UMB Financial Corp (OQ:UMBF)

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
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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

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