Luther Burbank Corp (LBC, Financial) files its latest 10-K with SEC for the fiscal year ended on December 31, 2017. Luther Burbank Corp is a bank holding company. The company through its subsidiary provides real estate secured lending in attractive metropolitan areas along the West Coast. Luther Burbank Corp has a market cap of $722.770 million; its shares were traded at around $12.81 with a P/E ratio of 10.60. The dividend yield of Luther Burbank Corp stocks is 0.12%.
For the last quarter Luther Burbank Corp reported a revenue of $29.0 million, compared with the revenue of $0.00 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $118.4 million, an increase of 15.5% from last year.
The reported diluted earnings per share was $1.62 for the year. The Luther Burbank Corp enjoyed an operating margin of 55.09%, compared with the operating margin of 52.64% a year before. The 10-year historical median operating margin of Luther Burbank Corp is 46.27%. The profitability rank of the company is 5 (out of 10).
At the end of the fiscal year, Luther Burbank Corp has the cash and cash equivalents of $75.6 million, compared with $59.2 million in the previous year. The long term debt was $1.1 billion, compared with $1.3 billion in the previous year. The company's operating income of cannot cover its interest payment during the last fiscal year. Luther Burbank Corp has a financial strength rank of 3 (out of 10).
Directors and Officers Recent Trades:
- Director, Senior Officer Ian Slater, bought 34,000 shares of LBC stock on 02/15/2018 at the average price of $0.
For the complete 20-year historical financial data of LBC, click here.
