Tri-county financial institutions report strong third quarter results

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Tri-county financial institutions report strong third quarter results

By Staff Report / Friday, October 26th, 2018 / Comments Off on Tri-county financial institutions report strong third quarter results

American Riviera Bank, based in Santa Barbara, reported record net income for the third quarter. Looking purely at stock price performance, one might conclude these are tough times for the banking industry. It has been a particularly rough patch for regional bank stocks, thanks to concerns about rising interest rates and narrowing spreads in a…

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