Is UMB Financial Corp. overvalued or undervalued?

As of 21 November 2025, the valuation grade for UMB Financial Corp. has moved from attractive to fair, indicating a shift in its perceived value. The company appears to be fairly valued at this time. Key valuation ratios include a P/E ratio of 21, a Price to Book Value of 1.28, and a ROE of 6.11%.
In comparison to its peers, UMB Financial Corp. has a P/E ratio that is lower than Comerica, Inc. at 21.53 but higher than Old National Bancorp at 15.09. Additionally, Zions Bancorporation has a notably lower P/E ratio of 10.08, suggesting that UMB may not be as attractive as some of its peers. Over the past year, UMB Financial Corp. has returned -12.63%, underperforming the S&P 500's return of 11.00%, which reinforces the notion that the stock may not be positioned favorably in the current market landscape.