Umpqua Holdings Corporation operates as the holding company of Umpqua Bank that provides commercial and retail banking, and retail brokerage services. It operates through four segments: Wholesale Bank, Wealth Management, Retail Bank, and Home Lending. The company offers deposit products, including non-interest bearing checking, interest bearing checking and savings, and money market accounts, as well as certificates of deposit. It also provides loans for corporate and commercial customers, such as accounts receivable and inventory financing, multi-family and equipment loans, commercial equipment leases, international trade, real estate construction loans, permanent financing products, and small business administration program financing, as well as capital markets and treasury management services. In addition, the company offers loan products for small businesses; commercial and industrial loans; residential real estate loans for the construction, purchase, and refinancing of residential owner-occupied and rental properties; and consumer loans comprising secured and unsecured personal loans, home equity and personal lines of credit, and motor vehicle loans. Further, it provides financial planning, treasury, and cash management services; retail brokerage and investment advisory services; digital, mobile, telephone, text, and online banking services; and e-commerce services. The company serves middle market corporate, commercial, and business banking customers; individual investors; and high net worth individuals and families. As of December 31, 2020, it conducted commercial and retail banking activities at 265 locations, including 229 store locations in Oregon, Washington, California, Idaho, and Nevada. The company was founded in 1953 and is headquartered in Portland, Oregon.
IPO Year:
Exchange: NASDAQ
Website: umpquabank.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
12/15/2022 | $20.00 → $22.00 | Equal Weight → Overweight | Wells Fargo |
2/11/2022 | $23.25 | Mkt Perform | Keefe Bruyette |
1/4/2022 | $20.00 | Overweight → Equal-Weight | Wells Fargo |
10/13/2021 | $23.00 → $19.00 | Overweight → Equal-Weight | Stephens |
10/13/2021 | $22.00 → $21.00 | Buy → Hold | Truist |
7/27/2021 | $21.50 → $22.00 | Overweight | Stephens & Co. |
7/26/2021 | $22.50 | Underweight → Neutral | JP Morgan |
Wells Fargo upgraded Umpqua Holdings from Equal Weight to Overweight and set a new price target of $22.00 from $20.00 previously
Keefe Bruyette resumed coverage of Umpqua Holdings with a rating of Mkt Perform and set a new price target of $23.25
Wells Fargo downgraded Umpqua Holdings from Overweight to Equal-Weight and set a new price target of $20.00
Stephens downgraded Umpqua Holdings from Overweight to Equal-Weight and set a new price target of $19.00 from $23.00 previously
Truist downgraded Umpqua Holdings from Buy to Hold and set a new price target of $21.00 from $22.00 previously
Stephens & Co. reiterated coverage of Umpqua Holdings with a rating of Overweight and set a new price target of $22.00 from $21.50 previously
JP Morgan upgraded Umpqua Holdings from Underweight to Neutral and set a new price target of $22.50
Truist resumed coverage of Umpqua Holdings with a rating of Buy and set a new price target of $21.00 from $20.00 previously
SC 13G/A - UMPQUA HOLDINGS CORP (0001077771) (Subject)
SC 13G/A - UMPQUA HOLDINGS CORP (0001077771) (Subject)
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SC 13G/A - UMPQUA HOLDINGS CORP (0001077771) (Subject)
SC 13G/A - UMPQUA HOLDINGS CORP (0001077771) (Subject)
SC 13G/A - UMPQUA HOLDINGS CORP (0001077771) (Subject)
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SC 13G/A - UMPQUA HOLDINGS CORP (0001077771) (Subject)
SC 13G/A - UMPQUA HOLDINGS CORP (0001077771) (Subject)
Proposed New Independent Board Members Elected Stockholders Approved Reverse Split of the Company's Shares Stockholders Approve New Independent Auditor DELRAY BEACH, Fla., Dec. 05, 2022 (GLOBE NEWSWIRE) -- UpHealth, Inc. (NYSE:UPH) announces the results of its first annual stockholder meeting, held December 5, 2022, virtually. All resolutions submitted for stockholder approval were adopted, including the following: Election of three Class I directors to hold office until the 2025 annual meeting and until their respective successors are elected and qualified.Approval of reverse stock split.Ratification of the appointment of BPM LLP as independent registered public accountin
SAN FRANCISCO, CA, June 22, 2021 (GLOBE NEWSWIRE) -- Fundbox, the financial platform for small businesses, announced today that it has appointed Hilliard Terry to its Board of Directors. Mr. Terry is an experienced executive leader, corporate board member and advisor to private equity backed portfolio companies. Mr. Terry currently serves on the board of directors of Umpqua Holdings Corporation (NASDAQ:UMPQ), a financial services company. He also serves on the board of directors of Upstart Holdings, Inc. (NASDAQ:UPST), a leading artificial intelligence consumer lending platform, and on the board of TLG Acquisition One Corporation (NYSE:TLGA), a special purpose acquisition company. "H
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S-8 POS - UMPQUA HOLDINGS CORP (0001077771) (Filer)
S-8 POS - UMPQUA HOLDINGS CORP (0001077771) (Filer)
S-8 POS - UMPQUA HOLDINGS CORP (0001077771) (Filer)
S-8 POS - UMPQUA HOLDINGS CORP (0001077771) (Filer)
S-8 POS - UMPQUA HOLDINGS CORP (0001077771) (Filer)
S-8 POS - UMPQUA HOLDINGS CORP (0001077771) (Filer)
S-8 POS - UMPQUA HOLDINGS CORP (0001077771) (Filer)
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., Oct. 3, 2022 /PRNewswire/ -- Umpqua Holdings Corporation (NASDAQ:UMPQ) 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 October 28, 2022, to shareholders of record as of October 14, 2022. About Umpqua Holdings CorporationUmpqua Holdings Corporation (NASDAQ:UMPQ) is the parent company of Umpqua Bank, an Oregon-based bank recognized for its entrepreneurial approach, innovative customer experience, and distinctive banking solutions. Umpqua Bank has locations acro
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., July 20, 2022 /PRNewswire/ -- Umpqua Holdings Corporation (NASDAQ:UMPQ) 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 August 15, 2022, to shareholders of record as of August 1, 2022. About Umpqua Holdings CorporationUmpqua Holdings Corporation (NASDAQ:UMPQ) headquartered in Portland, Oregon, is the parent company of Umpqua Bank, an Oregon-based regional bank with locations across Oregon, Washington, California, Idaho and Nevada. Umpqua Bank has been recogni
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
PORTLAND, Ore., May 5, 2022 /PRNewswire/ -- Umpqua Holdings Corporation (NASDAQ:UMPQ) 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 May 27, 2022, to shareholders of record as of May 16, 2022. About Umpqua Holdings Corporation Umpqua Holdings Corporation (NASDAQ:UMPQ) is the parent company of Umpqua Bank, an Oregon-based bank recognized for its entrepreneurial approach, innovative customer experience, and distinctive banking solutions. Umpqua Bank has locations across Orego
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
NEW YORK, Feb. 23, 2023 /PRNewswire/ -- S&P SmallCap 600 constituent Columbia Banking System Inc. (NASD:COLB) will replace Umpqua Holdings Corp. (NASD:UMPQ) in the S&P MidCap 400, and Verra Mobility Corp. (NASD:VRRM) will replace Columbia Banking System in the S&P SmallCap 600 effective prior to the opening of trading on Wednesday, March 1. Columbia Banking System is acquiring Umpqua Holdings in a deal expected to be completed soon, pending final closing conditions. Post-merger, Columbia Banking System will have a market capitalization more representative of the mid-cap market space. Following is a summary of the changes that will take place prior to the open of trading on the effective date
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
TACOMA, Wash. and PORTLAND, Ore., Jan. 9, 2023 /PRNewswire/ -- Columbia Banking System, Inc. ("Columbia") (NASDAQ:COLB), the parent company of Columbia Bank, and Umpqua Holdings Corporation ("Umpqua") (NASDAQ:UMPQ), the parent company of Umpqua Bank, jointly announced that the Federal Deposit Insurance Corporation (the "FDIC") has approved the previously announced combination of the two companies. The FDIC approval was the final outstanding regulatory approval necessary to complete the combination. The merger is expected to be completed by the end of February, subject to the s
Proposed New Independent Board Members Elected Stockholders Approved Reverse Split of the Company's Shares Stockholders Approve New Independent Auditor DELRAY BEACH, Fla., Dec. 05, 2022 (GLOBE NEWSWIRE) -- UpHealth, Inc. (NYSE:UPH) announces the results of its first annual stockholder meeting, held December 5, 2022, virtually. All resolutions submitted for stockholder approval were adopted, including the following: Election of three Class I directors to hold office until the 2025 annual meeting and until their respective successors are elected and qualified.Approval of reverse stock split.Ratification of the appointment of BPM LLP as independent registered public accountin
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., Oct. 3, 2022 /PRNewswire/ -- Umpqua Holdings Corporation (NASDAQ:UMPQ) 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 October 28, 2022, to shareholders of record as of October 14, 2022. About Umpqua Holdings CorporationUmpqua Holdings Corporation (NASDAQ:UMPQ) is the parent company of Umpqua Bank, an Oregon-based bank recognized for its entrepreneurial approach, innovative customer experience, and distinctive banking solutions. Umpqua Bank has locations acro
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
Addition of five bankers accelerates capacity to support mid-size companies in Arizona PORTLAND, Ore., Sept. 8, 2022 /PRNewswire/ -- Umpqua Bank, a subsidiary of Umpqua Holdings Corporation (NASDAQ:UMPQ), today announced the expansion of its Phoenix-based middle market banking team with the addition of five new members to support its rapid growth in serving mid-size companies across Arizona. Today's announcement marks the latest development in Umpqua's Western U.S. expansion. Late last year, Umpqua hired long-time Phoenix banking leader Kevin Gillette as market director to bui
Bank hires Denver-based CRE leader Todd Grover as part of Mountain West growth strategy PORTLAND, Ore., Aug. 23, 2022 /PRNewswire/ -- Umpqua Bank, a subsidiary of Umpqua Holdings Corporation (NASDAQ:UMPQ), announced today the expansion of its commercial real estate (CRE) division into Colorado with the hiring of Todd Grover as senior vice president and market leader to lead and build the bank's Denver-based CRE team. Grover is one of Colorado's top commercial real estate leaders with more than 25 years of industry experience. According to Neil Hodge, executive vice president a