Luther Burbank Corporation Announces First Quarter 2021 Earnings Release and Conference Call Dates

Rhea-AI Summary

Luther Burbank Corporation (NASDAQ: LBC) will release its Q1 2021 financial results on April 27, 2021, after market close. Following this, a conference call hosted by CEO Simone Lagomarsino and CFO Laura Tarantino is scheduled for April 28, 2021, at 8:00 AM PT. This call will cover the Company’s quarterly performance, offering insights to analysts and investors. As of December 31, 2020, Luther Burbank Corporation had total assets of $6.9 billion, loans of $6.0 billion, and deposits of $5.3 billion. The Company operates primarily through its subsidiary, Luther Burbank Savings, across California, Oregon, and Washington.

Positive

• Total assets of $6.9 billion as of December 31, 2020.
• Total loans of $6.0 billion, indicating strong lending capacity.
• Total deposits of $5.3 billion, reflecting a solid customer base.

Negative

• None.

SANTA ROSA, Calif., April 09, 2021 (GLOBE NEWSWIRE) -- Luther Burbank Corporation (the “Company”) (NASDAQ: LBC), the holding company for Luther Burbank Savings (the “Bank”), announced today that it will release its financial results as of and for the quarter ended March 31, 2021 after the market closes on Tuesday, April 27, 2021.

Simone Lagomarsino, President and Chief Executive Officer of Luther Burbank Corporation, and Laura Tarantino, Executive Vice President and Chief Financial Officer, will host a conference call on Wednesday, April 28, 2021 at 8:00 AM (PT) to discuss the Company’s results for the period.

Analysts, investors, and the general public may listen to a discussion of the Company’s quarterly performance and a question/answer session by using the phone number or live webcast link listed below. The webcast will include a slide presentation that will be available for review and may be referenced during the call. It is recommended that participants dial into the conference call or log into the webcast approximately 10 minutes prior to the call.

Earnings Call Details

Date: April 28, 2021
Time: 8:00 AM (PT)
Phone Number: (877) 221-8769
Conference ID: 4081415
Webcast URL: https://edge.media-server.com/mmc/p/rk6iqtse

About Luther Burbank Corporation

Luther Burbank Corporation is a publicly owned company traded on the NASDAQ Capital Market under the symbol “LBC.” The Company is headquartered in Santa Rosa, California with total assets of $6.9 billion, total loans of $6.0 billion and total deposits of $5.3 billion as of December 31, 2020. It operates primarily through its wholly-owned subsidiary, Luther Burbank Savings, an FDIC insured, California-chartered bank. Luther Burbank Savings executes on its mission to improve the financial future of customers, employees and shareholders by providing personal banking and business banking services. It offers consumers a host of highly competitive depository and mortgage products coupled with personalized attention. Business customers benefit from boutique-quality service along with access to products which meet their unique financial needs from the convenience of online and mobile banking, robust cash management solutions, and high-yield liquidity management products to multifamily and commercial real estate lending. Currently operating in California, Oregon and Washington, from ten branches in California, one branch in Washington and seven lending offices located throughout the market area, Luther Burbank Savings is an equal housing lender. For additional information, please visit lutherburbanksavings.com.

Contact:	Bradley Satenberg
	Investor Relations
	(844) 446-8201
	investorrelations@lbsavings.com

FAQ

When will Luther Burbank Corporation announce its Q1 2021 earnings results?

Luther Burbank Corporation will release its Q1 2021 financial results on April 27, 2021, after market close.

What time is the earnings call for Luther Burbank Corporation on April 28, 2021?

The earnings call for Luther Burbank Corporation is scheduled for April 28, 2021, at 8:00 AM PT.

How can I listen to the earnings call for LBC?

Investors can listen to the earnings call by dialing (877) 221-8769 or accessing the webcast at https://edge.media-server.com/mmc/p/rk6iqtse.

What are the total assets of Luther Burbank Corporation?

As of December 31, 2020, Luther Burbank Corporation had total assets of $6.9 billion.