Live Oak Bancshares, Inc. (LOB)
| Market Cap | 1.67B |
| Revenue (ttm) | 448.51M |
| Net Income (ttm) | 162.08M |
| Shares Out | 44.05M |
| EPS (ttm) | 3.59 |
| PE Ratio | 10.54 |
| Forward PE | n/a |
| Dividend | $0.12 (0.32%) |
| Ex-Dividend Date | Feb 28, 2022 |
| Volume | 511,369 |
| Open | 38.95 |
| Previous Close | 39.03 |
| Day's Range | 37.53 - 39.84 |
| 52-Week Range | 36.84 - 99.89 |
| Beta | 1.51 |
| Analysts | Buy |
| Price Target | 55.08 (+45.6%) |
| Earnings Date | Apr 27, 2022 |
About LOB
Live Oak Bancshares, Inc. operates as the bank holding company for Live Oak Banking Company that provides various commercial banking products and services to individuals, small businesses, and professionals in North Carolina, the United States. 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 commerci...
Financial Performance
In 2021, LOB's revenue was $441.78 million, an increase of 84.02% compared to the previous year's $240.07 million. Earnings were $167.00 million, an increase of 180.46%.
Financial StatementsAnalyst Forecast
According to 9 analysts, the average rating for LOB stock is "Buy." The 12-month stock price forecast is 55.08, which is an increase of 45.60% from the latest price.
News
New Strong Sell Stocks for May 16th
ATCO, CNO, and LOB have been added to the Zacks Rank #5 (Strong Sell) List on May 16, 2022.
Live Oak Bancshares (LOB) Beats Q1 Earnings and Revenue Estimates
Live Oak Bancshares (LOB) delivered earnings and revenue surprises of 8.57% and 4.05%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?
Live Oak Bancshares, Inc. Reports First Quarter 2022 Results
WILMINGTON, N.C., April 27, 2022 (GLOBE NEWSWIRE) -- Live Oak Bancshares, Inc. (Nasdaq: LOB) (“Live Oak” or “the Company”) today reported first quarter of 2022 net income of $34.5 million, or $0.76 per ...
Live Oak Bancshares, Inc. Announces Date of First Quarter 2022 Financial Results
WILMINGTON, N.C., April 13, 2022 (GLOBE NEWSWIRE) -- Live Oak Bancshares, Inc. (“Live Oak”) (Nasdaq: LOB) today announced that it will report its first quarter 2022 financial results after U.S. financia...
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Live Oak Bank Expands Embedded Banking Team
WILMINGTON, N.C., Feb. 15, 2022 (GLOBE NEWSWIRE) -- Live Oak Bank announced today that Jake Tupa will lead the organization's embedded banking efforts.
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Live Oak Bancshares (LOB) Misses Q4 Earnings Estimates
Live Oak Bancshares (LOB) delivered earnings and revenue surprises of -9.59% and 5.68%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?
Live Oak Bancshares, Inc. Reports Fourth Quarter 2021 Results
WILMINGTON, N.C., Jan. 25, 2022 (GLOBE NEWSWIRE) -- Live Oak Bancshares, Inc. (Nasdaq: LOB) (“Live Oak” or “the Company”) today reported fourth quarter 2021 net earnings available to common shareholders...
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Live Oak Bancshares, Inc. Announces Date of Fourth Quarter 2021 Financial Results
WILMINGTON, N.C., Jan. 11, 2022 (GLOBE NEWSWIRE) -- Live Oak Bancshares, Inc. (“Live Oak”) (Nasdaq: LOB) today announced that it will report its fourth quarter 2021 financial results after U.S. financia...
Posh Technologies Secures $27.5 Million in Series A Funding Led by Canapi Ventures
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Live Oak Bank Named 2021 Greenwich CX Leader for Redefining Customer Interactions
WILMINGTON, N.C., Dec. 08, 2021 (GLOBE NEWSWIRE) -- Live Oak Bank has been named a 2021 Greenwich CX Leader in the U.S. Commercial Small Business Banking category by Coalition Greenwich. The Greenwich C...
What Makes Live Oak Bancshares (LOB) a Strong Momentum Stock: Buy Now?
Does Live Oak Bancshares (LOB) have what it takes to be a top stock pick for momentum investors? Let's find out.
Live Oak Bancshares (LOB) Upgraded to Buy: Here's Why
Live Oak Bancshares (LOB) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Live Oak Bank Named Top 2021 USDA Business & Industry Lender
WILMINGTON, N.C., Nov. 17, 2021 (GLOBE NEWSWIRE) -- Live Oak Bank has been named the leading 2021 U.S. Department of Agriculture lender by volume for its Business & Industry (B&I) guaranteed loan program.
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1 Number That Shows Why Live Oak Bank Is Crushing the Competition
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This Stock Has Transformed Into a Burgeoning Fintech Company
Prior to the pandemic, Live Oak Bancshares was very much valued as a bank. Now, it's a different story.
Summit Ridge Energy and Osaka Gas Reach Solar Milestones in Maine
ARLINGTON, Va., Nov. 4, 2021 /PRNewswire/ -- Summit Ridge Energy ("SRE") announced today the completion of the first project in their 200 MW Maine community solar portfolio, a 6.3 MWdc array in Hermon, ...
Neuro-ID Secures $35M in Series B Funding Led by Canapi Ventures to Further Capitalize on Expanding Behavioral Analyt...
WHITEFISH, Mont.--(BUSINESS WIRE)--Neuro-ID today announced that it has raised $35 million in Series B funding led by Canapi Ventures. Existing investors Fin VC and TTV Capital also participated in the ...
Live Oak Bancshares (LOB) Is Up 22.37% in One Week: What You Should Know
Does Live Oak Bancshares (LOB) have what it takes to be a top stock pick for momentum investors? Let's find out.
October Brought Nothing but Treats to Investors
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Live Oak Bancshares (LOB) Q3 Earnings and Revenues Surpass Estimates
Live Oak Bancshares (LOB) delivered earnings and revenue surprises of 13.43% and 3.92%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?