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

Rhea-AI Summary

Luther Burbank Corporation (NASDAQ: LBC) will announce its financial results for the quarter and nine months ended September 30, 2020, after market close on October 27, 2020. A conference call, led by CEO Simone Lagomarsino and CFO Laura Tarantino, is scheduled for October 28, 2020, at 8:00 AM (PT) to discuss the results and answer questions. The company, headquartered in Santa Rosa, California, reported total assets of $7.2 billion, loans of $6.3 billion, and deposits of $5.4 billion as of June 30, 2020. More details are available at lutherburbanksavings.com.

Positive

• Total assets of $7.2 billion and total loans of $6.3 billion as of June 30, 2020.
• Strong emphasis on personalized banking services for both consumers and businesses.
• Operational presence in California, Oregon, and Washington, enhancing market reach.

Negative

• None.

SANTA ROSA, Calif., Oct. 09, 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 nine months ended September 30, 2020 after the market closes on Tuesday, October 27, 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, October 28, 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: October 28, 2020
Time: 8:00 AM (PT)
Phone Number: (877) 221-8769
Conference ID: 8894869
Webcast URL: https://edge.media-server.com/mmc/p/jpxvdpnw

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 $5.4 billion as of June 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 eight 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 for Q3 2020?

Luther Burbank Corporation will release its financial results after market close on October 27, 2020.

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

The conference call is scheduled for October 28, 2020, at 8:00 AM (PT).

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

Investors can listen to the conference call via phone at (877) 221-8769 or through the provided webcast link.

What are the total assets of Luther Burbank Corporation as of June 30, 2020?

As of June 30, 2020, Luther Burbank Corporation had total assets of $7.2 billion.