Live Oak Bancshares, Inc. (LOB)

Market Cap	1.77B
Revenue (ttm)	405.74M
Net Income (ttm)	83.74M
Shares Out	45.19M
EPS (ttm)	1.84
PE Ratio	21.27
Forward PE	16.23
Dividend	$0.12 (0.31%)
Ex-Dividend Date	Dec 2, 2024

Volume	521,608
Open	38.27
Previous Close	38.65
Day's Range	37.83 - 40.02
52-Week Range	31.03 - 50.57
Beta	1.67
Analysts	Buy
Price Target	45.67 (+16.59%)
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...

• Industry: Banks - Regional
• Sector: Financials
• IPO Date: Jul 23, 2015
• Employees: 961
• Stock Exchange: NYSE
• Ticker Symbol: LOB
• Website: https://www.liveoakbank.com

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%.

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 an increase of 16.59% from the latest price.

Price Target

$45.67

(16.59% upside)

Analyst Consensus: Buy