Umb Financial Corporation · NASDAQ:UMBF
Umb Financial — Shareholder Meeting (April 2019)
33 slides from Umb Financial's shareholder meeting presentation, Apr 23, 2019
Slide 1: Annual Meeting of Shareholders
Annual Meeting of Shareholders April 23, 2019 UMB Financial Corporation Exhibit 99.2
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 Different by Design 2018 Results & Highlights Questions & Answers First Quarter 2019 Why UMB?
Slide 4: 2018 Annual Report
2018 Annual Report “…2018 was filled with success. And, whether I am meeting with customers, analysts, shareholders, or any of our 3,573 associates, my message remains consistent: “UMB stands apart from our competition by design.”
Slide 5: Agenda
Agenda Different by Design 2018 Results & Highlights Questions & Answers First Quarter 2019 Why UMB?
Slide 6: 2018 Results At-A-Glance
2018 Results At-A-Glance Diluted Earnings Per Share 2017 $183.0 million 2018 $196.3 million Primary drivers: Increased net interest income: +$51.5 million, due to Optimizing our balance sheet by remixing earning assets Strong loan growth; and Impact of 4 Fed rate increases during 2018 Lower tax expe
Slide 7: 2018 Revenue Milestone
2018 Revenue Milestone Total revenue exceeded $1 billion for the first time in UMB’s history! $1 billion
Slide 8: Earnings Summary – Full Year 2018
$ in thousands, except share and per share data; unaudited Earnings Summary – Full Year 2018 * Dividend payout ratio is calculated on diluted earnings per share.
Slide 9: 2018 Results – Balance Sheet Metrics
2018 Results – Balance Sheet Metrics All comparisons are year-end 2018 balances vs. year-end 2017 balances. Industry loan and deposit growth medians source: S&P Global, using data for all regulated depositories. Total Loans Total Deposits Industry median loans increased by 5.5%. Industry median depo
Slide 10: Asset Quality History: Net Charge-Off Ratio
Asset Quality History Net Charge-Off Ratio (%) *Industry source: FDIC Quarterly Banking Profile. 15 Year Average UMB: 0.31% Industry: 0.94%
Slide 11: Asset Quality History: Nonperforming Loans
Asset Quality History Nonperforming Loans (“NPLs”) (%) *Industry source: FDIC Quarterly Banking Profile. 15 Year Average UMB: 0.41% Industry: 2.30%
Slide 12: 2018 Highlights
2018 Highlights
Slide 13: Customer Feedback
Customer Feedback Source: Market Strategies International American Customer Satisfaction Index “Score” 100-Point Scale Industry 2017 Industry 2018 UMB 2017 UMB 2018
Slide 14: Community Involvement
$556,00 Value of Community Involvement Time 25,000+ Community Involvement Hours $2.4 million UMB Corporate Contribution to Nonprofit Organizations Supporting our Communities Volunteer Time Off (“VTO”) 1,017 Associates Used VTO Associates receive 16 hours/ year to volunteer with a 501(c)(3) of their
Slide 15: UMB in the Community
UMB in the Community
Slide 16: UMB in the Community
UMB in the Community UMB
Slide 17: Agenda
Agenda Different by Design 2018 Results & Highlights Questions & Answers First Quarter 2019 Why UMB?
Slide 18: First Quarter 2019 Results At-A-Glance
First Quarter 2019 Results At-A-Glance Prior results have been adjusted for the 2017 disposition of Scout Investments, Inc. and Scout Distributors, LLC and reflect diluted EPS from continuing operations. Diluted Earnings Per Share 4Q 3Q 2Q 1Q Total Loans $11.5 billion $12.5 billion 1Q ‘18 1Q ‘19 Tot
Slide 19: Agenda
Agenda Different by Design 2018 Results & Highlights Questions & Answers First Quarter 2019 Why UMB?
Slide 20: Why UMB?
Why UMB? Growth – Relative Outperformance Diversity of Revenue Long-Term Asset Quality
Slide 21: Growth: Expanding Balance Sheet
Growth Expanding Balance Sheet – 30+ years of Loan Growth $ billions UMB CAGR 7.4% Industry CAGR 5.2% Represents average loan balances for the years indicated. Industry CAGR source: FDIC Quarterly Banking Profile.
Slide 22: Diversity: Diverse Revenue Sources
Diversity $ millions UMB Average Fee Income 47.6% Industry Average Fee Income 19.0% Diverse Revenue Sources Industry average source: FDIC Quarterly Banking Profile.
Slide 23: Diversity: Diverse Fee Income Businesses
Diversity Diverse Fee Income Businesses Full-Year 2018 Noninterest Income 40% of Total Revenue * Asset Management & Servicing Businesses Private Wealth Management Corporate Trust Fund Services Prairie Capital Management Institutional Asset Management
Slide 24: Diversity: Regional Presence and Product Mix
Diversity Diverse Regional Presence Diverse Product Mix Kansas City Colorado St. Louis Arizona Greater MO Kansas Texas Greater MO Oklahoma Nebraska Natl. Platforms Loans by Region – 4Q 2018 Loans by Type – 4Q 2018 Commercial Commercial Real Estate Construction Residential RE HELOC Consumer Natl. Pla
Slide 25: Long-Term Asset Quality
Long-Term Asset Quality Seasoned Lending Decision-Makers Average Tenure at UMB -- 22.5 years Steady Performance Nonperforming Loans/Loans (%) *Industry source: FDIC Quarterly Banking Profile.
Slide 26: Long-Term Value Creation
Long-Term Value Creation (1) UMBF and industry diluted earnings per share source: S&P Global. (2) See reconciliation of tangible book value per share on slide 33. *UMB traditional peer group (15 banks); **KBW Nasdaq Regional Bank Index (50 banks); ***All publicly-traded banks with data reported for
Slide 27: Returning Capital to Our Shareholders
Dividend increase = 172.1% Industry Median +51.4% increase Industry is defined as all publicly traded banks with dividend data reported for 2004 and 2018. Source: S&P Global Returning Capital to Our Shareholders
Slide 28: Total Shareholder Return
Total Shareholder Return December 31, 2003 – December 31, 2018 Reinvesting all cash dividends +229%
Slide 29: Total Shareholder Return
Total Shareholder Return +207% +229% December 31, 2003 – December 31, 2018 Reinvesting all cash dividends
Slide 30: Total Shareholder Return
Total Shareholder Return +32% +207% +229% December 31, 2003 – December 31, 2018 Reinvesting all cash dividends
Slide 31: Agenda
Agenda Different by Design 2018 Results & Highlights Questions & Answers First Quarter 2019 Why UMB?
Slide 32: Annual Meeting of Shareholders
Annual Meeting of Shareholders April 23, 2019 UMB Financial Corporation
Slide 33: Tangible Book Value Non-GAAP Reconciliation
Tangible Book Value Non-GAAP Reconciliation Share count for December 31, 2003 adjusted for Company’s 2-for-1 stock split on May 31, 2006. In this presentation, we provide information about tangible book value per share, which is a non-GAAP financial measure. This information supplements the results