UMB Bank reduced its stake in Associated Banc-Corp by 45.2% during Q2.
UMB Bank reduced its stake in Associated Banc-Corp by 45.2%, holding 15,505 shares, during Q2. Institutional investors also made changes to their holdings of Associated Banc in recent quarters. The bank's Q2 EPS met the consensus estimate of $0.52, with a current ratio of 0.89, a quick ratio of 0.89, and a debt-to-equity ratio of 0.79. UMB Bank n.a. also acquired 180 shares of Marsh & McLennan Companies, Inc., increasing its holdings by 13.4% during Q2. Marsh & McLennan reported Q2 EPS of $2.41, higher than analyst expectations. Overall, institutional investors and hedge funds collectively hold 87.99% of MMC's stock.
August 30, 2024
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