Timur Braziler's questions to UMB Financial Corp (UMBF) leadership • Q1 2025
Question
In a follow-up question, Timur Braziler asked about UMB's appetite for utilizing its newly authorized share buyback program.
Answer
CEO J. Kemper and CFO Ram Shankar clarified that the share repurchase authorization is a routine, annual corporate action taken 'like clockwork' to maintain flexibility. They stressed that nothing specific should be read into the timing of the authorization and the current focus remains on capital allocation for the Heartland integration.