UMB Financial Corp. announced today that it plans to offer 3.9 million shares of common stock, plus an optional 585,000 shares for the underwriters.
The Kansas City-based holding company (Nasdaq: UMBF) for UMB Bank doesn't list an expected sale date or price. Shares of UMB's common stock were selling for about $57 on Sept. 9.
UMB said it plans to use the proceeds for "general corporate purposes."
The prospectus comes on the heels of UMB announcing that it will lose a customer with about $1.08…
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