Umpqua (UMPQ) Tops Q2 EPS by 9c
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Financial Fact:
Net loss (gain) on other real estate owned: -14K
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Umpqua (NASDAQ: UMPQ) reported Q2 EPS of $0.53, $0.09 better than the analyst estimate of $0.44.
"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-PPP (Paycheck Protection Program) loans and increase in core bank revenue. Our brand momentum within our markets continues to build and we look forward to robust customer and talent acquisition in the quarters to come" Cort O'Haver, President and CEO of Umpqua Holdings Corporation.
For earnings history and earnings-related data on Umpqua (UMPQ) click here.
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