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Lnb Bancorp Inc

Lnb Bancorp Inc is a public company that is traded on the NASDAQ stock exchange under the ticker symbol "LNBB." It is a bank holding company for Luther Burbank Savings, which is a federally chartered savings association headquartered in Santa Rosa, California.

Lnb Bancorp Inc. and its subsidiaries provide a range of banking services to individuals, businesses, and non-profit organizations. These services include savings and checking accounts, time deposits, mortgage loans, home equity lines of credit, and commercial real estate loans. The company's primary market area includes California, Oregon, and Washington.

As of December 31, 2021, Lnb Bancorp Inc had total assets of $7.8 billion, total loans of $6.1 billion, and total deposits of $6.1 billion. The company's net income for the year ended December 31, 2021 was $101.9 million.

The company's stock has performed well in recent years, with its stock price increasing from around $15 per share at the beginning of 2019 to around $43 per share at the end of 2021.

It is important to note that the stock market is subject to fluctuations and it is recommended to conduct your own research or consult with a financial advisor before making any investment decisions.

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