Community West Bank acquires United Security Bank
Community West Bancshares will substantially grow its footprint in the Central Valley with the acquisition of United Security Bank in an all-stock transaction. The combined bank will operate under the Community West name, and assets will total around $5 billion, according to a statement announcing the merger on Dec. 17. Both bank boards have approved Read More →
AeroVironment announces near $1B deal, Q2 earnings
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.
Glass House Q3 revenue tanks after immigration raids
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.
BofA report finds business owners hopeful for growth
Small and mid-sized businesses throughout the country are “cautiously optimistic” as the new year approaches, according to Bank of America’s 2025 Business Owner Report. Released on Nov. 18, the report interviewed 819 small business owners with revenue between $1 million and $5 million and 253 medium-sized business owners with revenue between $5 million and $50 Read More →
Semtech’s R&D investments fuel Q3 growth
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.
Community Dividends buffer deep budget cuts
Montecito Bank & Trust honored the legacy of its late founder and provided major grants to blunt the impact of budget cuts on the most needy at its 23rd annual Community Dividends awards luncheon. Held on the Monday before Thanksgiving since 2003, the 2025 awards marked the 50th anniversary of the region’s largest bank. As Read More →
Glass House Farms’ Q3 revenue goes up in smoke
July 10 immigration raids at Glass House Farms’ cannabis facilities in Camarillo and Carpinteria resulted in a steep decline in third quarter revenue year-over-year. According to the Long Beach-based company’s third quarter earnings report released this month, revenue was $38.4 million compared to $63.8 million in third quarter 2024. The company attributed the revenue dive to revamped Read More →
