Insider Trading in Focus: UMB Financial Corporation $UMBF

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UMB Financial Corporation (UMBF) insider have most recently took part in a trading activity. On Dec 1, 2017 Graves Greg M, Director bought 13 shares having total worth of $965 at the price of $74.24 per share, following the transaction a total of 19,024 shares owned by Graves Greg M. Before this latest buy, Graves Greg M purchased UMBF at 6 other times during the past twelve months, for a total investment of $69,013 at an average of $74.05 per share.

The stock has experienced a total of 3 insider trades in the past three months. These trades include 1 sell activities and 2 buy trades. Furthermore, over the past 12 months , the stock was traded 50 times by insiders. In 40 of these trades, the insider was a seller while an employee of the company was the buyer in 10 instances.

Time Frame Number of Insider Buy Number of Insider Sell Stock Price Change(%)
3 Month 2 1 4.19%
12 Month 10 40 38.29%

Shares of UMB Financial Corporation (UMBF) traded up 1.55% on Dec 4, 2017, hitting $75.47. 246,053 shares of the company’s stock traded hands. UMB Financial Corporation has a 52 week low of $49.27 and a 52 week high of $80.47. The company’s market cap is $2,910 million.

UMB Financial Corporation (UMBF) last announced its earnings results on Oct 24, 2017. The company reported 0.00 earnings per share (EPS) for the quarter, lower than the consensus estimate of 0.94 by $0.94., compared to the consensus estimate of $258 million. During the same quarter in the previous year, the company posted 0.87 earnings per share. The company’s revenue for the quarter was down 100% on a year-over-year basis.

2017-10-24 2017-07-25 2017-04-25 2017-01-24 2016-10-25 2016-07-26 2016-04-26 2016-01-26 2015-10-27 2015-07-28
earnings per share 0.00 0.90 0.89 0.91 0.87 0.80 0.79 0.70 0.46 0.65
Revenue(M) 0 247.7 255.1 247.79 246.71 242.66 234.24 227.05 218.99 216.91

UMB Financial Corporation was organized as a corporation in 1967, under Missouri law for the purpose of becoming a bank holding company registered under the Bank Holding Company Act of 1956. UMB Financial is a financial holding company under the Gramm-Leach-Bliley Act of 1999. The Company owns all of the outstanding stock of four commercial banks and 21 other subsidiaries. The Company’s main subsidiary bank is UMB Bank. n.a. The banks offer a full range of banking services to commercial, retail, government and correspondent bank customers. In addition to standard banking functions, the bank provides international banking services, investment and cash management services, data processing services for correspondent banks and a full range of trust activities for individuals, estates, business corporations, governmental bodies and public authorities. The Company’s products and services are grouped into three segments, Commercial Financial Services, Institutional Financial Services, and Personal Financial Services. Commercial Financial Services serves the commercial lending and leasing, capital markets, and treasury management needs of the Company’s mid-market businesses and governmental entities by offering various products and services. Such services include commercial loans, letters of credit, loan syndication services, consultative services, and a variety of financial options for companies that need non-traditional banking services. Capital markets services include asset-based financing, asset securitization, equity and mezzanine financing, factoring, private and public placement of senior debt, as well as merger and acquisition consulting. Treasury management services include depository services, account reconciliation services, electronic fund transfer services, controlled disbursements, lockbox services, and remote deposit capture services. Institutional Financial Services is a combination of banking services, fund services, and asset management services provided to institutional clients. This segment also includes consumer and commercial credit card services in addition to healthcare services, mutual fund cash management, and international payments. Institutional Financial Services includes businesses such as the Company’s institutional investment services functions, Scout Investment Advisors, UMB Fund Services, corporate trust and escrow services as well as correspondent banking, investment banking, and healthcare services. Products and services include bond trading transactions, cash letter collections, FiServ account processing, investment portfolio accounting and safekeeping, reporting for asset/liability management, and Fed funds transactions. UMB Fund Services provides fund administration and accounting, investor services and transfer agency, marketing and distribution, custody and alternative investment services. Personal Financial Services combines consumer services and asset management services provided to personal cl

William White

William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.

About the Author

William White
William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.