Form 8-K
8-K — UMB FINANCIAL CORP
Accession: 0001193125-26-186932
Filed: 2026-04-28
Period: 2026-04-28
CIK: 0000101382
SIC: 6021 (NATIONAL COMMERCIAL BANKS)
Item: Results of Operations and Financial Condition
Item: Other Events
Item: Financial Statements and Exhibits
Documents
8-K — umbf-20260428.htm (Primary)
EX-99.1 (umbf-ex99_1.htm)
EX-99.2 (umbf-ex99_2.htm)
EX-99.3 (umbf-ex99_3.htm)
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8-K
8-K (Primary)
Filename: umbf-20260428.htm · Sequence: 1
8-K
0000101382false0000101382us-gaap:CommonStockMember2026-04-282026-04-2800001013822026-04-282026-04-280000101382us-gaap:SeriesBPreferredStockMember2026-04-282026-04-28
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): 04/28/2026
UMB FINANCIAL CORPORATION
(Exact name of registrant as specified in its charter)
Commission File Number: 001-38481
Missouri
43-0903811
(State or other jurisdiction of
(IRS Employer
incorporation)
Identification No.)
1010 Grand Blvd., Kansas City, MO 64106
(Address of principal executive offices, including zip code)
(816) 860-7000
(Registrant’s telephone number, including area code)
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐
Pre-commencement communications pursuant to Rule 13c-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities Registered Pursuant to Section 12(b) of the Act:
Title of each class
Trading Symbol(s)
Name of each exchange on which registered
Common Stock, $1.00 Par Value
UMBF
The NASDAQ Global Select Market
Depositary Shares, each representing a 1/400th interest in a share of 7.750% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series B
UMBFO
The NASDAQ Global Select Market
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 2.02 Results of Operations and Financial Condition
On April 28, 2026, UMB Financial Corporation (the “Company”) issued a press release announcing the financial results for the Company for the quarter ended March 31, 2026. A copy of the press release is attached as Exhibit 99.1 and the information is hereby incorporated by reference herein. The Company does not incorporate by reference information presented at any website referenced in the press release.
The Company is furnishing a copy of materials that will be used in the Company's shareholder conference call at 8:30 a.m. (CT) on April 29, 2026. A copy of the materials is attached as Exhibit 99.2 and will be available on the Company's website at www.umb.com. The materials are dated April 28, 2026, and the Company disclaims any obligation to correct or update any of the materials in the future.
The information contained in Item 2.02 of this Current Report on Form 8-K, including Exhibits 99.1 and 99.2 hereto, is being furnished and shall not be deemed to be “filed” with the Securities and Exchange Commission (“SEC”) for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”) or otherwise subject to the liabilities of that section and is not incorporated by reference into any filing of the Company under the Securities Act of 1933, as amended (the “Securities Act”), or the Exchange Act, whether made before or after the date hereof, except as shall be expressly set forth by specific reference to this Current Report on Form 8-K in such a filing.
Item 8.01 Other Events
On April 28, 2026, the Company issued a press release announcing the Board of Directors of the Company had declared a quarterly dividend of $0.43 per share that is payable on July 1, 2026 to stockholders of record of the Company's common stock as of the close of business on June 10, 2026. The Board of Directors of the Company also declared a dividend of $193.75 per share of the Company's Series B 7.750% preferred stock, which results in a dividend of $0.484375 per depositary share. The preferred stock dividend is payable on July 15, 2026, to stockholders of record of the Company's preferred stock as of the close on business on June 30, 2026.
The Company also announced that the Board has authorized the repurchase of up to two million shares of the Company's common stock from time to time until the meeting of the Board that immediately follows the 2027 annual meeting of the Company's shareholders.
Item 9.01 Financial Statements and Exhibits
99.1
Press Release announcing financial results for the quarter ended March 31, 2026.
99.2
Investor Presentation Materials, dated April 28, 2026.
99.3
Press Release announcing dividend declaration and share repurchase.
104
The cover page from this Current Report on Form 8-K, formatted in Inline XBRL.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
UMB FINANCIAL CORPORATION
By:
/s/ Ram Shankar
Ram Shankar
Chief Financial Officer
Date: April 28, 2026
EX-99.1
EX-99.1
Filename: umbf-ex99_1.htm · Sequence: 2
EX-99.1
Exhibit 99.1
UMB Financial Corporation News Release
1010 Grand Boulevard
Kansas City, MO 64106
816.860.7000
umb.com
//FOR IMMEDIATE RELEASE//
Media Contact: Stephanie Hollander: 816.729.1027
Investor Relations Contact: Kay Gregory: 816.860.7106
UMB Financial Corporation Reports First Quarter 2026 Results
First Quarter 2026 Financial Highlights
•
GAAP net income available to common shareholders of $255.6 million, or $3.35 per diluted common share, an increase of 222.3% as compared to the first quarter of 2025.
•
Net operating income available to common shareholders(i) of $259.8 million, or $3.41 per diluted common share, an increase of 53.8% as compared to the first quarter of 2025.
•
First quarter revenue totaled $739.2 million, a 31.1% increase as compared to the first quarter of 2025, and an increase of 2.5% from the fourth quarter of 2025.
•
Net interest income of $534.4 million, an increase of 34.4% as compared to the first quarter of 2025, and an increase of 2.3% from the fourth quarter of 2025.
•
Net interest margin on a fully taxable equivalent basis of 3.38%, up 42 basis points from the first quarter of 2025.
•
Noninterest income increased 23.2% to $204.8 million compared to the first quarter of 2025.
•
First quarter 2026 return on average assets of 1.47% and return on average common equity of 13.70%.
•
GAAP efficiency ratio improved to 48.4% as compared to 65.2% in the first quarter of 2025.
•
Average loans increased 10.8% on a linked-quarter, annualized basis to $39.4 billion; average loans increased $7.1 billion, or 21.9%, as compared to the first quarter of 2025. End-of-period loans were $40.1 billion at March 31, 2026.
•
Average customer funding that includes deposits and repurchase agreements increased 4.7% on a linked-quarter, annualized basis. Average noninterest-bearing demand deposits increased 10.4% on a linked-quarter, annualized basis to $15.1 billion.
•
Net charge-offs for the first quarter of 2026 totaled $18.9 million, equal to 19 basis points of average loans, compared to 45 basis points of average loans in the first quarter of 2025.
(i) A non-GAAP financial measure reconciled later in this release to the nearest comparable GAAP measure.
KANSAS CITY, Mo. (April 28, 2026) – UMB Financial Corporation (Nasdaq: UMBF), a financial services company, announced net income available to common shareholders for the first quarter of 2026 of $255.6 million, or $3.35 per diluted share, compared to $209.5 million, or $2.74 per diluted share, in the fourth quarter of 2025 (linked quarter) and $79.3 million, or $1.21 per diluted share, in the first quarter of 2025.
Net operating income available to common shareholders, a non-GAAP financial measure reconciled later in this release to net income available to common shareholders, the nearest comparable GAAP measure,
was $259.8 million, or $3.41 per diluted share, for the first quarter of 2026, compared to $235.2 million, or $3.08 per diluted share, for the linked quarter and $168.9 million, or $2.58 per diluted share, for the first quarter of 2025. Operating pre-tax, pre-provision income (operating PTPP), a non-GAAP measure reconciled later in this release to the components of net income before taxes, the nearest comparable GAAP measure, was $363.8 million, or $4.76 per diluted share, for the first quarter of 2026, compared to $329.1 million, or $4.31 per diluted share, for the linked quarter, and $233.3 million, or $3.57 per diluted share, for the first quarter of 2025. These operating PTPP results represent an increase of 10.5% on a linked-quarter basis and an increase of 55.9% compared to the first quarter of 2025.
“Our first quarter results are a continuation of the strong business momentum we are seeing across our lines of businesses,” said Mariner Kemper, UMB Financial Corporation chairman and chief executive officer.
“With a year under our belt since the consummation of the Heartland Financial acquisition, we are pleased with the outcomes and benefits derived from the merger. During the first quarter, average loans increased at a 10.8% annualized rate compared to the fourth quarter of 2025, aided by strong gross loan production of $2.3 billion which increased loan balances by $1.4 billion to $40.1 billion at March 31, 2026. Notwithstanding the geopolitical headlines, our borrowers remain resolute to handle any impacts from high gasoline prices and supply costs, as loan demand and our pipeline remain healthy. Other headlines around the private credit industry appear to exaggerate exposures and risks at regional banks. Private credit funds have and will always continue to be part of the capital formation ecosystem, and we are proud to partner with a few of the strongest players by providing asset servicing solutions to their funds. Our limited lending exposure to the private credit industry (<1% of total loans) is to high quality operators who have diversified holdings, strong credit structures and covenants, and low leverage, all underwritten to low loan-to-value metrics. The U.S. economy remains on sound footing but prolonged inflation, high interest rates, and the Middle East crisis have the potential to pose some risks; at UMB, we manage our balance sheet and businesses to weather all economic cycles, through underwriting discipline and prudent risk management practices. Such discipline is exemplified in our first quarter asset quality metrics, with net charge-offs averaging a modest 19 basis points of loans. Finally, our operating efficiency ratio improved to 47.6%, compared to 55.6% in the first quarter of 2025, while our operating return on average common equity improved to 13.9% from 12.5%.”
Mr. Kemper continued, "During the first quarter, we repurchased approximately 178,000 common shares totaling $19.9 million in capital returned to shareholders. At the April meeting, the Board of Directors increased the share repurchase authorization to two million shares, from one million shares previously."
First Quarter 2026 earnings discussion
Note: The acquisition of Heartland Financial USA, Inc. (HTLF) closed on January 31, 2025; as such, financial results for the fiscal periods since that date include the impact from the acquired operations. Financial results in the first quarter of 2025 include only two months of impact of the acquired operations of HTLF.
Summary of quarterly financial results
UMB Financial Corporation
(unaudited, dollars in thousands, except per common share data)
Q1
Q4
Q1
2026
2025
2025
Net income (GAAP)
$
261,438
$
215,355
$
81,333
Net income available to common shareholders (GAAP)
255,625
209,543
79,320
Earnings per common share - diluted (GAAP)
3.35
2.74
1.21
Operating pre-tax, pre-provision income (Non-GAAP)(i)
363,781
329,075
233,293
Operating pre-tax, pre-provision earnings per common share - diluted (Non-GAAP)(i)
4.76
4.31
3.57
Operating pre-tax, pre-provision income - FTE (Non-GAAP)(i)
372,494
337,837
240,798
Operating pre-tax, pre-provision earnings per common share - FTE - diluted (Non-GAAP)(i)
4.88
4.42
3.68
Net operating income available to common shareholders (Non-GAAP)(i)
259,809
235,206
168,878
Operating earnings per common share - diluted (Non-GAAP)(i)
3.41
3.08
2.58
GAAP
Return on average assets
1.47
%
1.20
%
0.54
%
Return on average common equity
13.70
11.27
5.86
Efficiency ratio
48.38
55.50
65.19
Non-GAAP(i)
Operating return on average assets
1.50
%
1.34
%
1.14
%
Operating return on average common equity
13.93
12.65
12.47
Operating efficiency ratio
47.64
50.82
55.56
(i) See reconciliation of Non-GAAP measures to their nearest comparable GAAP measures later in this release.
Summary of revenue
UMB Financial Corporation
(unaudited, dollars in thousands)
Q1
Q4
Q1
CQ vs.
CQ vs.
2026
2025
2025
LQ
PY
Net interest income
$
534,366
$
522,500
$
397,639
$
11,866
$
136,727
Noninterest income:
Trust and securities processing
94,667
92,428
79,781
2,239
14,886
Trading and investment banking
7,740
6,198
5,911
1,542
1,829
Service charges on deposit accounts
29,474
27,734
27,457
1,740
2,017
Insurance fees and commissions
255
236
178
19
77
Brokerage fees
21,089
20,495
18,102
594
2,987
Bankcard fees
28,878
29,052
26,293
(174
)
2,585
Investment securities gains (losses), net
3,046
2,157
(4,782
)
889
7,828
Other
19,644
20,069
13,258
(425
)
6,386
Total noninterest income
$
204,793
$
198,369
$
166,198
$
6,424
$
38,595
Total revenue
$
739,159
$
720,869
$
563,837
$
18,290
$
175,322
Net interest income (FTE)
$
543,079
$
531,262
$
405,144
Net interest margin (FTE)
3.38
%
3.29
%
2.96
%
Total noninterest income as a % of total revenue
27.7
27.5
29.5
Net interest income
•
First quarter 2026 net interest income totaled $534.4 million, an increase of $11.9 million, or 2.3%, from the linked quarter, driven primarily by decreased interest expense due to residual impacts of deposit repricing following the fourth-quarter reduction in short-term interest rates, as well as strong balance sheet growth as measured by a 2.7% increase in average loans and 2.6% increase in average noninterest-bearing demand deposit balances. These benefits were partially offset by the reduction in short-term interest rates, which impacted yields on loans and interest bearing due from bank balances, as well as two fewer days in the quarter.
•
Average earning assets increased $980.2 million, or 1.5%, from the linked quarter, largely driven by increases of $1.0 billion in average loans and $404.9 million in average federal funds and resell agreements, partially offset by a decrease of $517.7 million in average interest bearing due from bank.
•
Average interest-bearing liabilities increased $302.7 million, or 0.7%, from the linked quarter, primarily driven by an increase of $662.2 million, or 22.4%, in federal funds and repurchase agreements, partially offset by a decrease of $362.4 million, or 0.8%, in interest-bearing deposits. The linked-quarter increase in repurchase agreements was driven entirely by customer activity within the public funds and institutional banking segments.
•
Net interest margin for the first quarter was 3.38%, an increase of nine basis points from the linked quarter, due to lower yields on interest-bearing deposits driven by mix shift and repricing of deposits following the reduction in short-term interest rates, partially offset by lower benefit from free funds in a lower interest rate environment.
•
On a year-over-year basis, net interest income increased $136.7 million, or 34.4%, driven by an additional month of HTLF operations, higher purchase accounting accretion benefits, favorable repricing of deposits and loans in conjunction with lower short-term interest rates, and increases of $7.1 billion, or 21.9%, in average loans and $4.2 billion, or 26.2% in average securities. These increases were partially offset by a decrease of $2.6 billion, or 38.4% in average interest-bearing due from banks.
•
Average deposits increased 14.5% compared to the first quarter of 2025, reflecting strong organic growth as well as the impact of acquired HTLF balances. Average interest-bearing deposits increased 15.2%, and noninterest-bearing demand deposit balances increased 12.5% compared to the first quarter of 2025. Average demand deposit balances comprised 26.2% of total deposits, compared to 25.6% in the linked quarter and 26.7% in the first quarter of 2025.
Noninterest income
•
First quarter 2026 noninterest income increased $6.4 million, or 3.2%, on a linked-quarter basis, largely due to:
o
Increases of $1.7 million in fund services income and $1.0 million in corporate trust income, partially offset by a decrease of $0.4 million in trust income, all recorded in trust and securities processing.
o
Increase of $1.7 million in service charges on deposit accounts related to increased service charge income on interest-bearing checking accounts.
o
Increase of $1.5 million in trading and investment banking due to increases in municipal trading activity.
o
Increase of $0.9 million in investment securities gains primarily driven by a $3.0 million gain on the sale of a non-marketable security in the first quarter of 2026, coupled with
increases of $4.3 million in valuation of the company's marketable securities. These increases are partially offset by a $5.9 million gain on the sale of a non-marketable security recognized in the fourth quarter of 2025.
•
Compared to the prior year, noninterest income in the first quarter of 2026 increased $38.6 million, or 23.2%, primarily driven by:
o
An increase of $14.9 million in trust and securities processing driven by increases of $8.8 million in fund services income, $3.4 million in trust income, and $2.6 million in corporate trust income.
o
Increase of $7.8 million in investment securities gains primarily driven by a $3.0 million gain on the sale of a non-marketable security in the first quarter of 2026, coupled with decreased valuations in the company's non-marketable securities in the first quarter of 2025.
o
Increase of $6.4 million in other income due to a $4.3 million increase in gains recorded for recoveries of loans previously charged off by HTLF, coupled with a $1.7 million increase in bank-owned life insurance income.
o
Increases of $3.0 million in brokerage income due to higher 12b-1 fees and money market income, $2.6 million in bankcard income due to increased interchange income, and $2.0 million in service charges on deposit accounts driven by increased service charge income on interest-bearing checking accounts.
Noninterest expense
Summary of noninterest expense
UMB Financial Corporation
(unaudited, dollars in thousands)
Q1
Q4
Q1
CQ vs.
CQ vs.
2026
2025
2025
LQ
PY
Salaries and employee benefits
$
219,681
$
228,605
$
221,398
$
(8,924
)
$
(1,717
)
Occupancy, net
19,075
19,933
16,069
(858
)
3,006
Equipment
13,320
14,978
16,948
(1,658
)
(3,628
)
Supplies and services
5,604
6,843
4,785
(1,239
)
819
Marketing and business development
13,792
15,246
7,998
(1,454
)
5,794
Processing fees
42,059
43,350
40,850
(1,291
)
1,209
Legal and consulting
9,087
23,614
28,606
(14,527
)
(19,519
)
Bankcard
11,841
12,570
12,795
(729
)
(954
)
Amortization of other intangible assets
23,460
25,454
17,482
(1,994
)
5,978
Regulatory fees
8,270
3,164
8,237
5,106
33
Other
14,694
31,803
9,619
(17,109
)
5,075
Total noninterest expense
$
380,883
$
425,560
$
384,787
$
(44,677
)
$
(3,904
)
•
GAAP noninterest expense for the first quarter of 2026 was $380.9 million, a decrease of $44.7 million, or 10.5%, from the linked quarter and $3.9 million, or 1.0% from the first quarter of 2025. First quarter 2026 expenses included $4.4 million in total acquisition-related and other nonrecurring costs, compared to $39.7 million in the linked quarter and $53.2 million in the first quarter of 2025. Operating noninterest expense, a non-GAAP financial measure reconciled later in this release to noninterest expense, the nearest comparable GAAP measure, was $375.4 million for the first quarter of 2026, a decrease of $16.4 million, or 4.2%, from the linked quarter and an increase of $44.8 million, or 13.6%, from the first quarter of 2025.
•
The linked-quarter decrease in GAAP noninterest expense was driven by:
o
A decrease of $17.1 million in other expense driven by fees for the termination of legacy HTLF contracts in the fourth quarter of 2025.
o
A decrease of $14.5 million in legal and consulting expense primarily related to HTLF acquisition-related expenses.
o
A decrease of $8.9 million in salaries and employee benefits expense driven by a $14.7 million decline in bonus and commission expense from increased company performance in the fourth quarter of 2025, a $7.4 million decrease in salaries and wage expense, and a $3.9 million decrease in deferred compensation expense. These decreases were partially offset by a seasonal increase of $17.3 million in payroll taxes, insurance, and 401(k) expense recognized in the first quarter.
o
Decreases of $2.0 million in amortization of intangibles due to a decline in the amortization of the core deposit intangible, $1.7 million in equipment due to decreases in software expense, $1.5 million in marketing and business development driven by the timing of multiple advertising campaigns and decreased travel and entertainment expense, $1.3 million in processing fees driven by decreased software subscription costs, and $1.2 million in supplies and services due to lower computer hardware expense.
o
These decreases were partially offset by a $5.1 million increase in regulatory fees driven by a larger reduction in the FDIC special assessment expense in the fourth quarter of 2025.
•
The year-over-year decrease in GAAP noninterest expense was driven by:
o
A decrease of $19.5 million in legal and consulting expense, which included $19.0 million of non-recurring transaction costs associated with the acquisition in the first quarter of 2025.
o
This decrease was partially offset by the following increases:
▪
Increase of $6.0 million in amortization of intangibles related to the timing of the HTLF acquisition in the first quarter of 2025.
▪
An increase of $5.8 million driven by the timing of multiple advertising campaigns and increased travel and entertainment expense.
▪
Increase of $5.1 million in other expense driven by a $2.5 million increase in charitable contributions, $1.2 million increase in losses on the sale of other assets and expense related to other real estate owned, and $0.9 million increase in tax expense other than income tax.
•
First quarter 2026 noninterest expense included $4.4 million in total acquisition-related and other nonrecurring costs, compared to $39.7 million in the linked quarter and $53.2 million in the first quarter of 2025. During the first quarter of 2026, this expense was composed primarily of $4.0 million in salaries and employee benefits. During the linked quarter, the $39.7 million in acquisition-related expense was primarily composed of $15.5 million in other expense for contract termination fees, $12.4 million in legal and consulting expense, $7.1 million in salaries and employee benefits, and $3.0 million in marketing expense. During the first quarter of 2025, acquisition-related expense was primarily composed of $33.3 million in salaries and employee benefits and $19.0 million in legal and consulting expense.
Income taxes
•
The company’s effective tax rate was 21.1% for the quarter ended March 31, 2026, compared to 12.6% for the same period in 2025. The increase is mainly due to more favorable discrete tax items in 2025, including a benefit from remeasuring deferred tax assets after the HTLF
acquisition increased the state marginal tax rate. Additionally, a smaller proportion of pre-tax income in 2026 was earned from tax-exempt municipal securities.
Balance sheet
•
Average total assets for the first quarter of 2026 were $70.4 billion compared to $69.6 billion for the linked quarter and $60.0 billion for the same period in 2025.
Summary of average loans and leases - QTD Average
UMB Financial Corporation
(unaudited, dollars in thousands)
Q1
Q4
Q1
CQ vs.
CQ vs.
2026
2025
2025
LQ
PY
Commercial and industrial (i)
$
16,627,000
$
15,754,499
$
12,852,630
$
872,501
$
3,774,370
Specialty lending
534,979
542,857
522,583
(7,878
)
12,396
Commercial real estate
16,534,892
16,512,390
14,074,863
22,502
2,460,029
Consumer real estate
4,433,669
4,379,183
3,819,602
54,486
614,067
Consumer
247,090
242,129
264,467
4,961
(17,377
)
Credit cards
757,471
778,779
689,645
(21,308
)
67,826
Leases and other
248,109
134,235
85,907
113,874
162,202
Total loans
$
39,383,210
$
38,344,072
$
32,309,697
$
1,039,138
$
7,073,513
(i) Commercial and industrial loans include all loans to Non-Depository Financial Institutions (NDFIs).
•
Average loans for the first quarter of 2026 increased $1.0 billion, or 2.7%, on a linked-quarter basis and $7.1 billion, or 21.9%, compared to the first quarter of 2025. These increases reflect continued organic momentum across legacy UMB geographies, as well as the impact of acquired HTLF balances.
Summary of average securities - QTD Average
UMB Financial Corporation
(unaudited, dollars in thousands)
Q1
Q4
Q1
CQ vs.
CQ vs.
2026
2025
2025
LQ
PY
Securities available for sale:
U.S. Treasury
$
2,264,390
$
2,256,084
$
1,397,844
$
8,306
$
866,546
U.S. Agencies
54,459
77,151
133,852
(22,692
)
(79,393
)
Mortgage-backed
8,155,646
7,977,598
5,303,047
178,048
2,852,599
State and political subdivisions
2,446,129
2,466,226
2,084,441
(20,097
)
361,688
Corporates
158,088
196,425
317,378
(38,337
)
(159,290
)
Collateralized loan obligations
534,566
555,561
398,418
(20,995
)
136,148
Total securities available for sale
$
13,613,278
$
13,529,045
$
9,634,980
$
84,233
$
3,978,298
Securities held to maturity:
U.S. Treasury
$
38,255
$
38,251
$
—
$
4
$
38,255
U.S. Agencies
—
—
112,547
—
(112,547
)
Mortgage-backed
2,482,131
2,536,279
2,492,446
(54,148
)
(10,315
)
State and political subdivisions
3,177,060
3,137,793
3,022,878
39,267
154,182
Total securities held to maturity
$
5,697,446
$
5,712,323
$
5,627,871
$
(14,877
)
$
69,575
Trading securities
$
17,354
$
19,155
$
20,863
$
(1,801
)
$
(3,509
)
Other securities
697,129
710,772
586,866
(13,643
)
110,263
Total securities
$
20,025,207
$
19,971,295
$
15,870,580
$
53,912
$
4,154,627
•
Average total securities increased 0.3% on a linked-quarter basis and 26.2% compared to the first quarter of 2025.
Summary of average deposits - QTD Average
UMB Financial Corporation
(unaudited, dollars in thousands)
Q1
Q4
Q1
CQ vs.
CQ vs.
2026
2025
2025
LQ
PY
Deposits:
Noninterest-bearing demand
$
15,103,339
$
14,720,416
$
13,428,205
$
382,923
$
1,675,134
Interest-bearing demand and savings
38,996,451
39,299,431
33,991,906
(302,980
)
5,004,545
Time deposits
3,474,321
3,533,753
2,864,408
(59,432
)
609,913
Total deposits
$
57,574,111
$
57,553,600
$
50,284,519
$
20,511
$
7,289,592
Noninterest bearing deposits as % of total
26.2
%
25.6
%
26.7
%
•
Average deposits remained flat on a linked-quarter basis and increased 14.5% compared to the first quarter of 2025. The increase compared to the first quarter of 2025 reflects the impact of acquired HTLF balances.
Capital
Capital information
UMB Financial Corporation
(unaudited, dollars in thousands, except per share data)
March 31, 2026
December 31, 2025
March 31, 2025
Total equity
$
7,826,997
$
7,693,568
$
6,748,434
Total common equity
7,538,743
7,417,284
6,637,730
Accumulated other comprehensive loss, net
(331,350
)
(261,520
)
(492,698
)
Book value per common share
99.22
97.65
87.43
Tangible book value per common share (Non-GAAP)(i)
68.94
67.02
56.40
Regulatory capital:
Common equity Tier 1 capital
$
5,685,870
$
5,459,343
$
4,767,403
Tier 1 capital
5,979,936
5,753,409
4,878,108
Total capital
6,892,054
6,654,521
5,914,197
Regulatory capital ratios:
Common equity Tier 1 capital ratio
11.16
%
10.96
%
10.11
%
Tier 1 risk-based capital ratio
11.74
11.55
10.35
Total risk-based capital ratio
13.53
13.36
12.54
Tier 1 leverage ratio
8.73
8.54
8.47
(i) See reconciliation of Non-GAAP measures to their nearest comparable GAAP measures later in this release.
•
In March 2026, the company repurchased 178,249 common shares at a weighted average price of $111.62 for a total repurchase of $19.9 million.
•
At March 31, 2026, the regulatory capital ratios presented in the foregoing table exceeded all “well-capitalized” regulatory thresholds.
Asset Quality
Credit quality
UMB Financial Corporation
(unaudited, dollars in thousands)
Q1
Q4
Q3
Q2
Q1
2026
2025
2025
2025
2025
Net charge-offs - total loans
$
18,929
$
12,654
$
18,383
$
15,462
$
35,872
Net loan charge-offs as a % of total average loans
0.19
%
0.13
%
0.20
%
0.17
%
0.45
%
Loans over 90 days past due
$
14,924
$
18,403
$
6,131
$
6,813
$
6,346
Loans over 90 days past due as a % of total loans
0.04
%
0.05
%
0.02
%
0.02
%
0.02
%
Nonaccrual and restructured loans
$
151,250
$
144,666
$
131,965
$
97,029
$
100,885
Nonaccrual and restructured loans as a % of total loans
0.38
%
0.37
%
0.35
%
0.26
%
0.28
%
Provision for credit losses
$
27,000
$
25,000
$
22,500
$
21,000
$
86,000
(i)
(i) Provision in the first quarter of 2025 included $62.0 million for Day 1 provision expense to establish an allowance for credit losses on acquired HTLF loans that were designated as non-purchase credit deteriorated (non-PCD) at the close of the transaction.
•
Provision for credit losses for the first quarter increased $2.0 million from the linked quarter and decreased $59.0 million from the first quarter of 2025. Provision in the first quarter of 2025 includes $62.0 million for Day 1 provision expense, as described above. The remainder of the change in provision expense is driven by ongoing recalibrations of econometric loss models and general portfolio trends in the current periods as compared to the prior periods.
•
Net charge-offs for the first quarter totaled $18.9 million, or 0.19% of average loans, compared to $12.7 million, or 0.13% of average loans in the linked quarter, and $35.9 million, or 0.45% of average loans for the first quarter of 2025.
Conference Call
The company will host a conference call to discuss its first quarter 2026 earnings results on Wednesday, April 29, 2026, at 8:30 a.m. (CT).
Interested parties may access the call by dialing (toll-free) 888-596-4144 or (international) 646-968-2525 and requesting to join the UMB Financial call with access code 8227474. The live call may also be accessed by visiting investorrelations.umb.com or by using the following link:
UMB Financial 1Q 2026 Conference Call
A replay of the conference call may be heard through May 13, 2026, by calling (toll-free) 800-770-2030 or (international) 609-800-9909. The replay access code required for playback is 8227474. The call replay may also be accessed at investorrelations.umb.com.
Non-GAAP Financial Information
In this release, we provide information about net operating income available to common shareholders, operating earnings per share – diluted (operating EPS), operating return on average common equity (operating ROE), operating return on average assets (operating ROA), operating noninterest expense, operating efficiency ratio, operating pre-tax, pre-provision income (operating PTPP), operating pre-tax, pre-provision earnings per share – diluted (operating PTPP EPS), operating pre-tax, pre-provision income on a fully tax equivalent basis (operating PTPP-FTE), operating pre-tax, pre-provision FTE earnings per share – diluted (operating PTPP-FTE EPS), tangible common shareholders’ equity, and tangible book value per share, all of which are non-GAAP financial measures. This information supplements the results that are reported according to generally accepted accounting principles in the United States (GAAP) and should not be viewed in isolation from, or as a substitute for, GAAP results. The differences between the non-GAAP financial measures – net operating income available to common shareholders, operating EPS, operating ROE, operating ROA, operating noninterest expense, operating efficiency ratio, operating
PTPP, operating PTPP EPS, operating PTPP-FTE, operating PTPP-FTE EPS, tangible common shareholders’ equity, and tangible book value per share – and the nearest comparable GAAP financial measures are reconciled later in this release. The company believes that these non-GAAP financial measures and the reconciliations may be useful to investors because they adjust for acquisition- and severance-related items, and the FDIC special assessment that management does not believe reflect the company’s fundamental operating performance.
Net operating income available to common shareholders for the relevant period is defined as GAAP net income available to common shareholders, adjusted to reflect the impact of excluding expenses related to Day 1 acquisition provision expense, acquisitions, severance expense, the FDIC special assessment, and the cumulative tax impact of these adjustments.
Operating EPS (diluted) is calculated as earnings per share as reported, adjusted to reflect, on a per share basis, the impact of excluding the non-GAAP adjustments described above for the relevant period. Operating ROE is calculated as net operating income available to common shareholders, divided by the company’s average total common shareholders’ equity for the relevant period. Operating ROA is calculated as net operating income available to common shareholders, divided by the company’s average assets for the relevant period. Operating noninterest expense for the relevant period is defined as GAAP noninterest expense, adjusted to reflect the pre-tax impact of non-GAAP adjustments described above. Operating efficiency ratio is calculated as the company’s operating noninterest expense, net of amortization of other intangibles, divided by the company’s total non-GAAP revenue (calculated as net interest income plus noninterest income, less gains on sales of securities available for sale, net).
Operating PTPP income for the relevant period is defined as GAAP net interest income plus GAAP noninterest income, less noninterest expense, adjusted to reflect the impact of excluding expenses related to acquisitions and severance, and the FDIC special assessment.
Operating PTPP-FTE for the relevant period is defined as GAAP net interest income on a fully tax equivalent basis plus GAAP noninterest income, less noninterest expense, adjusted to reflect the impact of excluding expenses related to acquisitions and severance, and the FDIC special assessment.
Tangible common shareholders’ equity for the relevant period is defined as GAAP common shareholders’ equity, net of intangible assets. Tangible book value per share is defined as tangible common shareholders’ equity divided by the company’s total common shares outstanding.
Forward-Looking Statements:
This press release contains, and our other communications may contain, forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements can be identified by the fact that they do not relate strictly to historical or current facts. Forward-looking statements often use words such as “believe,” “expect,” “anticipate,” “intend,” “estimate,” “project,” “outlook,” “forecast,” “target,” “trend,” “plan,” “goal,” or other words of comparable meaning or future-tense or conditional verbs such as “may,” “will,” “should,” “would,” or “could.” Forward-looking statements convey our expectations, intentions, or forecasts about future events, circumstances, results, or aspirations. All forward-looking statements are subject to assumptions, risks, and uncertainties, which may change over time and many of which are beyond our control. You should not rely on any forward-looking statement as a prediction or guarantee about the future. Our actual future objectives, strategies, plans, prospects, performance, condition, or results may differ materially from those set forth in any forward-looking statement. Some of the factors that may cause actual results or other future events, circumstances, or aspirations to differ from those in forward-looking statements are described in our Annual Report on Form 10-K for the year ended December 31, 2025, our subsequent Quarterly Reports on Form 10-Q or Current Reports on Form 8-K, or other applicable documents that are filed or furnished with the U.S. Securities and Exchange Commission (SEC). In addition to such factors that have been disclosed previously: macroeconomic and adverse developments and uncertainties related to the collateral effects of the collapse of, and challenges for, domestic and international banks, including the impacts to the U.S. and global economies; sustained levels of high inflation and the potential for an economic
recession on the heels of aggressive quantitative tightening by the Federal Reserve; and impacts related to or resulting from instability in the Middle East and Russia’s military action in Ukraine, such as the broader impacts to financial markets and the global macroeconomic and geopolitical environments, may also cause actual results or other future events, circumstances, or aspirations to differ from our forward-looking statements. Any forward-looking statement made by us or on our behalf speaks only as of the date that it was made. We do not undertake to update any forward-looking statement to reflect the impact of events, circumstances, or results that arise after the date that the statement was made, except to the extent required by applicable securities laws. You, however, should consult further disclosures (including disclosures of a forward-looking nature) that we may make in any subsequent Annual Report on Form 10-K, Quarterly Report on Form 10-Q, Current Report on Form 8-K, or other applicable document that is filed or furnished with the SEC.
About UMB:
UMB Financial Corporation (Nasdaq: UMBF) is a financial services company headquartered in Kansas City, Mo. UMB offers commercial banking, which includes comprehensive deposit, lending, investment and retirement plan services; personal banking, which includes comprehensive deposit, lending, wealth management and financial planning services; and institutional banking, which includes asset servicing, corporate trust solutions, investment banking and healthcare services. UMB operates branches throughout Missouri, Arizona, California, Colorado, Iowa, Kansas, Illinois, Minnesota, Nebraska, New Mexico, Oklahoma, Texas, Utah, and Wisconsin. As the company’s reach continues to grow, it also serves business clients nationwide and institutional clients in several countries. For more information, visit UMB.com, UMB Blog, UMB Facebook and UMB LinkedIn.
Consolidated Balance Sheets
UMB Financial Corporation
(unaudited, dollars in thousands)
March 31,
2026
2025
ASSETS
Loans
$
40,134,325
$
35,936,281
Allowance for credit losses on loans
(425,876
)
(368,922
)
Net loans
39,708,449
35,567,359
Loans held for sale
4,471
5,099
Securities:
Available for sale
13,660,886
10,895,659
Held to maturity, net of allowance for credit losses
5,699,881
5,712,764
Trading securities
24,205
35,461
Other securities
685,590
647,152
Total securities
20,070,562
17,291,036
Federal funds sold and resell agreements
1,524,669
636,069
Interest-bearing due from banks
5,655,290
9,811,867
Cash and due from banks
735,829
917,450
Premises and equipment, net
391,020
391,147
Accrued income
342,685
308,103
Goodwill
1,837,594
1,798,451
Other intangibles, net
463,409
557,186
Other assets
1,940,183
2,063,546
Total assets
$
72,674,161
$
69,347,313
LIABILITIES
Deposits:
Noninterest-bearing demand
$
17,041,696
$
18,431,854
Interest-bearing demand and savings
39,728,542
36,898,898
Time deposits under $250,000
1,823,536
1,871,388
Time deposits of $250,000 or more
1,386,982
1,319,038
Total deposits
59,980,756
58,521,178
Federal funds purchased and repurchase agreements
3,550,738
2,559,983
Long-term debt
477,164
654,380
Accrued expenses and taxes
309,932
352,143
Other liabilities
528,574
511,195
Total liabilities
64,847,164
62,598,879
SHAREHOLDERS' EQUITY
Series A Fixed-Rate Reset Non-Cumulative Perpetual Preferred stock
—
110,705
Series B Fixed-Rate Reset Non-Cumulative Perpetual Preferred stock
294,066
—
Common stock
78,666
78,666
Capital surplus
4,006,726
3,993,662
Retained earnings
3,958,611
3,224,866
Accumulated other comprehensive loss, net
(331,350
)
(492,698
)
Treasury stock
(179,722
)
(166,767
)
Total shareholders' equity
7,826,997
6,748,434
Total liabilities and shareholders' equity
$
72,674,161
$
69,347,313
Consolidated Statements of Income
UMB Financial Corporation
(unaudited, dollars in thousands except share and per share data)
Three Months Ended
March 31,
2026
2025
INTEREST INCOME
Loans
$
633,078
$
527,404
Securities:
Taxable interest
145,299
98,296
Tax-exempt interest
34,454
29,963
Total securities income
179,753
128,259
Federal funds and resell agreements
16,063
6,952
Interest-bearing due from banks
37,902
74,985
Trading securities
271
370
Total interest income
867,067
737,970
INTEREST EXPENSE
Deposits
292,373
303,406
Federal funds and repurchase agreements
29,698
25,790
Other
10,630
11,135
Total interest expense
332,701
340,331
Net interest income
534,366
397,639
Provision for credit losses
27,000
86,000
Net interest income after provision for credit losses
507,366
311,639
NONINTEREST INCOME
Trust and securities processing
94,667
79,781
Trading and investment banking
7,740
5,911
Service charges on deposit accounts
29,474
27,457
Insurance fees and commissions
255
178
Brokerage fees
21,089
18,102
Bankcard fees
28,878
26,293
Investment securities gains (losses), net
3,046
(4,782
)
Other
19,644
13,258
Total noninterest income
204,793
166,198
NONINTEREST EXPENSE
Salaries and employee benefits
219,681
221,398
Occupancy, net
19,075
16,069
Equipment
13,320
16,948
Supplies and services
5,604
4,785
Marketing and business development
13,792
7,998
Processing fees
42,059
40,850
Legal and consulting
9,087
28,606
Bankcard
11,841
12,795
Amortization of other intangible assets
23,460
17,482
Regulatory fees
8,270
8,237
Other
14,694
9,619
Total noninterest expense
380,883
384,787
Income before income taxes
331,276
93,050
Income tax expense
69,838
11,717
NET INCOME
261,438
81,333
Less: Preferred dividends
5,813
2,013
NET INCOME AVAILABLE TO COMMON SHAREHOLDERS
$
255,625
$
79,320
PER SHARE DATA
Net income per common share – basic
$
3.36
$
1.22
Net income per common share – diluted
3.35
1.21
Dividends per common share
0.43
0.40
Weighted average common shares outstanding – basic
76,032,620
65,063,262
Weighted average common shares outstanding – diluted
76,399,233
65,496,058
Consolidated Statements of Comprehensive Income
UMB Financial Corporation
(unaudited, dollars in thousands)
Three Months Ended
March 31,
2026
2025
Net income
$
261,438
$
81,333
Other comprehensive (loss) income, before tax:
Unrealized gains and losses on debt securities:
Change in unrealized holding gains and losses, net
(85,472
)
76,235
Less: Reclassification adjustment for net gains included in net income
(403
)
(390
)
Amortization of net unrealized loss on securities transferred from available-for-sale to held-to-maturity
7,088
8,290
Change in unrealized gains and losses on debt securities
(78,787
)
84,135
Unrealized gains and losses on derivative hedges:
Change in unrealized gains and losses on derivative hedges, net
(16,053
)
22,646
Less: Reclassification adjustment for net gains included in net income
(797
)
(24
)
Change in unrealized gains and losses on derivative hedges
(16,850
)
22,622
Other comprehensive (loss) income, before tax
(95,637
)
106,757
Income tax benefit (expense)
25,807
(26,405
)
Other comprehensive (loss) income
(69,830
)
80,352
Comprehensive income
$
191,608
$
161,685
Consolidated Statements of Shareholders' Equity
UMB Financial Corporation
(unaudited, dollars in thousands except per share data)
Preferred Stock
Common Stock
Capital Surplus
Retained Earnings
Accumulated Other Comprehensive (Loss) Income
Treasury Stock
Total
Balance - January 1, 2025
$
—
$
55,057
$
1,145,638
$
3,174,948
$
(573,050
)
$
(336,052
)
$
3,466,541
Total comprehensive income
—
—
—
81,333
80,352
—
161,685
Cash dividends declared:
Preferred dividends Series A ($175.00 per share)
—
—
—
(2,013
)
—
—
(2,013
)
Common dividends ($0.40 per share)
—
—
—
(29,402
)
—
—
(29,402
)
Purchase of treasury stock
—
—
—
—
—
(15,434
)
(15,434
)
Issuances of equity awards, net of forfeitures
—
—
(15,595
)
—
—
16,395
800
Recognition of equity-based compensation
—
—
32,419
—
—
—
32,419
Sale of treasury stock
—
—
116
—
—
60
176
Exercise of stock options
—
—
126
—
—
179
305
Common stock issuance costs
—
—
67,056
—
—
168,085
235,141
Stock issuance for acquisition, net of issuance costs
110,705
23,609
2,763,902
—
—
—
2,898,216
Balance - March 31, 2025
$
110,705
$
78,666
$
3,993,662
$
3,224,866
$
(492,698
)
$
(166,767
)
$
6,748,434
Balance - January 1, 2026
$
294,066
$
78,666
$
4,011,047
$
3,736,413
$
(261,520
)
$
(165,104
)
$
7,693,568
Total comprehensive income
—
—
—
261,438
(69,830
)
—
191,608
Cash dividends declared:
Preferred dividends Series B ($193.75 per share)
—
—
—
(5,813
)
—
—
(5,813
)
Common dividends ($0.43 per share)
—
—
—
(33,427
)
—
—
(33,427
)
Purchase of treasury stock
—
—
—
—
—
(32,814
)
(32,814
)
Issuances of equity awards, net of forfeitures
—
—
(16,311
)
—
—
17,810
1,499
Recognition of equity-based compensation
—
—
11,924
—
—
—
11,924
Sale of treasury stock
—
—
83
—
—
86
169
Exercise of stock options
—
—
(17
)
—
—
300
283
Balance - March 31, 2026
$
294,066
$
78,666
$
4,006,726
$
3,958,611
$
(331,350
)
$
(179,722
)
$
7,826,997
Average Balances / Yields and Rates
UMB Financial Corporation
(tax - equivalent basis)
(unaudited, dollars in thousands)
Three Months Ended March 31,
2026
2025
Average
Average
Average
Average
Balance
Yield/Rate
Balance
Yield/Rate
Assets
Loans, net of unearned interest
$
39,383,210
6.52
%
$
32,309,697
6.62
%
Securities:
Taxable
15,654,218
3.76
11,728,148
3.40
Tax-exempt
4,353,635
4.01
4,121,569
3.68
Total securities
20,007,853
3.82
15,849,717
3.47
Federal funds and resell agreements
1,539,874
4.23
555,805
5.07
Interest-bearing due from banks
4,192,804
3.67
6,808,680
4.47
Trading securities
17,354
6.59
20,863
7.56
Total earning assets
65,141,095
5.45
55,544,762
5.44
Allowance for credit losses
(417,768
)
(320,371
)
Other assets
5,704,489
4,752,484
Total assets
$
70,427,816
$
59,976,875
Liabilities and Shareholders' Equity
Interest-bearing deposits
$
42,470,772
2.79
%
$
36,856,314
3.34
%
Federal funds and repurchase agreements
3,623,410
3.32
2,692,907
3.88
Borrowed funds
475,518
9.07
570,427
7.92
Total interest-bearing liabilities
46,569,700
2.90
40,119,648
3.44
Noninterest-bearing demand deposits
15,103,339
13,428,205
Other liabilities
894,926
861,375
Shareholders' equity
7,859,851
5,567,647
Total liabilities and shareholders' equity
$
70,427,816
$
59,976,875
Net interest spread
2.55
%
2.00
%
Net interest margin
3.38
2.96
Business Segment Information
UMB Financial Corporation
(unaudited, dollars in thousands)
Three Months Ended March 31, 2026
Commercial Banking
Institutional Banking
Personal Banking
Total
Net interest income
$
365,342
$
77,287
$
91,737
$
534,366
Provision for credit losses
23,777
497
2,726
27,000
Noninterest income
46,289
121,829
36,675
204,793
Noninterest expense
165,452
112,931
102,500
380,883
Income before taxes
222,402
85,688
23,186
331,276
Income tax expense
46,886
18,064
4,888
69,838
Net income
$
175,516
$
67,624
$
18,298
$
261,438
Three Months Ended March 31, 2025
Commercial Banking
Institutional Banking
Personal Banking
Total
Net interest income
$
273,916
$
61,159
$
62,564
$
397,639
Provision for credit losses
66,751
435
18,814
86,000
Noninterest income
37,218
103,797
25,183
166,198
Noninterest expense
173,011
107,268
104,508
384,787
Income (loss) before taxes
71,372
57,253
(35,575
)
93,050
Income tax expense (benefit)
8,987
7,210
(4,480
)
11,717
Net income (loss)
$
62,385
$
50,043
$
(31,095
)
$
81,333
The company has strategically aligned its operations into the following three reportable segments: Commercial Banking, Institutional Banking, and Personal Banking. Senior executive officers regularly evaluate business segment financial results produced by the company’s internal reporting system in deciding how to allocate resources and assess performance for individual business segments. The company’s reportable segments include certain corporate overhead, technology and service costs that are allocated based on methodologies that are applied consistently between periods. For comparability purposes, amounts in all periods are based on methodologies in effect at March 31, 2026.
Non-GAAP Financial Measures
Net operating income available to common shareholders Non-GAAP reconciliations:
UMB Financial Corporation
(unaudited, dollars in thousands except per share data)
Three Months Ended March 31,
2026
2025
Net income available to common shareholders (GAAP)
$
255,625
$
79,320
Adjustments:
Day 1 acquisition provision expense
—
62,037
Acquisition expense
4,354
53,169
Severance expense
2,036
445
FDIC special assessment
(885
)
629
Tax-impact of adjustments (i)
(1,321
)
(26,722
)
Total Non-GAAP adjustments (net of tax)
4,184
89,558
Net operating income (Non-GAAP)
$
259,809
$
168,878
Earnings per common share - diluted (GAAP)
$
3.35
$
1.21
Day 1 acquisition provision expense
—
0.95
Acquisition expense
0.06
0.81
Severance expense
0.03
0.01
FDIC special assessment
(0.01
)
0.01
Tax-impact of adjustments (i)
(0.02
)
(0.41
)
Operating earnings per common share - diluted (Non-GAAP)
$
3.41
$
2.58
GAAP
Return on average assets
1.47
%
0.54
%
Return on average common equity
13.70
5.86
Non-GAAP
Operating return on average assets
1.50
%
1.14
%
Operating return on average common equity
13.93
12.47
(i) Calculated using the company’s marginal tax rate of 24.0%. Certain merger-related expenses are non-deductible.
Operating noninterest expense and operating efficiency ratio Non-GAAP reconciliations:
UMB Financial Corporation
(unaudited, dollars in thousands)
Three Months Ended March 31,
2026
2025
Noninterest expense
$
380,883
$
384,787
Adjustments to arrive at operating noninterest expense (pre-tax):
Acquisition expense
4,354
53,169
Severance expense
2,036
445
FDIC special assessment
(885
)
629
Total Non-GAAP adjustments (pre-tax)
5,505
54,243
Operating noninterest expense (Non-GAAP)
$
375,378
$
330,544
Noninterest expense
$
380,883
$
384,787
Less: Amortization of other intangibles
23,460
17,482
Noninterest expense, net of amortization of other intangibles (Non-GAAP) (numerator A)
$
357,423
$
367,305
Operating noninterest expense
$
375,378
$
330,544
Less: Amortization of other intangibles
23,460
17,482
Operating expense, net of amortization of other intangibles (Non-GAAP) (numerator B)
$
351,918
$
313,062
Net interest income
$
534,366
$
397,639
Noninterest income
204,793
166,198
Less: Gains on sales of securities available for sale, net
403
390
Total Non-GAAP Revenue (denominator A)
$
738,756
$
563,447
Efficiency ratio (numerator A/denominator A)
48.38
%
65.19
%
Operating efficiency ratio (Non-GAAP) (numerator B/denominator A)
47.64
55.56
Operating pre-tax, pre-provision income non-GAAP reconciliations:
UMB Financial Corporation
(unaudited, dollars in thousands except per share data)
Three Months Ended March 31,
2026
2025
Net interest income (GAAP)
$
534,366
$
397,639
Noninterest income (GAAP)
204,793
166,198
Noninterest expense (GAAP)
380,883
384,787
Adjustments to arrive at operating noninterest expense:
Acquisition expense
4,354
53,169
Severance expense
2,036
445
FDIC special assessment
(885
)
629
Total Non-GAAP adjustments
5,505
54,243
Operating noninterest expense (Non-GAAP)
375,378
330,544
Operating pre-tax, pre-provision income (Non-GAAP)
$
363,781
$
233,293
Net interest income earnings per common share - diluted (GAAP)
$
6.99
$
6.07
Noninterest income (GAAP)
2.68
2.54
Noninterest expense (GAAP)
4.99
5.87
Acquisition expense
0.06
0.81
Severance expense
0.03
0.01
FDIC special assessment
(0.01
)
0.01
Operating pre-tax, pre-provision earnings per common share - diluted (Non-GAAP)
$
4.76
$
3.57
Operating pre-tax, pre-provision income - FTE Non-GAAP reconciliations:
UMB Financial Corporation
(unaudited, dollars in thousands except per share data)
Three Months Ended March 31,
2026
2025
Net interest income (GAAP)
$
534,366
$
397,639
Adjustments to arrive at net interest income - FTE:
Tax equivalent interest
8,713
7,505
Net interest income - FTE (Non-GAAP)
543,079
405,144
Noninterest income (GAAP)
204,793
166,198
Noninterest expense (GAAP)
380,883
384,787
Adjustments to arrive at operating noninterest expense:
Acquisition expense
4,354
53,169
Severance expense
2,036
445
FDIC special assessment
(885
)
629
Total Non-GAAP adjustments
5,505
54,243
Operating noninterest expense (Non-GAAP)
375,378
330,544
Operating pre-tax, pre-provision income - FTE (Non-GAAP)
$
372,494
$
240,798
Net interest income earnings per common share - diluted (GAAP)
$
6.99
$
6.07
Tax equivalent interest
0.12
0.11
Net interest income - FTE (Non-GAAP)
7.11
6.18
Noninterest income (GAAP)
2.68
2.54
Noninterest expense (GAAP)
4.99
5.87
Acquisition expense
0.06
0.81
Severance expense
0.03
0.01
FDIC special assessment
(0.01
)
0.01
Operating pre-tax, pre-provision income - FTE earnings per common share - diluted (Non-GAAP)
$
4.88
$
3.68
Tangible book value non-GAAP reconciliations:
UMB Financial Corporation
(unaudited, dollars in thousands except share and per share data)
As of March 31,
2026
2025
Total common shareholders' equity (GAAP)
$
7,538,743
$
6,637,730
Less: Intangible assets
Goodwill
1,837,594
1,798,451
Other intangibles, net
463,409
557,186
Total intangibles, net
2,301,003
2,355,637
Total tangible common shareholders' equity (Non-GAAP)
$
5,237,740
$
4,282,093
Total common shares outstanding
75,977,250
75,917,456
Ratio of total common shareholders' equity (book value) per share
$
99.22
$
87.43
Ratio of total tangible common shareholders' equity (tangible book value) per share (Non-GAAP)
68.94
56.40
EX-99.2
EX-99.2
Filename: umbf-ex99_2.htm · Sequence: 3
1st Quarter 2026 Update April 28, 2026
Presentation Index Corporate Overview & Investment Thesis 1st Quarter 2026 Results Long-Term Performance Trends Appendix 3 11 28 40 48 Board of Directors Forward-Looking Statements Non-GAAP Reconciliations Please refer to the Forward-Looking Statements on slide 50 for important disclosures about information contained in this presentation. Select Financial Statements Purchase Accounting Update 8 Line of Business Updates Peer Group
Corporate Overview Asset-based lending Healthcare Services National Presence International Presence UMBF Trust & Agency Services – Dublin, Ireland Specialized Lending Verticals Corporate Trust Capital Markets (5) Fund Services Private Wealth Management & Personal Trust 192 banking centers (4) 350 ATMs UMB Bank Presence UMB Financial Corporation Headquarters Highlights At, or for the 3 months ended 03/31/26. (1) Includes $17.9B in managed assets and $2.4B in Assets Under Administration for Private Wealth customers; (2) Operating ROATCE is a non-GAAP measure, reconciled on slide 54; (3) Operating efficiency ratio is a non-GAAP measure; reconciled on slide 53; (4) As of 03/31/26, we had 192 physical locations licensed with the OCC, including 189 retail branches plus 3 commercial or private banking centers; (5) UMB Bank, n.a. Capital Markets Division.
Business Model Our Diverse Foundation Commercial & Personal Banking Services 1Q‘26 Revenue: $540.0 million; 1Q‘26 Average Deposits: $38.6 billion Average loans: $4.7B (1) (2) Average deposits: $13.3B Retail deposit and lending services through 192 banking centers (3) and online Private banking services Consumer mortgage AUM = $17.9B AUA = $2.4B Financial & estate planning Investment management Wealth solutions Business succession and exit planning Trust and custody Direct private equity investment access Insurance settlements Retirement plan services C&I lending Small business lending CRE and Construction lending Specialized Expertise: Average loans: $33.9B (1) Average deposits: $25.3B Agribusiness Energy Practice finance Franchise lending Mezzanine debt and equity investments Commercial Consumer Private Wealth Institutional Banking Services 1Q’26 Revenue: $199.1 million; 1Q‘26 Average Deposits: $19.0 billion Institutional Banking provides solutions for the entire marketplace; $566.9 billion in AUA (4) Corporate Trust Bond trustee, paying agent and escrow services Institutional Custody Domestic and international custody services Fund Services Fund accounting and administration; transfer agency Alternative investment servicing Specialty Trust & Agency Solutions Default workout and successor trustee services Aviation, ABS and loan agency services CLO trustee and loan administration services Capital Markets Division (5) Fixed income sales and trading Public finance Asset / liability management services Investor Solutions Banking, cash management and specialty services for financial firms Healthcare Services Health savings and benefit spending accounts Healthcare payment solutions Aviation lending Asset-based lending Beverage lending Healthcare lending Treasury management Merchant payments Retirement plan services Metrics at, or for quarter ended, 03/31/26. (1) Excludes credit card; (2) Includes consumer plus residential real estate loans; (3) As of 03/31/26, we had 192 physical locations licensed with the OCC, including 189 retail branches plus 3 commercial or private banking centers; (4) Includes AUA in Fund Services/custody and Healthcare Services; (5) Products offered through UMB Bank Capital Markets Division: NOT FDIC INSURED | MAY LOSE VALUE | NOT BANK GUARANTEED.
Investment Thesis Opportunity in Our Diverse Business Model Track record of strong loan growth – opportunities remain Underpenetrated across our geographic footprint, focused on market share gains Underpenetrated vertically on an asset class basis; built out specialized teams Opportunity to leverage capacity and capabilities in newly-acquired markets Diverse deposit base across multiple lines of business, customer segments and geographies No one commercial sector represents more than 5.1% of total deposits Long-tenured relationships with clients using multiple UMB products and services Flexible balance sheet well-positioned for changing interest rate environments Above peer earning asset growth Lower loan-to-deposit ratio provides flexibility 26% of average deposit balances in DDA Focus on returning value to shareholders; risk-adjusted returns EPS and tangible book value growth have outpaced peers over the long-term Consistent dividend growth Differentiated revenue profile and growing fee income Revenue from diverse lines of business and verticals provide a natural hedge in a variety of rate environments Lower-than-peer reliance on mortgage and NSF/OD revenue Time-tested underwriting philosophy Unwavering credit standards Excellent long-term UMB track record; result of long-tenured credit team – average of 20 years with UMB Executive Credit Oversight (CEO of UMBFC, CEO of UMB Bank & Chief Credit Officer) – average of 34 years with UMB Variable asset base – 75% of total loans reprice within 12 months $3.2 billion of fixed-rate loans to reprice within 12 months; average rate 4.85% $2.2 billion of securities cash flow expected within 12 months; average rate 3.66% Ample liquidity sources and regulatory capital levels Access to multiple contingent funding sources Strong capital generation through earnings accretion
Beyond Financials Our Culture Our Values Our Commitment Our Vision the unparalleled customer experience Customers First We do the unparalleled to create an environment that consistently exceeds the expectations of our customers. Integrity & Trust We demonstrate our uncompromising honesty and integrity to earn the trust of everyone we serve. Performance & Strength We achieve sustainable greatness by delivering on our promise, remaining independent and maintaining financial soundness. Associate Spirit We rely upon our people and their collective attitude and skills to differentiate us from our competitors. Inclusion & Diversity We believe an inclusive and diverse culture energizes the workplace and ignites innovation. Creating an unparalleled customer experience requires a culture where our people feel part of something more, something bigger. We foster this experience through our policies, our business decisions and our expectations of each associate. the unparalleled customer experience An unwavering commitment to doing more for our customers. Whether it’s having a heart for each other, our customers or our communities, we support work through inclusive policies and empowering people to create fulfilling lives in and out of the workplace. MORE HEART Our goal is to grow existing strengths and build new skills. We’re committed to empowering our workforce to make an impact and achieve their goals through open conversations and providing the tools to develop potential. MORE OPPORTUNITY MORE TRUST Our associates have confidence they will be encouraged and expected to do the right thing at all times — no matter what. We’re focused on setting clear expectations and a leadership team who is accessible and transparent.
Beyond Financials Our Commitment to Corporate Citizenship Read our full Corporate Citizenship Report at UMB.com/ESGreport Our programs reinforce our values of doing the right thing, supporting our associates and communities, and providing the unparalleled customer experience. Supporting inclusive, equitable and sustainable economic growth. Remaining committed to the prosperity of the communities we serve. Using an ESG lens in considering long-term financial sustainability and strategic risk management opportunities. ESG Efforts We are a CEO Action for Inclusion & Diversity signatory and are dedicated to building greater understanding and creating a workplace that reflects the diversity of our society. Eight Business Resource Groups with more than 700 members help us understand the needs of our associates, customers and communities and turn empathy into action. In 2025, 28% of new hires were people of color, 59% were women and 2% were veterans. 43% of our executive leadership team are women and/or people of color. Fostering an inclusive environment among a diverse group of associates. Employing strong, consistent and transparent governance practices. Efficient & Sensible Resource Use Strong Corporate Governance Inclusion & Diversity 14-person board of directors, with 13 independent members, a lead independent director, and 100% independence on board committees. 50% board diversity, including 6 female directors. Robust risk oversight with distinct risk management committees: enterprise risk, asset and liability, and credit. Board oversight of the executive ESG Committee. Community Impact $8.4mm in community support in 2025, which included housing needs, the arts, agriculture, small business, and education. $2.3mm went to organizations within our new markets. In 2025 >1,000 associates participated in our matching gift program; combined with workplace giving, associated giving totaled nearly $650k. Associates receive 16 hours of paid Volunteer Time Off annually. 1,012 participants logged more than 17,600 hours of volunteer time in 2025, supporting 572 unique charities. Our School of Economics held 140 sessions, reaching more than 8,200 students. Interactive experiences help build financial skills and literacy. 88 UMB locations use automated systems to conserve energy. More than 472k Kilowatt hours were generated from solar panels across our properties and we invested $2.9mm in more efficient HVAC equipment. 2025 recycling efforts produced > 6 tons of comingled recycling, nearly 5 tons of cardboard and 540 pounds of recycled batteries. Beehives housed at a Denver branch support the local honeybee population. UMB-hosted bees visited an estimated 98mm flowers over 8,000+ acres in 2025. Since installation, we’ve harvested nearly 450 pounds of edible honey.
Purchase Accounting Update
HTLF Acquisition Accounting Impacts (1) Loan amounts recognized for 1Q’26 include $15.1mm in accelerated accretion from early payoffs of acquired loans and $31.6mm in contractual mark accretion on loans; Total to date = $49.0mm from accelerations and $145.5mm contractual loan accretion; (2) 10-year sum-of-years digits amortization; (3) Includes $21.7mm related to wealth management, straight-line amortization over 7 years, and $6.7mm related to purchased credit card relationships, straight-line amortization over 3 years. Net Interest Margin Impact Net Interest Income Accretion Non-interest Expense Amortization $ in millions $ in millions
Projected Contractual Accretion $164.2 million recognized in 2025; $51.0 million recognized in 1Q’26 Includes accretion on acquired loans, securities, time deposits and borrowings Projections are updated quarterly, assume no prepayments and are subject to change $ in millions Remaining in 2026 $70.8mm
1st Quarter 2026 Financial Review
1Q 2026 Highlights – Income Statement (1) Net interest income-FTE, operating noninterest expense and net operating income and EPS available to common shareholders are non-GAAP measures, reconciled on slides 51 and 52. $ in millions, except per share amounts 4Q ’25 1Q ’26 1Q ’25 Linked-Quarter Variance & Commentary
1Q 2026 Highlights – Balance Sheet & Credit 4Q ’25 1Q ’26 1Q ’25 $ in millions Linked-Quarter Variance & Commentary
1Q 2026 Net Income $363.7 $233.3 $309.2 $293.4 $329.1 Dollars in millions, except per share amounts. (1) Net operating income available to common shareholders is a non-GAAP measure, reconciled on slide 51; (2) Operating PTPP income and EPS is a non-GAAP measure, reconciled on slide 52; (3) Net gains/losses on any disposition or impairment of debt securities plus mark-to-market valuations of equity investments. EPS / common share (GAAP) Net Inc. Avail. to Common Shareholders Op. EPS / common share (1) Adjustments to Net Income $235.2 $259.8 $168.9 $225.4 $206.5 Net Income & Net Operating Income (1) Operating PTPP Income (2) Operating PTPP Income – gains/losses on inv. securities (3) Operating PTPP Income, ex. gains/losses on inv. securities Operating PTPP EPS (2) Available to Common Shareholders
Revenue Trends $ in millions Linked-Quarter $ ∆ % ∆ 1Q ’26 4Q ’25 1Q ’25 2Q ’25 3Q ’25
Net Interest Income & Margin 1Q ’25 2Q ’25 3Q ’25 4Q ’25 1Q ’26 NII, ex. PAA NII from PAA Reported NIM NIM ex. PAA $397.6 $467.0 $475.0 $522.5 $534.4 $ in millions $ in millions 2.75% 2.83% 2.78% 2.96% 3.05%
Noninterest Income Fee Income / Revenue Peer Median Fee Income / Revenue (1) (1) UMB peers (14 banks), data as of latest available quarter; Source: S&P Capital IQ. Peer group defined on slide 56. Investment Securities Gains (Losses) Brokerage Fees Trust / Securities Processing Bankcard Fees Trading / Invest. Banking Other Income Deposit Svc. Charges. $204.8 $166.2 $222.2 $203.3 $198.4 Composition / Changes in Inv. Securities Gains (Losses) and Trust & Securities Processing Linked-Quarter Commentary $ in millions $ in millions Linked-Quarter Noninterest income increased $6.4mm, or 3.2% to $204.8mm for 1Q’26. LQ variances include: Includes $5.9mm gain on previously charged off HTLF loans vs. $0.5mm in 4Q + $2.2mm in trust & securities processing income driven by strong performance in asset servicing and corporate trust + $1.7mm in deposit service charges related to interest-bearing DDA accounts + $1.5mm in investment banking income due to higher levels of municipal trading activity + $0.9mm in investment securities gains Partial offsets: - $3.8mm in COLI income, with similar decrease in deferred compensation expense
Noninterest Expense (1) Operating noninterest expense is a non-GAAP metric, reconciled on slide 52; (2) See slide 12 for additional detail on acquisition expense. Linked-Quarter Commentary 1Q ’25 2Q ’25 3Q ’25 4Q ’25 1Q ’26 GAAP expense; $ in millions Linked-Quarter $ ∆ % ∆ GAAP noninterest expense decreased $44.7mm, or 10.5% from 4Q’25 to $380.9mm. On an operating basis, which excludes acquisition expense, (2) severance expense and adjustments to FDIC special assessments, noninterest expense was $375.4mm, a decrease of $16.4mm, or 4.2% linked-quarter. (1) Notable 1Q’26 variances impacting operating noninterest expense: - $5.8mm in total salary and benefit expense related to lower bonus and commission accruals and wage expense, and a $3.9mm decline in deferred compensation expense, partially offset by seasonal increases in payroll taxes, insurance and 401(k) expense - $2.9mm in combined equipment expense and processing fees related to lower software and subscription costs - $1.5mm in marketing expense driven by timing of multiple advertising campaigns and decreased travel and entertainment expense - $1.2 million in supplies and services due to lower computer hardware expense
$ 37,139 $ 38,344 $ 39,383 $ 32,310 Diversified Loan Portfolio $ 36,407 1Q ’25 4Q ’25 1Q ’26 6.28% Linked-Quarter $ ∆ California: 4% Illinois: 2% Wisconsin: 2% Greater MO: 3% Kansas: 1% New Mexico: 2% Iowa: 1% Minnesota: 1% Nebraska: 1% Oklahoma: 1% Smaller Regions: Loans Across Our Footprint Avg. balances; $ in millions Avg. balances; $ in millions 6.26% Inv. CRE Asset-Based C&I Resi. R/E Consumer Construction Credit Card Avg. Loan Yield Loan Yield ex. PAA OO CRE 6.27% % ∆ 6. 14% * Includes NDFI loans. * Kansas City 23% Colorado 19% Arizona 10% St. Louis 14% Texas 11% Utah 5% 5. 99%
Quarterly Loan Activity (1) Net of loan marks & balances reclassified to securities portfolio; (2) Percentage impacted by acquired loan balances. (2) (1) 1Q ’26 4Q ’25 1Q ’25 2Q ’25 3Q ’25 $ in millions
Strong Asset Quality Dollars in millions. (1) Delinquencies represent accruing loans > 30 days past due. Net Loan Charge-Offs (Recoveries) Delinquencies (1) Nonperforming Loans Allowance for Credit Losses on Loans Allowance for Credit Losses on Loans ACL / Total Loans Net Charge-offs NCOs / Average Loans Delinquencies Delinquencies / Loans Nonperforming Loans NPLs / Total Loans
Detailed Net Charge-Off History Recent Quarterly Trends Annual 2009 2010 2008 2004 2005 2006 2007 2011 2012 2013 2014 2019 2020 2018 2015 2016 2017 2021 2022 2023 2024 1Q ’26 4Q ’25 1Q ’25 2Q ’25 3Q ’25 2025
Available-for-Sale (1) High-Quality Investment Portfolio $13,613 $9,635 $11,407 $12,815 $5,697 $5,628 $5,598 $5,712 Average balances - $ in millions Average Blended Yield Treasuries Corp. & Commercial Paper GNMA/GSE Mortgage-Backed GSE Agencies General Obligation Municipals Collateralized Loan Obligations Revenue Bonds $13,529 (1) Balances are presented at carrying value, which is fair value for the available-for-sale portfolio and amortized cost for the held-to-maturity portfolio. Average balances - $ in millions Held-to-Maturity (1) $5,455
Securities Portfolio Statistics Amortized Cost Fair Value Net Unrealized Loss $ in millions; as of 03/31/26 (1) Purchase activity, cash flow and duration excludes HTM industrial revenue bonds; (2) Total portfolio yield is influenced by roll off and reinvestment activity as well as changes in premium amortization and discount accretion; (3) Purchases for roll-off and overbuy, net of purchases related to sales/trades or short-term collateral needs. Securities Portfolio Activity (1) (2) $ in millions
Diversified Deposit Mix $57,574 $55,649 $56,764 $57,554 Commercial Personal Institutional Commercial Banking 43% Consumer & Private Wealth 23% Capital Mkts & Corp. Trust 10% Healthcare Services 6% Fund Services 11% Investor Solutions 7% 27% 26% 24% 26% $50,285 Deposits by Line of Business Interest-Bearing Demand & Savings Demand Deposits Time Deposits DDA / total deposits Average Total Deposit Cost Avg. balances; $ in millions 26% 1Q ’25 4Q ’25 1Q ’26 Linked-Quarter $ ∆ Avg. balances; $ in millions % ∆
Interest Rate Sensitivity Increase / decrease based on hypothetical rate changes and stable balance sheet Projected rates for new loans and deposits based on historical analysis, management outlook and repricing strategies Asset prepayments and other market risks developed from industry estimates of prepayment speeds and other changes Ramp Scenario 71% of total end-of-period loans, or ~ $28.5B, are variable 75% of total loans reprice within 12 months Of variable loans - % tied to indices for next 12 months: Year 2 Year 1 - 300 - 200 - 100 + 100 Shock Scenario Year 2 Year 1 76% - 1-Month SOFR 80% adjust monthly 12% adjust daily 20% - Prime 23% adjust monthly 62% adjust daily Floor Contracts – indexed to 1 Month SOFR; 4–6-year terms Interest Rate Floor Spreads Impact to Net Interest Income Loan Maturities & Repricing Cash Flow Hedges of Interest Rate Risk 4% - Treasury & other 4.05% contract; notional value of $125mm, effective 10/24 4.80% contract; notional value of $250mm, effective 12/24 5.05% contract; notional value of $250mm, effective 03/25 Ten floor spreads; aggregate notional value of $2.375B Weighted average rate: 4.84% / 2.37% Deposit Mix by Rate Sensitivity Fixed Rate Loans Variable Rate Loans Hard Indexed – immediate adjustment Soft Indexed – negotiated / bid accounts Non-Indexed Interest-Bearing DDA $3.2 billion of fixed rate loans reprice within 12 months; average rate 4.85% Average for 1Q’26
Capital & Liquidity Position As of March 31, 2026 $ in billions CET 1 Total Capital Tier 1 Leverage Tangible Common Equity Ratio (1) 7.44% Total Common Equity / Total Assets 10.37% 6.50% 10.00% 5.00% (1) Tangible common equity and tangible common equity ratio are non-GAAP measures, reconciled on slide 53. 13.53% 11.16% 8.73% Regulatory Capital Ratios Ample Liquidity Available Liquidity Sources $7.4B $7.4B $7.0B $5.8B $5.7B 9.1% 8.8% 13.3% 12.0% 11.0% Fed funds & resell agreements Int-bearing due from banks % of average earning assets $ billions UMBF ratio “Well Capitalized” 11.74% 8.00% Tier 1
Line of Business Updates
Commercial Banking Commercial Capabilities Investment Real Estate Industrial Multi-family Office Retail Hotel Student Housing Agribusiness Asset-based Lending Energy Lending Lending Verticals C&I Lending Owner-Occupied CRE Middle Market Working capital lines Equipment loans Business Banking Practice Finance Small Business Banking Small / Medium Business Middle Market 52% Investment Real Estate 28% Sm./Med Biz 7% Specialized Verticals 13% $33.9B (1) Average loan balances for 1Q‘26, excluding credit card; (2) Rank among U.S. Visa and Mastercard Commercial Card Issuers, Source: Nilson Report, May ‘25; (3) “Production ag lending” per ABA 4Q ‘25, FDIC data. #12 of 100 Largest Farm Lenders in the U.S. (3) Commercial Credit Card Purchase Volume (2) TOP 15 Prepaid & Purchasing Card Volume (2) TOP 10 Commercial Lending Portfolio Average Loan Balance & Composition (1) Franchise Lending Healthcare Lending
Commercial Banking C&I Lending C&I loans of $17.5B as of 03/31/26 = 43.5% of UMB loans Includes Middle Market, Lending Verticals and Small / Medium Business Considerations Internal limits on loan size and projects per sponsor Concentration guidelines for all lending verticals, monitored for changing conditions Food & Beverage 2% Tech & Media 2% Finance & Insure 2% Materials & Commodities 2% Manu-facturing 3% Retail 3% Healthcare 2% Commercial Services 3% Other (2) 5% Agri-business 3% Energy-Related 3% Average Line Utilization Trends Construction & Real Estate Industry 6% (1) End-of-period balances as of 03/31/26. C&I Industries as % of Total UMB Loans (1) Commercial & Industrial Statistics (2) Other - 5% of total UMB loans Auto-related Diversified / Misc. Transportation Entertainment / Rec. Consumer Services Apparel / Textiles Govt. / Education Utilities Non-Depository Financial Institutions 7% C&I Balance Trends
Loans to Private Credit Funds ~$300mm, primarily secured by diversified portfolios of senior secured loans 30% are subscription lines Average LTVs of loans within the fund portfolios are 35-45% In addition, UMB’s advance rate averages <50% against the funds’ loan portfolios Comprised of clients with diversified holdings & strong credit structures Low leverage at the fund level & conservative UMB loan-to-value metrics 32% of total loans in NDFI categories are subscription lines > 98% of NDFI balances are pass-rated Negligible charge-offs over the past 20 years (<$225k) (1) “Subscription Lines” – Also known as “capital call lines,” are lines of credit to an investment fund to provide liquidity that allows it to make investments in advance of receiving capital call payments from investors. Collateral is assignment of “uncalled investor capital.” Investor proceeds from capital call payments are used to pay down the LOC. All subscription lines included in NDFI totals = $0.8 billion Average loan size of our subscription lines = $14.5 million Non-Depository Financial Institutions (NDFI) loans in $ billions; categories based on Call Report Schedule RC-C definitions. (1) On a best-efforts basis to apply new regulatory guidance to prior period metrics. Other may Include: Investment banking / brokerage Special purpose funds Portfolio management / advice Publicly-listed funds Private Equity Funds All Other NDFI Loans Business Credit Intermediaries $1.0B 2.4% Consumer Credit Mortgage Credit $0.1B 0.3% $0.1B PE Fund Subscription Lines $0.7B 1.8% 0.3% Other PE Funds $0.2B 0.5% $0.1B 0.2% Other Bus. Credit Intermediaries $0.2B 0.6% Priv. Credit Sub. Lines Private Credit Funds $0.2B 0.5% $2.6 Billion 6.6% of total loans Commercial Banking Loans to Non-Depository Financial Institutions Business Credit Intermediaries Other Business Credit Intermediaries ~$200mm, predominantly commercial and equipment leasing NDFI Loans as % of Total UMB Loans NDFI Portfolio Quality Business Credit = 1.3% of total loans 80% of loans to PE funds are subscription lines
Commercial Banking Commercial Real Estate Sr. Living 1-4 Unit Rentals Vacant Land Other (3) Investment CRE & Construction Portfolio $10.8B = 27.0% of total UMB loans Average Loan-to-Value: 57% Loans with Recourse: 86% Investment Real Estate Rate Type: Fixed – 27% Variable – 73% End-of-period balances as of 03/31/26. (1) Excludes owner-occupied commercial real estate; (2) Defined as Tier 1 capital plus an adjusted allowance for credit losses, per regulatory guidelines. Investment CRE Geographic Diversity Owner-Occupied CRE & Farmland $5.8B = 14.5% of total UMB loans New purchase or refinance Rate Type: Fixed – 53% Variable – 47% Owner - Occ 12% Farmland 2% $5.8B $10.8B By property location (3) Other - 2% of total UMB loans Self-storage Mixed Use Healthcare Homebuilder Special Purpose Student Housing Manufactured Housing (No state > 2.6%) CRE Statistics Investment CRE as % of Total UMB Loans (1) Const. / Land Dev. 8% Investment CRE 19% Industrial 8% Multifamily 7% Office 3% Retail 2% Hotel 2% 2% 1% 1% 1% Regulatory Concentrations (2)
Personal Banking Consumer Loans (1) Growth engine for new customers; deepening existing relationships 70.0 Industry Average (2) 38.0 Private Banking NPS Score Strategically positioned for sales growth Retail Banking Hybrid Service & Sales Model – Provides broad products and services to meet diverse client needs High Customer Satisfaction Consumer serves personal banking needs of clients across all divisions of the bank 192 Banking Centers (3) 350 ATMs $3.8B 45 Average Private Banking Deposits Private Bankers Across 13 regions Deposits (1) Mortgage 21 MLOs across UMB Footprint Community Development Competitive mortgage solutions for all client types Average Mortgage Balances Diverse client engagement in our communities 72 Financial Education Classes 12 Community Partners Served 1,440 Community Participants Key Products Offered Fannie Mae / Freddie Mac Portfolio on balance sheet mortgages Secondary market mortgages 1st Time Homebuyer Assistance $3.7B Expanding Consumer Presence Digital Capabilities across Consumer Digital loan and deposit application and originations Mobile Banking: Deposits, transfers, bill pay, acct review and more $11.0B $4.0B $4.7B +21% $13.3B Metrics at, or for the quarter ended, 03/31/26, unless otherwise stated. (1) Average quarterly balances; (2) Net Promoter Score for 57 financial services companies, source JD Power. National average for all banks – 107,059 samples; (3) As of 03/31/26, we had 192 physical locations licensed with the OCC, including 189 retail branches plus 3 commercial or private banking centers. $13.3B $4.6B +15%
Personal Banking Private Wealth Management Composition as of 03/31/26. (1) Includes Assets Under Management and Assets Under Administration. Personal Trust 27% Investment Advisory 46% Non-Managed AUA 12% IRAs 7% Brokerage 4% Other 4% Customer Assets Wealth Management Financial planning Discretionary investment management Strategic wealth solutions for ultra-high net worth families Business succession and exit planning Brokerage services Retirement plan services Personal Trust & Custody Trust administration Charitable foundation planning and administration Personal custody services Unique asset administration Fine art management Insurance settlements Trust tax preparation Asset Management Direct private equity investment access $17.9B Managed Assets (AUM) $2.4B Non-Managed Assets (AUA) $ in millions New Assets / Sales (1)
UMB Private Investments Overview Target Investment Criteria Combines the strength of a dedicated investment team with the deep resources of UMB Financial Corporation Investment team and investment committee members bring multiple decades of experience Serves existing and prospective UMB Bank clients, cross-selling products and services, including treasury management, senior lending, card services and private banking $141mm Value of Active Holdings (1) 50 Active Portfolio Company Count (1) 200+ Businesses Reviewed Annually $230mm+ Total Capital Deployed to Date (1) Revenue EBITDA Investment size Security type $10mm - $100mm $2mm - $15mm $2mm - $8mm Minority common or preferred equity, convertible debt, subordinated or mezzanine, debt, warrants Manufacturing, distribution, business services, consumer products Growth capital, acquisitions or divestitures, recapitalizations, buyouts or ownership transitions Continental United States Key Verticals Transaction type Geography Providing flexible, tailored capital solutions—including minority equity or subordinated debt—to finance lower-middle market private businesses for long-term growth. (1) Data is in arrears; as of 12/31/25. Private Investments Minority Equity & Mezzanine Debt
Institutional Banking Fund Services & Institutional Custody $509B $553B $545B $565B Provides services for 2,500 funds, including registered and alternative funds, PE funds, real estate and venture capital funds, ETFs and more. One of the nation's leading providers of domestic and global custody, serving insurance companies, public and private corporations, nonprofits, municipalities, fund companies and endowments. Established in 1948. Net New Accounts March YTD Custody AUA +18.8% YoY +27 $543B Assets Under Administration Registered Funds & Alternative Investments Institutional Custody (1) With Intelligence ’19, ’20, ’22, ‘23 and ’25; (2) Hedgeweek US Awards ’25; (3) Private Equity Wire ’25; (4) Global Custodian Industry Leaders Awards ’25; (5) Private Credit US Awards ‘24. Best Interval Fund Administrator (1) Best Fund Accounting and Reporting Software (2) Administrator of the Year – Technology (3) Custodian Service of the Year (5) Innovation in Investor & Investment Data (4) Transfer Agency Alternative Servicing Fund Acct/Admin. Custody Note: Asset categories sum > total AUA due to shared client assets. Our leverageable service model is part of our asset servicing value proposition and we have long-term partnerships with some of the highest quality providers Client flow activity continues to remain strong despite industry headline noise Private Credit AUA ~$43B, or 7.6% of total 1Q’26 AUA is related to private credit funds AUA increased ~4.6% LQ driven by inflows, net of redemptions, at clients Private Credit Fee Income – Asset Servicing Annual fees from private credit is ~$13mm, or ~1.6% of annualized 1Q’26 fee income Deposit Impact Deposit balances tied directly to private credit fund activity is immaterial Private Credit Exposure
Institutional Banking Corporate / Specialty Trust & Capital Markets (1) Thomson Reuters municipal rankings, 4Q‘25. Ranked by number of issues. Corporate Trust & Escrow Services Provides trustee, paying agent and escrow services to municipal and corporate issuers. Paying Agent in U.S. (1) #2 Municipal Trustee in U.S. (1) #3 Specialty Trust & Agency Solutions Services for asset-backed securitizations, aviation and other transportation and real estate projects. Workout and successor trustee services on behalf of bondholders of defaulted transactions. Collateral administration for CLOs, credit funds, separate accounts and other portfolios of loans. +58% Examples of recent deals: Products and services offered through UMB Bank Capital Markets Division NOT FDIC INSURED | MAY LOSE VALUE | NOT BANK GUARANTEED. Capital Markets Division Capital solutions including fixed income sales, trading and underwriting for institutional, municipal and not-for-profit organizations. Growth in new business 2025 vs. 2025 Public Finance March YTD Closed Deals
FDIC Sweep Assets Under Administration $46B Institutional Banking Investor Solutions & Healthcare Services Investor Solutions Annual ACH Transactions Healthcare Services Provides a suite of tax-advantaged benefit accounts including Health Savings Accounts (HSAs), Flexible Spending Accounts (FSAs), Health Reimbursement Arrangements (HRAs), and Commuter Benefit Accounts. HSA Account Holders 1.8mm In HSA Deposits (3) $3.2B Top 10 HSA Custodians in the U.S. (1) TOP 10 Benefit Cards 5.5mm ~116mm ~ 5.3 mm accounts for December 2025 Recognized for Investment Quality (1) Sample BaaS Partnerships Named a Top HSA for Features & Investment Options (2) (1) #6 in total number of accounts and #8 in total assets as of December 31, 2025 - Devenir Research Year-End ’25; (2) Investor’s Business Daily ’23; (3) End-of-period balances as of 03/31/26. Our banking as a service (BaaS) solution offers deposit services to financial institutions and fintechs, including checking, saving, investment accounts, and expanded FDIC insurance through our proprietary Sweep Program. In HSA Invested Assets (3) $1.8B
Payments Credit & Debit Card Products Dollars in millions. (1) Rank in commercial, consumer and small business cards among top 50 U.S. Visa & Mastercard issuers in 2025. Source: Nilson Report, Year-End ‘25. Card Purchase Volume & Interchange Trends 22nd in U.S. Credit Card Purchase Volume (1) #22 $5,593 $5,601 $5,443 $5,391 $5,406 Interchange Income Consumer Credit Healthcare Debit Commercial Credit Inst. Cash Mgmt. Consumer Debit $5.6B 1Q ’26 Card Spend +3.4% YoY 13th in Number of Total U.S. Accounts (1) #13
Long-Term Annual Performance Trends
Differentiated Revenue Profile Multiple Sources of Growth Net Interest Income Fee Income Provides Diversity 33% 57% 30% $ 1,283 $1,291 $1,468 $613 $1,462 $731 $588 $778 $671 $825 $879 $983 $849 $1,012 $971 $1,098 Total Revenue 20 Year CAGR 9.4% Revenue Growth Annual NII Growth Annual Revenue Growth 12% 12% 18% 10% 3% 2% 1% 9% 4% 5% 18% 20% 13% 9% 10% -1% 14% -0.4% 13% 4% 9% 9% 6% 18% 6% 3% 4% 11% 1% 3% 8% 20 Year CAGR 5.9% Fee Income Growth $816 $731 $914 $303 $920 $317 $275 $320 $311 $333 $412 $559 $350 $610 $495 $671 1% 22% Net Interest Income (before provision) Noninterest Income (1) (2) % fee income Peer Median % Fee Income (4) Dollars in millions. (1) Noninterest income prior to ‘17 contains income from discontinued operations; (2) Noninterest income included a $108.8mm pre-tax gain on TTCF shares in ‘20 and a $66.2mm pre-tax gain on the sale of Visa Class B shares in ‘22; (3) ‘25 reflects acquisition of Heartland Financial; (4) UMB peers (14 banks) as of latest available annual period. Source: S&P Capital IQ. $188 $233 $1,862 $217 $1,001 $1,629 $440 $522 $2,652 $472 63% 8% 7% 10% 11% 86% 5% 15% 7% 9% 20 Year CAGR 12.1% (3) (3)
7% Balance Sheet Growth Across All Business Cycles Average Loans (1) Average annual balance in billions. (1) Loan balances exclude PPP loans for ’20 – ’22. (2) ‘25 reflects acquisition of Heartland Financial; (3) UMB peers (14 banks), as of latest available annual period. Source: S&P Capital IQ. Average Deposits Annual Loan Growth 12% 19% 19% 5% 2% 6% 10% 10% 18% 12% 21% 19% 9% 7% 10% 20 Year CAGR 13.0% 8% 49% 13% 14% 9% 8% 19% 37% 26% 25% 1% 14% 16% 11% 14% 10% 20% 13% 6% 11% 9% 4% 7% 14% 24% 20 Year CAGR 12.6% 11% 56% 3% 7% 4% Conservative Loans / Deposits (%) 20-year Avg: 61% Annual Deposit Growth Average IB Deposits % DDA / Deposits Peer Median % DDA / Deposits (3) Average DDA $28.9 $23.2 $31.3 $7.6 $31.8 $9.6 $6.5 $10.5 $8.5 $11.9 $14.1 $15.9 $12.7 $17.0 $15.3 $19.3 $5.1 $5.7 $55.1 $5.5 $35.3 $15.8 $14.1 $18.8 $4.4 $22.3 $4.8 $4.2 $5.3 $4.5 $6.2 $8.4 $10.8 $7.0 $11.6 $10.0 $12.8 $3.1 $3.9 $36.1 $3.6 $24.2 (2) (2)
Resilient Credit Metrics Through All Economic Environments Net Charge-Offs / Average Loans Nonperforming Loans / Loans Industry (2) UMBF Peer Median (1) Industry (2) UMBF Peer Median (1) (1) UMB peers (14 banks), as of latest available annual period. Source: S&P Capital IQ; (2) All FDIC-insured banks, as of last available annual period. Source: FDIC. 0.23% ‘05 – ‘25 Average 0.27% ‘05 – ‘25 Average 0.38% 0.06% 0.62% 0.37% 0.53% 0.96%
Capital & Liquidity Supports Growth Outlook UMBF Peer Median (1) UMBF Peer Median (1) UMBF Peer Median (1) (1) UMB peers (14 banks), as of latest available annual period. Source: S&P Capital IQ; (2) Tangible equity and tangible assets are non-GAAP measures, reconciled on slide 53; (3) As defined by S&P Capital IQ: “Cash, cash equivalents, and investment securities/assets.” Tangible Equity / Tangible Assets (2) Peer Median TCE / Tang. Assets (1) UMBF Equity / Assets UMBF TCE / Tang. Assets (2) Common Equity Tier 1 Capital Ratio Equity / Assets Cash & Securities / Assets (3) Average Loans / Average Deposits 20% 15% 10% 5% 0% 100% 75% 50% 25% 0%
Risk-Adjusted Returns Rowing Close to Shore UMBF Peer Median (1) (1) UMB peers (14 banks), data as of latest available annual period. Source: S&P Capital IQ; (2) The numerator for the calculation of Return on Risk-Weighted Assets is GAAP net income, which included expenses related to the FDIC special assessment, recognized in 2023, 2024 and 2025. UMBF Peer Median (1) Risk-Weighted Assets / Assets Return on Risk-Weighted Assets (2)
Dividend Trends Sustained Growth (1) Dividends adjusted for 2-for-1 stock split in 2006. (2) Annualized 2026 full-year dividend assumes all 4 quarterly dividends are declared at $0.43/share, consistent with 1Q’26 dividend. The Board of Directors may declare dividends of different amounts in future quarters. Common Dividends Declared (1) FY ’26 = $1.72 (2) +5.5% vs. 2025 +273.9% annually 2006 – 2026
Outperformance Building Long-Term Value 20-Year Compounded Annual Growth Rates 2005 – 2025 UMBF KRX (2) Industry (4) Peer Median (3) Diluted Earnings Per Share Tangible Book Value Per Share (1) (1) Tangible book value per common share is a non-GAAP measure, reconciled on slide 54; (2) KBW Nasdaq Regional Bank Index (median of 46 banks with data reported for both 2005 and 2025); (3) UMB’s traditional peers (median of 14 banks); (4) Median of all publicly-traded banks with data reported for both 2005 and 2025. Peer, KRX & Industry source: S&P Capital IQ.
Appendix
Governance Our Board of Directors AC = Audit Committee; CC = Compensation Committee; GC = Governance Committee; RC = Risk Committee Advisory Directors Mariner Kemper Chairman of the Board Margaret Lazo CC, RC Susan Murphy AC, RC Tammy Peterman GC, RC Gordon Lansford AC (Chair), CC Robin Beery CC (Chair), RC K.C. Gallagher AC, RC Greg Graves Lead Independent Director, GC (Chair) Jenny Hopkins AC, RC Janine Davidson CC, GC Brad Henderson AC, RC Kris Robbins AC, RC (Chair) Josh Sosland GC, RC Leroy Williams CC, RC Tom Wood Jim Rine Vice Chairman
Forward-Looking Statements This presentation contains, and our other communications, may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Rule 175 promulgated thereunder, and Section 21E of the Securities Exchange Act of 1934, as amended, and Rule 3b-6 promulgated thereunder, which statements involve inherent risks and uncertainties. Forward-looking statements convey our expectations, intentions, or forecasts about future events, circumstances, results, or aspirations. All forward-looking statements are subject to assumptions, risks, and uncertainties, which may change over time and many of which are beyond our control. You should not rely on any forward-looking statement as a prediction or guarantee about the future. Our actual future objectives, strategies, plans, prospects, performance, condition, or results may differ materially from those set forth in any forward-looking statement. Some of the factors that may cause actual results or other future events, circumstances, or aspirations to differ from those in forward-looking statements are described in annual, quarterly and other applicable documents that are filed or furnished with the U.S. Securities and Exchange Commission (“SEC”). In addition to such factors that have been disclosed previously: risks related to current or future tariffs or trade restrictions, sanctions and other trade policies and the impact to UMB or its customers; macroeconomic and adverse developments and uncertainties related to the collateral effects of the collapse of, and challenges for, domestic and international banks, including the impacts to the U.S. and global economies; sustained levels of high inflation and the potential for an economic recession; and impacts related to or resulting from instability with respect to geopolitical developments, including in Venezuela, the Middle East and Russia’s military action in Ukraine, such as the broader impacts to financial markets and the global macroeconomic and geopolitical environments, may also cause actual results or other future events, circumstances, or aspirations to differ from our forward-looking statements. Any forward-looking statement made by us or on our behalf speaks only as of the date that it was made. We do not undertake to update any forward-looking statement to reflect the impact of events, circumstances, or results that arise after the date that the statement was made, except to the extent required by applicable securities laws. You, however, should consult disclosures (including disclosures of a forward-looking nature) that we may make in any subsequent documents that are filed or furnished with the SEC. Any statements about UMB Financial Corporation’s (“UMB”) plans, objectives, expectations, strategies, beliefs, or future performance or events constitute forward-looking statements. Such statements are generally identified as those that include words or phrases such as “believes,” “expects,” “anticipates,” “plans,” “objective,” or similar expressions or future or conditional verbs such as “will,” “would,” “should,” “could,” “might,” “may,” or similar expressions. Forward-looking statements involve known and unknown risks, uncertainties, assumptions, estimates, and other important factors that change over time and could cause actual results to differ materially from any results, performance, or events expressed or implied by such forward-looking statements. These forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially from those projected. Further information regarding UMB and factors which could affect the forward-looking statements contained herein can be found in UMB’s Form 10-K for the year ended December 31, 2025 (and which is available at on the SEC’s archive site, here,) and its other filings with the SEC.
Unaudited, dollars in thousands except per share data. (1) Calculated using marginal tax rate of 24.0%. Certain merger-related expenses are non-deductible. Non-GAAP Reconciliations The following are non-GAAP measures used from time to time. To the extent a non-GAAP measure is used in this presentation, a reconciliation to such measure’s closest GAAP equivalent is provided below. This information supplements the results that are reported according to GAAP and should not be viewed in isolation from, or as a substitute for, GAAP results. UMB believes that these measures may be useful to investors because they adjust for items that management does not believe reflect the Company’s fundamental operating performance. Definition and calculation for each metric shown below tables. Net Operating Income Available to Common Shareholders Net operating income available to common shareholders is defined as GAAP net income available to common shareholders, adjusted to exclude Day 1 acquisition provision expense, acquisitions and severance expenses, the FDIC special assessment, and the cumulative tax impact of these adjustments.
Non-GAAP Reconciliations Operating Pre-Tax, Pre-Provision Income Unaudited, dollars in thousands except per share data. Operating PTPP income for the relevant period is defined as GAAP net interest income plus GAAP noninterest income, less noninterest expense, adjusted to reflect the impact of excluding expenses related to acquisitions, severance expense, and the FDIC special assessment. Net interest income – FTE is defined as GAAP net interest income plus tax equivalent interest. Net Interest Income - FTE
Tangible common equity ratio is common shareholders’ equity, net of intangible assets, divided by total assets, net of intangible assets. Non-GAAP Reconciliations Unaudited, dollars in thousands. Tangible Common Equity Ratio Operating efficiency ratio is calculated as the company’s operating noninterest expense, net of amortization of other intangibles, divided by the company’s total non-GAAP revenue (calculated as net interest income plus noninterest income, less gains on sales of securities available for sale, net). Operating Efficiency Ratio
Non-GAAP Reconciliations Unaudited, dollars in thousands, except per share data. (1) Share count for December 31, 2005, adjusted for Company’s 2-for-1 stock split on May 31, 2006. Return on tangible common equity is calculated as net income available to common shareholders divided by the company's average tangible common shareholders' equity for the relevant period. Operating return on tangible common equity is calculated as net operating income available to common shareholders, divided by the company’s average tangible common shareholders’ equity. Return on Tangible Common Equity & Operating Return on Tangible Common Equity Tangible Book Value (“TBV”) Per Common Share Tangible book value per common share is defined as total common shareholders’ equity, net of intangible assets, divided by total common shares outstanding. (1)
Average Balances / Yields & Rates Tax-equivalent basis; Unaudited, dollars in thousands.
Our Peer Group ASB Associated Banc-Corp BOKF BOK Financial Corp. KEY KeyCorp COLB Columbia Banking System, Inc. HBAN Huntington Bancshares Inc. CFR Cullen/Frost Bankers, Inc. FHN First Horizon Corp. ONB Old National Bancorp PNFP Pinnacle Financial Partners SSB SouthState Corp. RF Regions Financial Corp. WAL Western Alliance Bancorporation WTFC Wintrust Financial Corp. ZION Zions Bancorporation
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Exhibit 99.3
UMB Financial Corporation News Release
1010 Grand Boulevard
Kansas City, MO 64106
816.860.7000
umb.com
//FOR IMMEDIATE RELEASE//
Media Contact: Stephanie Hollander: 816.729.1027
Investor Relations Contact: Kay Gregory: 816.860.7106
UMB Financial Corporation Declares Common and Preferred Dividends and Share Repurchase Authorization
KANSAS CITY, Mo. (April 28, 2026) – UMB Financial Corporation (Nasdaq: UMBF) announced today that the board of directors has declared the following dividends:
•
A quarterly dividend of $0.43 per share on the company’s common stock (UMBF), payable on July 1, 2026, to shareholders of record as of June 10, 2026, and
•
$193.75 per share of the Company's Series B 7.75% preferred stock (UMBFO), which results in a dividend of $0.484375 per depositary share. The preferred stock dividend is payable on July 15, 2026, to stockholders of record of the preferred stock as of the close of business on June 30, 2026.
The company also announced today that the board of directors has approved the repurchase of up to 2,000,000 shares of the company's common stock. Share repurchases may occur from time to time at any point until the regular meeting of the Board that immediately follows the 2027 annual meeting of the company's shareholders. Shares acquired under the repurchase program may be available for reissuance or resale, including in connection with the company's compensation plans and dividend reinvestment plan. Under the repurchase program, the company may acquire the shares from time to time in open market or privately negotiated transactions, at the discretion of management.
About UMB:
UMB Financial Corporation (Nasdaq: UMBF) is a financial services company headquartered in Kansas City, Mo. UMB offers commercial banking, which includes comprehensive deposit, lending, investment and retirement plan services; personal banking, which includes comprehensive deposit, lending, wealth management and financial planning services; and institutional banking, which includes asset servicing, corporate trust solutions, investment banking and healthcare services. UMB operates branches throughout Missouri, Arizona, California, Colorado, Iowa, Kansas, Illinois, Minnesota, Nebraska, New Mexico, Oklahoma, Texas, Utah, and Wisconsin. As the company’s reach continues to grow, it also serves business clients nationwide and institutional clients in several countries. For more information, visit UMB.com, UMB Blog, UMB Facebook and UMB LinkedIn.
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Document and Entity Information
Apr. 28, 2026
Document And Entity Information [Line Items]
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UMB FINANCIAL CORP
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Document Period End Date
Apr. 28, 2026
Entity File Number
001-38481
Entity Incorporation State Country Code
MO
Entity Tax Identification Number
43-0903811
Entity Address, Address Line One
1010 Grand Blvd.
Entity Address, City or Town
Kansas City
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MO
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Common Stock [Member]
Document And Entity Information [Line Items]
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Common Stock, $1.00 Par Value
Trading Symbol
UMBF
Security Exchange Name
NASDAQ
Series B Preferred Stock [Member]
Document And Entity Information [Line Items]
Security 12b Title
Depositary Shares, each representing a 1/400th interest in a share of 7.750% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series B
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UMBFO
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NASDAQ
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