OverviewSuggest Edit

Luther Burbank Savings is a financial services company specializes in finance, banking, and mortgage services. The Bank offers a comprehensive suite of mortgage and savings products designed to protect and expand clients' enduring worth, to help them prosper in the things that matter most: home, business, real estate portfolio, dreams for the future. Luther Burbank is involved in originating multifamily and residential real estate loans funded by retail savings deposits.
The Company also gives back by supporting its community partners, both financially, and by contributing thousands of service hours.
TypePublic
Founded1983
HQGardena, CA, US
Websitelutherburbanksavings.com
Employee Ratings3.2

Locations

Luther Burbank Savings is headquartered in
Gardena, United States

Location Map

Latest Updates

Employees (est.) (Feb 2019)278(+3%)
Job Openings2
Revenue (FY, 2020)$2.5 M
Share Price (Jul 2021)$12.4(+2%)
Cybersecurity ratingAMore

Key People/Management at Luther Burbank Savings

Victor S. Trione

Victor S. Trione

Chairman of the Board
Laura Tarantino

Laura Tarantino

Executive Vice President, Chief Financial Officer
Simone Lagomarsino

Simone Lagomarsino

President & Chief Executive Officer, Board of Directors
Liana Prieto

Liana Prieto

Executive Vice President, General Counsel & Corporate Secretary
John C. Erickson

John C. Erickson

Director
Renu Agrawal

Renu Agrawal

Director
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Luther Burbank Savings Office Locations

Luther Burbank Savings has offices in Gardena and San Rafael
Gardena, CA, US (HQ)
1515 W 190th St #275
San Rafael, CA, US
1016 Irwin St
Show all (2)

Luther Burbank Savings Financials and Metrics

Luther Burbank Savings Revenue

Luther Burbank Savings's revenue was reported to be $2.52 m in FY, 2020
USD

Revenue (FY, 2020)

2.5m

Net income (FY, 2020)

39.9m

Market capitalization (15-Jul-2021)

650.1m

Closing stock price (15-Jul-2021)

12.4

Cash (31-Dec-2020)

178.9m

EV

565.7m
Luther Burbank Savings's current market capitalization is $650.1 m.
Annual
USDFY, 2020

Revenue

2.5m

Sales and marketing expense

1.7m

R&D expense

3.9m

Operating expense total

9.4m
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q4, 2018Q1, 2019Q2, 2019Q3, 2019Q4, 2019Q1, 2020Q2, 2020Q3, 2020

Revenue

1.0m817.0k1.0m4.1m1.4m1.5m993.0k4.7m798.0k671.0k587.0k

Sales and marketing expense

213.0k561.0k1.2m3.5m1.2m1.1m1.2m5.1m875.0k330.0k306.0k

R&D expense

788.0k807.0k895.0k3.3m919.0k945.0k945.0k3.7m967.0k1.0m999.0k

Operating expense total

2.3m2.8m3.1m11.7m3.2m3.1m4.3m14.3m2.9m2.3m2.2m
Annual
USDFY, 2020

Cash

178.9m

Accounts Receivable

6.0b

Prepaid Expenses

45.0m

PP&E

18.2m
Quarterly
Annual
USDFY, 2020

Net Income

39.9m

Depreciation and Amortization

2.7m

Cash From Operating Activities

65.0m

Purchases of PP&E

(1.4m)
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q4, 2018Q1, 2019Q2, 2019Q3, 2019Q4, 2019Q1, 2020Q2, 2020Q3, 2020

Net Income

11.1m22.3m34.5m45.1m12.0m23.7m36.4m48.9m7.6m16.9m31.2m

Depreciation and Amortization

714.0k1.4m2.1m5.6m665.0k1.3m2.0m2.6m669.0k1.4m2.0m

Cash From Operating Activities

4.7m22.7m47.3m59.0m17.3m33.4m54.1m75.0m15.8m35.8m52.9m

Purchases of PP&E

(123.0k)(826.0k)(1.2m)(1.5m)(157.0k)(399.0k)(663.0k)(2.3m)(957.0k)(1.1m)(1.3m)
USDQ1, 2018

Financial Leverage

10.9 x
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Luther Burbank Savings Cybersecurity Score

Cybersecurity ratingPremium dataset

A

94/100

SecurityScorecard logo

Luther Burbank Savings Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

CSRHub logo

Luther Burbank Savings Online and Social Media Presence

Embed Graph

Luther Burbank Savings Frequently Asked Questions

  • When was Luther Burbank Savings founded?

    Luther Burbank Savings was founded in 1983.

  • Who are Luther Burbank Savings key executives?

    Luther Burbank Savings's key executives are Victor S. Trione, Laura Tarantino and Simone Lagomarsino.

  • How many employees does Luther Burbank Savings have?

    Luther Burbank Savings has 278 employees.

  • What is Luther Burbank Savings revenue?

    Latest Luther Burbank Savings annual revenue is $2.5 m.

  • What is Luther Burbank Savings revenue per employee?

    Latest Luther Burbank Savings revenue per employee is $9.1 k.

  • Who are Luther Burbank Savings competitors?

    Competitors of Luther Burbank Savings include Shawbrook, TowneBank and Hypoport.

  • Where is Luther Burbank Savings headquarters?

    Luther Burbank Savings headquarters is located at 1515 W 190th St #275, Gardena.

  • Where are Luther Burbank Savings offices?

    Luther Burbank Savings has offices in Gardena and San Rafael.

  • How many offices does Luther Burbank Savings have?

    Luther Burbank Savings has 2 offices.