Umb financial corp chairman and ceo Kemper sells $380k in stock

KANSAS CITY, MO – On February 21, 2025, Mariner Kemper (NYSE:KMPR), Chairman and CEO of UMB Financial Corp (NASDAQ:UMBF), executed a significant stock transaction. Kemper sold a total of 3,500 shares of the company’s common stock, amounting to approximately $380,129. The shares were sold at prices ranging from $108.55 to $108.89 per share.

Following the transaction, Kemper holds 334,347.2177 shares directly. This move comes as part of routine portfolio management by the executive. The transactions involved multiple sales, with prices varying slightly within the specified range. According to InvestingPro, UMB Financial has maintained dividend payments for 55 consecutive years and currently trades at an attractive P/E ratio of 11.9x.

UMB Financial Corp, a prominent player in the national commercial banking sector, continues to be overseen by Kemper, who maintains a significant stake in the company. With seven analysts recently revising earnings estimates upward and a comprehensive analysis available in the InvestingPro Research Report, investors can access detailed insights about the company’s future prospects.

In other recent news, UMB Financial Corporation reported strong financial results for the fourth quarter of 2024, exceeding analyst expectations. The company posted earnings per share of $2.49, surpassing the forecasted $2.26, and revenue reached $434.18 million, above the anticipated $411.97 million. This positive performance was supported by an 8.7% increase in net interest income and strong loan and deposit growth. Additionally, UMB Financial is set to finalize its acquisition of Heartland Financial (NASDAQ:HTLF) on January 31, 2025, which has prompted concerns about integration challenges and potential risks. Citi analysts downgraded UMB Financial’s stock from Buy to Neutral, citing these concerns and lowering the target price to $127 from $130. Despite the downgrade, UMB Financial remains optimistic about the benefits of the Heartland acquisition, projecting full integration benefits by 2026. The company continues to focus on market expansion and strategic initiatives to maintain its growth trajectory.

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