Luther Burbank (LBC) - Cash on Hand

Cash on Hand as of December 2022 : NZ$0.31 Billion

According to Luther Burbank's latest financial reports the company has NZ$0.31 Billion in cash and cash equivalents.
A company’s cash on hand also refered as cash/cash equivalents (CCE) and Short-term investments, is the amount of accessible money a business has.

Luther Burbank - Cash on Hand chart (from 2016 to 2022)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	NZ$0.29 B	44.49%
2021-12-31	NZ$0.20 B	-18.25%
2020-12-31	NZ$0.24 B	88.5%
2019-12-31	NZ$0.13 B	-3.8%
2018-12-31	NZ$0.13 B	28.46%
2017-12-31	NZ$0.10 B	24.5%
2016-12-31	NZ$85.47 M	-10.77%
2015-12-31	NZ$95.79 M

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
Northeast Bank NBN	NZ$0.27 B	-10.19%	🇺🇸 USA
National Bank Holdings NBHC	NZ$0.32 B	5.17%	🇺🇸 USA

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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