Luther Burbank: Q1 Earnings Snapshot
Luther Burbank Corp (LBC) on Tuesday reported net income of $13.4 million in its first quarter. The bank, based in Santa Rosa, California, said it had earnings of 26 cents per share. The bank holding company posted revenue of $84.6 million in the period. Its revenue net of interest expense was $35.2 million, which beat Street forecasts.
By AP News
Published - Apr 25, 2023, 04:27 PM ET
Last Updated - Apr 15, 2024, 04:48 AM EDT
SANTA ROSA, Calif. (AP) — SANTA ROSA, Calif. (AP) — Luther Burbank Corp (LBC) on Tuesday reported net income of $13.4 million in its first quarter.
The bank, based in Santa Rosa, California, said it had earnings of 26 cents per share.
The bank holding company posted revenue of $84.6 million in the period. Its revenue net of interest expense was $35.2 million, which beat Street forecasts.
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