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 UMB Financial Corporation Reports Fourth Quarter Net Income of $26.9 Million and Full-Year 2014 Net Income of $120.7 Million
   Tuesday, January 27, 2015 5:00:03 PM ET

--Fourth quarter 2014 earnings of $26.9 million, or $0.59 per diluted share, a decrease of $7.7 million compared to fourth quarter 2013 earnings

--Equity earnings on alternative investments decreased $19.6 million in the fourth quarter 2014 compared to the fourth quarter 2013 due largely to mark-to-market valuations related to Prairie Capital Management investments

--Noninterest income was 55.9 percent of total revenue for the fourth quarter 2014, down from 61.2 percent in the fourth quarter 2013

--Full-year 2014 earnings of $120.7 million, or $2.65 per diluted share, a decrease of $13.3 million compared to full-year 2013 earnings

--Net loans at December 31, 2014 increased 14.6 percent to $7.4 billion compared to December 31, 2013

--Nonperforming loans decreased to 0.37 percent of loans as of December 31, 2014, from 0.47 percent of loans as of December 31, 2013



--Total assets under management stood at $42.8 billion as of December 31, 2014, an increase of 3.4 percent compared to year-end 2013

--Announced agreement to acquire Marquette Financial Companies to expand our presence in key growth markets of Phoenix and Dallas

UMB Financial Corporation (UMBF ), a diversified financial holding company, announced earnings for the three months ended December 31, 2014, of $26.9 million or $0.60 per share ($0.59 diluted). This is a decrease of $7.7 million, or 22.3 percent, compared to fourth quarter 2013 earnings of $34.7 million or $0.78 per share ($0.77 diluted). Earnings for the year ended December 31, 2014, were $120.7 million or $2.69 per share ($2.65 diluted) or a decrease of $13.3 million, or 9.9 percent, compared to the prior year-end earnings of $134.0 million or $3.25 per share ($3.20 diluted).

"A decrease in equity earnings related to Prairie Capital Management coupled with the associated contingency reserve in 2014 was a primary cause of the change in net income year-over-year, masking the strength in our results," said Mariner Kemper, chairman and chief executive officer. "All in all, 2014 was another successful year for UMB. We continue to demonstrate strong business fundamentals with double-digit, year-over-year loan growth, excellent credit metrics, diversified revenue streams and strong customer relationships. We once again hold the top deposit market-share position in Kansas City, and we are pleased with the growth across our footprint. Expectations for continuing headwinds in 2015 only reinforce the value of our differentiated business model, which is time-tested, and we believe our long-term performance will continue to set us apart from our peers."

Net Interest Income and Margin

Net interest income for the fourth quarter of 2014 increased $5.0 million, or 5.8 percent, compared to the same period in 2013. Average earning assets increased by $697.0 million, or 4.8 percent, compared to the fourth quarter of 2013. This increase was due largely to an $837.2 million, or 12.9 percent, increase in average loans and a $177.3 million, or 2.5 percent, increase in average total securities, including trading securities, offset by a decrease of $339.7 million, or 37.3 percent, in interest-bearing due from banks. Net interest margin increased one basis point to 2.52 percent for the three months ended December 31, 2014, compared to the same period in 2013.

Noninterest Income and Expense

Noninterest income decreased $20.4 million, or 15.0 percent, for the three months ended December 31, 2014, compared to the same period in 2013. This decrease is primarily attributable to a decrease in equity earnings on alternative investments related to Prairie Capital Management (PCM) equity method investments of $19.6 million, or 129.7 percent. For the three months ended December 31, 2014, unrealized losses on PCM equity method investments totaled $4.5 million, compared to unrealized gains of $15.1 million for the same period last year. In addition, trust and securities processing income decreased $2.6 million, or 3.7 percent, for the three months ended December 31, 2014, compared to the same period in 2013. The decrease in trust and securities processing income was driven by a $6.7 million, or a 26.2 percent, decrease in advisory fee income from the Scout Funds, offset by a $1.9 million, or 8.3 percent, increase in fees related to institutional and personal investment management services, and a $1.7 million, or 8.3 percent, increase in fund administration and custody services. Other noninterest income decreased $2.5 million, or 40.5 percent, for the three months ended December 31, 2014, compared to the same period in 2013. Bankcard fees increased $3.0 million, or 20.6 percent, due to an increase in interchange income.

Looking at the fee businesses, Kemper said, "In the fourth quarter, noninterest income for Scout Investments decreased $5.7 million due largely to the shift in the mix of assets under management for the fourth quarter 2014 relative to the mix in the fourth quarter of 2013. AUM for the quarter remained approximately the same at $31.2 billion, but equity assets were 33 percent of total AUM in the fourth quarter 2014 compared to 51 percent in the same period a year ago. In other fee businesses, trust and securities processing income for Fund Services increased 8.3 percent in the fourth quarter, compared with the same period a year ago, driven by assets under administration of $198.3 billion as of December 31, 2014. In Payment Solutions, fourth quarter card purchase volume was $2.1 billion, driving bankcard fees to $17.3 million."

Noninterest expense decreased $3.7 million, or 2.2 percent, for the three months ended December 31, 2014, compared to the same period in 2013. Processing fees decreased $1.4 million, or 9.6 percent, primarily due to a decrease in fees paid by the advisor to third-party distributors of the Scout Funds. Other noninterest expense decreased by $9.7 million, or 64.8 percent, due to a $7.7 million decrease in fair value adjustments on contingent consideration liabilities. Salaries and employee benefits expense increased $1.4 million, or 1.6 percent, due to an increase in salaries and wages of $3.4 million, or 6.2 percent, offset by a decrease in employee benefits expense of $1.6 million or 11.0 percent. Equipment expense increased by $1.4 million, or 10.8 percent, due to an increase in computer hardware and software expenses. Bankcard expenses increased $2.2 million, or 49.3 percent, due to an increase in bankcard fraud losses of $1.9 million. Legal and consulting expenses increased $2.1 million, or 35.7 percent. Included in total noninterest expense for the three month period ended December 31, 2014 is $1.9 million of acquisition-related expenses, including $1.7 million of legal and consulting expenses, related to the pending acquisition of Marquette Financial Companies.

Balance Sheet

Average total assets for the three months ended December 31, 2014, were $16.2 billion compared to $15.5 billion for the same period in 2013, an increase of $0.7 billion, or 4.5 percent. Average earning assets increased by $0.7 billion, or 4.8 percent, for the year.

Average loan balances for the three months ended December 31, 2014, increased $0.8 million, or 12.9 percent, to $7.3 billion compared to the same period in 2013. Actual loan balances on December 31, 2014, were $7.5 billion, an increase of $0.9 billion, or 14.5 percent, compared to December 31, 2013. This increase was primarily driven by an increase in commercial loans of $512.5 million, or 15.5 percent, an increase in commercial real estate loans of $164.2 million, or 9.6 percent, an increase in construction loans of $103.1 million, or 67.5 percent, and an increase in HELOCs of $77.5 million, or 13.7 percent. Nonperforming loans, defined as nonaccrual loans and restructured loans, decreased to $27.4 million on December 31, 2014, from $30.7 million on December 31, 2013. As a percentage of loans, nonperforming loans decreased to 0.37 percent as of December 31, 2014, compared to 0.47 percent as of December 31, 2013. The company’s allowance for loan losses totaled $76.1 million, or 1.02 percent of loans, as of December 31, 2014, compared to $74.8 million, or 1.15 percent of loans, as of December 31, 2013.

For the three months ended December 31, 2014, average securities, including trading securities, totaled $7.2 billion. This is an increase of $177.3 million, or 2.5 percent, from the same period in 2013.

Average total deposits increased $151.1 million, or 1.2 percent, to $12.9 billion for the three months ended December 31, 2014, compared to the same period in 2013. Average noninterest-bearing demand deposits increased $500.4 million, or 10.2 percent, compared to 2013. Average interest-bearing deposits decreased by $349.3 million, or 4.5 percent, in 2014 as compared to 2013. Total deposits as of December 31, 2014 and 2013 remained the same at $13.6 billion. Also, as of December 31, 2014, noninterest-bearing demand deposits were 41.4 percent of total deposits, compared to 38.0 percent as of December 31, 2013.

As of December 31, 2014, UMB had total shareholders’ equity of $1.6 billion, an increase of 9.1 percent, as compared to December 31, 2013.

Year-to-Date

Earnings for the year ended December 31, 2014, were $120.7 million or $2.69 per share ($2.65 diluted). This is a decrease of $13.3 million, or 9.9 percent, compared to the prior year-end earnings of $134.0 million or $3.25 per share ($3.20 diluted).

Net interest income for the year ended December 31, 2014, increased $16.8 million, or 5.0 percent, compared to the same period in 2013. Average earning assets increased by $1.0 billion, or 6.9 percent, compared to the same period in 2013. This increase was due primarily to a $754.0 million, or 12.1 percent, increase in average loans, and a $179.3 million, or 27.0 percent, increase in interest-bearing due from banks. Net interest margin decreased six basis points to 2.49 percent for the year ended December 31, 2014, compared to the same period in 2013.

Noninterest income increased $6.9 million, or 1.4 percent, to $498.7 million for the year ended December 31, 2014, as compared to the same period in 2013. The increase in noninterest income is primarily driven by increased trust and securities processing income of $22.1 million, or 8.3 percent. The increase in trust and securities processing income was primarily due to a $12.8 million, or 15.4 percent, increase in fees related to institutional and personal investment management services, and an $8.4 million, or 10.6 percent, increase in fund administration and custody services, offset by a $1.9 million, or 2.0 percent, decrease in advisory fee income from the Scout Funds. Bankcard fees increased $5.2 million, or 8.4 percent, due to increased interchange income. These increases in noninterest income were offset by a decrease in gains on sales of securities available for sale of $4.4 million, or 51.7 percent, and a decrease in equity earnings on alternative investments on PCM equity method investments of $15.1 million, or 79.1 percent, for the year ended December 31, 2014, compared to the same period in 2013.

Noninterest expense increased $42.7 million, or 6.8 percent, for the year ended December 31, 2014, compared to the same period in 2013. This increase was driven by an increase in salaries and employee benefits expense of $18.9 million, or 5.6 percent, an increase in equipment expense of $4.4 million, or 9.0 percent, and a $20.3 million contingency reserve. These increases were offset by a decrease in other noninterest expense of $4.6 million due to a decline in the fair value adjustments on contingent consideration liabilities.

Dividend Declaration

At the company’s quarterly board meeting, the Board of Directors declared a $0.235 per share quarterly cash dividend, payable on April 1, 2015, to shareholders of record at the close of business on March 10, 2015.

Forward-Looking Statements:

This 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, 2013, 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 SEC. 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. 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 (UMBF ) is a diversified financial holding company headquartered in Kansas City, Mo., offering complete banking services, payment solutions, asset servicing and institutional investment management to customers. UMB operates banking and wealth management centers throughout Missouri, Illinois, Colorado, Kansas, Oklahoma, Nebraska, Arizona and Texas. Subsidiaries of the holding company include companies that offer services to mutual funds and alternative-investment entities and registered investment advisors that offer equity and fixed income strategies to institutions and individual investors. For more information, visit umb.com, umbfinancial.com, blog.umb.com or follow us on Twitter at @UMBBank, Facebook at facebook.com/UMBBank and LinkedIn at linkedin.com/company/umb-bank.

                                                      
Consolidated Balance Sheets                                                                                                   UMB Financial Corporation
-------------------------------------------------- -------------------- -------------------- -------------------- ------------------------------------------------------------------------------------------
(unaudited, dollars in thousands)                                                                                               
                                                                                                                                                           December 31,
Assets                                                      2014                  2013
-------------------------------------------------- -------------------- -------------------- -------------------- ---------- -------------------- -------------------- -------------------- --------------------
                                                                                                                                                                                             
Loans                                                                                                           $  7,465,794                                                              $            6,520,512
    Allowance for loan losses                                                                    (76,140)                   (74,751)
                                                                                             -------------------- ---------- -------------------- -------------------- -------------------- --------------------
        Net loans                                                                               7,389,654                  6,445,761
                                                                                             -------------------- ---------- -------------------- -------------------- -------------------- --------------------
Loans held for sale                                                                                                      624                                                                               1,357
Investment securities:
    Available for sale                                                                                             6,911,936                                                                           6,762,411
    Held to maturity                                                                                                 278,054                                                                             209,770
    Trading securities                                                                                                27,203                                                                              28,464
    Federal Reserve Bank Stock and other                                                           68,474                     50,482
                                                                                             -------------------- ---------- -------------------- -------------------- -------------------- --------------------
        Total investment securities                                                             7,285,667                  7,051,127
                                                                                             -------------------- ---------- -------------------- -------------------- -------------------- --------------------
Federal funds and resell agreements                                                                                  118,105                                                                              87,018
Interest-bearing due from banks                                                                                    1,539,386                                                                           2,093,467
Cash and due from banks                                                                                              444,299                                                                             521,001
Bank premises and equipment, net                                                                                     257,835                                                                             249,689
Accrued income                                                                                                        79,297                                                                              78,216
Goodwill                                                                                                             209,758                                                                             209,758
Other intangibles                                                                                                     43,991                                                                              55,585
Other assets                                                                                      132,344                    118,873
                                                                                             -------------------- ---------- -------------------- -------------------- -------------------- --------------------
        Total assets                                                                                            $ 17,500,960                        $           16,911,852
                                                                                             ==================== ========== ==================== ==================== ==================== ====================
                                                                                                                                                                                             
                                                                                                                                                                                             
Liabilities
--------------------------------------------------
Deposits:
    Noninterest-bearing demand                                                                                  $  5,643,989                                                              $            5,189,998
    Interest-bearing demand and savings                                                                            6,709,281                                                                           7,001,126
    Time deposits under $100,000                                                                                     424,925                                                                             491,792
    Time deposits of $100,000 or more                                                             838,664                    957,850
                                                                                             -------------------- ---------- -------------------- -------------------- -------------------- --------------------
        Total deposits                                                                         13,616,859                 13,640,766
                                                                                             -------------------- ---------- -------------------- -------------------- -------------------- --------------------
Federal funds and repurchase agreements                                                                            2,025,132                                                                           1,583,218
Short-term debt                                                                                                            -                                                                                 107
Long-term debt                                                                                                         8,810                                                                               5,055
Accrued expenses and taxes                                                                                           180,074                                                                             153,450
Other liabilities                                                                                  26,327                     23,191
                                                                                             -------------------- ---------- -------------------- -------------------- -------------------- --------------------
        Total liabilities                                                                      15,857,202                 15,405,787
                                                                                             -------------------- ---------- -------------------- -------------------- -------------------- --------------------
                                                                                                                                                                                             
Shareholders’ Equity
--------------------------------------------------
Common stock                                                                                                          55,057                                                                              55,057
Capital surplus                                                                                                      894,602                                                                             882,407
Retained earnings                                                                                                    963,911                                                                             884,630
Accumulated other comprehensive income                                                                                11,006                                                                            (32,640)
Treasury stock                                                                                  (280,818)                  (283,389)
                                                                                             -------------------- ---------- -------------------- -------------------- -------------------- --------------------
        Total shareholders’ equity                                                              1,643,758                  1,506,065
                                                                                             -------------------- ---------- -------------------- -------------------- -------------------- --------------------
        Total liabilities and shareholders’ equity                                                              $ 17,500,960                        $           16,911,852
                                                                                             ==================== ========== ==================== ==================== ==================== ====================
                                                                                                                                                                                             
                                                                                                                                                        
Consolidated Statements of Income                                                                                                                   UMB Financial Corporation
---------------------------------------------------------- -------------------- -------------------- -------------------- -------------------- -------------------- -------------------- -------------------- -------------------- -------------------- -------------------- -----------------------------------------------------------------------------------------------
(unaudited, dollars in thousands except share and per share data)                                                                                                                                                                                                                          
                                                                                                                                                Three Months Ended                                                                                                                                                     Year Ended
                                                                                                                                                   December 31,                                                                                                                                                       December 31,
Interest Income                                                                                              2014                       2013                  2014                  2013
----------------------------------------------------------                                           -------------------- -------------------- -------------------- -------------------- -------------------- -------------------- -------------------- -------------------- ---------- -------------------- -------------------- -------------------- --------------------
Loans                                                                                              $               64,433                                                              $               59,206                                                              $    245,278                                                              $              229,665
Securities:
 Taxable interest                                                                                                  19,338                                                                              18,881                                                                    76,204                                                                              75,202
 Tax-exempt interest                                                                                                9,759                     10,183           39,209                     40,399
                                                                                                     -------------------- -------------------- -------------------- -------------------- -------------------- -------------------- -------------------- -------------------- ---------- -------------------- -------------------- -------------------- --------------------
   Total securities income                                                                                         29,097                                                                              29,064                                                                   115,413                                                                             115,601
Federal funds and resell agreements                                                                                    93                                                                                  67                                                                       259                                                                                 193
Interest-bearing due from banks                                                                                       510                                                                                 642                                                                     2,525                                                                               1,918
Trading securities                                                                                                     85                        152              396                        964
                                                                                                     -------------------- -------------------- -------------------- -------------------- -------------------- -------------------- -------------------- -------------------- ---------- -------------------- -------------------- -------------------- --------------------
    Total interest income                                                                                          94,218                     89,131          363,871                    348,341
                                                                                                     -------------------- -------------------- -------------------- -------------------- -------------------- -------------------- -------------------- -------------------- ---------- -------------------- -------------------- -------------------- --------------------
                                                                                                                                                                                                                                                                                                                                                        
Interest Expense
----------------------------------------------------------
Deposits                                                                                                            3,076                                                                               2,961                                                                    12,242                                                                              13,183
Federal funds and repurchase agreements                                                                               323                                                                                 296                                                                     1,616                                                                               1,739
Other                                                                                                                (95)                       (40)             (42)                        150
                                                                                                     -------------------- -------------------- -------------------- -------------------- -------------------- -------------------- -------------------- -------------------- ---------- -------------------- -------------------- -------------------- --------------------
   Total interest expense                                                                                           3,304                      3,217           13,816                     15,072
                                                                                                     -------------------- -------------------- -------------------- -------------------- -------------------- -------------------- -------------------- -------------------- ---------- -------------------- -------------------- -------------------- --------------------
Net interest income                                                                                                90,914                                                                              85,914                                                                   350,055                                                                             333,269
Provision for loan losses                                                                                           3,000                      4,000           17,000                     17,500
                                                                                                     -------------------- -------------------- -------------------- -------------------- -------------------- -------------------- -------------------- -------------------- ---------- -------------------- -------------------- -------------------- --------------------
       Net interest income after provision for loan losses                                                         87,914                     81,914          333,055                    315,769
                                                                                                     -------------------- -------------------- -------------------- -------------------- -------------------- -------------------- -------------------- -------------------- ---------- -------------------- -------------------- -------------------- --------------------
                                                                                                                                                                                                                                                                                                                                                        
Noninterest Income
----------------------------------------------------------
Trust and securities processing                                                                                    69,072                                                                              71,685                                                                   288,054                                                                             265,948
Trading and investment banking                                                                                      4,840                                                                               4,317                                                                    19,398                                                                              20,641
Service charges on deposits                                                                                        21,480                                                                              20,692                                                                    85,299                                                                              84,133
Insurance fees and commissions                                                                                        765                                                                                 661                                                                     3,011                                                                               3,727
Brokerage fees                                                                                                      2,595                                                                               2,743                                                                    10,761                                                                              11,470
Bankcard fees                                                                                                      17,321                                                                              14,365                                                                    67,250                                                                              62,031
Gains on sale of available for sale securities, net                                                                    62                                                                                (10)                                                                     4,127                                                                               8,542
Equity earnings on alternative investments                                                                        (4,487)                                                                              15,100                                                                     3,975                                                                              19,048
Other                                                                                                               3,600                      6,054           16,813                     16,293
                                                                                                     -------------------- -------------------- -------------------- -------------------- -------------------- -------------------- -------------------- -------------------- ---------- -------------------- -------------------- -------------------- --------------------
   Total noninterest income                                                                                       115,248                    135,607          498,688                    491,833
                                                                                                     -------------------- -------------------- -------------------- -------------------- -------------------- -------------------- -------------------- -------------------- ---------- -------------------- -------------------- -------------------- --------------------
                                                                                                                                                                                                                                                                                                                                                        
Noninterest Expense
----------------------------------------------------------
Salaries and employee benefits                                                                                     90,115                                                                              88,691                                                                   358,569                                                                             339,691
Occupancy, net                                                                                                     10,312                                                                              10,116                                                                    40,197                                                                              39,291
Equipment                                                                                                          14,618                                                                              13,195                                                                    53,609                                                                              49,207
Supplies and services                                                                                               5,403                                                                               5,777                                                                    20,411                                                                              20,387
Marketing and business development                                                                                  7,182                                                                               7,190                                                                    24,148                                                                              22,703
Processing fees                                                                                                    13,496                                                                              14,936                                                                    56,049                                                                              57,791
Legal and consulting                                                                                                7,907                                                                               5,826                                                                    20,407                                                                              18,703
Bankcard                                                                                                            6,812                                                                               4,563                                                                    19,594                                                                              18,381
Amortization of intangible assets                                                                                   2,974                                                                               3,164                                                                    12,193                                                                              13,218
Regulatory fees                                                                                                     2,643                                                                               2,064                                                                    10,445                                                                               9,129
Contingency reserve                                                                                                     -                                                                                   -                                                                    20,272                                                                                   -
Other                                                                                                               5,251                     14,904           31,032                     35,677
                                                                                                     -------------------- -------------------- -------------------- -------------------- -------------------- -------------------- -------------------- -------------------- ---------- -------------------- -------------------- -------------------- --------------------
   Total noninterest expense                                                                                      166,713                    170,426          666,926                    624,178
                                                                                                     -------------------- -------------------- -------------------- -------------------- -------------------- -------------------- -------------------- -------------------- ---------- -------------------- -------------------- -------------------- --------------------
                                                                                                                                                                                                                                                                                                                                                        
Income before income taxes                                                                                         36,449                     47,095          164,817                    183,424
                                                                                                     -------------------- -------------------- -------------------- -------------------- -------------------- -------------------- -------------------- -------------------- ---------- -------------------- -------------------- -------------------- --------------------
Income tax provision                                                                                                9,509                     12,432           44,162                     49,459
                                                                                                     -------------------- -------------------- -------------------- -------------------- -------------------- -------------------- -------------------- -------------------- ---------- -------------------- -------------------- -------------------- --------------------
Net income                                                                                         $               26,940                        $               34,663                        $    120,655                        $              133,965
                                                                                                     ==================== ==================== ==================== ==================== ==================== ==================== ==================== ==================== ========== ==================== ==================== ==================== ====================
                                                                                                                                                                                                                                                                                                                                   
Per Share Data
----------------------------------------------------------
Net income - basic                                                                                 $                 0.60                                                              $                 0.78                                                              $       2.69                                                              $                 3.25
Net income - diluted                                                                                    0.59                                                                                0.77                                                                      2.65                                                                                3.20
Dividends                                                                                                           0.235                                                                               0.225                                                                     0.910                                                                               0.870
Weighted average shares outstanding                                                                            44,920,106                                                                          44,511,742                                                                44,844,578                                                                          41,275,839
                                                                                                                                                                                                                                                                                                                                                        
                                                                                                                                                                                  
Statements of Consolidated Comprehensive Income                                                                                                                                                                                                                                                                         UMB Financial Corporation
-------------------------------------------------------------------------------------------------------------------------------------------------------------------------        --------------------------------------------------------------------------------------------------------------------------------------------------------
(unaudited, dollars in thousands, except per share data)                                                                                                                                                
                                                                                                                         Three Months Ended                                                                                                                                         Year Ended
                                                                                                                            December 31,                                                                                                                                           December 31,
                                                                                           2014                               2013                                                                     2014                                                                          2013
                                                                               -----------------------------                                          --------------------------------                                          ------------------------------                                          ------------------------------------------
Net Income                                                                                        $  26,940                                                              $     34,663                                                              $  120,655                                                              $              133,965
Other comprehensive income (loss), net of tax:
  Unrealized gains on securities:
    Change in unrealized holding gains (losses), net                                                 14,991                                                                  (26,769)                                                                  74,147                                                                           (178,500)
                                                                                    (62)               10        (4,127)                    (8,542)
    Less: Reclassifications adjustment for (gains) losses
    included
    in net income
                                                                               -------------------- ------- -------------------- -------------------- -------------------- ---------  -------------------- -------------------- -------------------- -------- -------------------- -------------------- -------------------- --------------------
                                                                                                     14,929                                                                  (26,759)                                                                  70,020                                                                           (187,042)
  Change in unrealized gains (losses) on securities
  during the
  period
Income tax (expense) benefit                                                     (5,750)            9,804       (26,374)                     68,814
                                                                               -------------------- ------- -------------------- -------------------- -------------------- ------------------------------- -------------------- -------------------- -------- -------------------- -------------------- -------------------- --------------------
Other comprehensive income (loss)                                                  9,179         (16,955)         43,646                  (118,228)
                                                                               -------------------- ------- -------------------- -------------------- -------------------- ------------------------------- -------------------- -------------------- -------- -------------------- -------------------- -------------------- --------------------
Comprehensive income                                                                              $  36,119                        $     17,708                        $  164,301                        $               15,737
                                                                               ==================== ======= ==================== ==================== ==================== =============================== ==================== ==================== ======== ==================== ==================== ==================== ====================
                                                                                                                                                                                                                                                                                                                              
                                                                                                                                                                                                                                                                                                                                                        
Consolidated Statements of
Shareholders’ Equity                                                                                                                                                                                                                UMB Financial Corporation
---------------------------------------------------- -------------------- -------------------- -------------------- -------------------- -------------------- -------------------- -------------------- -------------------- -------------------- -------------------- -------------------- -------------------- -------------------- -------------------- -------------------- ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------
(unaudited, dollars in thousands, except per share data)
                                                                                                      
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       
                                                                                                                                                                                                                                                                                                                                                                                  Accumulated
                                                                                                                                                                                                                                                                                                                                                                                     Other
                                                                                                                           Common                                                                              Capital                                                                            Retained                                                                       Comprehensive                                                                Treasury
                                                                                                         Stock                     Surplus                   Earnings              (Loss) Income         Stock                Total
                                                                                               -------------------- -------------------- -------------------- -------------------- -------------------- -------------------- -------------------- -------------------- -------------------- -------------------- -------------------- -------------------- -------------------- ------------- -------------------- -------------------- -------------------- --------- -------------------- -------------------- -------------------- --------------------
Balance - January 1, 2013                                                                                         $               55,057                                                              $              732,069                                                              $              787,015                                                              $        85,588                                                              $ (380,384)                                                              $            1,279,345
Total Comprehensive income                                                                                                             -                                                                                   -                                                                             133,965                                                                    (118,228)                                                                        -                                                                              15,737
Cash dividends ($0.87 per share)                                                                                                       -                                                                                   -                                                                            (36,350)                                                                            -                                                                        -                                                                            (36,350)
Purchase of treasury stock                                                                                                             -                                                                                   -                                                                                   -                                                                            -                                                                  (3,501)                                                                             (3,501)
Issuance of equity awards                                                                                                              -                                                                             (1,651)                                                                                   -                                                                            -                                                                    2,101                                                                                 450
Recognition of equity based compensation                                                                                               -                                                                               7,936                                                                                   -                                                                            -                                                                        -                                                                               7,936
Net tax benefit related to equity compensation plans                                                                                   -                                                                               1,224                                                                                   -                                                                            -                                                                        -                                                                               1,224
Sale of treasury stock                                                                                                                 -                                                                                 520                                                                                   -                                                                            -                                                                      256                                                                                 776
Exercise of stock options                                                                                                              -                                                                               3,986                                                                                   -                                                                            -                                                                    5,032                                                                               9,018
Common Stock Issuance                                                                                               -                    138,323                          -                   -          93,107                    231,430
                                                                                               -------------------- -------------------- -------------------- -------------------- -------------------- -------------------- -------------------- -------------------- -------------------- -------------------- -------------------- -------------------- -------------------- ------------- -------------------- -------------------- -------------------- --------- -------------------- -------------------- -------------------- --------------------
Balance - December 31, 2013                                                                          $               55,057                        $              882,407                        $              884,630                        $      (32,640)                        $ (283,389)                        $            1,506,065
                                                                                               ==================== ==================== ==================== ==================== ==================== ==================== ==================== ==================== ==================== ==================== ==================== ==================== ==================== ============= ==================== ==================== ==================== ========= ==================== ==================== ==================== ====================
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       
Balance - January 1, 2014                                                                                         $               55,057                                                              $              882,407                                                              $              884,630                                                              $      (32,640)                                                              $ (283,389)                                                              $            1,506,065
Total Comprehensive income                                                                                                             -                                                                                   -                                                                             120,655                                                                       43,646                                                                        -                                                                             164,301
Cash dividends ($0.91 per share)                                                                                                       -                                                                                   -                                                                            (41,374)                                                                            -                                                                        -                                                                            (41,374)
Purchase of treasury stock                                                                                                             -                                                                                   -                                                                                   -                                                                            -                                                                  (5,741)                                                                             (5,741)
Issuance of equity awards                                                                                                              -                                                                             (2,338)                                                                                   -                                                                            -                                                                    2,827                                                                                 489
Recognition of equity based compensation                                                                                               -                                                                               9,172                                                                                   -                                                                            -                                                                        -                                                                               9,172
Net tax benefit related to equity compensation plans                                                                                   -                                                                               1,880                                                                                   -                                                                            -                                                                        -                                                                               1,880
Sale of treasury stock                                                                                                                 -                                                                                 596                                                                                   -                                                                            -                                                                      340                                                                                 936
Exercise of stock options                                                                                           -                      2,885                          -                   -           5,145                      8,030
                                                                                               -------------------- -------------------- -------------------- -------------------- -------------------- -------------------- -------------------- -------------------- -------------------- -------------------- -------------------- -------------------- -------------------- ------------- -------------------- -------------------- -------------------- --------- -------------------- -------------------- -------------------- --------------------
Balance - December 31, 2014                                                                          $               55,057                        $              894,602                        $              963,911                        $        11,006                        $ (280,818)                        $            1,643,758
                                                                                               ==================== ==================== ==================== ==================== ==================== ==================== ==================== ==================== ==================== ==================== ==================== ==================== ==================== ============= ==================== ==================== ==================== ========= ==================== ==================== ==================== ====================
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       
                                                                                                
Average Balances / Yields and Rates                                                                                                                                                    UMB Financial Corporation  
---------------------------------------------- -------------------- -------------------- -------------------- -------------------- -------------------- -------------------- -------------------- ------------------------------------------------------------------------------------------------------------------------------------------------------------------------
(tax - equivalent basis)                                                                                                                                                                                                                                      
----------------------------------------------
(unaudited, dollars in thousands)                                                                                                                                                                                            Three Months Ended December 31,
                                                                                                                                             2014                                                                                                 2013
                                                                                         -------------------- ----------------------------------------------------------------------------------------------------------------------------- -------------------- -------------------- -------------------------------------------------------------------------------------
                                                                                                                     Average                                                        Average                                                                                             Average                                              Average
Assets                                                                                            Balance                Yield/Rate                Balance      Yield/Rate  
                                                                                         -------------------- -------------------- -------------------- -------------------- -------------------- -------------------- -------------------- -------------------- -------------------- ---------- -------------------- -------------------- ---------- --------------------
Loans, net of unearned interest                                                                             $            7,320,930                                                           3.49                    %                                                              $  6,483,711                                                 3.62                    %
Securities:
  Taxable                                                                                                                5,006,800                                                           1.53                                                                                      4,820,959                                                 1.55
  Tax-exempt                                                                                                             2,148,256                     2.77                                                                                      2,148,904           2.91
                                                                                                              -------------------- -------------------- -------------------- --------------------                                                                                     ---------- -------------------- -------------------- ----------
    Total securities                                                                                                     7,155,056                                                           1.91                                                                                      6,969,863                                                 1.97
Federal funds and resell agreements                                                                                         73,821                                                           0.50                                                                                         51,635                                                 0.51
Interest-bearing due from banks                                                                                            571,921                                                           0.35                                                                                        911,623                                                 0.28
Trading securities                                                                                                          29,019                     1.46                                                                                         36,888           1.93
                                                                                                              -------------------- -------------------- -------------------- --------------------                                                                                     ---------- -------------------- -------------------- ----------
    Total earning assets                                                                                                15,150,747                                                           2.61                                                                                     14,453,720                                                 2.60
Allowance for loan losses                                                                                                 (77,527)                                                                                                                                                      (75,135)
Other assets                                                                                          1,158,402                                                                                                                                  1,155,176
                                                                                         -------------------- --------------------                                                                                                                               -------------------- ----------
    Total assets                                                                                            $           16,231,622                                                                                                                                                  $ 15,533,761
                                                                                         -------------------- --------------------                                                                                                                               -------------------- ----------
                                                                                                                                                                                                                                                                                                                                                       
                                                                                                                                                                                                                                                                                                                                                       
Liabilities and Shareholders’ Equity
Interest-bearing deposits                                                                                   $            7,446,164                                                           0.16                    %                                                              $  7,795,495                                                 0.15                    %
Federal funds and repurchase agreements                                                                                  1,535,253                                                           0.08                                                                                      1,172,917                                                 0.10
Borrowed funds                                                                                                               7,021                   (5.37)                                                                                          5,223         (2.96)
                                                                                                              -------------------- -------------------- -------------------- --------------------                                                                                     ---------- -------------------- -------------------- ----------
    Total interest-bearing liabilities                                                                                   8,988,438                                                           0.15                                                                                      8,973,635                                                 0.14
Noninterest-bearing demand deposits                                                                                      5,403,856                                                                                                                                                     4,903,429
Other liabilities                                                                                                          187,359                                                                                                                                                       142,552
Shareholders’ equity                                                                                  1,651,969                                                                                                                                  1,514,145
                                                                                         -------------------- --------------------                                                                                                                               -------------------- ----------
    Total liabilities and shareholders’ equity                                                              $           16,231,622                                                                                                                                                  $ 15,533,761
                                                                                         -------------------- --------------------                                                                                                                               -------------------- ----------
Net interest spread                                                                                                                                                                          2.46                    %                                                                                                                           2.47                    %
Net interest margin                                                                                                                                                                          2.52                                                                                                                                                2.51
                                                                                                                                                                                                                                                                                                                                                       
                                                                                                                                                                                                                                                                                                                                                       
                                                                                                                                                                                                                                 Year Ended December 31,
                                                                                                                                             2014                                                                                                 2013
                                                                                         -------------------- ----------------------------------------------------------------------------------------------------------------------------- -------------------- -------------------- -------------------------------------------------------------------------------------
                                                                                                                     Average                                                        Average                                                                                             Average                                              Average
Assets                                                                                            Balance                Yield/Rate                Balance      Yield/Rate  
                                                                                         -------------------- -------------------- -------------------- -------------------- -------------------- -------------------- -------------------- -------------------- -------------------- ---------- -------------------- -------------------- ---------- --------------------
Loans, net of unearned interest                                                                             $            6,975,338                                                           3.52                    %                                                              $  6,221,318                                                 3.69                    %
Securities:
  Taxable                                                                                                                4,898,826                                                           1.56                                                                                      4,876,304                                                 1.54
  Tax-exempt                                                                                                             2,122,822                     2.84                                                                                      2,102,216           2.97
                                                                                                              -------------------- -------------------- -------------------- --------------------                                                                                     ---------- -------------------- -------------------- ----------
    Total securities                                                                                                     7,021,648                                                           1.94                                                                                      6,978,520                                                 1.97
Federal funds and resell agreements                                                                                         48,869                                                           0.53                                                                                         36,589                                                 0.53
Interest-bearing due from banks                                                                                            843,134                                                           0.30                                                                                        663,818                                                 0.29
Trading securities                                                                                                          32,189                     1.46                                                                                         56,022           1.90
                                                                                                              -------------------- -------------------- -------------------- --------------------                                                                                     ---------- -------------------- -------------------- ----------
    Total earning assets                                                                                                14,921,178                                                           2.58                                                                                     13,956,267                                                 2.66
Allowance for loan losses                                                                                                 (76,459)                                                                                                                                                      (72,370)
Other assets                                                                                          1,154,174                                                                                                                                  1,146,865
                                                                                         -------------------- --------------------                                                                                                                               -------------------- ----------
    Total assets                                                                                            $           15,998,893                                                                                                                                                  $ 15,030,762
                                                                                         -------------------- --------------------                                                                                                                               -------------------- ----------
                                                                                                                                                                                                                                                                                                                                                       
                                                                                                                                                                                                                                                                                                                                                       
Liabilities and Shareholders’ Equity
Interest-bearing deposits                                                                                   $            7,494,744                                                           0.16                    %                                                              $  7,220,675                                                 0.18                    %
Federal funds and repurchase agreements                                                                                  1,535,038                                                           0.11                                                                                      1,613,584                                                 0.11
Borrowed funds                                                                                                               6,059                   (0.69)                                                                                          4,972           3.02
                                                                                                              -------------------- -------------------- -------------------- --------------------                                                                                     ---------- -------------------- -------------------- ----------
    Total interest-bearing liabilities                                                                                   9,035,841                                                           0.15                                                                                      8,839,231                                                 0.17
Noninterest-bearing demand deposits                                                                                      5,196,529                                                                                                                                                     4,709,643
Other liabilities                                                                                                          166,758                                                                                                                                                       144,781
Shareholders’ equity                                                                                  1,599,765                                                                                                                                  1,337,107
                                                                                         -------------------- --------------------                                                                                                                               -------------------- ----------
    Total liabilities and shareholders’ equity                                                              $           15,998,893                                                                                                                                                  $ 15,030,762
                                                                                         -------------------- --------------------                                                                                                                               -------------------- ----------
Net interest spread                                                                                                                                                                          2.43                    %                                                                                                                           2.49                    %
Net interest margin                                                                                                                                                                          2.49                                                                                                                                                2.55
                                                                                                                                                                                                                                                                                                                                                       
                                                                                                    
Fourth Quarter 2014
Financial Highlights                                                                                                                               UMB Financial Corporation
------------------------------------ -------------------- -------------------- -------------------- ---------------------------------------------------------------------------------------------------------------------------
(unaudited, dollars in thousands, except share and per share data)
                                                                                                                                                                                                                  
Year Ended December 31                                                                2014                2013     
------------------------------------                                           -------------------- ------------- -------------------- -------------------- -------------------- -------------------- ---------- --------------------
Net interest income                                                                               $       350,055                                                                                   $    333,269
Provision for loan losses                                                                                  17,000                                                                                         17,500
Noninterest income                                                                                        498,688                                                                                        491,833
Noninterest expense                                                                                       666,926                                                                                        624,178
Income before income taxes                                                                                164,817                                                                                        183,424
Net income                                                                                                120,655                                                                                        133,965
Net income per share - Basic                                                                                 2.69                                                                                           3.25
Net income per share - Diluted                                                                               2.65                                                                                           3.20
Return on average assets                                                                                     0.75                    %                                                                      0.89                    %
Return on average equity                                                                                     7.54                    %                                                                     10.02                    %
                                                                                                                                                                                                                  
Three Months Ended December 31
------------------------------------
Net interest income                                                                               $        90,914                                                                                   $     85,914
Provision for loan losses                                                                                   3,000                                                                                          4,000
Noninterest income                                                                                        115,248                                                                                        135,607
Noninterest expense                                                                                       166,713                                                                                        170,426
Income before income taxes                                                                                 36,449                                                                                         47,095
Net income                                                                                                 26,940                                                                                         34,663
Net income per share - Basic                                                                                 0.60                                                                                           0.78
Net income per share - Diluted                                                                               0.59                                                                                           0.77
Return on average assets                                                                                     0.66                    %                                                                      0.89                    %
Return on average equity                                                                                     6.47                    %                                                                      9.08                    %
                                                                                                                                                                                                                  
At December 31
------------------------------------
Assets                                                                                            $    17,500,960                                                                                   $ 16,911,852
Loans, net of unearned interest                                                                         7,465,794                                                                                      6,520,512
Securities                                                                                              7,285,667                                                                                      7,051,127
Deposits                                                                                               13,616,859                                                                                     13,640,766
Shareholders’ equity                                                                                    1,643,758                                                                                      1,506,065
Book value per share                                                                                        36.10                                                                                          33.30
Market price per share                                                                                      56.89                                                                                          64.28
Equity to assets                                                                                             9.39                    %                                                                      8.91                    %
Allowance for loan losses                                                                         $        76,140                                                                                   $     74,751
    As a % of loans                                                                                          1.02                    %                                                                      1.15                    %
Nonaccrual and restructured loans                                                                 $        27,382                                                                                   $     30,706
    As a % of loans                                                                                          0.37                    %                                                                      0.47                    %
Loans over 90 days past due                                                                       $         3,830                                                                                   $      3,218
    As a % of loans                                                                                          0.05                    %                                                                      0.05                    %
Other real estate owned                                                                           $           394                                                                                   $      1,288
Net loan charge-offs quarter-to-date                                                              $         4,176                                                                                   $      4,187
    As a % of average loans                                                                                  0.23                    %                                                                      0.26                    %
Net loan charge-offs year-to-date                                                                 $        15,610                                                                                   $     14,175
    As a % of average loans                                                                                  0.22                    %                                                                      0.23                    %
                                                                                                                                                                                                                  
Common shares outstanding                                                                              45,532,188                                                                                     45,221,237
                                                                                                                                                                                                                  
Average Balances
Year Ended December 31
------------------------------------
Assets                                                                                            $    15,998,893                                                                                   $ 15,030,762
Loans, net of unearned interest                                                                         6,975,338                                                                                      6,221,318
Securities                                                                                              7,053,837                                                                                      7,034,542
Deposits                                                                                               12,691,273                                                                                     11,930,318
Shareholders’ equity                                                                                    1,599,765                                                                                      1,337,107
                                                                                                                                                                                                                  
Business Segment Information                                                                                                                                                                                                                                                                                                                                                          UMB Financial Corporation
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
(unaudited, dollars in thousands)                                                                                                                                                                                                                                        
                                                                                                                                                                                  Three Months Ended December 31, 2014
                                                                    ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                  Bank                              Payment                        Institutional                        Asset                                                                 Total
                                                                                                                                                         Solutions                                                              Investment                                                              Servicing
                                                                                                                                                                                                                                Management
                                                                    ------------------------------                                            ----------------------------                                             --------------------------                                            -----------------------------                                            -------------------- --------------------
Net interest income                                                                    $     75,862                                                              $    14,003                                                              $      -                                                              $     1,049                                                              $               90,914
Provision for loan losses                                                                     1,617                                                                    1,383                                                                     -                                                                        -                                                                               3,000
Noninterest income                                                                           42,380                                                                   21,479                                                                29,212                                                                   22,177                                                                             115,248
Noninterest expense                                                       97,070                                                26,507                                             23,156                                                19,980                                                          166,713
                                                                    -------------------- ----------                                           -------------------- ----------                                          -------------------- ------                                           -------------------- ---------                                           -------------------- --------------------
Income before taxes                                                                          19,555                                                                    7,592                                                                 6,056                                                                    3,246                                                                              36,449
Income tax expense                                                         5,158                                                 2,029                                              1,445                                                   877                                                            9,509
                                                                    -------------------- ----------                                           -------------------- ----------                                          -------------------- ------                                           -------------------- ---------                                           -------------------- --------------------
Net income                                                                             $     14,397                                                              $     5,563                                                              $  4,611                                                              $     2,369                                                              $               26,940
                                                                    ==================== ==========                                           ==================== ==========                                          ==================== ======                                           ==================== =========                                           ==================== ====================
                                                                                                                                                                                                                                                                                                                                                                                            
Average assets                                                                         $ 12,324,000                                                              $ 2,948,000                                                              $ 72,000                                                              $   888,000                                                              $           16,232,000
                                                                                                                                                                                                                                                                                                                                                                         
                                                                                                                                                                                                                                                                                                                                                                         
                                                                                                                                                                                                                        Three Months Ended December 31, 2013
                                                                    ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                  Bank                                                                    Payment                                                              Institutional                                                              Asset                                                                 Total
                                                                                                                                                         Solutions                                                              Investment                                                              Servicing
                                                                                                                                                                                                                                Management
                                                                    ------------------------------                                            ----------------------------                                             --------------------------                                            -----------------------------                                            -------------------- --------------------
Net interest income                                                                    $     73,874                                                              $    11,505                                                              $   (10)                                                              $       545                                                              $               85,914
Provision for loan losses                                                                     1,765                                                                    2,235                                                                     -                                                                        -                                                                               4,000
Noninterest income                                                                           62,406                                                                   17,737                                                                34,892                                                                   20,572                                                                             135,607
Noninterest expense                                                       99,080                                                23,121                                             29,582                                                18,643                                                          170,426
                                                                    -------------------- ----------                                           -------------------- ----------                                          -------------------- ------                                           -------------------- ---------                                           -------------------- --------------------
Income before taxes                                                                          35,435                                                                    3,886                                                                 5,300                                                                    2,474                                                                              47,095
Income tax expense                                                         8,918                                                 1,271                                              1,127                                                 1,116                                                           12,432
                                                                    -------------------- ----------                                           -------------------- ----------                                          -------------------- ------                                           -------------------- ---------                                           -------------------- --------------------
Net income                                                                             $     26,517                                                              $     2,615                                                              $  4,173                                                              $     1,358                                                              $               34,663
                                                                    ==================== ==========                                           ==================== ==========                                          ==================== ======                                           ==================== =========                                           ==================== ====================
                                                                                                                                                                                                                                                                                                                                                                                            
Average assets                                                                         $ 11,277,000                                                              $ 1,780,000                                                              $ 75,000                                                              $ 2,402,000                                                              $           15,534,000
                                                                                                                                                                                                                                                                                                                                                                                            
                             
                                                                                                                                                                                                                            Year Ended December 31, 2014
                                                                    ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                  Bank                              Payment                        Institutional                         Asset                           Total
                                                                                                                                                         Solutions                                                              Investment                                                               Servicing
                                                                                                                                                                                                                                Management
                                                                    ------------------------------  -------------------- -------------------- -----------------------------  -------------------- -------------------- ---------------------------  -------------------- -------------------- -----------------------------  -------------------- -------------------- -------------------- --------------------
Net interest income                                                                    $    292,357                        $    52,251                        $     (3)                        $     5,450                        $              350,055
Provision for loan losses                                                                     9,175                                                                    7,825                                                                      -                                                                        -                                                                              17,000
Noninterest income                                                                          194,223                                                                   84,477                                                                131,226                                                                   88,762                                                                             498,688
Noninterest expense                                                      405,065                                                94,177                                              92,008                                                75,676                                                          666,926
                                                                    -------------------- ----------                                           -------------------- ---------                                           -------------------- -------                                           -------------------- ---------                                           -------------------- --------------------
Income before taxes                                                                          72,340                                                                   34,726                                                                 39,215                                                                   18,536                                                                             164,817
Income tax expense                                                        19,487                                                 9,311                                              10,331                                                 5,033                                                           44,162
                                                                    -------------------- ----------                                           -------------------- ---------                                           -------------------- -------                                           -------------------- ---------                                           -------------------- --------------------
Net income                                                                             $     52,853                                                              $    25,415                                                              $  28,884                                                              $    13,503                                                              $              120,655
                                                                    ==================== ==========                                           ==================== =========                                           ==================== =======                                           ==================== =========                                           ==================== ====================
                                                                                                                                                                                                                                                                                                                                                                                             
Average assets                                                                         $ 12,099,000                                                              $ 2,456,000                                                              $  72,000                                                              $ 1,372,000                                                              $           15,999,000
                                                                                                                                                                                                                                                                                                                                                                         
                                                                                                                                                                                                                            Year Ended December 31, 2013
                                                                    ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                  Bank                              Payment                        Institutional                         Asset                           Total
                                                                                                                                                         Solutions                                                              Investment                                                               Servicing
                                                                                                                                                                                                                                Management
                                                                    ------------------------------  -------------------- -------------------- -----------------------------  -------------------- -------------------- ---------------------------  -------------------- -------------------- -----------------------------  -------------------- -------------------- -------------------- --------------------
Net interest income                                                                    $    285,112                                                              $    45,832                                                              $    (32)                                                              $     2,357                                                              $              333,269
Provision for loan losses                                                                     5,535                                                                   11,965                                                                      -                                                                        -                                                                              17,500
Noninterest income                                                                          210,535                                                                   74,223                                                                126,442                                                                   80,633                                                                             491,833
Noninterest expense                                                      376,307                                                86,746                                              88,336                                                72,789                                                          624,178
                                                                    -------------------- ----------                                           -------------------- ---------                                           -------------------- -------                                           -------------------- ---------                                           -------------------- --------------------
Income before taxes                                                                         113,805                                                                   21,344                                                                 38,074                                                                   10,201                                                                             183,424
Income tax expense                                                        28,548                                                 6,739                                              10,002                                                 4,170                                                           49,459
                                                                    -------------------- ----------                                           -------------------- ---------                                           -------------------- -------                                           -------------------- ---------                                           -------------------- --------------------
Net income                                                                             $     85,257                                                              $    14,605                                                              $  28,072                                                              $     6,031                                                              $              133,965
                                                                    ==================== ==========                                           ==================== =========                                           ==================== =======                                           ==================== =========                                           ==================== ====================
                                                                                                                                                                                                                                                                                                                                                                                             
Average assets                                                                         $ 11,255,000                                                              $ 1,736,000                                                              $  77,000                                                              $ 1,963,000                                                              $           15,031,000
                                                                                                                                                                                                                                                                                                                                                                                             

http://cts.businesswire.com/ct/CT?id=bwnews&sty=20150127006169r1&sid=cmtx6&distro=nx&lang=en

SOURCE: UMB Financial Corporation

UMB Financial Corporation 
Media Contact: 
Kelli Christman, 816-860-5088 
Kelli.Christman@umb.com 
or 
Investor Relations Contact: 
Abby Wendel, 816-860-1685 
Abigail.Wendel@umb.com


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