Umpqua Holdings Corporation’s strategic plan to boost profitability and simplify operations by 2020, called NextGen, appears to be performing above expectations, according to the bank’s fourth-quarter earnings for 2018. The Roseburg, Ore.-based bank realized $16 million of a $24 million-to-$36 million target range for annual cost reductions. Another $8 million in cost reductions are expected to […]
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