UMB FINANCIAL CORP — Director's Dealing 2004

May 24, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: UMB FINANCIAL CORP (UMBF)
CIK: 0000101382
Period of Report: 2004-05-21

Reporting Person: KEMPER R CROSBY III (Director, Chairman & CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-05-21	Common Stock	M	840	$22.57	Acquired	7880.00	Direct
2004-05-21	Common Stock	M	2101	$31.23	Acquired	9981.00	Direct
2004-05-21	Common Stock	M	1910	$30.34	Acquired	11891.00	Direct
2004-05-21	Common Stock	M	1940	$43.60	Acquired	13831.00	Direct
2004-05-21	Common Stock	M	2079	$38.90	Acquired	15910.00	Direct
2004-05-21	Common Stock	S	6313	$48.78	Disposed	9597.00	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2004-05-21	Stock Option (right to buy)	$22.57	M	840	Disposed	2004-11-07	Common Stock (840.00)	Direct
2004-05-21	Stock Option (right to buy)	$31.23	M	2101	Disposed	2005-11-27	Common Stock (2101.00)	Direct
2004-05-21	Stock Option (right to buy)	$30.34	M	1910	Disposed	2006-10-18	Common Stock (1910.00)	Direct
2004-05-21	Stock Option (right to buy)	$43.60	M	1940	Disposed	2007-10-08	Common Stock (1940.00)	Direct
2004-05-21	Stock Option (right to buy)	$38.90	M	2079	Disposed	2008-11-19	Common Stock (2079.00)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	199.41	Indirect
Common Stock	2178.90	Indirect
Common Stock	6162.00	Indirect

Footnotes

F1: Options vest 40% after 2 years; 60% after 3 years; 80% after 4 years; 100% after 4 years, 11 months