| Market Capitalization (Millions $) |
- |
| Shares
Outstanding (Millions) |
51 |
| Employees |
- |
| Revenues (TTM) (Millions $) |
119 |
| Net Income (TTM) (Millions $) |
36 |
| Cash Flow (TTM) (Millions $) |
323 |
| Capital Exp. (TTM) (Millions $) |
1 |
Business Description
Luther Burbank Corporation, named after the famous American Botanist, is a publicly traded company headquartered in Santa Rosa, California. The company operates as a bank holding company and its primary subsidiary is Luther Burbank Savings, a California state-chartered bank. Luther Burbank Savings is a regional bank that offers a range of banking products and services to individuals, businesses, and non-profits in California.
Luther Burbank Corporation was founded in 1983 and became publicly traded in 2017, following a successful initial public offering (IPO). The company operates with a mission to provide a customer-focused banking experience, catering to the unique needs of its clients.
As of 2021, Luther Burbank Corporation has assets of over $6 billion and employs over 300 people. The companyes board of directors is comprised of an experienced group of business leaders and experts in the banking industry, who are responsible for overseeing the direction and management of the company.
Besides being a bank holding company, Luther Burbank Corporation also has a real estate lending division that provides financing for commercial and residential properties. The companyes real estate lending division is focused on providing creative and flexible loan solutions to its clients.
Luther Burbank Savings, the companyes primary subsidiary, operates through a network of branches located in California. The bank offers a range of financial products and services such as checking and savings accounts, certificates of deposit, mortgages, and commercial loans. Luther Burbank Savings also provides a suite of online and mobile banking services, making it convenient for customers to manage their finances at any time and from anywhere.
In addition to its commitment to providing its clients with innovative and personalized banking solutions, the company also strives to give back to the communities it serves. Luther Burbank Corporation supports several charitable organizations through financial and volunteer contributions, including the United Way, Habitat for Humanity, and the American Heart Association.
Overall, Luther Burbank Corporation is a successful and growing California-based bank holding company focused on providing customized banking products and services to its clients while also giving back to the communities it serves.
Company Address: 520 Third St, Fourth Floor Santa Rosa 95401 CA
Company Phone Number: 446-8201 Stock Exchange / Ticker: NASDAQ LBC
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