Velocity reports earnings growth in Q2
Banking & Finance, Earnings, Latest news, Real Estate, Regions, Tri-County Public Companies, Ventura CountyReal estate finance company Velocity Financial saw its second quarter net income increase and its total loan portfolio grow from 2021 to 2022, according to an earnings statement the company released on Aug. 4. The Westlake Village-based company reported net income of $10.6 million, or diluted earnings per share of 31 cents, in the second Read More →
Real Estate: ‘Trophy asset’ apartment building in Santa Barbara sells for $4M
Columns, Latest news, Real Estate, Regions, Santa Barbara County, Subscriber contentThis article is only available to Business Times subscribers Subscribers: LOG IN or REGISTER for complete digital access. Not a Subscriber? SUBSCRIBE for full access to our weekly newspaper, online edition and Book of Lists. Check the STATUS of your Subscription Account.
LTC shares up after report of rising earnings for Q2
Banking & Finance, Earnings, Latest news, Real Estate, Regions, Tri-County Public Companies, Ventura CountyWestlake Village-based real estate investment trust LTC Properties reported net income of nearly $55 million, or $1.36 per diluted share, for the second quarter ended June 30. That was up from $18.1 million, or 46 cents per diluted share, for the same period last year. Funds from operations attributable to common stockholders were $25.3 million Read More →
Cal Poly gets nearly $40M in state funds for sustainable ag programs
Agribusiness, Higher Education, Latest news, Law & Goverment, Regions, San Luis Obispo County, Subscriber content, Top StoriesThis article is only available to Business Times subscribers Subscribers: LOG IN or REGISTER for complete digital access. Not a Subscriber? SUBSCRIBE for full access to our weekly newspaper, online edition and Book of Lists. Check the STATUS of your Subscription Account.
Funds to widen more highway in Santa Barbara County included in House bill; Ventura County project still waiting
Latest news, Law & Goverment, left, Regions, Santa Barbara County, Subscriber content, Top Stories, Ventura CountyThis article is only available to Business Times subscribers Subscribers: LOG IN or REGISTER for complete digital access. Not a Subscriber? SUBSCRIBE for full access to our weekly newspaper, online edition and Book of Lists. Check the STATUS of your Subscription Account.
Santa Barbara County business owners bend Carbajal’s ear on inflation, economy
Latest news, Law & Goverment, left, Regions, San Luis Obispo County, Santa Barbara County, Small Business, Top StoriesWith rising prices and subsequent disruptions brought on by the COVID-19 pandemic, businesses in the Tri-Counties are facing a tsunami of challenges. U.S. Rep. Salud Carbajal, D-Santa Barbara, hosted in-person roundtables with business owners and chamber of commerce leaders in San Luis Obispo on July 22 and in Santa Barbara on July 25, to discuss Read More →
Bank of the Sierra income down, due in part to rising interest rates
Banking & Finance, Banking Industry, Earnings, Latest news, Tri-County Public CompaniesSierra Bancorp’s net income fell to $9.2 million in the second quarter of 2022, from $11.7 million a year earlier, the bank announced July 25. The parent company of Bank of the Sierra posted net income of 61 cents per diluted share for the quarter ended June 30, compared with 76 cents per diluted share Read More →
