Live Oak Bancshares

Live Oak Bancshares, Inc. is a bank holding company for Live Oak Banking Company, which operates as a national online platform for small business lending. It operates through the following segments: Banking, Fintech, and Other. The Banking segment provides financing services to small businesses nationwide in targeted industries and deposit-related services to small businesses, consumers, and other customers nationwide. The Fintech segment focuses on making strategic investments into emerging financial technology companies. The company was founded by James S. Mahan III on December 18, 2018 and is headquartered in Wilmington, NC.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Live Oak Bancshares reports strong earnings, eyes growth opportunities in 2023

Live Oak Bancshares delivered strong financial performance in Q4 2022 with a focus on credit quality and profitability.
Challenges include managing expenses, credit quality, and achieving future profitability goals amidst uncertainties.
Opportunities lie in optimizing margins, enhancing income strategies, and capitalizing on growth prospects.
Overall, Live Oak Bancshares remains well-positioned for growth with a positive outlook for 2023.

Live Oak Bancshares reports Q1 earnings, eyes growth amid challenges

Live Oak Bancshares faces challenges from industry events impacting earnings but maintains a strong position in small business lending and deposit liquidity. The bank is optimistic about growth opportunities, with a focus on improving gain on sale revenue and exploring new lending areas. Caution is exercised in tech investments while stress scenarios show resilience in adverse conditions.

Live Oak Bancshares excels in Q2 earnings amidst industry challenges

Live Oak Bancshares delivered a strong performance in Q2 with improvements in core revenues, stable credit quality, and a customer-centric approach. The company faces challenges with PBMs and branch deposit models but sees opportunities in business acquisitions and real estate lending. Investments in people and technology are expected to drive future growth.

Live Oak Bancshares reports strong Q3 performance and growth opportunities

Live Oak Bancshares delivered a strong quarter with improvements in credit quality metrics, loan growth acceleration, and revenue-generating capabilities.
While facing challenges in certain sectors and the impact of rising rates, the bank's unique approach to asset quality management and growth opportunities position it well for the future.
With a focus on maintaining a competitive net interest margin and leveraging opportunities in loan origination and revenue growth initiatives, Live Oak is poised for continued success.

Live Oak Bancshares excels in Q4 2023, poised for growth

Live Oak Bancshares delivered a strong financial performance in Q4 2023, driven by solid EPS, net interest margin, and loan growth, supported by a unique business model.
The company's focus on technology, government-guaranteed lending, and operational efficiency positions it well for sustainable growth and profitability.
While facing challenges in managing CD maturities and expense control, Live Oak can capitalize on opportunities in small-dollar loans and diverse business verticals for future expansion.

Live Oak Bancshares posts strong Q1 results, eyes conventional lending growth

Live Oak Bancshares reported solid Q1 performance with a focus on credit quality and growth in conventional lending.
While facing challenges from increased expenses and potential market changes, the company is well-positioned for future opportunities.
Strategic initiatives in automation, credit scoring, and deposit growth highlight a path for continued growth and efficiency.
The transition to a full-fledged bank signals a return to roots and utilization of expertise for sustained success.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Live Oak Bancshares, Inc. is a bank holding company for Live Oak Banking Company, which operates as a national online platform for small business lending. It operates through the following segments: Banking, Fintech, and Other. The Banking segment provides financing services to small businesses nationwide in targeted industries and deposit-related services to small businesses, consumers, and other customers nationwide. The Fintech segment focuses on making strategic investments in emerging financial technology companies. The company was founded by James S. Mahan III on December 18, 2018 and is headquartered in Wilmington, NC.

Goosehead Insurance

Silvergate Capital Corp

Silvergate Capital, Live Oak Bancshares, and Goosehead Insurance are growing fast, with unique business models.

3 Stocks to Watch Heading Into Earnings Season

WILMINGTON, N.C., Oct. 13, 2021 (GLOBE NEWSWIRE) -- Live Oak Bancshares, Inc. (“Live Oak”) (Nasdaq: LOB) today announced that it will report its third quarter 2021 financial results after U.S. financial markets close on Wednesday, October 27, 2021.

Live Oak Bancshares, Inc. Announces Date of Third Quarter 2021 Financial Results

WILMINGTON, N.C., Sept. 23, 2021 (GLOBE NEWSWIRE) -- Live Oak Bank has reached a milestone in providing more than $1.2 billion in renewable energy financing for solar and bioenergy projects in rural communities nationwide.

Live Oak Bank Surpasses $1 Billion in Renewable Energy Loans to Support Rural Communities

OAKLAND, Calif.--(BUSINESS WIRE)--Peach Finance (“Peach”), a modern SaaS-based loan servicing platform, today announced that it has raised $20 million in Series A funding. Canapi Ventures led the round with participation from existing and new investors, SciFi VC, Caffeinated Capital, Nyca Partners and Moore Specialty Credit. The funding will support Peach's continued expansion within the massive and growing loan management and servicing market, including through new credit product launches, cus

Peach Finance Secures $20 Million in Series A Funding Led by Canapi Ventures

Complete migration of 60,000 retail customer accounts to Apiture's API-first solution WILMINGTON, NC / ACCESSWIRE / September 8, 2021 / Apiture , a leading provider of digital banking solutions, today announced the completion of Live Oak Bank's retail banking migration to Apiture Open. Following the launch of Live Oak Bank's business banking experience utilizing Apiture Open in 2020, the bank has expanded the relationship to convert over 60,000 deposit accounts from a legacy core and in-house built digital banking solution to Apiture's API-first platform.

Live Oak Bank Completes Digital Banking Conversion with the Apiture Open Platform

The bank trades at four times tangible book value, which is much greater than even very high-performing banks.

Can Live Oak Bancshares Sustain Its High Valuation?

Ally Financial

Goldman Sachs

The economic reopening has favored several companies -- and these finance specialists have benefited more than others.

3 Companies That Crushed Earnings Estimates This Quarter

Live Oak Bancshares, Inc. (LOB) CEO Chip Mahan on Q2 2021 Results - Earnings Call Transcript

Live Oak Bancshares (LOB) delivered earnings and revenue surprises of 138.98% and 55.25%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

Live Oak Bancshares (LOB) Tops Q2 Earnings and Revenue Estimates

Shares of Live Oak Bancshares (NASDAQ:LOB) were flat in after-market trading after the company reported Q2 results. Quarterly Results Earnings per share increased 1466.67% over the past year to $1.41, which beat the estimate of $0.57.

Recap: Live Oak Bancshares Q2 Earnings

WILMINGTON, N.C., July 21, 2021 (GLOBE NEWSWIRE) -- Live Oak Bancshares, Inc. (Nasdaq: LOB) (“Live Oak” or “the Company”) today reported second quarter 2021 net earnings available to common shareholders of $63.6 million, or $1.41 per diluted share. The second quarter of 2021 included a pretax gain of $44.1 million related to an investment in Greenlight Financial Technologies, Inc. (“Greenlight”) accounted for as an equity security.

Live Oak Bancshares, Inc. Reports Second Quarter 2021 Results

WILMINGTON, N.C., July 07, 2021 (GLOBE NEWSWIRE) -- Live Oak Bancshares, Inc. (“Live Oak”) (Nasdaq: LOB) today announced that it will report its second quarter 2021 financial results after U.S. financial markets close on Wednesday, July 21, 2021.

Live Oak Bancshares, Inc. Announces Date of Second Quarter 2021 Financial Results

WILMINGTON, N.C., June 30, 2021 (GLOBE NEWSWIRE) -- Live Oak Bancshares (“Live Oak” or the “company”) announced today that William C. (BJ) Losch, III will assume the role of Chief Financial Officer of the company on September 1, 2021. Losch will also assume the role of CFO of Live Oak Bank.

William C. (BJ) Losch, III to Join Live Oak Bancshares as Chief Financial Officer

SAN DIEGO--(BUSINESS WIRE)--Blooma, the leading AI-powered digital underwriting platform for commercial real estate (CRE), today announced the close of a $15 million Series A investment round. Canapi Ventures led the round with participation from existing investor Nyca Partners. The Series A funding will be used to drive continued execution of Blooma's product roadmap and support the hiring of key personnel to enable Blooma to better serve its quickly-growing base of commercial bank, private ba

Blooma Raises $15 Million in Series A Funding Led by Canapi Ventures

This bank is a leader in small-business lending, but its investments in fintech have me excited about its growth potential.

Buy This Stock While It's Under Wall Street's Radar

WILMINGTON, N.C., May 10, 2021 (GLOBE NEWSWIRE) -- Live Oak Bank announced today that Renato Derraik will join as Chief Information & Digital Officer (CIDO), leading the bank's digital transformation efforts. He assumes his role on June 7.

Renato Derraik to Join Live Oak Bank as Chief Information & Digital Officer

Live Oak Bancshares, Inc. (LOB) CEO Chip Mahan on Q1 2021 Results - Earnings Call Transcript

Live Oak Bancshares (LOB) delivered earnings and revenue surprises of 41.94% and 11.32%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

Live Oak Bancshares (LOB) Tops Q1 Earnings and Revenue Estimates

WILMINGTON, N.C., April 21, 2021 (GLOBE NEWSWIRE) -- Live Oak Bancshares, Inc. (Nasdaq: LOB) (“Live Oak” or “the Company”) today reported first quarter 2021 net earnings available to common shareholders of $39.4 million, or $0.88 per diluted share.

Live Oak Bancshares, Inc. Reports First Quarter 2021 Results

Live Oak (LOB) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Why Live Oak (LOB) Might Surprise This Earnings Season

Live Oak (LOB) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.

Is Live Oak (LOB) Stock a Solid Choice Right Now?

WILMINGTON, N.C.,, April 07, 2021 (GLOBE NEWSWIRE) -- Live Oak Bancshares, Inc. (“Live Oak”) (Nasdaq: LOB) today announced that it will report its first quarter 2021 financial results after U.S. financial markets close on Wednesday, April 21, 2021.

Live Oak Bancshares, Inc. Announces Date of First Quarter 2021 Financial Results

As of late, it has definitely been a great time to be an investor in Live Oak Bancshares, Inc. (LOB).

Live Oak Bancshares' (LOB) Shares March Higher, Can It Continue?

The small-business specialist posted great numbers in 2020, and investments in technology will be a key to future growth.

News for Live Oak Bancshares Stock (LOB)