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