other material
confidence high
sentiment positive
materiality 0.50
UMBF reports preliminary Q1 deposits $32.0B, up $1B since SVB failure; avg deposits up
UMB FINANCIAL CORP
- End-of-period deposits ~$32.0B at March 31, 2023, up >$1B from March 9 (pre-SVB failure); Dec 31 was $32.6B.
- Average deposits $31.6B in Q1 vs $31.4B in Q4; average demand deposits $11.9B (~38% of avg deposits).
- Estimated uninsured deposits $21.5B (67% of total); adjusted ratio excluding affiliate/collateralized is ~44%.
- End-of-period loans up ~$800M since year-end; avg loans $21.3B in Q1 vs $20.3B in Q4.
- Loan-to-deposit ratio ~68% on end-of-period balances; full Q1 results due April 25, 2023.