Stock Analysis Report

Executive Summary

Umpqua Holdings Corporation operates as the holding company of Umpqua Bank that provides commercial and retail banking, and retail brokerage services.

Snowflake Analysis

Flawless balance sheet 6 star dividend payer.

Similar Companies

Share Price & News

How has Umpqua Holdings's share price performed over time and what events caused price changes?

Latest Share Price and Events

Stable Share Price: UMPQ's share price has been volatile over the past 3 months.

Market Performance

7 Day Return




US Banks


US Market

1 Year Return




US Banks


US Market

Return vs Industry: UMPQ underperformed the US Banks industry which returned -28.9% over the past year.

Return vs Market: UMPQ underperformed the US Market which returned -10% over the past year.

Shareholder returns

7 Day23.3%14.6%9.4%
30 Day7.2%-4.4%-3.9%
90 Day-32.1%-33.9%-16.5%
1 Year-27.7%-31.7%-22.0%-24.3%-4.8%-6.8%
3 Year-16.2%-26.9%-8.3%-15.1%23.4%15.2%
5 Year-11.6%-28.7%16.7%3.3%41.3%25.7%

Price Volatility Vs. Market

How volatile is Umpqua Holdings's share price compared to the market and industry in the last 5 years?

Simply Wall St News


Is Umpqua Holdings undervalued compared to its fair value and its price relative to the market?


Price to Earnings (PE) ratio

Share Price vs. Fair Value

Below Fair Value: UMPQ ($11.02) is trading below our estimate of fair value ($13.33)

Significantly Below Fair Value: UMPQ is trading below fair value, but not by a significant amount.

Price To Earnings Ratio

PE vs Industry: UMPQ is good value based on its PE Ratio (6.9x) compared to the Banks industry average (8.7x).

PE vs Market: UMPQ is good value based on its PE Ratio (6.9x) compared to the US market (13x).

Price to Earnings Growth Ratio

PEG Ratio: UMPQ's earnings are forecast to decline next year, so we can't calculate its PEG ratio.

Price to Book Ratio

PB vs Industry: UMPQ is good value based on its PB Ratio (0.6x) compared to the US Banks industry average (0.8x).

Next Steps

Future Growth

How is Umpqua Holdings forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?


Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings vs Savings Rate: UMPQ's earnings are forecast to decline over the next 3 years (-17.4% per year).

Earnings vs Market: UMPQ's earnings are forecast to decline over the next 3 years (-17.4% per year).

High Growth Earnings: UMPQ's earnings are forecast to decline over the next 3 years.

Revenue vs Market: UMPQ's revenue is expected to decline over the next 3 years (-1% per year).

High Growth Revenue: UMPQ's revenue is forecast to decline over the next 3 years (-1% per year).

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: UMPQ's Return on Equity is forecast to be low in 3 years time (6.5%).

Next Steps

Past Performance

How has Umpqua Holdings performed over the past 5 years?


Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: UMPQ has high quality earnings.

Growing Profit Margin: UMPQ's current net profit margins (29.8%) are higher than last year (27.2%).

Past Earnings Growth Analysis

Earnings Trend: UMPQ's earnings have grown by 14.1% per year over the past 5 years.

Accelerating Growth: UMPQ's earnings growth over the past year (12%) is below its 5-year average (14.1% per year).

Earnings vs Industry: UMPQ earnings growth over the past year (12%) exceeded the Banks industry 10.8%.

Return on Equity

High ROE: UMPQ's Return on Equity (8.2%) is considered low.

Next Steps

Financial Health

How is Umpqua Holdings's financial position? (This company is analysed differently as a bank or financial institution)

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

Financial Institutions Analysis

Asset Level: UMPQ's level of assets compared to its equity is low.

Allowance for Bad Loans: UMPQ has a sufficient allowance for bad loans.

Low Risk Liabilities: UMPQ's liabilities are made up of primarily low risk sources of funding.

Loan Level: UMPQ has an acceptable proportion of non-loan assets held.

Low Risk Deposits: UMPQ's loans are broadly funded by customer deposits.

Level of Bad Loans: UMPQ has an appropriate level of bad loans (0.3%)

Next Steps


What is Umpqua Holdings's current dividend yield, its reliability and sustainability?


Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: UMPQ's dividend (7.62%) is higher than the bottom 25% of dividend payers in the US market (1.93%).

High Dividend: UMPQ's dividend (7.62%) is in the top 25% of dividend payers in the US market (5.46%)

Stability and Growth of Payments

Stable Dividend: UMPQ's dividends per share have been stable in the past 10 years.

Growing Dividend: UMPQ's dividend payments have increased over the past 10 years.

Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (52.3%), UMPQ's dividend payments are covered by earnings.

Future Payout to Shareholders

Future Dividend Coverage: UMPQ's dividends in 3 years are forecast to be covered by earnings (73% payout ratio).

Next Steps


How experienced are the management team and are they aligned to shareholders interests?


Average management tenure


Cort O’Haver (56yo)





Mr. Cort Lane O’Haver has been the President of Umpqua Bank since April 25, 2016 and as its Chief Executive Officer since January 1, 2017. Mr. O’Haver has been Chief Executive Officer and President of Umpq ...

CEO Compensation Analysis

Compensation vs Market: Cort's total compensation ($USD3.60M) is below average for companies of similar size in the US market ($USD5.63M).

Compensation vs Earnings: Cort's compensation has been consistent with company performance over the past year.

Leadership Team

Cort O’Haver
President3.25yrsUS$3.60m0.23% $6.1m
Ronald Farnsworth
Executive VP & CFO12.92yrsUS$1.45m0.11% $2.8m
David Shotwell
Executive VP & Chief Risk Officer4.75yrsUS$1.20m0.047% $1.3m
Rilla Delorier
Executive VP & Chief Strategy Officer3yrsUS$1.45m0.049% $1.3m
Torran Nixon
Senior Executive VP & Chief Banking Officer for Umpqua Bank4.25yrsUS$1.64m0.066% $1.8m
Lisa White
Principal Accounting Officer0.25yrno data0.0077% $207.4k
Drew Anderson
Senior VP & Director of Investor Relations1.08yrsno datano data
Andrew Ognall
Executive VP6yrsUS$787.92k0.047% $1.3m
Sheri Burns
EVP & Chief People Officer2.25yrsno datano data
Eve Callahan
Executive VP & Chief Communications Officer of Umpqua Bank9.25yrsno datano data


Average Tenure


Average Age

Experienced Management: UMPQ's management team is considered experienced (3.8 years average tenure).

Board Members

Cort O’Haver
President3.25yrsUS$3.60m0.23% $6.1m
James Greene
Director7.75yrsUS$142.32k0.018% $487.8k
Maria Pope
Independent Director6yrsUS$139.70k0.017% $450.1k
Raymond Davis
Chairman Emeritus2.25yrsUS$2.51mno data
Luis Machuca
Independent Director10.25yrsUS$150.22k0.026% $707.9k
Bryan Timm
Independent Vice Chairman of the Board8yrsUS$151.61k0.040% $1.1m
Peggy Fowler
Chairman & Lead Independent Director2.25yrsUS$199.72k0.039% $1.1m
Stephen Gambee
Independent Director14.75yrsUS$139.70k0.049% $1.3m
Hilliard Terry
Independent Director10.25yrsUS$154.34k0.020% $550.6k
Susan Stevens
Independent Director7.58yrsUS$150.22k0.017% $471.1k


Average Tenure


Average Age

Experienced Board: UMPQ's board of directors are considered experienced (7.7 years average tenure).


Who are the major shareholders and have insiders been buying or selling?

Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Company Information

Umpqua Holdings Corporation's company bio, employee growth, exchange listings and data sources

Key Information

  • Name: Umpqua Holdings Corporation
  • Ticker: UMPQ
  • Exchange: NasdaqGS
  • Founded: 1953
  • Industry: Regional Banks
  • Sector: Banks
  • Market Cap: US$2.694b
  • Shares outstanding: 220.44m
  • Website:

Number of Employees


  • Umpqua Holdings Corporation
  • One SW Columbia Street
  • Suite 1200
  • Portland
  • Oregon
  • 97258
  • United States


TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
UMPQNasdaqGS (Nasdaq Global Select)YesCommon StockUSUSDApr 1997
UMQDB (Deutsche Boerse AG)YesCommon StockDEEURApr 1997
UMQBRSE (Berne Stock Exchange)YesCommon StockCHCHFApr 1997


Umpqua Holdings Corporation operates as the holding company of Umpqua Bank that provides commercial and retail banking, and retail brokerage services. It operates through four segments: Wholesale Bank, Wealth Management, Retail Bank, and Home Lending. The company offers deposit products, including non-interest bearing checking, interest bearing checking and savings, and money market accounts, as well as certificates of deposit. It also provides loans for corporate and commercial customers, such as accounts receivable and inventory financing, multi-family and equipment loans, commercial equipment leases, international trade, real estate construction loans, permanent financing products, and small business administration program financing, as well as capital markets and treasury management services. In addition, the company offers loan products for small businesses; commercial and industrial loans; residential real estate loans for the construction, purchase, and refinancing of residential owner-occupied and rental properties; and consumer loans comprising secured and unsecured personal loans, home equity and personal lines of credit, and motor vehicle loans. Further, it provides financial planning, trust, and investment services; treasury and cash management services; retail brokerage and investment advisory services; digital, mobile, telephone, text, and online banking services; and e-commerce services. The company serves middle market corporate, commercial, and business banking customers; individual investors; and high net worth individuals. As of December 31, 2019, it conducted commercial and retail banking activities at 274 locations in Oregon, Washington, California, Idaho, and Nevada. The company was founded in 1953 and is headquartered in Portland, Oregon. 

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/04/10 03:47
End of Day Share Price2020/04/09 00:00
Annual Earnings2019/12/31

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.