Live Oak Bancshares, Inc. (LOB)

NYSE: LOB · Real-Time Price · USD
31.99
-0.87 (-2.65%)
Feb 21, 2025, 4:00 PM EST - Market closed
-2.65%
Market Cap 1.45B
Revenue (ttm) 402.94M
Net Income (ttm) 77.47M
Shares Out 45.36M
EPS (ttm) 1.69
PE Ratio 18.93
Forward PE 13.44
Dividend $0.12 (0.38%)
Ex-Dividend Date Feb 25, 2025
Volume 197,625
Open 33.42
Previous Close 32.86
Day's Range 31.86 - 33.42
52-Week Range 31.03 - 50.57
Beta 1.67
Analysts Buy
Price Target 44.75 (+39.89%)
Earnings Date Jan 22, 2025

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 2024, Live Oak Bancshares's revenue was $402.94 million, an increase of 3.04% compared to the previous year's $391.07 million. Earnings were $77.47 million, an increase of 4.84%.

Financial Statements

Analyst Forecast

According to 4 analysts, the average rating for LOB stock is "Buy." The 12-month stock price forecast is $44.75, which is an increase of 39.89% from the latest price.

Price Target
$44.75
(39.89% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Live Oak Bancshares: Originations Reach Record Levels, But Net Charge-Offs Increase

Live Oak Bancshares' Q4 2024 results show mixed performance with high net charge-offs and expensive deposits, despite strong loan originations and increased deposits. The bank's cost of funds remains ...

4 weeks ago - Seeking Alpha

Live Oak Bancshares, Inc. (LOB) Q4 2024 Earnings Call Transcript

Live Oak Bancshares, Inc. (NYSE:LOB) Q4 2024 Earnings Conference Call January 23, 2024 9:00 AM ET Company Participants Claire Parker - Head of Investor Relations Chip Mahan - Chairman & Chief Executi...

4 weeks ago - Seeking Alpha

Live Oak Bancshares, Inc. Reports Fourth Quarter 2024 Results

WILMINGTON, N.C., Jan. 22, 2025 (GLOBE NEWSWIRE) -- Live Oak Bancshares, Inc. (NYSE: LOB) (“Live Oak” or “the Company”) today reported fourth quarter of 2024 net income attributable to the Company of ...

4 weeks ago - GlobeNewsWire

Live Oak Ventures Participates in Financing of Sunbound, Inc.

WILMINGTON, N.C., Dec. 04, 2024 (GLOBE NEWSWIRE) -- Live Oak Ventures, the investment arm of Live Oak Bancshares, Inc., has announced an investment in Sunbound Inc., a provider of automated financial ...

2 months ago - GlobeNewsWire

Sunbound Expands Reach with Live Oak Ventures Investment, Supporting Growth in Senior Living Sector

New Partnership to Fuel Financial Innovations, Delivering Flexible Solutions to Operators and Families WASHINGTON, Dec. 4, 2024 /PRNewswire/ -- Sunbound, a leader in finance solutions for senior livin...

2 months ago - PRNewsWire

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...

3 months 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...

4 months 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...

4 months 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 months 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 months 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...

4 months 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...

7 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...

7 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 ...

7 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...

8 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...

8 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

9 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...

10 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 ...

10 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...

11 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...

1 year ago - GlobeNewsWire

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

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

1 year 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 ...

1 year 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...

1 year 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...

1 year ago - PRNewsWire