Umpqua Holdings Q3 Profit Declines - Quick Facts

(RTTNews) - Umpqua Holdings Corp. (UMPQ) Wednesday reported third-quarter net earnings available to common shareholders of $23.3 million or $0.21 per share, compared to $25.0 million or $0.22 per share last year.

Excluding items, operating earnings for the quarter were $26.5 million or $0.24 per share, compared with $25.4 million or $0.23 per share a year ago.

Analysts polled by Thomson Reuters estimated earnings of $0.26 per share for the quarter. Analysts' estimates typically exclude special items.

Net interest income for the quarter rose to $106.81 million from $102.04 million last year, while total non-interest income was $26.14 million, down from $33.68 million in the prior year period.

Analysts estimated revenues of $140.37 million for the quarter.