UMB Financial Corporation announced on May 29, 2025, the pricing of an underwritten public offering of 12,000,000 depositary shares. Each depositary share represents a 1/400th ownership interest in a share of its 7.750% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series B.
The Series B Preferred Stock has a par value of $0.01 per share and a liquidation preference of $10,000 per share, equivalent to $25 per depositary share. This offering is a move to raise capital for the company.
This financing event will adjust UMBF's capital structure and provide additional funding. The proceeds from this offering could be utilized for general corporate purposes, including supporting growth initiatives or enhancing the company's capital ratios following its recent acquisition activities.
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