NASDAQ-NMS:COLB

Umpqua Bank 2024 Business Barometer: U.S. Middle Market Optimism Surges, While Small Businesses Proceed Cautiously

Retrieved on: 
Thursday, June 13, 2024
Optimism, Commercial bank, Small business, Automation, Acceleration, Computer security, Umpqua Holdings Corporation, Research, Commercial, Business, Uncertainty, Online shopping

Since 2019, middle market companies (defined as $10M--$500M in annual revenue) are consistently more optimistic and ready to make a variety of strategic investments than smaller businesses. However, the difference between the two sectors' optimism—which had been fairly narrow—widened sharply in 2024. This year, 68% of middle market companies rate the economic outlook as excellent or good compared to just 29% of small businesses.

Key Points: 
  • Middle market optimism and key growth indicators have surged to six-year highs, while small businesses proceed cautiously as they manage persistent impacts of higher costs for goods and capital.
  • This year, 68% of middle market companies rate the economic outlook as excellent or good compared to just 29% of small businesses.
  • On behalf of Umpqua Bank, DHM Research conducted an online survey of 1,200 owners, executives, and financial decision-makers at U.S. small and middle market businesses during April 22—May 2, 2024.
  • Of middle market respondents, 22% are minority-owned businesses, while 19% of small business respondents are certified woman-owned and 15% minority-owned.

Global Finance Names Umpqua Bank Best U.S. Regional Bank in the Far West

Retrieved on: 
Thursday, May 2, 2024
Umpqua Holdings Corporation, International Monetary Fund, World Bank Group, Consultant, Financial system, Growth

LAKE OSWEGO, Ore., May 2, 2024 /PRNewswire/ -- Umpqua Bank , a subsidiary of Columbia Banking System Inc. (Nasdaq: COLB), today announced it has been named to Global Finance's 31st annual World's Best Banks list .

Key Points: 
  • LAKE OSWEGO, Ore., May 2, 2024 /PRNewswire/ -- Umpqua Bank , a subsidiary of Columbia Banking System Inc. (Nasdaq: COLB), today announced it has been named to Global Finance's 31st annual World's Best Banks list .
  • Umpqua was named the best U.S. regional bank in the Far West.
  • Umpqua Bank was among five prominent regional banks that made the 2024 rankings, receiving the top award for the region that encompasses the West Coast.
  • All winning selections were made by the editors of Global Finance after extensive consultations with corporate financial executives, bankers, consultants and analysts.

Newsweek Names Umpqua Bank One of America's Most Trustworthy Companies for Second Year in a Row

Retrieved on: 
Monday, April 8, 2024
Culture, Trust (social science), Statista, COLB, Umpqua Holdings Corporation, Pacific Northwest

LAKE OSWEGO, Ore., April 8, 2024 /PRNewswire/ -- Umpqua Bank , a subsidiary of Columbia Banking System Inc., (Nasdaq: COLB) has been named to Newsweek's list of Most Trustworthy Companies in America for the second year in a row, ranking ninth in the bank category for 2024.

Key Points: 
  • LAKE OSWEGO, Ore., April 8, 2024 /PRNewswire/ -- Umpqua Bank , a subsidiary of Columbia Banking System Inc., (Nasdaq: COLB) has been named to Newsweek's list of Most Trustworthy Companies in America for the second year in a row, ranking ninth in the bank category for 2024.
  • Newsweek and Statista use a comprehensive methodology to compile the annual America's Most Trustworthy Companies list, including a detailed review of all companies headquartered in the United States with revenue of more than $500 million.
  • Additionally, Newsweek and Statista studied the reputation of companies across various online media platforms and forums based on the sentiment of the coverage.
  • The America's Most Trustworthy Companies list can be viewed on Newsweek.com.

Columbia Banking System Announces Date of First Quarter 2024 Earnings Release and Conference Call

Retrieved on: 
Monday, April 1, 2024
COLB, Umpqua Holdings Corporation

TACOMA, Wash., April 1, 2024 /PRNewswire/ -- Columbia Banking System, Inc. ("Columbia" Nasdaq: COLB), parent company of Umpqua Bank, today announced it will release first quarter 2024 financial results on Thursday, April 25, 2024, after market close.

Key Points: 
  • TACOMA, Wash., April 1, 2024 /PRNewswire/ -- Columbia Banking System, Inc. ("Columbia" Nasdaq: COLB), parent company of Umpqua Bank, today announced it will release first quarter 2024 financial results on Thursday, April 25, 2024, after market close.
  • The Company will host a conference call for investors and analysts at 2:00 p.m. PT (5:00 p.m.
  • During the call, management will discuss Columbia's first quarter 2024 financial results and provide an update on recent activities.
  • Access the replay through the Company's investor relations page under the "News & Market Data-Event Calendar" section: https://www.columbiabankingsystem.com

Columbia Banking System to Present at Upcoming Institutional Investor Conferences on March 5-6, 2024

Retrieved on: 
Tuesday, February 27, 2024
Calendar, Conference, Raymond James Financial, COLB, News

TACOMA, Wash., Feb. 27, 2024 /PRNewswire/ -- Columbia Banking System, Inc. ("Columbia" Nasdaq: COLB) President and CEO Clint Stein is scheduled to present at the Raymond James & Associates 45th Annual Institutional Investors Conference on Tuesday, March 5, 2024, at 9:15 a.m.

Key Points: 
  • TACOMA, Wash., Feb. 27, 2024 /PRNewswire/ -- Columbia Banking System, Inc. ("Columbia" Nasdaq: COLB) President and CEO Clint Stein is scheduled to present at the Raymond James & Associates 45th Annual Institutional Investors Conference on Tuesday, March 5, 2024, at 9:15 a.m.
  • Mr. Stein is also scheduled to present at the RBC Capital Markets Global Financial Institutions Conference on Wednesday, March 6, 2024, at 4:40 p.m.
  • An audiocast and replay of each event, which may contain forward-looking statements, will be available in the "News & Market Data – Event Calendar" section of our investor relations website at www.columbiabankingsystem.com .
  • An investor presentation is expected to be available prior to the events and can be accessed in the "News & Market Data – Presentations" section of Columbia's website.

Umpqua Bank Announces Retirement of Chief Integration Officer Eric Eid

Retrieved on: 
Monday, February 26, 2024
Acquisition, Growth, Retirement, FDIC, Risk, Umpqua Holdings Corporation

LAKE OSWEGO, Ore., Feb. 26, 2024 /PRNewswire/ -- Umpqua Bank, a subsidiary of Columbia Banking System Inc. (Nasdaq: COLB), today announced the retirement of Eric Eid, Chief Integration Officer, effective April 1, 2024. Eid's retirement follows the recent closing of the bank's Integration Management Office, a division he co-led in support of the merger between Columbia Bank and Umpqua Bank.

Key Points: 
  • LAKE OSWEGO, Ore., Feb. 26, 2024 /PRNewswire/ -- Umpqua Bank , a subsidiary of Columbia Banking System Inc. (Nasdaq: COLB), today announced the retirement of Eric Eid, Chief Integration Officer, effective April 1, 2024.
  • Eid's retirement follows the recent closing of the bank's Integration Management Office, a division he co-led in support of the merger between Columbia Bank and Umpqua Bank.
  • Throughout his tenure as Chief Information Officer, Eid implemented programs that yielded efficiencies by optimizing and automating processes across internal and customer-facing experiences.
  • In recent years, Eid co-led the Integration Management Office for the merger of Columbia Bank and Umpqua Bank.

Thinking about buying stock in Trxade Health, Brookmount Gold, Columbia Banking System, ZK International Group, or Universe Pharmaceuticals?

Retrieved on: 
Tuesday, February 20, 2024
Multimedia

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Key Points: 
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Columbia Banking System Announces Date of Fourth Quarter 2023 Earnings Release and Conference Call

Retrieved on: 
Friday, December 29, 2023
Columbia, COLB, Umpqua Holdings Corporation

TACOMA, Wash., Dec. 29, 2023 /PRNewswire/ -- Columbia Banking System, Inc. ("Columbia" Nasdaq: COLB), parent company of Umpqua Bank, today announced it will release fourth quarter 2023 financial results on Wednesday, January 24, 2024, after market close.

Key Points: 
  • TACOMA, Wash., Dec. 29, 2023 /PRNewswire/ -- Columbia Banking System, Inc. ("Columbia" Nasdaq: COLB), parent company of Umpqua Bank, today announced it will release fourth quarter 2023 financial results on Wednesday, January 24, 2024, after market close.
  • The Company will host a conference call for investors and analysts at 2:00 p.m. PT (5:00 p.m.
  • During the call, the Company will provide an update on recent activities and discuss its fourth quarter 2023 financial results.
  • Access the replay through the Company's investor relations page under the "News & Market Data-Event Calendar" section: https://www.columbiabankingsystem.com

Umpqua Bank and Parent Company Columbia Banking System Celebrate Anniversaries with $1M in Grants for Local Nonprofits

Retrieved on: 
Friday, December 15, 2023
Meal, Woman, Entrepreneurship, Nez Perce, Tacoma–Pierce County Health Department, Growth, Quality of life, Organization, Workforce, Small business, Enterprise Community Partners, Health, Homelessness, Housing, Senior counsel, Culture, Community, Hacienda, Oregon Business Development Department, COLB, Education, Economic development, African Americans, Native Americans, Umpqua Holdings Corporation, Mental, Management, Property management, Tourism, Public utility, Points of the compass, Metro (Oregon regional government), Puget Sound

LAKE OSWEGO, Ore., Dec. 15, 2023 /PRNewswire/ -- Umpqua Bank and parent company Columbia Banking System (Nasdaq: COLB) today announced the nonprofit recipients of $1 million in local grants to mark their respective 70th and 30th anniversaries, including $700K to organizations in honor of their longstanding presence in the historic communities of South Puget Sound, Portland Metro and Douglas County Oregon.

Key Points: 
  • According to David Moore Devine, Umpqua's Chief Marketing Officer, this year's anniversaries are especially meaningful given the merger of Umpqua Bank and Columbia Bank earlier this year.
  • Umpqua Bank and Columbia Bank merged in March 2023, combining the two premier Northwest banks to form a leading western bank and a top 30 bank in the U.S.
  • Currently based in Lake Oswego, Oregon, Umpqua Bank was formed in 1953 to support the southern Oregon community of Canyonville in Douglas County, Oregon.
  • In 1993, Columbia Bank, under the banner of Columbia Banking System Inc., was established in Tacoma, Washington, and quickly grew to become the leading community bank headquartered in the state.

Umpqua Bank Launches Warm Hearts Winter Drive, Mobilizes Thousands of Associates across the West to Support Neighbors in Need

Retrieved on: 
Monday, November 27, 2023
The Road Home, Organization, Clothing, Hearts, Housing, Umpqua Holdings Corporation, Road Home, Portland Rescue Mission, Umpqua Bank Plaza, Renewable energy, Fish

Umpqua's Warm Hearts Winter drive continues a community-impact commitment of the former Columbia Bank, which merged with Umpqua earlier this year.

Key Points: 
  • Umpqua's Warm Hearts Winter drive continues a community-impact commitment of the former Columbia Bank, which merged with Umpqua earlier this year.
  • The Warm Hearts Winter Drive accepts cash donations in addition to new winter clothes.
  • Associates at Umpqua Bank's nearly 300 branches are actively engaged in securing financial contributions and warm clothing from customers and community members.
  • Those interested in supporting the Warm Hearts campaign may also email [email protected] for more information.