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Celebrating 50 years on Nasdaq

UMB was invited to ring the closing bell on Nasdaq to celebrate 50 years of being a publicly traded company on March 3, 2021. Watch our virtual celebration with a message from CEO via the video below.

Growing: the ‘70s to today

We’re excited to celebrate our 50-year milestone of trading on the Nasdaq. In 1971, our company was a small group of Missouri banks with a combined $630 million in assets. Today, UMB Financial Corporation has grown to $31 billion in assets, with diverse business lines and capabilities that serve our diverse clients. Following are just a few of the facts that demonstrate how much we’ve grown and evolved.

Then and now

  • Significant deposit growth: At the end of 2020, our deposits stood at $27 billion and loan balances were just over $16 billion—more than 60 times our 1971 levels.
  • Outstanding shareholder value: I’m proud to say we’ve paid a dividend in each of the past 50 years. And since 2002, we’ve increased our annual dividend nearly 229% with 19 years of uninterrupted increases.
  • Consistent stock performance: If you had invested $100 in UMB stock back in the ‘70s and reinvested your dividends, it would have grown to nearly $13,000 today. For comparison, $100 invested in gold at the same time would be worth just over $900.

We’ve seen it all. We’ve been through it all. We’re prepared for what comes next.

While we’re celebrating 50 years as a publicly traded company, our roots go back much further. We have been serving clients for 108 years—and have seen many crises during that time. Through each difficult period, we’ve learned more about preparing for all environments, and we’ve strengthened our focus on long-term performance.

The members of our loan committee have been with the bank for an average of 22 years, and our underwriting philosophy and credit standards don’t change. This helps ensure our credit quality remains exceptional—with net charge-offs or loss ratio of only 0.13% of average loans in 2020—even with the exponential growth we’ve experienced.

I am honored to be at the helm of UMB and am incredibly proud that our steadiness and consistency of approach has allowed us to build a company that continues to evolve and grow. Sticking to our values, working together and never losing sight of our customers’ needs are all key items that have contributed to our success and will do so going forward.

Looking to the future

I want to thank our shareholders and investors who continue to support us as we grow and serve our customers and communities. And I especially want to thank the more than 3,500 associates who are the heartbeat of our company. I’m inspired daily by the way they serve each other and our clients.

In the Nasdaq celebration, you’ll see some of our management team joining in, along with a group of our dedicated operations associates who’ve been onsite throughout the pandemic. And, we invited a few of our longest-tenured team members to participate, including a couple of associates who’ve been with us for more than 50 years.

UMB’s culture is rich in history, balanced with an entrepreneurial spirit, and we look forward to bringing that energy into the next 50 years.


When you click links marked with the “‡” symbol, you will leave UMB’s website and go to websites that are not controlled by or affiliated with UMB. We have provided these links for your convenience. However, we do not endorse or guarantee any products or services you may view on other sites. Other websites may not follow the same privacy policies and security procedures that UMB does, so please review their policies and procedures carefully.

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When you click links marked with the “‡” symbol, you will leave UMB’s Web site and go to Web sites that are not controlled by or affiliated with UMB. We have provided these links for your convenience. However, we do not endorse or guarantee any products or services you may view on other sites. Other Web sites may not follow the same privacy policies and security procedures that UMB does, so please review their policies and procedures carefully.
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