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Stock Market & Financial Investment News

News Breaks
March 18, 2014
07:08 EDTUMPQUmpqua Holdings downgraded at RBC Capital
As noted earlier, RBC Capital downgraded Umpqua to Sector Perform from Outperform. The firm thinks the company's core earnings outlook has weakened, and does not expect its Sterling acquisition to impact its earnings significantly until later this year. Target to $20 from $22.
News For UMPQ From The Last 14 Days
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April 22, 2015
11:00 EDTUMPQUmpqua Bank promotes David Shotwell to Chief Credit Officer
Umpqua Bank, a subsidiary of Umpqua Holdings, announced that David Shotwell will step in as the company’s Chief Credit Officer following the retirement of Mark Wardlow, effective July 1, 2015. Wardlow has been with Umpqua Bank for 11 years, serving as Executive Vice President and Chief Credit Officer since 2009.
April 15, 2015
16:21 EDTUMPQUmpqua Holdings reports Q1 EPS 21c, consensus 28c
Reports operating EPS 26c. Reports book value per share $8.88. Reports provision for loan and lease losses $13.7M. Charge-offs, net of recoveries, were $9.8M. Reports Basel III estimated total risk-based capital ratio 14.3% and estimated Tier 1 common to risk weighted assets ratio of 10.8%.

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