Sector: Financials | Industry: Banks |
See Regulatory Filings on SEC |
Company Contact | |
Address: | 1010 Grand Ave KANSAS CITY MO 64106 |
Tel: | 1-816-8607106 |
Website: | https://www.umb.com |
IR: | See website |
Key People | ||
J. Mariner Kemper Chairman of the Board, Chief Executive Officer | Stacy King Executive Vice President, Chief Risk Officer | James D. Rine President |
Ram Shankar Chief Financial Officer, Executive Vice President | Phil Mason President of Institutional Banking | Nikki Farentino Newton President of Private Wealth Management of UMB Bank |
Abigail Wendel President of Consumer Banking of UMB Bank | Robert Brian Beaird Executive Vice President, Chief Human Resource Officer | Shannon A. Johnson Executive Vice President, Chief Administrative Officer | Uma Wilson Executive Vice President, Chief Information and Product Officer |
Business Overview |
UMB Financial Corporation is a financial services company. The Company offers commercial banking, which includes comprehensive deposit, lending and investment services, personal banking, which includes wealth management and financial planning services, and institutional banking, which includes asset servicing, corporate trust solutions, investment banking, and healthcare services. Its segments include Commercial Banking, which serves the commercial banking and treasury management needs of the Company's small to middle-market businesses through a range of products and services; Institutional Banking segment, which is a combination of banking services, fund services, asset management services and healthcare services provided to institutional clients, and Personal Banking segment that combines consumer banking and wealth management services offered to clients and delivered through personal relationships and its bank branches, automated teller machine (ATM) network and Internet banking. |
Financial Overview |
For the three months ended 31 March 2024, UMB Financial Corp interest income increased 27% to $520.1M. Net interest income after loan loss provision increased 5% to $229.4M. Net income increased 19% to $110.3M. Net interest income after loan loss provision reflects increase in interest earning assets and decrease in interest bearing liabilities. Net income benefited from Investment securities (losses) gains. |
Employees: | 3,599 as of Dec 31, 2023 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $8,077M as of Mar 31, 2024 |
Annual revenue (TTM): | $1,950M as of Mar 31, 2024 |
EBITDA (TTM): | $624.35M as of Mar 31, 2024 |
Net annual income (TTM): | $367.85M as of Mar 31, 2024 |
Free cash flow (TTM): | N/A |
Net Debt Last Fiscal Year: | $4,052M as of Mar 31, 2024 |
Shares outstanding: | 48,744,208 as of Apr 25, 2024 |
Index Membership: | S&P 400 Mid Cap |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |