Umpqua (UMPQ) Misses Q2 EPS by 3c

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Umpqua Reports Second Quarter 2018 Results

July 18, 2018 4:15 PM EDT

Net earnings of $67.8 million, or $0.31 per common shareQuarterly loan and lease growth of $379.4 million, or 8% annualized, and deposit growth of $637.7 million, or 13% annualizedOrganization simplification and design complete, results include pre-tax restructuring charges of $8.2 million

PORTLAND, Ore., July 18, 2018 (GLOBE NEWSWIRE) -- Umpqua Holdings Corporation (NASDAQ: UMPQ) (the Company) reported net earnings available to common shareholders of $67.8 million for the second quarter of 2018, compared to $77.7 million for the first quarter of 2018 and $56.8 million for the second quarter of 2017.  Earnings per diluted common share were $0.31... More