Live Oak Bancshares, Inc. (LOB)

NYSE: LOB · IEX Real-Time Price · USD
36.78
+0.57 (1.57%)
May 17, 2024, 4:00 PM EDT - Market closed
1.57%
Market Cap 1.65B
Revenue (ttm) 422.98M
Net Income (ttm) 101.09M
Shares Out 44.97M
EPS (ttm) 2.23
PE Ratio 16.49
Forward PE 16.03
Dividend $0.12 (0.33%)
Ex-Dividend Date Feb 26, 2024
Volume 77,397
Open 36.34
Previous Close 36.21
Day's Range 36.06 - 36.78
52-Week Range 21.55 - 47.22
Beta 1.63
Analysts Buy
Price Target 42.00 (+14.19%)
Earnings Date Apr 24, 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]

Sector Financials
IPO Date Jul 23, 2015
Employees 961
Stock Exchange NYSE
Ticker Symbol LOB
Full Company Profile

Financial Performance

In 2023, LOB's revenue was $405.72 million, a decrease of -22.65% compared to the previous year's $524.55 million. Earnings were $73.90 million, a decrease of -58.06%.

Financial Statements

Analyst Forecast

According to 5 analysts, the average rating for LOB stock is "Buy." The 12-month stock price forecast is $42.0, which is an increase of 14.19% from the latest price.

Price Target
$42.0
(14.19% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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 ...

24 days 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...

5 weeks 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...

3 months ago - GlobeNewsWire

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 ...

4 months 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...

4 months 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...

4 months ago - PRNewsWire

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.

6 months ago - GlobeNewsWire

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 ...

6 months ago - GlobeNewsWire

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...

7 months ago - GlobeNewsWire

Live Oak Bancshares, Inc. Announces Date of Third Quarter 2023 Financial Results

WILMINGTON, N.C., Oct. 11, 2023 (GLOBE NEWSWIRE) -- Live Oak Bancshares, Inc. (“Live Oak”) (NYSE: LOB) today announced that it will report its third quarter 2023 financial results after U.S. financial...

7 months ago - GlobeNewsWire

LaSalle St. Establishes Relationship with Live Oak Bank

Additional Funding Source Will Accelerate Growth Objectives for Firm and Affiliated Advisors CHICAGO , Sept. 19, 2023 /PRNewswire/ -- LaSalle St., a family of wealth management firms encompassing an i...

8 months ago - PRNewsWire

Live Oak Bank Names William C. (BJ) Losch, III as President

WILMINGTON, N.C., Aug. 25, 2023 (GLOBE NEWSWIRE) -- Live Oak Bancshares (“Live Oak” or the “company”) announced today its Board of Directors has appointed William C. (BJ) Losch, III as President of Li...

9 months ago - GlobeNewsWire

DynamoFL Raises $15.1M Series A to Scale Privacy-Focused Generative AI for the Enterprise

Canapi Ventures and Nexus Venture Partners lead round to help company meet demand for LLM solutions that can safely train on sensitive, internal data SAN FRANCISCO , Aug. 16, 2023 /PRNewswire/ --  Dyn...

9 months ago - PRNewsWire

10 regional banks expected to buck a weak industry trend

Bank stocks took a pounding on Tuesday, after Moody's downgraded its credit ratings for several smaller regional banks and put six larger players on review for possible downgrades. Below is a screen o...

10 months ago - Market Watch

Live Oak Bancshares, Inc. Reports Second Quarter 2023 Results

WILMINGTON, N.C., July 25, 2023 (GLOBE NEWSWIRE) -- Live Oak Bancshares, Inc. (NYSE: LOB) (“Live Oak” or “the Company”) today reported second quarter of 2023 net income of $17.5 million, or $0.39 per ...

10 months ago - GlobeNewsWire

Live Oak Bancshares, Inc. Announces Date of Second Quarter 2023 Financial Results

WILMINGTON, N.C., July 11, 2023 (GLOBE NEWSWIRE) -- Live Oak Bancshares, Inc. (“Live Oak”) (NYSE: LOB) today announced that it will report its second quarter 2023 financial results after U.S. financia...

11 months ago - GlobeNewsWire

Live Oak Bancshares, Inc. Reports First Quarter 2023 Results

WILMINGTON, N.C., April 26, 2023 (GLOBE NEWSWIRE) -- Live Oak Bancshares, Inc. (NYSE: LOB) (“Live Oak” or “the Company”) today reported first quarter of 2023 net income of $398 thousand, or $0.01 per ...

1 year ago - GlobeNewsWire

4 Small-Cap Stocks to Consider Amid the Downturn

Small-caps have been decimated these past two weeks. It's opened up some fertile ground for bargain-hunters.

Other symbols: AGMDARVIRT
1 year ago - Barrons

Live Oak Ventures Participates in Series Seed Financing of Pharmacy Marketplace

WILMINGTON, N.C., March 08, 2023 (GLOBE NEWSWIRE) -- Live Oak Ventures, the investment arm of Live Oak Bancshares, Inc., has announced an investment in Pharmacy Marketplace, a software platform create...

1 year ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire

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.

1 year ago - GlobeNewsWire