American Century Companies Inc. Trims UMB Financial Corporation Stake

Investment firm reduces its holdings in the bank by nearly 20% in the third quarter.

Mar. 3, 2026 at 1:39am

American Century Companies Inc. has reduced its stake in UMB Financial Corporation (NASDAQ:UMBF) by 19.7% during the third quarter, according to a recent SEC filing. The investment firm now owns approximately 1.59 million shares of the bank's stock, valued at around $188.7 million.

Why it matters

This transaction highlights the shifting investment strategies of major institutional investors like American Century as they adjust their portfolios in response to market conditions and opportunities. UMB Financial's stock performance and outlook will be closely watched by the investment community.

The details

According to the filing, American Century sold 390,685 shares of UMB Financial during the third quarter. The firm now owns around 2.10% of the bank's outstanding shares. UMB Financial provides a range of commercial and consumer banking services, as well as wealth management and trust services, primarily in the Midwest region.

  • The share sale occurred during the third quarter of 2026.

The players

American Century Companies Inc.

A diversified investment management firm headquartered in Kansas City, Missouri.

UMB Financial Corporation

A bank holding company that provides a full suite of commercial and consumer banking services, as well as wealth management and trust services, primarily in the Midwest region.

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The takeaway

This transaction reflects the ongoing portfolio adjustments made by major institutional investors as they navigate changing market conditions. The reduced stake in UMB Financial by American Century will be closely watched by analysts and investors to gauge the bank's performance and outlook.