November 14, 2024
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Montecito Bank & Trust
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American Riviera Bank reports growth in income, loans, assets

By   /  Monday, January 31st, 2022  /  Banking & Finance, Banking Industry, Earnings, Latest news, middle, South Coast, Subscriber content, Top Stories, Tri-County Economy, Tri-County Public Companies  /  Comments Off on American Riviera Bank reports growth in income, loans, assets

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Community West Bank reports ‘solid revenue growth’

By   /  Friday, January 28th, 2022  /  Banking & Finance, Earnings, Latest news, South Coast, Subscriber content, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Community West Bank reports ‘solid revenue growth’

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Procore shares down 44% since October, but analyst predicts rebound

By   /  Friday, January 28th, 2022  /  Banking & Finance, Latest news, right, South Coast, Subscriber content, Technology, Top Stories, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Procore shares down 44% since October, but analyst predicts rebound

Carpinteria-based Procore Technologies moved up from No. 880 last year to No. 697 this year. (Nik Blaskovich)

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Teledyne shares down despite earnings beat

By   /  Thursday, January 27th, 2022  /  Banking & Finance, Earnings, East Ventura County, Latest news, Subscriber content, Technology, Top Stories, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Teledyne shares down despite earnings beat

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Energy Vault SPAC deal nearing completion

By   /  Tuesday, January 25th, 2022  /  Banking & Finance, East Ventura County, Energy, Green Coast, Latest news, Top Stories, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Energy Vault SPAC deal nearing completion

Westlake Village-based Energy Vault will be listed on the New York Stock Exchange in the coming weeks, if its merger with a special purpose acquisition company gets final approval at the SPAC’s shareholder meeting on Feb. 10. Energy Vault, which uses a gravity-based system to store energy generated by renewable sources, announced plans in September Read More →

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Bank of the Sierra reports earnings growth for Q4 and full year of 2021

By   /  Monday, January 24th, 2022  /  Banking & Finance, Banking Industry, Earnings, Latest news, Tri-County Public Companies  /  Comments Off on Bank of the Sierra reports earnings growth for Q4 and full year of 2021

Bank of the Sierra, a Central Valley-based bank with nine branches in the tri-county region, reported record earnings for 2021, with net income up more than 20% from the previous year. Sierra Bancorp is the parent company of Bank of the Sierra and is headquartered in Porterville, in Tulare County. It reported net income of Read More →

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January slump has many of region’s stocks near 52-week lows

By   /  Friday, January 21st, 2022  /  Banking & Finance, Latest news, Tri-County Public Companies  /  Comments Off on January slump has many of region’s stocks near 52-week lows

The stock market downturn that brought the Nasdaq close to correction territory has taken its toll on tri-county companies, with more than a dozen trading at or close to a 52-week low at the close of trading on Jan. 19. Among larger cap stocks of companies headquartered in the tri-county region, Olaplex, based in Montecito, Read More →