The price drop could mean something big is up with Umqpua. They received the TARP & cut the dividend to accumulate capital? Why? Something is up that is why.
It is obvious that they are making a run on Citicorp.
Wonderful post! Thank you for the chuckle.pv
Hopefully they're moving themselves into a position to buy another bank and there isn't something bad about to happen.On that note, what are the affects of the TARP on Earnings? Will it affect it in any ways?
PRWT - check it out.