other material
confidence high
sentiment neutral
materiality 0.60
UMB Financial reports estimated uninsured deposit ratio of ~45% as of Mar 23
UMB FINANCIAL CORP
- Estimated uninsured deposit ratio ~45% after adjusting for collateralized and affiliate deposits.
- Data based on UMB Bank's 12/31/22 Call Report and Form 10-K; average balances from 4Q'22.
- Disclosure comes amid heightened market focus on deposit stability following recent bank failures.
- Company updates deposit diversity and characteristics in investor presentation (Exhibit 99.1).