Kansas City, MO October 28, 2025
Corporate Overview
Highlights
Ticker UMBF - Nasdaq
Founded 1913
Total Assets $71.9 B
Market Cap $9.0 B
Total Deposits $60.1 B
Gross Loans $37.7 B
Institutional Assets Under Administration (AUA) (2)$641.5 B
Private Wealth Customer Assets (1)$20.8 B
Total Risk Based Capital Ratio 13.11%
Common Equity Tier 1 Capital Ratio 10.70%
Operating ROATCE (3)17.36%
Return on Average Common Equity 10.14%
192 banking centers (4)
347 ATMs
National Presence
Net Charge-off Ratio 0.20%
Nonperforming Loan Ratio 0.35%
ACL / Total Loans 1.07%
Asset-based lending
Healthcare Services
Private Wealth Management & Personal Trust
International Presence
Specialized Lending Verticals
Corporate Trust
Capital Markets (5)
Fund Services
Fee Income / Revenue 30.0%
UMBF Trust & Agency Services - Dublin, Ireland
At, or for the 3 months ended 09/30/25. (1) Includes $18.3B in managed assets and $2.5B in Assets Under Administration for Private Wealth customers; (2) Includes AUA in Fund Services / custody, corporate trust and Healthcare Services; (3) Operating ROATCE is a non-GAAP measure, reconciled on s lide 55; (4) As of 10/15/25, we had 192 physical locations licens ed with the OCC, including 189 retail branches plus
3 commercial or private banking centers; (5) UMB Bank, n.a. Capital Markets Division. 3
Business Model
Our Diverse Foundation
Commercial & Personal Banking Services
3Q'25 Revenue: $502.0 million. 3Q'25 Average Deposits: $39.3 billion
Commercial Consumer Private Wealth
Average loans: $31.8B (1)
Average deposits: $26.1B
C&I lending
Small business lending
CRE and Construction lending
Specialized Expertise:
Treasury management
Merchant payments
Retirement plan services
Average loans: $4.5B (1) (2)
Average deposits: $13.2B
Retail deposit and lending services through 192 banking centers (3) and online
Private banking services
Consumer mortgage
AUM = $18.3B AUA = $2.5B
Financial & estate planning
Investment management
Wealth solutions
Business succession and exit planning
Agribusiness
Energy
Practice finance
Franchise lending
Aviation
Asset-based lending
Beverage
Healthcare lending
Trust and custody
Direct private equity investment access
Insurance settlements
Retirement plan services
- Mezzanine debt and equity investments
Institutional Banking Services
3Q'25 Revenue: $176.4 million. 3Q'25 Average Deposits: $17.5 billion
Institutional Banking provides solutions for the entire marketplace; $641.5 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
Metrics at, or for quarter ended, 09/30/25 (1) Excludes credit card; (2) Includes consumer plus residential real estate loans; (3) As of 10/15/25, we had 192 physical locations licens ed with the OCC, including 189 retail branches plus 3 commercial or private banking centers; (4) Includes AUA in Fund Services/custody, corporate trust and Healthcare Services; (5) Products offered through UMB Bank Capital Markets Division:
NOT FDIC INSURED | MAY LOSE VALUE | NOT BANK GUARANTEED. 4
Investment ThesisOpportunity in Our Diverse Business Model
Diverse deposit base across multiple lines of business, customer segments and geographies
No one commercial sector represents more than 5% of total deposits
Long-tenured relationships with clients using multiple UMB products and services
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
Flexible balance sheet well-positioned for changing interest rate environments
Above peer earning asset growth
Lower loan-to-deposit ratio provides flexibility
24% of average deposit balances in DDA
Variable asset base - 69% of variable loans reprice within 12 months
$2.1 billion of securities cash flow expected within 12 months; average rate 3.59%
$3.0 billion of fixed-rate loans to reprice within 12 months; average rate 4.99%
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 24 years with UMB
Chief Credit Officer - 39 years with UMB
Ample liquidity sources and regulatory capital levels
Access to multiple contingent funding sources
Strong capital generation through earnings accretion
Focus on returning value to shareholders; risk-adjusted returns
EPS and tangible book value growth outpace peers over the long-term
Consistent dividend growth
5
Beyond Financials
Our Culture
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
Our Commitment
An unwavering commitment to doing more for our customers.
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 anuunsparalleled customer experience requires a culture where our people feel part of something more, something bigger.
the unparalleled customer experience
MORE OPPORTUNITY
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 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.
MORE HEART
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.
We foster this experience through our policies, our business decisions and our expectations of each associate.
6
Beyond Financials
Our Commitment to Corporate Citizenship
Inclusion & Diversity
We are a CEO Action for Inclusion & Diversity signatory and are dedicated
to fostering a workplace that embraces the diversity of our society.
Eight Business Resource Groups help us understand the needs of our associates, customers and communities and turn empathy into action.
In 2024, 29% of all legacy UMB hires were people of color, 49% were women and 2% were veterans.
47% of our executive leadership team are women and/or people of color.
Strong Corporate Governance
16-person board of directors, with 15 independent members, a lead
independent director, and 100% independence on board committees.
44% 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
$5.5mm in community support in 2024, which included housing needs, the arts, agriculture, small business, and education.
More than 800 associates participated in our matching gift program;
combined with workplace giving, associated giving totaled nearly $610k.
Associates receive 16 hours of paid Volunteer Time Off annually. 661 participants logged more than 8,300 hours of volunteer time in 2024, supporting 346 unique charities.
UMB's School of Economics held 140 sessions in 2024, reaching more than 8,000 students. Interactive education experiences help build financial skills and literacy.
Efficient & Sensible Resource Use
85 UMB locations use automated systems to conserve energy.
More than 136k Kilowatt hours generated from solar panels across our properties and exterior lighting upgrades saved 1.7mm Kilowatt hours in 2024.
2024 recycling efforts produced > 10 tons of comingled recycling, nearly 7 tons of cardboard and 443 pounds of recycled batteries.
Beehives housed at a Denver branch support the local honeybee population, with a peak of 250k resident bees across 6 colonies. Since installation, we've harvested 390 pounds of edible honey.
Read our 2024 Corporate Citizenship Report at UMB.com/ESGreport 7
ESG Efforts
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.
Fostering an inclusive environment among a diverse group of associates.
Employing strong, consistent and transparent governance practices.
Using an ESG lens in considering long-term financial sustainability and strategic risk management opportunities.
Purchase Accounting UpdateDubuque, IA
HTLF Acquisition Accounting Impacts
Net Interest Income Accretion
Non-interest Expense Amortization
$ in millions
Income (Expens e) Recognized
Remaining
$ in millions
Income (Expens e) Recognized
Remaining
1Q '25
2Q '25
3Q '25
@ 9/30/25
Loans (1)
$26.9
$37.8
$35.5
$384.3
Securities AFS
3.6
7.2
6.8
253.6
Securities HTM
0.9
1.3
1.3
60.7
As s et Accretion
31.4
46.3
43.6
698.6
LT Debt: Sub-debt & TruPS
(1.7)
(2.4)
(2.4)
25.4
Time Depos its
(1.1)
(1.7)
(0.5)
-
Liability Accretion
(2.8)
(4.1)
(2.9)
25.4
Total Accretion
$28.6
$42.2
$40.7
1Q '25
2Q '25
3Q '25
@ 9/30/25
Core Depos it Intangible (2)
$(14.4)
$(21.6)
$(21.6)
$416.6
Other Intangibles (3)
(1.2)
(1.8)
(1.8)
32.0
Total Amortization
$(15.6)
$(23.4)
$(23.4)
Net Interest Margin Impact
1Q '25
2Q '25
3Q '25
Net Interes t Margin (FTE)
2.96%
3.10%
3.04%
Les s acceleration from early payoffs of acquired loans
(0.02)
(0.09)
(0.04)
Net Interes t Margin, ex. accelerated accretion
2.94%
3.01%
3.00%
Les s accretion from acquired loans , s ecurities and interes t-bearing liabilities
(0.19)
(0.18)
(0.22)
Net Interes t Margin excluding all purchas e accounting adjus tments
2.75%
2.83%
2.78%
(1) Loan amounts recognized for 3Q'25 include $5.6mm in accelerated accretion from early payoffs of acquired loans and $29.9mm in contractual mark accretion on loans; YTD = $21.5mm from accelerations and $78.7mm contractual; (2) 10-year sum-of-years digits amortization; (3) Includes $23.5mm related to wealth management, straight-line amortization over 7 years, and $8.5mm related to purchased credit
card relationships, straight-line amortization over 3 years. 9
Projected Contractual Accretion
$ in millions
$111.4 million recognized YTD '25
Includes accretion on acquired loans, securities, time deposits and borrowings
Projections are updated quarterly, assume no prepayments and are subject to change
10
| Attention: This is an excerpt of the original content. To continue reading it, access the original document here. |
Attachments
- Original document
- Permalink
Disclaimer
UMB Financial Corporation published this content on October 28, 2025, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on October 28, 2025 at 20:13 UTC.
