Luther Burbank

NASDAQ LBC

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Luther Burbank Price to Earnings Ratio (P/E) on February 29, 2024: 13.71

Luther Burbank Price to Earnings Ratio (P/E) is 13.71 on February 29, 2024, a 81.77% change year over year. The price to earnings ratio (P/E ratio) compares the market price per share of a company's stock to its earnings per share (EPS). It is calculated by dividing the market capitalization by the net income, divided by the number of outstanding shares. This ratio provides insights into the market's valuation of a company's earnings. A higher P/E ratio indicates that investors are willing to pay a higher price for each unit of earnings, suggesting higher market expectations for future earnings growth.
  • Luther Burbank 52-week high Price to Earnings Ratio (P/E) is 15.51 on December 26, 2023, which is 13.16% above the current Price to Earnings Ratio (P/E).
  • Luther Burbank 52-week low Price to Earnings Ratio (P/E) is 5.93 on March 23, 2023, which is -56.74% below the current Price to Earnings Ratio (P/E).
  • Luther Burbank average Price to Earnings Ratio (P/E) for the last 52 weeks is 9.82.
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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