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, depositors, and commercial businesses The company offers interest and noninterest-bearing transaction accounts, certificates of deposit, and money market accounts.
infoLuther Burbank is a small cap stock with a total market cap of 462.82M.
infoThey trade on the NASDAQ and had their IPO 5 years and 8 months ago.
infoLuther Burbank currently employs 256 people.
infoAs of Wednesday, Aug 23 2023, Luther Burbank’s share price is $9.07.
News Relating to Luther Burbank
Zacks Investment Research
Should Value Investors Buy Luther Burbank (LBC) Stock?
Monday Dec 05 2022 at 11:17
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Zacks Investment Research
Are Investors Undervaluing Luther Burbank (LBC) Right Now?
Friday Nov 18 2022 at 11:25
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Zacks Investment Research
Washington Federal (WAFD) to Buy Luther (LBC), Enter California
Monday Nov 14 2022 at 07:32
Washington Federal (WAFD) is foraying into the “fast-growing” California market with a deal to acquire Luther Burbank (LBC) for $654 million.
Seeking Alpha
Luther Burbank Corporation (LBC) Q3 2022 Earnings Call Transcript
Wednesday Oct 26 2022 at 15:08
Luther Burbank Corporation (NASDAQ:LBC ) Q3 2022 Earnings Conference Call October 26, 2022 11:00 AM ET Company Participants Simone Lagomarsino – CEO and President Laura Tarantino – EVP and CFO Conference Call Participants Woody Lay – KBW Adam Butler – Piper Sandler Gary Tenner – D.A. Davidson Operator Good morning, and welcome to the Luther Burbank Corporation Third Quarter 2022 Earnings Conference Call.
Zacks Investment Research
Luther Burbank (LBC) Tops Q3 Earnings and Revenue Estimates
Tuesday Oct 25 2022 at 21:13
Luther Burbank (LBC) delivered earnings and revenue surprises of 7.89% and 3.03%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?
GlobeNewsWire
Luther Burbank Corporation Announces Third Quarter 2022 Earnings Release and Conference Call Dates
Friday Oct 07 2022 at 13:00
SANTA ROSA, Calif., Oct. 07, 2022 (GLOBE NEWSWIRE) — Luther Burbank Corporation (the “Company”) (NASDAQ: LBC), the holding company for Luther Burbank Savings (the “Bank”), announced today that it will release its financial results as of and for the quarter and nine months ended September 30, 2022 after the market closes on Tuesday, October 25, 2022.
Seeking Alpha
Luther Burbank Corporation (LBC) CEO Simone Lagomarsino on Q2 2022 Results – Earnings Call Transcript
Saturday Jul 30 2022 at 11:53
Luther Burbank Corporation (NASDAQ:LBC ) Q2 2022 Results Conference Call July 27, 2022 11:00 AM ET Company Participants Simone Lagomarsino – Chief Executive Officer, President & Director Laura Tarantino – Executive Vice President & Chief Financial Officer Conference Call Participants Matthew Clark – Piper Sandler Woody Lay – KBW Operator Good morning, and welcome to the Luther Burbank Corporation Second Quarter 2022 Earnings Conference Call. [Operator Instructions] Before we begin, the company would like to remind you that discussions during this call contain forward-looking statements that do not relate strictly to historical or current facts.
Zacks Investment Research
Luther Burbank (LBC) Tops Q2 Earnings and Revenue Estimates
Tuesday Jul 26 2022 at 19:26
Luther Burbank (LBC) delivered earnings and revenue surprises of 18.92% and 5.59%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
GlobeNewsWire
Luther Burbank Corporation Announces Second Quarter 2022 Earnings Release and Conference Call Dates
Friday Jul 08 2022 at 13:00
SANTA ROSA, Calif., July 08, 2022 (GLOBE NEWSWIRE) — Luther Burbank Corporation (the “Company”) (NASDAQ: LBC), the holding company for Luther Burbank Savings (the “Bank”), announced today that it will release its financial results as of and for the quarter and six months ended June 30, 2022 after the market closes on Tuesday, July 26, 2022.
Seeking Alpha
Luther Burbank Corporation (LBC) CEO Simone Lagomarsino on Q1 2022 Results – Earning Call Transcript
Wednesday Apr 27 2022 at 13:09
Luther Burbank Corporation (NASDAQ:LBC ) Q1 2022 Earnings Conference Call April 27, 2022 11:00 AM ET Company Participants Simone Lagomarsino – Chief Executive Officer, President & Director Laura Tarantino – Executive Vice President & Chief Financial Officer Conference Call Participants Matthew Clark – Piper Sandler Gary Tenner – D.A. Davidson Woody Lay – Keefe, Bruyette & Woods Operator Good morning and welcome to the Luther Burbank Corporation First Quarter 2022 Earnings Conference Call.
Zacks Investment Research
Luther Burbank (LBC) Q1 Earnings Beat Estimates
Tuesday Apr 26 2022 at 18:03
Luther Burbank (LBC) delivered earnings and revenue surprises of 12.50% and 0.46%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?
Zacks Investment Research
Luther Burbank (LBC) Reports Next Week: Wall Street Expects Earnings Growth
Tuesday Apr 19 2022 at 16:33
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.
GlobeNewsWire
Luther Burbank Corporation Announces First Quarter 2022 Earnings Release and Conference Call Dates
Friday Apr 08 2022 at 13:00
SANTA ROSA, Calif., April 08, 2022 (GLOBE NEWSWIRE) — Luther Burbank Corporation (the “Company”) (NASDAQ: LBC), the holding company for Luther Burbank Savings (the “Bank”), announced today that it will release its financial results as of and for the quarter ended March 31, 2022 after the market closes on Tuesday, April 26, 2022.
Seeking Alpha
Luther Burbank Corporation (LBC) CEO Simone Lagomarsino on Q4 2021 Results – Earning Call Transcript
Wednesday Jan 26 2022 at 14:14
Luther Burbank Corporation (LBC) CEO Simone Lagomarsino on Q4 2021 Results – Earning Call Transcript
Zacks Investment Research
Luther Burbank (LBC) Q4 Earnings and Revenues Top Estimates
Tuesday Jan 25 2022 at 18:29
Luther Burbank (LBC) delivered earnings and revenue surprises of 4.65% and 1.67%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?
GlobeNewsWire
Luther Burbank Corporation Announces Fourth Quarter 2021 Earnings Release and Conference Call Dates
Monday Jan 10 2022 at 13:00
SANTA ROSA, Calif., Jan. 10, 2022 (GLOBE NEWSWIRE) — Luther Burbank Corporation (the “Company”) (NASDAQ: LBC), the holding company for Luther Burbank Savings (the “Bank”), announced today that it will release its financial results as of and for the quarter and year ended December 31, 2021 after the market closes on Tuesday, January 25, 2022.
Zacks Investment Research
Recent Price Trend in Luther Burbank (LBC) is Your Friend, Here’s Why
Thursday Dec 30 2021 at 09:58
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 our “Recent Price Strength” screen.
Zacks Investment Research
Strength Seen in Luther Burbank (LBC): Can Its 6.6% Jump Turn into More Strength?
Tuesday Dec 21 2021 at 06:09
Luther Burbank (LBC) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn’t suggest further strength down the road.
Seeking Alpha
Luther Burbank Corp (LBC) CEO Simone Lagomarsino on Q3 2021 Results – Earnings Call Transcript
Wednesday Oct 27 2021 at 13:26
Luther Burbank Corp (LBC) CEO Simone Lagomarsino on Q3 2021 Results – Earnings Call Transcript
Zacks Investment Research
Luther Burbank (LBC) Surpasses Q3 Earnings and Revenue Estimates
Tuesday Oct 26 2021 at 19:00
Luther Burbank (LBC) delivered earnings and revenue surprises of 17.07% and 4.71%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?
GlobeNewsWire
Luther Burbank Corporation Announces Third Quarter 2021 Earnings Release and Conference Call Dates
Friday Oct 08 2021 at 13:00
SANTA ROSA, Calif., Oct. 08, 2021 (GLOBE NEWSWIRE) — Luther Burbank Corporation (the “Company”) (NASDAQ: LBC), the holding company for Luther Burbank Savings (the “Bank”), announced today that it will release its financial results as of and for the quarter and nine months ended September 30, 2021 after the market closes on Tuesday, October 26, 2021.
GlobeNewsWire
Luther Burbank Savings Secures a $25,000 AHEAD Grant to Assist Seniors in Maintaining Their Homes
Monday Sep 20 2021 at 14:48
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 by FHLBank San Francisco (FHLBank) to benefit organizations promoting financial stability in communities throughout California.
Zacks Investment Research
How Luther Burbank (LBC) Stock Stands Out in a Strong Industry
Wednesday Aug 25 2021 at 10:49
Luther Burbank (LBC) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.
Zacks Investment Research
Top Ranked Income Stocks to Buy for August 12th
Thursday Aug 12 2021 at 11:40
LBC, HVT, ATCO, and HFWA made it to the Zacks Rank #1 (Strong Buy) income stocks list on August 12, 2021.
Zacks Investment Research
Here’s Why “Trend” Investors Would Love Betting on Luther Burbank (LBC)
Wednesday Aug 11 2021 at 11:00
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 our shorter-term trading strategy-based screen.
Zacks Investment Research
Top Ranked Income Stocks to Buy for August 9th
Monday Aug 09 2021 at 12:23
EPR, TX, LBC, and AXS made it to the Zacks Rank #1 (Strong Buy) income stocks list on August 9, 2021
Zacks Investment Research
Earnings Estimates Moving Higher for Luther Burbank (LBC): Time to Buy?
Tuesday Aug 03 2021 at 13:44
Luther Burbank (LBC) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
Seeking Alpha
Luther Burbank Corp (LBC) CEO Simone Lagomarsino on Q2 2021 Results – Earnings Call Transcript
Saturday Jul 31 2021 at 23:56
Luther Burbank Corp (LBC) CEO Simone Lagomarsino on Q2 2021 Results – Earnings Call Transcript
Zacks Investment Research
Luther Burbank (LBC) Q2 Earnings and Revenues Top Estimates
Tuesday Jul 27 2021 at 18:23
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?
Benzinga
Recap: Luther Burbank Q2 Earnings
Tuesday Jul 27 2021 at 16:40
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 beat the estimate of $0.33.
Luther Burbank Bankruptcy Risk
The Altman Z-score is a formula that measures a company’s financial health and bankruptcy risk. It assigns a numerical score based on various financial ratios. The Z-score is divided into different zones. If the Z-score is above 2.99, it indicates a lower bankruptcy risk, classifying the company as ‘safe’ or ‘non-distressed’. If the score falls below 1.81, it suggests a higher risk, indicating potential financial distress or bankruptcy. The range between 1.81 and 2.99 is called the ‘gray zone’ or zone of ambiguity.
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Luther Burbank’s Altman Z-score is 0.48 which is in the distress zone. This indicates a higher risk of financial distress and potential bankruptcy for the company. It can serve as a warning sign of significant financial challenges, requiring careful consideration by potential investors.
Derived from SEC.GOV filing dataopen_in_new
Luther Burbank Insider Trading
Insider trading is when individuals employed by a company buy or sell its securities following legal procedures and regulations. Company executives, directors, and employees may be permitted to buy or sell shares if they follow specific rules, such as filing a Form 4 with the SEC within two business days.
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Over the last 3 months, there has been no insider trading in Luther Burbank.
Derived from SEC.GOV filing dataopen_in_new
Debt & Income Analysis
Income quality measures a company’s operating cash flow to net income ratio. It helps investors and analysts assess the sustainability of a company’s earnings. A high QIR indicates strong cash flows, while a low QIR may indicate non-operating activities driving net income.
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Luther Burbank’s Income Quality of 1.14 is lower than its Industry Group of 1.3 (-12.3% lower)
Luther Burbank’s Income Quality of 1.14 is lower than its Major Industry Group of 1.32 (-13.6% lower)
Luther Burbank’s Income Quality of 1.14 is greater than its Sector of 0.58 (96.6% greater)
Derived from SEC.GOV filing dataopen_in_new
Data is unavailable for Current Ratio
Value Analysis
PE ratio (price-to-earnings), measures a company’s stock price relative to its earnings per share. It helps investors evaluate whether its stock is overvalued or undervalued. A higher PE ratio indicates that investors are willing to pay more for a company’s earnings, while a lower PE ratio (above zero) suggests the company could be undervalued.
Learn more at Investopediaopen_in_new
Luther Burbank’s PE Ratio of 8.41 is in line with its Industry Group of 7.82 (7.5% greater)
Luther Burbank’s PE Ratio of 8.41 is in line with its Major Industry Group of 8.01 (5.0% greater)
Luther Burbank’s PE Ratio of 8.41 is in line with its Sector of 7.86 (7.0% greater)
Derived from SEC.GOV filing dataopen_in_new
The PB ratio (price-to-book), measures a company’s stock price relative to its book value (net value of a company’s assets reported on its balance sheet, after subtracting debt) per share. It is used to evaluate a company’s valuation, with a lower PB ratio (above zero) indicating a lower valuation and a higher PB ratio suggesting overvaluation.
Learn more at Investopediaopen_in_new
Luther Burbank’s PB Ratio of 0.07 is lower than its Industry Group of 0.58 (-87.9% lower)
Luther Burbank’s PB Ratio of 0.07 is lower than its Major Industry Group of 0.36 (-80.6% lower)
Luther Burbank’s PB Ratio of 0.07 is lower than its Sector of 0.72 (-90.3% lower)
Derived from SEC.GOV filing dataopen_in_new
Efficiency Analysis
ROE (Return on Equity), is a financial ratio that measures a company’s profitability relative to its shareholders’ equity (the amount of value in a company that belongs to the people who own shares). It indicates how efficiently a company generates profits per unit of equity invested. A high ROE suggests effective use of equity, while a low ROE indicates inefficiency.
Learn more at Investopediaopen_in_new
Luther Burbank’s ROE of 0.01 is lower than its Industry Group of 0.08 (-87.5% lower)
Luther Burbank’s ROE of 0.01 is lower than its Major Industry Group of 0.02 (-50.0% lower)
Luther Burbank’s ROE of 0.01 is lower than its Sector of 0.04 (-75.0% lower)
Derived from SEC.GOV filing dataopen_in_new
ROCE (Return on Capital Employed), is a financial ratio that measures a company’s profitability relative to the amount of capital invested in its operations. It indicates how well a company is generating profits from its capital investments. A high ROCE suggests effective use of capital, while a low ROCE indicates inefficiency.
Learn more at Investopediaopen_in_new
Luther Burbank’s ROCE of 0.02 is in line with its Industry Group of 0.02
Luther Burbank’s ROCE of 0.02 is in line with its Major Industry Group of 0.02
Luther Burbank’s ROCE of 0.02 is in line with its Sector of 0.02
Derived from SEC.GOV filing dataopen_in_new