Umpqua Holdings Corporation (UMPQ) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
ONE SW COLUMBIA STREET PORTLAND, OR 97204 |
| State of Incorp. | OR |
| Fiscal Year End | December 31 |
| Industry (SIC) | 6035 - Savings Institutions, Federally Chartered (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)Annual | Quarterly
| 12/31/2022 Q4 | 9/30/2022 Q3 | 6/30/2022 Q2 | 3/31/2022 Q1 | 12/31/2021 Q4 | 9/30/2021 Q3 | 6/30/2021 Q2 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 1,553,859 | 1,002,581 | 2,665,436 | 2,761,621 | 3,744,589 | 3,085,811 | |||
| Cash and cash equivalents | 1,553,859 | 1,002,581 | 2,665,436 | 2,761,621 | 3,744,589 | 3,085,811 | |||
| Restricted cash and investments | 13,813 | ||||||||
| Receivables | 36,951 | ||||||||
| Total current assets: | 1,567,672 | 1,002,581 | 2,665,436 | 2,798,572 | 3,744,589 | 3,085,811 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 81,729 | 87,249 | 87,333 | 82,366 | 88,379 | 95,030 | |||
| Property, plant and equipment | 165,305 | 165,196 | 167,369 | 171,125 | 172,624 | 172,546 | |||
| Intangible assets, net (including goodwill) | 5,764 | 6,789 | 7,815 | 8,840 | 9,970 | 11,100 | |||
| Intangible assets, net (excluding goodwill) | 5,764 | 6,789 | 7,815 | 8,840 | 9,970 | 11,100 | |||
| Deferred income tax assets | 128,120 | 70,134 | 39,051 | 8,402 | |||||
| Investment, proportional amortization method, elected, amount | 135,745 | ||||||||
| Total noncurrent assets: | 380,918 | 329,368 | 301,568 | 398,076 | 279,375 | 278,676 | |||
| Other undisclosed assets | 29,523,370 | 28,803,745 | 27,670,122 | 27,444,288 | 26,867,515 | 26,920,478 | |||
| TOTAL ASSETS: | 31,471,960 | 30,135,694 | 30,637,126 | 30,640,936 | 30,891,479 | 30,284,965 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Debt | 383,569 | 527,961 | 499,539 | 492,247 | 467,760 | 480,302 | |||
| Total current liabilities: | 383,569 | 527,961 | 499,539 | 492,247 | 467,760 | 480,302 | |||
| Noncurrent Liabilities | |||||||||
| Liabilities, other than long-term debt | 88,853 | 2,497 | |||||||
| Deferred income tax liabilities | 4,353 | 2,497 | |||||||
| Investment program, proportional amortization method, elected, commitment | 84,500 | ||||||||
| Total noncurrent liabilities: | 88,853 | 2,497 | |||||||
| Other undisclosed liabilities | 28,670,877 | 27,089,457 | 27,529,989 | 27,310,566 | 27,701,340 | 27,035,850 | |||
| Total liabilities: | 29,054,446 | 27,617,418 | 28,029,528 | 27,891,666 | 28,169,100 | 27,518,649 | |||
| Equity | |||||||||
| Equity, attributable to parent | 2,417,514 | 2,518,276 | 2,607,598 | 2,749,270 | 2,722,379 | 2,766,316 | |||
| Common stock | 3,448,007 | 3,445,531 | 3,443,266 | 3,444,849 | 3,442,085 | 3,517,641 | |||
| Accumulated other comprehensive income (loss) | (449,560) | (308,147) | (183,756) | 1,759 | 20,209 | 50,629 | |||
| Accumulated deficit | (580,933) | (619,108) | (651,912) | (697,338) | (739,915) | (801,954) | |||
| Total equity: | 2,417,514 | 2,518,276 | 2,607,598 | 2,749,270 | 2,722,379 | 2,766,316 | |||
| TOTAL LIABILITIES AND EQUITY: | 31,471,960 | 30,135,694 | 30,637,126 | 30,640,936 | 30,891,479 | 30,284,965 | |||
Income Statement (P&L) ($ in thousands)Annual | Quarterly
| 12/31/2022 Q4 | 9/30/2022 Q3 | 6/30/2022 Q2 | 3/31/2022 Q1 | 12/31/2021 Q4 | 9/30/2021 Q3 | 6/30/2021 Q2 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 305,053 | 257,605 | 252,519 | 308,236 | 247,633 | 246,073 | ||
| Net investment income | 303,528 | 256,302 | 235,940 | 243,425 | 240,755 | |||
| Cost of revenue (Provision for Loan, Lease, and Other Losses) | (27,572) | (18,692) | (4,804) | |||||
| Gross profit: | 277,481 | 238,913 | 247,715 | 308,236 | 247,633 | 246,073 | ||
| Operating expenses | (55,602) | (57,335) | (57,083) | (70,827) | (55,421) | (59,085) | ||
| Other operating income (expense), net (Noninterest Income, Other Operating Income) | (10,571) | 785 | (2,884) | |||||
| Other undisclosed operating income | 63,681 | |||||||
| Operating income: | 211,308 | 182,363 | 187,748 | 301,090 | 192,212 | 186,988 | ||
| Nonoperating income (expense) | 2,023 | 2,110 | 2,087 | 2,101 | 2,038 | 2,092 | ||
| Investment income, nonoperating | ||||||||
| Bank owned life insurance income | 2,023 | 2,110 | 2,087 | 2,101 | 2,038 | 2,092 | ||
| Interest and debt expense | (15,924) | (8,132) | (7,177) | (7,475) | (8,351) | (10,992) | ||
| Other undisclosed loss from continuing operations before equity method investments, income taxes | (23,654) | |||||||
| Income from continuing operations before equity method investments, income taxes: | 197,407 | 176,341 | 182,658 | 295,716 | 185,899 | 154,434 | ||
| Other undisclosed loss from continuing operations before income taxes | (61,160) | (178,574) | (41,954) | |||||
| Income (loss) from continuing operations before income taxes: | 197,407 | 176,341 | 121,498 | 117,142 | 143,945 | 154,434 | ||
| Income tax expense | (27,473) | (26,548) | (30,341) | (28,788) | (35,879) | (38,291) | ||
| Income (loss) from continuing operations: | 169,934 | 149,793 | 91,157 | 88,354 | 108,066 | 116,143 | ||
| Income before gain (loss) on sale of properties: | ✕ | 169,934 | 149,793 | 91,157 | 88,354 | 108,066 | 116,143 | |
| Net income (loss): | 169,934 | 149,793 | 91,157 | 88,354 | 108,066 | 116,143 | ||
| Other undisclosed net income (loss) attributable to parent | (85,894) | (71,202) | ||||||
| Net income available to common stockholders, diluted: | 84,040 | 78,591 | 91,157 | 88,354 | 108,066 | 116,143 | ||
Comprehensive Income ($ in thousands)Annual | Quarterly
| 12/31/2022 Q4 | 9/30/2022 Q3 | 6/30/2022 Q2 | 3/31/2022 Q1 | 12/31/2021 Q4 | 9/30/2021 Q3 | 6/30/2021 Q2 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | 169,934 | 149,793 | 91,157 | 88,354 | 108,066 | 116,143 | ||
| Other comprehensive income (loss) | (141,413) | (124,391) | (185,515) | (18,450) | (30,420) | 12,497 | ||
| Other undisclosed comprehensive income (loss) | (85,894) | (71,202) | ||||||
| Comprehensive income (loss), net of tax, attributable to parent: | (57,373) | (45,800) | (94,358) | 69,904 | 77,646 | 128,640 | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.