UMB Financial Corporation filed a Form 425 on October 27, 2026, disclosing a definitive agreement to acquire El Dorado Savings Bank, F.S.B., adding 35 branches across California and Nevada.

Key Highlights

  • Definitive agreement signed: UMB Financial Corporation announced execution of a definitive agreement to acquire El Dorado Savings Bank, F.S.B. on October 27, 2026.
  • Branch additions: The transaction adds 31 branches in California and four in Nevada, according to the filing.
  • Expanded network: The acquisition is expected to expand UMB's overall branch network to 227 branches across 15 states.
  • Expected close: The transaction is expected to close in the first quarter of 2027, subject to regulatory approvals and El Dorado shareholder approval.
  • System conversion timing: Following close, conversion is anticipated to occur either late in the first quarter or early in the second quarter of 2027.
  • Form S-4 planned: UMB disclosed it intends to file a registration statement on Form S-4 with the SEC in connection with the transaction.

UMB Financial Discloses El Dorado Savings Bank Acquisition Agreement

UMB Financial Corporation (NASDAQ:UMBF) disclosed on October 27, 2026, through a Form 425 filing, that it had executed a definitive agreement to acquire El Dorado Savings Bank, F.S.B. The filing was made pursuant to Rule 425 under the Securities Act of 1933, as amended, with UMB Financial Corporation as both the filing party and the subject company under Commission File No. 001-38481.

According to the filing, the transaction will add 35 El Dorado branches to UMB's network, consisting of 31 branches in California and four in Nevada. Combined with UMB's existing seven California branches, the filing states the overall network would grow to 227 branches across 15 states. UMB Chairman and CEO Mariner Kemper was quoted in the filing as saying, "This milestone is a significant leap forward for our retail footprint and overall presence in California and expands our UMB branch network into Nevada." He also referenced UMB's prior California expansion, noting, "Since growing our California presence with the HTLF acquisition in 2025, the region's vibrancy, complementary customer needs and overall business growth opportunities have made it incredibly compelling for our next phase of expansion."

The filing states the transaction is subject to customary closing conditions, including regulatory approvals and the approval of El Dorado's shareholders. The filing also cautions that all forward-looking statements, including the anticipated close timing and conversion schedule, involve known and unknown risks, uncertainties, and other factors that could cause actual results to differ materially from those expressed. The filing notes that UMB intends to file a registration statement on Form S-4 with the SEC, which will include a prospectus related to the transaction.

What Was Disclosed

UMB Financial Corporation filed a Form 425 disclosing a definitive agreement to acquire El Dorado Savings Bank, F.S.B., covering 35 branches in California and Nevada, with a closing expected in the first quarter of 2027, pending regulatory and shareholder approvals.