Earnings up at Pacific Premier Bank
Pacific Premier Bancorp saw its net income more than double in the past year when it reported its first quarter financial earnings on April 27. The Irvine-based bank, which has 11 branches in the tri-county region, had a net income of $68.7 million, or 72 cents per share, for the first quarter of 2021. In Read More →
American Riviera Bank tops $1B in assets
American Riviera Bank recorded more than $1 billion in assets for the first time when it reported its financial results for the first quarter of 2021. The Santa Barbara-based bank saw its net income rise during the quarter to $2.56 million, or 50 cents per share, compared to net income of $1.2 million, or 23 Read More →
Santa Barbara County cannabis company to go public in $567M merger
This 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.
Evidation Health closes funding round with $1B valuation
This 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.
Small speaker is a big move for Sonos
The newest speaker from Sonos, Roam, made its debut April 20 and has the potential to help the Santa Barbara smart-speaker company grow in 2021 and beyond. Roam is Sonos’ first attempt into breaking into the portable Bluetooth speaker market, a market that is expected to see an annual growth rate of 11.71% from 2019 Read More →
Citizens Business bank reports income jump
Citizens Business Bank saw its net income rise more than 30% in the first quarter of 2021 as it blew past analysts’ estimates. The Ontario-based bank, which has five branches in the tri-county region, recorded a net income of $50.1 million, or 47 cents per diluted share, compared to $38 million, or 27 cents per Read More →
Pacific Western Bank reports earnings recovery in first quarter
PacWest Bancorp saw its net income soar a year after a devastating low. The parent company of Pacific Western Bank, which is based in Los Angeles and has 15 branches in the Tri-Counties, reported net income of $150 million, or $1.27 per diluted share, for the first quarter of 2021. In the first quarter of Read More →
