Mission Valley Bancorp announced Tuesday the company’s year to date net income of $1,603,000 for the period ended June 30, 2016 – the strongest 2nd quarter close in the history of the company. President and CEO Tamara Gurney stated, “As Mission Valley marks our 15th year of operation, I am very...

Sierra Bancorp, parent of Bank of the Sierra, today announced its unaudited financial results for the quarter and the six-month period ended June 30, 2016. Sierra Bancorp recognized consolidated net income of $4.086 million for the second quarter of 2016, which represents a slight increase relative to...

Bank of Santa Clarita announced continuing significant growth in loans Thursday for the second quarter of 2016, as total loans grew to $209.5 million, a growth of 14 percent in the first half of 2016. Moreover, the Bank noted that from June 30, 2015 to June 30, 2016, its loan portfolio had increased...

Fiscal 2016 Third Quarter Highlights – comparisons to the same period in the prior year: * Net income increased 13% to $249.8 million, or $0.66 per diluted share * Pre-tax income increased 13% to $378.6 million * Pre-tax profit margin improved 40 basis points to 11.7% * Net sales orders increased...

Letter to shareholders, July 18, 2016: We grew by 1.7m members in Q2 finishing with over 83 million members. This is below our forecast of 2.5m net new members and our prior year Q2 net additions of 3.3m. We are growing, but not as fast as we would like or have been. Disrupting a big market can be bumpy,...

Highlights: * Net earnings of $218.5 million, or $0.95 per diluted share, compared to net earnings of $183.0 million, or $0.79 per diluted share * Deliveries of 6,724 homes – up 12% * New orders of 7,962 homes – up 10%; new orders dollar value of $2.9 billion – up 11% * Backlog of 9,014 homes –...

Ross Stores Inc. reported earnings per share for the 13 weeks ended April 30, 2016 of $.73, for a 6% gain on top of a robust 19% increase in the prior year period. Net earnings for the 2016 first quarter were $291 million, up from $282 million last year. Sales increased 5% to $3.089 billion, with comparable...

The Home Depot, the world’s largest home improvement retailer, today reported sales of $22.8 billion for the first quarter of fiscal 2016, a 9.0 percent increase from the first quarter of fiscal 2015. Comparable store sales for the first quarter of fiscal 2016 were positive 6.5 percent, and comp...

Editor’s note: Three large housing communities are planned for the Tejon Ranch in northwestern Los Angeles County and southern Kern County. The Centennial project is planned for up to 19,333 homes at Quail Lake (L.A. County); Tejon Mountain Village is approved for 3,450 homes at Lebec (Kern County);...

Wesco Aircraft Holdings Inc., the world’s leading provider of comprehensive supply chain management services to the global aerospace industry, announced results for its fiscal 2016 second quarter. Fiscal 2016 Second Quarter Highlights * Net sales of $376.7 million, down 2.3 percent * Net sales...