UMB Financial Corp. announced late Tuesday that the offering of 3.9 million shares of common stock will be priced at $54 a share, raising $210.6 million.
Along with 585,000 shares granted as an option to the underwriters, the offering could raise up to $231.4 million after expenses.
RELATED: UMB Bank loses $1 billion customer
The offering price is lower than originally expected, since UMB's stock price dropped every day since Sept. 5, when the Kansas City-based company announced it would lose…
UMB Financial Corp. announced late Tuesday that the offering of 3.9 million shares of common stock will be priced at $54 a share, raising $210.6 million.
Along with 585,000 shares granted as an option to the underwriters, the offering could raise up to $231.4 million after expenses.
RELATED: UMB Bank loses $1 billion customer
The offering price is lower than originally expected, since UMB's stock price dropped every day since Sept. 5, when the Kansas City-based company announced it would lose…