Earnings of Umpqua Holdings Corporation (UMPQ) are likely to plummet this year due to the recent interest rate cuts and the high rate-sensitivity of the company's net interest margin. An increase in provisions charges for loan losses is also likely to drag earnings. On the other hand, the management's plan to consolidate store locations will likely reduce expenses, thereby supporting net income. Slight growth in non-interest income will also support the bottom-line. Overall, I'm expecting UMPQ's earnings to decline by 13% year-over-year in 2020. The December 2020 target price suggests a significant upside