UMPQ - Earnings announcements

Fourth Quarter 2022 Results Net income of $83 million, or $0.38 per common shareOperating net income of $99 million, or $0.46 per common share1Loan balances increased $648 million or 2.5%Deposit balances increased $249 million or 0.9%Net interest margin increased 13 basis points to 4.01%PORTLAND, Ore., Jan. 23, 2023 /PRNewswire/ --    UMPQUA REPORTS FOURTH QUARTER AND FULL-YEAR 2022 RESULTS $0.38 $83 13.53 % 13.7 % 4Q22 Net earnings per dilutedcommon share 4Q22 Net income ($ in millions) 4Q22 Return on avg tangiblecommon equity ("ROATCE")1 Total risk-based capital ratio(estima

PORTLAND, Ore., Jan. 11, 2023 /PRNewswire/ -- Umpqua Holdings Corporation (NASDAQ:UMPQ), parent company of Umpqua Bank, today announced that its board of directors has approved a quarterly cash dividend in the amount of $0.21 per common share. The dividend is payable on February 6, 2023, to shareholders of record as of January 23, 2023. Umpqua Holdings Corporation also announced it will host its fourth quarter 2022 earnings conference call on Tuesday, January 24, 2023 at 10:00 a.m. PT (1:00 p.m. ET).  During the call, the Company will provide an update on recent activities and

Third Quarter 2022 Results Net income of $84 million, or $0.39 per common shareOperating net income of $103 million, or $0.47 per common share1Loan balances increased $1.1 billion or 4.4%Deposit balances increased $685 million or 2.6%Net interest margin increased 47 basis points to 3.88%PORTLAND, Ore., Oct. 19, 2022 /PRNewswire/ -- UMPQUA REPORTS THIRD QUARTER 2022 RESULTS $0.39 $84 13.02 % 13.2 % Net earnings per dilutedcommon share Net income ($ in millions) Return on average tangible common equity ("ROATCE")1 Total risk-based capital ratio(estimated)   CEO Commentary "Stron

PORTLAND, Ore., Sept. 30, 2022 /PRNewswire/ -- Umpqua Holdings Corporation (NASDAQ:UMPQ), parent company of Umpqua Bank, today announced it will host its third quarter 2022 earnings conference call on Thursday, October 20th, 2022 at 10:00 a.m. PT (1:00 p.m. ET).  During the call, the Company will provide an update on recent activities and discuss its third quarter 2022 financial results, which are expected to be released after the market closes on October 19th, 2022.  There will be a live question-and-answer session following the presentation. Participants may register for the

Second quarter 2022 Results Net income of $78.6 million, or $0.36 per common shareOperating net income of $80.3 million, or $0.37 per common share1Loan balances increased $1.5 billion or 6.3%Deposit balances decreased $567.2 million or 2.1%Provision for credit losses of $18.7 millionPORTLAND, Ore., July 20, 2022 /PRNewswire/ --  UMPQUA REPORTS SECOND QUARTER 2022 RESULTS $0.36 $79 12.23 % 13.5 % Net earnings per dilutedcommon share Net income ($ in millions) Return on average tangiblecommon equity ("ROATCE")1 Total risk-based capital ratio(estimated)   CEO Commentary "Strong l

PORTLAND, Ore., June 30, 2022 /PRNewswire/ -- Umpqua Holdings Corporation (NASDAQ:UMPQ), parent company of Umpqua Bank, today announced that it will host its second quarter 2022 earnings conference call on Thursday, July 21st, 2022 at 10:00 a.m. PT (1:00 p.m. ET).  During the call, the Company will provide an update on recent activities and discuss its second quarter 2022 financial results, which are expected to be released after the market closes on July 20th, 2022.  There will be a live question-and-answer session following the presentation. Participants may register for the

First quarter 2022 Results Net income of $91.2 million, or $0.42 per common share Operating net income of $77.6 million, or $0.36 per common share Non-PPP loan balances increased $630.2 million or 2.8% Deposit balances increased $104.9 million or 0.4% Provision for credit losses of $4.8 million PORTLAND, Ore., April 20, 2022 /PRNewswire/ -- $0.42 $91 13.66% 14.0% Net earnings per diluted common share Net income ($ in millions) Return on average tangible common equity ("ROATCE")1 Total risk-based capital ratio (estimated)   CEO Commentary "Umpqua's first quarter results demons

PORTLAND, Ore., March 31, 2022 /PRNewswire/ -- Umpqua Holdings Corporation (NASDAQ:UMPQ), parent company of Umpqua Bank, today announced that it will host its first quarter 2022 earnings conference call on Thursday, April 21st, 2022 at 10:00 a.m. PT (1:00 p.m. ET). During the call, the Company will provide an update on recent activities and discuss its first quarter 2022 financial results, which are expected to be released after the market closes on April 20th, 2022. There will be a live question-and-answer session following the presentation. To join the call, please dial (866

PORTLAND, Ore., Jan. 19, 2022 /PRNewswire/ -- $0.41 $88 12.94% 14.3% Net earnings per diluted common share Net income ($ in millions) Return on average tangible common equity ("ROATCE")1 Total risk-based capital ratio (estimated)   CEO Commentary "Umpqua's fourth quarter results round out an outstanding year for the bank that is particularly commendable given the ongoing challenges faced by our associates, customers, and communities" said Cort O'Haver, President and CEO. "Non-PPP (Paycheck Protection Program) loan growth of $930 million marks the highest quarterly growth in

PORTLAND, Ore., Jan. 4, 2022 /PRNewswire/ -- Umpqua Holdings Corporation (NASDAQ:UMPQ), parent company of Umpqua Bank, today announced that it will host its fourth quarter 2021 earnings conference call on Thursday, January 20th, 2022 at 10:00 a.m. PT (1:00 p.m. ET).  During the call, the Company will provide an update on recent activities and discuss its fourth quarter 2021 financial results, which are expected to be released after the market closes on January 19th, 2022.  There will be a live question-and-answer session following the presentation. To join the call, please dia

PORTLAND, Ore., Oct. 20, 2021 /PRNewswire/ -- $0.49 $108 15.88% 14.9% Net earnings per diluted common share Net income ($ in millions) Return on average tangible common equity ("ROATCE")1 Total risk-based capital ratio (estimated)     CEO Commentary "Umpqua's third quarter results are highlighted by the robust non-PPP (Paycheck Protection Program) loan growth of $480 million and continued reduction of our total cost of deposits, now down to just eight basis points" said Cort O'Haver, President and CEO. "Our growth initiatives will continue as we work to execute our previously

TACOMA, Wash. and PORTLAND, Ore., Oct. 12, 2021 /PRNewswire/ -- Columbia Banking System, Inc. ("Columbia") (NASDAQ:COLB), the parent company of Columbia State Bank, and Umpqua Holdings Corporation ("Umpqua") (NASDAQ:UMPQ), the parent company of Umpqua Bank, today announced that they have entered into a definitive agreement under which the companies will join together in an all-stock combination. Under the terms of the agreement, which was unanimously approved by the boards of directors of both companies, Umpqua shareholders will receive 0.5958 of a share of Columbia stock for

PORTLAND, Ore., Oct. 5, 2021 /PRNewswire/ -- Umpqua Holdings Corporation (NASDAQ:UMPQ), parent company of Umpqua Bank, today announced that it will host its third quarter 2021 earnings conference call on Thursday, October 21st, 2021 at 10:00 a.m. PT (1:00 p.m. ET).  During the call, the Company will provide an update on recent activities and discuss its third quarter 2021 financial results, which are expected to be released after the market closes on October 20th, 2021.  There will be a live question-and-answer session following the presentation. To join the call, please dial

PORTLAND, Ore., July 21, 2021 /PRNewswire/ -- $0.53 $116 17.33% 15.4% Net earnings per diluted common share Net income ($ in millions) Return on average tangible common equity ("ROATCE")1 Total risk-based capital ratio (estimated) CEO Commentary "Umpqua's strong results this past quarter demonstrate both the company's commitment to generating long-term value for shareholders and our optimism for growth in the markets we serve. I'm very pleased to see the success of our balanced growth efforts and unique Human Digital value proposition reflected in our record growth in non-PP