Umpqua Holdings Corporation (UMPQ) |
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Price: $17.6600
$-0.31
-1.725%
|
Day's High:
| $18.205
| Week Perf:
| -2.54 %
|
Day's Low: |
$ 17.60 |
30 Day Perf: |
-0.34 % |
Volume (M): |
24,809 |
52 Wk High: |
$ 0.00 |
Volume (M$): |
$ 438,130 |
52 Wk Avg: |
$0.00 |
Open: |
$18.11 |
52 Wk Low: |
$0.00 |
|
|
Market Capitalization (Millions $) |
3,837 |
Shares
Outstanding (Millions) |
217 |
Employees |
4,491 |
Revenues (TTM) (Millions $) |
1,186 |
Net Income (TTM) (Millions $) |
787 |
Cash Flow (TTM) (Millions $) |
-1,467 |
Capital Exp. (TTM) (Millions $) |
27 |
Umpqua Holdings Corporation
Umpqua Banks primary objective is to become the leading community-oriented financial
services organization throughout the Western United States. The Sterling merger
expanded Umpqua Banks footprint into Southern California, Eastern Washington,
Eastern Oregon, and Idaho markets. We intend to continue to grow our assets and
increase profitability and shareholder value by differentiating ourselves from
competitors through the following strategies:
Capitalize on Innovative Product Delivery System. Our philosophy has been to create
a unique delivery model that transforms banking from a chore into an experience
thats both relevant to customers and highly differentiated from other financial
institutions. With this approach in mind, in 1995 we introduced a bank store concept
designed to reflect customer and community preferences and drive revenue growth
by making the Banks products and services more tangible and accessible. Weve
continued to evolve this model, introducing the next generation of our Neighborhood
Store in the Capitol Hill area of Seattle, Washington, in 2010, and in 2013, rolling
out the next generation of our flagship store in San Francisco.
In April 2014 we completed the largest acquisition in Umpquas history, merging
with Sterling Financial Corporation. The Sterling acquisition was a strategic
opportunity to enhance shareholder value through a transformative business combination.
It allowed us to accelerate significantly our objective of creating something
unique in the financial services industry: an organization that offers the products
and expertise of a large bank but delivers them with the personal service and
commitment of a community bank. As the landscape of the financial services industry
is being reshaped by technological advances and the introduction of new digital
customer delivery channels and technology-driven products and services, we believe
the alignment of our physical and digital customer delivery channels is crucial
in creating an exceptional customer experience. Doing so will allow us to drive
stronger customer retention, greater penetration of "share of wallet,"
and improved new business growth. With that in mind, during 2015, we focused
on completing the integration of Sterling and realizing the financial benefits
of the merger, as well as growing the combined bank and launching Pivotus Ventures,
Inc.
Focus on Customer Experience. At every level of the Company, from the Board
of Directors to our newest associates, and across all customer service delivery
channels, we are focused on delivering an extraordinary customer experience.
Its an integral part of our culture, and we believe we are among the first
banks to introduce a measurable quality service program. Under our Return on
Quality or ROQ program, the performance of each sales associate and store is
evaluated based on specific measurable factors such as the "sales effectiveness
ratio" that totals the average number of banking products purchased by
each new customer. The evaluations also encompass factors such as the number
of new loan and deposit accounts generated in each store, reports by incognito
"mystery shoppers" and customer surveys. Based on scores achieved,
Umpquas ROQ program rewards both individual sales associates and store teams
with financial incentives. Through such programs, we are able to measure the
quality of the experience provided to our customers and maintain employee focus
on quality customer service.
Establish Strong Brand Awareness. As a financial services retailer, we devote
considerable resources to developing the "Umpqua Bank" brand. This
is done through design strategy, marketing, merchandising, and delivery through
our customer-facing channels, as well as through active public relations, social
media and community based events and initiatives. From Bank-branded bags of
custom roasted coffee beans and Umpqua-branded ice cream trucks, to educational
seminars, in-store events and social giving campaigns, Umpquas goal is to engage
our customers and communities in fresh and engaging ways. The unique look and
feel of our stores and interactive displays help demonstrate our commitment
to being an innovative, customer-friendly retailer of financial products and
services, and our active community engagement and investments stand out with
commercial customers. Our brand activation approach is based on actions not
just advertising, and builds strong consumer awareness of our products and services.
Use Technology to Retain and Expand Customer Base. As consumer preferences evolve
with technological changes, our strategy remains consistent: deliver an extraordinary
experience across all customer touchpoints. As a result, we continue to expand
user-friendly, technology-based systems that reflect and complement the distinct
customer experience the company is known for. We believe this positions Umpqua
well to adapt quickly as customer use of physical and digital channels evolves.
We offer technology-based services including remote deposit capture, online
banking, bill pay and treasury services, mobile banking, voice response banking,
automatic payroll deposit programs, advanced function ATMs, interactive product
kiosks, and a robust web site. We believe the combination of physical and electronic
banking services enhances our ability to attract a broader range of customers
and wrap our value proposition across all channels.
Increase Market Share in Existing Markets and Expand Into New Markets. As a
result of our innovative retail product orientation, measurable quality service
program, strong brand awareness, and distinct customer experience across all
delivery channels, we believe there is significant potential to increase business
with current customers, to attract new customers in our existing markets and
continue entering new markets.
Prudently Manage Capital. An important part of our strategy is to continue to
manage capital prudently, and to employ excess capital in a thoughtful and opportunistic
manner that improves shareholder returns. We accomplish this through dividends,
share repurchases, and pursuing strategic acquisitions, which could include
technology-driven enterprises or banks and financial services companies in markets
where we see growth potential.
The Bank makes both secured and unsecured loans to individuals and businesses.
Inter-agency guidelines adopted by federal bank regulators mandate that financial
institutions establish real estate lending policies with maximum allowable real
estate loan-to-value limits, subject to an allowable amount of non-conforming
loans as a percentage of capital. We have adopted as loan policy loan-to-value
limits that range from 5% to 10% less than the federal guidelines for each category;
however, policy exceptions are permitted for real estate loan customers with
strong financial credentials.
Company Address: 5885 Meadows Road Lake Oswego 97035 OR
Company Phone Number: 727-4100 Stock Exchange / Ticker: NASDAQ UMPQ
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Customers Net Income fell by |
UMPQ's Customers Net Profit Margin fell to |
-39.56 % |
11.22 %
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Stock Performances by Major Competitors |
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First Guaranty Bancshares Inc
First Guaranty Bancshares Inc, a leading financial institution based in Hammond, Louisiana, has recently announced its financial results for the fiscal period closing December 31, 2023. The company reported a significant decrease in income, profit, and revenue compared to the previous financial reporting period. This sharp decline has also had a negative impact on the company's stock performance, with First Guaranty Bancshares Inc stock dropping by -28.03% from a year ago. The company's income fell by -84.94% to $0.06 per share from $0.39 a year ago, and profit plummeted by -41.53% from $0.10 per share from the prior financial reporting period. Revenue receded widely by -14.578% to $21.39 million from $25.04 million in the same financial reporting period a year ago. Sequentially, revenue decreased by -4.097% from $22.31 million. The bottom-line also saw a significant decrease, with a profit of $1.303 million in the fiscal period closing December 31, 2023, falling by -74.56% from $5.122 million in the corresponding period a year before.
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Hmn Financial Inc
The latest financial report from HMNF (Hmn Financial Inc) has raised concerns among investors, as the company reported a significant decrease in both top and bottom-line figures for the fiscal year ending December 31, 2023. Income per share plummeted by -41.15% and revenue decreased by -14.157% year on year. These numbers are alarming, especially when compared to the previous fiscal period where income per share was $0.34 and revenue was $9.67 million. In the fiscal fourth quarter of 2023, HMNF reported net profits of $1.452 million, which fell by -40.44% from the corresponding period a year before. The company's operating margin also decreased to 20.3% and net margin shrank to 15.76%. Operating earnings dropped by -43.98% to $1.87 million, squeezing the operating margin from 31.11% in the fourth quarter of 2022. Additionally, the accounts receivable declined to $845.7 million, although it was higher than during the same time a year ago.
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Territorial Bancorp Inc
The recent financial results of Territorial Bancorp Inc. paint a grim picture of its performance for the financial interval closing on December 31, 2023. The company witnessed a significant decline in revenue by -31.371%, leading to a steep deterioration in profits by -90.04%. The company reported a revenue of $9.87 million compared to $14.39 million the previous year, and earnings per share dropped to $0.04 from $0.39 in the previous year. In contrast to the third quarter, where revenue decreased by -9.272% and profit plummeted by -61.04%, the October to December period of 2023 saw a further decline. Earnings fell by -90.3% to $0.334 million compared to $3.445 million in the corresponding period the previous year. Operating margin also shrunk to 4% and net margin dropped to 3.38%. Operating earnings fell -91.28% to $0.395 million, significantly squeezing the company's operating margin compared to the previous year.
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Sterling Bancorp Inc
Sterling Bancorp Inc's Positive Financial Results Mask Potential Concerns Sterling Bancorp Inc, the holding company of Sterling Bank and Trust, F.S.B., recently reported its financial results for the October to December 31, 2023, period. While on the surface, the company seems to be performing well, a deeper analysis raises concerns about its future prospects. One of the key positive points highlighted by Sterling Bancorp Inc is its profitability turning positive at $0.10 per share, compared to a loss of $0.37 per share in the previous year. Furthermore, earnings per share grew by a staggering 886.58% from $0.01 per share in the previous reporting period. These figures may impress investors at first glance, but they should be taken with a grain of salt.
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Codorus Valley Bancorp Inc
Codorus Valley Bancorp, Inc., the parent company of PeoplesBank, has reported its financial results for the October to December 31, 2023 financial interval. Despite a decline in revenue, the company experienced growth in earnings per share (EPS) and net earnings. This article aims to interpret the key financial results and shed light on the company's performance in the given period. 1. Revenue Decline and EPS Growth: During the October to December 2023 financial interval, Codorus Valley Bancorp, Inc.'s SandLs Savings Banks company witnessed a decrease in revenue by -0.702% to $24.17 million compared to the previous year. However, the company managed to raise its EPS by 0.15% to $0.55 per share. This indicates a strong bottom-line growth, albeit moderate.
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Per Share |
Current |
Earnings (TTM) |
1.55 $ |
Revenues (TTM) |
5.46 $
|
Cash Flow (TTM) |
- |
Cash |
14.71 $
|
Book Value |
11.41 $
|
Dividend (TTM) |
0.84 $ |
|
Per Share |
|
Earnings (TTM) |
1.55 $
|
Revenues (TTM) |
5.46 $ |
Cash Flow (TTM) |
- |
Cash |
14.71 $
|
Book Value |
11.41 $ |
Dividend (TTM) |
0.84 $ |
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