UMB Financial : 3Q22 UMBF Earnings Presentation (2024)

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03-08	Barclays Initiates UMB Financial With Equalweight Rating, Price Target is $91	MT
02-22	Tranche Update on UMB Financial Corporation's Equity Buyback Plan announced on July 25, 2023.	CI

October 25, 2022 at 04:27 pm

3rd Quarter 2022

Update

Kansas City, MO

October 25, 2022

Presentation Index

Corporate Overview	3

Opportunity - Our Investment Thesis	8

3rd Quarter 2022 Results	17

Line of Business Updates	31

Appendix	41

Board of Directors

Forward-Looking Statements

Non-GAAP Reconciliations

Peer Group

Please refer to the Forward-Looking Statements on slide 43 for important disclosures about information contained in this presentation.

Corporate Overview

Highlights

Founded	1913
Ticker	UMBF - Nasdaq
Market Cap	$4.1 B
Total Assets	$37.6 B
Gross Loans (1)	$19.9 B
Total Deposits	$31.8 B
Private Wealth Customer Assets (2)	$14.5 B
Institutional Assets Under Administration (AUA) (3)	$385.0 B
Common Equity Tier 1 Capital Ratio	11.18%
Total Risk Based Capital Ratio	13.13%
Net Charge-Offs / Avg Loans	0.02%
NPLs / Total Loans	0.10%
ACL / Total Loans	0.93%
Fee Income / Revenue	35.5%

UMB Financial Corporation Headquarters

UMB Bank Presence		Expansion Markets
•	91 banking centers		•	Twin Cities - MN
•	233 ATMs		•	Salt Lake City - UT

National Presence

•	Asset-based lending	•	Specialized Lending Verticals
•	Healthcare Services	•	Corporate Trust
•	Private Wealth Management	•	Capital Markets (4)
	& Personal Trust	•	Fund Services

International Presence

UMBF Trust & Agency Services - Dublin, Ireland

At, or for the 3 months ended, 09/30/22. (1) Includes $16.4mm in PPP balances; (2) Includes $10.5B in managed assets and $4.0 B in Assets Under Administration for Private Wealth customers;	3
(3) Includes assets in Fund Services, Corporate Trust and Healthcare Services; (4) UMB Bank, n.a. Capital Markets Division.

Beyond Financials

Our Culture

Our Vision

the unparalleled customer experience

Our Commitment

An unwavering commitment to doing more for our customers.

Our Values

Customers First

We do the unparalleled to create an environment that consistently exceeds the expectations of our customers.

Integrity & Trust

We demonstrate our uncompromising honesty and integrity to earn the trust of everyone we serve.

Performance & Strength

We achieve sustainable greatness by delivering on our promise, remaining independent and maintaining financial soundness.

Associate Spirit

We rely upon our people and their collective attitude and skills to differentiate us from our competitors.

Inclusion & Diversity

We believe an inclusive and diverse culture energizes the workplace and ignites innovation.

Beyond Financials

Our Culture

Creating an unparalleled customer experience requires a culture where our people feel part of something more, something bigger. We foster this experience through our policies, our business decisions and our expectations of each associate.

HEART

Whether it's having a heart for each other, our customers or our communities, we support work through inclusive policies and empowering people to create fulfilling lives in and out of the workplace.

TRUST

Our associates have confidence they will be encouraged and expected to do the right thing at all times - no matter what. We're focused on setting clear expectations and a leadership team who is accessible and transparent.

MORE OPPORTUNITY

Our goal is to grow existing strengths and build new skills. We're committed to empowering our workforce to make an impact and achieve their goals through open conversations and providing the tools to develop potential.

the

unparalleled customer experience

Latest news about UMB Financial Corporation

Barclays Initiates UMB Financial With Equalweight Rating, Price Target is $91	03-08	MT
Tranche Update on UMB Financial Corporation's Equity Buyback Plan announced on July 25, 2023.	02-22	CI
Umb Financial Insider Sold Shares Worth $290,837, According to a Recent SEC Filing	02-05	MT
UMB Financial Corporation Promotes James D. Rine to President	02-05	CI
Raymond James Raises Price Target on UMB Financial to $102 From $80, Maintains Strong Buy Rating	02-01	MT
Transcript : UMB Financial Corporation, Q4 2023 Earnings Call, Jan 31, 2024	01-31
UMB Financial's Q4 Operating Earnings, Revenue Rise	01-30	MT
Earnings Flash (UMBF) UMB FINANCIAL CORPORATION Reports Q4 Revenue $370.8M, vs. Street Est of $360.7M	01-30	MT
Earnings Flash (UMBF) UMB FINANCIAL CORPORATION Posts Q4 EPS $2.76, vs. Street Est of $1.76	01-30	MT
UMB Financial Corporation Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2023	01-30	CI
UMB Financial Corporation Reports Net Charge-Offs for the Fourth Quarter Ended December 31, 2023	01-30	CI
UMB Financial Corporation Declares Quarterly Cash Dividend, Payable on April 1, 2024	01-30	CI
North American Morning Briefing : Microsoft Kicks -2-	01-30	DJ
US regional bank profits to be squeezed by pressure to pay for deposits	01-08	RE
Umb Financial Insider Sold Shares Worth $547,497, According to a Recent SEC Filing	12-05	MT
Umb Financial Insider Sold Shares Worth $925,107, According to a Recent SEC Filing	11-17	MT
Umb Financial Insider Sold Shares Worth $119,803, According to a Recent SEC Filing	11-17	MT
Umb Financial Insider Sold Shares Worth $424,185, According to a Recent SEC Filing	11-17	MT
Umb Financial Insider Sold Shares Worth $1,063,544, According to a Recent SEC Filing	11-17	MT
Umb Financial Insider Sold Shares Worth $606,165, According to a Recent SEC Filing	11-17	MT
Umb Financial Insider Sold Shares Worth $792,148, According to a Recent SEC Filing	11-17	MT
Umb Financial Insider Sold Shares Worth $771,807, According to a Recent SEC Filing	11-17	MT
Umb Financial Insider Sold Shares Worth $177,881, According to a Recent SEC Filing	11-17	MT
North American Morning Briefing : Amazon, Intel -2-	23-10-27	DJ
Raymond James Upgrades UMB Financial to Strong Buy From Outperform, Adjusts Price Target to $80 From $82	23-10-26	MT

Chart UMB Financial Corporation

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Company Profile

UMB Financial Corporation is a financial services company. The Company offers commercial banking, which includes comprehensive deposit, lending and investment services, personal banking, which includes wealth management and financial planning services, and institutional banking, which includes asset servicing, corporate trust solutions, investment banking, and healthcare services. It operates through three segments. Commercial Banking segment serves the commercial banking and treasury management needs of the Company's small to middle-market businesses through a range of products and services. Institutional Banking segment is a combination of banking services, fund services, asset management services and healthcare services provided to institutional clients. Personal Banking segment combines consumer banking and wealth management services offered to clients and delivered through personal relationships and its bank branches, automated teller machine (ATM) network and Internet banking.

Sector

Banks

Calendar

2024-04-22 - Q1 2024 Earnings Release (Projected)

Related indices

Russell 2000

More about the company

Income Statement Evolution

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Ratings for UMB Financial Corporation

Trading Rating

Investor Rating

ESG Refinitiv

B-

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

82.87USD

Average target price

92.67USD

Spread / Average Target

+11.82%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

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INVEST BANK	0.00%	32.24B

Commercial Banks

Stock
Equities
Stock UMB Financial Corporation - Nasdaq
News UMB Financial Corporation
UMB Financial : 3Q22 UMBF Earnings Presentation

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