Luther Burbank Corporation Announces Fourth Quarter 2020 Earnings Release and Conference Call Dates

Rhea-AI Summary

Luther Burbank Corporation (NASDAQ: LBC) announced it will release its financial results for the quarter and year ended December 31, 2020, on January 26, 2021, after market close. A conference call discussing these results will be hosted on January 27, 2021, at 8:00 AM PT, featuring CEO Simone Lagomarsino and CFO Laura Tarantino. The company, headquartered in Santa Rosa, California, holds total assets of $7.1 billion, including $6.1 billion in loans and $5.3 billion in deposits, as of September 30, 2020. The bank operates across California, Oregon, and Washington.

Positive

• Total assets of $7.1 billion, up-to-date as of September 30, 2020.
• Total loans amounting to $6.1 billion, reflecting strong lending capacity.
• Total deposits of $5.3 billion, indicating a solid customer base.

Negative

• None.

SANTA ROSA, Calif., Jan. 11, 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 and year ended December 31, 2020 after the market closes on Tuesday, January 26, 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, January 27, 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.

Conference Call Details:
Date: January 27, 2021
Time: 8:00 AM (PT)
Phone Number: (877) 221-8769
Conference ID: 8759509
Webcast URL: https://edge.media-server.com/mmc/p/feoctnqr

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 $7.1 billion, total loans of $6.1 billion and total deposits of $5.3 billion as of September 30, 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 release its financial results?

Luther Burbank Corporation will release its financial results on January 26, 2021.

What time is the conference call for Luther Burbank Corporation's financial results?

The conference call is scheduled for January 27, 2021, at 8:00 AM PT.

How can I access the Luther Burbank Corporation conference call?

The conference call can be accessed via phone at (877) 221-8769 or through the webcast link provided in the press release.

What are the total assets and loans of Luther Burbank Corporation?

As of September 30, 2020, Luther Burbank Corporation had total assets of $7.1 billion and total loans of $6.1 billion.