$LBC News

Last published 2y ago

2y agoLBC WAFDWaFd, Inc. Receives Regulatory Approval for Acquisition of Luther Burbank CorporationGlobeNewswireSEATTLE, Jan. 30, 2024 (GLOBE NEWSWIRE) -- WaFd, Inc. (NASDAQ:WAFD), the parent company of Washington Federal Bank ("WaFd Bank"), and Luther Burbank Corporation (NASDAQ:LBC, "Luther Burbank")), the parent company of
2y agoLBC WAFDWaFd, Inc. Receives Regulatory Approval for Acquisition of Luther Burbank CorporationBusiness WireWaFd, Inc. (NASDAQ:WAFD), the parent company of Washington Federal Bank ("WaFd Bank"), and Luther Burbank Corporation (NASDAQ:LBC, "Luther Burbank")), the parent company of Luther Burbank Savings, jointly announced
2y agoARIS LBC MOSeasoned Financial Expert Max Yzaguirre Named Strategic Advisor of FireFly Automatix, Leader in AV and EV-Driven Professional Turfgrass Mowing TechnologyBusiness Wire-Yzaguirre joins a list of seasoned professionals on FireFly's team with specific expertise in initiating and growing businesses in evolving market conditions- FireFly Automatix, Inc., the de facto industry leader in
3y agoLBCLuther Burbank Corporation Reports Earnings for the Quarter and Nine Months Ended September 30, 2023GlobeNewswireThird Quarter 2023 Highlights Net income of $1.9 million and $22.3 million, or $0.04 and $0.44 per diluted share, for the quarter and nine months ended September 30, 2023, respectivelyNet interest margin of 0.97%Return
3y agoLBCLuther Burbank Corporation Reports Earnings for the Quarter and Six Months Ended June 30, 2023GlobeNewswireSecond Quarter 2023 Highlights Net income of $6.9 million, or $0.14 per diluted shareNet interest margin of 1.27%Return on average assets and equity of 0.33% and 3.94%, respectivelyNoninterest expense to average assets
3y agoLBC WAFDWashington Federal, Inc. and Luther Burbank Corporation Announce Receipt of Shareholder Approval for MergerGlobeNewswireSANTA ROSA, Calif., May 05, 2023 (GLOBE NEWSWIRE) -- Washington Federal, Inc. (NASDAQ:WAFD, "Washington Federal")), the parent company of Washington Federal Bank ("WaFd Bank"), and Luther Burbank Corporation
3y agoLBC WAFDWashington Federal, Inc. and Luther Burbank Corporation Announce Receipt of Shareholder Approval for MergerBusiness WireWashington Federal, Inc. (NASDAQ:WAFD) ("Washington Federal"), the parent company of Washington Federal Bank ("WaFd Bank"), and Luther Burbank Corporation (NASDAQ:LBC) ("Luther Burbank"), the parent company of Luther
3y agoLBCLuther Burbank Corporation Reports Earnings for the Quarter Ended March 31, 2023GlobeNewswireFirst Quarter 2023 Highlights Net income of $13.4 million, or $0.26 per diluted shareNet interest margin of 1.72%Return on average assets and equity of 0.67% and 7.78%, respectivelyNoninterest expense to average assets
3y agoLBCLuther Burbank Corporation Reports Earnings for the Quarter and Year Ended December 31, 2022GlobeNewswireFourth Quarter 2022 Highlights Net income of $13.7 million, or $0.27 per diluted shareNet interest margin of 2.01%Return on average assets and equity of 0.69% and 8.04%, respectivelyNoninterest expense to average assets
3y agoLBC WAFDWashington Federal Announces Record Quarterly Earnings Per Share Of $1.16Business WireWashington Federal, Inc. (NASDAQ:WAFD) (the "Company"), parent company of Washington Federal Bank ("WaFd Bank"), today announced quarterly earnings of $79,509,000 for the quarter ended December 31, 2022,
3y agoLBC WAFDWashington Federal, Inc. and Luther Burbank Corporation Announce Definitive Merger Agreement to Form a $29 Billion Asset Western US BankGlobeNewswireSANTA ROSA, Calif., Nov. 13, 2022 (GLOBE NEWSWIRE) -- Washington Federal, Inc. (NASDAQ:WAFD, "Washington Federal")) and Luther Burbank Corporation (NASDAQ:LBC, "Luther Burbank")) jointly announced today the signing of
3y agoLBC WAFDWashington Federal, Inc. and Luther Burbank Corporation Announce Definitive Merger Agreement to Form a $29 Billion Asset Western US BankBusiness WireWashington Federal, Inc. (NASDAQ:WAFD, "Washington Federal")) and Luther Burbank Corporation (NASDAQ:LBC, "Luther Burbank")) jointly announced today the signing of a definitive merger agreement ("Merger Agreement")
4y agoLBCLuther Burbank Corporation Reports Earnings for the Quarter and Nine Months Ended September 30, 2022 and Announces Quarterly DividendGlobeNewswireThird Quarter 2022 Highlights Net income of $21.0 million, or $0.41 per diluted shareNet interest margin of 2.42%Return on average assets and equity of 1.10% and 12.33%, respectivelyEfficiency ratio of 33.6% (1)Loan
4y agoLBCLuther Burbank Corporation Announces Third Quarter 2022 Earnings Release and Conference Call DatesGlobeNewswireSANTA 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
4y agoLBCLuther Burbank Corporation Reports Earnings for the Quarter and Six Months Ended June 30, 2022 and Announces Quarterly DividendGlobeNewswireSecond Quarter 2022 Highlights Net income of $22.6 million, or $0.44 per diluted share Net interest margin of 2.62% Return on average assets and equity of 1.23% and 13.41%, respectively Loan yields increased 9 basis points to 3.50% Cost of interes
4y agoLBCLuther Burbank Corporation Announces Second Quarter 2022 Earnings Release and Conference Call DatesGlobeNewswireSANTA ROSA, Calif., July 08, 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 qua
4y agoLBCLuther Burbank Corporation Reports Earnings for the Quarter Ended March 31, 2022 and Announces Quarterly DividendGlobeNewswireFirst Quarter 2022 Highlights Net income of $22.9 million, or $0.45 per diluted share Net interest margin of 2.54% Return on average assets and equity of 1.28% and 13.60%, respectively Cost of interest bearing deposits declined by 3 basis po
4y agoLBCLuther Burbank Corporation Announces First Quarter 2022 Earnings Release and Conference Call DatesGlobeNewswireSANTA ROSA, Calif., April 08, 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 qu
4y agoLBCLuther Burbank Savings Board Member Anita Gentle Newcomb Receives Lifetime Achievement Award from Auburn Alumni AssociationGlobeNewswireSANTA ROSA, Calif., March 07, 2022 (GLOBE NEWSWIRE) -- Luther Burbank Corporation (the "Company") (NASDAQ:LBC), the holding company for Luther Burbank Savings (the "Bank"), announces member of the Luther Burbank Corporation Board of Directors, Anita Ge
4y agoLBCLuther Burbank Corporation Reports Earnings for the Quarter and Year Ended December 31, 2021 and Announces Quarterly DividendGlobeNewswireFourth Quarter 2021 Highlights Net income of $23.4 million, or $0.45 per diluted share Net interest margin of 2.57% compared to 2.47%, an increase of 10 basis points Return on average assets and equity of 1.30% and 14.08%, respectively Cost of
4y agoLBCLuther Burbank Corporation Announces Fourth Quarter 2021 Earnings Release and Conference Call DatesGlobeNewswireSANTA ROSA, Calif., Jan. 10, 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 qua
5y agoARIS LBCLuther Burbank Corporation Names Yzaguirre to Board of DirectorsGlobeNewswireSANTA ROSA, Calif., Oct. 28, 2021 (GLOBE NEWSWIRE) -- Luther Burbank Corporation (NASDAQ:LBC), the holding company for Luther Burbank Savings ("the Bank"), today announced that Mr. M. Max Yzaguirre has been appointed to the Luther Burbank Corporation a
5y agoLBCLuther Burbank Corporation Reports Earnings for the Quarter and Nine Months Ended September 30, 2021 and Announces Quarterly DividendGlobeNewswireThird Quarter 2021 Highlights Net income of $24.7 million, or $0.48 per diluted share Net interest margin of 2.47% compared to 2.31%, an increase of 16 basis points Return on average assets and equity of 1.34% and 15.24%, respectively Cost of inter
5y agoLBCLuther Burbank Corporation Announces Third Quarter 2021 Earnings Release and Conference Call DatesGlobeNewswireSANTA ROSA, Calif., Oct. 08, 2021 (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 qua
5y agoLBCLuther Burbank Savings Secures a $25,000 AHEAD Grant to Assist Seniors in Maintaining Their HomesGlobeNewswireSANTA ROSA, Calif., Sept. 20, 2021 (GLOBE NEWSWIRE) -- Luther Burbank Corporation (NASDAQ:LBC), the holding company for Luther Burbank Savings, announced this week that it was awarded a $25,000 grant by FHLBank San Francisco (FHLBank) to benefit organi
5y agoLBCLuther Burbank Corporation Reports Earnings for the Quarter and Six Months Ended June 30, 2021 and Announces Increase in Quarterly DividendGlobeNewswireSecond Quarter 2021 Highlights Net income of $21.2 million, or $0.41 per diluted share Net interest margin of 2.31% compared to 2.23%, an increase of 8 basis points Return on average assets and equity of 1.19% and 13.32%, respectively Cost
5y agoLBCLuther Burbank Corporation Announces Second Quarter 2021 Earnings Release and Conference Call DatesGlobeNewswireSANTA ROSA, Calif., July 09, 2021 (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 qua
5y agoLBCLuther Burbank Corp. to Host Earnings CallACCESS NewswireNEW YORK, NY / ACCESSWIRE / April 28, 2021 / Luther Burbank Corp. (NASDAQ:LBC) will be discussing their earnings results in their 2021 First Quarter Earnings call to be held on April 28, 2021 at 11:00 AM Eastern Time. To listen to the event live or acce
5y agoLBCLuther Burbank Corporation Reports Earnings and Announces Quarterly Dividend for the Quarter Ended March 31, 2021GlobeNewswireFirst Quarter 2021 Highlights Net income of $18.4 million, or $0.35 per diluted share Net interest margin of 2.23% compared to 2.13%, an increase of 10 basis points Return on average assets and equity of 1.05% and 11.82%, respectively Efficiency ra
5y agoLBCLuther Burbank Corporation Announces First Quarter 2021 Earnings Release and Conference Call DatesGlobeNewswireSANTA ROSA, Calif., April 09, 2021 (GLOBE NEWSWIRE) -- Luther Burbank Corporation (the “Company”) (NASDAQ: LBC), the holding company for Luther Burbank Savings (the “Bank”), announced today that it...
5y agoLBCLuther Burbank Corporation's (LBC) CEO Simone Lagomarsino on Q4 2020 Results - Earnings Call TranscriptEarnings Call Transcripts
5y agoLBCLuther Burbank Corporation Reports Earnings for the Quarter and Year Ended December 31, 2020GlobeNewswireFourth Quarter 2020 Highlights Net income of $8.7 million, or $0.17 per diluted share for the quarterNet interest margin of 2.13% compared to 2.03% for Q3 2020Loan production of $385.2 million during...
5y agoLBCLuther Burbank Corporation Announces Fourth Quarter 2020 Earnings Release and Conference Call DatesGlobeNewswireSANTA ROSA, Calif., Jan. 11, 2021 (GLOBE NEWSWIRE) -- Luther Burbank Corporation (the “Company”) (NASDAQ: LBC), the holding company for Luther Burbank Savings (the “Bank”), announced today that it...
5y agoLBCRenu Agrawal Joins Luther Burbank Corporation Board of DirectorsGlobeNewswireSANTA ROSA, Calif., Dec. 22, 2020 (GLOBE NEWSWIRE) -- Luther Burbank Corporation (the “Company”) (NASDAQ: LBC), the holding company for Luther Burbank Savings (the “Bank”), has announced that Renu...
6y agoLBCLuther Burbank Corporation Reports Earnings for the Quarter and Nine Months Ended September 30, 2020GlobeNewswireThird Quarter 2020 Highlights Net income of $14.3 million, or $0.27 per diluted share for the quarterNet interest margin of 2.03% compared to 1.88% for Q2 2020Loan production of...
6y agoLBCLuther Burbank Corporation Announces Third Quarter 2020 Earnings Release and Conference Call DatesGlobeNewswireSANTA ROSA, Calif., Oct. 09, 2020 (GLOBE NEWSWIRE) -- Luther Burbank Corporation (the “Company”) (NASDAQ: LBC), the holding company for Luther Burbank Savings (the “Bank”), announced today that it...
6y agoLBCLuther Burbank Savings Secures $55,000 in AHEAD Grants to Benefit Pandemic Relief ProjectsGlobeNewswireSANTA ROSA, Calif., Sept. 25, 2020 (GLOBE NEWSWIRE) -- Luther Burbank Corporation (“the Company”) (NASDAQ: LBC), the holding company for Luther Burbank Savings (the “Bank”), announced this week that...
6y agoLBCLuther Burbank Corporation Reports Earnings for the Quarter and Six Months Ended June 30, 2020GlobeNewswireQuarterly Cash Dividend of $0.0575 Per Common Share Declared Second Quarter 2020 Summary Net income of $9.3 million, or $0.18 per diluted shareLoan production of $487.9 million;...
6y agoLBCLuther Burbank Corporation Announces Second Quarter 2020 Earnings Release and Conference Call DatesGlobeNewswireSANTA ROSA, Calif., July 10, 2020 (GLOBE NEWSWIRE) -- Luther Burbank Corporation (the “Company”) (NASDAQ: LBC), the holding company for Luther Burbank Savings (the “Bank”), announced today that it...
6y agoLBCLuther Burbank Corporation Reports Earnings for the Quarter Ended March 31, 2020GlobeNewswireSANTA ROSA, Calif. , May 04, 2020 (GLOBE NEWSWIRE) -- Luther Burbank Corporation (NASDAQ: LBC) (the “Company”), the holding company for Luther Burbank Savings (the “Bank”), today reported net income...
6y agoLBCLUTHER BURBANK CORPORATION ANNOUNCES FIRST QUARTER 2020 EARNINGS RELEASE AND CONFERENCE CALL DATESGlobeNewswireSANTA ROSA, Calif., April 10, 2020 (GLOBE NEWSWIRE) -- Luther Burbank Corporation (the “Company”) (NASDAQ: LBC), the holding company for Luther Burbank Savings (the “Bank”), announced today that it...
6y agoLBCLuther Burbank Corporation Reports Earnings for the Quarter and Year Ended December 31, 2019GlobeNewswireSANTA ROSA, Calif., Jan. 28, 2020 (GLOBE NEWSWIRE) -- Luther Burbank Corporation (NASDAQ: LBC) (the “Company”), the holding company for Luther Burbank Savings (the “Bank”), today reported net income...
6y agoLBCLuther Burbank Corporation Announces Fourth Quarter 2019 Earnings Release and Conference Call DatesGlobeNewswireSANTA ROSA, Calif., Jan. 10, 2020 (GLOBE NEWSWIRE) -- Luther Burbank Corporation (the “Company”) (NASDAQ: LBC), the holding company for Luther Burbank Savings (the “Bank”), announced today that it...
7y agoLBCLuther Burbank Corporation Reports Earnings for the Quarter and Nine Months Ended September 30, 2019GlobeNewswireSANTA ROSA, Calif., Oct. 23, 2019 (GLOBE NEWSWIRE) -- Luther Burbank Corporation (NASDAQ: LBC) (the “Company”), the holding company for Luther Burbank Savings (the “Bank”), today reported net income...
7y agoLBCLuther Burbank Corporation Announces Third Quarter 2019 Earnings Release and Conference Call DatesGlobeNewswireSANTA ROSA, Calif., Oct. 03, 2019 (GLOBE NEWSWIRE) -- Luther Burbank Corporation (the “Company”) (NASDAQ: LBC), the holding company for Luther Burbank Savings (the “Bank”), announced today that it...
7y agoLBCLuther Burbank Savings Secures $200,000 Grant to Benefit Sonoma County Community Development CommissionGlobeNewswireSANTA ROSA, Calif., Sept. 25, 2019 (GLOBE NEWSWIRE) -- Luther Burbank Corporation (“the Company”) (NASDAQ: LBC), the holding company for Luther Burbank Savings (the “Bank”), announced this week that...
7y agoLBCLuther Burbank Corporation (LBC) CEO Simone Lagomarsino on Q2 2019 Results - Earnings Call TranscriptEarnings Call Transcripts