UMBF

HEARTLAND FINANCIAL INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Heartland Financial, USA Inc. - HTLF

Retrieved on: 
Wednesday, May 1, 2024
Class Action Lawsuit, Professional Services, Legal, Sale, UMBF, KSF, UMB, UMB Financial Corporation

and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Heartland Financial, USA Inc. (NasdaqGS: HTLF) to UMB Financial Corporation (NasdaqGS: UMBF).

Key Points: 
  • and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Heartland Financial, USA Inc. (NasdaqGS: HTLF) to UMB Financial Corporation (NasdaqGS: UMBF).
  • Under the terms of the proposed transaction, shareholders of Heartland will receive 0.55 shares of UMB for each share of Heartland that they own.
  • KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.
  • To learn more about KSF, whose partners include the Former Louisiana Attorney General, visit www.ksfcounsel.com .

UMBF Stock Alert: Halper Sadeh LLC Is Investigating Whether the Merger of UMB Financial Corporation Is Fair to Shareholders

Retrieved on: 
Monday, April 29, 2024
Class Action Lawsuit, Professional Services, Legal, Advertising, UMBF, UMB, UMB Financial Corporation, Fraud

Halper Sadeh LLC, an investor rights law firm, is investigating whether the merger of UMB Financial Corporation (NASDAQ: UMBF) and Heartland Financial, USA Inc. is fair to UMB shareholders.

Key Points: 
  • Halper Sadeh LLC, an investor rights law firm, is investigating whether the merger of UMB Financial Corporation (NASDAQ: UMBF) and Heartland Financial, USA Inc. is fair to UMB shareholders.
  • The investigation concerns whether UMB and its board violated the federal securities laws and/or breached their fiduciary duties to shareholders by failing to, among other things: (1) obtain the best possible consideration for UMB shareholders; and (2) disclose all material information necessary for UMB shareholders to adequately assess and value the merger consideration.
  • On behalf of UMB shareholders, Halper Sadeh LLC may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits.
  • Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct.

UMB Announces Agreement to Acquire Heartland Financial

Retrieved on: 
Monday, April 29, 2024
Banking, Professional Services, Finance, UMBF, Small business, Investment, UMB Financial Corporation, First Bank, Bank, Acquisition, Keefe, Bruyette & Woods, Multimedia, BofA Securities, ATM, UMB, First Bank & Trust, Interest, Financial services

UMB Financial Corporation (Nasdaq: UMBF) and Heartland Financial, USA Inc. (Nasdaq: HTLF) announced today that they have entered into a definitive merger agreement under which UMB Financial Corporation (UMB) will acquire Heartland Financial USA, Inc. (HTLF), in an all-stock transaction valued at approximately $2.0 billion.

Key Points: 
  • UMB Financial Corporation (Nasdaq: UMBF) and Heartland Financial, USA Inc. (Nasdaq: HTLF) announced today that they have entered into a definitive merger agreement under which UMB Financial Corporation (UMB) will acquire Heartland Financial USA, Inc. (HTLF), in an all-stock transaction valued at approximately $2.0 billion.
  • “This is a historic and exciting milestone for our company,” said UMB Financial Corporation Chairman and CEO Mariner Kemper.
  • Interested parties may access the call by dialing (toll-free) 833-470-1428 or (international) 404-975-4839 and requesting to join the UMB Financial call with access code 397231.
  • BofA Securities, Inc. is serving as financial advisor to UMB and Davis Polk and Wardwell LLP is serving as UMB’s legal advisor.

UMB Financial Corporation Announces Pricing of an Underwritten Offering of 2,800,000 Shares of Common Stock

Retrieved on: 
Monday, April 29, 2024
Banking, Professional Services, Finance, Bank of America, UMBF, Sale, Prospectus, RBC Capital Markets, UMB Financial Corporation, Vesey Street, Security (finance), Nicollet Mall, Form, Exercise, Varick Street, Morgan Stanley, 2nd Floor, Wellington Management Company, BofA Securities, S-3, UMB, Attention, Telephone

The underwriters have been granted the option to purchase up to an additional 420,000 shares of UMB’s common stock.

Key Points: 
  • The underwriters have been granted the option to purchase up to an additional 420,000 shares of UMB’s common stock.
  • Such borrowed shares of UMB’s common stock will be delivered by BofA Securities (in such capacity, the “forward seller”) for sale to the underwriters in the offering.
  • UMB will not receive any proceeds from the sale of the shares of its common stock sold by the forward seller to the underwriters.
  • The offering of these securities may be made only by means of a prospectus supplement and accompanying base prospectus relating to this offering.

UMB Announces Conference Call to Discuss First Quarter 2024 Results

Retrieved on: 
Wednesday, April 17, 2024
Banking, Professional Services, Finance, UMBF, UMB, UMB Financial Corporation, Interest

UMB Financial Corporation (Nasdaq: UMBF), a financial services company, will release earnings results for the first quarter 2024 after market hours on Tuesday, April 30, 2024.

Key Points: 
  • UMB Financial Corporation (Nasdaq: UMBF), a financial services company, will release earnings results for the first quarter 2024 after market hours on Tuesday, April 30, 2024.
  • The company plans to host an investor conference call to discuss these results on Wednesday, May 1, at 8:30 a.m. (CT) / 9:30 a.m. (ET).
  • Interested parties may access the call by dialing (toll-free) 833-470-1428 or (international) 404-975-4839 and requesting to join the UMB Financial call with access code 307364.
  • The live call may also be accessed by visiting investorrelations.umb.com or by using the following the link:

UMB Announces Conference Call to Discuss Fourth Quarter and Full-Year 2023 Results

Retrieved on: 
Thursday, January 4, 2024
Banking, Professional Services, Finance, Interest, UMBF, UMB, UMB Financial Corporation

UMB Financial Corporation (Nasdaq: UMBF), a financial services company, will release earnings results for the fourth quarter 2023 after market hours on Tuesday, January 30, 2024.

Key Points: 
  • UMB Financial Corporation (Nasdaq: UMBF), a financial services company, will release earnings results for the fourth quarter 2023 after market hours on Tuesday, January 30, 2024.
  • The company plans to host an investor conference call to discuss these results on Wednesday, January 31, at 8:30 a.m. (CT) / 9:30 a.m. (ET).
  • Interested parties may access the call by dialing (toll-free) 833-470-1428 or (international) 404-975-4839 and requesting to join the UMB Financial call with access code 269364.
  • The live call may also be accessed by visiting investorrelations.umb.com or by using the following the link:

UMB Fund Services Assists StepStone Private Wealth with Flagship Fund Transition to Daily Admittance, Launch of New Infrastructure Fund

Retrieved on: 
Thursday, November 30, 2023
Banking, Asset Management, Professional Services, Finance, UMBF, UMB Financial Corporation, NAV, UMB, NeXT, Financial services, Security (finance)

In July, StepStone began publishing a daily NAV for its flagship fund, StepStone Private Markets (“SPRIM”) , allowing investors to purchase shares on a daily basis.

Key Points: 
  • In July, StepStone began publishing a daily NAV for its flagship fund, StepStone Private Markets (“SPRIM”) , allowing investors to purchase shares on a daily basis.
  • StepStone is among the first managers to strike a daily NAV for a multi asset-class registered fund invested in private markets.
  • We greatly appreciate UMB Fund Services’ partnership.”
    In September, StepStone launched a new fund, StepStone Private Infrastructure Fund (“STRUCTURE”) .
  • Like SPRIM, STRUCTURE is an evergreen interval fund that can be purchased daily, and UMB Fund Services is providing the same services as with SPRIM.

UMB Announces Conference Call to Discuss Third Quarter 2023 Results

Retrieved on: 
Wednesday, October 4, 2023
Banking, Professional Services, Finance, Interest, UMBF, UMB, UMB Financial Corporation, Cryptocurrency, Online shopping

UMB Financial Corporation (Nasdaq: UMBF), a financial services company, will release earnings results for the third quarter 2023 after market hours on Tuesday, October 24, 2023.

Key Points: 
  • UMB Financial Corporation (Nasdaq: UMBF), a financial services company, will release earnings results for the third quarter 2023 after market hours on Tuesday, October 24, 2023.
  • The company plans to host an investor conference call to discuss these results on Wednesday, October 25, 2023, at 8:30 a.m. (CT) / 9:30 a.m. (ET).
  • Interested parties may access the call by dialing (toll-free) 833-470-1428 or (international) 404-975-4839 and requesting to join the UMB Financial call with access code 879142.
  • The live call may also be accessed by visiting investorrelations.umb.com or by using the following the link:

UMB Launches Second Turnkey Registered Funds Solutions Platform as More Funds Choose Shared Services

Retrieved on: 
Monday, August 7, 2023
Professional Services, Business, Finance, Asset Management, Banking, Personal Finance, Mace, General counsel, UMB Financial Corporation, UMB, Trust, RFS, FINRA, Growth, UMBF, Cryptocurrency, Management, Security (finance)

UMB Fund Services, Inc. (UMBFS), a subsidiary of UMB Financial Corporation (NASDAQ: UMBF), announced today the launch of its second turnkey Registered Fund Solutions (RFS) platform service for starting and operating unlisted closed-end funds.

Key Points: 
  • UMB Fund Services, Inc. (UMBFS), a subsidiary of UMB Financial Corporation (NASDAQ: UMBF), announced today the launch of its second turnkey Registered Fund Solutions (RFS) platform service for starting and operating unlisted closed-end funds.
  • “As our first RFS platform continued to grow, we knew we’d need a second, parallel platform to support demand,” said Maureen Quill, executive vice president and executive director, registered funds.
  • UMB Fund Services is a national leader in registered and alternative investment fund administration , providing a broad array of award-winning services for mutual funds and alternative investments.
  • UMB Fund Services offers fund accounting, administration, tax, investor services, transfer agency, custody, distribution and more.

UMB Appoints New Leadership to its Institutional Banking Division

Retrieved on: 
Tuesday, July 18, 2023
Banking, Professional Services, Finance, Mason, Growth, UMBF, UMB, UMB Financial Corporation, Public sector banks in India, Management

UMB Financial Corporation (Nasdaq: UMBF) has announced the appointment of Phil Mason to the role of president, Institutional Banking .

Key Points: 
  • UMB Financial Corporation (Nasdaq: UMBF) has announced the appointment of Phil Mason to the role of president, Institutional Banking .
  • As president, Institutional Banking, Mason oversees UMB’s activities across corporate trust and agency services, institutional custody, fund services, the capital markets division, investor banking services, and healthcare services.
  • “Phil is the ideal leader to continue our strong momentum in the institutional space,” said Jim Rine, president and chief executive officer of UMB Bank.
  • He’s held multiple leadership roles in commercial banking and institutional banking during the past 16 years.