July 21, 2024
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Latest

Pacific Western Bank reports year-over-year earnings growth

By   /  Tuesday, October 19th, 2021  /  Banking & Finance, Banking Industry, Earnings, Latest news, Tri-County Public Companies  /  Comments Off on Pacific Western Bank reports year-over-year earnings growth

Los Angeles-based PacWest Bancorp, which has 13 branches in the tri-county region, reported net earnings for the third quarter that were higher than a year before, but down from the previous quarter. In an Oct. 18 release, PacWest Bancorp, the parent company for Pacific Western Bank, reported net earnings of $140 million, or $1.17 per Read More →

Latest

Community Bank of Santa Maria reports Q3 earnings jump

By   /  Friday, October 15th, 2021  /  Banking & Finance, Banking Industry, Central Coast, Earnings, Latest news, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Community Bank of Santa Maria reports Q3 earnings jump

Community Bancorp of Santa Maria reported that its income, assets and deposits increased in the third quarter of 2021 compared to a year earlier, while the bank’s net loans were impacted by payoffs received federal Paycheck Protection Program loans. Community Bancorp is the parent company of Community Bank of Santa Maria, one of four banks Read More →

Latest

Calavo shares down amid turnover and uncertainty

By   /  Friday, October 1st, 2021  /  Agribusiness, Banking & Finance, Earnings, Latest news, right, Subscriber content, Top Stories, Tri-County Economy, Tri-County Public Companies, West Ventura County  /  Comments Off on Calavo shares down amid turnover and uncertainty

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Latest

Mission Produce drops 10% after missing earnings estimates

By   /  Tuesday, September 14th, 2021  /  Agribusiness, Banking & Finance, Earnings, Latest news, Top Stories, Tri-County Economy, Tri-County Public Companies, West Ventura County  /  Comments Off on Mission Produce drops 10% after missing earnings estimates

Shares of Mission Produce fell nearly 10% on Sept. 14, the day after the Oxnard-based avocado distributor and grower shared a flat third quarter 2021 financial report that fell below analysts’ expectations. For the quarter ended June 30, Mission Produce generated ​​$247 million in revenue, a 4% increase from the same period a year ago. Read More →

Latest

Calavo announces Q2 loss and CEO’s departure; shares hit lowest point since 2015

By   /  Thursday, September 9th, 2021  /  Agribusiness, Banking & Finance, Earnings, Latest news, Top Stories, Tri-County Economy, Tri-County Public Companies, West Ventura County  /  Comments Off on Calavo announces Q2 loss and CEO’s departure; shares hit lowest point since 2015

Shares of Calavo Growers slipped more than 17% on Sept. 9, one day after the Santa Paula-based avocado distributor released third quarter earnings that were held back by inflation and said its CEO, James Gibson, is retiring from the post immediately. Calavo closed at $39.20 on Sept. 9, down from $47.26 the day before. The Read More →

Latest

Semtech shares still soaring after Q2 earnings report

By   /  Tuesday, September 7th, 2021  /  Banking & Finance, Earnings, Latest news, Technology, Top Stories, Tri-County Economy, Tri-County Public Companies, West Ventura County  /  Comments Off on Semtech shares still soaring after Q2 earnings report

Shares of Camarillo-based Semtech climbed nearly 10% after a strong earnings report on Sept. 1, and in the following week continued to trade at their highest levels since February. Semtech, a semiconductor company specializing in Internet of Things applications, closed at $77.50 on Sept. 7. That was 9% above its closing price of $71.13 on Read More →

Latest

Semtech shares up after strong earnings report

By   /  Wednesday, September 1st, 2021  /  Banking & Finance, Earnings, Latest news, Technology, Top Stories, Tri-County Economy, Tri-County Public Companies, West Ventura County  /  Comments Off on Semtech shares up after strong earnings report

Semtech Corp., a Camarillo semiconductor company specializing in Internet of Things applications, saw shares up more than 5% after the markets closed Sept. 1 after the company shared a record-breaking financial statement for the second quarter of fiscal year 2021-22. Semtech delivered earnings of $32.2 million, or 50 cents per share, for the second quarter Read More →