UMB Financial News

Most regional stocks joined in a broad sell-off Friday, as stocks overall had their worst day of the year.

Most regional stocks ended Friday on a high note, helping the stock market finish at its highest point since Lehman Brothers collapsed in 2008.The local winners’ list included Kansas City Southern, UMB Financial, Cerner, Waddell & Reed and O’Reilly Automotive.Sprint Nextel, the region’s largest public company closed at $2.32, ... (more)

U.S. Bancorp, the parent company of U.S. Bank, has made three large acquisitions during the past week, expanding both its banking and trust-services businesses.

Regional stocks enjoyed a good day Wednesday, with most companies finishing higher.

Before Michael Hagedorn, finance chief at $12.1 billion banking firm UMB Financial, pulls the trigger on a deal, he tests it using at least three sets of assumptions - optimistic, neutral, and pessimistic.

U.S. Bancorp is on an acquisition spree. In an effort to expand its trust business, the company's lead bank, U.S. Bank National Association, has agreed to acquire the Indiana corporate trust business of UMB Bank, a subsidiary of UMB Financial Corporation .

U.S. Bancorp said Monday it is buying the Indiana corporate trust business of UMB Bank, which is a subsidiary of UMB Financial Corp.

U.S. Bancorp made a pair of strategic acquisitions over the last week, expanding its east coast presence with a bank purchase in Tennessee and adding scale to its corporate trust business through a purchase from Kansas City-based UMB Financial Corp.

UMB Bank on Monday announced that it's selling its Indianapolis corporate trust operations to U.S. Bank National Association.

UMB backed up its ranking as one of Forbes' "best banks" with record earnings of $106.5 million in 2011, the first time it exceeded $100 million and $15 million better than the $91 million it earned in 2010.

UMB Financial Corp. in Kansas City, Mo., on Wednesday reported $23.3 million in fourth-quarter profits, up 22% from a year earlier but falling short of expectations.

UMB surpassed $100 million in net income for the first time in its history - $106.5 million, or $2.64 a share.

A 22 percent jump in fourth quarter earnings pushed annual earnings at UMB Financial Corp.

YRC Worldwide and Waddell & Reed were among the best-performing regional stocks Friday, in a day in which IBM and Microsoft drove the Dow Jones industrial average higher.Other regional winners included UMB Financial, Layne Christensen, Commerce Bancshares, H&R Block and Collective Brands.O’Reilly Automotive was one of the hardest hit ... (more)

The company will unveil its latest earnings on Tuesday, Jan. 24. UMB Financial is a multi-bank holding company, which offers a range of banking and other financial services to its customers through its branches and offices.

It offers complete banking, asset management, health spending solutions and related financial services to both individual and business customers.