UMB Financial Corp (NASDAQ: UMBF) is a financial services company that operates through its principal subsidiary, UMB Bank, providing banking and related financial services across the Midwestern, Southwestern, and Western regions of the United States. The company makes money through net interest income on loans and deposits, fee-based services including asset management, trust, bankcard, and cash-management services, and fund services through its subsidiary UMB Fund Services, Inc. The Bank serves commercial, retail, government, and correspondent-bank customers. In April 2024, the company executed a forward sale agreement with BofA Securities to issue approximately 3.2 million shares of common stock, settling those agreements in the first quarter of 2025 for net proceeds of $235.1 million, in connection with a merger agreement announced at that time.

Revenue model

Net interest income from commercial and retail banking, plus fee income from asset management, trust services, bankcard, cash management, and fund administration services through UMB Fund Services, Inc.

Products and services

Commercial banking, retail banking, government banking, correspondent banking, asset management, trust services, bankcard services, cash management services, fund administration and services (UMB Fund Services, Inc.)

Customers and end markets

Commercial customers, retail customers, government entities, correspondent banks

Value-chain role

Deposit-taking and lending institution, asset manager, trust provider, fund services administrator

Geographic exposure

Primarily Midwestern, Southwestern, and Western United States; principal office in Missouri

Source: SEC 10-K, filed 2026-02-26

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