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Montecito Bank & Trust
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Montecito Bank & Trust reports growth in assets, loans, deposits and income

By   /  Friday, April 21st, 2017  /  Banking & Finance, Banking Industry, Earnings, Latest news, South Coast  /  Comments Off on Montecito Bank & Trust reports growth in assets, loans, deposits and income

Montecito Bank & Trust’s total assets grew by $68.1 million to $1.3 billion in the prior 12-month period, according to a quarterly report released April 20. The bank also reported loan growth of $155 million and increased deposits by 7.34 percent. The bank also reported that its net income for the period grew 28 percent Read More →

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Carpinteria software company Procore opening office in Australia

By   /  Friday, April 21st, 2017  /  Latest news, South Coast, Technology, Tri-County Public Companies  /  Comments Off on Carpinteria software company Procore opening office in Australia

Carpinteria-based Procore Technologies moved up from No. 880 last year to No. 697 this year. (Nik Blaskovich)

Construction software company Procore, based in Carpinteria, has opened a new office in Sydney, Australia. The addition of the new location is a response to high demand in Australia and New Zealand, the company said in a news release April 20. Its customers have reached more than 100 in the region, with more than 50,000 Read More →

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American Riviera Bank reports strong growth

By   /  Thursday, April 20th, 2017  /  Banking & Finance, Banking Industry, Earnings, Latest news, Tri-County Public Companies  /  Comments Off on American Riviera Bank reports strong growth

Santa Barbara-based American Riviera Bank showed strong growth for the first quarter of 2017, posting an unaudited net income of $956,000 or 22 cents per share. The rise represents a 426 percent increase from the $182,000 or 4 cents per share reported for the first quarter ended March 31, 2016. The growth is the latest Read More →

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CalAmp revenues up for fourth quarter

By   /  Tuesday, April 18th, 2017  /  Earnings, Latest news, Technology, Tri-County Public Companies  /  Comments Off on CalAmp revenues up for fourth quarter

Oxnard-based CalAmp, owner of LoJack brand security devices, said revenue for the fourth quarter ended Feb. 28 jumped 22 percent. CalAmp, which has made extensive investments in Internet of Things technologies, said LoJack contributed $27.8 million to fourth-quarter revenue, which totaled $86.1 million. “As we close out fiscal 2017 we are pleased with the progress Read More →

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QAD declares quarterly dividend

By   /  Thursday, April 13th, 2017  /  Earnings, Latest news, Tri-County Public Companies  /  Comments Off on QAD declares quarterly dividend

The board of directors for manufacturing software provider QAD, based in Santa Barbara, declared a quarterly dividend on April 13 for stockholders of record April 25. Stockholders will receive 7.2 cents for Class A common stock and 6 cents for Class B common stock, payable on May 2. • Contact Marissa Nall at [email protected]

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Investor wants Deckers Brands to consider sale

By   /  Friday, April 7th, 2017  /  Earnings, Latest news, South Coast, Tri-County Public Companies  /  Comments Off on Investor wants Deckers Brands to consider sale

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Investment firm asks Deckers Brands to explore sale

By   /  Monday, April 3rd, 2017  /  Earnings, Latest news, Tri-County Public Companies  /  Comments Off on Investment firm asks Deckers Brands to explore sale

An investment firm that owns a 3.3 percent stake in Deckers Brands wants the Goleta-based shoe company to explore options for seeking a sale or merger. In a letter dated March 27, Santa Monica-based Red Mountain Capital Partners said it was concerned about the “persistent underperformance” of Deckers’ stock. Red Mountain managing partners Willem Mesdag Read More →

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