Heritage Oaks Bancorp beats analyst estimates for first quarter
Banking & Finance, Banking Industry, Earnings, Latest news, Tri-County Public CompaniesPaso Robles-based Heritage Oaks Bancorp beat analyst estimates when it reported first quarter earnings April 28. The company said it had revenues of $19 million, beating analyst estimates of $18.75 million. Earnings per share of 12 cents beat analyst estimates of 11 cents per share. The company also reported net income of $4 million. The Read More →
Inphi reports revenues up for first quarter
Earnings, Latest news, Tri-County Public CompaniesAfter missing analyst estimates in the fourth quarter of 2015, Inphi bounced back when it reported first quarter earnings April 28. Inphi reported revenues of $66.5 million, up from $59.1 million during the first quarter of 2015. It barely beat analyst estimates of $66.2 million, according to Zacks Investment Research. The company reported net income Read More →
Antioch University Santa Barbara hires new president
Higher Education, Latest newsAntioch University Santa Barbara has hired William Flores to be its new president. Flores will serve as the fourth president of the Santa Barbara campus, succeeding Nancy Leffert. Leffert will retire on June 30 after seven years of service. “The committee felt that Dr. Flores had both an impressive background and the visionary thinking to Read More →
OCB Bancorp reports strong growth in first quarter of 2016
Banking & Finance, Banking Industry, Earnings, Latest newsOCB Bancorp, parent company of Ojai Community Bank, Santa Barbara Community Bank, Ventura Community Bank and Santa Paula Community Bank, reported April 28 that it experienced strong growth in the first quarter of 2016. Loans reached $183 million, increasing by approximately $6 million for the first quarter, for an annualized growth rate of 15 percent. Read More →
Fentons give $1 million to news department at KCLU
Higher Education, Latest newsLinda and Dennis Fenton of Westlake Village have donated $1 million to the news department of radio station KCLU. The Linda and Dennis Fenton KCLU Radio News Endowment will be used to hire personnel and enhance equipment, programming and production. The National Public Radio station serves Ventura, Santa Barbara and San Luis Obispo counties. The Read More →
American Riviera Bank reports benefits of merger with The Bank of Santa Barbara
Banking & Finance, Banking Industry, Earnings, Latest news, Tri-County Public CompaniesSanta Barbara’s American Riviera Bank reported net income of $176,000 or 4 cents per share for the first quarter of 2016, compared to $443,000 or 17 cents per share for the same period in 2015. Operating income excluding costs related to the merger with The Bank of Santa Barbara for the first quarter of 2016 Read More →
Flir Systems beats revenue estimates but misses on earnings per share
Earnings, Latest news, Tri-County Public CompaniesFlir Systems topped revenue estimates but missed earnings per share expectations when it reported first quarter 2016 earnings April 26. Flir posted revenues of $379.5 million, trouncing analyst estimates of $357.8 million. That is also up from $344.5 million a year ago. Earnings per share of 30 cents slightly missed analyst estimates of 32 cents Read More →
