UMB Financial Corp. Enters Material Definitive Agreement
Ticker: UMBFO · Form: 8-K · Filed: May 1, 2024 · CIK: 101382
| Field | Detail |
|---|---|
| Company | Umb Financial Corp (UMBFO) |
| Form Type | 8-K |
| Filed Date | May 1, 2024 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 3 min |
| Key Dollar Amounts | $1.00 |
| Sentiment | neutral |
Sentiment: neutral
Topics: material-agreement, definitive-agreement
Related Tickers: UMBF
TL;DR
UMB Financial Corp. signed a big deal, details TBD.
AI Summary
UMB Financial Corp. announced on April 30, 2024, that it entered into a material definitive agreement. The filing does not disclose specific details of the agreement, the counterparty, or any associated financial figures.
Why It Matters
This filing indicates a significant new development for UMB Financial Corp., potentially impacting its business operations and financial standing.
Risk Assessment
Risk Level: medium — The lack of specific details in the filing creates uncertainty about the nature and impact of the agreement.
Key Players & Entities
- UMB FINANCIAL CORP (company) — Registrant
- April 30, 2024 (date) — Date of earliest event reported
- 1010 Grand Blvd. (location) — Principal executive offices address
- Kansas City, MO (location) — Principal executive offices city and state
- 64106 (location) — Principal executive offices zip code
- 816-860-7000 (phone_number) — Registrant's telephone number
FAQ
What is the nature of the material definitive agreement entered into by UMB Financial Corp.?
The filing does not specify the nature of the material definitive agreement.
Who is the counterparty to this material definitive agreement?
The filing does not disclose the identity of the counterparty.
What is the effective date of this agreement?
The earliest event reported is April 30, 2024.
Are there any financial implications or dollar amounts associated with this agreement mentioned in the filing?
No specific financial figures or dollar amounts are mentioned in this filing regarding the agreement.
Does this agreement require shareholder approval?
The filing does not provide information on whether shareholder approval is required for this agreement.
Filing Stats: 747 words · 3 min read · ~2 pages · Grade level 11.7 · Accepted 2024-05-01 08:01:03
Key Financial Figures
- $1.00 — nge on which registered Common Stock, $1.00 Par Value UMBF The Nasdaq Global Se
Filing Documents
- d781879d8k.htm (8-K) — 27KB
- d781879dex101.htm (EX-10.1) — 141KB
- 0001193125-24-126365.txt ( ) — 322KB
- umbf-20240430.xsd (EX-101.SCH) — 3KB
- umbf-20240430_lab.xml (EX-101.LAB) — 17KB
- umbf-20240430_pre.xml (EX-101.PRE) — 11KB
- d781879d8k_htm.xml (XML) — 3KB
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description of Exhibit 10.1 Additional Forward Sale Agreement, dated as of April 30, 2024, between UMB Financial Corporation and Bank of America, N.A. 104 The cover page from this Current Report on Form 8-K, formatted in Inline XBRL. SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. UMB FINANCIAL CORPORATION By: /s/ Ram Shankar Name: Ram Shankar Title: Chief Financial Officer Date: May 1, 2024