UMB Financial Corporation (NASDAQ:UMBF) Q1 2023 Earnings Call Transcript

Mariner Kemper: And our borrowers are all pretty large diversified borrowers of big portfolios of other – that have cash flows and have the demonstrated capability to resize things if they need to. But the real point about all this is how we do them from the beginning, how we underwrite from the beginning, which is worst case, we underwrite from the beginning with a worst case scenario type thinking, and it gives us a lot of room.

Nathan Race: Okay, great. I appreciate all color. Thanks everyone.

Mariner Kemper: Thanks Nate.

Operator: Thank you, Nathan. We have no further questions on the line. I’ll now hand back to the management team for any closing comments.

Mariner Kemper: I don’t think we have anything else to say. Appreciate it. We had a great quarter and look forward to seeing you in the next quarter.

Kay Gregory: And the replay will be available on the website shortly. If you have any follow up questions, you can always reach us at 816-860-7106. Thank you for joining us and have a great day.

Operator: Thank you. Ladies and gentlemen, this concludes today’s call. Thank you for joining. You may now disconnect your lines.