UMB Bank

What UMB Bank does

UMB Financial Corporation (NASDAQ: UMBF) is a $73.1 billion-asset bank holding company headquartered in Kansas City, Missouri, founded in 1913 and operating primarily through its national bank subsidiary UMB Bank, n.a. The company serves three primary segments: Personal Banking (checking, savings, credit cards, mortgages, home equity, auto and personal loans, HSA/Flex accounts, and private wealth management); Business Banking (business checking/savings, commercial lending, capital finance, commercial and fleet credit cards, treasury and payment services, payroll/benefits administration, retirement plan services, and HSA/Flex); and Institutional Banking (capital markets, corporate trust and agency services, fund administration for alternative investments, institutional custody, and institutional/fintech banking services). At the center of its institutional franchise is a custody platform holding $250 billion in assets under custody as of March 2026, up 19% year-over-year, alongside fund services for private equity, real estate and venture capital funds. Technology is delivered through a digital banking platform supporting online and mobile channels, with digital wallet integrations (Google Pay, Apple Pay, Samsung Pay, Garmin Pay), the UMB Commercial Card platform, and the CentreSuite Fleet Card platform for commercial card and fleet management.

Revenue is generated across six principal streams: (1) interest income from loans and lines of credit (mortgages, home equity, auto, personal, business, commercial), with home equity lines priced at an introductory 5.49% APR for 24 months, then variable 7.24%-10.00% APR; (2) deposit and account fees, including UMB Select Checking with a $1,000 minimum opening deposit; (3) credit card revenue across personal (Travel Select, Simply Rewards) and commercial card products; (4) wealth management and trust services (Private Wealth Management, Private Banking, Trust and Investment Services); (5) treasury and payment services for businesses; and (6) institutional services including custody, fund administration, capital markets, and corporate trust. The HSA business adds a seventh stream following the acquisition of Old National Bank's HSA portfolio ($500 million in assets and 157,000+ accounts). Distribution combines a physical branch and ATM network, self-serve online and mobile banking for consumers and SMBs, and dedicated relationship bankers plus specialized sales teams for enterprise and institutional clients, executed under a relationship banking model emphasizing direct access to decision-makers.

Name

UMB Bank

Legal name

UMB Financial Corporation

Website

https://umb.com

Company type

Public

Founded year

1913

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

UMB Financial Corporation (NASDAQ: UMBF) is a $73.1 billion-asset regional bank holding company headquartered in Kansas City, serving consumer, business, and institutional clients across the U.S. with deposits, lending, wealth management, commercial cards, fund administration, and $250 billion in institutional custody assets.

Ownership category

akta.pro rank

Product category

Commercial Banking

NAICS

Commercial Banking (52211)

SIC

National Commercial Banks (6021), State Commercial Banks (6022)

akta.pro primary industry

SME Deposits & Business Accounts (Operating, Savings, CDs) (FSABABAC)

akta.pro secondary industries

Mass-Market Consumer Deposit Banking (Checking/Savings) (FSABAAAA), SME Sector/Specialty Banking (Vertical-focused: Healthcare, Agri, Tech, etc.) (FSABABAI)

Keywords

• Commercial banking services
• Wealth management solutions
• Institutional custody services
• Corporate treasury management
• Consumer deposit products

Headquarters

HQ city

Kansas City

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales, Others

Revenue model

1. Interest Income: Traditional banking revenue from interest earned on loans including mortgages, auto loans, personal loans, business loans, and commercial lending. Home equity lines offered at introductory rates as low as 5.49% APR for 24 months.
2. Deposit and Account Fees: Fees from checking accounts (UMB Select Checking with $1,000 minimum opening deposit), savings accounts, time deposit accounts, and various service charges.
3. Credit Card Revenue: Revenue from credit card products including UMB Travel Select Visa Credit Card (3X points), UMB Simply Rewards Visa Credit Card, and commercial credit cards.
4. Wealth Management and Trust Services: Private Wealth Management, Private Banking and Loans, Trust and Investment Services, and UMB Financial Services for investment management and estate planning.
5. Treasury and Payment Services: Cash flow management, payment services, payroll and benefits administration, retirement plan services, and commercial payables solutions.
6. Institutional Services: Capital markets, corporate trust and agency services, fund services, institutional custody ($250B in assets under custody), and institutional/fintech banking.
7. Healthcare Services (HSA): Health savings account and flex account services for individuals and employers, with acquisition of Old National Bank HSA business adding $500M in assets and 157,000+ accounts.

Pricing tiers

Go-to-market motion3 records

Distribution channels5 records

Marketing channels4 records

Core offering

UMB Bank, through its parent UMB Financial Corporation, is a regional commercial bank that provides deposit products, lending, credit cards, wealth management, treasury management, capital markets, fund services, and institutional custody to individuals, businesses, and institutional clients. It operates across three segments — Personal Banking, Business Banking, and Institutional Banking — delivering full-service banking alongside digital and mobile channels.

Product overview

UMB Bank offers a comprehensive banking platform organized across three main segments: Personal Banking, Business Banking, and Institutional Banking. Personal banking includes deposit products (UMB Select Checking, UMB Premium Savings, UMB Value Checking), credit cards (UMB Travel Select Visa, UMB Simply Rewards), loans (mortgage, home equity, auto, personal), and wealth management services. Business banking encompasses cash management, commercial lending, capital finance, commercial credit cards, fleet cards (CentreSuite), treasury management, payroll and benefits, and retirement plan services. Institutional banking provides capital markets, corporate trust, UMB Fund Services for alternative investments, institutional custody ($250B+ in assets), and fintech banking solutions. Health Savings Accounts (HSAs) and flex accounts serve both individual and employer markets across segments. The bank also provides digital banking platforms including online and mobile banking with digital wallet support (Google Pay, Apple Pay, Samsung Pay, Garmin Pay).

Differentiator

Problem solved

Functional benefit

Brands

• UMB Select Checking: Interest-bearing checking account with $1,000 minimum opening deposit, fee waivers, and special loan rate discounts
• UMB Premium Savings
• UMB Value Checking
• UMB Travel Select Credit Card
• UMB Simply Rewards Visa Credit Card
• UMB Commercial Card
• UMB Fleet Card Program (CentreSuite)
• UMB Fund Services
• UMB Institutional Custody

Products and services

• UMB Select Checking Interest-bearing personal checking account requiring a $1,000 minimum opening deposit, with fee waivers and special loan rate discounts, designed for individual consumers seeking everyday banking.
• UMB Premium Savings Interest-bearing personal savings account offering enhanced earnings for individuals with larger savings balances.
• UMB Value Checking Personal checking account available for online account opening, designed for everyday consumer banking needs.
• UMB Travel Select Visa Credit Card Consumer credit card offering 3X points on purchases and a low introductory APR for individual travel rewards.
• UMB Simply Rewards Visa Credit Card Consumer credit card offering 15,000 bonus points and a low introductory APR for personal rewards accumulation.
• Home Equity Line of Credit Revolving credit line secured by home equity with an introductory rate as low as 5.49% APR for 24 months, then variable 7.24%-10.00% APR.
• Mortgage Loans Home purchase financing solutions delivered through UMB Mortgage Solutions for individual homebuyers.
• Online Banking Fully-featured online banking platform with money management tools, card controls, bill pay, mobile check deposit, and financial tracking for personal and business account holders.
• Mobile Banking Mobile banking application available on Google Play and Apple App stores offering the full online banking feature set on mobile devices.
• Private Wealth Management Comprehensive wealth management services including financial advising, investment portfolio management, and legacy preservation planning for high-net-worth individuals.
• Trust and Investment Services Estate planning, trust administration, and investment services delivered through UMB's Private Wealth Management division for individuals and families.
• Business Checking Cash management business checking accounts for small and mid-sized business banking needs.
• Business Savings Business savings accounts for cash management and business deposit balances.
• Commercial Lending Commercial lending solutions including credit facilities and term loans for corporate borrowers across multiple industries.
• Capital Finance Specialized business financing solutions delivered through UMB's capital finance division, including asset-based and structured lending.
• Commercial Credit Cards Credit card solutions for commercial and business use, with expense management, reporting, and virtual card capabilities.
• Commercial Fleet Card (CentreSuite) Fleet card program for fuel and maintenance purchases with driver and vehicle cards, reporting analytics, and spend controls for commercial fleet operators.
• Treasury Management Cash flow management, payables, receivables, and treasury services for business clients.
• Payroll and Benefits Payroll processing and employee benefits administration services for businesses.
• Retirement Plan Services Retirement plan services for employer-sponsored retirement plans.
• HSA/Flex Accounts

Quantifiable outcome

• $250 billion custody assets, up 19% YoY as of March 2026
• +2 more outcomes

Named customers8 records

Segments4 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

AI capability1 record

Feature3 records

Partnerships

One partnership is on record.

• Old National BankmajorStrategic or Co-development Partner · 27 June 2022UMB Healthcare Services agreed to acquire Old National Bank's health savings account (HSA) business, significantly expanding UMB's direct-to-employer accounts and client assets. The transaction involved approximately $500 million in assets and over 157,000 accounts, expected to close Q4 2022 pending regulatory approval.

Scale indicators10 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Commerce Bancshares: Commerce Bancshares is the most direct comparable peer—a Kansas City-based commercial bank with similar business banking, treasury management, and personal banking product suites. UMB competes head-to-head with Commerce in the Kansas City region, and they share a relationship banking, commercial-focused model of similar scale.
• Cullen/Frost Bankers (Frost Bank): Frost Bank is a Texas-based regional commercial bank with a comparable relationship banking model, similar asset size, and parallel emphasis on commercial lending and treasury management. Both banks emphasize relationship-driven middle-market banking and conservative credit culture.
• BOK Financial: BOK Financial is a Tulsa-based regional bank with comparable institutional services including capital markets, energy lending, and treasury management. Both UMB and BOK compete in similar middle-market segments with relationship-driven commercial banking models and have overlapping geographic exposure in the central US.
• First Horizon National: First Horizon is a Tennessee-based regional bank of similar size with parallel business lines including commercial banking, capital markets, and wealth management. Comparable middle-market commercial lending focus and similar acquisition-driven growth history.
• Old National Bancorp: Old National is a Midwest regional bank of similar asset size with comparable commercial banking, wealth management, and treasury services. Notably, Old National sold its HSA business to UMB in 2022, and the two compete in overlapping Midwest geographies.
• Pinnacle Financial Partners: Pinnacle Financial Partners is a Tennessee-based regional commercial bank with similar size, relationship banking model, and middle-market commercial lending focus. Both emphasize local decision-making and dedicated relationship banker models.
• Wintrust Financial: Wintrust is a Chicago-based regional bank with comparable vertical specialty banking franchises including franchise finance, healthcare, and specialty commercial lending. The two share a focus on building differentiated specialty lending practices within a regional banking platform.
• Cadence Bank: Cadence Bank is a regional commercial bank of similar asset size with parallel business banking, treasury management, and institutional services. Comparable middle-market and commercial real estate lending orientation.

Broad incumbents

• Webster Financial: Webster Financial is a regional bank holding company with similar commercial banking, healthcare banking, and HSA capabilities. Webster's HSA division (formerly HSA Bank) directly competes with UMB Healthcare Services in the direct-to-employer HSA market.
• JPMorgan Chase Commercial Banking: JPMorgan Chase's Commercial Banking division competes with UMB for middle-market commercial clients and treasury management relationships. While vastly larger, JPM represents the competitive ceiling UMB faces when institutional clients outgrow regional bank capabilities.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat6 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/umbbank
• Facebookfacebook.com/UMBBank
• LinkedInlinkedin.com/company/umb-bank
• Instagraminstagram.com/umbbank

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles13 records

Subsidiaries4 records

Funding overview

Funding rounds3 records

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A5 records

Investments19 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about UMB Bank