May 12, 2025
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Montecito Bank & Trust
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Atara announces plan to cut workforce by 20%

By   /  Tuesday, August 9th, 2022  /  Banking & Finance, Earnings, Health Care & Life Science, Latest news, left, Regions, Subscriber content, Top Stories, Tri-County Public Companies, Ventura County  /  Comments Off on Atara announces plan to cut workforce by 20%

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Olaplex shares drop 10% after Q2 earnings release

By   /  Tuesday, August 9th, 2022  /  Banking & Finance, Earnings, Latest news, Regions, Santa Barbara County, Subscriber content, Top Stories, Tri-County Public Companies  /  Comments Off on Olaplex shares drop 10% after Q2 earnings release

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Inogen beats Q2 estimates, but shares still drop

By   /  Monday, August 8th, 2022  /  Banking & Finance, Earnings, Health Care & Life Science, Latest news, Regions, Santa Barbara County, Subscriber content, Top Stories, Tri-County Public Companies  /  Comments Off on Inogen beats Q2 estimates, but shares still drop

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Procore reports growing revenue and shrinking losses, but narrowly misses analysts’ Q2 estimates

By   /  Monday, August 8th, 2022  /  Banking & Finance, Earnings, Latest news, Regions, Santa Barbara County, Subscriber content, Technology, Top Stories, Tri-County Public Companies  /  Comments Off on Procore reports growing revenue and shrinking losses, but narrowly misses analysts’ Q2 estimates

Carpinteria-based Procore Technologies moved up from No. 880 last year to No. 697 this year. (Nik Blaskovich)

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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 →

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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

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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 →