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Montecito Bank & Trust
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Dubroff: U.S. Bank CIO shares insights on nation’s economy

By   /  Thursday, October 26th, 2023  /  Banking & Finance, Banking Industry, Columns, Latest news  /  Comments Off on Dubroff: U.S. Bank CIO shares insights on nation’s economy

At a pivotal moment for investors, the future of the U.S. economy lies in the hands of American consumers and their ability to fund aspirational trips and gifts and without breaking the bank. On a morning where war in the Middle East and turmoil in Congress were making headlines, Eric Freedman, chief investment officer at Read More →

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Teledyne announces third quarter results, C-Suite changes

By   /  Wednesday, October 25th, 2023  /  Central Coast, Earnings, Latest news, Technology, Top Stories, Top Story, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Teledyne announces third quarter results, C-Suite changes

It was another quarter of growth for Thousand Oaks-based Teledyne, with sales and earnings both increasing — but the biggest news announced by the technology and defense conglomerate was actually a change in the C-Suite. Robert Mehrabian, the longtime Teledyne executive, will be stepping down from his post as CEO on Jan. 1 and moving into Read More →

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Community Bank of Santa Maria reports higher net income

By   /  Monday, October 16th, 2023  /  Banking & Finance, Banking Industry, Earnings, Latest news, Tri-County Public Companies  /  Comments Off on Community Bank of Santa Maria reports higher net income

The Community Bancorp of Santa Maria, the parent company of Community Bank of Santa Maria, announced its earnings for the third quarter of 2023 on Oct. 16 after the markets closed.  The bank announced net income worth $2.9 million for the quarter ended Sept. 30, up 22% from the $2.4 million during the same period Read More →

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Portfolio watch

By   /  Friday, October 13th, 2023  /  Banking & Finance, Banking Industry, Columns, Latest news, Personal Finance, Subscriber content  /  Comments Off on Portfolio watch

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Community West Bank agrees to $100M merger

By   /  Thursday, October 12th, 2023  /  Banking & Finance, Banking Industry, Latest news, Top Stories, Top Story, Tri-County Public Companies  /  Comments Off on Community West Bank agrees to $100M merger

Goleta-based Community West Bank is expanding its operations after the organization announced it would be merging with Central Valley Community Bank with the signing of an all-stock merger agreement on Oct. 10. The deal, which is expected to close in the second quarter of 2024, is valued at $99.4 million based on Central Valley Community Read More →

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Private bank to open first Santa Barbara location

By   /  Friday, October 6th, 2023  /  Banking & Finance, Banking Industry, Latest news, middle, Subscriber content, Tri-County Economy  /  Comments Off on Private bank to open first Santa Barbara location

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Teledyne’s growth through acquisition strategy meets the test

By   /  Thursday, October 5th, 2023  /  Latest news, Subscriber content, Technology, Tri-County Public Companies  /  Comments Off on Teledyne’s growth through acquisition strategy meets the test

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