Montecito Bank & Trust assets approach $2.5B
By pacbiztimes / Friday, August 5th, 2022 / Banking & Finance, Banking Industry, Latest news, Regions, Santa Barbara County / Comments Off on Montecito Bank & Trust assets approach $2.5B

Montecito Bank & Trust, the biggest bank based in the tri-county region, reported total assets increased nearly 13% during the 12 months ending June 30. The Santa Barbara-based bank saw total assets grow $276.45 million during the period, closing at $2.46 billion, it said in a quarterly report released Aug. 5. Montecito Bank & Trust Read More →

Thousands of new homes in pipeline in Moorpark
By pacbiztimes / Friday, August 5th, 2022 / Latest news, Real Estate, Regions, Subscriber content, Top Stories, Ventura County / Comments Off on Thousands of new homes in pipeline in Moorpark

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New Mindbody CEO discusses company’s post-pandemic rebound
By Jorge Mercado / Friday, August 5th, 2022 / Latest news, middle, Regions, San Luis Obispo County, Subscriber content, Technology, Top Stories / Comments Off on New Mindbody CEO discusses company’s post-pandemic rebound

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Dispute over Cal Poly dining hall lands in court
By pacbiztimes / Friday, August 5th, 2022 / Higher Education, Latest news, Real Estate, Regions, San Luis Obispo County, Subscriber content, Top Stories / Comments Off on Dispute over Cal Poly dining hall lands in court

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Wine Buzz: ‘Exodus’ by insurance carriers leaves wineries in the lurch
By Abigail Napp / Friday, August 5th, 2022 / Agribusiness, Columns, Latest news, Regions, San Luis Obispo County, Santa Barbara County, Subscriber content, Top Stories, Wine & Viticulture / Comments Off on Wine Buzz: ‘Exodus’ by insurance carriers leaves wineries in the lurch

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Amgen beats analysts’ expectations for earnings and revenue in Q2
By Jorge Mercado / Thursday, August 4th, 2022 / Banking & Finance, Earnings, Health Care & Life Science, Latest news, Regions, Subscriber content, Top Stories, Tri-County Public Companies, Ventura County / Comments Off on Amgen beats analysts’ expectations for earnings and revenue in Q2

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Velocity reports earnings growth in Q2
By pacbiztimes / Thursday, August 4th, 2022 / Banking & Finance, Earnings, Latest news, Real Estate, Regions, Tri-County Public Companies, Ventura County / Comments Off on Velocity reports earnings growth in Q2

Real estate finance company Velocity Financial saw its second quarter net income increase and its total loan portfolio grow from 2021 to 2022, according to an earnings statement the company released on Aug. 4. The Westlake Village-based company reported net income of $10.6 million, or diluted earnings per share of 31 cents, in the second Read More →