Umpqua Holdings Corp (UMPQ) Misses Q3 EPS by 4c
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Umpqua Reports Third Quarter 2015 Results
October 21, 2015 4:15 PM EDTOperating earnings1 of $62.1 million, or $0.28 per share
Operating results include $11.3 million in negative fair-value adjustments to mortgage servicing rights and swap instruments driven by decline in long-term rates
Strong loan and lease growth (before sales) of $469 million, or 12% annualized, and deposit growth of $322 million, or 8% annualized
Tangible book value per share1 increased by 1.8% sequentially to $9.08
PORTLAND, Ore.--(BUSINESS WIRE)-- Umpqua Holdings Corporation (NASDAQ: UMPQ) (the Company) reported net earnings available to common shareholders of... More
