American Riviera Bank’s first quarter profits soared
IN THIS ARTICLE
- Banking & Finance Topic
- Staff Report Author
By Staff Report Friday, April 26th, 2019
Santa Barbara-based American Riviera Bank, one of four independent banks based in the region, announced net income of $1.77 million, or 35 cents per share, for the first quarter ended March 31 — a 31 percent jump from $1.35 million, or 31 cents per share, for the same quarter last year. The bank’s annualized return on…