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Luther Burbank NasdaqGS:LBC Stock Report

Last Price

US$9.15

Market Cap

US$466.8m

7D

-1.6%

1Y

-20.0%

Updated

01 Mar, 2024

Data

Company Financials +

Luther Burbank Corporation

NasdaqGS:LBC Stock Report

Market Cap: US$466.8m

LBC Stock Overview

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.

LBC fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance2/6
Financial Health6/6
Dividends0/6

Luther Burbank Corporation Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Luther Burbank
Historical stock prices
Current Share PriceUS$9.15
52 Week HighUS$11.77
52 Week LowUS$7.73
Beta0.70
1 Month Change-4.69%
3 Month Change0.33%
1 Year Change-20.02%
3 Year Change-20.23%
5 Year Change-9.14%
Change since IPO-22.13%

Recent News & Updates

Recent updates

Luther Burbank goes ex dividend tomorrow

Aug 03

Luther Burbank (NASDAQ:LBC) Is Due To Pay A Dividend Of $0.12

Jul 30
Luther Burbank (NASDAQ:LBC) Is Due To Pay A Dividend Of $0.12

Luther Burbank's (NASDAQ:LBC) Shareholders Will Receive A Bigger Dividend Than Last Year

Oct 30
Luther Burbank's (NASDAQ:LBC) Shareholders Will Receive A Bigger Dividend Than Last Year

Is Now The Time To Put Luther Burbank (NASDAQ:LBC) On Your Watchlist?

Oct 29
Is Now The Time To Put Luther Burbank (NASDAQ:LBC) On Your Watchlist?

Luther Burbank (NASDAQ:LBC) Is Increasing Its Dividend To US$0.12

Aug 03
Luther Burbank (NASDAQ:LBC) Is Increasing Its Dividend To US$0.12

Luther Burbank Corporation 2021 Q1 - Results - Earnings Call Presentation

Apr 30

Don't Ignore The Fact That This Insider Just Sold Some Shares In Luther Burbank Corporation (NASDAQ:LBC)

Mar 04
Don't Ignore The Fact That This Insider Just Sold Some Shares In Luther Burbank Corporation (NASDAQ:LBC)

Just Three Days Till Luther Burbank Corporation (NASDAQ:LBC) Will Be Trading Ex-Dividend

Jan 31
Just Three Days Till Luther Burbank Corporation (NASDAQ:LBC) Will Be Trading Ex-Dividend

Luther Burbank Corporation 2020 Q4 - Results - Earnings Call Presentation

Jan 29

Should You Or Shouldn't You: A Dividend Analysis on Luther Burbank Corporation (NASDAQ:LBC)

Jan 11
Should You Or Shouldn't You: A Dividend Analysis on Luther Burbank Corporation (NASDAQ:LBC)

Who Has Been Selling Luther Burbank Corporation (NASDAQ:LBC) Shares?

Dec 07
Who Has Been Selling Luther Burbank Corporation (NASDAQ:LBC) Shares?

Luther Burbank Corporation 2020 Q3 - Results - Earnings Call Presentation

Nov 02

Shareholder Returns

LBCUS BanksUS Market
7D-1.6%1.9%-3.2%
1Y-20.0%25.1%19.3%

Return vs Industry: LBC underperformed the US Banks industry which returned 7.5% over the past year.

Return vs Market: LBC underperformed the US Market which returned 24.9% over the past year.

Price Volatility

Is LBC's price volatile compared to industry and market?
LBC volatility
LBC Average Weekly Movement4.9%
Banks Industry Average Movement4.5%
Market Average Movement6.0%
10% most volatile stocks in US Market16.5%
10% least volatile stocks in US Market3.0%

Stable Share Price: LBC has not had significant price volatility in the past 3 months.

Volatility Over Time: LBC's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1983256Simone Lagomarsinowww.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.

Luther Burbank Corporation Fundamentals Summary

How do Luther Burbank's earnings and revenue compare to its market cap?
LBC fundamental statistics
Market capUS$466.81m
Earnings (TTM)US$35.96m
Revenue (TTM)US$119.20m

13.0x

P/E Ratio

0.7x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
LBC income statement (TTM)
RevenueUS$119.20m
Cost of RevenueUS$0
Gross ProfitUS$119.20m
Other ExpensesUS$83.25m
EarningsUS$35.96m

Last Reported Earnings

Sep 30, 2023

Next Earnings Date

n/a

Earnings per share (EPS)0.70
Gross Margin100.00%
Net Profit Margin30.16%
Debt/Equity Ratio227.8%

How did LBC perform over the long term?

See historical performance and comparison
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