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Luther Burbank Corporation (LBC)

NASDAQ: LBC · Delayed Price · USD
12.99 0.14 (1.09%)
Sep 24, 2021 4:00 PM EDT - Market closed
Market Cap671.89M
Revenue (ttm)159.85M
Net Income (ttm)62.65M
Shares Out52.21M
EPS (ttm)1.20
PE Ratio10.81
Forward PEn/a
Dividend$0.29 (2.25%)
Ex-Dividend DateAug 5, 2021
Volume16,851
Open12.77
Previous Close12.85
Day's Range12.93 - 13.04
52-Week Range7.39 - 13.28
Beta0.80
AnalystsBuy
Price Target15.25 (+17.4%)
Est. Earnings DateOct 26, 2021

About LBC

Luther Burbank Corporation operates as the bank holding company for Luther Burbank Savings that provides various banking products and services for real estate investors, professionals, entrepreneurs, high net worth individuals, depositors, and commercial businesses. The company offers interest and noninterest-bearing transaction accounts, certificates of deposit, and money market accounts. It also provides commercial real estate loans, including first mortgage loans for the purchase, refinance, or build-out of tenant improvements on investor ow...

IndustryThrifts & Mortgage Finance
IPO DateDec 8, 2017
CEOSimone Lagomarsino
Employees285
Stock ExchangeNASDAQ
Ticker SymbolLBC
Full Company Profile

Financial Performance

In 2020, Luther Burbank's revenue was $130.59 million, a decrease of -0.94% compared to the previous year's $131.83 million. Earnings were $39.91 million, a decrease of -18.32%.

Financial Statements

Analyst Forecast

According to 3 analysts, the average rating for Luther Burbank stock is "Buy." The 12-month stock price forecast is 15.25, which is an increase of 17.40% from the latest price.

Price Target
$15.25
(17.40% upside)
Analyst Consensus: Buy

News

Luther Burbank Savings Secures a $25,000 AHEAD Grant to Assist Seniors in Maintaining Their Homes

SANTA ROSA, Calif., Sept. 20, 2021 (GLOBE NEWSWIRE) -- Luther Burbank Corporation (NASDAQ: LBC), the holding company for Luther Burbank Savings, announced this week that it was awarded a $25,000 grant b...

4 days ago - GlobeNewsWire

Recent Price Trend in Luther Burbank (LBC) is Your Friend, Here's Why

Luther Burbank (LBC) could be a great choice for investors looking to make a profit from fundamentally strong stocks that are currently on the move. It is one of the several stocks that made it through ...

3 weeks ago - Zacks Investment Research

How Luther Burbank (LBC) Stock Stands Out in a Strong Industry

Luther Burbank (LBC) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.

4 weeks ago - Zacks Investment Research

Top Ranked Income Stocks to Buy for August 12th

LBC, HVT, ATCO, and HFWA made it to the Zacks Rank #1 (Strong Buy) income stocks list on August 12, 2021.

Other symbols:ATCOHFWAHVT
1 month ago - Zacks Investment Research

Here's Why "Trend" Investors Would Love Betting on Luther Burbank (LBC)

Luther Burbank (LBC) could be a solid choice for shorter-term investors looking to capitalize on the recent price trend in fundamentally sound stocks. It is one of the many stocks that passed through ou...

1 month ago - Zacks Investment Research

Top Ranked Income Stocks to Buy for August 9th

EPR, TX, LBC, and AXS made it to the Zacks Rank #1 (Strong Buy) income stocks list on August 9, 2021

Other symbols:AXSEPRTX
1 month ago - Zacks Investment Research

Earnings Estimates Moving Higher for Luther Burbank (LBC): Time to Buy?

Luther Burbank (LBC) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

1 month ago - Zacks Investment Research

Luther Burbank (LBC) Q2 Earnings and Revenues Top Estimates

Luther Burbank (LBC) delivered earnings and revenue surprises of 24.24% and 3.01%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

1 month ago - Zacks Investment Research

Recap: Luther Burbank Q2 Earnings

Shares of Luther Burbank (NASDAQ:LBC) were flat in after-market trading after the company reported Q2 results. Quarterly Results Earnings per share increased 127.78% over the past year to $0.41, which b...

1 month ago - Benzinga

Luther Burbank Corporation Reports Earnings for the Quarter and Six Months Ended June 30, 2021 and Announces Increase...

SANTA ROSA, Calif., July 27, 2021 (GLOBE NEWSWIRE) -- Luther Burbank Corporation (NASDAQ: LBC) (the “Company”), the holding company for Luther Burbank Savings (the “Bank”), today reported net income of ...

1 month ago - GlobeNewsWire

Luther Burbank (LBC) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

Luther Burbank (LBC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

2 months ago - Zacks Investment Research

Luther Burbank Corporation Announces Second Quarter 2021 Earnings Release and Conference Call Dates

SANTA ROSA, Calif., July 09, 2021 (GLOBE NEWSWIRE) -- Luther Burbank Corporation (the “Company”) (NASDAQ: LBC), the holding company for Luther Burbank Savings (the “Bank”), announced today that it will ...

2 months ago - GlobeNewsWire

Here's Why "Trend" Investors Would Love Betting on Luther Burbank (LBC)

If you are looking for stocks that are well positioned to maintain their recent uptrend, Luther Burbank (LBC) could be a great choice. It is one of the several stocks that passed through our "Recent Pri...

4 months ago - Zacks Investment Research

Luther Burbank (LBC) Q1 Earnings and Revenues Surpass Estimates

Luther Burbank (LBC) delivered earnings and revenue surprises of 16.67% and 2.71%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

4 months ago - Zacks Investment Research

Luther Burbank Corporation Reports Earnings and Announces Quarterly Dividend for the Quarter Ended March 31, 2021

SANTA ROSA, Calif., April 27, 2021 (GLOBE NEWSWIRE) -- Luther Burbank Corporation (NASDAQ: LBC) (the “Company”), the holding company for Luther Burbank Savings (the “Bank”), today reported net income of...

4 months ago - GlobeNewsWire

Luther Burbank Corporation Announces First Quarter 2021 Earnings Release and Conference Call Dates

SANTA ROSA, Calif., April 09, 2021 (GLOBE NEWSWIRE) -- Luther Burbank Corporation (the “Company”) (NASDAQ: LBC), the holding company for Luther Burbank Savings (the “Bank”), announced today that it will...

5 months ago - GlobeNewsWire

Luther Burbank Corporation's (LBC) CEO Simone Lagomarsino on Q4 2020 Results - Earnings Call Transcript

Luther Burbank Corporation's (LBC) CEO Simone Lagomarsino on Q4 2020 Results - Earnings Call Transcript

7 months ago - Seeking Alpha

Luther Burbank (LBC) Q4 Earnings and Revenues Top Estimates

Luther Burbank (LBC) delivered earnings and revenue surprises of 14.81% and 1.65%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?

7 months ago - Zacks Investment Research

Recap: Luther Burbank Q4 Earnings

Shares of Luther Burbank (NASDAQ:LBC) were unchanged after the company reported Q4 results. Quarterly Results Earnings per share increased 40.91% over the past year to $0.31, which beat the estimate of ...

7 months ago - Benzinga

Luther Burbank Corporation Announces Fourth Quarter 2020 Earnings Release and Conference Call Dates

SANTA ROSA, Calif., Jan. 11, 2021 (GLOBE NEWSWIRE) -- Luther Burbank Corporation (the “Company”) (NASDAQ: LBC), the holding company for Luther Burbank Savings (the “Bank”), announced today that it will ...

8 months ago - GlobeNewsWire

Renu Agrawal Joins Luther Burbank Corporation Board of Directors

SANTA ROSA, Calif., Dec. 22, 2020 (GLOBE NEWSWIRE) -- Luther Burbank Corporation (the “Company”) (NASDAQ: LBC), the holding company for Luther Burbank Savings (the “Bank”), has announced that Renu Agraw...

9 months ago - GlobeNewsWire

Luther Burbank Corporation (LBC) CEO Simone Lagomarsino on Q3 2020 Results - Earnings Call Transcript

Luther Burbank Corporation (LBC) CEO Simone Lagomarsino on Q3 2020 Results - Earnings Call Transcript

10 months ago - Seeking Alpha

Luther Burbank (LBC) Tops Q3 Earnings and Revenue Estimates

Luther Burbank (LBC) delivered earnings and revenue surprises of 28.57% and 4.26%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?

10 months ago - Zacks Investment Research

Luther Burbank Corporation Reports Earnings for the Quarter and Nine Months Ended September 30, 2020

Quarterly Cash Dividend of $0.0575 Per Common Share Declared Quarterly Cash Dividend of $0.0575 Per Common Share Declared

10 months ago - GlobeNewsWire