UMB FINANCIAL CORP

For the period ended Jun 30, 2025. Filed Jul 31, 2025.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Jun 30, 2025 · Filed Jul 31, 2025

UMBF$135.86-0.6%Stored close · as of Nov 10, 2026

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Contents

CONSOLIDATED STATEMENTS OF INCOME

(unaudited, dollars in thousands, except share and per share data)

Three Months Ended · Six Months Ended
	June 30,		June 30,
	2025	2024	2025	2024
INTEREST INCOME
Loans	$612,414	$400,351	$1,139,818	$785,917
Securities:
Taxable interest	122,237	61,582	220,533	122,693
Tax-exempt interest	33,024	25,077	62,987	50,410
Total securities income	155,261	86,659	283,520	173,103
Federal funds and resell agreements	8,733	3,674	15,685	6,736
Interest-bearing due from banks	73,874	47,174	148,859	91,862
Trading securities	255	424	625	729
Total interest income	850,537	538,282	1,588,507	1,058,347
INTEREST EXPENSE
Deposits	343,153	240,525	646,559	464,400
Federal funds and repurchase agreements	27,423	28,081	53,213	55,743
Other	12,937	24,568	24,072	53,662
Total interest expense	383,513	293,174	723,844	573,805
Net interest income	467,024	245,108	864,663	484,542
Provision for credit losses	21,000	14,050	107,000	24,050
Net interest income after provision for credit losses	446,024	231,058	757,663	460,492
NONINTEREST INCOME
Trust and securities processing	83,263	70,010	163,044	139,488
Trading and investment banking	6,170	5,461	12,081	10,923
Service charges on deposit accounts	28,865	22,261	56,322	43,018
Insurance fees and commissions	189	267	367	550
Brokerage fees	20,525	14,020	38,627	27,180
Bankcard fees	29,018	22,346	55,311	44,314
Investment securities gains (losses), net	37,685	(1,867)	32,903	7,504
Other	16,470	12,421	29,728	31,186
Total noninterest income	222,185	144,919	388,383	304,163
NONINTEREST EXPENSE
Salaries and employee benefits	213,551	142,861	434,949	285,867
Occupancy, net	18,571	11,723	34,640	23,993
Equipment	16,426	15,603	33,374	32,106
Supplies and services	6,383	3,404	11,168	6,705
Marketing and business development	11,344	6,598	19,342	12,623
Processing fees	43,638	29,701	84,488	57,637
Legal and consulting	18,468	16,566	47,074	24,460
Bankcard	12,363	11,818	25,158	22,385
Amortization of other intangible assets	25,268	1,911	42,750	3,871
Regulatory fees	9,259	2,568	17,496	21,963
Other	17,897	6,314	27,516	12,261
Total noninterest expense	393,168	249,067	777,955	503,871
Income before income taxes	275,041	126,910	368,091	260,784
Income tax expense	57,647	25,565	69,364	49,181
NET INCOME	$217,394	$101,345	$298,727	$211,603
Less: Preferred dividends	2,012	—	4,025	—
NET INCOME AVAILABLE TO COMMON SHAREHOLDERS	$215,382	$101,345	$294,702	$211,603
PER SHARE DATA
Net income per common share – basic	$2.84	$2.08	$4.18	$4.34
Net income per common share – diluted	2.82	2.07	4.16	4.32
Dividends per common share	0.40	0.39	0.80	0.78
Weighted average common shares outstanding – basic	75,923,082	48,744,636	70,523,171	48,704,075
Weighted average common shares outstanding – diluted	76,241,798	48,974,265	70,901,635	48,952,054

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.