Umb Financial Corporation · NASDAQ:UMBF
Umb Financial — Shareholder Meeting (April 2020)
30 slides from Umb Financial's shareholder meeting presentation, Apr 28, 2020
Slide 1: Annual Meeting of Shareholders
Annual Meeting of Shareholders April 28, 2020 UMB Financial Corporation Exhibit 99.1
Slide 2: Cautionary Notice about Forward-Looking Statements
Cautionary Notice about Forward-Looking Statements This presentation of UMB Financial Corporation (the “company,” “our,” “us,” or “we”) contains, and our other communications may contain, forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These sta
Slide 3: Agenda
Agenda Business Meeting 2019 Results Our Response to the Crisis Why UMB? Questions & Answers
Slide 4: 2020 Annual Meeting of Shareholders
2020 Annual Meeting of Shareholders Introduction of the Board of Directors Independent Registered Public Accounting Firm Appointment of Inspector of Election Presentation of List of Shareholders as of Record Date Report of Quorum Opening of the Polls and Review of Proposals Election of Directors Adv
Slide 5: Board of Directors
Board of Directors Mariner Kemper K.C. Gallagher Kris Robbins Paul Uhlmann Sandy Kemper Gordon Lansford Leroy Williams Tammy Peterman Greg Graves Josh Sosland Robin Beery Tim Murphy
Slide 6: Board of Directors – Nominee
Board of Directors – Nominee Janine A. Davidson, PhD, has served as president of the Metropolitan State University of Denver, Colorado’s third largest public university and only access-oriented University in the state, since July of 2017. As president, she is responsible for the University’s strateg
Slide 7: Advisory Directors
Advisory Directors Tom Wood Jim Rine CEO, UMB Bank
Slide 8: 2020 Annual Meeting of Shareholders
2020 Annual Meeting of Shareholders Introduction of the Board of Directors Independent Registered Public Accounting Firm Appointment of Inspector of Election Presentation of List of Shareholders as of Record Date Report of Quorum Opening of the Polls and Review of Proposals Election of Directors Adv
Slide 9: Agenda
Agenda Business Meeting 2019 Results Our Response to the Crisis Why UMB? Questions & Answers
Slide 10: 2019 Results At-A-Glance
2019 Results At-A-Glance Diluted Earnings Per Share Primary drivers: Increased net interest income: +$60.5 million, due to Higher short-term interest rates; Favorable reinvestment yields in our securities portfolio; and Strong loan growth—average balances increased by 10.0% vs. 2018 Lower provision
Slide 11: Earnings Summary – Full Year 2019
$ in thousands, except share and per share data; unaudited Earnings Summary – Full Year 2019 * Dividend payout ratio is calculated on diluted earnings per share.
Slide 12: 2019 Results – Balance Sheet Metrics
2019 Results – Balance Sheet Metrics All comparisons are year-end 2019 balances vs. year-end 2018 balances. Industry loan and deposit growth medians source: S&P Global, using data for all publicly-traded banks with data available. Average Loans Average Deposits Industry median average loans increase
Slide 13: Returning Value to Shareholders
Industry* Median +40.6% increase Annual Dividends Declared 2005 - 2019 Dividend increase = 165.9% *Industry is defined as publicly traded banks with dividend data reported for both 2005 and 2019, available at time of printing, 03/02/20. (402 banks) Source: S&P Global Returning Value to Shareholders
Slide 14: Agenda
Agenda Business Meeting 2019 Results Our Response to the Crisis Why UMB? Questions & Answers
Slide 15: UMB Through the Years
UMB Through the Years “Find out what a man’s made of. A person’s character means more than his financial statement.” W.T. Kemper 1911 “Naturally, I want to see the bank continue to grow, but if it becomes too complicated for personal relationships I will not enjoy my job as much as I do today.” R. C
Slide 16: UMB Through the Years
UMB Through the Years
Slide 17: UMB Through the Years
UMB Through the Years “I think we’ve had a knack for being a good judge of people and human nature. That’s all banking is, the judgment of people; their character, and ability.”.” R. Crosby Kemper, Jr. 1999
Slide 18: UMB Through the Years
UMB Through the Years “Our company has remained true to its values.” Mariner Kemper Chairman & Chief Executive Officer
Slide 19: Why UMB?
Why UMB? Long-Term Asset Quality Diversity of Revenue Growth – Relative Outperformance Stability – Solid Balance Sheet
Slide 20: Stability
Stability Peer median includes UMB’s traditional peer group (15 banks). Data sourced from S&P Global for comparability. UMB metrics may differ slightly from previously filings. At year end At year end At year end
Slide 21: Asset Quality
Asset Quality How We Underwrite Centralized review and approval process for loans Continuous monitoring, testing and enhancement of credit policy and underwriting guidelines 15 Year Average UMB: 0.31% Industry*: 0.94% 15 Year Average UMB: 0.42% Industry*: 2.31% Seasoned Lending Decision-Makers Avera
Slide 22: Diversity
Diversity Diverse Regional Presence Loans by Region at 12/31/19 Diverse Revenue Sources Diverse Fee Income Businesses Noninterest Income Composition – Full-year 2019 $440 $1,098
Slide 23: Growth – Balance Sheet Expansion
Growth – Balance Sheet Expansion Average Loan Balances Deposit Balances 15 Year CAGR 9.5% Peer Median* 6.8% 15 Year CAGR 10.7% Peer Median* 7.0% *UMB’s traditional peer group (15 banks). Source: S&P Global.
Slide 24: Agenda
Agenda Business Meeting 2019 Results Our Response to the Crisis Why UMB? Questions & Answers
Slide 25: Our Response – How Can We Help? Customers
Our Response – How Can We Help? Options for consumer loan and mortgage deferment or modifications on an individual, customized basis Increased mobile deposit limits Individualized, flexible credit card repayment and payment deferral options, as well as a balance transfer opportunity A 90-day morator
Slide 26: Our Response – How Can We Help? Associates and Community
Our Response – How Can We Help? Associates Implemented remote working arrangements for ~80% of our staff Improved social distancing for those whose roles require them to work onsite Enhanced cleaning and disinfecting Expanded health insurance coverage for COVID-19 testing and access to telehealth se
Slide 27: Our business is built on shared values
Our business is built on shared values 2019 Corporate Citizenship Report UMB.com/CorporateCitizenship
Slide 28: #relationshipsmatter
#relationshipsmatter = with the We have partnerned with UMB for over 30 years and their le knowledge of our business really helped when it came to uiding us through the Paycheck Protection Program (PPP) teve Erickson, was loan application process. Our officer, there for us 24/7. Not only is UMB rock
Slide 29: #relationshipsmatter
#relationshipsmatter LONG Building Tech @LONGBI... -Apr6 We'd like to express our heartfelt gratitude to the team at @UMBBank for helping us get approved for a SBA Paycheck Protection Program Loan! The long hours and weekends they put in to help us navigate this process is truly appreciated! #LONG #
Slide 30: Agenda
Agenda Business Meeting 2019 Results Our Response to the Crisis Why UMB? Questions & Answers