3.56, up from $2.82 in fiscal Q2 2025. FairStock puts ROE at 12.31% and price-to-book at 0.25 based on the 2026-10-13 close, with a FairStock score of 77/100 and Piotroski 6/9. Those are respectable, though bank leverage and credit risk are not fully visible here. The preferred yields 7.67% at the $25.25 close, near the $25.10 low of its 52-week range. For a non-cumulative perpetual preferred, that yield compensates for real risks: dividends can be skipped, there is no maturity, and a fixed-rate reset could change the payout later. I cannot see CET1, net interest margin, or credit metrics in this data, and combined ratio does not apply to a bank. The bank’s earnings consistency is a point in favor. At roughly par, the preferred looks fairly priced for the risk, not a giveaway.

In plain English: UMB Financial is a regional bank that earns money from loans, commercial banking, and asset services. The bank has been profitable and its profits have grown over the last few years, which supports its preferred stock dividend. The preferred shares yield about 7.7% and trade near the low end of their 52-week range, so the market is pricing in some caution even though the underlying bank looks reasonably steady.

The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.

Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Sources (SEC EDGAR): fiscal Q2 2026 10-Q (period ended 2026-06-30) · fiscal Q1 2026 10-Q (period ended 2026-03-31) · fiscal Q3 2025 10-Q (period ended 2025-09-30) · fiscal Q2 2025 10-Q (period ended 2025-06-30) · FY2025 10-K (period ended 2025-12-31) · FY2024 10-K (period ended 2024-12-31) · FY2023 10-K (period ended 2023-12-31)

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer