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Luther Burbank Corporation Stock Price

NasdaqGS:LBC Community·US$466.8m Market Cap
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LBC Share Price Performance

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Price US$0

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Snowflake Analysis

Flawless balance sheet and fair value.

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Luther Burbank Corporation Key Details

US$119.2m

Revenue

US$0

Cost of Revenue

US$119.2m

Gross Profit

US$83.2m

Other Expenses

US$36.0m

Earnings

Last Reported Earnings
Sep 30, 2023
Next Reporting Earnings
n/a
0.70
100.00%
30.16%
227.8%
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About LBC

Founded
1983
Employees
256
CEO
Simone Lagomarsino
WebsiteView website
www.lutherburbanksavings.com

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. Luther Burbank Corporation was founded in 1983 and is headquartered in Santa Rosa, California.

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