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Market Chatter: UMB, Heartland Financial in Talks for Potential Merger
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Market Chatter: UMB, Heartland Financial in Talks for Potential Merger
Apr 26, 2024 2:35 PM

05:04 PM EDT, 04/26/2024 (MT Newswires) -- UMB Financial ( UMBF ) is in negotiations to acquire rival Heartland Financial USA ( HTLF ) , Bloomberg reported Friday afternoon, citing people with knowledge of the matter.

A deal could be finalized within a few weeks, and there's still a possibility the banks may not reach an agreement, according to the report.

UMB Financial ( UMBF ) and Heartland Financial did not immediately respond to a request for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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