Merger Of HTLF and UMB Financial On Track

Leaders of HTLF expressed continued optimism of a banking institution with a large Dubuque presence. UMB Financial executives in April announced their intention to acquire HTLF, the parent company of Dubuque Bank & Trust, in a roughly $2 billion, all-stock deal approved this summer by the shareholders of both institutions. UMB Financial CEO Mariner Kemper said during a Wednesday earnings call with investors that the HTLF acquisition is “on track” to close sometime in the first quarter of 2025, pending regulatory approval.