UMB Financial Corporation reported fourth-quarter adjusted earnings of $3.08 per share, exceeding the consensus estimate of $2.71. This marks a 24% year-over-year increase from $2.49 per share in Q4 2024. Net income rose to $98.3 million, up from $80.1 million a year earlier, driven by both higher interest margins and disciplined expense management.

Net interest income climbed 7.8% year-over-year to $174.2 million, reflecting a 27 basis-point expansion in net interest margin to 3.15%. The loan portfolio grew 5.2% sequentially, supported by commercial and healthcare lending. Non-interest income held relatively steady at $65.7 million, with treasury management fees rising 4.3% offsetting modest declines in mortgage banking revenue.

The board authorized a quarterly common dividend of $0.43 per share, payable April 1, 2026, to shareholders of record March 10. It also approved a preferred dividend of $193.75 per share on Series B 7.75% preferred stock (equivalent to $0.484375 per depositary share), payable April 15 to holders of record March 31. Tangible common equity ratio stood at a robust 8.9%, supporting continued shareholder distributions and strategic investments.