Umpqua Holdings Reports Q4 EPS of $.07 vs. $.09

Umpqua Holdings Corporation UMPQ, parent company of Umpqua Bank and Umpqua Investments Inc., today announced fourth quarter 2010 net earnings available to common shareholders of $8.1 million, or $0.07 per diluted common share, compared to a net loss available to common shareholders of $29.9 million, or $0.34 per diluted common share, for the same period in the prior year. For the full year 2010, the Company reported net earnings available to common shareholders of $16.1 million, or $0.15 per diluted common share, compared to a net loss available to common shareholders of $166.3 million, or $2.36 per diluted common share for the prior year.