8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Form 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): 7/22/2014

UMB FINANCIAL CORPORATION

(Exact name of registrant as specified in its charter)

Commission File Number : 0-4887

MO	43-0903811
(State or other jurisdiction of incorporation)	(IRS Employer Identification No.)

1010 Grand Blvd., Kansas City, MO 64106

(Address of principal executive offices, including zip code)

(816) 860-7000

(Registrant’s telephone number, including area code)

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act ( 17 CFR 240.14d-2(b))

¨ Pre-commencement communications pursuant to Rule 13c-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 2.02 Results of Operations and Financial Condition

On July 22, 2014, UMB Financial Corporation (the “Company”) issued a press release announcing the financial results for the Company for the quarter ending June 30, 2014. A copy of the press release is attached as Exhibit 99.1.

The information contained in Item 2.02 of this Current Report and in Exhibit 99.1 is being furnished and shall not be deemed to be “filed” with the SEC for the purposes of Section 18 of the Exchange Act of 1934, as amended or otherwise subject to the liabilities of that section.

Item 7.01 Regulation FD Disclosure

The information provided under Item 7.01 of this Current Report on Form 8-K is being furnished and is not deemed to be “filed” with the SEC for the purposes of Section 18 of the Exchange Act of 1934, as amended or otherwise subject to the liabilities of that section.

The Company is furnishing a copy of materials that will be used in the Company’s shareholder conference call on July 23, 2014, at 9:30 a.m. (CST). A copy of the materials is attached as Exhibit 99.2 and will be available on the Company’s website at www.umbfinancial.com. The materials are dated July 22, 2014, and the Company disclaims any obligation to correct or update any of the materials in the future.

The Company’s July 22, 2014, press release that is attached as Exhibit 99.1 also announced that the Board of Directors declared a regular quarterly dividend of $0.225 per share payable on October 1, 2014, to shareholders of record on September 10, 2014.

Item 9.01 Financial Statements and Exhibits

Exhibit 99.1	Press Release announcing financial results for quarter ending June 30, 2014, and announcing dividend declaration
Exhibit 99.2	Investor Presentation Materials, dated July 22, 2014.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

UMB FINANCIAL CORPORATION
By:	/s/    Brian J. Walker
	Brian J. Walker EVP, Chief Financial Officer And Chief Accounting Officer

Date: July 22, 2014

EX-99.1

Exhibit 99.1

UMB Financial Corporation 1010 Grand Boulevard Kansas City, MO 64106 816.860.7000 umb.com News Release

//FOR IMMEDIATE RELEASE//

Media Contact: Kelli Christman: 816.860.5088

Investor Relations Contact: Abby Wendel: 816.860.1685

UMB Financial Corporation Reports Second Quarter 2014 Earnings of $34.7 million,

or $0.76 per Diluted Share

Selected second quarter financial highlights:

• Average net loans for the three months ended June 30, 2014 increased 12.0 percent to $6.9 billion compared to the three months ended June 30, 2013; marks the 17^th consecutive quarter of loan growth

• Nonperforming loans decreased to 0.39 percent of loans as of June 30, 2014, from 0.40 percent of loans as of June 30, 2013

• Noninterest income increased 18.0 percent from the second quarter of 2013 to $134.0 million; represents 60.9 percent of total revenue

• Total company assets under management stood at a record $43.7 billion, an increase of 21.9 percent compared to the second quarter of 2013

• Tier 1 capital ratio remains strong at 13.81 percent

KANSAS CITY, Mo. (July 22, 2014)—UMB Financial Corporation (Nasdaq: UMBF), a diversified financial holding company, announced earnings for the three months ended June 30, 2014 of $34.7 million or $0.77 per share ($0.76 diluted). This is an increase of $4.7 million, or 15.8 percent, compared to second quarter 2013 earnings of $29.9 million or $0.75 per share ($0.74 diluted). Earnings for the six months ended June 30, 2014, were $58.1 million or $1.30 per share ($1.28 diluted). This is a decrease of $6.8 million, or 10.5 percent, compared to the prior year-to-date earnings of $64.9 million or $1.62 per share ($1.61 diluted).

“As our second quarter results demonstrate, the strength of our business model relies on diverse revenue sources, high quality credit, a strong balance sheet and low-cost funding,” said Mariner Kemper, Chairman and Chief Executive Officer. “Total company assets under management reached a record high this quarter at $43.7 million. Compared to the same period a year ago, AUM increased 21.9 percent, and over the past five years increased 34.1 percent on a compound annual growth rate basis. Loan growth continues to be a driving force behind our success with average net loans increasing 12.0 percent during the second quarter of 2014, as compared to the second quarter of 2013. This was our 17^th consecutive quarter of loan growth. Finally, noninterest income increased 18.0 percent, compared to the second quarter 2013, led by revenue growth in our investment management and asset servicing businesses. Diverse revenue, loan growth, total cost of funds at 10 basis points, and excellent credit quality demonstrate that our business model continues to serve us well.”

Net Interest Income and Margin

Net interest income for the second quarter of 2014 increased $3.8 million, or 4.7 percent, compared to the same period in 2013. Average earning assets increased by $749.3 million, or 5.4 percent, compared to the second quarter of 2013. This increase was due to a $739.0 million, or 12.0 percent, increase in average loans. Net interest margin decreased three basis points to 2.53 percent for the three months ended June 30, 2014, compared to the same quarter in 2013.

Noninterest Income and Expense

Noninterest income increased $20.4 million, or 18.0 percent, for the three months ended June 30, 2014, compared to the same period in 2013. This increase is attributable to increased trust and securities processing income of $9.9 million, or 15.6 percent, for the three months ended June 30, 2014, compared to the same period in 2013. The increase in trust and securities processing income was primarily due to a $3.7 million, or 18.9 percent, increase in fees related to institutional and personal investment management services, a $3.1 million, or 16.3 percent, increase in fund administration and custody services, and a $2.2 million, or 10.0 percent increase, in advisory fee income from the Scout Funds. Equity earnings on alternative investments increased $3.5 million due to unrealized gains on Prairie Capital Management (“PCM”) equity method investments for the three months ended June 30, 2014, compared to the same period in 2013. Other noninterest income increased $4.5 million primarily driven by a gain on the sale of a branch property of $2.8 million and increased fair value adjustments on interest rate swap transactions of $0.8 million compared to the same period in 2013.

Noninterest expense increased $16.2 million, or 10.8 percent, for the three months ended June 30, 2014, compared to the same period in 2013. This increase is driven by higher salary and benefits expense of $6.0 million, or 7.1 percent, an increase in the contingency reserve of $5.3 million, an increase in equipment expense of $1.0 million, and an increase in other noninterest expense of $2.1 million. The increase in salary and benefits is due to increases in salaries and wages of $2.5 million, or 4.7 percent, a $1.2 million, or 6.7 percent, increase in commissions and bonuses, and a $2.3 million, or 17.4 percent, increase in employee benefits expense. The increase of $2.1 million in other noninterest expense is due to a $0.8 million increase in fair value adjustments on contingent consideration liabilities and a $0.6 million increase in fair value adjustments on interest rate swap transactions. On June 30, 2014, the Company entered into a settlement agreement to resolve objections to its calculation of the earn-out amount owed to the sellers of PCM and a related incentive bonus calculation for the employees of PCM. As of June 30, 2014, an additional $5.3 million of contingency reserve expense was recorded during the second quarter of 2014 for a total estimated settlement liability of $20.3 million.

“Our fee-based businesses continue to perform well, resulting in noninterest income at 60.9 percent of our total revenue,” said Peter deSilva, President and Chief Operating Officer. “Trust and securities processing revenue increased 15.6 percent to $73.4 million compared to the second quarter 2013. Scout Investments—our institutional investment management segment—delivered nearly half of the increase with 16.6 percent growth in noninterest income year-over-year. Revenue from our asset servicing business increased 17.7 percent compared to the second quarter 2013. Assets under management within the bank are now more than $11 billion—also a record—and asset management-related revenue within the bank increased 14.2 percent. Within our payment solutions segment, healthcare deposits increased 36.4 percent compared to the prior year and healthcare and flexible spending accounts increased more than 45 percent year-over-year to 4.6 million total accounts.”

Balance Sheet

Average total assets for the three months ended June 30, 2014, were $15.6 billion compared to $14.9 billion for the same period in 2013, an increase of $0.7 billion, or 5.0 percent. Average earning assets increased by $0.7 billion for the period, or 5.4 percent.

Average loan balances for the three months ended June 30, 2014, increased $739.0 million, or 12.0 percent, to $6.9 billion compared to the same period in 2013. Actual loan balances on June 30, 2014, were $6.9 billion, an increase of $0.6 billion, or 9.2 percent, compared to June 30, 2013. This increase

was primarily driven by an increase in commercial loans of $207.5 million, or 6.2 percent, a $160.2 million, or 10.2 percent, increase in commercial real estate loans, and a $124.7 million, or 116.4 percent, increase in construction loans. Nonperforming loans increased to $27.2 million on June 30, 2014, from $25.5 million on June 30, 2013. As a percentage of loans, nonperforming loans decreased to 0.39 percent as of June 30, 2014, compared to 0.40 percent on June 30, 2013. Nonperforming loans are defined as nonaccrual loans and restructured loans. The company’s allowance for loan losses totaled $76.8 million, or 1.11 percent of loans, as of June 30, 2014, compared to $71.6 million, or 1.13 percent of loans, as of June 30, 2013.

For the three months ended June 30, 2014, average securities, including trading securities, totaled $7.0 billion. This is a decrease of $180.4 million, or 2.5 percent, from the same period in 2013.

Average total deposits increased $0.7 billion, or 6.0 percent, to $12.3 billion for the three months ended June 30, 2014, compared to the same period in 2013. Average noninterest-bearing demand deposits increased $516.7 million, or 11.2 percent, compared to 2013. Average interest-bearing deposits increased by $183.2 million, or 2.6 percent, in 2014 as compared to 2013. Total deposits as of June 30, 2014, were $12.2 billion, compared to $11.7 billion as of June 30, 2013, a 3.8 percent increase. Also, as of June 30, 2014, noninterest-bearing demand deposits were 44.4 percent of total deposits.

As of June 30, 2014, UMB had total shareholders’ equity of $1.6 billion, an increase of 30.6 percent as compared to the same period in 2013. This increase is primarily attributable to the common stock issuance the company completed in September 2013.

“True to our strategy to rotate out of the investment portfolio and into loans, the increase in interest income in the second quarter came from loan volume and changes to the earning asset mix,” said Brian Walker, Chief Financial Officer. “The average balance of the investment portfolio decreased 2.1 percent year-over-year. Our bias toward shortening the duration of the portfolio, combined with the strategy to rotate into loans further demonstrates our balanced approach toward asset sensitivity while guarding against a continued, sustained low interest rate environment. We believe we are well positioned to benefit in a rising rate environment.”

Year-to-Date

Earnings for the six months ended June 30, 2014, were $58.1 million or $1.30 per share ($1.28 diluted). This is a decrease of $6.8 million, or 10.5 percent, compared to the prior year-to-date earnings of $64.9 million or $1.62 per share ($1.61 diluted).

Net interest income for the six months ended June 30, 2014, increased $9.8 million, or 6.1 percent, compared to the same period in 2013. Net interest margin decreased to 2.45 percent for the six months ended June 30, 2014, as compared to 2.53 percent for the same period in 2013.

Noninterest income increased $22.4 million, or 9.5 percent, to $257.0 million for the six months ended June 30, 2014, as compared to the same period in 2013. The increase in noninterest income is primarily driven by increased trust and securities processing income of $19.1 million, or 15.2 percent. The increase in trust and securities processing income was primarily due to a $6.7 million, or 17.2 percent, increase in fees related to institutional and personal investment management services, a $6.5 million, or 15.0 percent, increase in advisory fee income from the Scout Funds, and a $4.5 million, or 11.6 percent, increase in fund administration and custody services. Additional increases in noninterest income include a $6.0 million increase in equity earnings on alternative investments due to unrealized gains on PCM equity method investments and a $4.1 million, or 69.0 percent increase in other noninterest income. The increase in other noninterest income is driven by $2.8 million gain on the sale of a branch property and a $1.4 million increase in fair value adjustments on interest rate swap transactions during the first six months of 2014 compared to the same period in 2013. These increases were offset by a decrease in trading and investment banking income of $1.8 million and a decrease in gains on securities available for sale of $3.4 million in the first six months of 2014 compared to the same period in 2013.

Noninterest expense increased $38.1 million, or 12.7 percent, for the six months ended June 30, 2014, compared to the same period in 2013. This increase is driven by an increase in salary and employee benefit expense of $11.1 million, or 6.7 percent, and a $20.3 million increase in the contingency reserve. As noted above, $20.3 million of contingency reserve has been recognized in 2014 in conjunction with the settlement agreement entered into on June 30, 2014, to resolve the PCM dispute. Of this amount $15.0 million was recognized in the first quarter of 2014 and $5.3 million was recognized in the second quarter of 2014.

Dividend Declaration

The Board of Directors declared during the company’s quarterly board meeting a $0.225 quarterly cash dividend, payable on October 1, 2014, to shareholders of record at the close of business on September 10, 2014.

Conference Call

The company plans to host a conference call to discuss its 2014 second quarter earnings results on July 23, 2014, at 9:30 a.m. (CDT).

Interested parties may access the call by dialing (toll-free) 800-524-8950 or (U.S.) 416-260-0113. The live call can also be accessed by visiting the investor relations area of umbfinancial.com or by using the following the link:

http://event.on24.com/r.htm?e=816187&s=1&k=2C36A678B70F9F90A5C30FBBFC76E890

A replay of the conference call may be heard until August 8, 2014, by calling (toll-free) 888-203-1112 or (U.S.) 719-457-0820. The replay pass code required for playback is conference identification number 5599321. The call replay may also be accessed via the company’s website umb.com by visiting the investor relations area.

Forward-Looking Statements:

This release contains, and our other communications may contain, forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements can be identified by the fact that they do not relate strictly to historical or current facts. All forward-looking statements are subject to assumptions, risks, and uncertainties, which may change over time and many of which are beyond our control. You should not rely on any forward-looking statement as a prediction or guarantee about the future. Our actual future objectives, strategies, plans, prospects, performance, condition, or results may differ materially from those set forth in any forward-looking statement. Some of the factors that may cause actual results or other future events, circumstances, or aspirations to differ from those in forward-looking statements are described in our Annual Report on Form 10-K for the year ended December 31, 2013, our subsequent Quarterly Reports on Form 10-Q or Current Reports on Form 8-K, or other applicable documents that are filed or furnished with the SEC. Any forward-looking statement made by us or on our behalf speaks only as of the date that it was made. We do not undertake to update any forward-looking statement to reflect the impact of events, circumstances, or results that arise after the date that the statement was made. You, however, should consult further disclosures (including disclosures of a forward-looking nature) that we may make in any subsequent Quarterly Report on Form 10-Q, Current Report on Form 8-K, or other applicable document that is filed or furnished with the SEC.

About UMB:

UMB Financial Corporation (Nasdaq: UMBF) is a diversified financial holding company headquartered in Kansas City, Mo., offering complete banking services, payment solutions, asset servicing and institutional investment management to customers. UMB operates banking and wealth management centers throughout Missouri, Illinois, Colorado, Kansas, Oklahoma, Nebraska, Arizona and Texas. Subsidiaries of the holding company include companies that offer services to mutual funds and alternative-investment entities and registered investment advisors that offer equity and fixed income strategies to institutions and individual investors. For more information, visit umb.com, umbfinancial.com, blog.umb.com or follow us on Twitter at @UMBBank, Facebook at facebook.com/UMBBank and LinkedIn at linkedin.com/company/umb-bank.

CONSOLIDATED BALANCE SHEETS	UMB Financial Corporation
(unaudited, dollars in thousands)

	June 30,
	2014			2013
Assets
Loans	$	6,920,683		$	6,338,921
Allowance for loan losses		(76,802	)		(71,647	)
Net loans		6,843,881			6,267,274
Loans held for sale		3,156			6,693
Investment securities:
Available for sale		6,700,623			6,944,358
Held to maturity		238,799			160,328
Trading securities		26,484			47,996
Federal Reserve Bank Stock and other		67,527			25,955
Total investment securities		7,033,433			7,178,637
Federal funds and resell agreements		82,652			66,973
Interest-bearing due from banks		255,453			607,470
Cash and due from banks		639,878			415,489
Bank premises and equipment, net		250,655			246,300
Accrued income		73,805			71,817
Goodwill		209,758			209,758
Other intangibles		49,888			61,994
Other assets		120,131			120,812
Total assets	$	15,562,690		$	15,253,217
Liabilities
Deposits:
Noninterest-bearing demand	$	5,399,733		$	4,887,643
Interest-bearing demand and savings		5,754,573			5,801,388
Time deposits under $100,000		442,361			509,412
Time deposits of $100,000 or more		577,622			531,307
Total deposits		12,174,289			11,729,750
Federal funds and repurchase agreements		1,607,294			2,157,979
Short-term debt		—			514
Long-term debt		5,745			4,063
Accrued expenses and taxes		131,996			117,916
Other liabilities		42,024			16,523
Total liabilities		13,961,348			14,026,745
Shareholders’ Equity
Common stock		55,057			55,057
Capital surplus		887,086			736,456
Retained earnings		922,268			834,445
Accumulated other comprehensive income (loss)		16,901			(22,227	)
Treasury stock		(279,970	)		(377,259	)
Total shareholders’ equity		1,601,342			1,226,472
Total liabilities and shareholders’ equity	$	15,562,690		$	15,253,217

Consolidated Statements of Income	UMB Financial Corporation
(unaudited, dollars in thousands except share and per share data)

	Three Months Ended				Six Months Ended
	June 30,				June 30,
	2014		2013		2014		2013
Interest Income
Loans	$	60,309	$	56,615	$	119,209	$	111,335
Securities:
Taxable interest		19,021		18,841		37,982		37,305
Tax-exempt interest		9,798		10,118		19,705		19,877
Total securities income		28,819		28,959		57,687		57,182
Federal funds and resell agreements		46		40		79		64
Interest-bearing due from banks		466		330		1,589		1,000
Trading securities		149		268		272		533
Total interest income		89,789		86,212		178,836		170,114
Interest Expense
Deposits		3,092		3,333		6,151		7,125
Federal funds and repurchase agreements		454		491		935		1,058
Other		73		61		135		121
Total interest expense		3,619		3,885		7,221		8,304
Net interest income		86,170		82,327		171,615		161,810
Provision for loan losses		5,000		5,000		9,500		7,000
Net interest income after provision for loan losses		81,170		77,327		162,115		154,810
Noninterest Income
Trust and securities processing		73,357		63,486		144,920		125,798
Trading and investment banking		6,409		5,423		10,732		12,532
Service charges on deposits		20,627		20,882		42,185		42,405
Insurance fees and commissions		732		1,236		1,335		2,198
Brokerage fees		3,075		2,886		4,890		5,832
Bankcard fees		17,185		16,032		32,808		32,470
Gains on sale of securities available for sale, net		2,569		1,519		4,039		7,412
Equity earnings on alternative investments		3,462		—		5,992		—
Other		6,585		2,121		10,064		5,954
Total noninterest income		134,001		113,585		256,965		234,601
Noninterest Expense
Salaries and employee benefits		89,532		83,566		178,413		167,268
Occupancy, net		9,705		9,273		19,410		19,160
Equipment		12,920		11,873		25,583		23,807
Supplies and services		5,554		5,362		10,191		9,849
Marketing and business development		6,307		5,705		10,909		9,977
Processing fees		14,817		14,293		28,468		28,383
Legal and consulting		4,632		4,844		8,004		8,445
Bankcard		4,997		4,709		8,685		9,257
Amortization of intangible assets		3,074		3,354		6,176		6,809
Regulatory fees		2,709		2,484		5,225		4,395
Contingency reserve		5,272		—		20,272		—
Other		6,992		4,848		17,416		13,339
Total noninterest expense		166,511		150,311		338,752		300,689
Income before income taxes		48,660		40,601		80,328		88,722
Income tax provision		13,988		10,672		22,243		23,852
Net income	$	34,672	$	29,929	$	58,085	$	64,870
Per Share Data
Net income—basic	$	0.77	$	0.75	$	1.30	$	1.62
Net income—diluted		0.76		0.74		1.28		1.61
Dividends		0.225		0.215		0.450		0.430
Weighted average shares outstanding		44,823,370		39,966,869		44,782,944		39,924,423

Statements of Consolidated Comprehensive Income (Loss)	UMB Financial Corporation
(unaudited, dollars in thousands, except per share data)

	Three Months Ended June 30,						Six Months Ended June 30,
	2014			2013			2014			2013
Net Income	$	34,672		$	29,929		$	58,085		$	64,870
Other comprehensive income (loss), net of tax:
Unrealized gains (losses) on securities:
Change in unrealized holding gains (losses), net		50,910			(136,367	)		83,369			(163,415	)
Less: Reclassifications adjustment for gains included in net income		(2,569	)		(1,519	)		(4,039	)		(7,412	)
Change in unrealized gains (losses) on securities during the period		48,341			(137,886	)		79,330			(170,827	)
Income tax (benefit) expense		(18,143	)		52,087			(29,789	)		63,012
Other comprehensive income (loss)		30,198			(85,799	)		49,541			(107,815	)
Comprehensive income (loss)	$	64,870		$	(55,870	)	$	107,626		$	(42,945	)

Consolidated Statements of
Shareholders’ Equity	UMB Financial Corporation
(unaudited, dollars in thousands, except per share data)

									Accumulated
									Other
	Common		Capital			Retained			Comprehensive			Treasury
	Stock		Surplus			Earnings			Income (Loss)			Stock			Total
Balance—January 1, 2013	$	55,057	$	732,069		$	787,015		$	85,588		$	(380,384	)	$	1,279,345
Total comprehensive income (loss)		—		—			64,870			(107,815	)		—			(42,945	)
Cash dividends ($0.43 per share)		—		—			(17,440	)		—			—			(17,440	)
Purchase of treasury stock		—		—			—			—			(1,750	)		(1,750	)
Issuance of equity awards		—		(2,466	)		—			—			2,916			450
Recognition of equity based compensation		—		4,096			—			—			—			4,096
Net tax benefit related to equity compensation plans		—		503			—			—			—			503
Sale of treasury stock		—		198			—			—			104			302
Exercise of stock options		—		2,056			—			—			1,855			3,911
Balance—June 30, 2013	$	55,057	$	736,456		$	834,445		$	(22,227	)	$	(377,259	)	$	1,226,472
Balance—January 1, 2014	$	55,057	$	882,407		$	884,630		$	(32,640	)	$	(283,389	)	$	1,506,065
Total comprehensive income		—		—			58,085			49,541			—			107,626
Cash dividends ($0.45 per share)		—		—			(20,447	)		—			—			(20,447	)
Purchase of treasury stock		—		—			—			—			(3,165	)		(3,165	)
Issuance of equity awards		—		(3,395	)		—			—			3,865			470
Recognition of equity based compensation		—		4,733			—			—			—			4,733
Net tax benefit related to equity compensation plans		—		1,202			—			—			—			1,202
Sale of treasury stock		—		300			—			—			159			459
Exercise of stock options		—		1,839			—			—			2,560			4,399
Balance—June 30, 2014	$	55,057	$	887,086		$	922,268		$	16,901		$	(279,970	)	$	1,601,342

Average Balances / Yields and Rates	UMB Financial Corporation
(tax—equivalent basis)
(unaudited, dollars in thousands)

	Three Months Ended June 30,
	2014						2013
	Average			Average			Average			Average
	Balance			Yield/Rate			Balance			Yield/Rate
Assets
Loans, net of unearned interest	$	6,897,840			3.51	%	$	6,158,821			3.69	%
Securities:
Taxable		4,836,080			1.58			4,978,109			1.52
Tax-exempt		2,104,368			2.88			2,113,009			2.97
Total securities		6,940,448			1.97			7,091,118			1.95
Federal funds and resell agreements		32,692			0.56			28,524			0.56
Interest-bearing due from banks		619,094			0.30			432,588			0.31
Trading securities		36,785			1.80			66,482			1.79
Total earning assets		14,526,859			2.63			13,777,533			2.67
Allowance for loan losses		(75,929	)					(70,004	)
Other assets		1,167,262						1,167,899
Total assets	$	15,618,192					$	14,875,428
Liabilities and Shareholders’ Equity
Interest-bearing deposits	$	7,126,614			0.17	%	$	6,943,399			0.19	%
Federal funds and repurchase agreements		1,592,986			0.11			1,848,118			0.11
Borrowed funds		5,771			5.07			4,592			5.33
Total interest-bearing liabilities		8,725,371			0.17			8,796,109			0.18
Noninterest-bearing demand deposits		5,152,980						4,636,240
Other liabilities		154,229						153,227
Shareholders’ equity		1,585,612						1,289,852
Total liabilities and shareholders’ equity	$	15,618,192					$	14,875,428
Net interest spread					2.46	%					2.49	%
Net interest margin					2.53						2.56

	Six Months Ended June 30,
	2014						2013
	Average			Average			Average			Average
	Balance			Yield/Rate			Balance			Yield/Rate
Assets
Loans, net of unearned interest	$	6,788,991			3.54	%	$	5,987,788			3.75	%
Securities:
Taxable		4,861,475			1.58			4,925,312			1.53
Tax-exempt		2,107,119			2.90			2,054,141			3.02
Total securities		6,968,594			1.98			6,979,453			1.97
Federal funds and resell agreements		29,939			0.53			23,858			0.54
Interest-bearing due from banks		1,154,811			0.28			701,282			0.29
Trading securities		37,682			1.63			62,048			1.92
Total earning assets		14,980,017			2.55			13,754,429			2.65
Allowance for loan losses		(75,466	)					(70,750	)
Other assets		1,160,124						1,145,799
Total assets	$	16,064,675					$	14,829,478
Liabilities and Shareholders’ Equity
Interest-bearing deposits	$	7,545,182			0.16	%	$	6,980,728			0.21	%
Federal funds and repurchase agreements		1,630,169			0.12			1,761,074			0.12
Borrowed funds		5,738			4.74			4,989			4.89
Total interest-bearing liabilities		9,181,089			0.16			8,746,791			0.19
Noninterest-bearing demand deposits		5,160,206						4,631,425
Other liabilities		156,608						165,117
Shareholders’ equity		1,566,772						1,286,145
Total liabilities and shareholders’ equity	$	16,064,675					$	14,829,478
Net interest spread					2.39	%					2.46	%
Net interest margin					2.45						2.53

SECOND QUARTER 2014
FINANCIAL HIGHLIGHTS	UMB Financial Corporation
(unaudited, dollars in thousands, except share and per share data)

Six Months Ended June 30	2014			2013
Net interest income	$	171,615		$	161,810
Provision for loan losses		9,500			7,000
Noninterest income		256,965			234,601
Noninterest expense		338,752			300,689
Income before income taxes		80,328			88,722
Net income		58,085			64,870
Net income per share—Basic		1.30			1.62
Net income per share—Diluted		1.28			1.61
Return on average assets		0.73	%		0.88	%
Return on average equity		7.48	%		10.17	%
Three Months Ended June 30
Net interest income	$	86,170		$	82,327
Provision for loan losses		5,000			5,000
Noninterest income		134,001			113,585
Noninterest expense		166,511			150,311
Income before income taxes		48,660			40,601
Net income		34,672			29,929
Net income per share—Basic		0.77			0.75
Net income per share—Diluted		0.76			0.74
Return on average assets		0.89	%		0.81	%
Return on average equity		8.77	%		9.31	%
At June 30
Assets	$	15,562,690		$	15,253,217
Loans, net of unearned interest		6,920,683			6,338,921
Securities		7,033,433			7,178,637
Deposits		12,174,289			11,729,750
Shareholders’ equity		1,601,342			1,226,472
Book value per share		35.21			30.20
Market price per share		63.39			55.67
Equity to assets		10.29	%		8.04	%
Allowance for loan losses	$	76,802		$	71,647
As a % of loans		1.11	%		1.13	%
Nonaccrual and restructured loans	$	27,175		$	25,489
As a % of loans		0.39	%		0.40	%
Loans over 90 days past due	$	4,522		$	4,013
As a % of loans		0.07	%		0.06	%
Other real estate owned	$	1,455		$	3,573
Net loan charge-offs quarter-to-date	$	3,713		$	3,234
As a % of average loans		0.22	%		0.21	%
Net loan charge-offs year-to-date	$	7,449		$	6,779
As a % of average loans		0.22	%		0.23	%
Common shares outstanding		45,475,197			40,610,316
Average Balances
Six Months Ended June 30
Assets	$	16,064,675		$	14,829,478
Loans, net of unearned interest		6,788,991			5,987,788
Securities		7,006,276			7,041,501
Deposits		12,705,388			11,612,153
Shareholders’ equity		1,566,772			1,286,145

Business Segment Information	UMB Financial Corporation
(unaudited, dollars in thousands)

	Three Months Ended June 30, 2014
	Bank		Payment Solutions		Institutional Investment Management			Asset Servicing		Total
Net interest income	$	72,481	$	12,390	$	(1	)	$	1,300	$	86,170
Provision for loan losses		2,686		2,314		—			—		5,000
Noninterest income		56,006		21,219		33,999			22,777		134,001
Noninterest expense		100,928		24,603		22,111			18,869		166,511
Income before taxes		24,873		6,692		11,887			5,208		48,660
Income tax expense		7,211		1,910		3,375			1,492		13,988
Net income	$	17,662	$	4,782	$	8,512		$	3,716	$	34,672
Average assets	$	12,008,000	$	2,148,000	$	69,000		$	1,393,000	$	15,618,000

	Three Months Ended June 30, 2013
	Bank		Payment Solutions		Institutional Investment Management			Asset Servicing		Total
Net interest income	$	70,558	$	11,192	$	(10	)	$	587	$	82,327
Provision for loan losses		1,628		3,372		—			—		5,000
Noninterest income		46,436		18,640		29,155			19,354		113,585
Noninterest expense		92,540		21,850		18,856			17,065		150,311
Income before taxes		22,826		4,610		10,289			2,876		40,601
Income tax expense		6,035		1,203		2,708			726		10,672
Net income	$	16,791	$	3,407	$	7,581		$	2,150	$	29,929
Average assets	$	11,201,000	$	1,793,000	$	80,000		$	1,801,000	$	14,875,000

	Six Months Ended June 30, 2014
	Bank		Payment Solutions		Institutional Investment Management			Asset Servicing		Total
Net interest income	$	143,602	$	24,778	$	(3	)	$	3,238	$	171,615
Provision for loan losses		5,112		4,388		—			—		9,500
Noninterest income		103,425		41,453		68,094			43,993		256,965
Noninterest expense		208,671		45,631		47,998			36,452		338,752
Income before taxes		33,244		16,212		20,093			10,779		80,328
Income tax expense		9,242		4,485		5,523			2,993		22,243
Net income	$	24,002	$	11,727	$	14,570		$	7,786	$	58,085
Average assets	$	12,204,000	$	2,023,000	$	71,000		$	1,767,000	$	16,065,000

	Six Months Ended June 30, 2013
	Bank		Payment Solutions		Institutional Investment Management			Asset Servicing		Total
Net interest income	$	137,818	$	22,740	$	(10	)	$	1,262	$	161,810
Provision for loan losses		1,937		5,063		—			—		7,000
Noninterest income		99,184		38,077		57,708			39,632		234,601
Noninterest expense		184,076		41,968		37,700			36,945		300,689
Income before taxes		50,989		13,786		19,998			3,949		88,722
Income tax expense		13,740		3,737		5,376			999		23,852
Net income	$	37,249	$	10,049	$	14,622		$	2,950	$	64,870
Average assets	$	11,294,000	$	1,726,000	$	78,000		$	1,731,000	$	14,829,000

EX-99.2

Quality endures.

Second Quarter 2014

UMB Financial

Exhibit 99.2

Cautionary Notice about Forward-Looking Statements

2

This

presentation

contains,

and

our

other

communications

may

contain,

forward-looking

statements

within

the

meaning

of

the

Private

Securities

Litigation

Reform

Act

of

1995.

These

statements

can

be

identified

by

the

fact

that

they

do

not

relate

strictly

to

historical

or

current

facts.

All

forward-looking

statements

are

subject

to

assumptions,

risks,

and

uncertainties,

which

may

change

over

time

and

many

of

which

are

beyond

our

control.

You

should

not

rely

on

any

forward-looking

statement

as

a

prediction

or

guarantee

about

the

future.

Our

actual

future

objectives,

strategies,

plans,

prospects,

performance,

condition,

or

results

may

differ

materially

from

those

set

forth

in

any

forward-looking

statement.

Some

of

the

factors

that

may

cause

actual

results

or

other

future

events,

circumstances,

or

aspirations

to

differ

from

those

in

forward-looking

statements

are

described

in

our

Annual

Report

on

Form

10-K

for

the

year

ended

December

31,

2013,

our

subsequent

Quarterly

Reports

on

Form

10-Q

or

Current

Reports

on

Form

8-K,

or

other

applicable

documents

that

are

filed

or

furnished

with

the

Securities

and

Exchange

Commission

(SEC).

Any

forward-looking

statement

made

by

us

or

on

our

behalf

speaks

only

as

of

the

date

that

it

was

made.

We

do

not

undertake

to

update

any

forward-

looking

statement

to

reflect

the

impact

of

events,

circumstances,

or

results

that

arise

after

the

date

that

the

statement

was

made.

You,

however,

should

consult

further

disclosures

(including

disclosures

of

a

forward-looking

nature)

that

we

may

make

in

any

subsequent

Quarterly

Report

on

Form

10-Q,

Current

Report

on

Form

8-K,

or

other

applicable

document

that

is

filed

or

furnished

with

the

SEC.

Earnings Summary

$ in thousands, except per-share data; unaudited

3

2Q14

1Q14

2Q13

vs. 1Q14

vs. 2Q13

Net Interest Income

86,170

$     

85,445

$     

82,327

$     

0.8

4.7

Noninterest Income

134,001

122,964

113,585

9.0

18.0

Total Revenue

220,171

208,409

195,912

5.6

12.4

Noninterest Expense

166,511

172,241

150,311

(3.3)

10.8

Operating Income

53,660

36,168

45,601

48.4

17.7

Provision for loan losses

5,000

4,500

5,000

11.1

-

Income before Taxes

48,660

31,668

40,601

53.7

19.8

Income Tax Expense

13,988

8,255

10,672

69.4

31.1

Net Income

34,672

$     

23,413

$     

29,929

$     

48.1

15.8

Diluted EPS

0.76

$        

0.52

$        

0.74

$        

46.2

2.7

Dividends per share

0.225

0.225

0.215

-

4.7

WASO

44,823,370

44,742,068

39,966,869

0.2

12.2

% variance

Net Interest Income

4

+4.7%

Net Interest Income 2Q’14 vs. 2Q’13

•

Increased loan balances

54.7%

15.4%

12.8%

4.9%

4.8%

2.6%

2.3%

1.9%

0.6%

Bankcard Fees

Noninterest Income Highlights

5 Year

CAGR

20.7%

Trust & Securities Processing Revenue

Trust & Securities Processing Composition:

Equity Earnings/Alternatives

Trading & Investment Banking

Other

Deposit Service Charges

Trust & Securities Processing

Brokerage Fees

Gains on Sale of Securities

$73.4 million in 2Q14

Primary components:

•$33.8M –

Institutional Investment Management

•$22.4M –

Asset Servicing

•$17.2M –

Bank (Institutional & Personal Investment Mgmt)

Insurance Fees

5

NI

Expense

5yr

CAGR

7.0%

0%

20%

40%

60%

80%

100%

$40

$60

$80

$100

$120

$140

$160

$180

Salary/Benefit Expense

Noninterest Income

Total Noninterest Expense

Coverage Ratio*

Noninterest Expense

Noninterest expense increased 10.8% to $166.5 million vs. 2Q’13

•

Salary and benefit expense increased $6.0 million or 7.1% compared to 2Q’13

•

Added $5.3 million in expense for a contingency reserve related to Prairie Capital Management in 2Q’14

•

Expense for contingent consideration liabilities on acquisitions

was $805 thousand in 2Q’14 compared to

just $12 thousand a year ago

Salary

5yr

CAGR

8.5%

NI

Income

5yr

CAGR

11.6%

Managed FTE Costs; Growing Noninterest Income

6

* Noninterest Income/Noninterest Expense

Demonstrating Operating

Leverage

Select Balance Sheet Items

7

$ in thousands, average balances; unaudited

vs. 1Q14

vs. 2Q13

Avg. Balance

Avg. Balance

Avg. Balance

Assets

Loans, net of unearned interest

6,897,840

$  

3.51

6,678,932

$  

3.58

6,158,821

$  

3.69

3.3

12.0

Total securities

6,940,448

1.97

6,997,052

1.98

7,091,118

1.95

(0.8)

(2.1)

Total earning assets

14,526,859

2.63

15,438,211

2.48

13,777,533

2.67

(5.9)

5.4

Allowance for loan losses

(75,929)

(74,997)

(70,004)

1.2

8.5

Total assets

15,618,192

$

16,504,251

$

14,875,428

$

(5.4)

5.0

Liabilities and Shareholders' Equity

Interest-bearing deposits

7,126,614

$  

0.17

7,968,400

$  

0.16

6,943,399

$  

0.19

(10.6)

2.6

Total interest-bearing liabilities

8,725,371

0.17

9,641,869

0.15

8,796,109

0.18

(9.5)

(0.8)

Noninterest-bearing demand deposits

5,152,980

5,167,513

4,636,240

(0.3)

11.1

Shareholders' Equity

1,585,612

1,547,722

1,289,852

2.4

22.9

Total liabilities and shareholders' equity

15,618,192

$

16,504,251

$

14,875,428

$

(5.4)

5.0

Net interest spread

2.46

2.33

2.49

Net interest margin

2.53

2.39

2.56

% variance

2Q14

1Q14

2Q13

Avg Yield

/ Rate %

Avg Yield

/ Rate %

Avg Yield

/ Rate %

Consistent Loan Growth

5 Year

CAGR

9.2%

8

Average Net Loans & Loan Yields

47.5%

29.0%

14.5%

2.0%

7.0%

Average Balance, AFS:

$6.7 billion

Average Yield:

1.90%

Investment Mix

Securities Available for Sale,

At June 30, 2014

Agencies

High Quality Investment Portfolio

9

Securities Gains

$ in thousands

2Q13

1,519

$          

3Q13

1,140

$          

4Q13

(10)

$              

1Q14

1,470

$          

2Q14

2,569

$          

Duration/Life

(in months)

at 06/30/14

at 03/31/14

Avg. Life Total

46.93

46.66

Duration Total

42.55

43.03

Roll off

Purchased

($ millions)

Yield

($ millions)

Yield

3Q13

$265

1.85%

$77

1.02%

4Q13

$308

2.04%

$355

0.64%

1Q14

$528

1.53%

$618

1.26%

2Q14

$275

2.23%

$560

1.35%

Scheduled Cash Flow

3Q14

$226

1.91%

Next 12 months

$1,042

2.01%

CDs & Corporates

Municipals

Mortgage-Backed Securities

Treasuries

AFS Portfolio Statistics

73.50%

70.77%

73.64%

79.67%

73.32%

2.56%

2.61%

2.51%

2.39%

2.53%

2Q'13

3Q'13

4Q'13

1Q'14

2Q'14

Efficiency Ratio

Net Interest Margin

9.31%

10.84%

9.08%

6.13%

8.77%

0.81%

0.92%

0.89%

0.58%

0.89%

2Q'13

3Q'13

4Q'13

1Q'14

2Q'14

Return on Avg Equity

Return on Avg Assets

Key Metrics

Credit Quality

$ in thousands

Performance Metrics

$3,234

$3,209

$4,187

$3,737

$3,713

0.21%

0.20%

0.26%

0.23%

0.22%

2Q'13

3Q'13

4Q'13

1Q'14

2Q'14

Net Charge-offs

NCOs/Avg Loans

Net Charge-Offs

$25,489

$31,260

$30,706

$30,153

$27,175

0.40%

0.48%

0.47%

0.45%

0.39%

2Q'13

3Q'13

4Q'13

1Q'14

2Q'14

Nonperforming Loans

NPLs/Loans

Nonperforming Loans

ROAE/ROAA

Efficiency Ratio/NIM

10

Business Segment Updates

Net loans grew for the 17

th

consecutive

quarter, increasing by 9.2% to $6.8 billion

UMB presence in Texas has expanded into

Fort Worth with a new office and a team of

commercial lenders

Private banking loan demand strong, with

loan balances increasing 27.3% to $359.8

million vs. a year ago

Bank 

2

nd

Quarter 2014 Highlights

$8.3

$9.5

$

10.3

$

11.6

$12.3

33.5%

33.7%

40.0%

40.0%

42.0%

2Q'10

2Q'11

2Q'12

2Q'13

2Q'14

Interest Bearing

Non-Interest Bearing

Average Net Loans

$ in billions

Average Deposits

$ in billions

5 yr

CAGR

10.1%

$4.4

$4.7

$5.2

$6.2

$6.9

2Q'10

2Q'11

2Q'12

2Q'13

2Q'14

5 yr

CAGR

9.2%

12

Bank

Operating

Results

$

in

000s,

unaudited

3 mos Ended

March 31,

Y/Y

LQ

2014

2013

2014

Net interest income

72,481

$  

70,558

$  

71,121

$     

2.7%

1.9%

Provision for loan losses

2,686

1,628

2,426

65.0%

10.7%

Noninterest income

56,006

46,436

47,420

20.6%

18.1%

Noninterest expense

100,928

92,540

107,753

9.1%

-6.3%

NI before taxes

24,873

22,826

8,362

9.0%

197.5%

Income tax expense

7,211

6,035

1,942

19.5%

271.3%

Net income

17,662

$  

16,791

$  

6,420

$       

5.2%

175.1%

pre-tax profit margin

19.4%

19.5%

7.1%

3 mos Ended

% Change

June 30,

Bank -

Lending

13

Diverse Loan Book

(Actual Loan Balances at June 30)

45.4%

54.8%

28.3%

25.0%

10.6%

$5.3B

$6.9B

8.7%

8.7%

$6.3B

6.1%

4.3%

4.3%

2.7%

$4.7B

1.1%

2Q'11

2Q'12

2Q'13

2Q'14

Commercial & Industrial*

Commercial Real Estate

Home Equity

Credit Card

Consumer Real Estate

Consumer -

Other

*includes C&I and real estate construction and leases

Bank -

Deposits

Diverse Sources of Deposits

(Average Deposits for Three Months Ended June 30)

14

29.3%

34.4%

35.6%

26.0%

11.8%

9.9%

6.0%

7.0%

7.2%

6.8%

2.8%

6.2%

4.2%

3.1%

5.1%

4.6%

$9.5

$10.3

$11.6

$12.3

2Q'11

2Q'12

2Q'13

2Q'14

Commercial/Treasury Mgmt

Consumer Banking

Asset Servicing

Private Wealth Mgmt

Institutional Asset Mgmt

Healthcare Svcs

Small Business Banking

Inst. Banking & Investor Services

Bank –

Commercial Banking

High Growth Regions

2Q’14 vs. 2Q’13

Commercial Loans By Region

Loan Balances

$

in

billions,

Average

C&I

and

CRE

Loan

Balances

for

Three

Months

Ended

June

30

5 yr

CAGR

10.6%

15

47.7%

46.0%

43.9%

43.3%

42.1%

0%

50%

100%

2Q'10

2Q'11

2Q'12

2Q'13

2Q'14

KC

CO

STL

Greater MO

KS

OK

AZ

NE

TX

Bank –

Private Wealth Mgmt. & Consumer Banking

16

Assets Under Management

$ in billions

$921

$1,004

$1,123

$1,194

$1,296

$452

$486

$549

$550

$584

49.1%

48.4%

48.8%

46.1%

45.1%

2Q '10

2Q '11

2Q '12

2Q '13

2Q '14

Commitments

Balances

Utilization

Home Equity Lines of Credit

$ in billions

$7.4B

$7.6B

$8.8B

$10.2B

$10.9B

$11.3B

$26.3

$29.3

$31.2

$32.2

$32.4

2Q'13

3Q'13

4Q'13

1Q'14

2Q'14

Institutional Investment Management

17

Total Scout Assets Under Management

$ in billions

2

nd

Quarter

2014

Highlights

AUM increased 23.1% to $32.4 billion

compared to 2Q’13

Launched the Unconstrained Bond

strategy UCITS during the quarter.

Assets in this vehicle grew to $82

million within the first three months.

Institutional

Investment

Management

Operating

Results

$

in

000s,

unaudited

3 mos Ended

March 31,

Y/Y

LQ

2014

2013

2014

Net Interest income

(1)

$         

(10)

$       

(2)

$            

90.0%

50.0%

Noninterest income

33,999

29,155

34,095

16.6%

-0.3%

Noninterest expense

22,111

18,856

25,894

17.3%

-14.6%

NI before taxes

11,887

10,289

8,199

15.5%

45.0%

Income tax expense

3,375

2,708

2,184

24.6%

54.5%

Net income

8,512

$    

7,581

$   

6,015

$       

12.3%

41.5%

pre-tax profit margin

35.0%

35.3%

24.0%

June 30,

% Change

3 mos Ended

AUM Drivers

$ in millions

$230.7

$996.1

Total Change

($millions)

$32,394.3

$32,163.5

Total AUM

($millions)

$567.3

$26,314.1

Institutional Investment Management

18

$2,994.8

$29,308.9

$1,858.5

$31,167.4

Total AUM

$32.4B

$19.7B

$23.5B

Institutional Investment Management

19

$31.2B

$32.2B

34.4%

25.5%

19.3%

11.4%

5.1%

4.4%

AUM by Strategy –

As of 2Q’14

Equity Strategies

International

Mid Cap

International ADR

Emerging Markets

Global

Small Cap

Other:

20

Fixed Income Strategies

Core Plus

Low Duration

Long Duration

Core

Intermediate

Unconstrained

Global Aggregate

Real Return

Equity

Fixed Income

55%

45%

63.3%

31.6%

3.1%

1.8%

0.2%

Other:

Payment Solutions

Total

Card

Purchase

Volume

&

Interchange

Revenue

2

nd

Quarter 2014 Highlights

21

Durbin

effective

Credit and debit card purchase volume

increased 27% to $2.2 billion vs. 2Q’13

HSA deposits and assets grew by

38.2% to $823.7 million vs. 2Q’13

1.4 million HSA/FSA accounts were

added in the last 12 months; now stand

at 4.6 million accounts

Payment

Solutions

Operating

Results

$

in

000s,

unaudited

3 mos Ended

March 31,

Y/Y

LQ

2014

2013

2014

Net interest income

12,390

$  

11,192

$  

12,388

$    

10.7%

0.02%

Provision for loan losses

2,314

3,372

2,074

-31.4%

11.6%

Noninterest income

21,219

18,640

20,235

13.8%

4.9%

Noninterest expense

24,603

21,850

21,015

12.6%

17.1%

NI before taxes

6,692

4,610

9,534

45.2%

-29.8%

Income tax expense

1,910

1,203

2,609

58.8%

-26.8%

Net income

4,782

$    

3,407

$    

6,925

$      

40.4%

-30.9%

pre-tax profit margin

19.9%

15.5%

29.2%

% Change

June 30,

3 mos Ended

Payment Solutions

22

Healthcare Purchase Volume Trends

$millions

*

Interchange

revenue

from

Healthcare

cards

divided

by

purchase

volume

on

Healthcare

cards

Asset Servicing

2

nd

Quarter 2014 Highlights

23

Assets Under Administration

$billions

AUA increased 23.7% over the past 12

months to $207.9 billion

80 new alternative servicing clients were

added during the 2

nd

quarter, increasing

assets in that business by 15.5%

UMB Fund Services was again

recognized as a “Best Place to Work”

in

Milwaukee

Asset

Servicing

Operating

Results

$

in

000s,

unaudited

3 mos Ended

March 31,

Y/Y

LQ

2014

2013

2014

Net interest income

1,300

$    

587

$       

1,938

$      

121.5%

-32.9%

Noninterest income

22,777

19,354

21,214

17.7%

7.4%

Noninterest expense

18,869

17,065

17,579

10.6%

7.3%

NI before taxes

5,208

2,876

5,573

81.1%

-6.5%

Income tax expense

1,492

726

1,520

105.5%

-1.8%

Net income

3,716

$    

2,150

$    

4,053

$      

72.8%

-8.3%

pre-tax profit margin

21.6%

14.4%

24.1%

% Change

June 30,

3 mos Ended

Asset Servicing

24

Building a company

for the next 100 years.

UMB Financial

Second Quarter 2014