Luther Burbank (LBC) Stock Price, News & Analysis

Company 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. 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.

Key Stats

• Today's Range: $9.06 to $9.34
• 50-Day Range: $9.02 to $9.72
• 52-Week Range: $7.73 to $11.77
• Volume: 325,900 shs
• Average Volume: 35,951 shs
• Market Capitalization: $466.81 million
• P/E Ratio: 12.89
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

LBC Stock Analysis - Frequently Asked Questions

How were Luther Burbank's earnings last quarter?

Luther Burbank Co. (NASDAQ:LBC) released its quarterly earnings data on Monday, October, 25th. The company reported $0.48 EPS for the quarter, beating the consensus estimate of $0.41 by $0.07. The business earned $45.55 million during the quarter, compared to analyst estimates of $43.50 million. Luther Burbank had a net margin of 10.43% and a trailing twelve-month return on equity of 5.19%.

When did Luther Burbank IPO?

Luther Burbank (LBC) raised $131 million in an initial public offering (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 served as the underwriters for the IPO and D.A. Davidson & Co. was co-manager.

What other stocks do shareholders of Luther Burbank own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Luther Burbank investors own include Tesla (TSLA), JPMorgan Chase & Co. (JPM), NVIDIA (NVDA), Advanced Micro Devices (AMD), Meta Platforms (META), Netflix (NFLX) and Visa (V).

Company Calendar

• Last Earnings: 10/25/2021
• Today: 3/31/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: State commercial banks
• Sub-Industry: N/A
• Current Symbol: NASDAQ:LBC
• CIK: 1475348
• Web: www.lutherburbanksavings.com
• Phone: (844) 446-8201
• Fax: N/A
• Employees: 256
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): $0.71
• Trailing P/E Ratio: 12.89
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $80.20 million
• Net Margins: 10.43%
• Pretax Margin: 14.88%
• Return on Equity: 5.19%
• Return on Assets: 0.44%

Debt

• Debt-to-Equity Ratio: 2.28
• Current Ratio: 1.28
• Quick Ratio: 1.28

Sales & Book Value

• Annual Sales: $123.27 million
• Price / Sales: 3.79
• Cash Flow: $1.88 per share
• Price / Cash Flow: 4.86
• Book Value: $13.36 per share
• Price / Book: 0.68

Miscellaneous

• Outstanding Shares: 51,017,000
• Free Float: 39,191,000
• Market Cap: $466.81 million
• Optionable: Not Optionable
• Beta: 0.69