UMB Bank (UMBF) Institutional Custody Reaches $250B in Assets Under Custody

UMB Financial Corporation (NASDAQ:UMBF) is one of the most profitable undervalued stocks to invest in. On May 11, UMB Bank’s Institutional Custody division reached $250 billion in assets under custody as of March 31, marking a 19% year-over-year increase. Since becoming a standalone business in 2019, the division has experienced significant growth of 298%, driven by increased demand from municipal governments, insurance providers, and asset managers for specialized middle-office services.

Growth is fueled by the rising complexity of institutional portfolios, which now require advanced solutions like collateral management, risk monitoring, and treasury support. UMB has responded by expanding its service offerings, including new foreign exchange capabilities, collective investment trustee services, and integrated liquidity solutions such as committed reverse repo facilities and lines of credit.

UMB Bank (UMBF) Institutional Custody Reaches $250B in Assets Under Custody

Image by MayoFi from Pixabay

The division’s success is highlighted by major partnerships, including providing custodial services for the City of Fort Worth and integrating custody and credit facilities for ReFlow Fund, LLC. Led by Amy Small, the team continues to invest in technology and process automation to maintain its momentum and adapt to the evolving needs of its institutional client base.

UMB Financial Corporation (NASDAQ:UMBF) is a financial services company, offering commercial banking, personal banking, and institutional banking products and services. The company serves business clients nationwide in the US and institutional clients in several countries.

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