Weekly Investment Analysts’ Ratings Updates for UMB Financial (UMBF)

Several brokerages have updated their recommendations and price targets on shares of UMB Financial (NASDAQ: UMBF) in the last few weeks:

• 10/9/2026 – UMB Financial had its price target lowered by Royal Bank Of Canada from $170.00 to $168.00. They now have an “outperform” rating on the stock.
• 10/5/2026 – UMB Financial had its price target lowered by TD Cowen from $166.00 to $152.00. They now have a “buy” rating on the stock.
• 10/1/2026 – UMB Financial had its price target lowered by JPMorgan Chase & Co. from $180.00 to $160.00. They now have an “overweight” rating on the stock.
• 9/29/2026 – UMB Financial had its price target lowered by Wells Fargo & Company from $160.00 to $147.00. They now have an “equal weight” rating on the stock.
• 9/28/2026 – UMB Financial had its price target lowered by Morgan Stanley from $190.00 to $182.00. They now have an “overweight” rating on the stock.
• 9/14/2026 – UMB Financial is now covered by UBS Group AG. They set a “neutral” rating and a $155.00 price target on the stock.
• 9/14/2026 – UMB Financial is now covered by UBS Group AG. They set a “neutral” rating and a $155.00 price target on the stock.
• 9/8/2026 – UMB Financial had its price target raised by Morgan Stanley from $159.00 to $190.00. They now have an “overweight” rating on the stock.
• 8/27/2026 – UMB Financial is now covered by Raymond James Financial, Inc.. They set an “outperform” rating and a $165.00 price target on the stock.
• 8/27/2026 – UMB Financial was upgraded by Raymond James Financial, Inc. to “moderate buy”.
• 8/20/2026 – UMB Financial is now covered by JPMorgan Chase & Co.. They set an “overweight” rating and a $180.00 price target on the stock.

UMB Financial Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, October 1st. Stockholders of record on Thursday, September 10th were issued a dividend of $0.50 per share. The ex-dividend date was Thursday, September 10th. This is a boost from UMB Financial’s previous quarterly dividend of $0.43. This represents a $2.00 annualized dividend and a dividend yield of 1.5%. UMB Financial’s dividend payout ratio (DPR) is currently 16.65%.

Insider Activity

In other UMB Financial news, Director Greg Graves bought 573 shares of the stock in a transaction on Tuesday, September 1st. The stock was purchased at an average price of $139.60 per share, with a total value of $79,990.80. Following the acquisition, the director owned 40,463 shares of the company’s stock, valued at approximately $5,648,634.80. The trade was a 1.44% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Phillip Mason sold 800 shares of the firm’s stock in a transaction dated Tuesday, August 4th. The stock was sold at an average price of $147.00, for a total value of $117,600.00. Following the transaction, the insider owned 8,894 shares in the company, valued at approximately $1,307,418. This trade represents a 8.25% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 25,544 shares of company stock worth $3,775,862. 5.33% of the stock is currently owned by insiders.

UMB Financial Corporation is a financial services holding company headquartered in Kansas City, Missouri. Its principal subsidiary, UMB Bank, provides banking and financial services to businesses, institutions, governments and individuals. The company traces its history to 1913 and has developed a regional banking franchise with additional capabilities serving customers nationwide.

UMB’s business activities include commercial and personal banking, treasury management, lending, deposit services and payment solutions.