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Latest

Bank of the Sierra earnings up slightly

By   /  Monday, October 25th, 2021  /  Banking & Finance, Banking Industry, Earnings, Latest news, Tri-County Public Companies  /  Comments Off on Bank of the Sierra earnings up slightly

Sierra Bancorp, the parent company of Bank of the Sierra, reported Oct. 25 that its net income rose slightly in the third quarter, compared to the same quarter a year earlier, while loan volume was down. The bank is headquartered in Porterville and has nine branches in the tri-county region. It had $10.6 million in Read More →

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Latest

Citizens Business Bank reports ‘solid loan growth,’ higher earnings in Q3

By   /  Thursday, October 21st, 2021  /  Banking & Finance, Banking Industry, Earnings, Latest news, Tri-County Public Companies  /  Comments Off on Citizens Business Bank reports ‘solid loan growth,’ higher earnings in Q3

CVB Financial Corp., the parent company of Citizens Business Bank, saw an increase in net income and asset growth for the quarter ended Sept. 30 when compared to the same period last year. Headquartered in Ontario, California, Citizens Business Bank has four branches in Ventura County and one in Santa Barbara. The bank had net Read More →

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Latest

Earnings, assets both up at Pacific Premier Bank

By   /  Thursday, October 21st, 2021  /  Banking & Finance, Banking Industry, Central Coast, Earnings, Latest news, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Earnings, assets both up at Pacific Premier Bank

Pacific Premier Bancorp saw its net income and assets grow in its most recent quarter, the company announced Oct. 21. The Irvine-based bank, which has nine branches in Santa Barbara and San Luis Obispo counties, reported net income of $90.1 million, or 95 cents per diluted share, for the quarter ended Sept. 30. For the Read More →

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Latest

Community Bank of Santa Maria reports Q3 earnings jump

By   /  Friday, October 15th, 2021  /  Banking & Finance, Banking Industry, Central Coast, Earnings, Latest news, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Community Bank of Santa Maria reports Q3 earnings jump

Community Bancorp of Santa Maria reported that its income, assets and deposits increased in the third quarter of 2021 compared to a year earlier, while the bank’s net loans were impacted by payoffs received federal Paycheck Protection Program loans. Community Bancorp is the parent company of Community Bank of Santa Maria, one of four banks Read More →

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Latest

Calavo announces Q2 loss and CEO’s departure; shares hit lowest point since 2015

By   /  Thursday, September 9th, 2021  /  Agribusiness, Banking & Finance, Earnings, Latest news, Top Stories, Tri-County Economy, Tri-County Public Companies, West Ventura County  /  Comments Off on Calavo announces Q2 loss and CEO’s departure; shares hit lowest point since 2015

Shares of Calavo Growers slipped more than 17% on Sept. 9, one day after the Santa Paula-based avocado distributor released third quarter earnings that were held back by inflation and said its CEO, James Gibson, is retiring from the post immediately. Calavo closed at $39.20 on Sept. 9, down from $47.26 the day before. The Read More →

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Latest

Semtech shares up after strong earnings report

By   /  Wednesday, September 1st, 2021  /  Banking & Finance, Earnings, Latest news, Technology, Top Stories, Tri-County Economy, Tri-County Public Companies, West Ventura County  /  Comments Off on Semtech shares up after strong earnings report

Semtech Corp., a Camarillo semiconductor company specializing in Internet of Things applications, saw shares up more than 5% after the markets closed Sept. 1 after the company shared a record-breaking financial statement for the second quarter of fiscal year 2021-22. Semtech delivered earnings of $32.2 million, or 50 cents per share, for the second quarter Read More →

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Latest

Glass House Brands reports Q2 loss, growing revenue as it plans expansion into Ventura County

By   /  Tuesday, August 17th, 2021  /  Agribusiness, Banking & Finance, Banking Industry, Earnings, Latest news, middle, South Coast, Subscriber content, Top Stories, Tri-County Economy, Tri-County Public Companies, West Ventura County  /  Comments Off on Glass House Brands reports Q2 loss, growing revenue as it plans expansion into Ventura County

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