Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes fromFinra
Moving Average Convergence/Divergence oscillator (MACD) is one of the simplest and most effective momentum indicators available.
Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. RSI oscillates between zero and 100. According to Wilder, RSI is considered overbought when above 70 and oversold when below 30.
SANTA ROSA, Calif., Jan. 11, 2021 (GLOBE NEWSWIRE) -- Luther Burbank Corporation (the “Company”) (NASDAQ: LBC), the holding company for Luther Burbank Savings (the “Bank”), announced today that it will release its financial results as of and for the quarter and year ended December 31, 2020 after the market closes on Tuesday, January 26, 2021.Simone Lagomarsino, President and Chief Executive Officer of Luther Burbank Corporation, and Laura Tarantino, Executive Vice President and Chief Financial O...
SANTA ROSA, Calif., Dec. 22, 2020 (GLOBE NEWSWIRE) -- Luther Burbank Corporation (the “Company”) (NASDAQ: LBC), the holding company for Luther Burbank Savings (the “Bank”), has announced that Renu Agrawal has been appointed to the Board of Directors of the Company and the Bank. Ms. Agrawal has also been appointed to the Company’s and the Bank’s Audit and Risk Committee of the Board of the Directors.Ms. Agrawal most recently served as Executive Vice President and Chief Operating Officer for Wells...
While the market driven by short-term sentiment influenced by the accomodative interest rate environment in the US, virus news and stimulus talks, many smart money investors are starting to get cautious towards the current bull run since March and hedging or reducing many of their long positions. Some fund managers are betting on Dow hitting […]
This is Simone Lagomarsino, President and CEO; and with me today are Laura Tarantino, our Chief Financial Officer; and John Cardamone, our Chief Credit Officer. The $5 million increase in net earnings was primarily a result of a reduction in loan loss provisions of $5.3 million recorded in the comparative period to set aside reserves for potential pandemic-related losses in our real estate loan portfolio.
NEW YORK, NY / ACCESSWIRE / October 28, 2020/ Luther Burbank Corp.
Luther Burbank (LBC) delivered earnings and revenue surprises of 28.57% and 4.26%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?
Quarterly Cash Dividend of $0.0575 Per Common Share DeclaredThird Quarter 2020 Highlights * Net income of $14.3 million, or $0.27 per diluted share for the quarter * Net interest margin of 2.03% compared to 1.88% for Q2 2020 * Loan production of $235.2 million during the quarter * Retail deposit growth of $178.2 million during the quarter * Remaining COVID-19 loan modifications total 1.2% of the total aggregate loan portfolio balance * Efficiency ratio of 44.6% for the quarter * Book va...