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 →
Deckers shares up as strong showing by Hoka drives revenue growth in Q1
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Teledyne shares down despite report of earnings and revenue growth
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Thousand Oaks real estate firm manager arrested on charges of stealing $1M from business
The Ventura County Sheriff’s Department arrested the former operations manager of Aviara Real Estate in Thousand Oaks on July 26, on suspicion of stealing more than $1 million from the business, the Ventura County Sheriff’s Department announced July 26. Dana Hiscock Vines was arrested in Malibu and faces 18 felony counts of grand theft, the Read More →
Santa Barbara County business owners bend Carbajal’s ear on inflation, economy
With rising prices and subsequent disruptions brought on by the COVID-19 pandemic, businesses in the Tri-Counties are facing a tsunami of challenges. U.S. Rep. Salud Carbajal, D-Santa Barbara, hosted in-person roundtables with business owners and chamber of commerce leaders in San Luis Obispo on July 22 and in Santa Barbara on July 25, to discuss Read More →
Updated: Santa Barbara private equity firm buys Chartbeat, leader in media analytics
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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 →
