Get UMB Financial Corporation Fact Sheet 91.7% +54.5% + ... - UMB Bank

That said, UMB's asset quality remains strong, with nonperforming assets to loans of only 0.08% as of March 31, 2023 and 0.09% annualized net charge-offs in the first quarter of 2023. Despite elevated deposit outflows in the first quarter of 2023, we continue to view UMB's funding and liquidity measures as adequate.

Top 10 Owners of UMB Financial Corp StockholderStakeShares ownedUMB Bank, NA (Investment Manageme...11.44%5,549,542BlackRock Fund Advisors10.15%4,927,148The Vanguard Group, Inc.8.61%4,179,881SSgA Funds Management, Inc.6.17%2,992,9736 more rows

In a press release announcing the UMB downgrade, Moody's said that it reflected "rising risk in the bank's funding profile as well as the deterioration in the bank's capital and liquid resources." The ratings firm cited year-end numbers for uninsured deposits, unrealized losses in the fixed-rate securities portfolio ...

Deposit balances at September 30, 2023 totaled $33.4 billion, up from $31.8 billion at September 30, 2022, and consistent with June 30, 2023 balances. Average deposit balances of $31.3 billion, increased 5.1% as compared to the third quarter of 2022. Net interest margin of 2.43%, consistent with the linked quarter.

Top 250 US Banks by Asset Size (2023) RankNameTotal Assets63UMB BANK, NATIONAL ASSOCIATION$ 38,279,05564PROSPERITY BANK$ 37,695,97065BARCLAYS BANK DELAWARE$ 37,462,00066BANKUNITED, NATIONAL ASSOCIATION$ 36,897,184148 more rows • Jan 16, 2023

UMB acquired Denver's Columbine National Bank in 1992, and in 1994, all of UMB's Colorado banks were merged into one entity, UMB Bank Colorado. To reflect its expansion outside of Missouri, UMB changed its name to the current UMB Financial Corporation in 1994.

It is also the 55th largest bank in the nation. It was established in 1902 and as of September of 2023, it had grown to 2,838 employees at 103 locations. UMB Bank, National Association's money market rates are 10X the national average, and it has a B+ health rating.