December 20, 2024
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Latest

PennyMac reports earnings dip

By   /  Friday, February 4th, 2022  /  Banking & Finance, Earnings, East Ventura County, Latest news, middle, Real Estate, Subscriber content, Top Stories, Tri-County Economy, Tri-County Public Companies  /  Comments Off on PennyMac reports earnings dip

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Latest

Hoka, Ugg drive Deckers to record-high revenue

By   /  Thursday, February 3rd, 2022  /  Banking & Finance, Earnings, Latest news, right, South Coast, Top Stories, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Hoka, Ugg drive Deckers to record-high revenue

Goleta-based Deckers Brands saw revenue increase more than 10% in the third quarter of its 2021-22 fiscal year, beating analysts’ expectations in both revenue and net income with its Feb. 3 earnings release. Deckers’ revenue hit $1.18 billion for the quarter ended Dec. 31, its largest figure ever for a single quarter, CEO David Powers Read More →

Latest

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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Latest

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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Latest

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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Latest

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 →

Latest

Community Bank of Santa Maria reports income, asset growth

By   /  Monday, January 17th, 2022  /  Banking & Finance, Banking Industry, Central Coast, Earnings, Latest news, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Community Bank of Santa Maria reports income, asset growth

Community Bancorp of Santa Maria saw its net loans decline in the fourth quarter of last year, but reported increases in net income and total assets, reflecting what the bank called “significant growth” in 2021. The bank’s net income increased nearly 30%, from $2.209 million in the fourth quarter of 2020 to $2.85 million in Read More →