PCBC earns $16.6M in Q1
By Staff Report / Wednesday, April 25th, 2012 / Banking & Finance, Banking Industry, Earnings, Latest news, Tri-County Public Companies / Comments Off on PCBC earns $16.6M in Q1
Pacific Capital Bancorp turned in profits of $16.6 million in the first quarter of the year, down slightly from the same period a year earlier. The parent of Santa Barbara Bank & Trust said its latest earnings were affected by $1 million in merger-related costs. UnionBanCal Corp., the parent of Union Bank, is acquiring Pacific Read More →
Union deal rattles region’s banks
By Marlize van Romburgh / Friday, March 16th, 2012 / Banking & Finance, Banking Industry, Top Stories / 1 Comment
EDITOR’S NOTE: This is one part in a three-part package on Union Bank’s acquisition of Pacific Capital Bancorp, the parent of Santa Barbara Bank & Trust. Read the other two stories here: “End of an era for SBB&T brand.” A look back at the 52-year history of a company that enjoyed exceptional customer and Read More →
Sale of SBB&T means end of an era
By Stephen Nellis / Friday, March 16th, 2012 / Banking & Finance, Banking Industry, Top Stories / Comments Off on Sale of SBB&T means end of an era
EDITOR’S NOTE: This is one part in a three-part package on Union Bank’s acquisition of Pacific Capital Bancorp, the parent of Santa Barbara Bank & Trust. Read the other two stories here: “Union deal rattles region’s banks.” A look at the key players in the banking landscape as the largest independent bank in the Read More →
Guest op/ed: SBB&T sale marks a turning point for the banking business
By Staff Report / Friday, March 16th, 2012 / Op/Eds, Opinion / Comments Off on Guest op/ed: SBB&T sale marks a turning point for the banking business
By Bill Watkins on March 16, 2012 Early in the morning on Monday, March 12, I received an email indicating that the stock of Santa Barbara Bank & Trust’s parent, Pacific Capital, was trading way above its recent market price. Clearly, something was up. Only hours later, The Pacific Coast Business Times had an article Read More →
This transaction pans out for Treasury, taxpayers
By Henry Dubroff / Friday, March 16th, 2012 / Columns, Opinion / Comments Off on This transaction pans out for Treasury, taxpayers
Pacific Capital Bancorp’s controlling shareholders cured one of the biggest TARP headaches when they inked a $46-per-share sale to Union Bank’s parent company.
Recession, mergers and the future of finance
By Stephen Nellis / Friday, March 16th, 2012 / Banking & Finance, Banking Industry, Top Stories, Tri-County Public Companies / Comments Off on Recession, mergers and the future of finance
EDITOR’S NOTE: This is one part in a three-part package on Union Bank’s acquisition of Pacific Capital Bancorp, the parent of Santa Barbara Bank & Trust. Read the other two stories here: “Union deal rattles region’s banks.” A look at the key players in the banking landscape as the largest independent bank in the Read More →
Editorial: SBB&T veteran retires
By Editorial Board / Friday, March 2nd, 2012 / Editorials, Opinion / Comments Off on Editorial: SBB&T veteran retires
We’re going to offer a few words of good wishes to Tom Thomas.
