Luther Burbank Balance Sheet Health
Financial Health criteria checks 6/6
Luther Burbank has total assets of $8.1B and total equity of $695.0M. Total deposits are $5.8B, and total loans are $6.8B. It earns a Net Interest Margin of 2.4%. It has sufficient allowance for bad loans, which are currently at 0.1% of total loans. Cash and short-term investments are $612.5M.
Key information
11.7x
Asset to equity ratio
2.4%
Net interest margin
| Total deposits | US$5.76b |
| Loan to deposit ratio | Appropriate |
| Bad loans | 0.1% |
| Allowance for bad loans | Sufficient |
| Current ratio | Low |
| Cash & equivalents | US$612.55m |
Recent financial health updates
Recent updates
Luther Burbank goes ex dividend tomorrow
Aug 03Luther Burbank (NASDAQ:LBC) Is Due To Pay A Dividend Of $0.12
Jul 30
Luther Burbank's (NASDAQ:LBC) Shareholders Will Receive A Bigger Dividend Than Last Year
Oct 30Is Now The Time To Put Luther Burbank (NASDAQ:LBC) On Your Watchlist?
Oct 29Luther Burbank (NASDAQ:LBC) Is Increasing Its Dividend To US$0.12
Aug 03Luther Burbank Corporation 2021 Q1 - Results - Earnings Call Presentation
Apr 30Don't Ignore The Fact That This Insider Just Sold Some Shares In Luther Burbank Corporation (NASDAQ:LBC)
Mar 04Just Three Days Till Luther Burbank Corporation (NASDAQ:LBC) Will Be Trading Ex-Dividend
Jan 31
Luther Burbank Corporation 2020 Q4 - Results - Earnings Call Presentation
Jan 29Should You Or Shouldn't You: A Dividend Analysis on Luther Burbank Corporation (NASDAQ:LBC)
Jan 11Who Has Been Selling Luther Burbank Corporation (NASDAQ:LBC) Shares?
Dec 07Luther Burbank Corporation 2020 Q3 - Results - Earnings Call Presentation
Nov 02Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: LBC's Assets to Equity ratio (11.7x) is moderate.
Allowance for Bad Loans: LBC has a sufficient allowance for bad loans (602%).
Low Risk Liabilities: 77% of LBC's liabilities are made up of primarily low risk sources of funding.
Loan Level: LBC has an appropriate level of Loans to Assets ratio (83%).
Low Risk Deposits: LBC's Loans to Deposits ratio (118%) is appropriate.
Level of Bad Loans: LBC has an appropriate level of bad loans (0.1%).