Luther Burbank Corporation (LBC)
Stock Price Chart
Key Info
| Market Cap | 499.33M |
| Revenue (ttm) | 125.89M |
| Net Income (ttm) | 44.43M |
| Shares Out | 52.95M |
| EPS (ttm) | 0.80 |
| PE Ratio | 11.79 |
| Forward PE | n/a |
| Dividend | $0.23 |
| Dividend Yield | 2.44% |
Stock Quote
| Trading Day | Jul 2, 2020 |
| Last Price | $9.43 |
| Previous Close | $9.48 |
| Change ($) | -0.05 |
| Change (%) | -0.53% |
| Day's Open | 9.74 |
| Day's Range | 9.38 - 9.83 |
| Day's Volume | 47,938 |
| 52-Week Range | 6.76 - 11.99 |
More Stats
| Market Cap | 499.33M |
| Enterprise Value | 1.49B |
| Earnings Date (est) | Jul 23, 2020 |
| Ex-Dividend Date | May 13, 2020 |
| Shares Outstanding | 52.95M |
| Float | 11.82M |
| EPS (basic) | 0.8 |
| EPS (diluted) | 0.80 |
| FCF / Share | 1.26 |
| Dividend | $0.23 |
| Dividend Yield | 2.44% |
| Earnings Yield | 8.48% |
| FCF Yield | 14.12% |
| Payout Ratio | 28.90% |
| Shares Short | 243,349 |
| Short Ratio | 2.32 |
| Short % of Float | 14.74% |
| Beta | 0.98 |
| PE Ratio | 11.79 |
| Forward PE | n/a |
| P/FCF Ratio | 7.08 |
| PS Ratio | 3.97 |
| PB Ratio | 0.81 |
| Revenue | 125.89M |
| Operating Income | 63.30M |
| Net Income | 44.43M |
| Free Cash Flow | 70.48M |
| Net Cash | -986.75M |
| Net Cash / Share | -18.64 |
| Gross Margin | 104.42% |
| Operating Margin | 50.28% |
| Profit Margin | 35.20% |
| FCF Margin | 55.99% |
| ROA | 0.63% |
| ROE | 7.46% |
| ROIC | 0.80% |
Analyst Summary
Analyst Consensus: Buy
Financial Performance
Financial Overview
| Year | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|
| Revenue | 132 | 126 | 122 | 115 | 98.98 |
| Revenue Growth | 4.95% | 3.16% | 5.72% | 16.37% | - |
| Gross Profit | 132 | 126 | 122 | 115 | 98.98 |
| Operating Income | 69.46 | 62.93 | 65.23 | 53.94 | 36.64 |
| Net Income | 48.86 | 45.06 | 69.38 | 52.12 | 35.39 |
| Shares Outstanding | 56.03 | 56.54 | 42.92 | 42.00 | 42.00 |
| Earnings Per Share | 0.87 | 0.79 | 1.62 | 1.24 | 0.84 |
| EPS Growth | 10.13% | -51.23% | 30.65% | 47.62% | - |
| Dividend Per Share | 0.23 | 0.19 | - | - | - |
| Dividend Growth | 22.87% | - | - | - | - |
| Operating Cash Flow | 75.01 | 58.96 | 78.41 | 30.16 | 13.45 |
| Capital Expenditures | -2.26 | -1.48 | -1.06 | -3.02 | -8.46 |
| Free Cash Flow | 72.75 | 57.48 | 77.36 | 27.15 | 4.99 |
| Cash & Equivalents | 91.33 | 91.70 | 75.58 | 59.21 | 65.56 |
| Total Debt | 1,135 | 1,299 | 1,145 | 1,268 | 825 |
| Net Cash / Debt | -1,044 | -1,208 | -1,070 | -1,209 | -760 |
| Assets | 7,046 | 6,937 | 5,704 | 5,064 | 4,363 |
| Liabilities | 6,431 | 6,356 | 5,155 | 4,659 | 3,992 |
| Book Value | 614 | 581 | 550 | 404 | 371 |
Company Profile
Company Details
| Full Name | Luther Burbank Corporation |
| Country | United States |
| Employees | 277 |
| CEO | Simone F. Lagomarsino |
Stock Information
| Ticker Symbol | LBC |
| Stock Exchange | NASDAQ |
| Sector | Financial Services |
| Industry | Banks—Regional |
| Unique Identifier | NASDAQ: LBC |
| IPO Date | December 8, 2017 |
Description
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, 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 owned multifamily residential properties, as well as loans for the purchase, refinance, or improvement of office, retail, and light industrial properties; single family residential loans; and mortgage products, such as a portfolio of 30-year fixed rate first mortgage and a forgivable second mortgage. In addition, the company offers ATM, debit cards, and online and mobile banking services; engages in the real estate investment; and issues trust preferred securities. As of April 10, 2020, it had operations in California, Oregon, and Washington through ten branches in California; 1 branch in Washington; and 8 lending offices located throughout the market area, including Santa Rosa, Los Angeles, San Francisco, San Jose, San Diego, and Seattle. The company was founded in 1983 and is headquartered in Santa Rosa, California.