Umpqua Holdings Likely To Return To Positive Earnings After First-Quarter Hit (NASDAQ:UMPQ) - Businessdaylight
Umpqua Holdings Corporation (NASDAQ:UMPQ) posted a loss of $0.13 per share in the first quarter due to a surge in provision expense. I’m expecting UMPQ’s earnings to return to being in the black in the year ahead, but remain below the 2019 level. Provision expense is likely to remain high in the second quarter as …
Umpqua Holdings Likely To Return To Positive Earnings After First-Quarter Hit (NASDAQ:UMPQ) - Businessdaylight
Umpqua Holdings Corporation (NASDAQ:UMPQ) posted a loss of $0.13 per share in the first quarter due to a surge in provision expense. I’m expecting UMPQ’s earnings to return to being in the black in the year ahead, but remain below the 2019 level. Provision expense is likely to remain high in the second quarter as …