Umpqua Investments Increases Revenue, Hires 39

Umpqua Investments Inc., a retail brokerage subsidiary owned by Umpqua Holdings Corporation (NASDAQ:UMPQ), has grown significantly since January with the addition of 27 experienced financial advisers whose collective revenue exceeds $8.5 million annually. As a result of this growth, total assets under its management have increased from $1.2 billion to more than $2.4 billion in the same time frame. In addition, the firm has hired 12 experienced staff members to provide the high level of personalized customer service people have come to expect from the Umpqua name. The firm is also looking to expand its presence by opening additional offices within Umpqua’s footprint throughout the next three to five years.

"The industry has undergone tremendous change during the past year and we believe that we are uniquely positioned to offer comprehensive full service capabilities coupled with local leadership and decision making,” said John Noble, Umpqua Investments president and CEO. "We’ve attracted a team of dedicated professionals who are focused on being the best in class in an industry that is rapidly changing, and I am confident that we are well positioned for strategic and thoughtful growth.”

"As an organization, Umpqua Investments focuses on the unique relationship between our clients and financial advisors,” said Jeani Winterbourne, director of business development for Umpqua Investments. "We work together to identify the needs of our clients and then develop and implement financial plans to meet those needs."

New Umpqua Investments Financial Advisors:

• John Bacialli
• David Balk
• Tony Barbisan
• Jeffrey Crouch
• Gregory Dostert
• Perry Dulong
• Douglas E. Eikenberry
• Evan Hershey
• Mark Hwee
• Russell H. Jacobsen
• Brian Joelson
• Jeffrey Kantor
• Collin Lindsey
• Justin Lindsey
• Douglas Lindsey
• Dennis Lowenthal
• Omar Marquez
• William McShane
• Daniel Murphy
• Donald E. Murray
• Tinh Nguyen
• Duane Rodewald
• Kevin Sahli
• David Stockton
• Donald Vanderlaag
• John Vanscholten
• Kevin Wilson

Umpqua Investments plans to hire at least three additional financial advisors before year end. Formerly known as Strand, Atkinson, Williams & York, Umpqua Investments has served clients in the Pacific Northwest for more than 80 years, providing a full-range of investment brokerage services.

About Umpqua Investments

Umpqua Investments, Inc., formerly Strand, Atkinson, Williams & York Inc., was founded in Portland, Ore., in 1928. As a subsidiary of Umpqua Holdings Corporation, Umpqua Investments is a full-service investment brokerage with access to every trading market and 15 offices in Oregon and Northern California. Umpqua Investments, Inc. is not a bank. Securities offered by Umpqua Investments are not insured by the FDIC or any other federal government agency, are not a bank deposit or bank obligation and are not backed or guaranteed by any bank. All securities involve risk, including possible loss of principal. Member FINRA/SIPC. For more information, visit: www.umpquainvestments.com.

About Umpqua Holdings Corporation

Umpqua Holdings Corporation (NASDAQ: UMPQ) is the parent company of Umpqua Bank, an Oregon-based community bank recognized for its entrepreneurial approach, innovative use of technology, and distinctive banking solutions. Umpqua Bank has 153 locations between Napa, Calif., and Bellevue, Wash., along the Oregon and Northern California Coast and in Central Oregon. Umpqua Holdings also owns a retail brokerage subsidiary, Umpqua Investments Inc., which has locations in Umpqua Bank stores and in dedicated offices in Oregon. Umpqua Bank's Private Bank Division provides tailored financial services and products to individual customers. Umpqua Holdings Corporation is headquartered in Portland, Ore. For more information, visit www.umpquaholdingscorp.com.