Umpqua Bank's headquarters, Umpqua Bank Plaza in Portland, Oregon
Company type
Subsidiary
Traded as
Nasdaq: UMPQ
Industry
Commercial Banks
Founded
1953; 71 years ago (1953) in Canyonville, Oregon, U.S.
Headquarters
Portland, Oregon, U.S. 45°30′47″N122°40′31″W / 45.51306°N 122.67528°W / 45.51306; -122.67528
Number of locations
350
Key people
Peggy Fowler (Chair) Cort O'Haver (CEO)
Products
Checking accounts Savings accounts Retirement accounts Home loans Personal investing Private bank Business loans Treasury management Merchant services
Revenue
US$871.6 million (2015)
Operating income
US$253.3 million (2015)
Net income
US$222.5 million (2015)
Number of employees
4,491 (December 31, 2015)
Parent
Columbia Banking System
Website
UmpquaBank.com
Umpqua Holdings Corporation, d.b.a. Umpqua Bank, is a financial holding company based in downtown Portland, Oregon, United States. Headquarters are in the Umpqua Bank Plaza, formerly the headquarters of Benj. Franklin Savings and Loan. The firm has two principal operating subsidiaries: Umpqua Bank (the Bank) and Umpqua Investments (formerly Strand, Atkinson, Williams and York (Investments)).
The company’s main operating segments are personal banking and lending, business banking and lending, and wealth management. The bank serves consumers and businesses in the community.[1]
As of 2015, Umpqua Bank had $24 billion in assets and $18 billion in deposits and was ranked among the largest 60 banks in the nation.[2] Its parent company, Umpqua Holdings, is publicly traded.[1] As of 2016, Umpqua Bank was the largest Oregon-based bank and had 350 branches in Oregon, Washington, California, Nevada and Idaho.[3][4]
In October 2021, Umpqua announced it was merging with Tacoma-based Columbia Bank. Columbia Bank branches would transition to the Umpqua name and branding. The combined company would be based in Tacoma, with the bank operational headquarters based in the Portland area.
^ abPender, Kathleen. “Umpqua Bank aims to be part of S.F. community.” SFGate. Aug. 28, 2013
^Securities and Exchange Commission Form 10-k. Commission File number 001-34624
^Kish, Matthew (July 21, 2011). "Umpqua profits climb, beat estimates". Portland Business Journal. Retrieved 23 July 2011.
^Calvey, Mark (December 23, 2011). "Umpqua Bank ramps up its Bay Area focus". Portland Business Journal. Retrieved 11 April 2012.
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Global Information
US$871.6 million (2015)