UMB Financial posts strongest Q1 results among regional banks

Earnings
โดย Yahoo Finance·Read original
Summary · why it matters

UMB Financial reported first-quarter revenues of $744.8 million, up 29.3% year on year and exceeding analyst expectations by 5.4%, making it the strongest performer among the 91 regional banks tracked. The company also beat estimates on earnings per share and net interest income. OFG Bancorp posted revenues of $185.8 million, up 4.2% and beating estimates by 4.8%, while BankUnited reported $273.8 million, up 6.1% but missing estimates by 5.1%. First Financial Bancorp and Fifth Third Bancorp also reported results, with First Financial's revenues rising 26.1% to $265.8 million and Fifth Third's increasing 32.2% to $2.86 billion.

Impact on stocks 5

Financials± Mixed · 5 stocks
UMB Financial Corporation
UMBF
▲ PositiveCapitalrelevance

UMB Financial posted strongest Q1 results among regional banks, beating revenue estimates by 5.4%

OFG Bancorp
OFG
▲ PositiveCapitalrelevance

OFG Bancorp beat revenue estimates by 4.8%