Umpqua Bank is owned by Columbia Banking System, Inc. (NASDAQ: COLB).
Understanding the Ownership Structure
Columbia Banking System, Inc. serves as the parent company for Umpqua Bank. This ownership structure means that Umpqua Bank operates as a subsidiary under the larger Columbia Banking System organization.
Key details about the ownership:
- Parent Company: Columbia Banking System, Inc.
- Headquarters of Parent Company: Tacoma, Washington
- Owned Entity: Umpqua Bank
- Headquarters of Umpqua Bank: Lake Oswego, Oregon
- Nature of Umpqua Bank: An award-winning western U.S. regional bank.
This relationship positions Umpqua Bank as a significant part of a larger, regionally focused financial institution. For more information about the parent company, you can visit the official Columbia Banking System website.