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<TITLE>UMB Financial Corporation S8 - December, 2002 </TITLE>
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As filed with the Securities and Exchange Commission on December __, 2002. </FONT><br>
<FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">Registration No. _____________ </FONT></P>
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<H3 ALIGN="CENTER"> <FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:12pt">SECURITIES AND EXCHANGE COMMISSION </FONT><BR>
<FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">Washington, D.C. 20549 </FONT></H3>
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<P ALIGN="CENTER"> <FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:12pt"><B>FORM S-8<BR>
REGISTRATION STATEMENT </FONT></B> <BR>
<FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:8pt"><I>Under<BR>
The Securities Act of 1933</I> </FONT> </P><BR>
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<P ALIGN="CENTER">
<FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:12pt"><STRONG>UMB FINANCIAL CORPORATION </STRONG></FONT> <BR>
<FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">(Exact name of registrant as specified in its charter) </FONT> </P>

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     <TD WIDTH=50% ALIGN=CENTER><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt"><B>Missouri</B> </FONT></TD>
     <TD WIDTH=50% ALIGN=CENTER><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt"><B>43-0903811</B> </FONT></TD>
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     <TD ALIGN=CENTER><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:8pt">(State or other jurisdiction of incorporation or organization) </FONT><FONT FACE="Arial, Helvetica, Sans-Serif"><BR> </FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:8pt">(I.R.S. Employer Identification No.) </FONT><FONT FACE="Arial, Helvetica, Sans-Serif"><BR> </FONT></TD>
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     <TD WIDTH=50% ALIGN=CENTER><BR><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt"><B>1010 Grand Avenue, Kansas City, Missouri</B> </FONT> </TD>
     <TD WIDTH=50% ALIGN=CENTER><BR><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt"><B>64106 </B></FONT></TD>
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<TR VALIGN=TOP>
     <TD ALIGN=CENTER><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:8pt">(Address of Principal Executive Offices) </FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:8pt">(Zip Code) </FONT><FONT FACE="Arial, Helvetica, Sans-Serif"><BR> </FONT></TD>
</TR>
</TABLE>

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<P ALIGN="CENTER">
<FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt"><B>UMB FINANCIAL CORPORATION 2002 INCENTIVE STOCK OPTION PLAN</B></FONT> <BR>
<FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:8pt">(Full title of the plan)</FONT> <BR><BR>

<FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt"><B>John C. Pauls, Esq. <BR>
                                                       UMB Financial Corporation<BR>
                                                           1010 Grand Avenue<BR>
                                                      Kansas City, Missouri 64106</B><BR></FONT>
<FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:8pt">(Name and address of agent for service)</FONT> <BR><BR>

<FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt"><B>(816) 860-7000</B><BR></FONT>
<FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:8pt">(Telephone number, including area code, of agent for service)</FONT> <BR><BR>


<FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt"><B>Please send copies of all correspondence to:</B><BR><BR>

                            <B>Craig L. Evans, Esq.<BR>
                          Shook, Hardy & Bacon LLP<BR>
                        1010 Grand Avenue, 5th Floor<BR>
                         Kansas City, Missouri 64106<BR>
                           (816) 474-6550</B></FONT> </P>

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<P ALIGN="CENTER">
<FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:9pt">
                         <B>CALCULATION OF REGISTRATION FEE</B></FONT> </P>


<TABLE CELLPADDING=0 CELLSPACING=0 BORDER=1 ALIGN=Center WIDTH=80%>
<TR VALIGN=Bottom>
     <TD WIDTH="36%" ALIGN="CENTER"><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:8pt">Title of securities to be registered </FONT></TD>
     <TD WIDTH="15%" ALIGN="CENTER"><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:8pt">Amount to be registered</FONT></TD>
     <TD WIDTH="15%" ALIGN="CENTER"><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:8pt">Proposed maximum offering price per share(1)</FONT></TD>
     <TD WIDTH="15%" ALIGN="CENTER"><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:8pt">Proposed maximum aggregate offering price(1)</FONT></TD>
     <TD WIDTH="15%" ALIGN="CENTER"><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:8pt">Amount of registration fee</FONT></TD>
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<TR>
     <TD ALIGN="CENTER"><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:8pt">Common Stock, $1.00 par value .......</FONT></TD>
     <TD ALIGN="CENTER"><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:8pt">1,000,000 (2)</FONT></TD>
     <TD ALIGN="CENTER"><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:8pt">$37.96 </FONT></TD>
     <TD ALIGN="CENTER"><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:8pt">$37,960,000</FONT></TD>
     <TD ALIGN="CENTER"><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:8pt">$3,492</FONT></TD>
</TR>
<TR>
     <TD ALIGN="CENTER"><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:8pt">Stock Options issued under Plan .......</FONT></TD>
     <TD ALIGN="CENTER"><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:8pt">1,000,000 (2)</FONT></TD>
     <TD ALIGN="CENTER"><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:8pt">&nbsp; </FONT></TD>
     <TD ALIGN="CENTER"><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:8pt">&nbsp; </FONT></TD>
     <TD ALIGN="CENTER"><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:8pt">&nbsp; </FONT></TD>
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<OL>
<FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:9pt"><LI>The amount of the registration fee is estimated in accordance with Section
6(b) of the Securities Act of 1933, as amended, and paragraph (h)(1) of Rule
457. The price at which 1,000,000 options may be exercised is not known at the
time of filing this Registration Statement. The high and low prices of the
Registrant's Common Stock on December 16, 2002, as reported by NASDAQ National
Market System were $38.42 and $37.50, respectively. </FONT> </LI>
<FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:9pt"><LI>The provisions of Rule 416 shall apply to this registration statement and
the number of shares registered on this registration statement automatically
shall increase or decrease as a result of stock splits, stock dividends or
similar transactions. </FONT> </LI>
</OL>

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<H5 ALIGN="CENTER"><FONT FACE="Arial, Helvetica, Sans-Serif" >PART I<BR>
INFORMATION REQUIRED IN THE SECTION 10(A) PROSPECTUS </FONT></H5>

<P ALIGN=JUSTIFY><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The document(s) containing
the  information  specified  in Part I will be sent or  given  to  employees  as
specified  by Rule  428(b)(1).  Such  documents  are not  being  filed  with the
Securities and Exchange Commission either as part of this Registration Statement
or as  prospectuses  or  prospectus  supplements  pursuant  to  Rule  424.  Such
documents  and the  documents  incorporated  by reference  in this  Registration
Statement pursuant to Item 3 of Part II of this Form, taken together, constitute
a prospectus that meets the requirements of Section 10(a) of the Securities Act.
</FONT> </P>

<H5 ALIGN="CENTER"><FONT FACE="Arial, Helvetica, Sans-Serif">PART II<BR>
INFORMATION REQUIRED IN THE REGISTRATION STATEMENT </FONT> </H5>

<P><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">
<B>Item 3. Incorporation of Documents by Reference</B> </FONT> </P>

<P ALIGN=JUSTIFY><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The  following  documents  heretofore filed by UMB
Financial   Corporation   (the  "Company")  with  the  Securities  and  Exchange
Commission (the "Commission") are
incorporated herein by reference: </FONT> </P>

<OL type=a>
<FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">
<LI>
Annual Report on Form 10-K for the fiscal year ended December 31, 2001, SEC File
No. 0-4887; </FONT> </LI><BR>
<FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">
<LI>
Quarterly  Report on Form 10-Q for the quarters  ended March 31, 2001,  June 30,
2002, and September 30, 2002; </FONT> </LI><BR>
<FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">
<LI>
Current Report on Form 8-K filed on April 29, 2002; and </FONT> </LI><BR>
<FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">
<LI>
The  description of the Company's  Common Stock  contained in Amendment No. 1 on
Form 8 to its General Form for Registration of Securities on Form 10, date March
5, 1993 (File No. 0-4887,  filed under Section 12 of the Securities Exchange Act
of 1934, as amended (the "Exchange Act")). </FONT> </LI>
</OL>

<P ALIGN=JUSTIFY><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;All  documents  subsequently  filed by the Company
pursuant to Sections 13(a),  13(c), 14 or 15(d) of the Exchange Act prior to the
filing of a post-effective amendment which indicates that all securities offered
hereby have been sold or which deregisters all securities then remaining unsold,
shall be deemed incorporated by reference in this Registration  Statement and to
be part thereof from the date of filing of such documents.</FONT> </P>

<P><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">
<B>Item 4.  Description of Securities</B> </FONT> </P>

<P ALIGN=JUSTIFY><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pursuant   to  this  Registration  Statement,  the
Company is registering the Stock Options (the  "Options")  granted under the UMB
Financial  Corporation  2002 Incentive Stock Option Plan (the "Plan"),  together
with the Common Stock issued upon exercise of such Options. The Options have not
been registered under Section 12 of the Exchange Act.</FONT> </P>

<P ALIGN=JUSTIFY><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The  Options will be granted pursuant to the terms
of the Plan. The Plan is administered  by the Officers'  Salary and Stock Option
Committee of the Board of Directors,  or such other committee  designated by the
Board  (the  "Committee").  The  Committee  has the power and  authority  to (a)
designate  recipients  of Options  ("Optionees"),  (b)  determine  the number of
shares of Common  Stock to be covered by each  Option,  the option price and the
term of the option,  (c) determine the terms and  conditions,  which need not be
identical,  of each Option and prepare or cause to be  prepared  the  respective
option  agreements,   (d)  determine  whether,   to  what  extent,   under  what
circumstances,  and by what method or methods Options may be settled, exercised,
canceled,  forfeited or suspended,  (e) interpret and  administer  the Plan, any
option  agreement and any instrument or agreement  relating to any Option or the
Plan,  (f) establish,  amend,  suspend or waive such rules and  regulations  and
appoint such agents as it deems appropriate for the proper administration of the
Plan,  and (g) make any other  determination  and take any other action that the
Committee deems necessary or desirable for administration of the Plan.</FONT> </P>

<P ALIGN=JUSTIFY><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The  Plan provides that Options may be granted for
the  purchase of up to 1,000,000  shares of the Common Stock of the Company.  If
any Option granted pursuant to the Plan expires,  terminates or is forfeited for
any reason  during the term of the Plan without  having been  exercised in full,
any  shares of  Common  Stock not  purchased  under  such  Option  shall  become
available for other Options which may be granted under the Plan. In the event of
a stock dividend,  stock split,  reverse stock split or split-up,  the Committee
shall make appropriate and proportionate adjustments in the aggregate number and
class of shares which may be delivered under the Plan, and the number, class and
option price of shares  subject to outstanding  Options  granted under the Plan,
provided that the number of shares  subject to any Option must always be a whole
number.  The Committee may make  appropriate  adjustments  in the event of other
corporate transactions.</FONT> </P>

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<P ALIGN=JUSTIFY><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Options  may only be granted to full-time  regular
salaried  employees  of the  Company  or  any  "subsidiary  corporation"  of the
Company,  as that term is defined in Section 424 of the Internal Revenue Code of
1986,  as  amended  (the  "Code")  (a  "Subsidiary  Corporation"),  who serve as
officers of the Company or a Subsidiary Corporation ("Eligible Employees").  The
Committee may determine  which of such Eligible  Employees shall receive Options
and the number of shares of Common  Stock  subject to each  Option,  taking into
account  the duties of the  respective  Eligible  Employees,  their  present and
potential  contributions  to the  success  of the  company,  the number of years
remaining in which effective service may be anticipated from them and such other
factors as it may deem relevant in connection with  accomplishing the purpose of
the Plan.  As a condition  to the grant of Options,  an Eligible  Employee  must
agree to remain  employed  with the Company or a  Subsidiary  Corporation  for a
period of two years from the date of the  Option  grant,  and that the  Optionee
will devote his entire time,  energy and skill to the Company or such Subsidiary
Corporation and the promotion of its interests, subject to vacations, sick leave
and leave of absence in accordance with the Company's practices and policies.</FONT> </P>

<P ALIGN=JUSTIFY><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Options granted under the Plan are intended to
qualify as  Incentive  Stock  Options  within the  meaning of Section 422 of the
Code,  and the terms of any  Option  granted  under the Plan must  comply in all
respects  with the  provisions of that Section and the  regulations  promulgated
thereunder. Each Option will be evidenced by an option agreement in such form as
the Committee may from time to time approve. Any such Option shall be subject to
the terms and conditions of the Plan and additional  terms and  conditions,  not
inconsistent with the Plan, that the Committee may deem desirable.</FONT> </P>

<P ALIGN=JUSTIFY><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The  purchase  price  per  share of  Common  Stock
purchasable under the Option shall be determined by the Committee, provided that
such  purchase  price  cannot be less than 100% of the fair market  value of the
share on the date of grant of the option,  and provided that such purchase price
cannot be less than  110% of the fair  market  value of the share on the date of
grant with  respect to an Option  granted to an Eligible  Employee  owning stock
that  possesses more than 10% of the voting power of all classes of stock of the
Company,  or any parent  corporation  (as  defined  in  Section  424 of the Code
("Parent  Corporation"))  or any Subsidiary  Corporation (a "10% Holder").  Fair
market  value is the mean of the  closing  bid and ask  prices of the  Company's
Common  Stock on the day the  Option is  granted  as  reported  on the  National
Association of Securities Dealers, Inc. Automated Quotation System.</FONT> </P>

<P ALIGN=JUSTIFY><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Subject  to the  provisions  of the  Plan  and the
applicable  option  agreement,  any Option may be  exercised  by the Optionee in
whole or in part at such time or times, and the Optionee may make payment of the
option price in such form or forms as the Committee shall determine,  including,
without limitation, payment by delivery of cash or shares of Common Stock having
a fair market value on the exercise date equal to the total option price,  or by
any combination of cash or shares as the Committee may specify in the applicable
Option Agreement.</FONT> </P>

<P ALIGN=JUSTIFY><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The  term of each  Option  will  be  fixed  by the
Committee in its sole  discretion,  provided  that no Option can be  exercisable
after the expiration of 10 years from its date of grant and an option granted to
a 10% Holder cannot be  exercisable  after the expiration of five years from the
date of grant.</FONT> </P>

<P ALIGN=JUSTIFY><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The  Options will be  exercisable  at such time or
times as may be  determined  by the  Committee,  provided  that no Option can be
exercisable  during the period  starting  on the date of grant and ending on the
day before the second  anniversary  date of the date of grant.  No Option may at
any time be  exercised  with  respect to a  fractional  share or with respect to
fewer than 10 shares or the remaining shares then subject to the Option, if less
than 10.  Options are only  exercisable  if the Optionee is  currently,  and has
continuously been, employed with the Company or a Subsidiary Company,  unless an
Optionee's employment is terminated due to death, permanent and total disability
(within the meaning of Section  22(e)(3) of the Code) or retirement after having
reached  an age of at least 60 years and  having at least 20 years of service as
an  employee  of  the  Company  or  any   Subsidiary   Corporation   ("Qualified
Retirement"),  all Options held by the  Optionee  shall  remain  exercisable  as
follows:</FONT> </P>

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<UL TYPE="disc">
<LI><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">
If   the  Optionee  terminates  employment  after  reaching  60 years of age and
     having  at  least  20  years  of  service,  Options  will  continue  to  be
     exercisable for three months following  termination to the extent they were
     exercisable at the time of termination, provided that the applicable Option
     Agreement may provide for acceleration of exercisablity; </FONT> </LI><BR><BR>
<LI><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">
If   the  Optionee  ceases  to  be  an  employee  due  to  permanent  and  total
     disability,  all Options held by such Optionee may be exercised at any time
     within one year following  termination to the extent they were  exercisable
     at the time of termination,  provided that the applicable  option agreement
     may provide for acceleration of exercisablity; and </FONT> </LI><BR><BR>

<LI><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">
If   the Optionee  dies,  the estate of the deceased  Optionee or the persons to
     whom  the  Options  are  transferred  by will or the  laws of  descent  and
     distribution,  or the  beneficiary  designated by the Optionee in a written
     designation filed with and approved by the Committee prior to death may, at
     any time within six months after the date of death exercise the Options, to
     the extent they were exercisable at the time of termination,  provided that
     the applicable option agreement may provide for acceleration of exercisablity.</FONT> </LI>
</UL>

<P ALIGN=JUSTIFY><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The aggregate fair market value of the shares with
respect to which Options held by any Optionee are exercisable for the first time
by such  Optionee  during any  calendar  year under the Plan and under any other
plans of the Company,  or any Parent  Corporation or Subsidiary  Corporation may
not exceed $100,000 or, if different, the maximum in effect under Section 422 of
the Code and any regulations  thereunder.  If this limit is exceeded as a result
of an  acceleration  of an  Option's  exercisability  as  provided  for  in  the
applicable option agreement on account of permanent and total disability,  death
or Qualified Retirement, the Optionee's otherwise valid options will not fail to
be valid and exercisable,  provided that to the extent the aggregate fair market
value of the shares with respect to which such Options are  exercisable  for the
first time by the Optionee in any calendar  year (under all plans of the Company
or any Parent Corporation or Subsidiary  Corporation)  exceeds $100,000,  or the
limit then in effect under Section 422 of the Code, the amount in excess of such
limit will be treated as non-qualified  stock options and the amount at or below
such limit will be treated as Incentive Stock Options.</FONT> </P>

<P ALIGN=JUSTIFY><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The  Options are not assignable or transferable by
the Optionee, otherwise than by will or by the laws of descent and distribution,
provided  that an Optionee may  designate a  beneficiary  to exercise the Option
after the  Optionee's  death  pursuant to a written  designation  of beneficiary
filed with and approved by the Committee prior to the Optionee's death.</FONT> </P>

<P><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">
<B>Item 5.  Interests of Named Experts and Counsel</B></FONT> </P>

<P ALIGN=JUSTIFY><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Not applicable.</FONT> </P>

<P><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">
<B>Item 6.  Indemnification of Directors and Officers</B></FONT> </P>

<P ALIGN=JUSTIFY><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; In accordance with Section 355 of the General and
Business Corporation Law of the State of Missouri,  Article IX, Section 4 of the
Company's Bylaws provides as follows:</FONT> </P>


<P ALIGN=JUSTIFY><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section 4. &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
Indemnification of Directors and Officers.</FONT> </P>

<OL>
   <FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt"><LI>
Any  person  who was or is a party  or is  threatened  to be made a party to any
     threatened,  pending or completed action, suit or proceeding whether civil,
     criminal,  administrative  or investigative  (other than an action by or in
     the  right of the  Corporation)  by  reason of the fact that he is or was a
     director,  officer or employee of the Corporation,  or is or was serving at
     the  request of the  Corporation  as a  director,  officer or  employee  of
     another corporation,  partnership, joint venture, trust or other enterprise
     (which  shall  be  deemed  to  include  any  employee  benefit  plan of the
     Corporation or any other corporation) shall be indemnified against expenses
     (including  attorneys'  fees),   judgments,   fines  and  amounts  paid  in
     settlement  (which shall include any excise taxes assessed against a person
     with respect to an employee benefit plan) actually and reasonably  incurred
     by him in connection  with such action,  suit or proceeding so long as: (a)
     such indemnification is permissible under applicable  provisions of law and
     regulations  ; and (b) the  results  of an  investigation  of the matter as
     described in Section 5 includes a finding under the provisions of Section 5
     that he acted in good faith and in a manner he reasonably believed to be in
     or not opposed to the best interests of the Corporation or the participants
     or  beneficiaries  of any employee  benefit plan,  and, with respect to any
     criminal  action or  proceeding,  had no  reasonable  cause to believe  his
     conduct  was   unlawful.</FONT></LI><BR><BR>

<P ALIGN=CENTER><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">
4</FONT></P>
<FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:8pt">1157742v1 </FONT>
<p Style='page-break-before:always'>

<FONT FACE="Arial, Helvetica, Sans-Serif"  STYLE="font-size:10pt">
<LI>
Any  person  who was or is a party  or is  threatened  to be made a party to any
     threatened,  pending or completed  action or suit by or in the right of the
     Corporation  to procure a judgment  in its favor by reason of the fact that
     he is or was a director,  officer or employee of the Corporation,  or is or
     was serving at the  request of the  Corporation  as a director,  officer or
     employee of another corporation, partnership, joint venture, trust or other
     enterprise  (which shall be deemed to include any employee  benefit plan of
     the  Corporation or any other  corporation)  shall be  indemnified  against
     expenses (including  attorneys' fees) and amounts paid in settlement (which
     shall include any excise taxes assessed against a person with respect to an
     employee  benefit  plan)  actually  and  reasonably   incurred  by  him  in
     connection  with the defense or settlement of the action or suit so long as
     (a) such indemnification is permissible under applicable  provisions of law
     and  regulations;  and (b) the results of an investigation of the matter as
     described in Section 5 includes a finding under the provisions of Section 5
     that he acted in good faith and in a manner he reasonably believed to be in
     or not opposed to the best interests of the Corporation or the participants
     or  beneficiaries  of any employee  benefit plan;  provided however that no
     such indemnification shall be made in respect of any claim, issue or matter
     as to  which  such  person  shall  have  been  adjudged  to be  liable  for
     negligence  or  misconduct  in the  performance  of his or her  duty to the
     Corporation  unless  and only to the  extent  that the  court in which  the
     action or suit was brought  determines upon application  that,  despite the
     adjudication of liability and in view of all the circumstances of the case,
     that the person is fairly and  reasonably  entitled to  indemnity  for such
     expenses which the court shall deem proper. </FONT> </LI><BR><BR>

<FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">
<LI>
The  termination  of  any  action,  suit,  or  proceeding  by  judgment,  order,
     settlement,   conviction,  or  upon  a  plea  of  nolo  contendere  or  its
     equivalent,  shall not, of itself, create a presumption that the person did
     not act in good faith and in a manner which he reasonably believed to be in
     or not opposed to the best interest of the  Corporation,  and, with respect
     to any criminal action or proceeding,  had reasonable cause to believe that
     his conduct was unlawful.</FONT></LI><BR><BR>

<FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">
<LI>
Any  person who has been successful on the merits or otherwise in defense of any
     action,  suit or proceeding  referred to in Sections 1 or 2 above, shall be
     indemnified  against  expenses  (including  attorneys'  fees)  actually and
     reasonably incurred by him in connection therewith.</FONT></LI><BR><BR>

<FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">
<LI>
Except as provided in Section 4,  indemnification  of anyone under Sections - 1 or
     2,  unless  ordered by a court,  shall be made by the  Corporation  only as
     authorized in each case upon a determination  that it is proper because the
     director,  officer or employee has met the  applicable  standard of conduct
     set forth. Such a determination  shall be made by the Board of Directors by
     a majority vote of a quorum consisting of directors who were not parties to
     the action, suit or proceeding,  or if such a quorum is not obtainable,  or
     even if  obtainable,  a quorum of  disinterested  directors so directs,  by
     independent legal counsel in a written opinion, or by the shareholders.</FONT></LI><BR><BR>

<FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">
<LI>
Notwithstanding  anything  herein  to the  contrary,  no  director,  officer  or
     employee  shall be  indemnified  against any  expenses,  penalties or other
     payments incurred in an administrative proceeding or action instituted by a
     bank  regulatory  agency  to the  extent  that such  indemnification  would
     constitute a "prohibited  indemnification payment" (as such term is defined
     under  applicable  provisions  of the  Federal  Deposit  Insurance  Act and
     regulations  thereunder,  as  amended  from  time  to  time)  except  under
     circumstances  specifically permitted by such Act and regulations,  or that
     would otherwise constitute an indemnification payment that is prohibited by
     applicable provisions of law or regulations.</FONT></LI><BR><BR>

<FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">
<LI>
If   authorized by the Board of Directors and if  permissible  under  applicable
     law and  regulation,  the  Corporation  may advance the costs and  expenses
     incurred in defending a civil or criminal  action,  suit or proceeding upon
     receipt  of an  undertaking  by or on behalf of the  director,  officer  or
     employee to repay such amount if it is ultimately determined that he is not
     entitled to indemnification.</FONT></LI><BR><BR>

<FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">
<LI>
The  Corporation may purchase and maintain insurance on behalf of any person who
     is or was a director,  officer or employee of the  Corporation or is or was
     serving  at the  request  of the  Corporation  as a  director,  officer  or
     employee of another corporation, partnership, joint venture, trust or other
     enterprise  against any liability  for which it may  indemnify  such people
     under the terms of this  Article,  and  against  other  liabilities  to the
     extent permitted by applicable law and regulations.</FONT></LI><BR><BR>

<FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">
<LI>
The  indemnification  provided  for  directors,  officers  or  employees  of the
     Corporation  shall not be  deemed  exclusive  of any other  rights to which
     those  officers,  directors or employees may be entitled  under any by-law,
     agreement,  vote of shareholders or  disinterested  directors or otherwise,
     both as to actions  in his or her  official  capacity  and as to actions in
     another  capacity  while holding such office,  and shall continue as to any
     person  who  has  ceased  to be a  director,  officer  or  employee  of the
     Corporation  and shall inure to the benefit of his or her heirs,  executors
     and administrators.</FONT></LI>
</OL>

<P ALIGN=CENTER><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">
5</FONT></P>
<FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:8pt">1157742v1 </FONT>
<p Style='page-break-before:always'>

<P><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">
<B>Item 7.  Exemption from Registration Claimed</B></FONT></P>

<P ALIGN=JUSTIFY><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Not applicable.</FONT></P>

<P><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">
<B>Item 8.  Exhibits</B></FONT></P>

<TABLE CELLPADDING=0 CELLSPACING=10 BORDER=0 WIDTH=80%>
 <TR VALIGN=Top>
     <TD WIDTH=5% ALIGN=LEFT><FONT FACE="Arial, Helvetica, Sans-Serif" SIZE=2>
       &nbsp;</FONT></TD>
     <TD WIDTH=8% ALIGN=LEFT><FONT FACE="Arial, Helvetica, Sans-Serif" SIZE=2>
       4.1</FONT></TD>
     <TD WIDTH=87% ALIGN=LEFT><FONT FACE="Arial, Helvetica, Sans-Serif" SIZE=2>
       The Company's Articles of Incorporation, filed as Exhibit 3a to the
       Company's Form S-4 Registration  Statement, filed December 24, 1992
      (File No. 33-56450).</FONT></TD>
 </TR>
 <TR VALIGN=Top>
     <TD><FONT FACE="Arial, Helvetica, Sans-Serif" SIZE=2>
       &nbsp;</FONT></TD>
     <TD><FONT FACE="Arial, Helvetica, Sans-Serif" SIZE=2>
       4.2</FONT></TD>
     <TD><FONT FACE="Arial, Helvetica, Sans-Serif" SIZE=2>
       The Company's Bylaws.</FONT></TD>
 </TR>
 <TR VALIGN=Top>
     <TD><FONT FACE="Arial, Helvetica, Sans-Serif" SIZE=2>
       &nbsp;</FONT></TD>
     <TD><FONT FACE="Arial, Helvetica, Sans-Serif" SIZE=2>
       4.3</FONT></TD>
     <TD><FONT FACE="Arial, Helvetica, Sans-Serif" SIZE=2>
     Description  of Company's  Common Stock in Amendment No. 1 on Form 8 to its
     General Form for Registration of Securities on Form 10, dated March 5, 1993
     (File No. 0-4887).</FONT></TD>
 </TR>
 <TR VALIGN=Top>
     <TD><FONT FACE="Arial, Helvetica, Sans-Serif" SIZE=2>
       &nbsp;</FONT></TD>
     <TD><FONT FACE="Arial, Helvetica, Sans-Serif" SIZE=2>
       4.4</FONT></TD>
     <TD><FONT FACE="Arial, Helvetica, Sans-Serif" SIZE=2>
     UMB Financial Corporation 2002 Incentive Stock Option Plan.</FONT></TD>
 </TR>
 <TR VALIGN=Top>
     <TD><FONT FACE="Arial, Helvetica, Sans-Serif" SIZE=2>
       &nbsp;</FONT></TD>
     <TD><FONT FACE="Arial, Helvetica, Sans-Serif" SIZE=2>
       5.1</FONT></TD>
     <TD><FONT FACE="Arial, Helvetica, Sans-Serif" SIZE=2>
     Opinion of Shook, Hardy & Bacon L.L.P.</FONT></TD>
 </TR>
 <TR VALIGN=Top>
     <TD><FONT FACE="Arial, Helvetica, Sans-Serif" SIZE=2>
       &nbsp;</FONT></TD>
     <TD><FONT FACE="Arial, Helvetica, Sans-Serif" SIZE=2>
       23.1</FONT></TD>
     <TD><FONT FACE="Arial, Helvetica, Sans-Serif" SIZE=2>
     Consent   of  Shook,   Hardy  &  Bacon   L.L.P.   (contained   in   exhibit
     5.1).</FONT></TD>
 </TR>
 <TR VALIGN=Top>
     <TD><FONT FACE="Arial, Helvetica, Sans-Serif" SIZE=2>
       &nbsp;</FONT></TD>
     <TD><FONT FACE="Arial, Helvetica, Sans-Serif" SIZE=2>
       23.2</FONT></TD>
     <TD><FONT FACE="Arial, Helvetica, Sans-Serif" SIZE=2>
     Consent of Deloitte & Touche LLP.</FONT></TD>
 </TR>
 <TR VALIGN=Top>
     <TD><FONT FACE="Arial, Helvetica, Sans-Serif" SIZE=2>
       &nbsp;</FONT></TD>
     <TD><FONT FACE="Arial, Helvetica, Sans-Serif" SIZE=2>
       24</FONT></TD>
     <TD><FONT FACE="Arial, Helvetica, Sans-Serif" SIZE=2>
     Powers of Attorney (contained on signature pages hereto).</FONT></TD>
 </TR>
</TABLE>

<P><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">
<B>Item 9.  Undertakings</B></FONT></P>

<FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">
<OL TYPE="a">
 <LI>The undersigned registrant hereby undertakes as follows:</LI><BR><BR>
   <OL TYPE="1">
     <LI>To file,  during any period in which  offers or sales are being made, a
          post-effective amendment to this Registration Statement:</LI><BR><BR>
     <OL TYPE="i">
          <LI>To include  any  prospectus  required  by Section  10(a)(3) of the
          Securities  Act;</LI><BR><BR>
          <LI>To reflect in the prospectus any facts or events arising after the
               effective date of this Registration Statement (or the most recent
               post-effective  amendment thereof) which,  individually or in the
               aggregate,  represent a fundamental change in the information set
               forth in this Registration Statement; and</LI><BR><BR>
          <LI>To include any  material  information  with respect to the plan of
               distribution  not  previously   disclosed  in  this  Registration
               Statement  or any  material  change to such  information  in this
               Registration Statement;</LI><BR><BR>
     </OL>
     provided, however, that paragraphs (a)(i)(1) and (a)(i)(2) are inapplicable
     if the  information  to be included  thereunder  is  contained  in periodic
     reports  filed  with  or  furnished  to the  Commission  by the  registrant
     pursuant  to  Section  13 or  Section  15(d) of the  Exchange  Act that are
     incorporated by reference in this Registration Statement.</LI><BR><BR>
</FONT>

<P ALIGN=CENTER><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">
6</FONT></P>
<FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:8pt">1157742v1 </FONT>
<p Style='page-break-before:always'>

<FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">
     <LI>That, for the purpose of determining any liability under the Securities
          Act  of  1933,   as  amended  (the   "Securities   Act"),   each  such
          post-effective  amendment  shall be  deemed  to be a new  registration
          statement relating to the securities offered therein, and the offering
          of such securities at that time shall be deemed to be the initial bona
          fide offering thereof.</LI><BR><BR>

     <LI>To remove from registration by means of a post-effective  amendment any
          of  the  securities  being  registered  which  remain  unsold  at  the
          termination of the offering.</LI><BR><BR>
</OL>
<LI>The  undersigned   registrant   hereby  undertakes  that,  for  purposes  of
     determining  any  liability  under the  Securities  Act, each filing of the
     registrant's  annual  report  pursuant to Section 13(a) or Section 15(d) of
     the Exchange Act (and, where applicable, each filing of an employee benefit
     plan's annual report pursuant to Section 15(d) of the Exchange Act) that is
     incorporated by reference in the Registration  Statement shall be deemed to
     be a new registration statement relating to the securities offered therein,
     and the offering of such  securities at that time shall be deemed to be the
     initial bona fide offering thereof.</LI><BR><BR>

<LI>Insofar as indemnification  for liabilities arising under the Securities Act
     may be permitted to  directors,  officers  and  controlling  persons of the
     registrant  pursuant  to  the  foregoing  provisions,   or  otherwise,  the
     registrant  has been  advised  that in the opinion of the  Commission  such
     indemnification is against public policy as expressed in the Securities Act
     and  is,  therefore,   unenforceable.   In  the  event  that  a  claim  for
     indemnification  against  such  liabilities  (other than the payment by the
     registrant  of  expenses  incurred  or  paid  by  a  director,  officer  or
     controlling  person of the  registrant  in the  successful  defense  of any
     action,  suit or  proceeding)  is  asserted  by such  director,  officer or
     controlling person in connection with the securities being registered,  the
     registrant  will,  unless in the opinion of its counsel the matter has been
     settled  by  controlling  precedent,  submit  to  a  court  of  appropriate
     jurisdiction  the question  whether such  indemnification  by it is against
     public  policy as expressed in the  Securities  Act and will be governed by
     the final adjudication of such issue.</LI><BR><BR>
</OL>
</FONT>

<P ALIGN=CENTER><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">
7</FONT></P>
<FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:8pt">1157742v1 </FONT>
<p Style='page-break-before:always'>

<H5 ALIGN="CENTER"><FONT FACE="Arial, Helvetica, Sans-Serif" >SIGNATURES</FONT></H5>

<P ALIGN=JUSTIFY><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pursuant  to the  requirements  of the  Securities
Act, UMB  Financial  Corporation  certifies  that it has  reasonable  grounds to
believe  that it meets all of the  requirements  for  filing on Form S-8 and has
duly  caused  this  Registration  Statement  to be signed  on its  behalf by the
undersigned  thereunto  duly  authorized,  in the City of Kansas City,  State of
Missouri, on December 20, 2002.</FONT></P>


<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH=80%>
<TR VALIGN="TOP">
     <TD WIDTH=70%><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">&nbsp; </FONT></TD>
     <TD WIDTH=30%><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">
UMB FINANCIAL CORPORATION<BR><BR><BR>


By:<U>&nbsp;&nbsp;&nbsp; /s/ R. Crosby Kemper, III &nbsp;&nbsp; </U> <BR>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;R. Crosby Kemper, III<BR>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Chairman of the Board and<BR>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Chief Executive Officer<BR> </FONT>
</TD></TR>
</TABLE>

<H5 ALIGN="CENTER"><FONT FACE="Arial, Helvetica, Sans-Serif" >POWER OF ATTORNEY</FONT></H5>

<P ALIGN=JUSTIFY><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;KNOW  ALL MEN BY THESE PRESENTS,  that each person
whose signature appears below constitutes and appoints R. Crosby Kemper, III his
true and lawful  attorney-in-fact and agent, with full power of substitution and
re-substitution,  for  him in  his  name,  place  and  stead,  in  any  and  all
capacities, to sign any and all amendments (including post effective amendments)
to this Registration Statement, and to file the same, with all exhibits thereto,
and all  other  documents  in  connection  therewith,  with the  Securities  and
Exchange  Commission,  granting unto said  attorney-in-fact and agent full power
and  authority  to do and  perform  each and every act and thing  requisite  and
necessary to be done,  as fully to all intents and purposes as he might or could
do in person, hereby ratifying and confirming said attorney-in-fact and agent or
his  substitute  or  substitutes  may  lawfully do or cause to be done by virtue
hereof.</FONT></P>

<P ALIGN=JUSTIFY><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pursuant to the  requirements  of the Securities  Act, this  Registration  Statement has been signed by the following
persons in the capacities and on the date indicated.</FONT></P>



<TABLE CELLPADDING=5 CELLSPACING=10 BORDER=0 WIDTH=80% ALIGN=Center>
  <TR VALIGN=MIDDLE>
     <TD WIDTH=35% ALIGN=LEFT><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">
     /s/ R. Crosby Kemper, Jr<HR COLOR="BLACK" SIZE="1">R. Crosby Kemper, Jr</FONT></TD>
     <TD WIDTH=5% ALIGN=LEFT><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">&nbsp;</FONT></TD>
     <TD WIDTH=30% ALIGN=LEFT><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">
     Senior Chairman of<BR>the Board and Director</FONT></TD>
     <TD WIDTH=35% ALIGN=LEFT><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">
     November 15, 2002</FONT></TD>
  </TR>
  <TR VALIGN=MIDDLE>
     <TD><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">
     /s/ R. Crosby Kemper, III<HR COLOR="BLACK" SIZE="1">R. Crosby Kemper III </FONT></TD>
     <TD><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">&nbsp;</FONT></TD>
     <TD><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">
     Chairman of the Board,<BR>Executive Officer and Director</FONT></TD>
     <TD><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">
     November 15, 2002</FONT></TD>
  </TR>
  <TR VALIGN=MIDDLE>
     <TD><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">
     /s/ Daniel C. Stevens<HR COLOR="BLACK" SIZE="1">Daniel C. Stevens</FONT></TD>
     <TD><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">&nbsp;</FONT></TD>
     <TD><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">
     Chief Financial Officer</FONT></TD>
     <TD><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">
     November 25, 2002</FONT></TD>
  </TR>
  <TR VALIGN=MIDDLE>
     <TD><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">
     /s/ Miriam M. Allison <HR COLOR="BLACK" SIZE="1">Miriam M. Allison</FONT></TD>
     <TD><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">&nbsp;</FONT></TD>
     <TD><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">
     Director</FONT></TD>
     <TD><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">
     November 14, 2002</FONT></TD>
  </TR>
  <TR VALIGN=MIDDLE>
     <TD><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">
     Paul D. Bartlett, Jr. <HR COLOR="BLACK" SIZE="1">Paul D. Barlett, Jr.</FONT></TD>
     <TD><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">&nbsp;</FONT></TD>
     <TD><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">
     Director</FONT></TD>
     <TD><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">
     November 14, 2002</FONT></TD>
  </TR>
  <TR VALIGN=MIDDLE>
     <TD><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">
     /s/ William L. Bishop <HR COLOR="BLACK" SIZE="1">William L. Bishop</FONT></TD>
     <TD><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">&nbsp;</FONT></TD>
     <TD><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">
     Director</FONT></TD>
     <TD><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">
     November 15, 2002</FONT></TD>
  </TR>
  <TR VALIGN=MIDDLE>
     <TD><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">
     /s/ Thomas E. Beal <HR COLOR="BLACK" SIZE="1">Thomas E. Beal</FONT></TD>
     <TD><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">&nbsp;</FONT></TD>
     <TD><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">
     Director</FONT></TD>
     <TD><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">
     November 8, 2002</FONT></TD>
  </TR>
  <TR VALIGN=MIDDLE>
     <TD><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">
     /s/ H. Alan Bell <HR COLOR="BLACK" SIZE="1">H. Alan Bell</FONT></TD>
     <TD><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">&nbsp;</FONT></TD>
     <TD><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">
     Director</FONT></TD>
     <TD><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">
     November 12, 2002</FONT></TD>
  </TR>
</TABLE>


<P ALIGN=CENTER><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">
8</FONT></P>
<FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:8pt">1157742v1 </FONT>
<p Style='page-break-before:always'>


<TABLE CELLPADDING=5 CELLSPACING=10 BORDER=0 WIDTH=80% ALIGN=Center>
  <TR VALIGN=MIDDLE>
     <TD WIDTH=35% ALIGN=LEFT><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">
     /s/ David R. Bradley, Jr.<HR COLOR="BLACK" SIZE="1">Newton A. Campbell</FONT></TD>
     <TD WIDTH=5% ALIGN=LEFT><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">&nbsp;</FONT></TD>
     <TD WIDTH=30% ALIGN=LEFT><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">
     Director</FONT></TD>
     <TD WIDTH=35% ALIGN=LEFT><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">
     November 13, 2002</FONT></TD>
  </TR>
  <TR VALIGN=MIDDLE>
     <TD><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">
     /s/ Newton A. Campbell<HR COLOR="BLACK" SIZE="1">Newton A. Campbell</FONT></TD>
     <TD><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">&nbsp;</FONT></TD>
     <TD><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">
     Director</FONT></TD>
     <TD><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">
     November 13, 2002</FONT></TD>
  </TR>
  <TR VALIGN=MIDDLE>
     <TD><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">
     &nbsp;<HR COLOR="BLACK" SIZE="1">William Terry Fuldner</FONT></TD>
     <TD><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">&nbsp;</FONT></TD>
     <TD><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">
     Director</FONT></TD>
     <TD><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">
     <HR COLOR="BLACK" SIZE="1" WIDTH="70%" ALIGN="LEFT"></FONT></TD>
  </TR>
  <TR VALIGN=MIDDLE>
     <TD><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">
     /s/ Jack T. Gentry <HR COLOR="BLACK" SIZE="1">Jack T. Gentry </FONT></TD>
     <TD><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">&nbsp;</FONT></TD>
     <TD><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">
     Director</FONT></TD>
     <TD><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">
     November 12, 2002</FONT></TD>
  </TR>
  <TR VALIGN=MIDDLE>
     <TD><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">
     /s/ Peter J. Genovese<HR COLOR="BLACK" SIZE="1">Peter J. Genovese </FONT></TD>
     <TD><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">&nbsp;</FONT></TD>
     <TD><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">
     President and Director</FONT></TD>
     <TD><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">
     November 25, 2002</FONT></TD>
  </TR>
  <TR VALIGN=MIDDLE>
     <TD><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">
     /s/ Richard Harvey<HR COLOR="BLACK" SIZE="1">Richard Harvey</FONT></TD>
     <TD><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">&nbsp;</FONT></TD>
     <TD><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">
     Director</FONT></TD>
     <TD><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">
     November 14, 2002</FONT></TD>
  </TR>
  <TR VALIGN=MIDDLE>
     <TD><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">
     /s/ C.N. Hoffman III<HR COLOR="BLACK" SIZE="1">C.N. Hoffman III</FONT></TD>
     <TD><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">&nbsp;</FONT></TD>
     <TD><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">
     Director</FONT></TD>
     <TD><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">
     November 27, 2002</FONT></TD>
  </TR>
  <TR VALIGN=MIDDLE>
     <TD><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">
     /s/ Alexander C. Kemper <HR COLOR="BLACK" SIZE="1">Alexander C. Kemper </FONT></TD>
     <TD><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">&nbsp;</FONT></TD>
     <TD><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">
     Director</FONT></TD>
     <TD><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">
     November 14, 2002</FONT></TD>
  </TR>
  <TR VALIGN=MIDDLE>
     <TD><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">
     /s/ William J. McKenna<HR COLOR="BLACK" SIZE="1">William J. McKenna</FONT></TD>
     <TD><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">&nbsp;</FONT></TD>
     <TD><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">
     Director</FONT></TD>
     <TD><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">
     November 14, 2002</FONT></TD>
  </TR>
  <TR VALIGN=MIDDLE>
     <TD><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">
     /s/ Tom J. McDaniel<HR COLOR="BLACK" SIZE="1">Tom J. McDaniel</FONT></TD>
     <TD><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">&nbsp;</FONT></TD>
     <TD><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">
     Director</FONT></TD>
     <TD><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">
     November 18, 2002</FONT></TD>
  </TR>
  <TR VALIGN=MIDDLE>
     <TD><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">
     /s/ John H. Mize, Jr.<HR COLOR="BLACK" SIZE="1">John H. Mize, Jr.</FONT></TD>
     <TD><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">&nbsp;</FONT></TD>
     <TD><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">
     Director</FONT></TD>
     <TD><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">
     November 11, 2002</FONT></TD>
  </TR>
  <TR VALIGN=MIDDLE>
     <TD><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">
     /s/ Mary Lynn Oliver<HR COLOR="BLACK" SIZE="1">Mary Lynn Oliver</FONT></TD>
     <TD><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">&nbsp;</FONT></TD>
     <TD><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">
     Director</FONT></TD>
     <TD><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">
     November 13, 2002</FONT></TD>
  </TR>
  <TR VALIGN=MIDDLE>
     <TD><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">
      /s/ Robert W. Plaster <HR COLOR="BLACK" SIZE="1">Robert W. Plaster </FONT></TD>
     <TD><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">&nbsp;</FONT></TD>
     <TD><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">
     Director</FONT></TD>
     <TD><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">
     November 26, 2002</FONT></TD>
  </TR>
  <TR VALIGN=MIDDLE>
     <TD><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">
      /s/ Kris A. Robbins  <HR COLOR="BLACK" SIZE="1">Kris A. Robbins  </FONT></TD>
     <TD><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">&nbsp;</FONT></TD>
     <TD><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">
     Director</FONT></TD>
     <TD><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">
     November 11, 2002</FONT></TD>
  </TR>
  <TR VALIGN=MIDDLE>
     <TD><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">
     &nbsp;<HR COLOR="BLACK" SIZE="1">Alan W. Rolley</FONT></TD>
     <TD><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">&nbsp;</FONT></TD>
     <TD><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">
     Director</FONT></TD>
     <TD><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">
     <HR COLOR="BLACK" SIZE="1" WIDTH="70%" ALIGN="LEFT"></FONT></TD>
  </TR>
  <TR VALIGN=MIDDLE>
     <TD><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">
     /s/ Thomas D. Sanders<HR COLOR="BLACK" SIZE="1">Thomas D. Sanders</FONT></TD>
     <TD><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">&nbsp;</FONT></TD>
     <TD><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">
     Director</FONT></TD>
     <TD><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">
     November 11, 2002</FONT></TD>
  </TR>
  <TR VALIGN=MIDDLE>
     <TD><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">
     &nbsp;<HR COLOR="BLACK" SIZE="1">L. Joshua Sosland</FONT></TD>
     <TD><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">&nbsp;</FONT></TD>
     <TD><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">
     Director</FONT></TD>
     <TD><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">
     <HR COLOR="BLACK" SIZE="1" WIDTH="70%" ALIGN="LEFT"></FONT></TD>
  </TR>
  <TR VALIGN=MIDDLE>
     <TD><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">
     /s/ Herman R. Sutherland <HR COLOR="BLACK" SIZE="1">Herman R. Sutherland </FONT></TD>
     <TD><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">&nbsp;</FONT></TD>
     <TD><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">
     Director</FONT></TD>
     <TD><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">
     November 9, 2002</FONT></TD>
  </TR>
  <TR VALIGN=MIDDLE>
     <TD><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">
     /s/ Paul Uhlmann, III  <HR COLOR="BLACK" SIZE="1">Paul Uhlmann, III </FONT></TD>
     <TD><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">&nbsp;</FONT></TD>
     <TD><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">
     Director</FONT></TD>
     <TD><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">
     November 11, 2002</FONT></TD>
  </TR>
</TABLE>

<P ALIGN=CENTER><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">
9</FONT></P>
<FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:8pt">1157742v1 </FONT>
<p Style='page-break-before:always'>


<TABLE CELLPADDING=5 CELLSPACING=10 BORDER=0 WIDTH=80% ALIGN=Center>
  <TR VALIGN=MIDDLE>
     <TD WIDTH=35% ALIGN=LEFT><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">
     /s/ E. Jack Webster, Jr.<HR COLOR="BLACK" SIZE="1">E. Jack Webster, Jr.</FONT></TD>
     <TD WIDTH=5% ALIGN=LEFT><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">&nbsp;</FONT></TD>
     <TD WIDTH=30% ALIGN=LEFT><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">
     Director</FONT></TD>
     <TD WIDTH=35% ALIGN=LEFT><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">
     November 18, 2002</FONT></TD>
  </TR>
  <TR VALIGN=MIDDLE>
     <TD><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">
     /s/ Dr. Jon Wefald <HR COLOR="BLACK" SIZE="1">Dr. Jon Wefald </FONT></TD>
     <TD><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">&nbsp;</FONT></TD>
     <TD><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">
     Director</FONT></TD>
     <TD><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">
     November 12, 2002</FONT></TD>
  </TR>
  <TR VALIGN=MIDDLE>
     <TD><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">
     /s/ John E. Williams<HR COLOR="BLACK" SIZE="1">John E. Williams</FONT></TD>
     <TD><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">&nbsp;</FONT></TD>
     <TD><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">
     Director</FONT></TD>
     <TD><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">
     November 27, 2002</FONT></TD>
  </TR>
  <TR VALIGN=MIDDLE>
     <TD><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">
     /s/ Thomas J. Wood, III<HR COLOR="BLACK" SIZE="1">Thomas J. Wood, III</FONT></TD>
     <TD><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">&nbsp;</FONT></TD>
     <TD><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">
     Director</FONT></TD>
     <TD><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">
     November 11, 2002</FONT></TD>
  </TR>
</TABLE>

<P ALIGN=CENTER><FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:10pt">
10</FONT></P>
<FONT FACE="Arial, Helvetica, Sans-Serif" STYLE="font-size:8pt">1157742v1 </FONT>
<p Style='page-break-before:always'>

<H5 ALIGN="CENTER"><FONT FACE="Arial, Helvetica, Sans-Serif" >
                            UMB FINANCIAL CORPORATION<BR><BR>
                                    FORM S-8<BR><BR>
                                  EXHIBIT INDEX
<HR COLOR="BLACK" SIZE="1" WIDTH="20%">
</FONT></H5>



<TABLE CELLPADDING=0 CELLSPACING=5 BORDER=0 ALIGN=Center WIDTH=80%>
 <TR VALIGN=Bottom>
     <TH ALIGN=LEFT><FONT FACE="Arial, Helvetica, Sans-Serif" SIZE=2>No.<HR COLOR="BLACK" SIZE="1" WIDTH="50%" ALIGN="LEFT"></FONT></TH>
     <TH ALIGN=LEFT><FONT FACE="Arial, Helvetica, Sans-Serif" SIZE=2>Description<HR COLOR="BLACK" SIZE="1" WIDTH="20%"ALIGN="LEFT"></FONT></TH>
     <TH ALIGN=LEFT><FONT FACE="Arial, Helvetica, Sans-Serif" SIZE=2>Sequential Page Number<HR COLOR="BLACK" SIZE="1" WIDTH="80%"ALIGN="LEFT"></FONT></TH>
 </TR>
 <TR VALIGN=Top>
     <TD WIDTH=12% ALIGN=LEFT><FONT FACE="Arial, Helvetica, Sans-Serif" SIZE=2>
       4.1*</FONT></TD>
     <TD WIDTH=70% ALIGN=LEFT><FONT FACE="Arial, Helvetica, Sans-Serif" SIZE=2>
       The Company's Articles of Incorporation.</FONT></TD>
     <TD WIDTH=28% ALIGN=LEFT><FONT FACE="Arial, Helvetica, Sans-Serif" SIZE=2>&nbsp;</FONT></TD>
 </TR>
 <TR VALIGN=Top>
     <TD><FONT FACE="Arial, Helvetica, Sans-Serif" SIZE=2>
       4.2</FONT></TD>
     <TD><FONT FACE="Arial, Helvetica, Sans-Serif" SIZE=2>
       The Company's Bylaws.</FONT></TD>
     <TD><FONT FACE="Arial, Helvetica, Sans-Serif" SIZE=2>&nbsp;</FONT></TD>
 </TR>
 <TR VALIGN=Top>
     <TD><FONT FACE="Arial, Helvetica, Sans-Serif" SIZE=2>
       4.3*</FONT></TD>
     <TD><FONT FACE="Arial, Helvetica, Sans-Serif" SIZE=2>
       Description of Company's Common Stock in Amendment No. 1
         on Form 8 to its General Form for Registration of Securities on Form 10,
         dated March 5, 1993 (File No. 0-4887).</FONT></TD>
     <TD><FONT FACE="Arial, Helvetica, Sans-Serif" SIZE=2>&nbsp;</FONT></TD>
 </TR>
 <TR VALIGN=Top>
     <TD><FONT FACE="Arial, Helvetica, Sans-Serif" SIZE=2>
       4.4</FONT></TD>
     <TD><FONT FACE="Arial, Helvetica, Sans-Serif" SIZE=2>
       2002 Incentive Stock Option Plan, filed concurrently with this document.</FONT></TD>
     <TD><FONT FACE="Arial, Helvetica, Sans-Serif" SIZE=2>&nbsp;</FONT></TD>
 </TR>
 <TR VALIGN=Top>
     <TD><FONT FACE="Arial, Helvetica, Sans-Serif" SIZE=2>
       5.1</FONT></TD>
     <TD><FONT FACE="Arial, Helvetica, Sans-Serif" SIZE=2>
       Opinion of Shook, Hardy & Bacon L.L.P.</FONT></TD>
     <TD><FONT FACE="Arial, Helvetica, Sans-Serif" SIZE=2>&nbsp;</FONT></TD>
 </TR>
 <TR VALIGN=Top>
     <TD><FONT FACE="Arial, Helvetica, Sans-Serif" SIZE=2>
       23.1</FONT></TD>
     <TD><FONT FACE="Arial, Helvetica, Sans-Serif" SIZE=2>
       Consent of Shook, Hardy & Bacon L.L.P. (contained in exhibit 5.1).</FONT></TD>
     <TD><FONT FACE="Arial, Helvetica, Sans-Serif" SIZE=2>&nbsp;</FONT></TD>
 </TR>
 <TR VALIGN=Top>
     <TD><FONT FACE="Arial, Helvetica, Sans-Serif" SIZE=2>
       23.2</FONT></TD>
     <TD><FONT FACE="Arial, Helvetica, Sans-Serif" SIZE=2>
       Consent of Deloitte & Touche LLP.</FONT></TD>
     <TD><FONT FACE="Arial, Helvetica, Sans-Serif" SIZE=2>&nbsp;</FONT></TD>
 </TR>
 <TR VALIGN=Top>
     <TD><FONT FACE="Arial, Helvetica, Sans-Serif" SIZE=2>
       24.</FONT></TD>
     <TD><FONT FACE="Arial, Helvetica, Sans-Serif" SIZE=2>
       Powers of Attorney (contained on signature pages hereto).
     <TD><FONT FACE="Arial, Helvetica, Sans-Serif" SIZE=2>&nbsp;</FONT></TD>
 </TR>

 <TR VALIGN=Top>
     <TD><FONT FACE="Arial, Helvetica, Sans-Serif" SIZE=1>
       <HR COLOR="BLACK" SIZE="1" ALIGN="LEFT">
       *&nbsp;&nbsp;&nbsp;    Previously Filed</FONT></TD>
     <TD><FONT FACE="Arial, Helvetica, Sans-Serif" SIZE=2>
       &nbsp;</TD>
     <TD><FONT FACE="Arial, Helvetica, Sans-Serif" SIZE=2>&nbsp;</FONT></TD>
 </TR>
</TABLE>

</BODY>
</HTML>
[{"type": "S-8", "sequence": "1", "filename": "umbfcs8-1202.htm", "description": "UMBFC S-8 FILING  12-2002", "secsgml_size_bytes": 63921}]
{"company-data": {"conformed-name": "UMB FINANCIAL CORP", "cik": "0000101382", "assigned-sic": "6021", "irs-number": "430903811", "state-of-incorporation": "MO", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "S-8", "act": "33", "file-number": "333-102044", "film-number": "02864688"}, "business-address": {"street1": "1010 GRAND AVE", "city": "KANSAS CITY", "state": "MO", "zip": "64106", "phone": "8168607000"}, "mail-address": {"street1": "1010 GRAND AVE", "city": "KANSAS CITY", "state": "MO", "zip": "64106"}, "former-company": [{"former-conformed-name": "MISSOURI BANCSHARES INC", "date-changed": "19710915"}, {"former-conformed-name": "UNITED MISSOURI BANCSHARES INC", "date-changed": "19920703"}]}
UMB Financial Corporation S8 - December, 2002
As filed with the Securities and Exchange Commission on December __, 2002.
Registration No. _____________
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM S-8
REGISTRATION STATEMENT
Under
The Securities Act of 1933
UMB FINANCIAL CORPORATION
(Exact name of registrant as specified in its charter)
Missouri
43-0903811
(State or other jurisdiction of incorporation or organization)
(I.R.S. Employer Identification No.)
1010 Grand Avenue, Kansas City, Missouri
64106
(Address of Principal Executive Offices)
(Zip Code)
UMB FINANCIAL CORPORATION 2002 INCENTIVE STOCK OPTION PLAN
(Full title of the plan)
John C. Pauls, Esq.
UMB Financial Corporation
1010 Grand Avenue
Kansas City, Missouri 64106
(Name and address of agent for service)
(816) 860-7000
(Telephone number, including area code, of agent for service)
Please send copies of all correspondence to:
Craig L. Evans, Esq.
Shook, Hardy & Bacon LLP
1010 Grand Avenue, 5th Floor
Kansas City, Missouri 64106
(816) 474-6550
CALCULATION OF REGISTRATION FEE
Title of securities to be registered
Amount to be registered
Proposed maximum offering price per share(1)
Proposed maximum aggregate offering price(1)
Amount of registration fee
Common Stock, $1.00 par value .......
1,000,000 (2)
$37.96
$37,960,000
$3,492
Stock Options issued under Plan .......
1,000,000 (2)
The amount of the registration fee is estimated in accordance with Section
6(b) of the Securities Act of 1933, as amended, and paragraph (h)(1) of Rule
457. The price at which 1,000,000 options may be exercised is not known at the
time of filing this Registration Statement. The high and low prices of the
Registrant's Common Stock on December 16, 2002, as reported by NASDAQ National
Market System were $38.42 and $37.50, respectively.
The provisions of Rule 416 shall apply to this registration statement and
the number of shares registered on this registration statement automatically
shall increase or decrease as a result of stock splits, stock dividends or
similar transactions.
1157742v1
PART I
INFORMATION REQUIRED IN THE SECTION 10(A) PROSPECTUS
The document(s) containing
the  information  specified  in Part I will be sent or  given  to  employees  as
specified  by Rule  428(b)(1).  Such  documents  are not  being  filed  with the
Securities and Exchange Commission either as part of this Registration Statement
or as  prospectuses  or  prospectus  supplements  pursuant  to  Rule  424.  Such
documents  and the  documents  incorporated  by reference  in this  Registration
Statement pursuant to Item 3 of Part II of this Form, taken together, constitute
a prospectus that meets the requirements of Section 10(a) of the Securities Act.
PART II
INFORMATION REQUIRED IN THE REGISTRATION STATEMENT
Item 3. Incorporation of Documents by Reference
The  following  documents  heretofore filed by UMB
Financial   Corporation   (the  "Company")  with  the  Securities  and  Exchange
Commission (the "Commission") are
incorporated herein by reference:
Annual Report on Form 10-K for the fiscal year ended December 31, 2001, SEC File
No. 0-4887;
Quarterly  Report on Form 10-Q for the quarters  ended March 31, 2001,  June 30,
2002, and September 30, 2002;
Current Report on Form 8-K filed on April 29, 2002; and
The  description of the Company's  Common Stock  contained in Amendment No. 1 on
Form 8 to its General Form for Registration of Securities on Form 10, date March
5, 1993 (File No. 0-4887,  filed under Section 12 of the Securities Exchange Act
of 1934, as amended (the "Exchange Act")).
All  documents  subsequently  filed by the Company
pursuant to Sections 13(a),  13(c), 14 or 15(d) of the Exchange Act prior to the
filing of a post-effective amendment which indicates that all securities offered
hereby have been sold or which deregisters all securities then remaining unsold,
shall be deemed incorporated by reference in this Registration  Statement and to
be part thereof from the date of filing of such documents.
Item 4.  Description of Securities
Pursuant   to  this  Registration  Statement,  the
Company is registering the Stock Options (the  "Options")  granted under the UMB
Financial  Corporation  2002 Incentive Stock Option Plan (the "Plan"),  together
with the Common Stock issued upon exercise of such Options. The Options have not
been registered under Section 12 of the Exchange Act.
The  Options will be granted pursuant to the terms
of the Plan. The Plan is administered  by the Officers'  Salary and Stock Option
Committee of the Board of Directors,  or such other committee  designated by the
Board  (the  "Committee").  The  Committee  has the power and  authority  to (a)
designate  recipients  of Options  ("Optionees"),  (b)  determine  the number of
shares of Common  Stock to be covered by each  Option,  the option price and the
term of the option,  (c) determine the terms and  conditions,  which need not be
identical,  of each Option and prepare or cause to be  prepared  the  respective
option  agreements,   (d)  determine  whether,   to  what  extent,   under  what
circumstances,  and by what method or methods Options may be settled, exercised,
canceled,  forfeited or suspended,  (e) interpret and  administer  the Plan, any
option  agreement and any instrument or agreement  relating to any Option or the
Plan,  (f) establish,  amend,  suspend or waive such rules and  regulations  and
appoint such agents as it deems appropriate for the proper administration of the
Plan,  and (g) make any other  determination  and take any other action that the
Committee deems necessary or desirable for administration of the Plan.
The  Plan provides that Options may be granted for
the  purchase of up to 1,000,000  shares of the Common Stock of the Company.  If
any Option granted pursuant to the Plan expires,  terminates or is forfeited for
any reason  during the term of the Plan without  having been  exercised in full,
any  shares of  Common  Stock not  purchased  under  such  Option  shall  become
available for other Options which may be granted under the Plan. In the event of
a stock dividend,  stock split,  reverse stock split or split-up,  the Committee
shall make appropriate and proportionate adjustments in the aggregate number and
class of shares which may be delivered under the Plan, and the number, class and
option price of shares  subject to outstanding  Options  granted under the Plan,
provided that the number of shares  subject to any Option must always be a whole
number.  The Committee may make  appropriate  adjustments  in the event of other
corporate transactions.
2
1157742v1
Options  may only be granted to full-time  regular
salaried  employees  of the  Company  or  any  "subsidiary  corporation"  of the
Company,  as that term is defined in Section 424 of the Internal Revenue Code of
1986,  as  amended  (the  "Code")  (a  "Subsidiary  Corporation"),  who serve as
officers of the Company or a Subsidiary Corporation ("Eligible Employees").  The
Committee may determine  which of such Eligible  Employees shall receive Options
and the number of shares of Common  Stock  subject to each  Option,  taking into
account  the duties of the  respective  Eligible  Employees,  their  present and
potential  contributions  to the  success  of the  company,  the number of years
remaining in which effective service may be anticipated from them and such other
factors as it may deem relevant in connection with  accomplishing the purpose of
the Plan.  As a condition  to the grant of Options,  an Eligible  Employee  must
agree to remain  employed  with the Company or a  Subsidiary  Corporation  for a
period of two years from the date of the  Option  grant,  and that the  Optionee
will devote his entire time,  energy and skill to the Company or such Subsidiary
Corporation and the promotion of its interests, subject to vacations, sick leave
and leave of absence in accordance with the Company's practices and policies.
The Options granted under the Plan are intended to
qualify as  Incentive  Stock  Options  within the  meaning of Section 422 of the
Code,  and the terms of any  Option  granted  under the Plan must  comply in all
respects  with the  provisions of that Section and the  regulations  promulgated
thereunder. Each Option will be evidenced by an option agreement in such form as
the Committee may from time to time approve. Any such Option shall be subject to
the terms and conditions of the Plan and additional  terms and  conditions,  not
inconsistent with the Plan, that the Committee may deem desirable.
The  purchase  price  per  share of  Common  Stock
purchasable under the Option shall be determined by the Committee, provided that
such  purchase  price  cannot be less than 100% of the fair market  value of the
share on the date of grant of the option,  and provided that such purchase price
cannot be less than  110% of the fair  market  value of the share on the date of
grant with  respect to an Option  granted to an Eligible  Employee  owning stock
that  possesses more than 10% of the voting power of all classes of stock of the
Company,  or any parent  corporation  (as  defined  in  Section  424 of the Code
("Parent  Corporation"))  or any Subsidiary  Corporation (a "10% Holder").  Fair
market  value is the mean of the  closing  bid and ask  prices of the  Company's
Common  Stock on the day the  Option is  granted  as  reported  on the  National
Association of Securities Dealers, Inc. Automated Quotation System.
Subject  to the  provisions  of the  Plan  and the
applicable  option  agreement,  any Option may be  exercised  by the Optionee in
whole or in part at such time or times, and the Optionee may make payment of the
option price in such form or forms as the Committee shall determine,  including,
without limitation, payment by delivery of cash or shares of Common Stock having
a fair market value on the exercise date equal to the total option price,  or by
any combination of cash or shares as the Committee may specify in the applicable
Option Agreement.
The  term of each  Option  will  be  fixed  by the
Committee in its sole  discretion,  provided  that no Option can be  exercisable
after the expiration of 10 years from its date of grant and an option granted to
a 10% Holder cannot be  exercisable  after the expiration of five years from the
date of grant.
The  Options will be  exercisable  at such time or
times as may be  determined  by the  Committee,  provided  that no Option can be
exercisable  during the period  starting  on the date of grant and ending on the
day before the second  anniversary  date of the date of grant.  No Option may at
any time be  exercised  with  respect to a  fractional  share or with respect to
fewer than 10 shares or the remaining shares then subject to the Option, if less
than 10.  Options are only  exercisable  if the Optionee is  currently,  and has
continuously been, employed with the Company or a Subsidiary Company,  unless an
Optionee's employment is terminated due to death, permanent and total disability
(within the meaning of Section  22(e)(3) of the Code) or retirement after having
reached  an age of at least 60 years and  having at least 20 years of service as
an  employee  of  the  Company  or  any   Subsidiary   Corporation   ("Qualified
Retirement"),  all Options held by the  Optionee  shall  remain  exercisable  as
follows:
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1157742v1
If   the  Optionee  terminates  employment  after  reaching  60 years of age and
     having  at  least  20  years  of  service,  Options  will  continue  to  be
     exercisable for three months following  termination to the extent they were
     exercisable at the time of termination, provided that the applicable Option
     Agreement may provide for acceleration of exercisablity;
If   the  Optionee  ceases  to  be  an  employee  due  to  permanent  and  total
     disability,  all Options held by such Optionee may be exercised at any time
     within one year following  termination to the extent they were  exercisable
     at the time of termination,  provided that the applicable  option agreement
     may provide for acceleration of exercisablity; and
If   the Optionee  dies,  the estate of the deceased  Optionee or the persons to
     whom  the  Options  are  transferred  by will or the  laws of  descent  and
     distribution,  or the  beneficiary  designated by the Optionee in a written
     designation filed with and approved by the Committee prior to death may, at
     any time within six months after the date of death exercise the Options, to
     the extent they were exercisable at the time of termination,  provided that
     the applicable option agreement may provide for acceleration of exercisablity.
The aggregate fair market value of the shares with
respect to which Options held by any Optionee are exercisable for the first time
by such  Optionee  during any  calendar  year under the Plan and under any other
plans of the Company,  or any Parent  Corporation or Subsidiary  Corporation may
not exceed $100,000 or, if different, the maximum in effect under Section 422 of
the Code and any regulations  thereunder.  If this limit is exceeded as a result
of an  acceleration  of an  Option's  exercisability  as  provided  for  in  the
applicable option agreement on account of permanent and total disability,  death
or Qualified Retirement, the Optionee's otherwise valid options will not fail to
be valid and exercisable,  provided that to the extent the aggregate fair market
value of the shares with respect to which such Options are  exercisable  for the
first time by the Optionee in any calendar  year (under all plans of the Company
or any Parent Corporation or Subsidiary  Corporation)  exceeds $100,000,  or the
limit then in effect under Section 422 of the Code, the amount in excess of such
limit will be treated as non-qualified  stock options and the amount at or below
such limit will be treated as Incentive Stock Options.
The  Options are not assignable or transferable by
the Optionee, otherwise than by will or by the laws of descent and distribution,
provided  that an Optionee may  designate a  beneficiary  to exercise the Option
after the  Optionee's  death  pursuant to a written  designation  of beneficiary
filed with and approved by the Committee prior to the Optionee's death.
Item 5.  Interests of Named Experts and Counsel
Not applicable.
Item 6.  Indemnification of Directors and Officers
In accordance with Section 355 of the General and
Business Corporation Law of the State of Missouri,  Article IX, Section 4 of the
Company's Bylaws provides as follows:
Section 4.      
Indemnification of Directors and Officers.
Any  person  who was or is a party  or is  threatened  to be made a party to any
     threatened,  pending or completed action, suit or proceeding whether civil,
     criminal,  administrative  or investigative  (other than an action by or in
     the  right of the  Corporation)  by  reason of the fact that he is or was a
     director,  officer or employee of the Corporation,  or is or was serving at
     the  request of the  Corporation  as a  director,  officer or  employee  of
     another corporation,  partnership, joint venture, trust or other enterprise
     (which  shall  be  deemed  to  include  any  employee  benefit  plan of the
     Corporation or any other corporation) shall be indemnified against expenses
     (including  attorneys'  fees),   judgments,   fines  and  amounts  paid  in
     settlement  (which shall include any excise taxes assessed against a person
     with respect to an employee benefit plan) actually and reasonably  incurred
     by him in connection  with such action,  suit or proceeding so long as: (a)
     such indemnification is permissible under applicable  provisions of law and
     regulations  ; and (b) the  results  of an  investigation  of the matter as
     described in Section 5 includes a finding under the provisions of Section 5
     that he acted in good faith and in a manner he reasonably believed to be in
     or not opposed to the best interests of the Corporation or the participants
     or  beneficiaries  of any employee  benefit plan,  and, with respect to any
     criminal  action or  proceeding,  had no  reasonable  cause to believe  his
     conduct  was   unlawful.
4
1157742v1
Any  person  who was or is a party  or is  threatened  to be made a party to any
     threatened,  pending or completed  action or suit by or in the right of the
     Corporation  to procure a judgment  in its favor by reason of the fact that
     he is or was a director,  officer or employee of the Corporation,  or is or
     was serving at the  request of the  Corporation  as a director,  officer or
     employee of another corporation, partnership, joint venture, trust or other
     enterprise  (which shall be deemed to include any employee  benefit plan of
     the  Corporation or any other  corporation)  shall be  indemnified  against
     expenses (including  attorneys' fees) and amounts paid in settlement (which
     shall include any excise taxes assessed against a person with respect to an
     employee  benefit  plan)  actually  and  reasonably   incurred  by  him  in
     connection  with the defense or settlement of the action or suit so long as
     (a) such indemnification is permissible under applicable  provisions of law
     and  regulations;  and (b) the results of an investigation of the matter as
     described in Section 5 includes a finding under the provisions of Section 5
     that he acted in good faith and in a manner he reasonably believed to be in
     or not opposed to the best interests of the Corporation or the participants
     or  beneficiaries  of any employee  benefit plan;  provided however that no
     such indemnification shall be made in respect of any claim, issue or matter
     as to  which  such  person  shall  have  been  adjudged  to be  liable  for
     negligence  or  misconduct  in the  performance  of his or her  duty to the
     Corporation  unless  and only to the  extent  that the  court in which  the
     action or suit was brought  determines upon application  that,  despite the
     adjudication of liability and in view of all the circumstances of the case,
     that the person is fairly and  reasonably  entitled to  indemnity  for such
     expenses which the court shall deem proper.
The  termination  of  any  action,  suit,  or  proceeding  by  judgment,  order,
     settlement,   conviction,  or  upon  a  plea  of  nolo  contendere  or  its
     equivalent,  shall not, of itself, create a presumption that the person did
     not act in good faith and in a manner which he reasonably believed to be in
     or not opposed to the best interest of the  Corporation,  and, with respect
     to any criminal action or proceeding,  had reasonable cause to believe that
     his conduct was unlawful.
Any  person who has been successful on the merits or otherwise in defense of any
     action,  suit or proceeding  referred to in Sections 1 or 2 above, shall be
     indemnified  against  expenses  (including  attorneys'  fees)  actually and
     reasonably incurred by him in connection therewith.
Except as provided in Section 4,  indemnification  of anyone under Sections - 1 or
     2,  unless  ordered by a court,  shall be made by the  Corporation  only as
     authorized in each case upon a determination  that it is proper because the
     director,  officer or employee has met the  applicable  standard of conduct
     set forth. Such a determination  shall be made by the Board of Directors by
     a majority vote of a quorum consisting of directors who were not parties to
     the action, suit or proceeding,  or if such a quorum is not obtainable,  or
     even if  obtainable,  a quorum of  disinterested  directors so directs,  by
     independent legal counsel in a written opinion, or by the shareholders.
Notwithstanding  anything  herein  to the  contrary,  no  director,  officer  or
     employee  shall be  indemnified  against any  expenses,  penalties or other
     payments incurred in an administrative proceeding or action instituted by a
     bank  regulatory  agency  to the  extent  that such  indemnification  would
     constitute a "prohibited  indemnification payment" (as such term is defined
     under  applicable  provisions  of the  Federal  Deposit  Insurance  Act and
     regulations  thereunder,  as  amended  from  time  to  time)  except  under
     circumstances  specifically permitted by such Act and regulations,  or that
     would otherwise constitute an indemnification payment that is prohibited by
     applicable provisions of law or regulations.
If   authorized by the Board of Directors and if  permissible  under  applicable
     law and  regulation,  the  Corporation  may advance the costs and  expenses
     incurred in defending a civil or criminal  action,  suit or proceeding upon
     receipt  of an  undertaking  by or on behalf of the  director,  officer  or
     employee to repay such amount if it is ultimately determined that he is not
     entitled to indemnification.
The  Corporation may purchase and maintain insurance on behalf of any person who
     is or was a director,  officer or employee of the  Corporation or is or was
     serving  at the  request  of the  Corporation  as a  director,  officer  or
     employee of another corporation, partnership, joint venture, trust or other
     enterprise  against any liability  for which it may  indemnify  such people
     under the terms of this  Article,  and  against  other  liabilities  to the
     extent permitted by applicable law and regulations.
The  indemnification  provided  for  directors,  officers  or  employees  of the
     Corporation  shall not be  deemed  exclusive  of any other  rights to which
     those  officers,  directors or employees may be entitled  under any by-law,
     agreement,  vote of shareholders or  disinterested  directors or otherwise,
     both as to actions  in his or her  official  capacity  and as to actions in
     another  capacity  while holding such office,  and shall continue as to any
     person  who  has  ceased  to be a  director,  officer  or  employee  of the
     Corporation  and shall inure to the benefit of his or her heirs,  executors
     and administrators.
5
1157742v1
Item 7.  Exemption from Registration Claimed
Not applicable.
Item 8.  Exhibits
4.1
The Company's Articles of Incorporation, filed as Exhibit 3a to the
       Company's Form S-4 Registration  Statement, filed December 24, 1992
      (File No. 33-56450).
4.2
The Company's Bylaws.
4.3
Description  of Company's  Common Stock in Amendment No. 1 on Form 8 to its
     General Form for Registration of Securities on Form 10, dated March 5, 1993
     (File No. 0-4887).
4.4
UMB Financial Corporation 2002 Incentive Stock Option Plan.
5.1
Opinion of Shook, Hardy & Bacon L.L.P.
23.1
Consent   of  Shook,   Hardy  &  Bacon   L.L.P.   (contained   in   exhibit
     5.1).
23.2
Consent of Deloitte & Touche LLP.
24
Powers of Attorney (contained on signature pages hereto).
Item 9.  Undertakings
The undersigned registrant hereby undertakes as follows:
To file,  during any period in which  offers or sales are being made, a
          post-effective amendment to this Registration Statement:
To include  any  prospectus  required  by Section  10(a)(3) of the
          Securities  Act;
To reflect in the prospectus any facts or events arising after the
               effective date of this Registration Statement (or the most recent
               post-effective  amendment thereof) which,  individually or in the
               aggregate,  represent a fundamental change in the information set
               forth in this Registration Statement; and
To include any  material  information  with respect to the plan of
               distribution  not  previously   disclosed  in  this  Registration
               Statement  or any  material  change to such  information  in this
               Registration Statement;
provided, however, that paragraphs (a)(i)(1) and (a)(i)(2) are inapplicable
     if the  information  to be included  thereunder  is  contained  in periodic
     reports  filed  with  or  furnished  to the  Commission  by the  registrant
     pursuant  to  Section  13 or  Section  15(d) of the  Exchange  Act that are
     incorporated by reference in this Registration Statement.
6
1157742v1
That, for the purpose of determining any liability under the Securities
          Act  of  1933,   as  amended  (the   "Securities   Act"),   each  such
          post-effective  amendment  shall be  deemed  to be a new  registration
          statement relating to the securities offered therein, and the offering
          of such securities at that time shall be deemed to be the initial bona
          fide offering thereof.
To remove from registration by means of a post-effective  amendment any
          of  the  securities  being  registered  which  remain  unsold  at  the
          termination of the offering.
The  undersigned   registrant   hereby  undertakes  that,  for  purposes  of
     determining  any  liability  under the  Securities  Act, each filing of the
     registrant's  annual  report  pursuant to Section 13(a) or Section 15(d) of
     the Exchange Act (and, where applicable, each filing of an employee benefit
     plan's annual report pursuant to Section 15(d) of the Exchange Act) that is
     incorporated by reference in the Registration  Statement shall be deemed to
     be a new registration statement relating to the securities offered therein,
     and the offering of such  securities at that time shall be deemed to be the
     initial bona fide offering thereof.
Insofar as indemnification  for liabilities arising under the Securities Act
     may be permitted to  directors,  officers  and  controlling  persons of the
     registrant  pursuant  to  the  foregoing  provisions,   or  otherwise,  the
     registrant  has been  advised  that in the opinion of the  Commission  such
     indemnification is against public policy as expressed in the Securities Act
     and  is,  therefore,   unenforceable.   In  the  event  that  a  claim  for
     indemnification  against  such  liabilities  (other than the payment by the
     registrant  of  expenses  incurred  or  paid  by  a  director,  officer  or
     controlling  person of the  registrant  in the  successful  defense  of any
     action,  suit or  proceeding)  is  asserted  by such  director,  officer or
     controlling person in connection with the securities being registered,  the
     registrant  will,  unless in the opinion of its counsel the matter has been
     settled  by  controlling  precedent,  submit  to  a  court  of  appropriate
     jurisdiction  the question  whether such  indemnification  by it is against
     public  policy as expressed in the  Securities  Act and will be governed by
     the final adjudication of such issue.
7
1157742v1
SIGNATURES
Pursuant  to the  requirements  of the  Securities
Act, UMB  Financial  Corporation  certifies  that it has  reasonable  grounds to
believe  that it meets all of the  requirements  for  filing on Form S-8 and has
duly  caused  this  Registration  Statement  to be signed  on its  behalf by the
undersigned  thereunto  duly  authorized,  in the City of Kansas City,  State of
Missouri, on December 20, 2002.
UMB FINANCIAL CORPORATION
By:
/s/ R. Crosby Kemper, III
R. Crosby Kemper, III
Chairman of the Board and
Chief Executive Officer
POWER OF ATTORNEY
KNOW  ALL MEN BY THESE PRESENTS,  that each person
whose signature appears below constitutes and appoints R. Crosby Kemper, III his
true and lawful  attorney-in-fact and agent, with full power of substitution and
re-substitution,  for  him in  his  name,  place  and  stead,  in  any  and  all
capacities, to sign any and all amendments (including post effective amendments)
to this Registration Statement, and to file the same, with all exhibits thereto,
and all  other  documents  in  connection  therewith,  with the  Securities  and
Exchange  Commission,  granting unto said  attorney-in-fact and agent full power
and  authority  to do and  perform  each and every act and thing  requisite  and
necessary to be done,  as fully to all intents and purposes as he might or could
do in person, hereby ratifying and confirming said attorney-in-fact and agent or
his  substitute  or  substitutes  may  lawfully do or cause to be done by virtue
hereof.
Pursuant to the  requirements  of the Securities  Act, this  Registration  Statement has been signed by the following
persons in the capacities and on the date indicated.
/s/ R. Crosby Kemper, Jr
R. Crosby Kemper, Jr
Senior Chairman of
the Board and Director
November 15, 2002
/s/ R. Crosby Kemper, III
R. Crosby Kemper III
Chairman of the Board,
Executive Officer and Director
November 15, 2002
/s/ Daniel C. Stevens
Daniel C. Stevens
Chief Financial Officer
November 25, 2002
/s/ Miriam M. Allison
Miriam M. Allison
Director
November 14, 2002
Paul D. Bartlett, Jr.
Paul D. Barlett, Jr.
Director
November 14, 2002
/s/ William L. Bishop
William L. Bishop
Director
November 15, 2002
/s/ Thomas E. Beal
Thomas E. Beal
Director
November 8, 2002
/s/ H. Alan Bell
H. Alan Bell
Director
November 12, 2002
8
1157742v1
/s/ David R. Bradley, Jr.
Newton A. Campbell
Director
November 13, 2002
/s/ Newton A. Campbell
Newton A. Campbell
Director
November 13, 2002
William Terry Fuldner
Director
/s/ Jack T. Gentry
Jack T. Gentry
Director
November 12, 2002
/s/ Peter J. Genovese
Peter J. Genovese
President and Director
November 25, 2002
/s/ Richard Harvey
Richard Harvey
Director
November 14, 2002
/s/ C.N. Hoffman III
C.N. Hoffman III
Director
November 27, 2002
/s/ Alexander C. Kemper
Alexander C. Kemper
Director
November 14, 2002
/s/ William J. McKenna
William J. McKenna
Director
November 14, 2002
/s/ Tom J. McDaniel
Tom J. McDaniel
Director
November 18, 2002
/s/ John H. Mize, Jr.
John H. Mize, Jr.
Director
November 11, 2002
/s/ Mary Lynn Oliver
Mary Lynn Oliver
Director
November 13, 2002
/s/ Robert W. Plaster
Robert W. Plaster
Director
November 26, 2002
/s/ Kris A. Robbins
Kris A. Robbins
Director
November 11, 2002
Alan W. Rolley
Director
/s/ Thomas D. Sanders
Thomas D. Sanders
Director
November 11, 2002
L. Joshua Sosland
Director
/s/ Herman R. Sutherland
Herman R. Sutherland
Director
November 9, 2002
/s/ Paul Uhlmann, III
Paul Uhlmann, III
Director
November 11, 2002
9
1157742v1
/s/ E. Jack Webster, Jr.
E. Jack Webster, Jr.
Director
November 18, 2002
/s/ Dr. Jon Wefald
Dr. Jon Wefald
Director
November 12, 2002
/s/ John E. Williams
John E. Williams
Director
November 27, 2002
/s/ Thomas J. Wood, III
Thomas J. Wood, III
Director
November 11, 2002
10
1157742v1
UMB FINANCIAL CORPORATION
FORM S-8
EXHIBIT INDEX
No.
Description
Sequential Page Number
4.1*
The Company's Articles of Incorporation.
4.2
The Company's Bylaws.
4.3*
Description of Company's Common Stock in Amendment No. 1
         on Form 8 to its General Form for Registration of Securities on Form 10,
         dated March 5, 1993 (File No. 0-4887).
4.4
2002 Incentive Stock Option Plan, filed concurrently with this document.
5.1
Opinion of Shook, Hardy & Bacon L.L.P.
23.1
Consent of Shook, Hardy & Bacon L.L.P. (contained in exhibit 5.1).
23.2
Consent of Deloitte & Touche LLP.
24.
Powers of Attorney (contained on signature pages hereto).
*       Previously Filed