Amgen reports rising revenue, warns of flat 2021
Amgen, one of the world’s largest biotech companies, saw rising revenue in the fourth quarter of 2020, but the COVID-19 pandemic could dampen the outlook for the company and its investors in 2021, according to earnings released Feb. 2. The Thousand Oaks-based biotech firm had $6.6 billion in revenue in the fourth quarter, a 7% Read More →
Read More →Inphi reports record revenue, declining losses in 2020
Inphi, a Santa Clara semiconductor company with sizable operations in Thousand Oaks, reported record revenue for the fourth quarter of 2020 and a smaller net loss than the same quarter a year earlier. Inphi, which reported its earnings on Feb. 2, is in the midst of being acquired by Marvell Technology Group, a larger competitor 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 →
Read More →PPP loans drove income growth at American Riviera Bank
Net income at American Riviera Bank increased in both the fourth quarter and full year of 2020, on the back of high loan growth and other positive factors, the bank announced Jan. 28. The Santa Barbara-based bank said its annual unaudited net income was up 15% from the previous year. In 2019, American Riviera Bank Read More →
Read More →Pacific Premier sees bump in income, assets in fourth quarter
Pacific Premier Bancorp’s net income rose in 2020 on the back of strong overall performance, causing the company to approve a new $150 million share repurchase program, the bank announced Jan. 26. The bank’s net income increased more than 63% from the previous year, going from $41.1 million in the fourth quarter of 2019 to Read More →
Read More →Bank of the Sierra reports higher loan volume but income drop
Sierra Bancorp announced a slightly-lower net income when it released its fourth quarter 2020 earnings amid high deposit growth and record growth in loans and leases. The parent of Bank of the Sierra, which is based in Porterville but has 11 branches in the Tri-Counties, announced a fourth quarter net income of $9 million, or Read More →
Read More →
Sponsored content:
2015-2016 Giving Guide
