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UMB Financial Expands with Heartland Acquisition

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UMB Financial Expands with Heartland Acquisition

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UMB Financial ( (UMBF) ) has provided an announcement.

On January 31, 2025, UMB Financial Corporation completed the acquisition of Heartland Financial USA, Inc., marking the largest acquisition in its 111-year history. This merger significantly expands UMB’s asset size by over 30%, increases its geographic footprint, and enhances its private wealth management and retail deposit base. The merger also results in a restructured board of directors and changes to UMB’s performance share unit awards. HTLF will operate as a division of UMB, with banking system conversions expected in late 2025, and its shares will be delisted from Nasdaq.

More about UMB Financial

UMB Financial Corporation, headquartered in Kansas City, Missouri, is a financial services company offering commercial banking, personal banking, and institutional banking services. It operates branches across multiple states and serves business clients nationwide and institutional clients globally.

YTD Price Performance: 5.47%

Average Trading Volume: 555,676

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $5.75B

For a thorough assessment of UMBF stock, go to TipRanks’ Stock Analysis page.

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