Regional banks post mixed Q1 as UMB Financial leads, BankUnited lags

Earnings
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Summary · why it matters

Regional bank stocks delivered a mixed first quarter, with the 91 companies tracked reporting revenues in line with analyst expectations. First Hawaiian Bank posted revenue of $220.3 million, up 4.4% year on year, matching estimates. UMB Financial was the standout, with revenue of $744.8 million, up 29.3% and beating expectations by 5.4%, while BankUnited was the weakest, with revenue of $273.8 million, up 6.1% but missing estimates by 5.1%. Fifth Third Bancorp reported revenue of $2.86 billion, up 32.2%, in line with expectations, and City Holding posted revenue of $79.49 million, up 6.4%, also meeting estimates. Despite the mixed results, share prices have been resilient, rising 7.6% on average since the earnings reports.

Impact on stocks 5

Financials± Mixed · 5 stocks
BankUnited Inc
BKU
▼ NegativeCapitalrelevance

Revenue missed estimates by 5.1%, indicating weaker financial performance.