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By Staff Report / Wednesday, July 15th, 2015 / Banking & Finance, Banking Industry, Earnings, Latest news, Top Stories, Tri-County Public Companies / Comments Off on Montecito Bank & Trust net income jumped 44 percent over prior year
Montecito Bank & Trust said July 15 that net income jumped 44 percent from a year earlier as total assets reached $1.2 billion. The privately-held bank is the largest financial institution headquartered in Santa Barbara County and it said loans grew 23 percent to $662 million. “We continue to see an increased demand for financing Read More →
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By Staff Report / Monday, June 15th, 2015 / Earnings, Latest news, Top Stories, Tri-County Economy, Tri-County Public Companies, West Ventura County / Comments Off on Homebuilder Ryland Group shares soar after announcing merger with Standard Pacific
Shares of Westlake Village-based homebuilder Ryland Group soared more than $2.20 or 5 percent to more than $45 per share after the company announced a merger with rival Standard Pacific of Irvine. Though billed as a “merger of equals,” the roughly $5.2 billion deal would give Standard Pacific shareholders the majority of shares in the Read More →
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By Staff Report / Thursday, May 28th, 2015 / Earnings, Latest news, South Coast, Top Stories / Comments Off on Deckers posts record Q4 revenue, beats Wall Street expectations
Goleta-based footwear and apparel company Deckers managed to smash Wall Street expectations in its fiscal 2015 fourth quarter earnings. The company recorded a $1.4 million profit for the quarter after posting a loss in the same period last year. Deckers also had record revenue of $340.6 million for the quarter, an increase of 15.6 percent Read More →
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By Staff Report / Friday, April 24th, 2015 / Earnings, Latest news, Top Stories / Comments Off on Community West post big first-quarter numbers
Goleta-based Community West Bancshares, parent company of Community West Bank, reported a profit of $1.8 million in the first quarter of 2015. The company recorded a profit of $1.4 million in the same period last year. “Community West’s first quarter accomplishments were a good start to the year as we continue to successfully strengthen our Read More →
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By Staff Report / Wednesday, April 22nd, 2015 / Earnings, Latest news / Comments Off on CalAmp’s fourth-quarter earnings surpass predictions
[wikichart align=”right” ticker=”NASDAQ:CAMP” showannotations=”true” livequote=”true” startdate=”22-10-2014″ enddate=”22-04-2015″ width=”300″ height=”245″] CalAmp shares soared more than 20 percent on April 22 after the company reported earnings for the quarter that beat estimates. Volume was unusually heavy with nearly 6 million shares trading hands, roughly 15 times average daily volume of about 450,000 shares. CalAmp’s profit was 32 Read More →
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By Staff Report / Friday, March 6th, 2015 / Agribusiness, Earnings, Latest news, South Coast, Top Stories, Tri-County Public Companies / Comments Off on Calavo shares shoot up on Q1 earnings
Santa Paula-based Calavo Growers roared out of the gate with a profit of $5.3 million in its fiscal 2015 first quarter, according to a release from the company. The company’s shares jumped nearly 6.5 percent to $45.05 at the market’s close. After recording a $1.8 million loss in the same period last year, Calavo appears Read More →
