Umpqua Holdings (UMPQ) in Portland, Ore., missed its quarterly earnings expectations because of margin pressure.

The $11.5 billion-asset company's first-quarter earnings fell 8% from a year earlier, to $23.4 million, or 21 cents a share. The results missed analysts' expectations by 2 cents, according to Bloomberg.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

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