...Outlook Revised to Negative: In February 2019, Fitch Ratings revised UMB Financial's (UMBF) Rating Outlook to Negative from Stable following a large reported credit loss that surprised Fitch and was uncharacteristic of UMBF's history of low and stable loan losses. The Rating Outlook revision, which was maintained in Fitch's Midtier Regional Bank review in May 2019, incorporates Fitch's view that UMBF's overall credit performance may not be a differentiating rating factor to the same degree as in the past, which could lead to more uneven financial performance. Company Profile Supports Rating: A good mix of fee-generating businesses including asset servicing, corporate trust, asset management and healthcare savings account (HSA) administration produce above-average levels of non-interest income that provide diversification to UMBF's revenue stream and supports its relatively high rating. Loan Growth Affects Risk Appetite: UMBF continued its trend of growing loans at rapid rates during 2018....
