Montecito Bank and Trust assets grew 20% in 2021
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Community West Bank reports ‘solid revenue growth’
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Teledyne shares down despite earnings beat
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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 →
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 →
Inogen shares drop despite projected revenue growth
Goleta-based Inogen expects minor revenue growth in the fourth quarter of 2021 but major growth for the full fiscal year, according to preliminary estimates the company released Jan. 10. The portable oxygen concentrator manufacturer expects to see revenue in the range of $75.9 million to $76.9 million for the three months ended December 31, growth Read More →
Limoneira reports growing revenue and shrinking losses for Q4
Limoneira ended its 2020-21 fiscal year on a strong note, with growing revenue and shrinking losses in the fourth quarter, the Santa Paula-based agribusiness announced Jan. 10. Limoneira — a grower and seller of lemons, avocados and other fruits and also a real estate developer — generated $33.5 million in revenue during the fourth quarter Read More →
