Kevin Charles Gallagher, a director at UMB Financial Corp, sold 370 shares of common stock on October 30, 2026, for $49,883 at $134.82 per share. Following the sale, Gallagher directly holds 11,492.668 shares, with additional indirect beneficial ownership of 8,130.113 shares through an IRA and 449.139 shares through a Roth IRA.
UMB Financial surpassed Wall Street estimates in the third quarter of 2026, reporting earnings per share of $3.56 versus the projected $3.21 and revenue of $772.4 million against a forecast of $742.45 million. Net income rose to $272.3 million, driven by balance-sheet growth and stable margin performance. Loan production reached $3.1 billion, though management anticipates a slowdown in the fourth quarter.
The company attributed its results to exceptional credit quality, steady net interest margins, and expansion in fee income businesses. UMB Financial highlighted growth in fund services, corporate trust, private wealth, and custody, alongside early adoption of AI technology. The stock has climbed 27.6% over the past year and currently trades at $134.47 with a market capitalization of $10.34 billion.