Luther Burbank Corp. (Nasdaq: LBC) posted fourth-quarter earnings of $23.38 million, which fell just short of the prior quarter’s results but almost tripled the same three months in 2020. As its parent company announced Wednesday, Luther Burbank Savings came off a record third...
Burbank and his family settled on a farm in Groton after the passing of Burbank Sr. At the age of 21 he purchased 17 acres of land near Lunenberg, MA and began a 55-year plant-breeding career. Burbank came to the conclusion that better plants might be grown by natural selection and ne...