Luther Burbank (LBC)

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	579.72 mm	579.72 mm	579.72 mm	579.72 mm	579.72 mm	579.72 mm
Cash burn (monthly)	39.88 mm	(no burn)	(no burn)	(no burn)	(no burn)	(no burn)
Cash used (since last report)	681.20 mm	n/a	n/a	n/a	n/a	n/a
Cash remaining	-101.48 mm	n/a	n/a	n/a	n/a	n/a
Runway (months of cash)	-2.5	n/a	n/a	n/a	n/a	n/a

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Financial data from company earnings reports.

Institutional ownership, Q2 2023

LBC institutional ownership history Ownership history

63.5% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	71	71	–
Opened positions	9	7	+28.6%
Closed positions	9	6	+50.0%
Increased positions	16	26	-38.5%
Reduced positions	35	24	+45.8%

13F shares	Current	Prev Q	Change
Total value	65.27 bn	63.78 bn	+2.3%
Total shares	32.41 mm	31.86 mm	+1.7%
Total puts	0.00	0.00
Total calls	0.00	0.00
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change
Victor Henry David Trione Trust	24.78 mm	$337.75 mm	0.0%
BLK BlackRock	1.22 mm	$10.84 bn	+5.9%
Dimensional Fund Advisors	932.22 k	$8.32 bn	+5.4%
Hotchkis & Wiley Capital Management	718.38 k	$6.41 bn	+12.9%
C Citigroup	589.32 k	$5.26 bn	+271.1%
Vanguard	541.27 k	$4.83 bn	-3.9%
Bridgeway Capital Management	414.13 k	$3.69 bn	-4.2%
STT State Street	338.36 k	$3.02 bn	-4.0%
Foundry Partners	269.73 k	$2.41 bn	-2.2%
Renaissance Technologies	220.57 k	$1.97 mm	-1.9%

Largest transactions	Shares	Bought/sold	Change
C Citigroup	589.32 k	+430.54 k	+271.1%
Empowered Funds	155.93 k	+155.93 k	NEW
Alpha Architect ETF Trust	155.93 k	+155.93 k	NEW
BK The Bank of New York Mellon Corporation	93.82 k	-135.83 k	-59.1%
Hotchkis & Wiley Capital Management	718.38 k	+82.14 k	+12.9%
BLK BlackRock	1.22 mm	+67.56 k	+5.9%
Geode Capital Management	206.50 k	-65.29 k	-24.0%
Millennium Management	55.65 k	+55.65 k	NEW
LSV Asset Management	7.42 k	-54.92 k	-88.1%
BMO Bank of Montreal	51.06 k	+51.06 k	NEW

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

LBC insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	#Shares
1 Mar 24	Stefani Alexander L	Common Stock	Sale back to company	Dispose D	No	No	46,940
1 Mar 24	John C Erickson	Common Stock	Sale back to company	Dispose D	No	No	51,420.221
1 Mar 24	Bradley M Shuster	Common Stock	Sale back to company	Dispose D	No	No	55,064
1 Mar 24	Victor Trione	Common Stock	Sale back to company	Dispose D	Yes	No	11,025,000
1 Mar 24	Lagomarsino Simone	Common Stock	Sale back to company	Dispose D	Yes	No	195,603
1 Mar 24	Lagomarsino Simone	Common Stock	Sale back to company	Dispose D	No	No	49,653

Data from 3, 4 and 5 filings. Values as filed, not updated for current price.