Transaction overview
Kemper J Mariner, who serves as chairman and CEO of UMB Financial Corp (NASDAQ: UMBF), completed the sale of 18,714 shares of common stock on February 2, 2026, receiving roughly $2.4 million in aggregate proceeds. The company has a market capitalization of $9.73 billion and was trading close to its 52-week high of $131.60 at the time of the sale, having appreciated 18.89% over the previous six months.
Details of the share sales
The disposition was executed across several transactions with trade prices spanning from $128.0437 to $129.1859 per share. In one of the transactions, Mariner directly sold 3,500 shares at $129.0558 per share. In addition, two blocks were sold by Trust - RC Kemper Irrevocable Trust: one block of 7,972 shares executed at prices between $127.73 and $128.73, and another block of 7,242 shares executed at prices between $128.76 and $129.74.
Ownership after the sale
Following these transactions, Mariner retains direct ownership of 318,350.2177 shares and indirect ownership of 1,506,200 shares through Trust - RC Kemper Irrevocable Trust.
Valuation signals and analyst targets
Analysis from InvestingPro cited in available data indicates that UMB Financial may be undervalued at current market prices, with analyst price targets reported in the range of $130 to $160 per share.
Financial profile and dividend history
InvestingPro data referenced in company metrics highlights a long streak of shareholder payouts: the company has paid dividends for 56 consecutive years and has increased its dividend for 33 consecutive years. The current dividend yield stands at 1.34%. Financial health as measured by InvestingPro is labeled as "GREAT" with a score of 3.12, and the shares trade at a price-to-earnings ratio of 13.75.
Recent quarterly results
UMB Financial reported fourth-quarter results for 2025 that exceeded analyst expectations. The company posted earnings per share of $3.08 versus the $2.70 consensus estimate. Revenue for the quarter reached $720.9 million, above the $677.77 million that analysts had projected. The reporting noted that analysts from various firms commented on the results, though no specific upgrades or downgrades were identified in the available information.
What the record shows
The transactions and company metrics together present a picture of an institution with entrenched insider ownership, a long-standing dividend record, and recent operating results that beat market forecasts. The insider sales were carried out while the stock traded near its annual high and amid analyst price targets that, according to InvestingPro, suggest room for upside from some perspectives.
Contextual note
All figures and statements in this report are drawn from the information provided on the transactions, InvestingPro analytics, and UMB Financial's disclosed quarterly results. The reporting period for the sales is February 2, 2026, and the fourth-quarter results referenced are for 2025.