UMB Financial Corporation · NASDAQ:UMBF
UMB Financial — Shareholder Meeting (April 2017)
28 slides from UMB Financial's shareholder meeting presentation, Apr 25, 2017
Slide 1: UMB Financial Annual Meeting of Shareholders
UMB Financial Annual Meeting of Shareholders April 25, 2017 Exhibit 99.2
Slide 2: Cautionary Notice about Forward-Looking Statements
Cautionary Notice about Forward-Looking Statements This presentation contains, and our other communications may contain, forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements can be identified by the fact that they do not relate stric
Slide 3: Agenda
Agenda Evolution 2016 Highlights Questions & Answers 2017 and Beyond Focus
Slide 4: Evolution
Evolution +259.6% +158.5% +1.54% UMBF S&P 500 SNL U.S. Bank Index Year-End 2003 – April 2017 Platform for Growth “Safe Haven” Industry Recovery Refocused UMB Apr-17 Total return chart source: SNL Financial Moving Ahead
Slide 5: Moving Ahead – Back to Basics 2017
Moving Ahead – Back to Basics 2017 Our Shared Vision To be recognized for the unparalleled customer experience. Our Shared Mission With our position of trust and our tradition of integrity, our shared mission is to know our customers and anticipate their needs; advocate and advise; innovate and surp
Slide 6: Runway – Our Investment Thesis
Runway – Our Investment Thesis Opportunity. Balance sheet remix Performance culture Market share opportunities Unique loan verticals Deposit generating capabilities Low cost of funds Diversity of noninterest income
Slide 7: Agenda
Agenda Evolution 2016 Highlights Questions & Answers 2017 and Beyond Focus
Slide 8: 2016 Results At-A-Glance
2016 Results At-A-Glance All comparisons are full-year 2016 vs. full-year 2015. Diluted Earnings Per Share $2.44 4Q 3Q 2Q 1Q Net Income: $158.8 million, a year-over-year increase of $42.7 million +36.8% Primary drivers: Increased net interest income: +$83.3 million, due to Optimizing our balance she
Slide 9: 2016 Results – Balance Sheet Metrics
2016 Results – Balance Sheet Metrics (1) Other includes loans held for sale, trading & other securities, Fed Funds sold, securities purchased under agreement to resell, and interest bearing due from banks. (1) Loans Securities Avail. for Sale Held-to-Maturity Securities Other Changes in Earning Asse
Slide 10: Consistent Underwriting Standards
Consistent Underwriting Standards History of Net Charge-Offs (1) Commercial Loans includes commercial & industrial, commercial credit card, asset-based and factoring loans. (2) Other includes all real-estate related loans (commercial, residential and HELOC) plus consumer loans and DDA charge-offs.
Slide 11: Industry-Leading Credit Quality
Industry-Leading Credit Quality (1) Comprised of the median for the top 50 U.S. Banks by asset size as of December 31 of each corresponding year. Source: SNL Financial. (1) Net Charge-Offs as % of average loans 2000 – 2016
Slide 12: Business Highlights
Business Highlights Personal Banking Improved digital offerings with the launch of a new mobile banking app Healthcare Services HSA deposits and assets reached $1.8 billion +36.6% Deposits & assets have increased 48x from 2005 levels Institutional Banking Opened new investment banking office in New
Slide 13: 2016 Progress on Priorities
2016 Progress on Priorities Continue to deliver on initiatives begun in 2015 and build on those savings. Efficiency. Improved 4Q16 efficiency ratio of 71.5% vs. 80.8% at launch of initiative in 3Q15 Improved 4Q16 ROE of 8.58% vs. 5.49% in 3Q15 Progress: Continue to shift earning assets into loans. B
Slide 14: Agenda
Agenda Evolution 2016 Highlights Questions & Answers 2017 and Beyond Focus
Slide 15: 1st Quarter '17 Results At-A-Glance
1st Quarter ‘17 Results At-A-Glance Return on average equity Return on average assets All comparisons are 1Q 2017 vs. 1Q 2016 Diluted Earnings Per Share $2.44 4Q 3Q 2Q 1Q $3.22 Net Income: $44.2 million, a year-over-year increase of $7.8 million +21.4% Primary drivers: Increased net interest income
Slide 16: 1st Quarter '17 Results
1st Quarter ‘17 Results Total Loans $10.8 billion +$1.1 billion +10.9% Industry median deposits increased by 3.2%. Total Deposits $15.9 billion +$477 million +3.1% All comparisons are 1Q 2017 vs. 1Q 2016 Nonperforming Loans/Loans $ millions Industry median loans increased by 3.5%.
Slide 17: April 20, 2017 Announcement: Sale of Scout Investments
April 20, 2017 Announcement UMB Announces Agreement to Sell Scout Investments to Carillon Tower Advisers Allows us to fully allocate our time, energy and capital to our core banking and asset servicing operations. Provides an opportunity for greater emphasis on driving results and organic growth in
Slide 18: Agenda
Agenda Evolution 2016 Highlights Questions & Answers 2017 and Beyond Focus
Slide 19: Focus – Our People
Focus – Our People Continuity – We’re in it for the long run 3,688 Associates Associate Average Tenure 21.2 years 14.9 years 9.3 years
Slide 20: Focus – Our Customers
Focus – Our Customers ACSI 2015 ACSI 2016 UMB 2015 UMB 2016 American Customer Satisfaction Index “Score” 100-Point Scale
Slide 21: Focus – Our Communities
Focus – Our Communities Volunteer time off (“VTO”): 9,809 hours
Slide 22: Focus – Our Shareholders
Focus – Our Shareholders Dividend increase = 92.2% Industry Median +3.3% increase Industry is defined as all publicly traded banks with dividends reported in 2006. Source: SNL Financial
Slide 23: Total Shareholder Return
+151.1% December 31, 2006 – December 31, 2016 Reinvesting all cash dividends Total Shareholder Return
Slide 24: Total Shareholder Return
+95.7% December 31, 2006 – December 31, 2016 Reinvesting all cash dividends +151.1% Total Shareholder Return
Slide 25: Total Shareholder Return
December 31, 2006 – December 31, 2016 Reinvesting all cash dividends 1.4% +95.7% +151.1% Total Shareholder Return
Slide 26: Recent Stock Performance
Six Months Ended April 21, 2017 Reinvesting all cash dividends Recent Stock Performance +10.2% +22.9% +23.0%
Slide 27: Agenda
Agenda Evolution 2016 Highlights Questions & Answers 2017 and Beyond Focus
Slide 28: Questions & Answers
Questions & Answers