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.
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Industry, Sector and Symbol
Industry State commercial banks
Sub-IndustryN/A
SectorFinance
Phone844-446-8201
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$230.19 million
Profitability
Miscellaneous
Employees271
Next Earnings Date10/24/2019 (Estimated)
OptionableNot Optionable
Luther Burbank (NASDAQ:LBC) Frequently Asked Questions
What is Luther Burbank's stock symbol?
Luther Burbank trades on the NASDAQ under the ticker symbol "LBC."
How often does Luther Burbank pay dividends? What is the dividend yield for Luther Burbank?
Luther Burbank announced a quarterly dividend on Monday, July 29th. Investors of record on Thursday, August 8th will be given a dividend of $0.058 per share on Monday, August 19th. This represents a $0.23 annualized dividend and a yield of 2.22%. The ex-dividend date is Wednesday, August 7th. View Luther Burbank's Dividend History.
How were Luther Burbank's earnings last quarter?
Luther Burbank Corp (NASDAQ:LBC) announced its quarterly earnings data on Monday, July, 29th. The company reported $0.21 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.20 by $0.01. The firm had revenue of $32.06 million for the quarter, compared to analysts' expectations of $32.85 million. Luther Burbank had a return on equity of 7.94% and a net margin of 17.97%. View Luther Burbank's Earnings History.
When is Luther Burbank's next earnings date?
What price target have analysts set for LBC?
2 analysts have issued 1 year price targets for Luther Burbank's shares. Their forecasts range from $12.00 to $12.00. On average, they expect Luther Burbank's stock price to reach $12.00 in the next year. This suggests a possible upside of 14.7% from the stock's current price. View Analyst Price Targets for Luther Burbank.
What is the consensus analysts' recommendation for Luther Burbank?
2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Luther Burbank in the last year. There are currently 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Luther Burbank.
Has Luther Burbank been receiving favorable news coverage?
Press coverage about LBC stock has trended positive recently, according to InfoTrie Sentiment. InfoTrie ranks the sentiment of news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Luther Burbank earned a daily sentiment score of 2.5 on InfoTrie's scale. They also assigned news coverage about the company a news buzz of 6.0 out of 10, indicating that recent news coverage is somewhat likely to have an effect on the company's share price in the near future. View News Stories for Luther Burbank.
Are investors shorting Luther Burbank?
Luther Burbank saw a increase in short interest during the month of July. As of July 31st, there was short interest totalling 101,300 shares, an increase of 18.8% from the June 30th total of 85,300 shares. Based on an average daily trading volume, of 68,900 shares, the short-interest ratio is presently 1.5 days. Approximately 0.5% of the shares of the stock are short sold. View Luther Burbank's Current Options Chain.
Who are some of Luther Burbank's key competitors?
Some companies that are related to Luther Burbank include International Bancshares (IBOC), Hilltop (HTH), Independent Bank Group (IBTX), United Community Banks (UCBI), First Bancorp (FBP), Renasant (RNST), TowneBank (TOWN), Banner (BANR), Pacific Premier Bancorp (PPBI), Great Western Bancorp (GWB), ServisFirst Bancshares (SFBS), Heartland Financial USA (HTLF), Eagle Bancorp (EGBN), First Busey (BUSE) and Seacoast Banking Co. of Florida (SBCF).
What other stocks do shareholders of Luther Burbank own?
Who are Luther Burbank's key executives?
Luther Burbank's management team includes the folowing people:
- Ms. Simone F. Lagomarsino, CEO, Pres & Director (Age 58)
- Ms. Laura Tarantino, Exec. VP & CFO (Age 54)
- Ms. Liana R. Prieto J.D., Exec. VP, Gen. Counsel & Corp. Sec. (Age 40)
- Mr. John G. Biggs, Advisor (Age 64)
- Mr. Bradley S. Satenberg, Investor Relations (Age 48)
When did Luther Burbank IPO?
(LBC) raised $131 million in an initial public offering on Friday, December 8th 2017. The company issued 11,400,000 shares at a price of $10.50-$12.50 per share. Keefe, Bruyette & Woods (A Stifel Company), Sandler O'Neill + Partners and Piper Jaffray served as the underwriters for the IPO and D.A. Davidson & Co. was co-manager.
Who are Luther Burbank's major shareholders?
Luther Burbank's stock is owned by many different of retail and institutional investors. Top institutional investors include Maltese Capital Management LLC (2.15%), Vanguard Group Inc. (1.14%), JPMorgan Chase & Co. (0.51%), Mendon Capital Advisors Corp (0.50%), Northern Trust Corp (0.40%) and Bank of New York Mellon Corp (0.39%). Company insiders that own Luther Burbank stock include Anita G Newcomb, John A Cardamone, John C Erickson, Liana Prieto, Scott Frazee, Simone Lagomarsino, Tammy Mahoney and Victor Trione. View Institutional Ownership Trends for Luther Burbank.
Which institutional investors are selling Luther Burbank stock?
LBC stock was sold by a variety of institutional investors in the last quarter, including Invesco Ltd., Wells Fargo & Company MN, First Trust Advisors LP, Strs Ohio, Maltese Capital Management LLC, Bank of New York Mellon Corp and BNP Paribas Arbitrage SA. View Insider Buying and Selling for Luther Burbank.
Which institutional investors are buying Luther Burbank stock?
LBC stock was acquired by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Renaissance Technologies LLC, Mendon Capital Advisors Corp, ClariVest Asset Management LLC, Citadel Advisors LLC, Acadian Asset Management LLC, Municipal Employees Retirement System of Michigan and Marshall Wace LLP. Company insiders that have bought Luther Burbank stock in the last two years include Anita G Newcomb, John A Cardamone, John C Erickson, Scott Frazee, Simone Lagomarsino, Tammy Mahoney and Victor Trione. View Insider Buying and Selling for Luther Burbank.
How do I buy shares of Luther Burbank?
Shares of LBC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Luther Burbank's stock price today?
One share of LBC stock can currently be purchased for approximately $10.46.
How big of a company is Luther Burbank?
Luther Burbank has a market capitalization of $587.33 million and generates $230.19 million in revenue each year. The company earns $45.06 million in net income (profit) each year or $0.79 on an earnings per share basis. Luther Burbank employs 271 workers across the globe.View Additional Information About Luther Burbank.
What is Luther Burbank's official website?
How can I contact Luther Burbank?
Luther Burbank's mailing address is 520 Third Street Fourth Floor, Santa Rosa CA, 95401. The company can be reached via phone at 844-446-8201 or via email at [email protected]
MarketBeat Community Rating for Luther Burbank (NASDAQ LBC)
MarketBeat's community ratings are surveys of what our community members think about Luther Burbank and other stocks. Vote "Outperform" if you believe LBC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe LBC will underperform the S&P 500 over the long term. You may vote once every thirty days.
