Umpqua Holdings' second-quarter profit surpassed Wall Street expectations, which exclude costs tied to the Portland, Ore., company’s purchase of Sterling Financial.

The $22 billion-asset company's net income fell 34%, to $17.2 million. 

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.