|Bid||34.74 x 1100|
|Ask||138.92 x 800|
|Day's range||84.96 - 87.31|
|52-week range||81.57 - 112.24|
|Beta (5Y monthly)||0.94|
|PE ratio (TTM)||11.62|
|Earnings date||25 July 2022 - 29 July 2022|
|Forward dividend & yield||1.48 (1.70%)|
|Ex-dividend date||09 June 2022|
|1y target est||108.60|
UMB Financial's (UMBF) rising loan balances are likely to get a boost from the improving economy. Yet, rising operating expenses keep the bottom line under pressure.
UMB Financial's (UMBF) acquisition of Old National HSA business adds significantly to the former's direct-to-employer business.
KANSAS CITY, Mo., June 27, 2022--UMB Bank, n.a., a subsidiary of UMB Financial Corporation (Nasdaq: UMBF), is pleased to announce the execution of a definitive agreement to acquire the health savings account (HSA) business of Old National Bank, a wholly owned subsidiary of Old National Bancorp (Nasdaq: ONB).The transaction contemplates the transfer of approximately $500 million in client assets of which approximately $400 million are held in deposit accounts (based on numbers as of March 31, 202