Luther Burbank Corporation Announces First Quarter 2022 Earnings Release and Conference Call Dates

Rhea-AI Summary

Luther Burbank Corporation (NASDAQ: LBC) will announce its financial results for Q1 2022 on April 26, 2022. The earnings call, led by CEO Simone Lagomarsino and CFO Laura Tarantino, will take place on April 27, 2022, at 8 AM PT. Participants can join via phone or a live webcast, which will include a slide presentation. As of December 31, 2021, the company reported total assets of $7.2 billion, loans of $6.3 billion, and deposits of $5.5 billion, operating through its wholly-owned subsidiary, Luther Burbank Savings, across the western U.S.

Positive

• Total assets reported at $7.2 billion.
• Total loans of $6.3 billion indicate strong lending activity.
• Total deposits of $5.5 billion suggest robust customer trust and engagement.

Negative

• None.

SANTA ROSA, Calif., April 08, 2022 (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, 2022 after the market closes on Tuesday, April 26, 2022.

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 27, 2022 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 download. The slide presentation will also be available on our website and will be filed as an exhibit to the Company's Current Report on Form 8-K, along with our quarterly earnings release. 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 27, 2022
Time: 8:00 AM (PT)
Phone Number: (877) 221-8769
Conference ID: 3266238
Webcast URL: https://edge.media-server.com/mmc/p/nnzw9kdi

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 $7.2 billion, total loans of $6.3 billion and total deposits of $5.5 billion as of December 31, 2021. 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 the western United States, from ten branches in California, one branch in Washington and 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 release its Q1 2022 financial results?

Luther Burbank Corporation will release its Q1 2022 financial results on April 26, 2022.

What time is the conference call for Luther Burbank Corporation's Q1 2022 earnings?

The conference call for Q1 2022 earnings is scheduled for April 27, 2022, at 8 AM PT.

How can I listen to the earnings call for Luther Burbank Corporation?

You can listen to the earnings call by dialing the provided phone number or accessing the live webcast link.

What were the total assets of Luther Burbank Corporation as of December 31, 2021?

As of December 31, 2021, Luther Burbank Corporation reported total assets of $7.2 billion.