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Home > Company Index > Banking > Banking - West > Umpqua Holdings Corporation

Umpqua Holdings Corporation
Nasdaq: UMPQ
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 PROFILE
Umpqua Holdings' CEO Raymond Davis thinks of himself not so much as a banker but as a retailer who sells bank products. Consequently, many of subsidiary Umpqua Bank's nearly 30 branches feature coffee bars and computer cafes, and even sell stamps. While customers come to sip Umpqua Bank-brand coffee, read the morning paper, or pay bills online, the bank's staff pitches checking and savings accounts, business and consumer loans, and more. (The bank changed its name from South Umpqua Bank after acquiring Valley of the Rogue Bank.) Subsidiary Strand, Atkinson, Williams & York provides retail brokerage service. Umpqua Holdings is buying Oregon-based multibank holding company Independent Financial Network.

 COMPETITION
Centennial Bancorp (CEBC)
Washington Mutual, Inc. (WM)
Wells Fargo & Company (WFC)

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 67.90
1-Yr. Sales Growth: 133.3%
Employees: 375
Revenue per employee: $181,066.67

 KEY PEOPLE
• Raymond P. Davis
    CEO
• Daniel A. Sullivan
    CFO

 CONTACT INFO
200 SW Market St.
Portland, OR 97201
US
Phone: 541-440-3900
Fax: 503-546-2498
Online: Web Site

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