April 8, 2024
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American Riviera Bank reports income drop due to end of PPP program

By   /  Monday, July 25th, 2022  /  Banking & Finance, Banking Industry, Earnings, Latest news, Regions, Santa Barbara County, Tri-County Public Companies  /  Comments Off on American Riviera Bank reports income drop due to end of PPP program

Santa Barbara-based American Riviera Bank reported July 21 that its net income in the first half of 2022 shrank to $5.7 million, compared with $6.1 million in the same period a year earlier. For the second quarter, which ended June 30, American Riviera reported unaudited net income of $2.5 million, or 49 cents per share, Read More →

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Citizens Business Bank reports increase in net income for Q2

By   /  Wednesday, July 20th, 2022  /  Banking & Finance, Earnings, Latest news, Tri-County Public Companies  /  Comments Off on Citizens Business Bank reports increase in net income for Q2

CVB Financial Corp., the parent company of Citizens Business Bank, reported net income of $59.1 million for the second quarter ended June 30, an increase compared to $51.2 million for the same quarter last year. Citizens Business Bank in based in Ontario and has four branches in Ventura County and one in Santa Barbara. Diluted Read More →

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AeroVironment shares dip in after-hours trading after company reports loss for 2021-22

By   /  Tuesday, June 28th, 2022  /  Banking & Finance, Earnings, Latest news, Regions, Subscriber content, Technology, Top Stories, Tri-County Public Companies, Ventura County  /  Comments Off on AeroVironment shares dip in after-hours trading after company reports loss for 2021-22

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Mission Produce shares up despite dip in Q2 earnings

By   /  Thursday, June 9th, 2022  /  Agribusiness, Banking & Finance, Earnings, Latest news, Regions, Tri-County Public Companies, Ventura County  /  Comments Off on Mission Produce shares up despite dip in Q2 earnings

Oxnard-based Mission Produce, one of the largest avocado distributors in the world, reported its second-quarter earnings on June 8, including an increase in revenue even as net income fell. Mission recorded revenue of $278.1 million in the second quarter, an 18% increase compared to the same quarter a year ago. The company said this was Read More →

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Limoneira shares climb 22% after earnings release

By   /  Wednesday, June 8th, 2022  /  Agribusiness, Banking & Finance, Earnings, Latest news, middle, Regions, Subscriber content, Top Stories, Tri-County Public Companies, Ventura County  /  Comments Off on Limoneira shares climb 22% after earnings release

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Calavo shares up nearly 20% after company reports shrinking losses in Q2

By   /  Monday, June 6th, 2022  /  Agribusiness, Latest news, left, Regions, Subscriber content, Top Stories, Ventura County  /  Comments Off on Calavo shares up nearly 20% after company reports shrinking losses in Q2

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Semtech reports earnings and revenue growth in Q1

By   /  Wednesday, June 1st, 2022  /  Latest news, Regions, Technology, Ventura County  /  Comments Off on Semtech reports earnings and revenue growth in Q1

Camarillo-based Semtech Corp. reported record sales and rising earnings when it announced its financial results for the first quarter of 2022 on June 1. Semtech, a semiconductor company specializing in Internet of Things applications, saw net income increase in the first quarter of 2022, as the company netted $38 million, or 59 cents per share, Read More →