Getting a $2.5 million Paycheck Protection Program loan was an epic and frustrating struggle for the president of a Roseville-based physical therapy company. David Smith, with VibrantCare Rehabilitation Inc., a physical therapy business that operates in five western states, applied for the PPP's potentially forgivable loan in the early morning of the first day they were available, April 3. The PPP is the federal government’s main program to help small businesses damaged by the coronavirus pandemic.

To the annoyance of some shareholders, Umpqua Holdings (NASDAQ:UMPQ) shares are down a considerable 48% in the last...

Umpqua Holdings Corporation (NASDAQ: UMPQ) (the "Company") reported net loss of $28.3 million for the first quarter of 2020, compared to net income of $83.8 million for the fourth quarter of 2019 and $74.0 million for the first quarter of 2019. Earnings (loss) per diluted common share were a loss of $(0.13) for the first quarter of 2020, compared to earnings of $0.38 for the fourth quarter of 2019 and earnings of $0.34 for the first quarter of 2019.

Umpqua Holdings Corporation (NASDAQ: UMPQ) (the "Company") announced today a change of its 2020 annual meeting of shareholders. Due to the emerging public health impact of the coronavirus outbreak (COVID-19), and to support the health and well-being of the Company's shareholders, associates, directors and vendors, the Company has changed the format of its annual meeting of shareholders from a physical in-person meeting to a virtual webcast, and invites shareholders to participate remotely.

After a loss in the first quarter, the bottom line is likely to return to being in the black for the remaining three quarters of the year.Provision expense will likely remain high in the second quarter because the macroeconomic outlook has worsened since Marc…

Among the steps the bank is taking to serve customers during the coronavirus crisis, O'Haver still goes to the office and answers calls on a phone that rings directly to his office from branches.

PNC sold its position in BlackRock, for over $14 billion (pre-tax), and management said it's looking to use the proceeds to fund opportunistic bank M&A.Between credit losses from the COVID-19 recession and potentially several years of weak spreads, many regio…

Analysts at Keefe, Bruyette & Woods say U.S. banks’ dividends are ‘broadly safe,’ but pointed out 21 ‘potential dividend-cut candidates.’

Forget about bankers' hours. Umpqua Bank has lenders working graveyard and swing shifts to make loans under the SBA’s Paycheck Protection Program.

Umpqua (UMPQ) delivered earnings and revenue surprises of -152.00% and -7.35%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?

To the annoyance of some shareholders, Umpqua Holdings (NASDAQ:UMPQ) shares are down a considerable 36% in the last...

Q1 2020 Umpqua Holdings Corp Earnings Call

Umpqua Bank, a subsidiary of Umpqua Holdings Corporation (NASDAQ: UMPQ), announced today that Kevin Skinner has been promoted to executive vice president, head of home lending.

Umpqua (UMPQ) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

We hate to say this but, we told you so. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW and predicted a US recession when the S&P 500 Index was trading at the 3150 level. We also told you to short the market and buy […]

Q4 2019 Umpqua Holdings Corp Earnings Call

Umpqua Bank, a subsidiary of Umpqua Holdings Corporation (NASDAQ: UMPQ), today announced a package of relief and support to help ease the financial burden of COVID-19's impact on customers, associates, and communities.

The bank is offering to defer loan payments and waive fees for consumers and small businesses. It's also offering increased benefits to impacted employees.

UMPQ vs. FHB: Which Stock Is the Better Value Option?

Dividend paying stocks like Umpqua Holdings Corporation (NASDAQ:UMPQ) tend to be popular with investors, and for good...

Umpqua Holdings Corporation (NASDAQ: UMPQ), parent company of Umpqua Bank and Umpqua Investments, today announced that it will host its first quarter 2020 earnings conference call on Thursday, April 23, 2020, at 10:00 a.m. PT (1:00 p.m. ET). During the call, the Company will provide an update on recent activities and discuss its first quarter 2020 financial results, which are expected to be released after the market closes on April 22, 2020. There will be a live question-and-answer session following the presentation.

Umpqua (UMPQ) delivered earnings and revenue surprises of 5.56% and 2.23%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the stock?

John's Traditional IRA generated a total income of $1,267.84 for March 2020 compared with a total income of $1,154.75 for March 2019.John's Roth IRA generated a total income of $718.18 for March 2020 compared with a total income of $635.40 for March 2019.A to…

Umpqua Holdings Corporation (NASDAQ: UMPQ) today announced that its Board of Directors has approved a quarterly cash dividend in the amount of $0.21 per common share. The dividend is payable on April 15, 2020, to shareholders of record as of March 31, 2020.

There are five reasons bank dividend cuts appear imminent for large banks.The implications of these five reasons are far-reaching.Restoration of bank dividends will depend on a economic rebound.Smaller, well-capitalized banks with sterling loan portfolios sho…