LBC
Luther Burbank Corporation [LBC] Stock Forecast
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LBC Stock Summary
In the News
WAFD Rewards its Shareholders With a 4% Dividend Increase
WAFD announces a quarterly dividend hike of 4% to 26 cents per share. Given the strong liquidity and balance sheet position, this looks sustainable.
WaFd (WAFD)-Luther Burbank (LBC) Merger Gets Regulatory Nod
The merger deal between WaFd (WAFD) and Luther Burbank (LBC) receives all necessary regulatory approvals. The transaction will close on Feb 29.
Should Value Investors Buy Luther Burbank (LBC) Stock?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Are Investors Undervaluing Luther Burbank (LBC) Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Washington Federal (WAFD) to Buy Luther (LBC), Enter California
Washington Federal (WAFD) is foraying into the "fast-growing" California market with a deal to acquire Luther Burbank (LBC) for $654 million.
Luther Burbank Corporation (LBC) Q3 2022 Earnings Call Transcript
Luther Burbank Corporation (NASDAQ:LBC ) Q3 2022 Earnings Conference Call October 26, 2022 11:00 AM ET Company Participants Simone Lagomarsino - CEO and President Laura Tarantino - EVP and CFO Conference Call Participants Woody Lay - KBW Adam Butler - Piper Sandler Gary Tenner - D.A. Davidson Operator Good morning, and welcome to the Luther Burbank Corporation Third Quarter 2022 Earnings Conference Call.
Luther Burbank (LBC) Tops Q3 Earnings and Revenue Estimates
Luther Burbank (LBC) delivered earnings and revenue surprises of 7.89% and 3.03%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?
Luther Burbank Corporation Announces Third Quarter 2022 Earnings Release and Conference Call Dates
SANTA ROSA, Calif., Oct. 07, 2022 (GLOBE NEWSWIRE) -- Luther Burbank Corporation (the “Company”) (NASDAQ: LBC), the holding company for Luther Burbank Savings (the “Bank”), announced today that it will release its financial results as of and for the quarter and nine months ended September 30, 2022 after the market closes on Tuesday, October 25, 2022.
Luther Burbank Corporation (LBC) CEO Simone Lagomarsino on Q2 2022 Results - Earnings Call Transcript
Luther Burbank Corporation (NASDAQ:LBC ) Q2 2022 Results Conference Call July 27, 2022 11:00 AM ET Company Participants Simone Lagomarsino - Chief Executive Officer, President & Director Laura Tarantino - Executive Vice President & Chief Financial Officer Conference Call Participants Matthew Clark - Piper Sandler Woody Lay - KBW Operator Good morning, and welcome to the Luther Burbank Corporation Second Quarter 2022 Earnings Conference Call. [Operator Instructions] Before we begin, the company would like to remind you that discussions during this call contain forward-looking statements that do not relate strictly to historical or current facts.
Luther Burbank (LBC) Tops Q2 Earnings and Revenue Estimates
Luther Burbank (LBC) delivered earnings and revenue surprises of 18.92% and 5.59%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
LBC Financial details
LBC Financial Performance
Yearly Fundamentals Overview
Last date of statement is 2022-12-31
| Metric | History | 2018-12-31 | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 |
|---|---|---|---|---|---|---|
| 2.02K | 2.02K | 2.02K | 2.02K | 2.02K | ||
| Revenue per share | 2.27 | 2.37 | 2.65 | 3.34 | 3.44 | |
| Net income per share | 0.79 | 0.87 | 0.75 | 1.7 | 1.54 | |
| Operating cash flow per share | 1.03 | 1.34 | 1.22 | 2.07 | 1.63 | |
| Free cash flow per share | 1.01 | 1.3 | 1.2 | 2.06 | 1.62 | |
| Cash per share | 12.48 | 12.71 | 14.52 | 15.22 | 15.27 | |
| Book value per share | 10.19 | 10.94 | 11.53 | 12.96 | 13.14 | |
| Tangible book value per share | 10.13 | 10.88 | 11.47 | 12.9 | 13.07 | |
| Share holders equity per share | 10.19 | 10.94 | 11.53 | 12.96 | 13.14 | |
| Interest debt per share | 24.55 | 23.6 | 26.7 | 20.64 | 33.84 | |
| Market cap | 514.48M | 647.55M | 521.52M | 724.74M | 577.3M | |
| Enterprise value | 1.72B | 1.69B | 1.31B | 1.49B | 1.76B | |
| P/E ratio | 11.42 | 13.25 | 13.07 | 8.26 | 7.2 | |
| Price to sales ratio | 3.98 | 4.87 | 3.69 | 4.21 | 3.23 | |
| POCF ratio | 8.73 | 8.63 | 8.02 | 6.79 | 6.8 | |
| PFCF ratio | 8.95 | 8.9 | 8.2 | 6.82 | 6.84 | |
| P/B Ratio | 0.89 | 1.05 | 0.85 | 1.08 | 0.85 | |
| PTB ratio | 0.89 | 1.05 | 0.85 | 1.08 | 0.85 | |
| EV to sales | 13.33 | 12.73 | 9.25 | 8.67 | 9.82 | |
| Enterprise value over EBITDA | 10.33 | 23.5 | 22 | 11.81 | 8.76 | |
| EV to operating cash flow | 29.21 | 22.58 | 20.09 | 14 | 20.68 | |
| EV to free cash flow | 29.96 | 23.29 | 20.53 | 14.06 | 20.81 | |
| Earnings yield | 0.09 | 0.08 | 0.08 | 0.12 | 0.14 | |
| Free cash flow yield | 0.11 | 0.11 | 0.12 | 0.15 | 0.15 | |
| Debt to equity | 2.24 | 1.93 | 2.15 | 1.51 | 2.45 | |
| Debt to assets | 0.19 | 0.17 | 0.19 | 0.14 | 0.21 | |
| Net debt to EBITDA | 7.24 | 14.52 | 13.22 | 6.08 | 5.88 | |
| Current ratio | 1.46K | 253.17 | 570.17 | 6.81K | 206.24 | |
| Interest coverage | 1.62 | 0.5 | 0.55 | 2.16 | 2.36 | |
| Income quality | 1.31 | 1.54 | 1.63 | 1.22 | 1.06 | |
| Dividend Yield | 0.03 | 0.02 | 0.02 | 0.03 | 0.04 | |
| Payout ratio | 0.35 | 0.27 | 0.31 | 0.21 | 0.31 | |
| Sales general and administrative to revenue | 0.34 | 0.31 | 0.35 | 0.26 | 0.22 | |
| Research and developement to revenue | 0 | 0 | 0 | 0 | 0 | |
| Intangibles to total assets | 0 | 0 | 0 | 0 | 0 | |
| Capex to operating cash flow | -0.03 | -0.03 | -0.02 | 0 | -0.01 | |
| Capex to revenue | -0.01 | -0.02 | -0.01 | 0 | 0 | |
| Capex to depreciation | -0.53 | -0.86 | -0.52 | -0.17 | -0.18 | |
| Stock based compensation to revenue | 0.03 | 0.02 | 0.03 | 0.01 | 0.02 | |
| Graham number | 13.46 | 14.63 | 13.95 | 22.27 | 21.36 | |
| ROIC | 0.06 | 0.03 | 0.02 | 0.05 | 0.06 | |
| Return on tangible assets | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | |
| Graham Net | -98.69 | -102.5 | -105.32 | -112.16 | -126.74 | |
| Working capital | 6.28B | 731.55M | 790M | 803.37M | 813.59M | |
| Tangible asset value | 577.85M | 611.17M | 610.39M | 665.84M | 679.24M | |
| Net current asset value | -74.96M | -5.7B | -5.5B | -5.71B | -6.47B | |
| Invested capital | 2.24 | 1.93 | 2.15 | 1.51 | 2.45 | |
| Average receivables | 17.56M | 20.52M | 19.8M | 18.28M | 21.03M | |
| Average payables | 3.04M | 3.6M | 2.14M | 753K | 2.04M | |
| Average inventory | 0 | -54.69M | -153.52M | -176.92M | -183.19M | |
| Days sales outstanding | 57.12 | 57.09 | 48.6 | 37.62 | 49.59 | |
| Days payables outstanding | 0 | 0 | 0 | 0 | 0 | |
| Days of inventory on hand | 0 | 0 | 0 | 0 | 0 | |
| Receivables turnover | 6.39 | 6.39 | 7.51 | 9.7 | 7.36 | |
| Payables turnover | 0 | 0 | 0 | 0 | 0 | |
| Inventory turnover | 0 | 0 | 0 | 0 | 0 | |
| ROE | 0.08 | 0.08 | 0.07 | 0.13 | 0.12 | |
| Capex per share | -0.03 | -0.04 | -0.03 | -0.01 | -0.01 |
Quarterly Fundamentals Overview
Last date of statement is 2023-09-30 for Q3
| Metric | History | 2022-09-30 | 2022-12-31 | 2023-03-31 | 2023-06-30 | 2023-09-30 |
|---|---|---|---|---|---|---|
| 2.02K | 2.02K | 2.02K | 2.02K | 2.02K | ||
| Revenue per share | 0.9 | 0.79 | 0.68 | 0.55 | 0.43 | |
| Net income per share | 0.41 | 0.27 | 0.26 | 0.14 | 0.04 | |
| Operating cash flow per share | 0.64 | 0.07 | 0.3 | 0.36 | 0.26 | |
| Free cash flow per share | 0.64 | 0.07 | 0.3 | 0.36 | 0.26 | |
| Cash per share | 17.63 | 15.65 | 21.48 | 25.58 | 23.4 | |
| Book value per share | 13.3 | 13.46 | 13.47 | 14.15 | 14.58 | |
| Tangible book value per share | 13.23 | 13.4 | 13.4 | 134.06 | 137.33 | |
| Share holders equity per share | 13.3 | 13.46 | 13.47 | 14.15 | 14.58 | |
| Interest debt per share | 31.13 | 33.8 | 45.67 | 40.97 | 40.46 | |
| Market cap | 591.38M | 563.28M | 490.12M | 440.71M | 400.47M | |
| Enterprise value | 1.69B | 1.74B | 1.83B | 1.47B | 1.4B | |
| P/E ratio | 7.04 | 10.29 | 9.12 | 15.93 | 52.5 | |
| Price to sales ratio | 12.93 | 14 | 13.92 | 16.2 | 19.45 | |
| POCF ratio | 18.09 | 149.85 | 31.1 | 24.65 | 32.35 | |
| PFCF ratio | 18.14 | 158.05 | 31.75 | 24.99 | 32.49 | |
| P/B Ratio | 0.87 | 0.83 | 0.7 | 0.63 | 0.58 | |
| PTB ratio | 0.87 | 0.83 | 0.7 | 0.63 | 0.58 | |
| EV to sales | 37.01 | 43.29 | 52 | 54.19 | 68.18 | |
| Enterprise value over EBITDA | 32.41 | 29.41 | 26.74 | 149.03 | 548.7 | |
| EV to operating cash flow | 51.77 | 463.47 | 116.22 | 82.5 | 113.43 | |
| EV to free cash flow | 51.93 | 488.82 | 118.64 | 83.62 | 113.92 | |
| Earnings yield | 0.04 | 0.02 | 0.03 | 0.02 | 0 | |
| Free cash flow yield | 0.06 | 0.01 | 0.03 | 0.04 | 0.03 | |
| Debt to equity | 2.31 | 2.45 | 3.32 | 2.8 | 2.68 | |
| Debt to assets | 0.2 | 0.21 | 0.28 | 0.23 | 0.23 | |
| Net debt to EBITDA | 21.09 | 19.9 | 19.59 | 104.5 | 392.21 | |
| Current ratio | 966.47 | 206.24 | 149.44 | 119.61 | 102.85 | |
| Interest coverage | 2.38 | 1.51 | 1.37 | 0.15 | 0.04 | |
| Income quality | 1.56 | 0.27 | 1.17 | 2.58 | 6.49 | |
| Dividend Yield | 0.01 | 0.01 | 0 | 0 | 0 | |
| Payout ratio | 0.29 | 0.45 | 0 | 0 | 0 | |
| Sales general and administrative to revenue | 0.23 | 0.24 | 0.01 | 0.02 | 0.03 | |
| Research and developement to revenue | 0 | 0 | 0 | 0 | 0 | |
| Intangibles to total assets | 0 | 0 | 0 | 0 | 0 | |
| Capex to operating cash flow | 0 | -0.05 | -0.02 | -0.01 | 0 | |
| Capex to revenue | 0 | 0 | -0.01 | -0.01 | 0 | |
| Capex to depreciation | -0.12 | -0.25 | -0.49 | -0.65 | -0.14 | |
| Stock based compensation to revenue | 0.02 | 0.02 | 0.01 | 0.02 | 0.02 | |
| Graham number | 11.11 | 9.04 | 8.88 | 6.68 | 3.62 | |
| ROIC | 0.02 | 0.02 | 0.02 | 0 | 0 | |
| Return on tangible assets | 0 | 0 | 0 | 0 | 0 | |
| Graham Net | -127.14 | -129.9 | -96.97 | 18.13 | 19.56 | |
| Working capital | 917.19M | 813.59M | 1.1B | 1.25B | 1.1B | |
| Tangible asset value | 673.37M | 679.24M | 692.86M | 6.62B | 6.55B | |
| Net current asset value | -6.33B | -6.47B | -6.5B | -469.71M | -467.73M | |
| Invested capital | 2.31 | 2.45 | 3.32 | 2.8 | 2.68 | |
| Average receivables | 20.15M | 22.66M | 3.52B | 6.96B | 6.86B | |
| Average payables | 613K | 2.46M | 5.7M | 9M | 10.71M | |
| Average inventory | -138.83M | -243.94M | -3.88B | -7.59B | -7.53B | |
| Days sales outstanding | 41.34 | 54.36 | 17.92K | 22.85K | 29.77K | |
| Days payables outstanding | 0 | 0 | 0 | 0 | 0 | |
| Days of inventory on hand | 0 | 0 | 0 | 0 | 0 | |
| Receivables turnover | 2.18 | 1.66 | 0.01 | 0 | 0 | |
| Payables turnover | 0 | 0 | 0 | 0 | 0 | |
| Inventory turnover | 0 | 0 | 0 | 0 | 0 | |
| ROE | 0.03 | 0.02 | 0.02 | 0.01 | 0 | |
| Capex per share | 0 | 0 | -0.01 | 0 | 0 |
LBC Frequently Asked Questions
What is Luther Burbank Corporation stock symbol ?
Luther Burbank Corporation is a US stock , located in Santa rosa of Ca and trading under the symbol LBC
What is Luther Burbank Corporation stock quote today ?
Luther Burbank Corporation stock price is $9.15 today.
Is Luther Burbank Corporation stock public?
Yes, Luther Burbank Corporation is a publicly traded company.
Company Profile
- Volume Average 36.57K
- Market Capitalization 466.8M
- Employee 256
- CEO Ms. Simone F. Lagomarsino
- Headquarters Santa Rosa,CA,US
- IPO Date 2017-12-08
-
Website
https://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. As of December 31, 2021, it operated ten full service branches in California located in Sonoma, Marin, Santa Clara, and Los Angeles Counties; one full service branch in Washington located in King County; six loan production offices located throughout California; and a loan production office in Clackamas County, Oregon. Luther Burbank Corporation was founded in 1983 and is headquartered in Santa Rosa, California.
