February 25, 2024
Loading...
You are here:  Home  >  Banking & Finance  -  Page 33

Montecito Bank & Trust
Latest

Montecito Bank & Trust assets approach $2.5B

By   /  Friday, August 5th, 2022  /  Banking & Finance, Banking Industry, Latest news, Regions, Santa Barbara County  /  Comments Off on Montecito Bank & Trust assets approach $2.5B

Montecito Bank & Trust, the biggest bank based in the tri-county region, reported total assets increased nearly 13% during the 12 months ending June 30. The Santa Barbara-based bank saw total assets grow $276.45 million during the period, closing at $2.46 billion, it said in a quarterly report released Aug. 5. Montecito Bank & Trust Read More →

Latest

Amgen beats analysts’ expectations for earnings and revenue in Q2

By   /  Thursday, August 4th, 2022  /  Banking & Finance, Earnings, Health Care & Life Science, Latest news, Regions, Subscriber content, Top Stories, Tri-County Public Companies, Ventura County  /  Comments Off on Amgen beats analysts’ expectations for earnings and revenue in Q2

This article is only available to Business Times subscribers Subscribers: LOG IN or REGISTER for complete digital access. Not a Subscriber? SUBSCRIBE for full access to our weekly newspaper, online edition and Book of Lists. Check the STATUS of your Subscription Account.

Latest

Velocity reports earnings growth in Q2

By   /  Thursday, August 4th, 2022  /  Banking & Finance, Earnings, Latest news, Real Estate, Regions, Tri-County Public Companies, Ventura County  /  Comments Off on Velocity reports earnings growth in Q2

Real estate finance company Velocity Financial saw its second quarter net income increase and its total loan portfolio grow from 2021 to 2022, according to an earnings statement the company released on Aug. 4. The Westlake Village-based company reported net income of $10.6 million, or diluted earnings per share of 31 cents, in the second Read More →

Latest

Amgen to buy ChemoCentryx for $3.7B

By   /  Thursday, August 4th, 2022  /  Banking & Finance, Health Care & Life Science, Latest news, left, Regions, Top Stories, Tri-County Public Companies, Ventura County  /  Comments Off on Amgen to buy ChemoCentryx for $3.7B

Amgen was having a relatively quiet year on the mergers and acquisitions front, at least until Aug. 4, when the Thousand Oaks-based biotech firm announced it will purchase ChemoCentryx for nearly $3.7 billion. ChemoCentryx is a Silicon Valley biopharmaceutical company focused on orally administered therapeutics to treat autoimmune diseases, inflammatory disorders and cancer. It has Read More →

Latest

Arcutis to raise $150M in public stock offering

By   /  Wednesday, August 3rd, 2022  /  Banking & Finance, Health Care & Life Science, Latest news, Regions, Top Stories, Tri-County Public Companies, Ventura County  /  Comments Off on Arcutis to raise $150M in public stock offering

Arcutis Biotherapeutics, a Westlake Village-based company developing drugs for immune dermatological conditions, plans to raise $150 million through a public offering of additional shares of common stock. Arcutis announced the pricing of those shares on Aug. 2, at $20 per share. Shares of Arcutis closed at $19.50 that day and then shot up 17% on Read More →

Latest

Semtech announces $1.2B Sierra Wireless acquisition

By   /  Tuesday, August 2nd, 2022  /  Banking & Finance, Latest news, middle, Regions, Technology, Top Stories, Tri-County Public Companies, Ventura County  /  Comments Off on Semtech announces $1.2B Sierra Wireless acquisition

Semtech Corporation, a Camarillo-based semiconductor company specializing in Internet of Things applications, is making its largest acquisition ever, announcing Aug. 2 that it will buy Sierra Wireless for $1.2 billion. Based in Vancouver, Canada, Sierra Wireless also makes components for Internet of Things applications. “Internet of Things” refers to devices connected to the internet that Read More →

Latest

Semtech in talks to buy Sierra Wireless for $1.2B

By   /  Tuesday, August 2nd, 2022  /  Banking & Finance, Latest news, Regions, Technology, Top Stories, Tri-County Public Companies, Ventura County  /  Comments Off on Semtech in talks to buy Sierra Wireless for $1.2B

The Camarillo-based semiconductor company Semtech Corp. disclosed Aug. 2 that it “has engaged in advanced discussions” regarding a possible $1.2 billion acquisition of Sierra Wireless, a Canadian company that makes components for the Internet of Things applications that Semtech also specializes in. Bloomberg first reported a potential deal on Aug. 1, and that day shares Read More →