Community West Bank acquires United Security Bank
Community West Bancshares will substantially grow its footprint in the Central Valley with the acquisition of United Security Bank in an all-stock transaction. The combined bank will operate under the Community West name, and assets will total around $5 billion, according to a statement announcing the merger on Dec. 17. Both bank boards have approved Read More →
AeroVironment announces near $1B deal, Q2 earnings
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Glass House Q3 revenue tanks after immigration raids
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Semtech’s R&D investments fuel Q3 growth
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Glass House Farms’ Q3 revenue goes up in smoke
July 10 immigration raids at Glass House Farms’ cannabis facilities in Camarillo and Carpinteria resulted in a steep decline in third quarter revenue year-over-year. According to the Long Beach-based company’s third quarter earnings report released this month, revenue was $38.4 million compared to $63.8 million in third quarter 2024. The company attributed the revenue dive to revamped Read More →
Aeluma grows revenue, new contracts in first quarter
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Calavo ponders buyout as CEO retires
Santa Paula-based Calavo Growers announced that Lee Cole will retire as president and CEO on Dec. 8 — his second retirement in five years — as the company ponders an unsolicited proposal. Announced Nov. 12, this was Cole’s second stint as CEO, as his first go-round was from 1999 until 2020, and he also served as Read More →
