Luther Burbank

NASDAQ LBC

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Luther Burbank Retained Earnings To Equity Ratio 5 year CAGR for the year ending December 31, 2022: 20.09%

Luther Burbank Retained Earnings To Equity Ratio 5 year CAGR is 20.09% for the year ending December 31, 2022, a 216.63% change year over year. The retained earnings to equity ratio measures the proportion of a company's retained earnings to its shareholders' equity. It is calculated by dividing the retained earnings by the shareholders' equity. This ratio provides insights into the company's reinvestment of earnings and the level of retained profits relative to shareholders' equity. A higher ratio suggests a higher proportion of earnings being retained for reinvestment or future distribution to shareholders. 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 Retained Earnings To Equity Ratio for the year ending December 31, 2022 was 0.47, a 18.82% change year over year.
  • Luther Burbank Retained Earnings To Equity Ratio for the year ending December 31, 2021 was 0.39, a 24.68% change year over year.
  • Luther Burbank Retained Earnings To Equity Ratio for the year ending December 31, 2020 was 0.31, a 16.85% change year over year.
  • Luther Burbank Retained Earnings To Equity Ratio for the year ending December 31, 2019 was 0.27, a 20.39% 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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