View ValuationThis company is no longer activeThe company may no longer be operating, as it may be out of business. Find out why through their latest events.See Latest EventsLuther Burbank 将来の成長Future 基準チェック /06Luther Burbankの収益と利益は、それぞれ年間3.9%と11.1%減少すると予測されています。EPS は年間10.6%で 減少すると予想されています。自己資本利益率は 3 年後に3.5%になると予測されています。主要情報-11.1%収益成長率-10.63%EPS成長率Banks 収益成長8.7%収益成長率-3.9%将来の株主資本利益率3.50%アナリストカバレッジLow最終更新日09 Jan 2024今後の成長に関する最新情報更新なしすべての更新を表示Recent updatesお知らせ • Mar 04Luther Burbank Files Form 15Luther Burbank Corporation has announced that it has filed a Form 15 with the Securities and Exchange Commission to voluntarily deregister its common stock under the Securities Exchange Act of 1934, as amended.お知らせ • Mar 01+ 2 more updatesLuther Burbank Corporation Announces Directors and Executive Officers Ceased Serving in Such CapacitiesAt March 1, 2024 Luther Burbank Corporation accordance with the terms of the Merger Agreement, each of Luther Burbank’s directors and executive officers ceased serving in such capacities and Bradley M. Shuster and M. Max Yzaguirre, two former directors of Luther Burbank, were appointed to serve as directors of WaFd and WaFd Bank, in each case effective at March 1, 2024.Board Change • Jan 01Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 3 experienced directors. 4 highly experienced directors. Independent Director Mario Yzaguirre was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.New Risk • Nov 24New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 11% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 11% per year for the foreseeable future. Minor Risk Profit margins are more than 30% lower than last year (30% net profit margin).New Risk • Nov 01New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 30% Last year net profit margin: 48% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. This is currently the only risk that has been identified for the company.お知らせ • Oct 31Luther Burbank Corporation Reports Net Charge-Offs for the Third Quarter Ended September 30, 2023Luther Burbank Corporation reported net charge-offs for the third quarter ended September 30, 2023. For the quarter, the company reported net charge-offs of $463,000.お知らせ • Jul 26Luther Burbank Corporation, Annual General Meeting, Oct 24, 2023Luther Burbank Corporation, Annual General Meeting, Oct 24, 2023.Reported Earnings • Jul 26Second quarter 2023 earnings released: EPS: US$0.14 (vs US$0.44 in 2Q 2022)Second quarter 2023 results: EPS: US$0.14 (down from US$0.44 in 2Q 2022). Revenue: US$26.0m (down 43% from 2Q 2022). Net income: US$6.92m (down 69% from 2Q 2022). Profit margin: 27% (down from 50% in 2Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Jun 07Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €9.25, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 7x in the Banks industry in Europe. Total loss to shareholders of 25% over the past year.Reported Earnings • Apr 26First quarter 2023 earnings released: EPS: US$0.26 (vs US$0.45 in 1Q 2022)First quarter 2023 results: EPS: US$0.26 (down from US$0.45 in 1Q 2022). Revenue: US$36.0m (down 24% from 1Q 2022). Net income: US$13.4m (down 41% from 1Q 2022). Profit margin: 37% (down from 48% in 1Q 2022). The decrease in margin was driven by lower revenue.Valuation Update With 7 Day Price Move • Mar 14Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to €8.85, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 11x in the Mortgage industry in Europe. Total loss to shareholders of 25% over the past year.Reported Earnings • Jan 25Full year 2022 earnings released: EPS: US$1.58 (vs US$1.70 in FY 2021)Full year 2022 results: EPS: US$1.58 (down from US$1.70 in FY 2021). Revenue: US$177.8m (down 2.9% from FY 2021). Net income: US$80.2m (down 8.6% from FY 2021). Profit margin: 45% (down from 48% in FY 2021). The decrease in margin was primarily driven by lower revenue. Revenue is expected to decline by 12% p.a. on average during the next 2 years, while revenues in the Mortgage industry in Europe are expected to grow by 5.2%.Reported Earnings • Oct 27Third quarter 2022 earnings released: EPS: US$0.41 (vs US$0.48 in 3Q 2021)Third quarter 2022 results: EPS: US$0.41 (down from US$0.48 in 3Q 2021). Revenue: US$45.2m (down 8.7% from 3Q 2021). Net income: US$21.0m (down 15% from 3Q 2021). Profit margin: 46% (down from 50% in 3Q 2021). The decrease in margin was driven by lower revenue. Revenue is expected to decline by 6.6% p.a. on average during the next 3 years, while revenues in the Mortgage industry in Europe are expected to grow by 7.0%.お知らせ • Oct 26Luther Burbank Corporation Declares Quarterly Cash Dividend, Payable on November 14, 2022Luther Burbank Corporation Board of Directors of the Company declared a quarterly cash dividend of $0.12 per common share. The dividend is payable on November 14, 2022 to shareholders of record as of November 4, 2022.お知らせ • Oct 08Luther Burbank Corporation to Report Q3, 2022 Results on Oct 25, 2022Luther Burbank Corporation announced that they will report Q3, 2022 results at 4:00 PM, US Eastern Standard Time on Oct 25, 2022お知らせ • Jul 27Luther Burbank Corporation Declares Quarterly Cash Dividend, Payable on August 15, 2022Luther Burbank Corporation announced that on July 26, 2022, the Board of Directors of the Company declared a quarterly cash dividend of $0.12 per common share. The dividend is payable on August 15, 2022 to shareholders of record as of August 5, 2022.Reported Earnings • Jul 27Second quarter 2022 earnings released: EPS: US$0.44 (vs US$0.41 in 2Q 2021)Second quarter 2022 results: EPS: US$0.44 (up from US$0.41 in 2Q 2021). Revenue: US$45.3m (up 3.2% from 2Q 2021). Net income: US$22.6m (up 6.4% from 2Q 2021). Profit margin: 50% (up from 48% in 2Q 2021). Over the next year, revenue is expected to shrink by 12% compared to a 11% growth forecast for the industry in Germany.お知らせ • Jul 09Luther Burbank Corporation to Report First Half, 2022 Results on Jul 26, 2022Luther Burbank Corporation announced that they will report first half, 2022 results on Jul 26, 2022Recent Insider Transactions • May 12Key Executive recently sold €75k worth of stockOn the 6th of May, Parham Medhat sold around 6k shares on-market at roughly €12.57 per share. This was the largest sale by an insider in the last 3 months. This was Parham's only on-market trade for the last 12 months.Reported Earnings • Apr 28First quarter 2022 earnings released: EPS: US$0.45 (vs US$0.35 in 1Q 2021)First quarter 2022 results: EPS: US$0.45 (up from US$0.35 in 1Q 2021). Revenue: US$47.6m (up 15% from 1Q 2021). Net income: US$22.9m (up 25% from 1Q 2021). Profit margin: 48% (up from 44% in 1Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is expected to shrink by 5.9% compared to a 11% growth forecast for the industry in Germany.お知らせ • Apr 27Luther Burbank Corporation Announces Quarterly DividendLuther Burbank Corporation announces quarterly cash dividend of $0.12 per common share declared.お知らせ • Apr 09Luther Burbank Corporation to Report Q1, 2022 Results on Apr 26, 2022Luther Burbank Corporation announced that they will report Q1, 2022 results After-Market on Apr 26, 2022Buying Opportunity • Mar 24Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 1.6%. The fair value is estimated to be US$15.21, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% per annum over the last 3 years. Earnings per share has grown by 23% per annum over the last 3 years.Reported Earnings • Mar 16Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: US$1.70 (up from US$0.75 in FY 2020). Revenue: US$183.1m (up 40% from FY 2020). Net income: US$87.8m (up 120% from FY 2020). Profit margin: 48% (up from 31% in FY 2020). The increase in margin was driven by higher revenue. Net interest margin (NIM): 2.40% (up from 1.97% in FY 2020). Cost-to-income ratio: 34.3% (down from 52.4% in FY 2020). Non-performing loans: 0.04% (down from 0.11% in FY 2020). Revenue was in line with analyst estimates. Over the next year, revenue is expected to shrink by 1.5% compared to a 14% growth forecast for the banks industry in Germany.Reported Earnings • Jan 26Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: US$1.70 (up from US$0.75 in FY 2020). Revenue: US$183.1m (up 40% from FY 2020). Net income: US$87.8m (up 120% from FY 2020). Profit margin: 48% (up from 31% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 3.6%, compared to a 14% growth forecast for the banks industry in Germany.Reported Earnings • Oct 27Third quarter 2021 earnings released: EPS US$0.48 (vs US$0.28 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: US$49.5m (up 35% from 3Q 2020). Net income: US$24.7m (up 73% from 3Q 2020). Profit margin: 50% (up from 39% in 3Q 2020). The increase in margin was driven by higher revenue.Recent Insider Transactions • Sep 16Executive VP & Chief Risk Officer recently sold €85k worth of stockOn the 14th of September, Tammy Mahoney sold around 8k shares on-market at roughly €10.58 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €568k more than they bought in the last 12 months.Reported Earnings • Jul 28Second quarter 2021 earnings released: EPS US$0.41 (vs US$0.18 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: US$43.9m (up 54% from 2Q 2020). Net income: US$21.2m (up 128% from 2Q 2020). Profit margin: 48% (up from 33% in 2Q 2020). The increase in margin was driven by higher revenue.Recent Insider Transactions • May 12Independent Director recently sold €47k worth of stockOn the 3rd of May, Jack Krouskup sold around 5k shares on-market at roughly €9.48 per share. In the last 3 months, there was an even bigger sale from another insider worth €304k. Insiders have been net sellers, collectively disposing of €516k more than they bought in the last 12 months.Reported Earnings • Apr 30First quarter 2021 earnings released: EPS US$0.35 (vs US$0.14 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: US$41.5m (up 50% from 1Q 2020). Net income: US$18.4m (up 143% from 1Q 2020). Profit margin: 44% (up from 27% in 1Q 2020). The increase in margin was driven by higher revenue.お知らせ • Apr 29Luther Burbank Corporation Declares Quarterly Cash Dividend, Payable on May 17, 2021On April 27, 2021, the Board of Directors of Luther Burbank Corporation declared a quarterly cash dividend of $0.0575 per common share. The dividend is payable on May 17, 2021 to shareholders of record as of May 7, 2021.お知らせ • Mar 18Luther Burbank Corporation, Annual General Meeting, Apr 27, 2021Luther Burbank Corporation, Annual General Meeting, Apr 27, 2021, at 09:00 Pacific Standard Time. Location: 520 Third Street, 4th floor, Santa Rosa California United States Agenda: To consider the election of eight (8) director nominees named in this proxy statement, each for a term of one year expiring at the Company's 2022 annual meeting of stockholders; and to ratify the selection of Crowe LLP as the Company's independent registered public accounting firm for the year ending December 31, 2021.Reported Earnings • Mar 13Full year 2020 earnings released: EPS US$0.75 (vs US$0.87 in FY 2019)The company reported a poor full year result with weaker earnings and profit margins, although revenues were flat. Full year 2020 results: Revenue: US$130.6m (flat on FY 2019). Net income: US$39.9m (down 18% from FY 2019). Profit margin: 31% (down from 37% in FY 2019). Net interest margin (NIM): 1.97% (up from 1.84% in FY 2019). Cost-to-income ratio: 52.4% (up from 46.9% in FY 2019). Non-performing loans: 0.11% (up from 0.10% in FY 2019).Analyst Estimate Surprise Post Earnings • Mar 13Revenue beats expectationsRevenue exceeded analyst estimates by 0.5%. Over the next year, revenue is forecast to grow 22% compared to a 5.9% decline forecast for the Mortgage industry in Germany.Recent Insider Transactions • Mar 11Executive VP recently sold €304k worth of stockOn the 10th of March, Liana Prieto sold around 30k shares on-market at roughly €10.12 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €423k more than they bought in the last 12 months.Recent Insider Transactions • Mar 05Executive VP & Chief Risk Officer recently sold €106k worth of stockOn the 1st of March, Tammy Mahoney sold around 12k shares on-market at roughly €8.83 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €119k more than they bought in the last 12 months.Is New 90 Day High Low • Feb 25New 90-day high: €8.69The company is up 2.0% from its price of €8.52 on 26 November 2020. The German market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Mortgage industry, which is up 4.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €10.64 per share.Reported Earnings • Jan 30Full year 2020 earnings released: EPS US$0.75 (vs US$0.87 in FY 2019)The company reported a poor full year result with weaker earnings and profit margins, although revenues were flat. Full year 2020 results: Revenue: US$130.6m (flat on FY 2019). Net income: US$39.9m (down 18% from FY 2019). Profit margin: 31% (down from 37% in FY 2019). Net interest margin (NIM): 1.97% (up from 1.84% in FY 2019). Cost-to-income ratio: 67.2% (up from 46.9% in FY 2019). Non-performing loans: 0.10% (no change from 0.10% in FY 2019).Analyst Estimate Surprise Post Earnings • Jan 30Revenue beats expectationsRevenue exceeded analyst estimates by 0.5%. Over the next year, revenue is forecast to grow 22%, compared to a 39% growth forecast for the Mortgage industry in Germany.お知らせ • Jan 12Luther Burbank Corporation to Report Q4, 2020 Results on Jan 26, 2021Luther Burbank Corporation announced that they will report Q4, 2020 results After-Market on Jan 26, 2021お知らせ • Dec 24Renu Agrawal Joins Luther Burbank Corporation and Luther Burbank Savings Board of Directors and Audit and Risk CommitteeLuther Burbank Corporation, the holding company for Luther Burbank Savings (the “Bank”), has announced that Renu Agrawal has been appointed to the Board of Directors of the Company and the Bank. Ms. Agrawal has also been appointed to the Company’s and the Bank’s Audit and Risk Committee of the Board of the Directors. Ms. Agrawal most recently served as Executive Vice President and Chief Operating Officer for Wells Fargo’s Financial Institutions Group. Ms. Agrawal holds a M.B.A. from MIT Sloan School of Management and a Ph.D. in Materials Science and Engineering from MIT. She graduated with a B.Tech in metallurgy from IIT, Kanpur.Is New 90 Day High Low • Nov 11New 90-day high: €9.17The company is up 5.0% from its price of €8.77 on 12 August 2020. The German market is flat over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Mortgage industry, which is up 12% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €8.29 per share.Reported Earnings • Nov 10Third quarter 2020 earnings released: EPS US$0.28The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: US$36.7m (up 7.7% from 3Q 2019). Net income: US$14.3m (up 12% from 3Q 2019). Profit margin: 39% (up from 37% in 3Q 2019). The increase in margin was driven by higher revenue.Analyst Estimate Surprise Post Earnings • Nov 10Revenue beats expectationsRevenue exceeded analyst estimates by 3.0%. Over the next year, revenue is forecast to grow 21%, compared to a 45% growth forecast for the Mortgage industry in Germany.Analyst Estimate Surprise Post Earnings • Oct 30Third-quarter earnings released: Revenue beats expectationsThird-quarter revenue exceeded analyst estimates by 3.0% at US$36.7m. Revenue is forecast to grow 19% over the next year, compared to a 47% growth forecast for the Mortgage industry in Germany.Reported Earnings • Oct 30Third quarter earnings releasedOver the last 12 months the company has reported total profits of US$43.7m, down 7.1% from the prior year. Total revenue was US$125.9m over the last 12 months, down 4.2% from the prior year.お知らせ • Oct 10Luther Burbank Corporation to Report Q3, 2020 Results on Oct 27, 2020Luther Burbank Corporation announced that they will report Q3, 2020 results at 5:00 PM, Eastern Standard Time on Oct 27, 2020お知らせ • Jul 17Luther Burbank Corporation to Report Q2, 2020 Results on Jul 28, 2020Luther Burbank Corporation announced that they will report Q2, 2020 results at 5:00 PM, Eastern Standard Time on Jul 28, 2020業績と収益の成長予測DB:3QM - アナリストの将来予測と過去の財務データ ( )USD Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数12/31/202511029N/AN/A112/31/20248112N/AN/A112/31/202310326N/AN/A19/30/2023119364950N/A6/30/2023147556970N/A3/31/2023166716566N/A12/31/2022178808485N/A9/30/202218690102102N/A6/30/202219194110111N/A3/31/202218992116116N/A12/31/202118388106107N/A9/30/2021173739798N/A6/30/2021160637374N/A3/31/2021145517475N/A12/31/2020131406465N/A9/30/2020126447477N/A6/30/2020123427780N/A3/31/2020126447376N/A12/31/2019131497678N/A9/30/2019131476566N/A6/30/2019129466970N/A3/31/2019129466567N/A12/31/2018126455759N/A9/30/2018121557172N/A6/30/2018121606768N/A3/31/2018124687677N/A12/31/2017122697778N/A9/30/2017125624041N/A6/30/201712459N/A39N/A3/31/201711754N/A25N/A12/31/201611552N/A30N/A12/31/20159935N/A13N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: 3QMの収益は今後 3 年間で減少すると予測されています (年間-11.1% )。収益対市場: 3QMの収益は今後 3 年間で減少すると予測されています (年間-11.1% )。高成長収益: 3QMの収益は今後 3 年間で減少すると予測されています。収益対市場: 3QMの収益は今後 3 年間で減少すると予想されています (年間-3.9% )。高い収益成長: 3QMの収益は今後 3 年間で減少すると予測されています (年間-3.9% )。一株当たり利益成長率予想将来の株主資本利益率将来のROE: 3QMの 自己資本利益率 は、3年後には低くなると予測されています ( 3.5 %)。成長企業の発掘7D1Y7D1Y7D1YBanks 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2024/03/01 07:38終値2024/03/01 00:00収益2023/09/30年間収益2022/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレークこのレポートを生成するために使用した分析モデルの詳細は、当社のGitHubページでご覧いただけます。また、レポートの活用方法に関するガイドやYouTubeのチュートリアルも用意しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Luther Burbank Corporation 1 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。3 アナリスト機関Gary TennerD.A. Davidson & Co.Christopher McGrattyKeefe, Bruyette, & WoodsMatthew ClarkPiper Sandler Companies
お知らせ • Mar 04Luther Burbank Files Form 15Luther Burbank Corporation has announced that it has filed a Form 15 with the Securities and Exchange Commission to voluntarily deregister its common stock under the Securities Exchange Act of 1934, as amended.
お知らせ • Mar 01+ 2 more updatesLuther Burbank Corporation Announces Directors and Executive Officers Ceased Serving in Such CapacitiesAt March 1, 2024 Luther Burbank Corporation accordance with the terms of the Merger Agreement, each of Luther Burbank’s directors and executive officers ceased serving in such capacities and Bradley M. Shuster and M. Max Yzaguirre, two former directors of Luther Burbank, were appointed to serve as directors of WaFd and WaFd Bank, in each case effective at March 1, 2024.
Board Change • Jan 01Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 3 experienced directors. 4 highly experienced directors. Independent Director Mario Yzaguirre was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
New Risk • Nov 24New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 11% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 11% per year for the foreseeable future. Minor Risk Profit margins are more than 30% lower than last year (30% net profit margin).
New Risk • Nov 01New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 30% Last year net profit margin: 48% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. This is currently the only risk that has been identified for the company.
お知らせ • Oct 31Luther Burbank Corporation Reports Net Charge-Offs for the Third Quarter Ended September 30, 2023Luther Burbank Corporation reported net charge-offs for the third quarter ended September 30, 2023. For the quarter, the company reported net charge-offs of $463,000.
お知らせ • Jul 26Luther Burbank Corporation, Annual General Meeting, Oct 24, 2023Luther Burbank Corporation, Annual General Meeting, Oct 24, 2023.
Reported Earnings • Jul 26Second quarter 2023 earnings released: EPS: US$0.14 (vs US$0.44 in 2Q 2022)Second quarter 2023 results: EPS: US$0.14 (down from US$0.44 in 2Q 2022). Revenue: US$26.0m (down 43% from 2Q 2022). Net income: US$6.92m (down 69% from 2Q 2022). Profit margin: 27% (down from 50% in 2Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Jun 07Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €9.25, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 7x in the Banks industry in Europe. Total loss to shareholders of 25% over the past year.
Reported Earnings • Apr 26First quarter 2023 earnings released: EPS: US$0.26 (vs US$0.45 in 1Q 2022)First quarter 2023 results: EPS: US$0.26 (down from US$0.45 in 1Q 2022). Revenue: US$36.0m (down 24% from 1Q 2022). Net income: US$13.4m (down 41% from 1Q 2022). Profit margin: 37% (down from 48% in 1Q 2022). The decrease in margin was driven by lower revenue.
Valuation Update With 7 Day Price Move • Mar 14Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to €8.85, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 11x in the Mortgage industry in Europe. Total loss to shareholders of 25% over the past year.
Reported Earnings • Jan 25Full year 2022 earnings released: EPS: US$1.58 (vs US$1.70 in FY 2021)Full year 2022 results: EPS: US$1.58 (down from US$1.70 in FY 2021). Revenue: US$177.8m (down 2.9% from FY 2021). Net income: US$80.2m (down 8.6% from FY 2021). Profit margin: 45% (down from 48% in FY 2021). The decrease in margin was primarily driven by lower revenue. Revenue is expected to decline by 12% p.a. on average during the next 2 years, while revenues in the Mortgage industry in Europe are expected to grow by 5.2%.
Reported Earnings • Oct 27Third quarter 2022 earnings released: EPS: US$0.41 (vs US$0.48 in 3Q 2021)Third quarter 2022 results: EPS: US$0.41 (down from US$0.48 in 3Q 2021). Revenue: US$45.2m (down 8.7% from 3Q 2021). Net income: US$21.0m (down 15% from 3Q 2021). Profit margin: 46% (down from 50% in 3Q 2021). The decrease in margin was driven by lower revenue. Revenue is expected to decline by 6.6% p.a. on average during the next 3 years, while revenues in the Mortgage industry in Europe are expected to grow by 7.0%.
お知らせ • Oct 26Luther Burbank Corporation Declares Quarterly Cash Dividend, Payable on November 14, 2022Luther Burbank Corporation Board of Directors of the Company declared a quarterly cash dividend of $0.12 per common share. The dividend is payable on November 14, 2022 to shareholders of record as of November 4, 2022.
お知らせ • Oct 08Luther Burbank Corporation to Report Q3, 2022 Results on Oct 25, 2022Luther Burbank Corporation announced that they will report Q3, 2022 results at 4:00 PM, US Eastern Standard Time on Oct 25, 2022
お知らせ • Jul 27Luther Burbank Corporation Declares Quarterly Cash Dividend, Payable on August 15, 2022Luther Burbank Corporation announced that on July 26, 2022, the Board of Directors of the Company declared a quarterly cash dividend of $0.12 per common share. The dividend is payable on August 15, 2022 to shareholders of record as of August 5, 2022.
Reported Earnings • Jul 27Second quarter 2022 earnings released: EPS: US$0.44 (vs US$0.41 in 2Q 2021)Second quarter 2022 results: EPS: US$0.44 (up from US$0.41 in 2Q 2021). Revenue: US$45.3m (up 3.2% from 2Q 2021). Net income: US$22.6m (up 6.4% from 2Q 2021). Profit margin: 50% (up from 48% in 2Q 2021). Over the next year, revenue is expected to shrink by 12% compared to a 11% growth forecast for the industry in Germany.
お知らせ • Jul 09Luther Burbank Corporation to Report First Half, 2022 Results on Jul 26, 2022Luther Burbank Corporation announced that they will report first half, 2022 results on Jul 26, 2022
Recent Insider Transactions • May 12Key Executive recently sold €75k worth of stockOn the 6th of May, Parham Medhat sold around 6k shares on-market at roughly €12.57 per share. This was the largest sale by an insider in the last 3 months. This was Parham's only on-market trade for the last 12 months.
Reported Earnings • Apr 28First quarter 2022 earnings released: EPS: US$0.45 (vs US$0.35 in 1Q 2021)First quarter 2022 results: EPS: US$0.45 (up from US$0.35 in 1Q 2021). Revenue: US$47.6m (up 15% from 1Q 2021). Net income: US$22.9m (up 25% from 1Q 2021). Profit margin: 48% (up from 44% in 1Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is expected to shrink by 5.9% compared to a 11% growth forecast for the industry in Germany.
お知らせ • Apr 27Luther Burbank Corporation Announces Quarterly DividendLuther Burbank Corporation announces quarterly cash dividend of $0.12 per common share declared.
お知らせ • Apr 09Luther Burbank Corporation to Report Q1, 2022 Results on Apr 26, 2022Luther Burbank Corporation announced that they will report Q1, 2022 results After-Market on Apr 26, 2022
Buying Opportunity • Mar 24Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 1.6%. The fair value is estimated to be US$15.21, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% per annum over the last 3 years. Earnings per share has grown by 23% per annum over the last 3 years.
Reported Earnings • Mar 16Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: US$1.70 (up from US$0.75 in FY 2020). Revenue: US$183.1m (up 40% from FY 2020). Net income: US$87.8m (up 120% from FY 2020). Profit margin: 48% (up from 31% in FY 2020). The increase in margin was driven by higher revenue. Net interest margin (NIM): 2.40% (up from 1.97% in FY 2020). Cost-to-income ratio: 34.3% (down from 52.4% in FY 2020). Non-performing loans: 0.04% (down from 0.11% in FY 2020). Revenue was in line with analyst estimates. Over the next year, revenue is expected to shrink by 1.5% compared to a 14% growth forecast for the banks industry in Germany.
Reported Earnings • Jan 26Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: US$1.70 (up from US$0.75 in FY 2020). Revenue: US$183.1m (up 40% from FY 2020). Net income: US$87.8m (up 120% from FY 2020). Profit margin: 48% (up from 31% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 3.6%, compared to a 14% growth forecast for the banks industry in Germany.
Reported Earnings • Oct 27Third quarter 2021 earnings released: EPS US$0.48 (vs US$0.28 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: US$49.5m (up 35% from 3Q 2020). Net income: US$24.7m (up 73% from 3Q 2020). Profit margin: 50% (up from 39% in 3Q 2020). The increase in margin was driven by higher revenue.
Recent Insider Transactions • Sep 16Executive VP & Chief Risk Officer recently sold €85k worth of stockOn the 14th of September, Tammy Mahoney sold around 8k shares on-market at roughly €10.58 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €568k more than they bought in the last 12 months.
Reported Earnings • Jul 28Second quarter 2021 earnings released: EPS US$0.41 (vs US$0.18 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: US$43.9m (up 54% from 2Q 2020). Net income: US$21.2m (up 128% from 2Q 2020). Profit margin: 48% (up from 33% in 2Q 2020). The increase in margin was driven by higher revenue.
Recent Insider Transactions • May 12Independent Director recently sold €47k worth of stockOn the 3rd of May, Jack Krouskup sold around 5k shares on-market at roughly €9.48 per share. In the last 3 months, there was an even bigger sale from another insider worth €304k. Insiders have been net sellers, collectively disposing of €516k more than they bought in the last 12 months.
Reported Earnings • Apr 30First quarter 2021 earnings released: EPS US$0.35 (vs US$0.14 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: US$41.5m (up 50% from 1Q 2020). Net income: US$18.4m (up 143% from 1Q 2020). Profit margin: 44% (up from 27% in 1Q 2020). The increase in margin was driven by higher revenue.
お知らせ • Apr 29Luther Burbank Corporation Declares Quarterly Cash Dividend, Payable on May 17, 2021On April 27, 2021, the Board of Directors of Luther Burbank Corporation declared a quarterly cash dividend of $0.0575 per common share. The dividend is payable on May 17, 2021 to shareholders of record as of May 7, 2021.
お知らせ • Mar 18Luther Burbank Corporation, Annual General Meeting, Apr 27, 2021Luther Burbank Corporation, Annual General Meeting, Apr 27, 2021, at 09:00 Pacific Standard Time. Location: 520 Third Street, 4th floor, Santa Rosa California United States Agenda: To consider the election of eight (8) director nominees named in this proxy statement, each for a term of one year expiring at the Company's 2022 annual meeting of stockholders; and to ratify the selection of Crowe LLP as the Company's independent registered public accounting firm for the year ending December 31, 2021.
Reported Earnings • Mar 13Full year 2020 earnings released: EPS US$0.75 (vs US$0.87 in FY 2019)The company reported a poor full year result with weaker earnings and profit margins, although revenues were flat. Full year 2020 results: Revenue: US$130.6m (flat on FY 2019). Net income: US$39.9m (down 18% from FY 2019). Profit margin: 31% (down from 37% in FY 2019). Net interest margin (NIM): 1.97% (up from 1.84% in FY 2019). Cost-to-income ratio: 52.4% (up from 46.9% in FY 2019). Non-performing loans: 0.11% (up from 0.10% in FY 2019).
Analyst Estimate Surprise Post Earnings • Mar 13Revenue beats expectationsRevenue exceeded analyst estimates by 0.5%. Over the next year, revenue is forecast to grow 22% compared to a 5.9% decline forecast for the Mortgage industry in Germany.
Recent Insider Transactions • Mar 11Executive VP recently sold €304k worth of stockOn the 10th of March, Liana Prieto sold around 30k shares on-market at roughly €10.12 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €423k more than they bought in the last 12 months.
Recent Insider Transactions • Mar 05Executive VP & Chief Risk Officer recently sold €106k worth of stockOn the 1st of March, Tammy Mahoney sold around 12k shares on-market at roughly €8.83 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €119k more than they bought in the last 12 months.
Is New 90 Day High Low • Feb 25New 90-day high: €8.69The company is up 2.0% from its price of €8.52 on 26 November 2020. The German market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Mortgage industry, which is up 4.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €10.64 per share.
Reported Earnings • Jan 30Full year 2020 earnings released: EPS US$0.75 (vs US$0.87 in FY 2019)The company reported a poor full year result with weaker earnings and profit margins, although revenues were flat. Full year 2020 results: Revenue: US$130.6m (flat on FY 2019). Net income: US$39.9m (down 18% from FY 2019). Profit margin: 31% (down from 37% in FY 2019). Net interest margin (NIM): 1.97% (up from 1.84% in FY 2019). Cost-to-income ratio: 67.2% (up from 46.9% in FY 2019). Non-performing loans: 0.10% (no change from 0.10% in FY 2019).
Analyst Estimate Surprise Post Earnings • Jan 30Revenue beats expectationsRevenue exceeded analyst estimates by 0.5%. Over the next year, revenue is forecast to grow 22%, compared to a 39% growth forecast for the Mortgage industry in Germany.
お知らせ • Jan 12Luther Burbank Corporation to Report Q4, 2020 Results on Jan 26, 2021Luther Burbank Corporation announced that they will report Q4, 2020 results After-Market on Jan 26, 2021
お知らせ • Dec 24Renu Agrawal Joins Luther Burbank Corporation and Luther Burbank Savings Board of Directors and Audit and Risk CommitteeLuther Burbank Corporation, the holding company for Luther Burbank Savings (the “Bank”), has announced that Renu Agrawal has been appointed to the Board of Directors of the Company and the Bank. Ms. Agrawal has also been appointed to the Company’s and the Bank’s Audit and Risk Committee of the Board of the Directors. Ms. Agrawal most recently served as Executive Vice President and Chief Operating Officer for Wells Fargo’s Financial Institutions Group. Ms. Agrawal holds a M.B.A. from MIT Sloan School of Management and a Ph.D. in Materials Science and Engineering from MIT. She graduated with a B.Tech in metallurgy from IIT, Kanpur.
Is New 90 Day High Low • Nov 11New 90-day high: €9.17The company is up 5.0% from its price of €8.77 on 12 August 2020. The German market is flat over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Mortgage industry, which is up 12% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €8.29 per share.
Reported Earnings • Nov 10Third quarter 2020 earnings released: EPS US$0.28The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: US$36.7m (up 7.7% from 3Q 2019). Net income: US$14.3m (up 12% from 3Q 2019). Profit margin: 39% (up from 37% in 3Q 2019). The increase in margin was driven by higher revenue.
Analyst Estimate Surprise Post Earnings • Nov 10Revenue beats expectationsRevenue exceeded analyst estimates by 3.0%. Over the next year, revenue is forecast to grow 21%, compared to a 45% growth forecast for the Mortgage industry in Germany.
Analyst Estimate Surprise Post Earnings • Oct 30Third-quarter earnings released: Revenue beats expectationsThird-quarter revenue exceeded analyst estimates by 3.0% at US$36.7m. Revenue is forecast to grow 19% over the next year, compared to a 47% growth forecast for the Mortgage industry in Germany.
Reported Earnings • Oct 30Third quarter earnings releasedOver the last 12 months the company has reported total profits of US$43.7m, down 7.1% from the prior year. Total revenue was US$125.9m over the last 12 months, down 4.2% from the prior year.
お知らせ • Oct 10Luther Burbank Corporation to Report Q3, 2020 Results on Oct 27, 2020Luther Burbank Corporation announced that they will report Q3, 2020 results at 5:00 PM, Eastern Standard Time on Oct 27, 2020
お知らせ • Jul 17Luther Burbank Corporation to Report Q2, 2020 Results on Jul 28, 2020Luther Burbank Corporation announced that they will report Q2, 2020 results at 5:00 PM, Eastern Standard Time on Jul 28, 2020