Live Oak Bancshares, Inc. (LOB)

NYSE: LOB · Real-Time Price · USD
46.02
-0.03 (-0.07%)
Nov 20, 2024, 4:00 PM EST - Market closed
-0.07%
Market Cap 2.08B
Revenue (ttm) 405.74M
Net Income (ttm) 83.74M
Shares Out 45.19M
EPS (ttm) 1.84
PE Ratio 24.99
Forward PE 18.96
Dividend $0.12 (0.26%)
Ex-Dividend Date Sep 3, 2024
Volume 184,556
Open 46.05
Previous Close 46.05
Day's Range 45.05 - 46.39
52-Week Range 31.03 - 50.57
Beta 1.63
Analysts Buy
Price Target 45.67 (-0.76%)
Earnings Date Oct 23, 2024

About LOB

Live Oak Bancshares, Inc. operates as the bank holding company for Live Oak Banking Company that provides various banking products and services in the United States. It operates through two segments, Banking and Fintech. The company accepts various deposit products, including noninterest-bearing demand, as well as interest-bearing checking, money market, savings, and time deposits. It also offers commercial and industrial loans; construction and development loans; owner occupied and non-owner occupied collateral commercial real estate loans; an... [Read more]

Sector Financials
IPO Date Jul 23, 2015
Employees 961
Stock Exchange NYSE
Ticker Symbol LOB
Full Company Profile

Financial Performance

In 2023, Live Oak Bancshares's revenue was $391.07 million, a decrease of -23.07% compared to the previous year's $508.33 million. Earnings were $73.90 million, a decrease of -58.06%.

Financial Statements

Analyst Forecast

According to 6 analysts, the average rating for LOB stock is "Buy." The 12-month stock price forecast is $45.67, which is a decrease of -0.76% from the latest price.

Price Target
$45.67
(-0.76% downside)
Analyst Consensus: Buy
Stock Forecasts

News

WARRIOR RISING ANNOUNCES ENHANCED CAPITAL READINESS CAPABILITY FOR VETERAN ENTREPRENEURS

Warrior Expands Access to Capital for Veteran-Owned Businesses Through Alliances with Parlay and Live Oak Bank and Acquisition of Launch Plan ™ SALT LAKE CITY , Nov. 12, 2024 /PRNewswire/ -- Warrior R...

8 days ago - PRNewsWire

Live Oak Bancshares: Loan Originations Spike, But Credit Risk Worries

Live Oak Bancshares' stock dropped 18.82% post-Q3 2024 results, likely due to profit-taking and unmet high expectations despite strong loan demand and profitability. Q3 2024 highlights include a 50% Q...

23 days ago - Seeking Alpha

Live Oak Bancshares, Inc. (LOB) Q3 2024 Earnings Call Transcript

Live Oak Bancshares, Inc. (NYSE:LOB) Q3 2024 Earnings Conference Call October 24, 2024 9:00 AM ET Company Participants Greg Seward - General Counsel and Chief Risk Officer Chip Mahan - Chairman and C...

27 days ago - Seeking Alpha

Live Oak Bancshares, Inc. Reports Third Quarter 2024 Results

WILMINGTON, N.C., Oct. 23, 2024 (GLOBE NEWSWIRE) -- Live Oak Bancshares, Inc. (NYSE: LOB) (“Live Oak” or “the Company”) today reported third quarter of 2024 net income of $13.0 million, or $0.28 per d...

4 weeks ago - GlobeNewsWire

Live Oak Ventures Participates in Financing of Synply, Inc.

WILMINGTON, N.C., Oct. 21, 2024 (GLOBE NEWSWIRE) -- Live Oak Ventures, the investment arm of Live Oak Bancshares, Inc., has announced an investment in Synply Inc., a cloud-based technology company ded...

4 weeks ago - GlobeNewsWire

Live Oak Bancshares, Inc. Announces Date of Third Quarter 2024 Financial Results

WILMINGTON, N.C., Oct. 09, 2024 (GLOBE NEWSWIRE) -- Live Oak Bancshares, Inc. (“Live Oak”) (NYSE: LOB) today announced that it will report its third quarter 2024 financial results after U.S. financial...

6 weeks ago - GlobeNewsWire

Live Oak Bancshares: CD Related Costs Could Become A Tailwind

Live Oak Bancshares stock had a total return of 76% since my last article, which was totally unexpected. Q2 2024 results showed strong loan growth and solid deposit base for LOB. Management's aggressi...

4 months ago - Seeking Alpha

Live Oak Bancshares, Inc. (LOB) Q2 2024 Earnings Call Transcript

Live Oak Bancshares, Inc. (NYSE:LOB) Q2 2024 Earnings Conference Call July 25, 2024 9:00 AM ET Company Participants Greg Seward – General Counsel and Chief Risk Officer Chip Mahan – Chairman and Chie...

4 months ago - Seeking Alpha

Live Oak Bancshares, Inc. Reports Second Quarter 2024 Results

WILMINGTON, N.C., July 24, 2024 (GLOBE NEWSWIRE) -- Live Oak Bancshares, Inc. (NYSE: LOB) (“Live Oak” or “the Company”) today reported second quarter of 2024 net income of $27.0 million, or $0.59 per ...

4 months ago - GlobeNewsWire

Live Oak Bancshares, Inc. Announces Date of Second Quarter 2024 Financial Results

WILMINGTON, N.C., July 10, 2024 (GLOBE NEWSWIRE) -- Live Oak Bancshares, Inc. (“Live Oak”) (NYSE: LOB) today announced that it will report its second quarter 2024 financial results after U.S. financia...

4 months ago - GlobeNewsWire

Live Oak Bancshares Announces Michael J. Cairns to be Named as Chief Credit Officer as Steven J.

WILMINGTON, N.C., June 27, 2024 (GLOBE NEWSWIRE) -- Live Oak Bancshares announced today that its Board of Directors has appointed Michael J. Cairns as Chief Credit Officer, effective August 1, 2024. C...

5 months ago - GlobeNewsWire

Live Oak Bank Announces First Embedded Banking Partnership with Anatomy Financial, Inc.

Live Oak Bank has announced its first embedded banking partnership with Anatomy Financial Inc., an AI-powered financial automation solution for medical, de

6 months ago - GlobeNewsWire

Live Oak Bancshares, Inc. (LOB) Q1 2024 Earnings Call Transcript

Live Oak Bancshares, Inc. (NYSE:LOB) Q1 2024 Earnings Conference Call April 25, 2024 9:00 AM ET Company Participants Greg Seward - Chief Risk Officer and General Counsel James S. Mahan - Chairman and...

7 months ago - Seeking Alpha

Live Oak Bancshares, Inc. Reports First Quarter 2024 Results

WILMINGTON, N.C., April 24, 2024 (GLOBE NEWSWIRE) -- Live Oak Bancshares, Inc. (NYSE: LOB) (“Live Oak” or “the Company”) today reported first quarter of 2024 net income of $16.5 million, or $0.36 per ...

7 months ago - GlobeNewsWire

Live Oak Bancshares, Inc. Announces Date of First Quarter 2024 Financial Results

WILMINGTON, N.C., April 10, 2024 (GLOBE NEWSWIRE) -- Live Oak Bancshares, Inc. (“Live Oak”) (NYSE: LOB) today announced that it will report its first quarter 2024 financial results after U.S. financia...

8 months ago - GlobeNewsWire

Live Oak Ventures Participates in Financing of Anatomy Financial

WILMINGTON, N.C., Feb. 14, 2024 (GLOBE NEWSWIRE) -- Live Oak Ventures, the investment arm of Live Oak Bancshares, Inc., has announced an investment in Anatomy Financial, an AI-powered financial automa...

10 months ago - GlobeNewsWire

Live Oak Bancshares, Inc. (LOB) Q4 2023 Earnings Call Transcript

Live Oak Bancshares, Inc. (LOB) Q4 2023 Earnings Call Transcript

10 months ago - Seeking Alpha

Live Oak Bancshares, Inc. Reports Fourth Quarter 2023 Results

WILMINGTON, N.C., Jan. 24, 2024 (GLOBE NEWSWIRE) -- Live Oak Bancshares, Inc. (NYSE: LOB) (“Live Oak” or “the Company”) today reported fourth quarter of 2023 net income of $16.2 million, or $0.36 per ...

10 months ago - GlobeNewsWire

Live Oak Bancshares, Inc. Announces Date of Fourth Quarter 2023 Financial Results

WILMINGTON, N.C., Jan. 10, 2024 (GLOBE NEWSWIRE) -- Live Oak Bancshares, Inc. (“Live Oak”) (NYSE: LOB) today announced that it will report its fourth quarter 2023 financial results after U.S. financia...

11 months ago - GlobeNewsWire

Stiegler EdTech Announces Grant from Live Oak Bank to Expand its Newly Launched Varsity Esports & STEM League to Eastern NC

WILMINGTON, N.C. , Jan. 9, 2024 /PRNewswire/ -- Stiegler EdTech announced today that its latest Charlotte-based technology workforce program  Varsity Esports & STEM League (VESL) is expanding to Easte...

11 months ago - PRNewsWire

Live Oak Bancshares: Time For A Downgrade

Live Oak Bancshares has seen a significant increase in its stock price, leading to questions about whether it still offers strong upside or not. The bank has experienced improvements in its balance sh...

1 year ago - Seeking Alpha

Live Oak Bank Tops SBA's 100 Most Active 7(a) Lenders

WILMINGTON, N.C., Nov. 20, 2023 (GLOBE NEWSWIRE) -- Live Oak Bank has been named the most active SBA 7(a) lender by dollar amount by the U.S. Small Business Administration for the sixth year in a row.

1 year ago - GlobeNewsWire

Live Oak Bancshares Announces Executive Appointments, Including Walter J. Phifer Named as Chief Financial Officer

WILMINGTON, N.C., Nov. 14, 2023 (GLOBE NEWSWIRE) -- Live Oak Bancshares announced today that its Board of Directors has made several organizational appointments including naming a new Chief Financial ...

1 year ago - GlobeNewsWire

Live Oak Bancshares, Inc. (LOB) Q3 2023 Earnings Call Transcript

Live Oak Bancshares, Inc. (NYSE:LOB) Q3 2023 Earnings Conference Call October 26, 2023 9:00 AM ET Company Participants Greg Seward - General Counsel & Chief Risk Officer Chip Mahan - Chairman & Chief...

1 year ago - Seeking Alpha

Live Oak Bancshares, Inc. Reports Third Quarter 2023 Results

WILMINGTON, N.C., Oct. 25, 2023 (GLOBE NEWSWIRE) -- Live Oak Bancshares, Inc. (NYSE: LOB) (“Live Oak” or “the Company”) today reported third quarter of 2023 net income of $39.8 million, or $0.88 per d...

1 year ago - GlobeNewsWire