UMB Financial Management

Management criteria checks 3/4

UMB Financial's CEO is J. Kemper, appointed in May 2004, has a tenure of 20.08 years. total yearly compensation is $4.79M, comprised of 21.7% salary and 78.3% bonuses, including company stock and options. directly owns 4.94% of the company’s shares, worth €182.94M. The average tenure of the management team and the board of directors is 4.7 years and 9.4 years respectively.

Key information

J. Kemper

Chief executive officer

US$4.8m

Total compensation

CEO salary percentage	21.7%
CEO tenure	20.1yrs
CEO ownership	4.9%
Management average tenure	4.7yrs
Board average tenure	9.4yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has J. Kemper's remuneration changed compared to UMB Financial's earnings?
Date	Total Compensation	Salary	Company Earnings
Mar 31 2024	n/a	n/a	US$368m
Dec 31 2023	US$5m	US$1m	US$350m
Sep 30 2023	n/a	n/a	US$379m
Jun 30 2023	n/a	n/a	US$371m
Mar 31 2023	n/a	n/a	US$418m
Dec 31 2022	US$5m	US$988k	US$432m
Sep 30 2022	n/a	n/a	US$410m
Jun 30 2022	n/a	n/a	US$416m
Mar 31 2022	n/a	n/a	US$366m
Dec 31 2021	US$5m	US$940k	US$353m
Sep 30 2021	n/a	n/a	US$431m
Jun 30 2021	n/a	n/a	US$409m
Mar 31 2021	n/a	n/a	US$383m
Dec 31 2020	US$5m	US$940k	US$287m
Sep 30 2020	n/a	n/a	US$197m
Jun 30 2020	n/a	n/a	US$186m
Mar 31 2020	n/a	n/a	US$182m
Dec 31 2019	US$4m	US$905k	US$244m
Sep 30 2019	n/a	n/a	US$203m
Jun 30 2019	n/a	n/a	US$198m
Mar 31 2019	n/a	n/a	US$196m
Dec 31 2018	US$4m	US$905k	US$196m
Sep 30 2018	n/a	n/a	US$218m
Jun 30 2018	n/a	n/a	US$209m
Mar 31 2018	n/a	n/a	US$199m
Dec 31 2017	US$5m	US$894k	US$183m

Compensation vs Market: J.'s total compensation ($USD4.79M) is above average for companies of similar size in the German market ($USD2.29M).

Compensation vs Earnings: J.'s compensation has been consistent with company performance over the past year.

CEO

J. Kemper (51 yo)

20.1yrs

Tenure

US$4,787,774

Compensation

Mr. J. Mariner Kemper has been the Chairman and Chief Executive Officer of UMB Financial Corporation since May 12, 2004 and had been its President since November 2, 2015 until January 29, 2024. Mr. Graves...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
J. Kemper	Chairman & CEO	20.1yrs	US$4.79m	4.94% $ 182.9m
James Rine	President & Vice Chairman	less than a year	US$2.51m	0.087% $ 3.2m
Ram Shankar	Executive VP & CFO	7.8yrs	US$945.52k	0.037% $ 1.4m
Shannon Johnson	Executive VP & Chief Administrative Officer	4.7yrs	US$999.05k	0.035% $ 1.3m
Thomas Terry	Executive VP & Chief Credit Officer	4.7yrs	US$888.90k	0.080% $ 2.9m
David Odgers	Senior VP	10.4yrs	no data	0.010% $ 378.6k
Kay Gregory	Director of Investor Relations & Senior VP	no data	no data	no data
Amy Harris	Executive VP & Chief Legal Officer	3.4yrs	no data	0.0076% $ 282.3k
Liz Lewis	President of Consumer Banking & Chief Marketing Officer	no data	no data	no data
Robert Beaird	Chief HR Officer & Executive VP	4.7yrs	no data	0.016% $ 609.0k
James Sangster	Executive Vice President	no data	no data	no data
Brian Kaufman	Managing Director of Prairie Capital Management	no data	no data	no data

4.7yrs

Average Tenure

51yo

Average Age

Experienced Management: UMB's management team is considered experienced (4.7 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
J. Kemper	Chairman & CEO	20.1yrs	US$4.79m	4.94% $ 182.9m
L. Sosland	Independent Director	26.4yrs	US$135.46k	0.028% $ 1.0m
Kris Robbins	Independent Director	24.4yrs	US$149.96k	0.023% $ 844.9k
Kevin Gallagher	Independent Director	16.7yrs	US$140.96k	0.043% $ 1.6m
Robin Beery	Independent Director	9.4yrs	US$146.96k	0.014% $ 507.5k
Gregory Graves	Independent Lead Director	21.4yrs	US$162.95k	0.072% $ 2.7m
Leroy Williams	Independent Director	8.4yrs	US$137.96k	0.013% $ 464.9k
Timothy Murphy	Independent Director	7.9yrs	US$140.96k	0.053% $ 2.0m
Gordon Lansford	Independent Director	7.2yrs	US$152.96k	0.014% $ 536.0k
Tamara Peterman	Independent Director	5.2yrs	US$135.46k	0.014% $ 527.9k
Janine Davidson	Independent Director	4.2yrs	US$135.46k	0.0069% $ 255.6k

9.4yrs

Average Tenure

59yo

Average Age

Experienced Board: UMB's board of directors are considered experienced (9.4 years average tenure).

UMB Financial Management

Management criteria checks 3/4

Key information

Recent management updates

Chairman & CEO recently sold €588k worth of stock

UMB Financial Corporation Has Announces the Promotion of Liz Lewis as President of Consumer Banking

Chairman & CEO recently sold €532k worth of stock

Chairman & CEO recently sold €1.8m worth of stock

UMB Financial Corporation, Annual General Meeting, Apr 30, 2024

UMB Financial Corporation Promotes James D. Rine to President

Recent updates

Chairman & CEO recently sold €588k worth of stock

First quarter dividend of US$0.39 announced

New minor risk - Shareholder dilution

UMB Financial Corporation has completed a Follow-on Equity Offering in the amount of $210 million.

UMB Financial Reportedly in Talks to Acquire Heartland Financial USA

UMB Financial Corporation to Report Q1, 2024 Results on Apr 30, 2024

UMB Financial Corporation Has Announces the Promotion of Liz Lewis as President of Consumer Banking

Chairman & CEO recently sold €532k worth of stock

Chairman & CEO recently sold €1.8m worth of stock

UMB Financial Corporation, Annual General Meeting, Apr 30, 2024

Upcoming dividend of US$0.39 per share

Full year 2023 earnings released: EPS: US$7.22 (vs US$8.93 in FY 2022)

UMB Financial Corporation Promotes James D. Rine to President

Fourth quarter dividend of US$0.39 announced

Full year 2023 earnings released: EPS: US$7.22 (vs US$8.93 in FY 2022)

UMB Financial Corporation Declares Quarterly Cash Dividend, Payable on April 1, 2024

UMB Financial Corporation to Report Q4, 2023 Results on Jan 30, 2024

Chairman recently sold €562k worth of stock

Upcoming dividend of US$0.39 per share at 2.2% yield

UMB Financial Corporation Declares Quarterly Dividend, Payable on January 2, 2024

Third quarter 2023 earnings released: EPS: US$1.99 (vs US$1.82 in 3Q 2022)

UMB Financial Corporation to Report Q3, 2023 Results on Oct 24, 2023

Upcoming dividend of US$0.38 per share at 2.4% yield

Chairman recently sold €590k worth of stock

Director Alexander C. Kemper Resigns from the Board of Directors' UMB Financial Corporation

UMB Financial Corporation Declares a Quarterly Dividend, Payable on October 2, 2023

Second quarter 2023 earnings released: EPS: US$1.86 (vs US$2.85 in 2Q 2022)

UMB Financial Corporation Announces Appointment of Phil Mason as President

UMB Financial Corporation to Report Q2, 2023 Results on Jul 25, 2023

Investor sentiment improves as stock rises 15%

Upcoming dividend of US$0.38 per share at 2.6% yield

UMB Financial Corporation (NasdaqGS:UMBF) agreed to acquire Hybarger & Associates.

Independent Director recently bought €95k worth of stock

First quarter 2023 earnings released: EPS: US$1.91 (vs US$2.19 in 1Q 2022)

Independent Director recently bought €203k worth of stock

Investor sentiment deteriorates as stock falls 15%

Upcoming dividend of US$0.38 per share at 1.7% yield

Full year 2022 earnings released: EPS: US$8.93 (vs US$7.31 in FY 2021)

Chairman recently sold €577k worth of stock

UMB Financial Corporation Declares Quarterly Dividend, Payable on April 3, 2023

Full year 2022 earnings released: EPS: US$8.93 (vs US$7.31 in FY 2021)

UMB Financial Corporation to Report Q4, 2022 Results on Jan 24, 2023

Chairman recently sold €188k worth of stock

Upcoming dividend of US$0.38 per share

Insider recently sold €75k worth of stock

Insufficient new directors

Chairman recently sold €415k worth of stock

Independent Director recently bought €119k worth of stock

Independent Director recently sold €119k worth of stock

Third quarter 2022 earnings released: EPS: US$1.82 (vs US$1.96 in 3Q 2021)

UMB Financial Corporation Reports Net Charge-Offs for the Third Quarter Ended September 30, 2022

UMB Financial Corporation Increases Quarterly Cash Dividend, Payable on January 3, 2023

UMB Financial Corporation to Report Q3, 2022 Results on Oct 25, 2022

Upcoming dividend of US$0.37 per share

Insider recently sold €325k worth of stock

Second quarter 2022 earnings released: EPS: US$2.85 (vs US$1.81 in 2Q 2021)

UMB Financial Corporation Announces Net Charge-Offs for the Second Quarter Ended June 30, 2022

UMB Financial Corporation to Report Q2, 2022 Results on Jul 26, 2022

Upcoming dividend of US$0.37 per share

Insufficient new directors

Insufficient new directors

First quarter 2022 earnings released: EPS: US$2.19 (vs US$1.93 in 1Q 2021)

UMB Financial Corporation Declares Quarterly Cash Dividend, Payable on July 1, 2022

UMB Financial Corporation to Report Q1, 2022 Results on Apr 26, 2022

Chairman recently sold €751k worth of stock

Upcoming dividend of US$0.37 per share

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Independent Director recently bought €88k worth of stock

Full year 2021 earnings: Revenues and EPS in line with analyst expectations