Umpqua Holdings Corporation (NASDAQ:UMPQ), the parent company of Umpqua Bank and Umpqua Investments, Inc., today announced that its Board of Directors has approved a quarterly cash dividend in the amount of $0.18 per common share, an increase of 12.5% from the prior quarterly cash dividend of $0.16 per common share.  The dividend is payable on October 16, 2017, to shareholders of record as of September 30, 2017.

About Umpqua Holdings CorporationUmpqua Holdings Corporation (NASDAQ:UMPQ) is the parent company of Umpqua Bank, an Oregon-based community bank recognized for its entrepreneurial approach, innovative customer experience, and distinctive banking solutions. Umpqua Bank has locations across Oregon, Washington, California, Idaho and Nevada.  Umpqua Holdings also owns a retail brokerage subsidiary, Umpqua Investments, Inc., which has locations in Umpqua Bank stores and in dedicated offices in Oregon, and Pivotus Ventures, an innovation studio headquartered in Silicon Valley focused on creating key technologies and business models that transform finance and commerce.  Umpqua Holdings Corporation is headquartered in Portland, Oregon. For more information, visit umpquabank.com.

Contacts:Ron Farnsworth                                                                               EVP/Chief Financial Officer                                                       Umpqua Holdings Corporation                                                   503-727-4108                                                                             ronfarnsworth@umpquabank.com

Brad HowesSVP/Director of Investor RelationsUmpqua Holdings Corporation503-727-4226bradhowes@umpquabank.com

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