What does bank — income tax expense benefit mean?

The tax cost or benefit attributed to the banking segment's earnings.

How do you interpret bank — income tax expense benefit?

Fluctuations generally track with pre-tax income levels, though changes in effective tax rates can also influence this figure.

How does bank — income tax expense benefit compare across companies?

Standard tax allocation metric for segment reporting.

UMB Financial UMBF Bank — Income Tax Expense Benefit

Discontinued — last reported Q4 '17

Similar metrics at other companies

ONBBanking — Income Tax Expense Benefit

$10.83M+16.5%

MTBBusiness Banking — Income Tax Expense Benefit

$27.64M+50.8%

CFGOperating Segments — Income Tax Expense Benefit

$136M-13.9%

KEYCorporate Banking — Income Tax Expense Benefitand Taxable Equivalent Adjustments

$25M-30.6%

MTBOperating Segments — Income Tax Expense Benefit

$221.95M+7.6%

BACConsumer Banking — Income Tax Expense (Benefit), Full Tax Equivalent Basis

$1.02B+20.9%

Other financials

Income statement

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Revenue$739.2M+31.1%

Net income$261.4M+221%

EPS (diluted)$3.35+177%

Balance sheet

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Total debt$477.2M-27.1%

Total equity$7.8B+16.0%

Total assets$72.7B+4.8%

Cash flow

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Operating cash flow$361.3M-0.5%

CapEx$4.5M-48.8%

Free cash flow$356.8M+0.7%

Valuation

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Market cap$10.11B+16.9%

P/E11.5×-9.5×

P/S3.6×-1.2×

Profitability

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Net margin31.2%+8.2pp

FCF margin34.7%—

Returns & leverage

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Return on equity12.1%+3.8pp

Debt / equity0.1×0.0×

Where this comes from

Reported directly by UMB Financial in its filing.

Tagged under the XBRL concept us-gaap:IncomeTaxExpenseBenefit.

The official record: UMB Financial’s 10-K, filed February 22, 2018, on SEC EDGAR. View the filing →

Questions, answered.

What does bank — income tax expense benefit mean?: The tax cost or benefit attributed to the banking segment's earnings.
How do you interpret bank — income tax expense benefit?: Fluctuations generally track with pre-tax income levels, though changes in effective tax rates can also influence this figure.
How does bank — income tax expense benefit compare across companies?: Standard tax allocation metric for segment reporting.