trending Market Intelligence /marketintelligence/en/news-insights/trending/7gpFgyHOnkzFWdcvonr7fA2 content esgSubNav
In This List

S&P revises UMB Financial outlook to negative on higher credit risk profile

Blog

Banking Essentials Newsletter 2021: December Edition

Blog

Automating Credit Risk Surveillance Using Statistical Models

Blog

Post-webinar Q&A: Speed and Scalability – Automation in Credit Risk Modeling

Case Study

A Chinese Bank Takes Steps to Minimize Risks as it Supports International Trade


S&P revises UMB Financial outlook to negative on higher credit risk profile

S&P Global Ratings revised its outlook on UMB Financial Corp. and unit UMB Bank NA to negative from stable, citing the Kansas City, Mo.-based company's higher credit risk profile resulting from accelerated growth in commercial real estate and construction lending in recent years.

According to the rating agency, the company could incur higher loan losses if the rapid growth in commercial real estate and construction lending persists. The company's "declining contribution to revenues from noninterest income" also contributed to the negative outlook on the company.

S&P Global Ratings affirmed its A-/A-2 issuer credit rating on UMB and A/A-1 issuer credit rating on UMB Bank.

S&P Global Ratings and S&P Global Market Intelligence are owned by S&P Global Inc.