Investing.com - Umpquas reported on Wednesday third quarter earnings that matched analysts' forecasts and revenue that fell short of expectations.
Umpquas announced earnings per share of $0.39 on revenue of $317.00. Analysts polled by Investing.com anticipated EPS of $0.39 on revenue of $409.59M.
Umpquas shares are down 22% from the beginning of the year and are trading at $18.48 , down-from-52-week-high.
Umpquas shares gained 5.00% in after-hours trade after the report.
Umpquas follows other major Financial sector earnings this month
Umpquas's report follows an earnings beat by JPMorgan on Friday, who reported EPS of $3.12 on revenue of $32.7B, compared to forecasts EPS of $2.92 on revenue of $32.13B.
Bank of America had beat expectations on Monday with third quarter EPS of $0.81 on revenue of $24.5B, compared to forecast for EPS of $0.78 on revenue of $23.56B.
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