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Luther Burbank Corporation (LBC)

Stock Price: $9.64 USD 0.10 (1.05%)
Updated Oct 23, 2020 4:00 PM EDT - Market closed

Stock Price Chart

Key Info

Market Cap 505.08M
Revenue (ttm) 123.24M
Net Income (ttm) 42.09M
Shares Out 52.39M
EPS (ttm) 0.76
PE Ratio 12.68
Forward PE n/a
Dividend $0.23
Dividend Yield 2.39%

Stock Quote

Trading Day Oct 23, 2020
Last Price $9.64
Previous Close $9.54
Change ($) 0.10
Change (%) 1.05%
Day's Open 9.64
Day's Range 9.54 - 9.67
Day's Volume 22,086
52-Week Range 6.76 - 11.99

More Stats

Market Cap 505.08M
Enterprise Value 1.45B
Earnings Date (est) Oct 27, 2020
Ex-Dividend Date Aug 6, 2020
Shares Outstanding 52.39M
Float 29.91M
EPS (basic) 0.77
EPS (diluted) 0.76
FCF / Share 1.41
Dividend $0.23
Dividend Yield 2.39%
Earnings Yield 7.88%
FCF Yield 14.75%
Payout Ratio 29.90%
Shares Short 224,720
Short Ratio 5.31
Short % of Float 0.75%
Beta 0.90
PE Ratio 12.68
Forward PE n/a
P/FCF Ratio 6.78
PS Ratio 4.10
PB Ratio 0.84
Revenue 123.24M
Operating Income 59.62M
Net Income 42.09M
Free Cash Flow 74.50M
Net Cash -947.89M
Net Cash / Share -18.09
Gross Margin 106.66%
Operating Margin 48.38%
Profit Margin 34.20%
FCF Margin 60.45%
ROA 0.59%
ROE 7.05%
ROIC 0.70%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Summary

Analyst Ratings (3)

Buy 2
Overweight 0
Hold 1
Underweight 0
Sell 0

Analyst Consensus: Buy

Price Target

$11.50*
(19.29% upside)
Low
9.50
Current: $9.64
High
13.00
Target: 11.50
*Average 12-month price target from 3 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year20192018201720162015
Revenue13212612211598.98
Revenue Growth4.95%3.16%5.72%16.37%-
Gross Profit13212612211598.98
Operating Income69.4662.9365.2353.9436.64
Net Income48.8645.0669.3852.1235.39
Shares Outstanding56.0356.5442.9242.0042.00
Earnings Per Share0.870.791.621.240.84
EPS Growth10.13%-51.23%30.65%47.62%-
Dividend Per Share0.230.19---
Dividend Growth22.87%----
Operating Cash Flow75.0158.9678.4130.1613.45
Capital Expenditures-2.26-1.48-1.06-3.02-8.46
Free Cash Flow72.7557.4877.3627.154.99
Cash & Equivalents91.3391.7075.5859.2165.56
Total Debt1,1351,2991,1451,268825
Net Cash / Debt-1,044-1,208-1,070-1,209-760
Assets7,0466,9375,7045,0644,363
Liabilities6,4316,3565,1554,6593,992
Book Value614581550404371
Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name Luther Burbank Corporation
Country United States
Employees 285
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.