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Heritage Oaks Bancorp beats revenue, income estimates

By   /  Monday, January 30th, 2017  /  Banking & Finance, Banking Industry, Earnings, Latest news, Tri-County Public Companies  /  Comments Off on Heritage Oaks Bancorp beats revenue, income estimates

Heritage Oaks Bancorp, the holding company of Paso Robles-based Heritage Oaks Bank, beat analyst estimates in both year-over-year revenue and net income. The bank reported $20.3 million in revenue in 2016, a 12 percent increase from 2015, outpacing analyst expectations by more than $1 million. Net income reached $16.9 million, or 49 cents per diluted Read More →

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Pacific Premier Bancorp’s net income climbs

By   /  Tuesday, January 24th, 2017  /  Banking & Finance, Banking Industry, Earnings, Latest news, Tri-County Public Companies  /  Comments Off on Pacific Premier Bancorp’s net income climbs

Pacific Premier Bancorp (PPBI), the holding company of Pacific Premier Bank, reported fourth quarter net income of $12 million, or 43 cents per diluted share, including $772,000 of merger-related expenses related to its pending acquisition of Heritage Oaks Bancorp. Net income was up from $8.1 million, or 37 cents per diluted share, in the fourth Read More →

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Heritage Oaks Bancorp merging with Pacific Premier

By   /  Tuesday, December 13th, 2016  /  Banking & Finance, Banking Industry, Latest news  /  Comments Off on Heritage Oaks Bancorp merging with Pacific Premier

Story updated at 11:30 a.m.: In a deal that will once again shake up the ranks of top banks in the region, Pacific Premier Bancorp of Irvine will acquire Heritage Oaks Bancorp for $405.6 million or $11.68 per share based on current values. The all-stock merger, announced before the markets opened on Dec. 13, will Read More →

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Heritage Oaks Bancorp beats analyst estimates for first quarter

By   /  Thursday, April 28th, 2016  /  Banking & Finance, Banking Industry, Earnings, Latest news, Tri-County Public Companies  /  Comments Off on Heritage Oaks Bancorp beats analyst estimates for first quarter

Paso Robles-based Heritage Oaks Bancorp beat analyst estimates when it reported first quarter earnings April 28. The company said it had revenues of $19 million, beating analyst estimates of $18.75 million. Earnings per share of 12 cents beat analyst estimates of 11 cents per share. The company also reported net income of $4 million. The Read More →

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Latest

Heritage Oaks Bancorp increases third quarter earnings

By   /  Thursday, October 29th, 2015  /  Banking & Finance, Banking Industry, Earnings, Latest news  /  Comments Off on Heritage Oaks Bancorp increases third quarter earnings

Paso Robles-based Heritage Oaks Bancorp reported $4 million in net income, or 12 cents per share, for the third quarter of 2015. That was up from $3.4 million, or 10 cents per share, recorded in the third quarter of last year. Loans grew 4.8 percent, or $55.2 million, to $1.21 billion in the third quarter Read More →

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Heritage Oaks Q4 profits jump 24%

By   /  Tuesday, February 3rd, 2015  /  Banking & Finance, Banking Industry, Central Coast, Latest news, Top Stories  /  Comments Off on Heritage Oaks Q4 profits jump 24%

The increase was primarily due to the inclusion of Mission Community Bancorp’s operating results, which boosted pre-tax net income in the company’s fourth quarter financials.

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