Luther Burbank Stock Price, News & Analysis

Luther Burbank Corporation (LBC) is a prominent FDIC insured, privately-owned thrift institution established in 1983 in Santa Rosa, California. Named in honor of the renowned horticulturist, Luther Burbank, who introduced over 800 plant varieties and beautified the world with hundreds of ornamental flowers, including the popular Shasta daisy, the company continues to embody his spirit of innovation and growth.

Luther Burbank Corporation operates Luther Burbank Savings, a bank dedicated to providing traditional savings and loan services. Specializing in real estate loans across all property types, Luther Burbank Savings has a straightforward and conservative business model designed to protect assets and benefit the community. With current assets totaling $3.6 billion and a strong track record of profitability spanning over 27 years, the bank underscores its commitment to financial stability and customer service.

The Shasta daisy, prominently featured in the company's logo, symbolizes growth and renewal, reflecting the bank’s mission to foster financial well-being among its customers. Luther Burbank Savings remains focused on serving the public and not public stockholders, ensuring that customer interests are always the top priority.

The bank's recent financial highlights include unaudited condensed consolidated income statements and non-GAAP reconciliations. For more detailed information, interested parties can contact Bradley Satenberg in Investor Relations at (844) 446-8201 or via email at investorrelations@lbsavings.com.

Stay informed with the latest updates and developments regarding Luther Burbank Corporation, an institution that not only honors its namesake's legacy but also continues to build on a foundation of trust, growth, and community service.