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Umpqua Holdings Corp. Announces Rise In Q2 Profit

Umpqua Holdings Corp. (UMPQ) reported a profit for its second quarter that rose from the same period last year.

The company's earnings came in at $111.81 million, or $0.51 per share. This compares with $66.00 million, or $0.30 per share, in last year's second quarter.

Analysts had expected the company to earn $0.38 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

Umpqua Holdings Corp. earnings at a glance:

-Earnings (Q2): $111.81 Mln. vs. $66.00 Mln. last year.
-EPS (Q2): $0.51 vs. $0.30 last year.
-Analysts Estimate: $0.38

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