UMB Financial (UMBF)
Combines commercial and personal banking with fund servicing, custody, trust, and healthcare payments.
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Provides commercial and personal banking across markets from Illinois to California, while Institutional Banking serves fund managers, bond issuers, employers, and financial intermediaries with fund administration, custody, corporate trust, and healthcare payments. Revenue combines lending spreads with service and transaction fees.
Operates Commercial Banking, Institutional Banking, and Personal Banking through UMB Bank and related subsidiaries. Commercial Banking supplies loans, deposits, treasury management, and specialty financing; Personal Banking adds retail accounts, consumer credit, mortgages, and private wealth services across markets stretching from Illinois to California.
Generates fee income through Institutional Banking, which includes UMB Fund Services, corporate trust, custody, capital markets, and healthcare payment solutions. Fund Services handles administration, accounting, transfer agency, and investor services, while Healthcare Services provides HSA custody and multipurpose benefit cards to employers and intermediaries.
Earnings combine net interest income from loans and deposits with fees from asset servicing, trust, cards, and payments. Results depend on credit quality, deposit funding and pricing, interest-rate conditions, financial markets, and regulation by banking and securities authorities.
Company facts
Target rangeAs of Sep 22, 2026
Latest analyst notes
| Date | Firm | Action | Prior | Current |
|---|---|---|---|---|
| Sep 14, 2026 | UBS | Initiate | Rating: —Target: — | Target: $155 |
| Sep 8, 2026 | Morgan Stanley | Reiterate | Rating: —Target: $159 | Target: $190 |
| Aug 27, 2026 | Raymond James | Target | Target: $145 | Target: $165 |
| Aug 10, 2026 | Wells Fargo | Reiterate | Rating: —Target: $139 | Target: $160 |
| Aug 4, 2026 | Truist Financial | Target | Target: $161 | Target: $170 |
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $779.9M · Total debt $3.56B · Total assets $72.26B · Shareholders' equity $8.03B
- Revenue
- $1.12B
- Operating income
- $350.4M
- Net income
- $277.6M
HistoryDividendAnnual yield
| Institutions | 97.28% | 110.83M shares | |
|---|---|---|---|
| 489 holders · as of Jun 30, 2026 | |||
| Insiders | 2.98% | 3.40M shares | |
| 29 holders · as of Sep 3, 2026 | |||
| Adds to | 100.26% | ||
113.93M company shares as of Sep 23, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
Two share counts disagree (113.93M in the company's Sep 23, 2026 report, 75.95M elsewhere); stakes use the report.
These groups come from separate filings that can overlap, so they add to 100.26%; nothing is left for Other.
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
BlackRock, Inc.Institution | 13.45% | 10.22M | as of Jun 30, 2026 |
Umb Bank, N.A.Institution | 6.16% | 4.67M | as of Jun 30, 2026 |
Vanguard Portfolio Management LLCInstitution | 5.55% | 4.21M | as of Jun 30, 2026 |
State Street CorpInstitution | 5.44% | 4.13M | as of Jun 30, 2026 |
Vanguard Capital Management LLCInstitution | 4.12% | 3.13M | as of Jun 30, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Sep 1, 2026 | Greg M. Graves | director | +573 | $139.60 |
| Sep 1, 2026 | Tamara Peterman | director | +394 | $139.60 |
| Aug 17, 2026 | Thomas S. Terry | officer: Chief Credit Officer | −5,713 | $151.77 |
| Aug 17, 2026 | Ram Shankar | officer: Chief Financial Officer | −2,000 | $151.61 |
| Aug 6, 2026 | Susan G. Murphy | director | −1,377 | $145.55 |
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Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| UMB Financial | $134.64 | +0.32% | $10.19B | 11.2 | 10.2 | 2.2 | +22.9% |
| Commerce Bancshares | $55.68 | 0.00% | $8.12B | 13.5 | 12.7 | 3.7 | +11.9% |
| BOK Financial | $130.90 | −0.11% | $7.96B | 12.3 | 12.6 | 2.3 | +4.8% |
| HealthEquity | $90.83 | −1.00% | $7.67B | 33.1 | 18.0 | 5.6 | +7.6% |
| Cullen/Frost Bankers | $155.95 | −0.13% | $9.70B | 14.8 | 13.7 | 3.7 | +9.4% |
| Zions Bancorporation | $63.52 | −0.20% | $9.29B | 8.1 | 9.7 | 1.8 | +4.8% |
| Old National Bancorp | $24.95 | −0.32% | $9.58B | 11.0 | 9.1 | 2.4 | +12.3% |
| WEX | $186.05 | +2.66% | $6.18B | 18.1 | 9.1 | 2.2 | +14.2% |
| Median | 13.5 | 12.6 | 2.4 | +9.4% |