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UMB Financial Corporation

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Title: UMB Financial Corporation  
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Subject: Kansas City, Missouri, Kansas City metropolitan area, UMB, Liberty Memorial, Commerce Bancshares, Drive-through, Sprint Center, History of the Kansas City metropolitan area, R. Crosby Kemper, R. Crosby Kemper Jr.
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UMB Financial Corporation

UMB Financial Corporation
Public
Traded as UMBF
Industry Banking
Founded 1913 (current name in 1994)
Headquarters Kansas City, Missouri
Key people Mike Hagedorn
Revenue $343.7 million[1]
Operating income $294.8 million[1]
Net income Increase $106.472 million USD[1]
Total assets $13.541 billion[1]
Total equity $1,191.1 million[1]
Employees 3,479
Website www.umb.com

UMB Financial Corporation is an American financial services company based in Kansas City, Missouri, offering complete banking, payment solutions, asset servicing and institutional investment management to customers. Its banking subsidiaries own and operate banking and wealth management centers throughout Missouri, Wisconsin, Illinois, Colorado, Kansas, Oklahoma, Nebraska and Arizona. Subsidiaries of the holding company and the lead bank, UMB Bank, n.a., include mutual fund and alternative investment services groups, single-purpose companies that deal with brokerage services and insurance, and a registered investment adviser that manages the company's proprietary mutual funds and investment advisory accounts for institutional customers.

Lines of business

  • Commercial Banking & Lending
  • Investment & Wealth Management
  • Consumer & Small Business Banking
  • Healthcare Services: Health Savings Accounts (HSA) and debit cards for Flexible Spending Accounts (FSA).

Subsidiaries

  • Grand Distribution Services, LLC
  • J.D. Clark & Company
  • Kansas City Financial Corporation
  • Kansas City Realty Company
  • Prairie Capital Management, LLC
  • Scout Distributors, LLC
  • Scout Investments, Inc.
  • UMB Banc Leasing Corp.
  • UMB Bank & Trust, n.a.
  • UMB Bank Arizona, n.a.
  • UMB Bank Colorado, n.a.
  • UMB Capital Corporation
  • UMB Community Development Corporation
  • UMB Distribution Services, LLC
  • UMB Financial Services, Inc.
  • UMB Fund Services, Inc.
  • UMB Insurance, Inc.
  • UMB National Bank of America
  • UMB Realty Company, LLC
  • UMB Redevelopment Corporation
  • UMB Trust Company of South Dakota
  • United Missouri Insurance Company

Recognition

  • In 2009, UMB Financial Corporation was ranked as the number two bank in the nation by Forbes.[2]
  • UMB Financial Corporation was entered into the Congressional Record in 2010 for excellent performance during the financial crisis.[3]

References

  • UMB History
  • UMB Recognition

External links

  • Reuters profile
  • UMB Bank website
  • The Kemper Timeline
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