April 23, 2024
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Running shoe sales propel Deckers to profitable quarter

By   /  Thursday, July 29th, 2021  /  Banking & Finance, Earnings, Latest news, right, South Coast, Top Stories, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Running shoe sales propel Deckers to profitable quarter

Goleta-based Deckers Brands started its 2021-22 fiscal year strong, reporting huge increases in earnings and revenue in quarterly results released after the markets closed July 29. The parent company of Ugg, Teva and other footwear brands delivered earnings of $48.1 million in the most recent quarter, or $1.71 per share, much better than the same Read More →

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Umbra launches out of stealth mode

By   /  Friday, July 23rd, 2021  /  Latest news, right, South Coast, Startups, Subscriber content, Technology, Top Stories, Tri-County Economy  /  Comments Off on Umbra launches out of stealth mode

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Mujeres Market makes its mark with pop-ups in Santa Barbara

By   /  Friday, July 23rd, 2021  /  Latest news, Small Business, South Coast, Subscriber content, Top Stories, Top Story, Tri-County Economy  /  Comments Off on Mujeres Market makes its mark with pop-ups in Santa Barbara

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American Riviera Bank reports strong second quarter

By   /  Friday, July 23rd, 2021  /  Banking & Finance, Banking Industry, Earnings, Latest news, South Coast, Tri-County Economy, Tri-County Public Companies  /  Comments Off on American Riviera Bank reports strong second quarter

American Riviera Bank more than doubled its net income from the second quarter of 2020 to the same quarter of 2021, buoyed by Paycheck Protection Program fee income. The Santa Barbara-based bank reported $3.57 million in net income in the most recent quarter, or 70 cents per share, compared to $1.57 million, or 31 cents Read More →

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Santa Barbara nonprofits close COVID relief fund

By   /  Tuesday, July 20th, 2021  /  Central Coast, Health Care & Life Science, Latest news, Nonprofits, South Coast, Tri-County Economy  /  Comments Off on Santa Barbara nonprofits close COVID relief fund

Santa Barbara County’s COVID-19 Joint Response Effort is closing its relief fund after distributing $5.8 million to those in need since the start of the pandemic.  The creators of the COVID-19 Joint Response Effort are The Santa Barbara Foundation, United Way of Santa Barbara County and the Hutton Parker Foundation. The groups announced the end Read More →

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Bank of the Sierra reports record earnings

By   /  Tuesday, July 20th, 2021  /  Banking & Finance, Banking Industry, Central Coast, Earnings, East Ventura County, Latest news, South Coast, Tri-County Economy, Tri-County Public Companies, West Ventura County  /  Comments Off on Bank of the Sierra reports record earnings

Sierra Bancorp reported record earnings boosted by lower loan and lease losses and improvements to the overall economy, the bank announced July 19. The parent company of Bank of the Sierra said it had $11.7 million in net income for the quarter ended June 30, or 76 cents per diluted share, compared to $8.3 million Read More →

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Former MIT Enterprise Forum finds its new identity

By   /  Friday, July 16th, 2021  /  Latest news, South Coast, Subscriber content, Technology, Top Stories, Tri-County Economy  /  Comments Off on Former MIT Enterprise Forum finds its new identity

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