• Umpqua Holdings Corporation
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  • Umpqua Holdings Corporation Increases Quarterly Dividend 50%
    Company Release - 06/08/2004 05:00
            Quarterly Earnings Conference Call Scheduled for July 15, 2004

    PORTLAND, Ore., June 8 /PRNewswire-FirstCall/ -- The Board of Directors of Umpqua Holdings Corporation (Nasdaq: UMPQ) today announced a cash dividend of $.06 per share payable on July 15, 2004 to all shareholders of record as of June 30, 2004. The second quarter dividend amount was increased by $.02 per share, a 50% increase over the first quarter.

    (Logo: http://www.newscom.com/cgi-bin/prnh/20030917/SFW078LOGO )

    Umpqua Holdings Corporation will conduct a quarterly earnings conference call Thursday, July 15, 2004 at 10:00 a.m. PDT where the Company will discuss second quarter results and provide an update on recent activities. There will be a question-and-answer session following the presentation. Shareholders, analysts and other interested parties are invited to join the call by dialing 888-323-2711 a few minutes before 10:00 a.m. The password is "UMPQUA." A rebroadcast will be available approximately one hour after the conference call by dialing 888-568-0664, or by visiting www.umpquaholdingscorp.com. Information to be discussed in the teleconference will be available on the company's website prior to the call.

    Umpqua Holdings Corporation is the parent company of Umpqua Bank, an Oregon state-chartered bank recognized for its entrepreneurial approach, innovative use of technology, and distinctive banking solutions. Umpqua Bank has 64 stores throughout Oregon and Southwest Washington. The bank was named #1 on "The 100 Best Companies to Work For in Oregon" large companies list for 2004 by Oregon Business Magazine. Umpqua Holdings also owns a retail brokerage subsidiary, Strand, Atkinson, Williams & York, Inc. which has 14 locations throughout Oregon and Southwest Washington and offers brokerage services within Umpqua Bank stores. Additionally, Umpqua Holdings' Private Client Services Division provides tailored financial services and products to individual customers. Umpqua Holdings Corporation is headquartered in Portland, Oregon. For more information, visit www.umpquaholdingscorp.com.

    SOURCE  Umpqua Holdings Corporation
        -0-                             06/08/2004
        /CONTACT:  Dan Sullivan, +1-503-546-2492, or dansullivan@umpquabank.com,
    or Steve Bellas, +1-503-546-2495, or stevebellas@umpquabank.com, both of
    Umpqua Holdings Corporation/
        /Photo:  http://www.newscom.com/cgi-bin/prnh/20030917/SFW078LOGO
                 AP Archive:  http://photoarchive.ap.org
                 PRN Photo Desk, 888-776-6555 or 212-782-2840/
        /Web site:  http://www.umpquaholdingscorp.com /
        (UMPQ)
    
    CO:  Umpqua Holdings Corporation
    ST:  California
    IN:  FIN
    SU:  DIV CCA
    
    RN-MW 
    -- SFTU038 --
    6013 06/08/200405:00 EDThttp://www.prnewswire.com