PennyMac reports earnings jump, tops $2B in income in 2020
PennyMac Financial Services hit a record high with pretax income of more than $2 billion last year as the company saw a sharp increase in both its fourth quarter and year-end results. The Westlake Village-based mortgage firm reported a net income of $452.8 million for the fourth quarter of 2020, or $5.97 per share on Read More →
Read More →Community West reports income growth in 2020
Community West Bancshares saw its net income rise in 2020, even as it fell slightly in the fourth quarter of the year. The parent company of Goleta-based Community West Bank reported a net income of $8.2 million, or 97 cents per diluted share, for all of 2020, as compared to $8 million, or 93 cents Read More →
Read More →Citizens Business Bank reports earnings drop in 2020
CVB Financial Corp, the parent company of Citizens Busines Bank, reported a slight drop in income for the fourth quarter of 2020 but a decline of almost 15% for the full year when compared to 2019. Citizens Business Bank is based in Ontario, California and has branches in Ventura and Santa Barbara counties. The bank Read More →
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Ventura College launches advanced manufacturing program
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Read More →WEV founder, current CEO look back on 30 years of helping entrepreneurs
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Read More →Real Estate: Thousand Oaks gives initial OK to mixed-use project
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Read More →Guilty pleas in $2 million unemployment fraud case in Santa Barbara County
Three people have pleaded guilty in Santa Barbara County to multiple counts of felony unemployment benefit fraud and identity theft, in just one example of the type of fraud that has cost the state tens of billions of dollars during the pandemic. The three defendants were Gordon Alan Welterlen and Nicole Michelle Milan, of San Read More →
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