Luther Burbank Corp

LBC Luther Burbank Corp Washington Federal, Inc. and Luther Burbank Corporation Announce Receipt of Shareholder Approval for Merger SANTA ROSA, Calif., May 05, 2023 (GLOBE NEWSWIRE) -- Washington Federal, Inc.

First Quarter 2023 Highlights Net income of $13.4 million, or $0.26 per diluted share Net interest margin of 1.72% Return on average assets and equity of 0.67% and 7.78%, respectively Noninterest expense to average assets of 0.84% Deposits declined 3.3% to $5.6 billion Estimated uninsured deposits of $1.0 billion, or 17.9% of total deposits Liquidity ratio increased by 33% to 13.40%(1) Borrowing capacity increased by 34% to $2.3 billion Nonperforming assets to total assets of 0.06% Book value...

, /PRNewswire/ -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to: Luther Burbank Corporation (NASDAQ: LBC)'s sale to Washington Federal, Inc. for 0.3353 shares of Washington common stock for each share of Luther. If you are a Luther shareholder, click here to learn more about your rights and options. Apollo Endosurgery, Inc.