Montecito Bank & Trust assets approach $2.5B
Montecito Bank & Trust, the biggest bank based in the tri-county region, reported total assets increased nearly 13% during the 12 months ending June 30. The Santa Barbara-based bank saw total assets grow $276.45 million during the period, closing at $2.46 billion, it said in a quarterly report released Aug. 5. Montecito Bank & Trust Read More →
Wine Buzz: ‘Exodus’ by insurance carriers leaves wineries in the lurch
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Real Estate: ‘Trophy asset’ apartment building in Santa Barbara sells for $4M
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Ventura, Santa Barbara County ag revenues both grew 5% in 2021
Both Santa Barbara and Ventura counties saw total agriculture revenue rise 5% between 2020 and 2021, combining for nearly $4 billion in revenue, despite a steep decline in a usually popular fruit, avocados. The 2021 crop reports for both Santa Barbara County and Ventura County were released in late July, while the county of San Read More →
LaunchPoint closes second seed round
LaunchPoint Electric Propulsion Solutions, a Goleta company that makes electric engines and other components for the aerospace industry, has closed a fully subscribed second round of seed funding, the company announced Aug. 2. LaunchPoint did not disclosed details of the funding round, including the amount raised and the major investors. LaunchPoint was founded in 2018, Read More →
Funds to widen more highway in Santa Barbara County included in House bill; Ventura County project still waiting
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Deckers shares up as strong showing by Hoka drives revenue growth in Q1
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