Luther Burbank Corp (LBC) on Tuesday reported net income of $6.9 million in its second quarter
SANTA ROSA, Calif. (AP) — SANTA ROSA, Calif. (AP) — Luther Burbank Corp (LBC) on Tuesday reported net income of $6.9 million in its second quarter.
The Santa Rosa, California-based bank said it had earnings of 14 cents per share.
The bank holding company posted revenue of $91.1 million in the period. Its revenue net of interest expense was $27.2 million, exceeding Street forecasts.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a LBC">Zacks stock report on LBC at https://www.zacks.com/ap/LBC