Luther Burbank Corporation (LBC) Stock Analysis
DELISTED 2024
What happened to Luther Burbank Corporation (LBC) stock?
Luther Burbank Corporation (LBC) no longer trades on public markets. It was delisted in February 2024. The figures below are historical and are not a current quote.
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
Luther Burbank Corporation (LBC) trades at $9.15. Luther Burbank Corporation is a bank holding company operating through its subsidiary, Luther Burbank Savings. Market cap: $467M, Sector: Financial services.
Last analyzed: May 10, 2026Analyst Coverage for LBC: LBC does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates LBC against Financial Services peers across nine fundamental dimensions and assigns a neutral fundamental signal based on the underlying data.
LBC: 1/2 scored disciplines lean bullish. Dominant signal: Seth Klarman bullish.
How is this calculated? →Luther Burbank Corporation (LBC) Financial Services Profile
Luther Burbank Corporation, a regional bank holding company, focuses on providing commercial real estate loans and deposit products primarily in California and Washington. With a high profit margin and a conservative beta, the company caters to real estate investors and commercial businesses, differentiating itself through specialized lending services.
What Is the Investment Thesis for LBC?
Luther Burbank Corporation presents a compelling investment case based on its strong profitability and focus on commercial real estate lending. With a profit margin of 44.8% and a P/E ratio of 5.8, the company demonstrates efficient operations and attractive valuation. The company's specialization in commercial real estate loans, particularly in the California market, positions it to benefit from continued demand for multifamily and commercial properties. Growth catalysts include expansion of loan production offices and increased adoption of online and mobile banking services. However, investors should be aware of potential risks, including interest rate sensitivity and regional economic fluctuations that could impact loan performance. The absence of a dividend yield may deter some investors seeking income.
Based on FMP financials and quantitative analysis
LBC Key Highlights
Profit Margin of 44.8% indicates strong profitability and efficient operations.
- P/E Ratio of 5.8 suggests an attractive valuation compared to industry peers.
- Beta of 0.70 indicates lower volatility compared to the overall market, suggesting a more conservative investment.
- Gross Margin of 100.0% reflects the nature of the banking business model, where revenue is primarily interest income.
- Operates ten full-service branches in California and one in Washington, providing a regional focus on key markets.
Who Are LBC's Competitors?
LBC is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| BOH Bank of Hawaii Corporation | $77.59 | -0.28% | $3.06B | 88 |
| CASH Pathward Financial, Inc. | $83.49 | -0.26% | $1.76B | 91 |
| FFWM First Foundation Inc. | $5.90 | +2.43% | $489M | 59 |
| FMAO Farmers & Merchants Bancorp, Inc. | $33.47 | -0.09% | $461M | 92 |
| PDLB Ponce Financial Group, Inc. | $20.31 | +0.94% | $491M | 92 |
| OBT Orange County Bancorp, Inc. | $37.69 | -0.15% | $505M | 92 |
| BWFG Bankwell Financial Group, Inc. | $66.06 | +0.64% | $527M | 93 |
| PKBK Parke Bancorp, Inc. | $34.15 | +0.83% | $404M | 92 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are LBC's Key Strengths?
Strong profit margin of 44.8%.
- Conservative beta of 0.70.
- Specialized expertise in commercial real estate lending.
- Established presence in California and Washington.
What Are LBC's Weaknesses?
Lack of dividend yield may deter income-seeking investors.
- Limited geographic diversification.
- Reliance on commercial real estate lending makes it vulnerable to downturns in that sector.
- Smaller size compared to larger regional and national banks.
What Could Drive LBC Stock Higher?
Potential interest rate hikes by the Federal Reserve could increase net interest margin.
- Continued demand for commercial real estate in California and Washington.
- Expansion of online and mobile banking services to attract new customers.
What Are the Key Risks for LBC?
Financial-distress signal — its Altman Z-Score of 0.52 sits in the distress zone (elevated bankruptcy risk).
- Economic downturn in California or Washington could lead to increased loan defaults.
- Rising interest rates could negatively impact loan demand.
- Increased competition from larger banks and fintech companies.
- Regulatory changes could increase compliance costs.
What Are the Growth Opportunities for LBC?
- Expansion of Loan Production Offices: Luther Burbank Corporation can expand its loan production offices in strategic locations to increase its market reach and loan origination volume. By establishing a presence in high-growth areas, the company can tap into new customer segments and capitalize on regional economic opportunities. This expansion strategy can drive loan growth and increase overall profitability. The timeline for opening new loan production offices is estimated at 1-2 years per location, with a potential market size of $50-100 million in new loan originations per office.
- Increased Adoption of Online and Mobile Banking: Luther Burbank Corporation can invest in enhancing its online and mobile banking platforms to attract and retain customers. By offering convenient and user-friendly digital banking services, the company can improve customer satisfaction and reduce operational costs. Increased adoption of digital channels can also enable the company to gather valuable customer data and personalize its offerings. The market size for digital banking services is estimated at $10 billion, with a projected growth rate of 10% per year.
- Strategic Partnerships with Real Estate Professionals: Luther Burbank Corporation can form strategic partnerships with real estate brokers, developers, and property managers to generate loan referrals and expand its customer base. By collaborating with key players in the real estate industry, the company can gain access to a steady stream of qualified loan applicants and increase its market share. These partnerships can be established within 6-12 months, with a potential market size of $25-50 million in new loan originations per partnership.
- Development of Specialized Loan Products: Luther Burbank Corporation can develop specialized loan products tailored to specific segments of the real estate market, such as green building loans or affordable housing loans. By offering innovative and targeted loan solutions, the company can differentiate itself from competitors and attract customers with unique financing needs. The market size for specialized loan products is estimated at $5 billion, with a projected growth rate of 15% per year.
- Cross-Selling Opportunities: Luther Burbank Corporation can leverage its existing customer relationships to cross-sell additional products and services, such as wealth management or insurance products. By offering a comprehensive suite of financial solutions, the company can increase customer loyalty and generate additional revenue streams. The potential market size for cross-selling opportunities is estimated at $10-20 million per year, with a timeline of 12-18 months to implement a cross-selling program.
What Are LBC's Competitive Advantages?
- Strong regional presence in California and Washington.
- Specialized expertise in commercial real estate lending.
- Long-standing relationships with local real estate professionals.
- Conservative lending practices and risk management.
What Does LBC Do?
Luther Burbank Corporation, founded in 1983 and headquartered in Santa Rosa, California, operates as the bank holding company for Luther Burbank Savings. The bank provides a range of financial products and services tailored to real estate investors, professionals, entrepreneurs, depositors, and commercial businesses. Its core offerings include interest and noninterest-bearing transaction accounts, certificates of deposit, and money market accounts, catering to both individual and business clients. The company's primary focus is on commercial real estate loans, including first mortgage loans for the purchase, refinance, or build-out of tenant improvements on investor-owned multifamily residential properties, as well as loans for office, retail, and light industrial properties. Luther Burbank also provides single-family residential loans and a portfolio of 30-year fixed-rate first mortgages and forgivable second mortgages. The company enhances its service offerings with ATM, debit cards, online and mobile banking, and real estate investment services. As of December 31, 2021, Luther Burbank operated ten full-service branches in California, located in Sonoma, Marin, Santa Clara, and Los Angeles Counties, and one full-service branch in Washington, located in King County, along with six loan production offices in California and one in Clackamas County, Oregon. This regional presence allows the company to maintain close relationships with its customer base and respond effectively to local market conditions.
What Products and Services Does LBC Offer?
- Provides commercial real estate loans for multifamily residential, office, retail, and light industrial properties.
- Offers single-family residential loans.
- Provides interest and noninterest-bearing transaction accounts.
- Offers certificates of deposit and money market accounts.
- Provides ATM and debit cards.
- Offers online and mobile banking services.
- Offers real estate investment services.
- Issues trust preferred securities.
How Does LBC Make Money?
- Generates revenue primarily through interest income from loans.
- Earns fees from deposit accounts and other banking services.
- Manages interest rate risk by balancing assets and liabilities.
- Maintains a diversified loan portfolio to mitigate credit risk.
What Industry Does LBC Operate In?
Luther Burbank Corporation operates within the regional banking sector, which is characterized by intense competition and evolving customer preferences. The industry is influenced by macroeconomic factors such as interest rates, economic growth, and regulatory changes. Regional banks like Luther Burbank face competition from larger national banks, credit unions, and fintech companies offering alternative financial services. The company's focus on commercial real estate lending positions it within a niche market, allowing it to differentiate itself through specialized expertise and local market knowledge. The regional banking sector is expected to experience moderate growth, driven by increasing demand for loans and deposit products from small businesses and real estate investors.
Who Are LBC's Key Customers?
- Real estate investors
- Real estate professionals
- Entrepreneurs
- Commercial businesses
- Individual depositors
Financial Health
Luther Burbank Corporation's Piotroski F-Score is 5/9, a 9-point checklist of profitability, leverage and efficiency — a middling fundamental profile. Its Altman Z-Score of 0.52 places it in the distress zone, a signal of elevated financial risk.
LBC Valuation & Market Position
With a $467M market cap, Luther Burbank Corporation sits in the small-cap segment of the market.
Key Financial Metrics
Return on equity for Luther Burbank Corporation stands at 11.9%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is 1.0%, showing how much profit it generates from its asset base. LBC trades at a trailing price-to-earnings ratio of 5.79, below the Financial Services sector average of ~18x. Its free cash flow yield is 18.1%, a gauge of the cash the business throws off relative to its market value. Its earnings yield is 17.3%, the inverse of the P/E and a quick read on earnings relative to price.
Company Profile
Luther Burbank Corporation operates in the Banks - Regional industry within the Financial Services sector. It is headquartered in Santa Rosa, US. The company is led by CEO Simone F. Lagomarsino. LBC has traded publicly since 2017.
LBC Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis
Bull Case vs Bear Case
Bull Case
- Strong profit margin of 44.8%.
- Conservative beta of 0.70.
- Specialized expertise in commercial real estate lending.
- Established presence in California and Washington.
Bear Case
- Lack of dividend yield may deter income-seeking investors.
- Limited geographic diversification.
- Reliance on commercial real estate lending makes it vulnerable to downturns in that sector.
- Smaller size compared to larger regional and national banks.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · August 2026
LBC Latest News
No recent news available for LBC.
Leadership: Simone F. Lagomarsino
CEO
Simone F. Lagomarsino serves as the Chief Executive Officer of Luther Burbank Corporation. Her career spans several decades in the financial services industry, with a focus on commercial banking and real estate lending. She has held leadership positions at various financial institutions, bringing a wealth of experience in strategic planning, risk management, and business development. Her educational background includes a degree in finance and participation in executive management programs. She is actively involved in industry associations and community organizations.
Track Record: Under Simone F. Lagomarsino's leadership, Luther Burbank Corporation has maintained a strong focus on profitability and asset quality. She has overseen the expansion of the company's loan production offices and the implementation of new technology initiatives to enhance customer service. Key milestones include navigating the challenges of the economic cycle and maintaining a stable financial performance. She manages 256 employees.
Luther Burbank Corporation Financial Services Stock: Key Questions Answered
What happened to Luther Burbank Corporation (LBC) stock?
Luther Burbank Corporation (LBC) no longer trades on public markets. It was delisted in February 2024. The figures below are historical and are not a current quote.
Can I still buy LBC shares?
No. LBC stopped trading on public markets in February 2024, so the shares are not available through a broker. Anything you see quoted for LBC elsewhere is historical data, not a live market.
Are the figures on this page current?
No. Every number here is the last value recorded before LBC stopped trading. Nothing on this page updates, and none of it is a current quote.
Why does this page still exist?
Because people still search for what happened to Luther Burbank Corporation. An archived profile that states the delisting plainly is more useful than a dead link — provided it is labelled as history, which is what this page does.
What does Luther Burbank Corporation do?
Luther Burbank Corporation operates as the bank holding company for Luther Burbank Savings, providing a range of banking products and services primarily focused on real estate investors, professionals, entrepreneurs, depositors, and commercial businesses. The company's core business involves originating and managing commercial real estate loans, particularly first mortgage loans for multifamily residential, office, retail, and light industrial properties.
What do analysts say about LBC stock?
Analyst coverage of Luther Burbank Corporation (LBC) typically focuses on the company's asset quality, profitability, and growth prospects within the regional banking sector. Key valuation metrics such as the P/E ratio and profit margin are often cited in analyst reports. The consensus view generally acknowledges the company's strong financial performance and conservative risk management practices.
What are the main risks for LBC?
Luther Burbank Corporation faces several key risks inherent to its business model and operating environment. One significant risk is its exposure to the commercial real estate market, particularly in California and Washington. An economic downturn in these regions could lead to increased loan defaults and negatively impact the company's asset quality.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- Information is based on available data as of 2026-05-10.
- Financial data is based on the most recent filings and may be subject to change.
- Analyst opinions and ratings may vary.