UMB Financial (UMBF) 8-K UMB Financial Corporation Reports First Quarter 2015 Earnings of $33.8 million, or $0.74 per Diluted Share

Exhibit 99.1

UMB Financial Corporation	News Release
1010 Grand Boulevard
Kansas City, MO 64106
816.860.7000
umb.com

//FOR IMMEDIATE RELEASE//

Media Contact: Kelli Christman: 816.860.5088

Investor Relations Contact: Abby Wendel: 816.860.1685

UMB Financial Corporation Reports First Quarter 2015 Earnings of $33.8 million, or $0.74 per Diluted Share

Selected first quarter financial highlights:

• Average loans for the three months ended March 31, 2015, increased 11.8 percent to $7.5 billion compared to the three months ended March 31, 2014

• Average total deposits for the three months ended March 31, 2015, increased 1.0 percent to $13.3 billion compared to the three months ended March 31, 2014

• Nonperforming loans decreased to 0.39 percent of loans as of March 31, 2015, from 0.45 percent of loans as of March 31, 2014

• Noninterest income increased 1.8 percent from the first quarter 2014 to $125.2 million, and was 58.1 percent of total revenue

• Total company assets under management stood at $42.3 billion at March 31, 2015

• Return on average assets increased to 0.81 percent at March 31, 2015, from 0.58 percent at March 31, 2014

• Return on average equity increased to 8.18 percent at March 31, 2015, from 6.13 percent at March 31, 2014

• Tier 1 capital ratio remains strong at 12.91 percent under the new Basel III capital requirements

KANSAS CITY, Mo.(April 28, 2015) – UMB Financial Corporation (Nasdaq: UMBF), a diversified financial holding company, announced earnings for the three months ended March 31, 2015 of $33.8 million or $0.75 per share ($0.74 diluted). This is an increase of $10.4 million, or 44.2 percent, compared to first quarter 2014 earnings of $23.4 million or $0.52 per share ($0.52 diluted).

“This year is off to a good start for UMB, and we plan to focus on three main areas to continue growing our company,” said Mariner Kemper, Chairman and Chief Executive Officer. “First, our long-term strategy continues to maximize operating leverage while managing expenses over the long term. Second, we continue to focus on improving performance in Scout Investments, which

is the best way to stem future outflows. Finally, we are optimistic that our announced acquisition of Marquette Financial Companies will be approved and we’ll bring two great companies together with a strong go-to-market strategy.”

“For the first quarter of 2015, average loan balances increased 11.8 percent to $7.5 billion,” Kemper continued. “This year-over-year growth was fueled by commercial and industrial, commercial real estate and construction loan growth across our entire footprint. We continue growing our loan portfolio while adhering to our careful underwriting philosophy, as evidenced by a 0.39 percent nonperforming loans as a percentage of the total loan portfolio. Fee businesses also remain an important part of our diversified financial services model. Healthcare Services continues to perform well, with $1.4 billion in purchase volume for the quarter, an increase of 21.1 percent compared to the same quarter last year. Healthcare deposits and assets now stand at $1.2 billion as of March 31, 2015. Additionally, assets under administration at UMB Fund Services increased $7.2 billion compared to the first quarter 2014, driving revenue to $24.4 million, an increase of 5.5 percent compared to first quarter 2014 revenue.”

Net Interest Income and Margin

Net interest income for the first quarter of 2015 increased $4.9 million, or 5.7 percent, compared to the same period in 2014. Average earning assets increased by $327.1 million, or 2.1 percent, compared to the first quarter of 2014. This increase was due to a $791.2 million, or 11.8 percent, increase in average loans, offset by a $588.6 million, of 34.7 percent, decrease in average interest bearing due from banks. Net interest margin increased seven basis points to 2.46 percent for the three months ended March 31, 2015, compared to the same quarter in 2014.

Noninterest Income and Expense

Noninterest income increased $2.2 million, or 1.8 percent, for the three months ended March 31, 2015, compared to the same period in 2014. Increases in noninterest income include an increase of $5.9 million in gains on sales of securities available for sale and a $1.8 million, or 41.6 percent, increase in trading and investment banking income. Decreases in noninterest income include trust and securities processing income, which decreased $4.3 million, or 6.0 percent, for the three months ended March 31, 2015, compared to the same period in 2014. The decrease in trust and securities processing income was largely due to an $8.9 million, or 35.4 percent, decrease in advisory fee income from the Scout Funds, offset by a $2.2 million, or 9.6 percent, increase in fees related to institutional and personal investment management services, and a $2.1 million, or 9.9 percent, increase in fund administration and custody services. Equity earnings on alternative investments decreased $3.4 million due to a decline in unrealized gains on Prairie Capital Management (PCM) equity method investments for the three months ended March 31, 2015, compared to the same period in 2014.

Noninterest expense decreased $7.8 million, or 4.5 percent, for the three months ended March 31, 2015, compared to the same period in 2014. The primary drivers of the decrease were a $15.0 million contingency reserve recorded in the first quarter of 2014 with no related reserve during the same period in 2015, and a $5.1 million, or 49.1 percent, decrease in other noninterest expense for the three months ended March 31, 2015, compared to the same period in 2014. The decrease in other noninterest expense was due to a decrease of $6.7 million in fair value adjustments on contingent consideration expense. These decreases were offset by an increase in salaries and benefits expense, which increased by $9.7 million or 10.9 percent. This was due to an increase of $4.8 million, or 9.2 percent, in salaries and wages, a $3.2 million, or 17.9 percent, an increase in commissions and bonuses, and a $1.7 million, or 9.0 percent, increase in employee benefits expense. Equipment expense increased by $1.5 million, or 11.9 percent, due to an increase in computer and hardware expenses. Legal and consulting expenses increased $1.0

million, or 29.8 percent. Included in total noninterest expense for the three-month period ended March 31, 2015 is $0.8 million of acquisition-related expenses related to the pending acquisition of Marquette Financial Companies, primarily due to legal and consulting expenses.

Balance Sheet

Average total assets for the three months ended March 31, 2015 were $16.8 billion compared to $16.5 billion for the same period in 2014, an increase of $327.7 million, or 2.0 percent. Average earning assets increased by $327.1 million for the period, or 2.1 percent.

Average loan balances for the three months ended March 31, 2015 increased $791.2 million, or 11.8 percent, to $7.5 billion compared to the same period in 2014. Actual loan balances on March 31, 2015 were $7.5 billion, an increase of $739.2 million, or 10.9 percent, compared to March 31, 2014. This increase was driven by an increase in commercial and industrial loans of $318.5 million, or 9.1 percent, and an increase in commercial real estate loans of $232.2 million, or 13.6 percent, and an increase in construction real estate loans of $70.3 million or 37.8 percent.

Nonperforming loans, defined as nonaccrual loans and restructured loans on nonaccrual, decreased to $29.2 million on March 31, 2015 from $30.2 million on March 31, 2014. As a percentage of loans, nonperforming loans decreased to 0.39 percent as of March 31, 2015, compared to 0.45 percent on March 31, 2014. The company’s allowance for loan losses totaled $77.5 million, or 1.03 percent of loans, as of March 31, 2015, compared to $75.5 million, or 1.12 percent of loans, as of March 31, 2014.

For the three months ended March 31, 2015, average securities, including trading securities, totaled $7.2 billion. This is an increase of $117.4 million, or 1.7 percent, from the same period in 2014.

Average total deposits increased $127.2 million, or 1.0 percent, to $13.3 billion for the three months ended March 31, 2015, compared to the same period in 2014. Average noninterest-bearing demand deposits increased $493.4 million, or 9.5 percent, in the first quarter of compared to the same one in 2014. Average interest-bearing deposits decreased by $366.1 million, or 4.6 percent, in the first quarter of 2015 as compared to the same period in 2014. Total deposits as of March 31, 2015 were $13.2 billion, compared to $12.3 billion as of March 31, 2014, a 7.3 percent increase. Also, as of March 31, 2015, noninterest-bearing demand deposits were 42.7 percent of total deposits.

“We continue to make progress on our strategy to shift the balance sheet into higher-yielding loans versus investment securities,” said Brian Walker, Chief Financial Officer. “First quarter 2015 average loans were a higher percentage of earning assets than first quarter 2014 average loans, resulting in a 56.3 percent loan-to-deposit ratio and a 2.46 percent net interest margin. We are encouraged by the year-over-year margin improvement and are cautiously optimistic for the remainder of 2015.”

As of March 31, 2015, UMB had total shareholders’ equity of $1.7 billion, an increase of 9.1 percent as compared to March 31, 2014.

Conference Call

The company plans to host a conference call to discuss its 2015 first quarter earnings results on April 29, 2015, at 8:30 a.m. (CT).

Interested parties may access the call by dialing (toll-free) 877-267-8760 or (U.S.) 412-542-4148 and requesting to join the UMB Financial call. The live call can also be accessed by visiting the investor relations area ofumbfinancial.com or by using the following the link:

UMB Financial 1Q 2015 Conference Call

A replay of the conference call may be heard until May 14, 2015, by calling (toll-free) 877-344-7529 or (U.S.) 412-317-0088. The replay pass code required for playback is 10063617. The call replay may also be accessed via the company’s websiteumbfinancial.com by visiting the investor relations area.

Forward-Looking Statements:

This release 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 strictly to historical or current facts. Forward-looking statements often use words such as “believe,” “expect,” “anticipate,” “intend,” “estimate,” “project,” “outlook,” “forecast,” “target,” “trend,” “plan,” “goal,” or other words of comparable meaning or future-tense or conditional verbs such as “may,” “will,” “should,” “would,” or “could.” Forward-looking statements convey our expectations, intentions, or forecasts about future events, circumstances, results, or aspirations. All forward-looking statements are subject to assumptions, risks, and uncertainties, which may change over time and many of which are beyond our control. You should not rely on any forward-looking statement as a prediction or guarantee about the future. Our actual future objectives, strategies, plans, prospects, performance, condition, or results may differ materially from those set forth in any forward-looking statement. Some of the factors that may cause actual results or other future events, circumstances, or aspirations to differ from those in forward-looking statements are described in our Annual Report on Form 10-K for the year ended December 31, 2014, our subsequent Quarterly Reports on Form 10-Q or Current Reports on Form 8-K, or other applicable documents that are filed or furnished with the SEC. Any forward-looking statement made by us or on our behalf speaks only as of the date that it was made. We do not undertake to update any forward-looking statement to reflect the impact of events, circumstances, or results that arise after the date that the statement was made. You, however, should consult further disclosures (including disclosures of a forward-looking nature) that we may make in any subsequent Annual Report on Form 10-K, Quarterly Report on Form 10-Q, Current Report on Form 8-K, or other applicable document that is filed or furnished with the SEC.

About UMB:

UMB Financial Corporation (Nasdaq: UMBF) is a diversified financial holding company headquartered in Kansas City, Mo., offering complete banking services, payment solutions, asset servicing and institutional investment management to customers. UMB operates banking and wealth management centers throughout Missouri, Illinois, Colorado, Kansas, Oklahoma, Nebraska, Arizona and Texas. Subsidiaries of the holding company include companies that offer services to mutual funds and alternative-investment entities and registered investment advisors that offer equity and fixed income strategies to institutions and individual investors. For more information, visitumb.com,umbfinancial.com,blog.umb.com or follow us on Twitter at @UMBBank, Facebook at facebook.com/UMBBank and LinkedIn at linkedin.com/company/umb-bank.

Consolidated Balance Sheets		UMB Financial Corporation
(unaudited, dollars in thousands)
	March 31,
	2015			2014
Assets
Loans	$	7,498,308		$	6,759,089
Allowance for loan losses		(77,479	)		(75,514	)
Net loans		7,420,829			6,683,575
Loans held for sale		3,141			1,108
Investment securities:
Available for sale		6,787,001			6,734,931
Held to maturity		346,885			219,724
Trading securities		29,380			43,055
Other securities		67,200			54,551
Total investment securities		7,230,466			7,052,261
Federal funds and resell agreements		24,379			108,986
Interest-bearing due from banks		769,321			770,458
Cash and due from banks		449,315			593,956
Bank premises and equipment, net		263,542			247,770
Accrued income		80,083			75,384
Goodwill		209,758			209,758
Other intangibles		41,236			52,483
Other assets		238,053			150,091
Total assets	$	16,730,123		$	15,945,830
Liabilities
Deposits:
Noninterest-bearing demand	$	5,617,788		$	5,303,067
Interest-bearing demand and savings		6,668,991			5,747,984
Time deposits under $100,000		416,497			458,484
Time deposits of $100,000 or more		453,012			756,236
Total deposits		13,156,288			12,265,771
Federal funds and repurchase agreements		1,719,080			1,973,736
Long-term debt		7,600			5,815
Accrued expenses and taxes		135,758			118,918
Other liabilities		29,021			39,392
Total liabilities		15,047,747			14,403,632
Shareholders’ Equity
Common stock		55,057			55,057
Capital surplus		892,658			883,195
Retained earnings		986,923			897,826
Accumulated other comprehensive income (loss)		26,810			(13,297	)
Treasury stock		(279,072	)		(280,583	)
Total shareholders’ equity		1,682,376			1,542,198
Total liabilities and shareholders’ equity	$	16,730,123		$	15,945,830

Consolidated Statements of Income		UMB Financial Corporation
(unaudited, dollars in thousands except share and per share data)
	Three Months Ended
	March 31,
	2015			2014
Interest Income
Loans	$	64,232		$	58,900
Securities:
Taxable Interest		18,808			18,961
Tax-exempt interest		9,915			9,907
Total securities income		28,723			28,868
Federal funds and resell agreements		51			33
Interest bearing due from banks		852			1,123
Trading securities		95			123
Total interest income		93,953			89,047
Interest Expense
Deposits		3,048			3,059
Federal funds and repurchase agreements		492			481
Other		55			62
Total interest expense		3,595			3,602
Net interest income		90,358			85,445
Provision for loan losses		3,000			4,500
Net interest income after provision for loan losses		87,358			80,945
Noninterest Income
Trust and securities processing		67,299			71,563
Trading and investment banking		6,122			4,323
Service charges on deposits		21,541			21,558
Insurance fees and commissions		570			603
Brokerage fees		2,854			1,815
Bankcard fees		16,183			15,623
Gains on sales of securities available for sale		7,336			1,470
Equity (loss) earnings on alternative investments		(842	)		2,530
Other		4,144			3,479
Total noninterest income		125,207			122,964
Noninterest Expense
Salaries and employee benefits		98,537			88,881
Occupancy, net		10,010			9,705
Equipment		14,172			12,663
Supplies, postage and telephone		4,325			4,637
Marketing and business development		4,618			4,602
Processing fees		12,783			13,651
Legal and consulting		4,378			3,372
Bankcard		4,768			3,688
Amortization of other intangibles		2,755			3,102
Regulatory fees		2,756			2,516
Contingency reserve		—			15,000
Other		5,311			10,424
Total noninterest expense		164,413			172,241
Income before income taxes		48,152			31,668
Income tax provision		14,387			8,255
Net income	$	33,765		$	23,413
Per Share Data
Net income- Basic	$	0.75		$	0.52
Net income- Diluted		0.74			0.52
Dividends		0.235			0.225
Weighted average shares outstanding – basic		45,000,831			44,742,068
Weighted average shares outstanding – diluted		45,437,654			45,382,692

Statements of Consolidated Comprehensive Income		UMB Financial Corporation
(unaudited, dollars in thousands, except per share data)
	Three Months Ended March 31,
	2015			2014
Net Income	$	33,765		$	23,413
Other comprehensive income, net of tax:
Unrealized gains on securities:
Change in unrealized holding gains, net		32,676			32,459
Less: Reclassifications adjustment for gains included in net income		(7,336	)		(1,470	)
Change in unrealized gains on securities during the period		25,340			30,989
Income tax expense		(9,536	)		(11,646	)
Other comprehensive income		15,804			19,343
Comprehensive income	$	49,569		$	42,756

Consolidated Statements of Shareholders’ Equity													UMB Financial Corporation
(unaudited, dollars in thousands, except per share data)
									Accumulated
									Other
	Common		Capital			Retained			Comprehensive			Treasury
	Stock		Surplus			Earnings			Income (Loss)			Stock			Total
Balance - January 1, 2014	$	55,057	$	882,407		$	884,630		$	(32,640	)	$	(283,389	)	$	1,506,065
Total comprehensive income (loss)		—		—			23,413			19,343			—			42,756
Cash dividends ($0.225 per share)		—		—			(10,217	)		—			—			(10,217	)
Purchase of treasury stock		—		—			—			—			(2,867	)		(2,867	)
Issuance of equity awards		—		(3,648	)		—			—			4,117			469
Recognition of equity based compensation		—		2,212			—			—			—			2,212
Net tax benefit related to equity compensation plans		—		1,068			—			—			—			1,068
Sale of treasury stock		—		143			—			—			77			220
Exercise of stock options		—		1,013			—			—			1,479			2,492
Balance – March 31, 2014	$	55,057	$	883,195		$	897,826		$	(13,297	)	$	(280,583	)	$	1,542,198
Balance - January 1, 2015	$	55,057	$	894,602		$	963,911		$	11,006		$	(280,818	)	$	1,643,758
Total comprehensive income		—		—			33,765			15,804			—			49,569
Cash dividends ($0.235 per share)		—		—			(10,753	)		—			—			(10,753	)
Purchase of treasury stock		—		—			—			—			(5,309	)		(5,309	)
Issuance of equity awards		—		(5,848	)		—			—			6,308			460
Recognition of equity based compensation		—		2,609			—			—			—			2,609
Net tax benefit related to equity compensation plans		—		585			—			—			—			585
Sale of treasury stock		—		141			—			—			94			235
Exercise of stock options		—		569			—			—			653			1,222
Balance – March 31, 2015	$	55,057	$	892,658		$	986,923		$	26,810		$	(279,072	)	$	1,682,376

Average Balances / Yields and Rates								UMB Financial Corporation
(tax - equivalent basis)
(unaudited, dollars in thousands)
	Three Months Ended March 31,
	2015						2014
	Average			Average			Average			Average
	Balance			Yield/Rate			Balance			Yield/Rate
Assets
Loans, net of unearned interest	$	7,470,101			3.49	%	$	6,678,932			3.58	%
Securities:
Taxable		4,868,560			1.57			4,887,151			1.57
Tax-exempt		2,254,237			2.75			2,109,901			2.93
Total securities		7,122,797			1.94			6,997,052			1.98
Federal funds and resell agreements		34,340			0.60			27,155			0.49
Interest-bearing due from banks		1,107,862			0.31			1,696,482			0.27
Trading securities		30,221			1.84			38,590			1.48
Total earning assets		15,765,321			2.56			15,438,211			2.48
Allowance for loan losses		(76,574	)					(74,997	)
Other assets		1,143,208						1,141,037
Total assets	$	16,831,955					$	16,504,251
Liabilities and Shareholders’ Equity
Interest-bearing deposits	$	7,602,258			0.16	%	$	7,968,400			0.16	%
Federal funds and repurchase agreements		1,710,908			0.12			1,667,764			0.12
Borrowed funds		8,331			2.68			5,705			4.41
Total interest-bearing liabilities		9,321,497			0.16			9,641,869			0.15
Noninterest-bearing demand deposits		5,660,893						5,167,513
Other liabilities		174,804						147,147
Shareholders’ equity		1,674,761						1,547,722
Total liabilities and shareholders’ equity	$	16,831,955					$	16,504,251
Net interest spread					2.40	%					2.33	%
Net interest margin					2.46						2.39

FIRST QUARTER 2015 FINANCIAL HIGHLIGHTS		UMB Financial Corporation
(unaudited, dollars in thousands, except share and per share data)
Three Months Ended March 31	2015			2014
Net interest income	$	90,358		$	85,445
Provision for loan losses		3,000			4,500
Noninterest income		125,207			122,964
Noninterest expense		164,413			172,241
Income before income taxes		48,152			31,668
Net income		33,765			23,413
Net income per share - Basic		0.75			0.52
Net income per share - Diluted		0.74			0.52
Return on average assets		0.81	%		0.58	%
Return on average equity		8.18	%		6.13	%
At March 31
Assets	$	16,730,123		$	15,945,830
Loans, net of unearned interest		7,498,308			6,759,089
Securities		7,230,466			7,052,261
Deposits		13,156,288			12,265,771
Shareholders’ equity		1,682,376			1,542,198
Book value per share		36.76			33.94
Market price per share		52.89			64.70
Equity to assets		10.06	%		9.67	%
Allowance for loan losses	$	77,479		$	75,514
As a % of loans		1.03	%		1.12	%
Nonaccrual and restructured loans	$	29,187		$	30,153
As a % of loans		0.39	%		0.45	%
Loans over 90 days past due	$	5,170		$	5,101
As a % of loans		0.07	%		0.08	%
Other real estate owned	$	500		$	1,286
Net loan charge-offs quarter-to-date	$	1,661		$	3,737
As a % of average loans		0.09	%		0.23	%
Common shares outstanding		45,763,132			45,433,101
Average Balances Three Months Ended March 31
Assets	$	16,831,955		$	16,504,251
Loans, net of unearned interest		7,470,101			6,678,932
Securities		7,153,018			7,035,642
Deposits		13,263,151			13,135,913
Shareholders’ equity		1,674,761			1,547,722

Business Segment Information									UMB Financial Corporation
(unaudited, dollars in thousands)
	Three Months Ended March 31, 2015
	Bank		Payment Solutions		Institutional Investment Management			Asset Servicing		Total
Net interest income	$	75,327	$	14,033	$	1		$	997	$	90,358
Provision for loan losses		1,600		1,400		—			—		3,000
Noninterest income		51,551		23,138		27,084			23,434		125,207
Noninterest expense		100,748		24,396		17,973			21,296		164,413
Income before taxes		24,530		11,375		9,112			3,135		48,152
Income tax expense		7,344		3,406		2,717			920		14,387
Net income	$	17,186	$	7,969	$	6,395		$	2,215	$	33,765
Average assets	$	12,749,000	$	3,086,000	$	73,000		$	924,000	$	16,832,000
	Three Months Ended March 31, 2014
	Bank		Payment Solutions		Institutional Investment Management			Asset Servicing		Total
Net interest income	$	71,122	$	12,388	$	(3	)	$	1,938	$	85,445
Provision for loan losses		2,426		2,074		—			—		4,500
Noninterest income		47,435		20,219		34,095			21,215		122,964
Noninterest expense		107,861		20,948		25,889			17,543		172,241
Income before taxes		8,270		9,585		8,203			5,610		31,668
Income tax expense		2,005		2,593		2,146			1,511		8,255
Net income	$	6,265	$	6,992	$	6,057		$	4,099	$	23,413
Average assets	$	12,399,000	$	1,906,000	$	73,000		$	2,126,000	$	16,504,000