LBC - ル―サ―・バ―バンク （Luther Burbank Corporation）

WaFd''s acquisition of the 11-branch bank chain was first announced in November and was expected to close this quarter.

Washington Federal is acquiring Luther Burbank Corporation, a small market-cap bank. Click here to find out more on the LBC-WAFD deal.

Luther Burbank press release (NASDAQ:LBC): Q1 GAAP EPS of $0.26 beats by $0.04.Revenue of $36M (-20.2% Y/Y).

SANTA ROSA, Calif., April 25, 2023 (GLOBE NEWSWIRE) -- Luther Burbank Corporation (NASDAQ: LBC) (the “Company”), the holding company for Luther Burbank Savings (the “Bank”), today reported net income of $13.4 million, or $0.26 diluted earnings per common share (“EPS”), for the quarter ended March 31, 2023.

Luther Burbank Corporation - Consensus Indicates Potential 33.3% Upside

WaFd''s acquisition of the 11-branch bank chain was first announced in November and was expected to close this quarter.

Washington Federal is acquiring Luther Burbank Corporation, a small market-cap bank. Click here to find out more on the LBC-WAFD deal.

Luther Burbank press release (NASDAQ:LBC): Q1 GAAP EPS of $0.26 beats by $0.04.Revenue of $36M (-20.2% Y/Y).

SANTA ROSA, Calif., April 25, 2023 (GLOBE NEWSWIRE) -- Luther Burbank Corporation (NASDAQ: LBC) (the “Company”), the holding company for Luther Burbank Savings (the “Bank”), today reported net income of $13.4 million, or $0.26 diluted earnings per common share (“EPS”), for the quarter ended March 31, 2023.

Luther Burbank Corporation - Consensus Indicates Potential 33.3% Upside

Luther Burbank Corporation - Consensus Indicates Potential 33.3% Upside

NEW YORK, Jan. 29, 2023 (GLOBE NEWSWIRE) -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to: Limestone Bancorp, Inc. (NASDAQ: LMST )''s sale to Peoples Bancorp Inc. for 0.90 shares of Peoples common stock for each share of Limestone common stock. If you are a Limestone shareholder, click here to learn more about your rights and options . Luther Burbank Corporation (NASDAQ: LBC )''s sale to Washington Federal, Inc. for … Full story available on Benzinga.com

Luther Burbank Corporation found using ticker (LBC) now have 2 analysts covering the stock. The analyst consensus points to a rating of ''Buy''. The target price ranges between 16 and 15 calculating the mean target price we have 15.5. With the stocks previous close at 11.24 this would imply there is a potential upside of 37.9%. The 50 day moving average now sits at 11.47 and the 200 day MA is 12.51. The market capitalisation for the company is $579m. Visit the company website at: https://www.lutherburbanksavings.com [stock_market_widget type="chart" template="basic" color="green" assets="LBC" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $799m based on the market concensus. 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.

Luther Burbank press release (LBC): Q4 GAAP EPS of $0.27.Revenue of $40.24M (-13.2% Y/Y).Net interest margin of 2.01%Return on average assets and equity of 0.69% and…

Luther Burbank Corporation Misses Q4 EPS by 7c