Menu
/REGISTER
Montecito
Nixon Peabody
HWC
Loading...
You are here:  Home  >  Banking & Finance  >  Tri-County Public Companies

Montecito Bank & Trust
Latest

Teledyne earnings report shows best-ever performance in 2020

By   /  Wednesday, January 27th, 2021  /  Banking & Finance, Earnings, East Ventura County, Latest news, Technology, Tri-County Economy, Tri-County Public Companies  /  No Comments

Teledyne Technologies beat analysts’ expectations when it announced its fourth quarter results Jan. 27, with a slight decrease in revenue but a bump in net income compared to the same quarter a year earlier. Teledyne, a Thousand Oaks-based industrial and scientific conglomerate, reported earnings per share of $3.48 for the fourth quarter of 2020, up Read More →

Read More →
Latest

Inogen names new CEO

By   /  Wednesday, January 27th, 2021  /  Banking & Finance, Central Coast Health Watch, Latest news, South Coast, Technology, Tri-County Economy, Tri-County Public Companies  /  No Comments

Inogen, a medical device company in Goleta that makes portable oxygen concentrators, named a new president and CEO on Jan. 27. Nabil Shabshab, 56, will lead the company starting Feb. 8, Inogen said. He has spent the last nine years with the medical technology company Becton Dickinson and Company, including the past three and a Read More →

Read More →
Latest

Pacific Premier sees bump in income, assets in fourth quarter

By   /  Tuesday, January 26th, 2021  /  Banking & Finance, Banking Industry, Central Coast, Earnings, Latest news, Tri-County Economy, Tri-County Public Companies  /  No Comments

Pacific Premier Bancorp’s net income rose in 2020 on the back of strong overall performance, causing the company to approve a new $150 million share repurchase program, the bank announced Jan. 26. The bank’s net income increased more than 63% from the previous year, going from $41.1 million in the fourth quarter of 2019 to Read More →

Read More →
Latest

Bank of the Sierra reports higher loan volume but income drop

By   /  Tuesday, January 26th, 2021  /  Banking & Finance, Banking Industry, Earnings, Latest news, Tri-County Public Companies  /  No Comments

Sierra Bancorp announced a slightly-lower net income when it released its fourth quarter 2020 earnings amid high deposit growth and record growth in loans and leases. The parent of Bank of the Sierra, which is based in Porterville but has 11 branches in the Tri-Counties, announced a fourth quarter net income of $9 million, or Read More →

Read More →
Latest

Obituary: PennyMac founder Stanford Kurland

By   /  Monday, January 25th, 2021  /  Banking & Finance, East Ventura County, Latest news, Real Estate, Tri-County Economy, Tri-County Public Companies  /  No Comments

EDITOR’S NOTE: This article was updated Jan. 27 to include the fact that Kurland died of complications from COVID-19. Stanford Kurland made a fortune from his first foray into mortgage banking, and his timely exit from Countrywide Financial came just before the housing bubble burst. His second foray made him even richer, but it also Read More →

Read More →
Latest

Wall Street loves AeroVironment’s latest acquisition

By   /  Friday, January 22nd, 2021  /  Banking & Finance, East Ventura County, Latest news, right, Subscriber content, Technology, Top Stories, Tri-County Economy, Tri-County Public Companies  /  No Comments

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.

Read More →
Latest

Community Bancorp of Santa Maria reports rising revenue and expenses

By   /  Wednesday, January 20th, 2021  /  Banking & Finance, Banking Industry, Earnings, Latest news, Tri-County Public Companies  /  No Comments

Community Bancorp of Santa Maria saw another quarter of continued growth, buoyed by federal Paycheck Protection Program loans, even as net income fell. The bank’s total income rose 4.3%, but net income fell by more than 19%, going from $2.7 million in December 2019 to $2.2 million in the same month of 2020. Net loans Read More →

Read More →