UMB Financial Corporation Completes Acquisition of Heartland Financial USA, Inc. [Yahoo! Finance]

Heartland Financial USA, Inc. (HTLF)
Last heartland financial usa, inc. earnings: 4/27 04:01 pm
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Source: Yahoo! Finance
7 min read In This Article UMBF HTLF HTLFP UMB closes largest acquisition in 111-year history, increasing total assets by more than 30% KANSAS CITY, Mo., January 31, 2025 BUSINESS WIRE UMB Financial Corporation (Nasdaq: UMBF) announced that it will close the acquisition of Heartland Financial USA, Inc. (Nasdaq: HTLF) today, effective at 11:59 p.m. As a result of this successful completion, UMB's asset size will increase to approximately $68 billion (based on assets as of Dec. 31, 2024), expanding its geographic footprint from eight to 13 states. The acquisition also increases UMB's private wealth management AUM/AUA by 32% and significantly expands its retail deposit base. "Today is a monumental day for our organization as we welcome HTLF customers and associates to UMB," said Mariner Kemper , chairman and chief executive officer of UMB Financial Corporation. "As the largest acquisition in our company's history, this new chapter presents a tremendous opportunity to expan
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