Lagomarsino relishes new role as CEO of banking association
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Third quarter net income rises at Pacific Premier Bank
Pacific Premier Bancorp, parent company of Pacific Premier Bank, had diluted earnings per share of 50 cents for the third quarter of 2017, the company announced its earnings report on Oct. 23. The company said it had net income of $20.2 million for the third quarter of 2017 that reflected an increase of $6.1 million, Read More →
Simone Lagomarsino named president of California Bankers Association
Simone Lagomarsino, former president and CEO of Heritage Oaks Bancorp, has been named president of the California Bankers Association. The association made the announcement April 11. She will replace Rod Brown, who plans to retire after a decade at the helm of the organization. Lagomarsino joined Heritage Oaks in September 2011, with more than 20 Read More →
Towbes giving up reins at Montecito Bank & Trust
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Pacific Premier, Heritage Oaks shareholders approve merger
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Pacific Premier shareholders approve acquisition of Heritage Oaks
Pacific Premier Bancorp shareholders have voted to approve the acquisition of Paso Robles-based Heritage Oaks Bancorp, Pacific Premier said March 28. The all-stock deal, announced Dec. 13, is valued at $405.6 million or $11.68 per share. It combines the region’s largest bank, with $2 billion in assets, and Pacific Premier, which has $3.8 billion in assets, Read More →
Dubroff: Companies play let’s make a deal but they don’t always win
There’s no question that the current wave of corporate mergers is reshaping big chunks of the corporate landscape on the Central Coast. But all mergers are not created equal and history suggests that more than half of mergers involving large publicly traded companies don’t really work out at all. For a look at what’s working Read More →
