LBC - Dividend announcements

Third Quarter 2023 Highlights Net income of $1.9 million and $22.3 million, or $0.04 and $0.44 per diluted share, for the quarter and nine months ended September 30, 2023, respectivelyNet interest margin of 0.97%Return on average assets and equity of 0.09% and 1.09%, respectivelyNoninterest expense to average assets of 0.73%Estimated uninsured deposits remained stable at $1.0 billion, or 17.6% of total depositsDependence on wholesale funds declined to 27.6% (1)Liquidity ratio of 13.8% (1)On-balance sheet liquidity plus borrowing capacity of more than 3 times uninsured depositsNonperforming assets to total assets of 0.08%Tier 1 leverage and total risk-based capital ratios of 9.66% and 20.86%,

Second Quarter 2023 Highlights Net income of $6.9 million, or $0.14 per diluted shareNet interest margin of 1.27%Return on average assets and equity of 0.33% and 3.94%, respectivelyNoninterest expense to average assets of 0.76%Deposits increased 3% to $5.8 billionEstimated uninsured deposits of $997.8 million, or 17.1% of total depositsOn-balance sheet liquidity plus borrowing capacity of more than 3 times uninsured depositsNonperforming assets to total assets of 0.06%Book value per share of $13.71Tangible book value per share of $13.64 (1)  As of or For the Three Months Ended (2)(Dollars in thousands, except per share amounts)June 30,2023March 31,2023June 30,2022Performance Ratios   Retur

First Quarter 2023 Highlights Net income of $13.4 million, or $0.26 per diluted shareNet interest margin of 1.72%Return on average assets and equity of 0.67% and 7.78%, respectivelyNoninterest expense to average assets of 0.84%Deposits declined 3.3% to $5.6 billionEstimated uninsured deposits of $1.0 billion, or 17.9% of total depositsLiquidity ratio increased by 33% to 13.40%(1)Borrowing capacity increased by 34% to $2.3 billionNonperforming assets to total assets of 0.06%Book value per share of $13.64Tangible book value per share of $13.58 (1)  As of or For the Three Months Ended (2)(Dollars in thousands, except per share amounts)March 31,2023December 31,2022March 31,2022Performance Ratios

Fourth Quarter 2022 Highlights Net income of $13.7 million, or $0.27 per diluted shareNet interest margin of 2.01%Return on average assets and equity of 0.69% and 8.04%, respectivelyNoninterest expense to average assets of 1.00%Loan production of $281.4 millionWeighted average coupon on loan originations increased by 22% to 5.68%Nonperforming assets to total assets of 0.08%Book value per share of $13.36Tangible book value per share of $13.30 (1)  As of or For the Three Months Ended (2)(Dollars in thousands, except per share amounts)December 31,2022September 30,2022December 31,2021Performance Ratios   Return on average assets0.69%1.10%1.30%Return on average equity8.04%12.33%14.08%Net interest

Washington Federal, Inc. (NASDAQ:WAFD) (the "Company"), parent company of Washington Federal Bank ("WaFd Bank"), today announced quarterly earnings of $79,509,000 for the quarter ended December 31, 2022, an increase of 58% from $50,281,000 for the quarter ended December 31, 2021. After the effect of dividends on preferred stock, net income available for common shareholders was $1.16 per diluted share for the quarter ended December 31, 2022, compared to $0.71 per diluted share for the quarter ended December 31, 2021, a $0.45 or 63% increase in fully diluted earnings per common share. Return on common shareholders' equity for the quarter ended December 31, 2022 was 15.15% compared to 10.12% f

First Quarter 2021 Highlights Net income of $18.4 million, or $0.35 per diluted shareNet interest margin of 2.23% compared to 2.13%, an increase of 10 basis pointsReturn on average assets and equity of 1.05% and 11.82%, respectivelyEfficiency ratio of 39.5%Internal loan production of $391.0 millionSingle family loan pool purchase totaling $287.8 millionCriticized loans of $34.1 million, a decrease of $22.9 million, or 40%Retail deposit growth of $127.6 millionTangible book value per share of $11.88Quarterly cash dividend of $0.0575 per common share declared  As of or For the Three Months Ended (1)(Dollars in thousands, except per share amounts)March 31,2021December 31,2020March 31,2020Perfor

Fourth Quarter 2020 Highlights Net income of $8.7 million, or $0.17 per diluted share for the quarterNet interest margin of 2.13% compared to 2.03% for Q3 2020Loan production of $385.2 million during the quarterOver 99% of COVID-19 loan modifications have returned to payment statusRetail deposit growth of $32.6 million during the quarterPrepaid $150.0 million of FHLB borrowings with a weighted average interest rate of 2.95%Book value per share of $11.75Approval of $20.0 million stock repurchase plan in October 2020Quarterly cash dividend of $0.0575 per common share declared SANTA ROSA, Calif., Jan. 26, 2021 (GLOBE NEWSWIRE) -- Luther Burbank Corporation (NASDAQ: LBC) (the “Company”), the