UMB Financial prices 12M depositary shares for interest in Series B preferred stock

1 day ago 1

UMB Financial Corporation (NASDAQ:UMBF) priced an underwritten public offering of 12M depositary shares, each representing a 1/400th ownership interest in a share of its 7.750% fixed-rate reset non-cumulative perpetual preferred stock, with a liquidation preference of $10,000 per share of series

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