>
Switch to:

UMB Financial Effective Interest Rate on Debt %

: 17.08% (As of Sep. 2021)
View and export this data going back to 1971. Start your Free Trial

Effective Interest Rate on Debt % is the usage rate that a borrower actually pays on a debt. It is calculated as the positive value of Interest Expense divided by its average total debt. Total debt equals to Long-Term Debt & Capital Lease Obligation plus Short-Term Debt & Capital Lease Obligation. UMB Financial's annualized positive value of Interest Expense for the quarter that ended in Sep. 2021 was $46 Mil. UMB Financial's average total debt for the quarter that ended in Sep. 2021 was $271 Mil. Therefore, UMB Financial's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2021 was 17.08%.


UMB Financial Effective Interest Rate on Debt % Historical Data

The historical data trend for UMB Financial's Effective Interest Rate on Debt % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

UMB Financial Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Effective Interest Rate on Debt %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 33.01 74.33 150.06 250.89 45.45

UMB Financial Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
Effective Interest Rate on Debt % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 27.31 18.23 17.59 17.11 17.08

Competitive Comparison

For the Banks - Regional subindustry, UMB Financial's Effective Interest Rate on Debt %, along with its competitors' market caps and Effective Interest Rate on Debt % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

   

UMB Financial Effective Interest Rate on Debt % Distribution

For the Banks industry and Financial Services sector, UMB Financial's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where UMB Financial's Effective Interest Rate on Debt % falls into.



UMB Financial Effective Interest Rate on Debt % Calculation

UMB Financial's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2020 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2019 )+Total Debt  (A: Dec. 2020 ))/ count )
=-1  *  -77.26/( (70.372+269.595)/ 2 )
=-1  *  -77.26/169.9835
=45.45 %

where

Total Debt  (A: Dec. 2019 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=70.372 + 0
=70.372

Total Debt  (A: Dec. 2020 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=269.595 + 0
=269.595

UMB Financial's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2021 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Jun. 2021 )+Total Debt  (Q: Sep. 2021 ))/ count )
=-1  *  -46.244/( (270.558+271.049)/ 2 )
=-1  *  -46.244/270.8035
=17.08 %

where

Total Debt  (Q: Jun. 2021 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=270.558 + 0
=270.558

Total Debt  (Q: Sep. 2021 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=271.049 + 0
=271.049

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Effective Interest Rate on Debt %, the Interest Expense of the last fiscal year and the average total debt over the fiscal year are used. In calculating the quarterly data, the Interest Expense data used here is four times the quarterly (Sep. 2021) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


UMB Financial  (NAS:UMBF) Effective Interest Rate on Debt % Explanation

Effective Interest Rate on Debt % measures the usage rate that a borrower actually pays on a debt.


UMB Financial Effective Interest Rate on Debt % Related Terms

Thank you for viewing the detailed overview of UMB Financial's Effective Interest Rate on Debt % provided by GuruFocus.com. Please click on the following links to see related term pages.


UMB Financial Business Description

UMB Financial logo
Industry
Financial Services » Banks NAICS : 522110 SIC : 6029
Traded in Other Exchanges
Address
1010 Grand Boulevard, Kansas City, MO, USA, 64106
UMB Financial Corp, or UMBF, is a financial services holding company offering a suite of banking, asset management, and health spending solutions. Its customer base includes commercial, institutional, and personal customers across the United States. The company's banking subsidiaries own and operate banking and wealth-management centres mostly throughout the Midwest and Southwest regions of the U.S. Subsidiaries of the holding company and its lead bank, UMB Bank, include mutual fund and alternative investment services groups, single-purpose companies that deal with brokerage services and insurance, and a registered investment advisory. The bank's revenue is split nearly evenly between interest income and noninterest income.
Executives
Kemper J Mariner director, officer: Chairman and CEO 1010 GRAND BLVD. KANSAS CITY MO 64106
Peterman Tamara director 1010 GRAND BLVD KANSAS CITY MO 64106
Graves Greg M director 1010 GRAND BLVD KANSAS CITY MO 64106
Davidson Janine director 1010 GRAND BLVD KANSAS CITY MO 64106
Shankar Ram officer: Chief Financial Officer 1010 GRAND BLVD. KANSAS CITY MO 64106
Rine James D officer: President UMB Bank, n.a. 1010 GRAND BOULEVARD KANSAS CITY MO 64106
King Stacy H officer: Chief Risk Officer 1010 GRAND BLVD KANSAS CITY MO 64106
Cornelius James officer: Executive Vice President 1010 GRAND BOULEVARD KANSAS CITY MO 64106
Johnson Shannon Andresen officer: Chief Administrative Officer 1010 GRAND BLVD KANSAS CITY MO 64106
Macke Kevin M officer: Executive Vice President 1010 GRAND BOULEVARD KANSAS CITY MO 64106
Terry Thomas S officer: Chief Credit Officer 1010 GRAND BOULEVARD KANSAS CITY MO 64106
Pauls John officer: EVP & General Counsel 1010 GRAND BLVD KANSAS CITY MO 64106
Wendel Abigail M officer: President - Consumer Banking 1010 GRAND BOULEVARD KANSAS CITY MO 64106
Newton Nikki Farentino officer: President, Private Wealth Mgmt 1010 GRAND BLVD KANSAS CITY MO 64106
Beaird Robert Brian officer: Chief Human Resource Officer 1010 GRAND BLVD KANSAS CITY MO 64106

UMB Financial Headlines

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)