UMBF 📈 UMB Financial - Overview

UMB Financial Corporation is a bank holding company that provides a wide range of financial services, including banking and asset servicing, to individuals, businesses, and institutions in the United States and internationally. The company's Commercial Banking segment offers a variety of financial solutions, such as commercial loans, credit cards, and commercial real estate financing, as well as more specialized services like asset-based lending, mezzanine debt, and minority equity investment. Additionally, this segment provides treasury management services, including depository services, account reconciliation, and cash management tools, to help businesses manage their finances more effectively.

The Institutional Banking segment is focused on serving the needs of institutional clients, such as pension funds, endowments, and insurance companies. This segment offers a range of services, including fund administration and accounting, investor services, and transfer agency services, as well as mutual fund services and alternative investment solutions. UMB Financial Corporation also provides fixed income sales, trading, and underwriting services, as well as corporate trust and escrow services, to help institutions manage their investments and financial transactions. Furthermore, the company offers healthcare payment solutions, including custodial services for health savings accounts and private label debit cards, to insurance carriers, third-party administrators, and other healthcare-related organizations.

The Personal Banking segment caters to the financial needs of individuals, offering a range of services such as deposit accounts, retail credit cards, private banking, and residential mortgages. This segment also provides internet banking, ATM network, brokerage and insurance services, as well as investment advisory, custody, and trust services, to help individuals manage their finances and achieve their financial goals. With a network of branches and offices, UMB Financial Corporation is well-positioned to serve the financial needs of its customers across the United States. Founded in 1913 and headquartered in Kansas City, Missouri, the company has a long history of providing financial services to its customers, and its website can be found at https://www.umb.com.

As a publicly traded company, UMB Financial Corporation's common stock is listed on the NASDAQ stock exchange under the ticker symbol UMBF, and its ISIN is US9027881088. The company is classified as a regional bank, which is a subset of the banking industry, and is subject to the regulations and oversight of the banking regulatory authorities. With its diverse range of financial services and its long history of serving its customers, UMB Financial Corporation is a significant player in the US banking industry, and its GICS Sub Industry classification as a Regional Bank reflects its focus on serving the financial needs of its customers in its local markets.