Luther Burbank Corporation Reports Earnings for the Quarter and Nine Months Ended September 30, 2023

SANTA ROSA, Calif., Oct. 30, 2023 (GLOBE NEWSWIRE) -- Luther Burbank Corporation (NASDAQ: LBC) (the “Company”), the holding company for Luther Burbank Savings (the “Bank”), today reported net income of $1.9 million and $22.3 million, or $0.04 and $0.44 diluted earnings per common share (“EPS”), for the quarter and nine months ended September 30, 2023, respectively.

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