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 →
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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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 →
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 →
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