Luther Burbank is a bank holding company. Through its subsidiary, Co. accepts deposits from the general public and invests those funds in a variety of loans, including permanent mortgage loans and construction loans secured by residential, multifamily, and commercial real estate. The primary components of Co.'s loan portfolio are multifamily and commercial real estate loans and single family residential loans, primarily jumbo loans which do not meet the requirements for conforming loans. Co. provides a range of deposit products for individuals and businesses, including interest and noninterest-bearing transaction accounts, certificates of deposit and money market accounts. The LBC stock yearly return is shown above.
The yearly return on the LBC stock yearly return page and across the coverage universe of our site,
is a measure of the annual return over the calendar year 2021 for the given stock.
When performing this calculation it is important to factor in dividends, because a financial instrument's annual return is
more than just the change in price if that instrument pays a dividend or coupon.
One way to factor dividends into the return is simply to count them as cash — we don't do
that here. Instead, our website aims to empower investors
by performing the LBC annual return calculation with any dividends reinvested as applicable (on ex-dates).
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