NEW YORK (
) -- The ex-dividend date for
) is tomorrow, September 28, 2011. Owners of shares as of market close today will be eligible for a dividend of 7 cents per share. At a price of $8.75 as of 9:30 a.m. ET, the dividend yield is 3.4%.
The average volume for Umpqua has been one million shares per day over the past 30 days. Umpqua has a market cap of $951.8 million and is part of the
industry. Shares are down 30% year to date as of the close of trading on Monday.
Umpqua Holdings Corporation operates as the bank holding company for Umpqua Bank that provides commercial and retail banking services to corporate, institutional, and individual customers primarily in the areas of Oregon, northern California, and Washington. The company has a P/E ratio of 19.8, below the average banking industry P/E ratio of 20.8 and above the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Umpqua as a
. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income and revenue growth. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself and weak operating cash flow. You can view the full