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.