UMB Financial's Interest Income Growth Faces a Book-Value Test

UMB Financial's net interest income grew at a 21.7% annualized rate over five years, according to a StockStory review. The publisher said the pace outstripped both the broader banking industry and the company's total revenue growth.

The review also highlighted the bank's net interest margin, which averaged 3.1% over two years and rose by 78.4 basis points. StockStory said the increase supported net interest income. Net interest margin reflects the spread between interest income and interest expenses.

StockStory flagged tangible book value per share as a concern. The measure grew at an annual rate of 8.9% over the past two years, a pace the publisher described as mediocre.

UMB Financial provides banking, asset management and fund services to commercial, institutional and individual customers. The article said the shares had gained 23.5% over six months, compared with a 21.4% return for the S&P 500.

The article listed the stock at $135.87. As of 16:34 UTC on Sept. 28, shares traded at $133.82, down 1.47% since the previous close.