Umpqua Holdings Corp. (UMPQ) released earnings for its second quarter that rose from the same period last year.
RTTNews | Jul 21, 2021 05:37PM EDT
17:37 Wednesday, July 21, 2021 (RTTNews.com) - Umpqua Holdings Corp. (UMPQ) released earnings for its second quarter that rose from the same period last year.
The company's profit came in at $116.3 million, or $0.53 per share. This compares with $53 million, or $0.24 per share, in last year's second quarter.
Analysts had expected the company to earn $0.44 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 8.1% to $229.8 million from $212.5 million last year.
Umpqua Holdings Corp. earnings at a glance:
-Earnings (Q2): $116.3 Mln. vs. $53 Mln. last year.-EPS (Q2): $0.53 vs. $0.24 last year.-Analysts Estimate: $0.44-Revenue (Q2): $229.8 Mln vs. $212.5 Mln last year.
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