Umpqua Holdings Corp. Q2 Earnings Rise

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

The company's earnings came in at $67.78 million, or $0.31 per share. This compares with $56.80 million, or $0.26 per share, in last year's second quarter.

Analysts had expected the company to earn $0.34 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

Umpqua Holdings Corp. earnings at a glance:

-Earnings (Q2): $67.78 Mln. vs. $56.80 Mln. last year. -EPS (Q2): $0.31 vs. $0.26 last year. -Analysts Estimate: $0.34