Pacific Capital hires Cal Fed veterans
By Staff Report / Tuesday, December 28th, 2010 / Banking Industry, Latest news, Top Stories, Tri-County Public Companies / Comments Off on Pacific Capital hires Cal Fed veterans
Pacific Capital Bancorp, the parent of Santa Barbara Bank & Trust that was recapitalized and taken over by Texas banking heavyweights Gerald Ford and Carl Webb earlier this year, is bringing aboard a new group of executives that helped Webb and Ford build out their last big venture.
Pacific Capital wraps up $76.4M rights offering
By Staff Report / Monday, November 29th, 2010 / Banking Industry, Latest news, Tri-County Public Companies / Comments Off on Pacific Capital wraps up $76.4M rights offering
Santa Barbara-based Pacific Capital Bancorp said Nov. 29 that it has completed its shareholder rights offering, raising $76.4 million by selling shares of common stock at 20 cents per share.
Pacific Capital announces stock split
By Staff Report / Wednesday, November 24th, 2010 / Banking & Finance, Banking Industry, Latest news, Tri-County Public Companies / Comments Off on Pacific Capital announces stock split
Pacific Capital Bancorp said Nov. 24 that its board of directors has approved a 1-for-100 reverse stock split.
Pacific Capital reports $28M loss, but Sept. profit
By Staff Report / Tuesday, November 9th, 2010 / Banking & Finance, Banking Industry, Earnings, Latest news, Tri-County Public Companies / Comments Off on Pacific Capital reports $28M loss, but Sept. profit
Editor’s Note: This story was updated at 4:50 p.m. Pacific Capital Bancorp lost nearly $28 million in July and August but said the first month under its new Texas owners was profitable. Texas-based private equity firm Ford Financial Fund acquired 86 percent of Pacific Capital for $500 million at the end of August. Pacific Capital Read More →
Pacific Capital gets delisting warning
By Staff Report / Wednesday, October 13th, 2010 / Banking & Finance, Banking Industry, Latest news, Tri-County Public Companies / Comments Off on Pacific Capital gets delisting warning
Pacific Capital Bancorp said in an Oct. 13 filing with the U.S. Securities and Exchange Commission that the Nasdaq stock market has told it to get its stock price back above $1 before April 6, 2011, or potentially be delisted. The Santa Barbara-based banking firm — the holding company for Santa Barbara Bank & Trust Read More →
