RBC cuts target for UMB Financial stock from USD 170 to USD 168

Published on 10/18/2026 at 12:46 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

UMB Financial prepares to report third-quarter results on October 27, 2026. UMB Financial stock follows 40.7 percent St. Louis asset growth.

Results and management changes

UMB Bank appointed Aaron Randolph on October 15, 2026, after St. Louis assets grew 40.7 percent.
Second-quarter revenue reached USD 778.00 million and diluted earnings per share were USD 3.56.
UMB Financial had a USD 10.0 billion market capitalization on October 16, 2026.
Third-quarter results are scheduled for October 27, 2026.

UMBF, US9027881088, Illustration mit AI erstellt.

RBC Capital lowered its price target for UMB Financial from USD 170.00 to USD 168.00 on October 9, 2026, while keeping an Outperform rating, as Markets Insider reported. The revision places valuation in the foreground before UMB Financial reports its third-quarter results.

Management change follows asset growth

UMB Bank appointed Aaron Randolph as St. Louis market president on October 15, 2026, after the region's asset base increased 40.7 percent over the previous year, according to Simply Wall St. The appointment gives the bank a named operating development alongside the analyst debate about earnings durability.

What does the next report test?

UMB's second-quarter results provide the latest reported baseline. Revenue reached USD 778.00 million and diluted earnings per share were USD 3.56 for the quarter ended June 30, 2026, according to MarketBeat. The same report showed earnings per share above the USD 3.12 consensus estimate, a USD 0.45 difference that sets a measurable hurdle for the next release.

Three dates frame the story

On July 28, 2026, UMB Financial reported second-quarter revenue of USD 778.00 million and earnings per share of USD 3.57, according to MarketBeat. On October 9, RBC Capital cut its target from USD 170.00 to USD 168.00. On October 15, UMB Bank appointed Randolph after 40.7 percent asset growth in St. Louis.

Upcoming reporting schedule

UMB Financial plans to release third-quarter results after the market closes on October 27, 2026. The conference call is scheduled for October 28, 2026, at 9:30 a.m. ET.

Market value and investor lens

UMB Financial had a market capitalization of USD 10.0 billion on October 16, 2026. Its Nasdaq close was USD 131.10 that day, while the reported 52-week range was USD 103.38 to USD 153.32. The next earnings release will show whether the second-quarter revenue and earnings profile continued into the third quarter.

The further course of trading is shown by the continuously updated real-time quote of UMB Financial stock.