Live Oak Bancshares, Inc. (LOB)
Market Cap | 1.62B |
Revenue (ttm) | 546.72M |
Net Income (ttm) | 204.56M |
Shares Out | 43.98M |
EPS (ttm) | 4.54 |
PE Ratio | 8.10 |
Forward PE | n/a |
Dividend | $0.12 (0.33%) |
Ex-Dividend Date | Nov 28, 2022 |
Volume | 232,535 |
Open | 36.48 |
Previous Close | 37.05 |
Day's Range | 36.23 - 37.77 |
52-Week Range | 27.50 - 67.24 |
Beta | 1.49 |
Analysts | Sell |
Price Target | 34.68 (-5.74%) |
Earnings Date | Jan 26, 2023 |
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... [Read more]
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 12 analysts, the average rating for LOB stock is "Sell." The 12-month stock price forecast is $34.68, which is a decrease of -5.74% from the latest price.
News

Live Oak Bank's Voice of the Customer Survey Offers In-Depth Analysis of Customer Sentiment
WILMINGTON, N.C., Jan. 31, 2023 (GLOBE NEWSWIRE) -- Live Oak Bank has released its first Voice of the Customer survey, powered by Barlow Research Associates, to deliver insights, industry benchmarks a...

Live Oak Bancshares (LOB) Q4 Earnings and Revenues Lag Estimates
Live Oak Bancshares (LOB) delivered earnings and revenue surprises of -90% and 5.90%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Live Oak Bancshares, Inc. Reports Fourth Quarter 2022 Results
WILMINGTON, N.C., Jan. 25, 2023 (GLOBE NEWSWIRE) -- Live Oak Bancshares, Inc. (NYSE: LOB) (“Live Oak” or “the Company”) today reported fourth quarter of 2022 net income of $1.8 million, or $0.04 per d...

Live Oak Bancshares, Inc. Announces Date of Fourth Quarter 2022 Financial Results
WILMINGTON, N.C., Jan. 11, 2023 (GLOBE NEWSWIRE) -- Live Oak Bancshares, Inc. (“Live Oak”) (NYSE: LOB) today announced that it will report its fourth quarter 2022 financial results after U.S. financia...

Live Oak Bancshares, Inc. Announces Transfer of Listing of Voting Common Stock to the New York Stock Exchange
WILMINGTON, N.C., Dec. 02, 2022 (GLOBE NEWSWIRE) -- Live Oak Bancshares, Inc. (Nasdaq: LOB) announced today that it is transferring the listing of its voting common stock to the New York Stock Exchang...

Live Oak Bancshares (LOB) Q3 Earnings and Revenues Surpass Estimates
Live Oak Bancshares (LOB) delivered earnings and revenue surprises of 113.33% and 34.06%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock...

Live Oak Bancshares, Inc. Reports Third Quarter 2022 Results
WILMINGTON, N.C., Oct. 26, 2022 (GLOBE NEWSWIRE) -- Live Oak Bancshares, Inc. (Nasdaq: LOB) (“Live Oak” or “the Company”) today reported third quarter of 2022 net income of $42.9 million, or $0.96 per...

Live Oak Bancshares (LOB) Expected to Beat Earnings Estimates: Should You Buy?
Live Oak Bancshares (LOB) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Live Oak Bank Tops SBA's 100 Most Active 7(A) Lenders
WILMINGTON, N.C., Oct. 14, 2022 (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 fifth year in a row.

Live Oak Bancshares, Inc. Announces Date of Third Quarter 2022 Financial Results
WILMINGTON, N.C., Oct. 12, 2022 (GLOBE NEWSWIRE) -- Live Oak Bancshares, Inc. (“Live Oak”) (Nasdaq: LOB) today announced that it will report its third quarter 2022 financial results after U.S. financi...

Elpha Secure Raises $20 Million in Series A Funding Led by Canapi Ventures
NEW YORK--(BUSINESS WIRE)--Elpha Secure Technology Inc., the first cyber insurance startup to combine proprietary cybersecurity software with coverage to improve risk transfer, has completed a $20 mil...

Live Oak Bancshares Appoints Yousef A. Valine to Board of Directors
WILMINGTON, N.C., Sept. 19, 2022 (GLOBE NEWSWIRE) -- Live Oak Bancshares announced the appointment of Yousef A. Valine to its board of directors effective September 15, 2022. Valine has also been appo...

Live Oak Bank to Expand Workforce to Support Its Mission to Be America's Small Business Bank
WILMINGTON, N.C., Sept. 07, 2022 (GLOBE NEWSWIRE) -- Live Oak Bank commits to adding 204 jobs over the next five years and investing $25 million in campus expansions thanks in part to three investment...

Live Oak Bank Announces Lending Partnership with Ramp
WILMINGTON, N.C., Sept. 07, 2022 (GLOBE NEWSWIRE) -- Live Oak Bank announces it has been named a small business lending partner for Ramp, the finance automation platform and corporate card designed to...

Live Oak Ventures Exits Payrailz Continuing Its Investment Momentum
WILMINGTON, N.C., Sept. 06, 2022 (GLOBE NEWSWIRE) -- Live Oak Ventures has exited its investment in Payrailz, LLC (Payrailz) a digital payments platform, recently acquired by Jack Henry & Associates, ...

Live Oak Bank Expands SBA General Lending Team to Deliver Financial Solutions for America's Small Businesses
WILMINGTON, N.C., Sept. 01, 2022 (GLOBE NEWSWIRE) -- Live Oak Bank, a subsidiary of Live Oak Bancshares, announces 10 accomplished lenders have joined the bank's General Small Business Administration ...

CVE North America and Live Oak Bank close permanent debt financing of two more community solar farms in Massachusetts
NEW YORK , Aug. 3, 2022 /PRNewswire/ -- CVE North America ("CVE") and Live Oak Bank ("Live Oak") have successfully closed a permanent debt financing of approximately $6.6MM for two Acushnet, MA projec...

Live Oak Bancshares (LOB) Q2 Earnings and Revenues Top Estimates
Live Oak Bancshares (LOB) delivered earnings and revenue surprises of 323.53% and 112.95%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Live Oak Bancshares, Inc. Reports Second Quarter 2022 Results
WILMINGTON, N.C., July 27, 2022 (GLOBE NEWSWIRE) -- Live Oak Bancshares, Inc. (Nasdaq: LOB) (“Live Oak” or “the Company”) today reported second quarter of 2022 net income of $97.0 million, or $2.16 pe...

Live Oak Bank Employees Assemble 3,000 Hygiene Kits for Local Wilmington Community
WILMINGTON, N.C., July 22, 2022 (GLOBE NEWSWIRE) -- Live Oak Bank employees packed 3,000 hygiene kits to benefit local shelters, women's centers, and hurricane relief.

Live Oak Bancshares Appoints Casey S. Crawford to Board of Directors
WILMINGTON, N.C., July 20, 2022 (GLOBE NEWSWIRE) -- Live Oak Bancshares announced the appointment of Casey S. Crawford to its board of directors effective today. Crawford has also been appointed to th...

Live Oak Bancshares, Inc. Announces Date of Second Quarter 2022 Financial Results
WILMINGTON, N.C., July 13, 2022 (GLOBE NEWSWIRE) -- Live Oak Bancshares, Inc. (“Live Oak”) (Nasdaq: LOB) today announced that it will report its second quarter 2022 financial results after U.S. financ...

Earnings Preview: Live Oak Bancshares (LOB) Q2 Earnings Expected to Decline
Live Oak Bancshares (LOB) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Live Oak Ventures Participates in Series A Financing of Asset Class
WILMINGTON, N.C., July 11, 2022 (GLOBE NEWSWIRE) -- Live Oak Ventures, the investment arm of Live Oak Bancshares, Inc., has announced an investment in Asset Class, a Dublin-based fintech that provides...

Asset Class Secures $11.6 Million Series A Funding Led By Canapi Ventures to Help Democratize Private Capital Investing
DUBLIN--(BUSINESS WIRE)-- #asset--Asset Class completes series A round of $11.6M to fuel expansion as private funds continue to digitize all aspects of their business.