Business
UMB Financial Corporation Benefits from Portfolio Company, Voyager Technologies Inc., Initial Public Offering
KANSAS CITY, Mo., July 29, 2025--UMB Financial Corporation (Nasdaq: UMBF) announced that, with the assistance of its Private Investments team, it has acquired shares of Voyager Technologies, Inc. (NYSE: VOYG), following its successful Initial Public Offering (IPO) in June. UMB has recognized a pre-tax gain of $29.4 million, or a 5.8 multiple on invested capital, as of June 30, 2025, from its investment of $6 million made over the last five years. This investment will be revalued each quarter bas
About this update from Voyager Technologies, Inc.
[{"type":"text","content":"KANSAS CITY, Mo., July 29, 2025--(BUSINESS WIRE)--UMB Financial Corporation (Nasdaq: UMBF) announced that, with the assistance of its Private Investments team, it has acquired shares of Voyager Technologies, Inc. (NYSE: VOYG), following its successful Initial Public Offering (IPO) in June. UMB has recognized a pre-tax gain of $29.4 million, or a 5.8 multiple on invested capital, as of June 30, 2025, from its investment of $6 million made over the last five years. This investment will be revalued each quarter based on the closing market price of the stock and recognized in fee income.","length":590,"tagName":"p"},{"type":"text","content":""The success we are able to realize through strategic investments is a testament to our Private Investments team and the entrepreneurial opportunities that our diverse business model enables, including investing in high-potential companies," said Mariner Kemper, chairman and chief executive officer of UMB Financial Corporation. "We view our own story as that of a 112-year-old startup, so it is incredibly rewarding to be part of the growth story of so many others."","length":488,"tagName":"p"},{"type":"text","content":"UMB Private Investments combines the strength of our dedicated and experienced investment associates with the deep resources of UMB Financial Corporation. This combination allows Private Investments to be a preferred capital solutions provider of minority equity or subordinated debt to fund small private businesses for long-term growth. Investments typically range from $2 million to $8 million in manufacturing, distribution, business services, or consumer products companies. UMB Private Investments has invested more than $200 million across more than 50 businesses to date.","length":579,"tagName":"p"},{"type":"text","content":"UMB will share more about this investment and the company’s second quarter earnings results during its investor conference call on Wednesday, July 30, at 8:30 a.m. (CT) / 9:30 a.m. (ET).","length":186,"tagName":"p"},{"type":"text","content":"About UMB","length":9,"tagName":"p"},{"type":"text","content":"UMB Financial Corporation (Nasdaq: UMBF) is a financial services company headquartered in Kansas City, Missouri. UMB offers commercial banking, which includes comprehensive deposit, lending, investment and retirement plan services; personal...