Luther Burbank

NASDAQ LBC

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Luther Burbank Days Sales Outstanding (DSO) 3 year CAGR for the year ending December 31, 2022: -4.59%

Luther Burbank Days Sales Outstanding (DSO) 3 year CAGR is -4.59% for the year ending December 31, 2022, a 64.71% change year over year. The days sales outstanding ratio measures the average number of days it takes for a company to collect payment from its customers. It is calculated by dividing receivables by revenue and then multiplying by 365. This ratio indicates the average collection period for accounts receivable and provides insights into the effectiveness of the company's credit and collection policies. A shorter period indicates faster collection and better cash flow management. CAGR, or the Compound Annual Growth Rate, quantifies the mean annual growth rate of an investment or financial metric over a specified time span, considering the influence of compounding. It is instrumental in determining the true annualized return on an investment.
  • Luther Burbank Days Sales Outstanding (DSO) for the year ending December 31, 2022 was 49.59, a 31.83% change year over year.
  • Luther Burbank Days Sales Outstanding (DSO) for the year ending December 31, 2021 was 37.62, a -22.61% change year over year.
  • Luther Burbank Days Sales Outstanding (DSO) for the year ending December 31, 2020 was 48.60, a -14.86% change year over year.
  • Luther Burbank Days Sales Outstanding (DSO) for the year ending December 31, 2019 was 57.09, a -0.05% change year over year.
NASDAQ: LBC

Luther Burbank

CEO Ms. Simone F. Lagomarsino
IPO Date Dec. 8, 2017
Location United States
Headquarters 520 Third Street, Santa Rosa, CA, United States, 95401
Employees 256
Sector Financial Services
Industry Banks - regional
Description

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.

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StockViz Staff

September 20, 2024

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