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Montecito Bank & Trust
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Thousand Oaks’ Amgen just keeps chugging along

By   /  Friday, February 5th, 2016  /  Earnings, East Ventura County, Health Care, middle, Tri-County Public Companies  /  Comments Off on Thousand Oaks’ Amgen just keeps chugging along

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Deckers Outdoor fourth quarter earnings results positive

By   /  Thursday, February 4th, 2016  /  Earnings, Latest news, Tri-County Public Companies  /  Comments Off on Deckers Outdoor fourth quarter earnings results positive

Deckers Outdoor, a Goleta-based manufacturer of outdoor footwear apparel and accessories, beat analyst earnings per share estimates when it released third quarter 2016 earnings Feb. 4. Earnings per share increased to $4.78 from $4.50 last year. That beat analyst estimates of $4.75 per share, according to Yahoo Finance. Revenues also increased 3.6 percent during the Read More →

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Inphi misses revenue predictions but beats earnings per share

By   /  Thursday, February 4th, 2016  /  Earnings, Latest news, Tri-County Public Companies  /  Comments Off on Inphi misses revenue predictions but beats earnings per share

Inphi Corp. barely missed revenue expectations and barely beat earnings per share when it released fourth quarter and yearly earnings Feb. 4. Sales grew 3.2 percent from $62.4 million last year to $64.4 million this year. Yearly revenues also grew from $156.1 million in 2014 to $246.6 million in 2015. Inphi also had earnings per Read More →

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Heritage Oaks Bancorp misses fourth-quarter estimates

By   /  Monday, February 1st, 2016  /  Banking & Finance, Banking Industry, Earnings, Latest news  /  Comments Off on Heritage Oaks Bancorp misses fourth-quarter estimates

Paso Robles-based Heritage Oaks Bancorp earnings missed analyst estimates for the fourth quarter but earnings were significantly up on the year. Heritage Oaks reported net income of $3.5 million, or 10 cents per share, for the fourth quarter. That missed analyst expectations of 11 cents per share and was down from $4.2 million net earnings, Read More →

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Amgen revenues up 8 percent in 2015

By   /  Thursday, January 28th, 2016  /  Earnings, East Ventura County, Health Care, Latest news, Top Stories, Tri-County Public Companies  /  Comments Off on Amgen revenues up 8 percent in 2015

Despite increased competition from biosimilars and blockbuster mergers by its rivals, Amgen revenues rose 8 percent to $21.67 billion in 2015 from $20.06 billion in 2014. Thousand Oaks-based biotech giant Amgen released its fourth-quarter earnings after markets closed on Jan. 28. Quarterly revenues were also up 4 percent to $5.54 billion in 2015 from $5.33 Read More →

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Montecito Bank & Trust profits up 21 percent in 2015

By   /  Tuesday, January 26th, 2016  /  Banking & Finance, Banking Industry, Earnings, Latest news  /  Comments Off on Montecito Bank & Trust profits up 21 percent in 2015

Santa Barbara-based Montecito Bank & Trust reported net income of $15.9 million for 2015, up from $13.1 million in 2014. Total gross loans grew 17 percent year-over-year, totaling $711 million on Dec. 31. Total assets were up $53 million in 2015 to $1.2 billion. Total deposits increased 4.5 percent to $1.1 billion, up $48 million. Read More →

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Community West Bancshares fourth-quarter income down from previous year

By   /  Tuesday, January 26th, 2016  /  Banking & Finance, Banking Industry, Earnings, Latest news, Tri-County Public Companies  /  Comments Off on Community West Bancshares fourth-quarter income down from previous year

Community West Bancshares, parent company of Community West Bank headquartered in Goleta, reported a net income of $1.9 million for the fourth quarter of 2015, down from $2.2 million the previous year. For the full year, Community West reported net income of $2.9 million, down from $7 million in 2014. Excluding the $7.1 million net Read More →

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