• UMB Financial average operating margin for 2023 was 22.04%, a 33.61% decline from 2022.
• UMB Financial average operating margin for 2022 was 33.2%, a 2.98% decline from 2021.
• UMB Financial average operating margin for 2021 was 34.22%, a 79.73% decline from 2020.

Operating margin can be defined as operating margin measurement of what proportion of a company's revenue is left over after paying for variable costs of production such as wages, raw materials, etc.