UMB Financial Corp. announces it was ranked the second-best bank in America by Forbes in an end-of-the-year evaluation of the 100 largest banks and thrifts in America.
Forbes partnered with SNL Financial to determine the best banks by looking at eight financial measures including return on average equity, net interest margin, NPLs as a percentage of loans, NPAs as percentage of assets, reserves as a percentage of NPLs, two capital ratios (Tier-1 and risk-based) and leverage ratio.
Also in 2009, UMB Financial received recognition as being a top performer in Sandler O’Neill and Partners “2009 Bank and Thrift Sm-All Stars” report, a No. 5 ranking in a “stress test” conducted by SNL Financial to determine the best capitalized bank holding companies nationally, and a No. 21 ranking in Bank Insurance Market Research Group’s “2009 Who’s Who in Bank Wealth Management.”