UMB Financial Corporation Board Announces $0.235 Quarterly Cash Dividend and Common Stock Repurchase Authorization

KANSAS CITY, Mo.--(BUSINESS WIRE)-- The Board of Directors of UMB Financial Corporation (Nasdaq: UMBF), a financial holding company, declared during a meeting on April 28, 2015, a $0.235 per share quarterly cash dividend, payable on July 1, 2015, to the company’s shareholders of record at the close of business on June 10, 2015.

The Board of Directors also authorized the repurchase of up to 2,000,000 shares of the company’s common stock from time to time until the meeting of the Board that immediately follows the 2016 annual meeting of the company’s shareholders. Shares purchased under the program will be used for general corporate purposes and may be available for re-issuance, including in connection with the company's stock plans and dividend reinvestment plan. The company may repurchase the shares from time to time in open market or privately negotiated transactions, at the discretion of the company’s management, and on terms (including quantity, timing, and price) that the company’s management determines to be necessary, appropriate, or advisable.

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.

UMB Financial Corporation
Media Contact:
Kelli Christman, 816-860-5088
or
Investor Relations Contact:
Abby Wendel, 816-860-1685

Source: UMB Financial Corporation

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