Umpqua Holdings Corp. Announces Advance In Q1 Bottom Line

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

The company's bottom line totaled $77.66 million, or $0.35 per share. This compares with $45.99 million, or $0.21 per share, in last year's first quarter.

Analysts had expected the company to earn $0.28 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

Umpqua Holdings Corp. earnings at a glance:

-Earnings (Q1): $77.66 Mln. vs. $45.99 Mln. last year. -EPS (Q1): $0.35 vs. $0.21 last year. -Analysts Estimate: $0.28