UMB in Missouri Taps New CFO

By Antonio Olivero February 03, 2014, 10:20 a.m. EST 1 Min Read

Community banking

Former UMB Chairman R. Crosby Kemper Dies

A former chairman of UMB Financial (UMBF) in Kansas City, Mo., died Thursday.

By Sarah Todd

January 3
Consumer banking

UMB in Missouri Increases Loans 21%

UMB Financial Corp. (UMBF) in Kansas City, Mo., posted its 14th consecutive quarter of loan growth for the period ending Sept. 30.

By Sarah Todd

October 22
Consumer banking

UMB Prices Offering at $54 Per Share

UMB Financial (UMBF) seeks to raise up to $242.2 million next week from a common stock offering that priced Tuesday.

By Chris Cumming

September 11
Community banking

UMB Could Raise $257 Million in Stock Sale

UMB Financial (UMBF) in Kansas City, Mo., is planning a stock sale that could bring in as much as $257 million.

By Chris Cumming

September 9
Community banking

UMB Financial in Missouri Losing Its Largest Deposit Account

UMB Financial in Kansas City, Mo., disclosed in a regulatory filing Thursday that a client is expected to move about $1.1 billion in deposits to an unnamed depository institution in the next 120 days.

By Paul Davis

September 5

UMB Financial (UMBF) Kansas City, Mo., has a new chief financial officer.

The $15.5 billion-asset company disclosed in a Securities and Exchange Commission filing Friday that it had promoted Brian Walker, formerly its chief accounting officer, to become CFO, effective immediately.

Walker succeeded Michael Hagedorn, who had been the company's CFO for nine years. Hagedorn was named president and chief executive of unit UMB Bank.

Earlier this week UMB reported a substantial increase in profits because of loan growth and a rise in fee income. Fourth-quarter earnings rose 65% from a year earlier, to $37.4 million.

Antonio Olivero