Company: UMBFO
Filing Date: 2025-02-27
Form Type: 10-K
Source: 0000950170-25-028420
Chunk: 285

Company: UMB FINANCIAL CORP
Filing Date: 2025-02-27
Form: 10-K
Item: Item 8
Chunk 285
---
    NET INCOME
     
    $
    441,243

    $
    350,024

    $
    431,682

    PER SHARE DATA

    Net income – basic
     
    $
    9.05

    $
    7.22

    $
    8.93

    Net income – diluted

    8.99

    7.18

    8.86

    Dividends

    1.57

    1.53

    1.49

    Weighted average shares outstanding – basic

    48,747,814

    48,503,643

    48,340,922

    Weighted average shares outstanding – diluted

    49,056,956

    48,763,820

    48,747,399

See Notes to Consolidated Financial Statements.

75

UMB FINANCIAL CORPORATION 

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME

(dollars in thousands)

    Year Ended December 31,

    2024

    2023

    2022

    Net income
     
    $
    441,243

    $
    350,024

    $
    431,682

    Other comprehensive (loss) income, before tax:

    Unrealized gains and losses on debt securities:

    Change in unrealized holding gains and losses, net

    (8,956
    )

    147,977

    (1,137,417
    )

    Less:  Reclassification adjustment for net (gains) losses included in net income

    (139
    )

    279

    —

    Amortization of net unrealized loss on securities transferred from available-for-sale to held-to-maturity

    35,905

    39,851

    36,894

    Change in unrealized gains and losses on debt securities

    26,810

    188,107

    (1,100,523
    )

    Unrealized gains and losses on derivative hedges:

    Change in unrealized gains and losses on derivative hedges, net

    (40,530
    )

    15,015

    12,608

    Less: Reclassification adjustment for net gains included in net income

    (8,069
    )

    (10,654
    )

    (5