Previous close | 4.1000 |
Open | N/A |
Bid | 0.6000 |
Ask | 5.4000 |
Strike | 90.00 |
Expiry date | 2024-09-20 |
Day's range | 4.1000 - 4.1000 |
Contract range | N/A |
Volume | |
Open interest | 1 |
While the top- and bottom-line numbers for UMB (UMBF) give a sense of how the business performed in the quarter ended March 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
First Quarter 2024 Results Surpass Analyst Expectations Amid Economic Challenges
Regional lender UMB Financial Corp has agreed to buy smaller rival Heartland Financial in an all-stock deal valued at about $2 billion, the banks said on Monday. Shares of UMB fell 6% to $78.21 in early trading after the company said Heartland stockholders will receive 0.55 shares for each stock they own, valuing the company at $45.74 a share - a 28% premium to Heartland's last closing price. "As we did our due diligence, we came to realize that their (Heartland's) strong deposit franchise was undervalued by the market at large," UMB CEO Mariner Kemper said on a call with analysts.