Santa Barbara-based American Riviera Bank reported July 21 that its net income in the first half of 2022 shrank to $5.7 million, compared with $6.1 million in the same period a year earlier. For the second quarter, which ended June 30, American Riviera reported unaudited net income of $2.5 million, or 49 cents per share, Read More →
CVB Financial Corp., the parent company of Citizens Business Bank, reported net income of $59.1 million for the second quarter ended June 30, an increase compared to $51.2 million for the same quarter last year. Citizens Business Bank in based in Ontario and has four branches in Ventura County and one in Santa Barbara. Diluted Read More →
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Oxnard-based Mission Produce, one of the largest avocado distributors in the world, reported its second-quarter earnings on June 8, including an increase in revenue even as net income fell. Mission recorded revenue of $278.1 million in the second quarter, an 18% increase compared to the same quarter a year ago. The company said this was Read More →
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Camarillo-based Semtech Corp. reported record sales and rising earnings when it announced its financial results for the first quarter of 2022 on June 1. Semtech, a semiconductor company specializing in Internet of Things applications, saw net income increase in the first quarter of 2022, as the company netted $38 million, or 59 cents per share, Read More →