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By Staff Report / Friday, June 1st, 2012 / Banking & Finance, Top Stories, Tri-County Public Companies / Comments Off on Banks lead region’s stocks at midyear
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By Marlize van Romburgh / Friday, May 4th, 2012 / Banking & Finance, Banking Industry, Top Stories / Comments Off on PacWest tops Umpqua offer with $58.1M deal
PacWest Bancorp’s $58.1 million offer to buy American Perspective Bank has trumped an earlier deal for the Central Coast lender and puts San Luis Obispo County in play as a banking hotspot. The April 30 acquisition offer from PacWest, parent of Pacific Western Bank, comes three weeks after Umpqua Holdings Corp. of Oregon said it Read More →
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By Marlize van Romburgh / Friday, April 13th, 2012 / Banking & Finance, Banking Industry, Top Stories, Tri-County Public Companies / Comments Off on Umpqua moves in with $44.7M bank buy
American Perspective Bank, a San Luis Obispo County lender founded five years ago, is being purchased by Portland-based Umpqua Holdings Corp. for $44.7 million. If the deal gains the approval of banking regulators and American Perspective shareholders, Umpqua will pay $10 per share in cash for the San Luis Obispo-based bank, a 12.4 percent premium Read More →
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By Staff Report / Tuesday, April 10th, 2012 / Banking & Finance, Banking Industry, Central Coast, Latest news, Tri-County Public Companies / Comments Off on Umpqua to buy American Perspective Bank for $44.7M
San Luis Obispo-based American Perspective Bank is being purchased by Portland-based Umpqua Holdings Corp. for $44.7 million. Under the deal, announced April 10, Umpqua will pay $10 per share in cash for American Perspective. The San Luis Obispo bank’s three Central Coast branches will be rebranded as Umpqua Bank. The acquisition has been approved by Read More →
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By Henry Dubroff / Friday, January 27th, 2012 / Banking & Finance, Banking Industry, Personal Finance, Top Stories / Comments Off on Big California banks see 2011 earnings bounce
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