- 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.
For further details see:
Umpqua Holdings: Management's Initiatives To Drive Earnings