secwatch.observer — SEC 8-K summary
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Issuer:     UMB FINANCIAL CORP (UMBF)
CIK:        0000101382
Form:       8-K
Filed at:   2025-01-10T23:59:59+00:00
Accession:  0001193125-25-004422
Event type: m_and_a
Sentiment:  positive
Materiality: 0.70
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

UMB Financial receives regulatory approvals to complete Heartland acquisition; close expected Jan 31, 2025
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- Combined assets ~$66B, top 4% of publicly traded U.S. banks (based on Sept. 30, 2024 data).
- Acquisition increases private wealth AUM/AUA by 31%; nearly doubles retail deposit base; expands from 8 to 13 states.
- Five HTLF board members (Schmidt, Henderson, Hopkins, Lazo, Murphy) will join UMB Board, growing it to 16 members.
- Final regulatory approvals from OCC and Federal Reserve received; shareholder approvals already obtained.
- Transaction expected to close on or around Jan. 31, 2025, subject to remaining customary closing conditions.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/101382/000119312525004422/0001193125-25-004422-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/101382/000119312525004422/d904137d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-004422

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