Umpqua Holdings Q4 Profit Matches Estimates - Quick Facts

(RTTNews) - Umpqua Holdings Corp. (UMPQ), parent company of Umpqua Bank and Umpqua Investments Inc., reported that its fourth-quarter net earnings available to shareholders decreased to $25.1 million, or $0.22 per share, from $27.8 million, or $0.25 per share, prior year. Operating earnings were $27.9 million, or $0.25 per share for the quarter.

On average, eight analysts polled by Thomson Reuters expected the company to report profit per share of $0.25 for the quarter. Analysts' estimates typically exclude special items.

Net interest income increased to $110.07 million, from $101.83 million, prior year. Total non-interest income was $26.78 million, compared to $46.99 million, a year ago. Analysts expected revenue of $137.08 million for the quarter.