Bank of the Sierra reports higher net income in Q3
Sierra Bancorp, the parent company of Bank of the Sierra, announced its results for the third quarter of 2024 on Oct. 21, noting that consolidated net income was at $10.6 million for the quarter, up from $9.8 million in the same quarter a year ago. Bank of the Sierra is headquartered in Porterville but has Read More →
Community Bank of Santa Maria net income slips in third quarter
The Community Bancorp of Santa Maria, the parent company of Community Bank of Santa Maria, announced its earnings for the third quarter of 2024 on Oct. 16 after the markets closed. The bank announced that net income for the third quarter was $819,337 which is an increase from $700,729 from the second quarter of 2024. Read More →
Portfolio watch
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Sacks Parente rebrands after successful second quarter
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Bold action by Fed increases odds of soft landing
The Federal Reserve began its historic pivot on Sept. 18 moving to unwind interest rates and stave off recession. The 50-basis point move on Sept. 18 met Wall Street expectations for bold action and was greeted with relief and rising stock prices. In remarks after the meeting Chair Jay Powell talked about the Fed’s confidence Read More →
Deckers completes 6-for-1 stock split
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Mission Produce leads tri-county ag companies in successful third quarter
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