February 6, 2023
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Assets and earnings up at American Riviera Bank

By   /  Monday, April 25th, 2022  /  Banking & Finance, Banking Industry, Earnings, Latest news, Regions, Santa Barbara County, Tri-County Public Companies  /  Comments Off on Assets and earnings up at American Riviera Bank

American Riviera Bank, based in Santa Barbara, reported net income of $3.2 million for the quarter ended March 31, a 23% increase over the same period last year. Net income for the first quarter totaled 61 cents per share, compared with 50 cents per share a year earlier, according to the earnings statement the bank Read More →

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Citizens Business Bank reports decline in income for Q1

By   /  Thursday, April 21st, 2022  /  Banking & Finance, Banking Industry, Earnings, Latest news, Tri-County Public Companies  /  Comments Off on Citizens Business Bank reports decline in income for Q1

CVB Financial, the parent of Citizens Business Bank, reported net income of $45.6 million, or diluted earnings per share of 31 cents, for the first quarter ended March 31. Citizens Business Bank is based in Ontario, California, and four locations in Ventura County and one in Santa Barbara. In earnings reported April 20, the bank Read More →

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Loans slow down but deposits grow at Community Bank of Santa Maria

By   /  Monday, April 18th, 2022  /  Banking & Finance, Banking Industry, Earnings, Latest news, Regions, Santa Barbara County, Tri-County Public Companies  /  Comments Off on Loans slow down but deposits grow at Community Bank of Santa Maria

Total assets and deposits at Community Bank of Santa Maria grew in the first quarter of the fiscal year, even as new loans and net income decreased, the bank announced April 18. Community Bancorp of Santa Maria, the holding company for Community Bank of Santa Maria, reported its total assets rose to $411.4 million by Read More →

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Sientra reports rising revenue, declining losses

By   /  Wednesday, March 23rd, 2022  /  Banking & Finance, Earnings, Health Care & Life Science, Latest news, Regions, Santa Barbara County, Tri-County Public Companies  /  Comments Off on Sientra reports rising revenue, declining losses

Goleta-based Sientra reported record revenue for the fourth quarter and full year of 2021, and while the company still saw net losses, they were lower, the company reported March 23. Sientra, a breast implant manufacturer, had revenue of $22.6 million for the quarter, representing growth of 26.6% year-over-year, excluding discontinued operations. For the full year, Read More →

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Semtech shares up after earnings report

By   /  Wednesday, March 16th, 2022  /  Banking & Finance, Earnings, Latest news, Regions, Technology, Tri-County Public Companies, Ventura County  /  Comments Off on Semtech shares up after earnings report

Camarillo-based Semtech Corp. delivered a strong fourth quarter and full year fiscal 2021 earnings report after the markets closed March 16, recording an all-time best revenue mark along with a bump in net profit for the full year. Semtech, a semiconductor company specializing in Internet of Things applications, had revenue of $740.9 million for the Read More →

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Limoneira shares drop 10% after earnings report

By   /  Friday, March 11th, 2022  /  Agribusiness, Banking & Finance, Earnings, Latest news, Regions, Subscriber content, Top Stories, Tri-County Public Companies, Ventura County  /  Comments Off on Limoneira shares drop 10% after earnings report

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Mission Produce shares tumble after report of Q1 losses

By   /  Thursday, March 10th, 2022  /  Agribusiness, Banking & Finance, Earnings, Latest news, middle, Regions, Subscriber content, Top Stories, Tri-County Public Companies, Ventura County  /  Comments Off on Mission Produce shares tumble after report of Q1 losses

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