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S&P 500   3,825.33
DOW   31,097.26
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S&P 500   3,825.33
DOW   31,097.26
QQQ   282.13
S&P 500   3,825.33
DOW   31,097.26
QQQ   282.13
S&P 500   3,825.33
DOW   31,097.26
QQQ   282.13
NASDAQ:LBC

Luther Burbank Stock Forecast, Price & News

$13.08
+0.03 (+0.23%)
(As of 07/1/2022 12:00 AM ET)
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Today's Range
$12.93
$13.16
50-Day Range
$12.82
$13.67
52-Week Range
$11.82
$15.37
Volume
20,448 shs
Average Volume
46,008 shs
Market Capitalization
$675.57 million
P/E Ratio
7.31
Dividend Yield
3.68%
Price Target
N/A

Luther Burbank Stock Forecast (MarketRank)

Analyst Rating
N/A
Upside/​Downside
N/A
Short Interest
Bearish
1.73% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-0.54
Upright™ Environmental Score
News Sentiment
0.59mentions of Luther Burbank in the last 14 days
Based on 4 Articles This Week
Insider Trading
Selling Shares
$79.89 K Sold Last Quarter
Proj. Earnings Growth
-5.81%
From $1.55 to $1.46 Per Share

Overall MarketRank

MarketRank is calculated as 30% analysis score, 20% valuation score, 10% short interest score, 10% dividend score, 10% sustainability score, 10% news and social score, and 10% insider trading score.

1.60 out of 5 stars

Finance Sector

709th out of 1,394 stocks

State Commercial Banks Industry

162nd out of 243 stocks

30 days | 90 days | 365 days | Advanced Chart

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Luther Burbank logo

About Luther Burbank (NASDAQ: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, 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-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 a portfolio of 30-year fixed rate first mortgage and a forgivable second mortgage. In addition, the company offers ATM, debit cards, online and mobile banking, and real estate investment services; and issues trust preferred securities. As of December 31, 2021, it operated ten full service branches in California located in Sonoma, Marin, Santa Clara, and Los Angeles Counties; one full service branch in Washington located in King County; six loan production offices located throughout California; and a loan production office in Clackamas County, Oregon. Luther Burbank Corporation was founded in 1983 and is headquartered in Santa Rosa, California.

LBC Stock News Headlines

Luther Burbank (LBC) Q1 Earnings Beat Estimates
Luther Burbank: Dividend Insights
Luther Burbank declares $0.12 dividend
See More Headlines

Industry, Sector and Symbol

Industry
State commercial banks
Sub-Industry
N/A
Sector
Finance
Current Symbol
NASDAQ:LBC
Fax
N/A
Employees
286
Year Founded
N/A

Company Calendar

Last Earnings
4/26/2022
Ex-Dividend for 5/16 Dividend
5/05/2022
Dividend Payable
5/16/2022
Today
7/02/2022
Next Earnings (Estimated)
7/26/2022
Fiscal Year End
12/31/2022

Profitability

Net Income
$87.75 million
Pretax Margin
56.63%

Debt

Sales & Book Value

Annual Sales
$229.80 million
Cash Flow
$2.12 per share
Book Value
$12.95 per share

Miscellaneous

Free Float
39,677,000
Market Cap
$675.57 million
Optionable
Not Optionable
Beta
0.73














Luther Burbank Frequently Asked Questions

Should I buy or sell Luther Burbank stock right now?

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Luther Burbank in the last twelve months. There are currently 1 hold rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" Luther Burbank stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in LBC, but not buy additional shares or sell existing shares.
View analyst ratings for Luther Burbank
or view top-rated stocks.

How has Luther Burbank's stock performed in 2022?

Luther Burbank's stock was trading at $14.04 on January 1st, 2022. Since then, LBC shares have decreased by 6.8% and is now trading at $13.08.
View the best growth stocks for 2022 here
.

When is Luther Burbank's next earnings date?

Luther Burbank is scheduled to release its next quarterly earnings announcement on Tuesday, July 26th 2022.
View our earnings forecast for Luther Burbank
.

How were Luther Burbank's earnings last quarter?

Luther Burbank Co. (NASDAQ:LBC) announced its quarterly earnings results on Tuesday, April, 26th. The company reported $0.45 EPS for the quarter, beating the consensus estimate of $0.40 by $0.05. The business had revenue of $45.09 million for the quarter, compared to analysts' expectations of $45.30 million. Luther Burbank had a net margin of 40.22% and a trailing twelve-month return on equity of 14.11%. During the same quarter in the prior year, the company posted $0.35 earnings per share.
View Luther Burbank's earnings history
.

How often does Luther Burbank pay dividends? What is the dividend yield for Luther Burbank?

Luther Burbank announced a quarterly dividend on Tuesday, April 26th. Investors of record on Friday, May 6th will be paid a dividend of $0.12 per share on Monday, May 16th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 3.67%. The ex-dividend date is Thursday, May 5th.
View Luther Burbank's dividend history
.

Is Luther Burbank a good dividend stock?

Luther Burbank(NASDAQ:LBC) pays an annual dividend of $0.48 per share and currently has a dividend yield of 3.68%. Luther Burbank does not yet have a strong track record of dividend growth. The dividend payout ratio of Luther Burbank is 26.82%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Luther Burbank will have a dividend payout ratio of 32.88% next year. This indicates that Luther Burbank will be able to sustain or increase its dividend.
View Luther Burbank's dividend history.

Who are Luther Burbank's key executives?

Luther Burbank's management team includes the following people:
  • Ms. Simone F. Lagomarsino, CEO, Pres & Director (Age 61, Pay $1.39M)
  • Ms. Laura Tarantino, Exec. VP & CFO (Age 57, Pay $725.65k)
  • Mr. Parham Medhat, Exec. VP and Chief Operations & Technology Officer (Age 48)
  • Mr. Bradley S. Satenberg, Head of Investor Relations (Age 51)
  • Ms. Tammy Mahoney, Exec. VP & Chief Risk Officer (Age 55) (LinkedIn Profile)
  • Mr. William D. Fanter, Exec. VP & Head of Retail Banking (Age 51)
  • Mr. Alexander L. Stefani, Exec. VP & Chief Credit Officer (Age 42)
  • Ms. Lisa Kepler, Sr. VP & Director of Single Family Residential Lending (Age 62)

What is Simone Lagomarsino's approval rating as Luther Burbank's CEO?

5 employees have rated Luther Burbank CEO Simone Lagomarsino on Glassdoor.com. Simone Lagomarsino has an approval rating of 100% among Luther Burbank's employees. This puts Simone Lagomarsino in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Luther Burbank own?

When did Luther Burbank IPO?

(LBC) raised $131 million in an IPO on Friday, December 8th 2017. The company issued 11,400,000 shares at $10.50-$12.50 per share. Keefe, Bruyette & Woods (A Stifel Company), Sandler O'Neill + Partners and Piper Jaffray acted as the underwriters for the IPO and D.A. Davidson & Co. was co-manager.

What is Luther Burbank's stock symbol?

Luther Burbank trades on the NASDAQ under the ticker symbol "LBC."

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Luther Burbank's stock price today?

One share of LBC stock can currently be purchased for approximately $13.08.

How much money does Luther Burbank make?

Luther Burbank (NASDAQ:LBC) has a market capitalization of $675.57 million and generates $229.80 million in revenue each year. The company earns $87.75 million in net income (profit) each year or $1.789990 on an earnings per share basis.

How many employees does Luther Burbank have?

Luther Burbank employs 286 workers across the globe.

How can I contact Luther Burbank?

Luther Burbank's mailing address is 520 Third Street Fourth Floor, Santa Rosa CA, 95401. The official website for Luther Burbank is www.lutherburbanksavings.com. The company can be reached via phone at (844) 446-8201 or via email at investorrelations@lbsavings.com.

This page (NASDAQ:LBC) was last updated on 7/2/2022 by MarketBeat.com Staff

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