UMB Financial Corporation (UMBF) Financial Results Summary

# UMB Financial Corporation (UMBF) Q2 2025 Financial Results Summary

KANSAS CITY, Mo. (July 29, 2025) – UMB Financial Corporation announced its second quarter 2025 financial results, highlighting significant growth across various metrics compared to both the previous quarter and the second quarter of 2024.

### Second Quarter 2025 Financial Highlights

– **Net Income:**
– GAAP net income available to common shareholders: **$215.4 million** or **$2.82** per diluted share, a **112.5%** increase compared to the second quarter of 2024.
– Net operating income available to common shareholders: **$225.4 million** or **$2.96** per diluted share, up **112.9%** from the same quarter in 2024.

– **Pre-Tax Income:**
– Operating pre-tax, pre-provision (PTPP) income: **$309.2 million**, compared to **$233.3 million** in Q1 2025.

– **Returns:**
– Return on average assets: **1.29%**, up from **0.96%** in Q2 2024.
– Return on average common equity: **12.7%**, compared to **12.73%** in Q2 2024.

– **Efficiency Ratio:**
– Improved to **53.4%** compared to **63.4%** in the second quarter of 2024.

– **Interest Income:**
– Net interest income of **$467.0 million**, an increase of **17.4%** from Q1 2025.
– Net interest margin (fully taxable equivalent basis): **3.10%**, up **14 basis points** from the linked quarter.

– **Loans and Deposits:**
– Average loans increased by **12.7%** on a linked-quarter basis to **$36.4 billion**; a year-over-year increase of **52.9%**.
– Average deposits increased **10.7%** on a linked-quarter basis to **$55.6 billion**, with year-over-year growth of **62.1%**.

– **Total Assets:**
– Total assets at June 30, 2025: **$71.8 billion**, up **61.4%** from **$44.5 billion** at the same time in 2024.

– **Charge-Offs and Asset Quality:**
– Net charge-offs improved to **17 basis points** of average loans; nonperforming loans improved to **0.02%** of total loans, down from **0.03%** in Q1 2025.

– **Dividends:**
– Declared a **$0.40** per share quarterly cash dividend, payable on October 1, 2025.
– Also declared a dividend of **$264.79** per share for Series B preferred stock, payable on October 15, 2025.

– **Expenses:**
– Total expenses for the quarter: **$393.2 million**, which included **$13.5 million** in acquisition-related costs and **$8.3 million** in charitable contributions. This marks a **57.9%** increase compared to Q2 2024.

– **Investment Gains:**
– Approximately **$37.7 million** in pre-tax gains from investments in private entities; notably **$29.4 million** from Voyager Technologies, Inc. which went public in June 2025.

– **Tier 1 Capital:**
– Completed an offering of Series B non-cumulative perpetual preferred stock, netting **approximately $294.1 million** in Tier 1 regulatory capital.

### Year-to-Date Summary (YTD 2025)
– Net income available to common shareholders for the six months ended June 30, 2025: **$294.7 million**, compared to **$211.6 million** for the same period in 2024.

### Conclusion
UMB Financial Corporation’s Q2 2025 results demonstrate remarkable growth across numerous financial metrics, largely driven by loan and deposit increases, effective expense management, and strategic investments. The company remains focused on integrating acquired operations and maintaining asset quality, positioning itself for future growth.

For further details, UMB will host a conference call on July 30, 2025, at 8:30 a.m. (CT) to discuss the earnings results.

Here are the extracted tables from the press release, formatted in Markdown:

### Consolidated Statements of Income
(unaudited, dollars in thousands except per share data)