Umb Financial Corporation · NASDAQ:UMBF
Umb Financial — Shareholder Meeting (April 2014)
35 slides from Umb Financial's shareholder meeting presentation, Apr 22, 2014
Slide 1: Annual Meeting of Shareholders – April 2014
Annual Meeting of Shareholders – April 2014 Quality endures. Exhibit 99.2 UMB Financial
Slide 2: Agenda
Agenda More than 100 2013 Performance & Highlights st Quarter 2014 Financials Business Segment Updates Questions & Answers
Slide 3: 100 years of growth and progress
• On our anniversary, April 18, associates all over our footprint joined together to celebrate 100 years of growth and progress
Slide 4: Slide 4
Slide 5: 100th anniversary and NASDAQ opening bell
• On our anniversary, April 18, associates all over our footprint joined together to celebrate 100 years of growth and progress • We celebrated our 100 th anniversary by ringing the opening bell on the NASDAQ on April 25
Slide 6: - .-Gount on m
- .-Gount on m
Slide 7: Associates volunteered more than 35,000 hours
• On our anniversary, April 18, associates all over our footprint joined together to celebrate 100 years of growth and progress • We celebrated our 100 th anniversary by ringing the opening bell on the NASDAQ on April 25 • Associates volunteered more than 35,000 hours
Slide 8: Slide 8
Slide 9: Total Shareholder Return Compound Annual Growth Rate
Total Shareholder Return Compound Annual Growth Rate 13.8% November 30, 1978 – March 31, 2014 Reinvesting all cash dividends
Slide 10: Total Shareholder Return Compared to the S&P
Total Shareholder Return Compared to the S&P 500 November 30, 1978 – March 31, 2014 Reinvesting all cash dividends $5,840 $9110
Slide 11: Doing the right thing will still be the right thing to do
100 years from now, doing the right thing will still be the right thing to do.
Slide 12: R. Crosby Kemper, Jr. tribute
R. Crosby Kemper, Jr. February 22, 1927- January 2, 2014
Slide 13: UMB - A Growth Company
UMB - A Growth Company >59.6% 23 58% Revenues from fee businesses– % of total >59.6% Acquisitions in the past 10 years Growth in annual revenue 2007 – 58%
Slide 14: …with Steady EPS Growth
…with Steady EPS Growth -6.2% -6.0% -6.0% -5.2% -1.7% -1.3% 0.7% 0.7% 0.8% 1.1% 1.6% 4.2% 4.3% 4.4% 6.8% 9.0% 10-Year Diluted Annual Earnings Per Share – CAGR UMBF vs. Traditional Peers *Bank industry defined as all publicly traded banks per SNL Financial; CYN Industry Median * ONB BOH BXS FMER CFR
Slide 15: …and Growing Dividends
…and Growing Dividends Annual Dividends Per Share Declared
Slide 16: Agenda
Agenda More than 100 2013 Performance & Highlights st Quarter 2014 Financials Business Segment Updates Questions & Answers
Slide 17: 2013 highlights: record net income, loan growth
Net loans at December 31, 2013 were $6.4 billion, a 14.8 percent increase compared to net loans at December 31, 2012. Year-end 2012 to year-end 2013 19 Record net income. $134M Consecutive quarter of loan growth. 15th Increase in total deposits to $13.6 billion. 17.1%
Slide 18: 2013 highlights: AUM, AUA, HSA growth
Year-end 2012 to year-end 2013 Combined year-end AUA $191 billion Year-end 2012 to year-end 2013 20 Increase in Scout assets under management to $31.2 billion. 32.8% Increase in UMB Fund Services assets under administration. 23% Increase in HSA and FSA accounts. 32.7%
Slide 19: A Different Kind of Business Model
+ + + High Quality Credit Diverse Revenue Streams Low-cost Funding Strong Balance Sheet A Different Kind of Business Model
Slide 20: Our Credit Quality Outpaces the Industry
Our Credit Quality Outpaces the Industry 4Q 13 NPLs = 0.47% 0.0 1.0 2.0 3.0 4.0 5.0 6.0 Traditional Peer Median UMBF Data Source: SNL Financial Midwest Bank Peers as defined by Raymond James & Associates. Shaded area is high/low range of the peer group Non-Performing Loans % of average loans
Slide 21: Today: More Fee Revenue than Our Peers
Today: More Fee Revenue than Our Peers ~3X vs. Industry % of Total Revenue from Fees • More stable earnings • Greater growth opportunities Industry Median source: SNL Financial
Slide 22: Balance Sheet – Strong with Growth Potential
Balance Sheet – Strong with Growth Potential 5 yr CAGR 7.5% Tier 1 Capital Ratio vs. Industry Average Equity Industry Median =publicly-traded banks; Source: SNL Financial
Slide 23: Strong Balance Sheet
53.3% 26.1% 4.4% Strong Balance Sheet 35.1% 6.6% 6.5% 1.0% 8.7% Commercial Consumer Asset Servicing Private Wealth Management Healthcare Inst. Banking & Investor Services Small Business Inst. Asset Management Commercial Real Estate Commercial & Industrial Consumer Real Estate Credit Card Home Equity
Slide 24: Agenda
Agenda 2013 Performance & Highlights 1st Quarter 2014 Financials Business Segment Updates Questions & Answers More than 100
Slide 25: Agenda
Agenda 2013 Performance & Highlights st Quarter 2014 Financials Business Segment Updates Questions & Answers More than 100
Slide 26: Bank 1Q14 Commercial Loans
Bank 1Q14 Commercial Loans +12.3% vs. 1Q13 Consumer Banking Commercial Banking Private Wealth Management Assets Under Management $ billions Digital Genius program launched in 2013 with 180 “geniuses.” 3,000 appointments to-date #1 Kansas City market share leader in deposits for three consecutive yea
Slide 27: Institutional Investment Management
Institutional Investment Management Assets Under Management ($billions) $6.9 Top 10% Total Net Fund Flows Scout ranked th of companies in total Net Fund Flows in 2013. Source: Strategic Insight Simfund Congratulations to our veteran international team on celebrating 20 years of seasoned insights and
Slide 28: Payment Solutions
Payment Solutions 5 Year CAGR 16.2% +315% since year-end 2009 Annual Card Purchase Volume $billions Health Savings Account Deposits & Assets $Millions Healthcare Services 4.2M HSA and FSA accounts at year-end 2013 had increased 223% from 1.3 million in 2009 Healthcare Retail Debit Commercial Credit
Slide 29: Asset Servicing
Asset Servicing #1 Fund Administrator UMBFS named “Best North American Hedge Fund Administrator” by Hedgeweek and “Best Fund Administrator: Fund of Funds” by Acquisition International Top Ten Named a “Best Place To Work” four years straight by the Milwaukee Journal Sentinel Assets Under Administrati
Slide 30: Associate Spirit – People Drive Performance
Associate Spirit – People Drive Performance
Slide 31: American Customer Satisfaction Index
American Customer Satisfaction Index • Source non-UMB ACSI scores: www.theacsi.org ; • Source for UMB scores: Average of three questions, converted to 100 point scale 1. How satisfied would you say you are with UMB? 2. To what extent has UMB exceeded or fallen short of your expectations? 3. Now, I w
Slide 32: Total Returns Reflect Earnings Performance
Total Returns Reflect Earnings Performance Total Shareholder Return April 2004 – April 2014 Source: SNL Financial
Slide 33: There’s an App for That…
There’s an App for That… UMB Investor Relations App – Available for iPad and Android tablets! Access our Annual Report, Investor Presentations, SEC Filings, Financial Insight and other related information. Search “ UMB ” in the App Store or Google Marketplace
Slide 34: Agenda
Agenda 2013 Performance & Highlights st Quarter Financials Business Segment Updates Questions & Answers More than 100
Slide 35: Quality endures. Annual Meeting of Shareholders – April 2014
Quality endures. Annual Meeting of Shareholders – April 2014 UMB Financial