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

Rhea-AI Summary

Luther Burbank Corporation (NASDAQ: LBC) will release its Q2 2020 financial results on July 28, 2020, after market close. A conference call is scheduled for July 29, 2020, at 8:00 AM PT, hosted by CEO Simone Lagomarsino and CFO Laura Tarantino. Participants can join via phone or webcast, with a slide presentation available during the call. As of March 31, 2020, the company reported total assets of $7.1 billion, total loans of $6.2 billion, and total deposits of $5.3 billion. For more details, visit lutherburbanksavings.com.

Positive

• Total assets increased to $7.1 billion.
• Total loans reached $6.2 billion.
• Total deposits amounted to $5.3 billion.

Negative

• None.

SANTA ROSA, Calif., July 10, 2020 (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 six months ended June 30, 2020 after the market closes on Tuesday, July 28, 2020.

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, July 29, 2020 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: July 29, 2020
Time: 8:00 AM (PT)
Phone Number: (877) 221-8769
Conference ID: 5782277
Webcast URL: https://edge.media-server.com/mmc/p/37ih2rrk

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 $6.2 billion and total deposits of $5.3 billion as of March 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 eight lending offices located throughout the market area, Luther Burbank Savings is an equal housing lender. For additional information, please visit lutherburbanksavings.com.

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10%; width:10%; min-width:10%;">Contact:	90%; width:90%; min-width:90%;">Bradley Satenberg
	Investor Relations
	(844) 446-8201
	investorrelations@lbsavings.com

FAQ

When will Luther Burbank Corporation release its Q2 2020 financial results?

Luther Burbank Corporation will release its Q2 2020 financial results on July 28, 2020, after market close.

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

The conference call is scheduled for July 29, 2020, at 8:00 AM PT.

What is the ticker symbol for Luther Burbank Corporation?

The ticker symbol for Luther Burbank Corporation is LBC.

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

You can listen to the conference call by dialing (877) 221-8769 or via the webcast at the provided URL.