Umpqua Holdings Corp. Announces 5% Gain In Q2 Earnings

(RTTNews) - Umpqua Holdings Corp. (UMPQ) reported a profit for its second quarter that increased from last year.

The company said its bottom line came in at $56.80 million, or $0.26 per share. This was up from $54.25 million, or $0.25 per share, in last year's second quarter.

Analysts had expected the company to earn $0.27 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

Umpqua Holdings Corp. earnings at a glance:

-Earnings (Q2): $56.80 Mln. vs. $54.25 Mln. last year. -Earnings Growth (Y-o-Y): 4.7% -EPS (Q2): $0.26 vs. $0.25 last year. -EPS Growth (Y-o-Y): 4.0% -Analysts Estimate: $0.27