March 29, 2024
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Latest

LTC shares up after report of rising earnings for Q2

By   /  Monday, August 1st, 2022  /  Banking & Finance, Earnings, Latest news, Real Estate, Regions, Tri-County Public Companies, Ventura County  /  Comments Off on LTC shares up after report of rising earnings for Q2

Westlake Village-based real estate investment trust LTC Properties reported net income of nearly $55 million, or $1.36 per diluted share, for the second quarter ended June 30. That was up from $18.1 million, or 46 cents per diluted share, for the same period last year. Funds from operations attributable to common stockholders were $25.3 million Read More →

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Cure sells $20M in intellectual property, replaces CEO and CFO

By   /  Monday, August 1st, 2022  /  Banking & Finance, Health Care & Life Science, Latest news, Regions, Top Stories, Tri-County Public Companies, Ventura County  /  Comments Off on Cure sells $20M in intellectual property, replaces CEO and CFO

Oxnard-based Cure Pharmaceutical, a drug delivery platform and CBD products company, will be selling a portion of its intellectual property and related assets for $20 million, the company announced July 28. The buyer was a company called TF Tech Ventures, and the deal closed July 22, Cure said in a July 28 filing with the Read More →

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Community West reports earnings decline as PPP loans wind down

By   /  Friday, July 29th, 2022  /  Banking & Finance, Banking Industry, Earnings, Latest news, Tri-County Public Companies  /  Comments Off on Community West reports earnings decline as PPP loans wind down

Goleta-based Community West Bank reported a drop in net income in its most recent quarter, as the federal Paycheck Protection Program wound down. Community West Bancshares, the bank’s holding company, released its earnings report for the second quarter of 2022 before the markets opened July 29. Its net income for the quarter was $2.6 million, Read More →

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Deckers shares up as strong showing by Hoka drives revenue growth in Q1

By   /  Thursday, July 28th, 2022  /  Banking & Finance, Earnings, Latest news, Regions, Santa Barbara County, Subscriber content, Top Stories, Top Story, Tri-County Public Companies  /  Comments Off on Deckers shares up as strong showing by Hoka drives revenue growth in Q1

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Latest

Teledyne shares down despite report of earnings and revenue growth

By   /  Wednesday, July 27th, 2022  /  Banking & Finance, Earnings, Latest news, Regions, Subscriber content, Technology, Top Stories, Tri-County Public Companies, Ventura County  /  Comments Off on Teledyne shares down despite report of earnings and revenue growth

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Bank of the Sierra income down, due in part to rising interest rates

By   /  Monday, July 25th, 2022  /  Banking & Finance, Banking Industry, Earnings, Latest news, Tri-County Public Companies  /  Comments Off on Bank of the Sierra income down, due in part to rising interest rates

Sierra Bancorp’s net income fell to $9.2 million in the second quarter of 2022, from $11.7 million a year earlier, the bank announced July 25. The parent company of Bank of the Sierra posted net income of 61 cents per diluted share for the quarter ended June 30, compared with 76 cents per diluted share Read More →

Latest

American Riviera Bank reports income drop due to end of PPP program

By   /  Monday, July 25th, 2022  /  Banking & Finance, Banking Industry, Earnings, Latest news, Regions, Santa Barbara County, Tri-County Public Companies  /  Comments Off on American Riviera Bank reports income drop due to end of PPP program

Santa Barbara-based American Riviera Bank reported July 21 that its net income in the first half of 2022 shrank to $5.7 million, compared with $6.1 million in the same period a year earlier. For the second quarter, which ended June 30, American Riviera reported unaudited net income of $2.5 million, or 49 cents per share, Read More →