When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.
Be alerted of any news about your stocks and see what other stocks are trending.
UMPQ - Umpqua Holdings: Management's Initiatives To Drive Earnings
Umpqua Holdings Corporation
The management hopes to grow loans through several initiatives, including improvement of digital tools and hiring of new talent.
The provision expense will likely decline this year because UMPQ has already built up substantial allowances for loan losses. Also, credit risk has declined.
UMPQ is unlikely to skip a dividend again in the short term. The stock is offering an attractive dividend yield of 5.0%.
The year-end target price suggests a high upside from the current market price.