Live Oak Bancshares, Inc. (LOB)

NASDAQ: LOB · Delayed Price · USD
37.83
-1.20 (-3.07%)
At close: May 18, 2022 4:00 PM
39.03
1.20 (3.17%)
After-hours:May 18, 2022 4:53 PM EDT
Market Cap1.67B
Revenue (ttm)448.51M
Net Income (ttm)162.08M
Shares Out44.05M
EPS (ttm)3.59
PE Ratio10.54
Forward PEn/a
Dividend$0.12 (0.32%)
Ex-Dividend DateFeb 28, 2022
Volume511,369
Open38.95
Previous Close39.03
Day's Range37.53 - 39.84
52-Week Range36.84 - 99.89
Beta1.51
AnalystsBuy
Price Target55.08 (+45.6%)
Earnings DateApr 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...

IndustryBanks
IPO DateJul 23, 2015
Employees788
Stock ExchangeNASDAQ
Ticker SymbolLOB
Full Company Profile

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 Statements

Analyst 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.

Price Target
$55.08
(45.60% upside)
Analyst Consensus: Buy
Stock Forecasts

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.

Other symbols:ATCOCNO
3 days ago - Zacks Investment Research

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?

3 weeks ago - Zacks Investment Research

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 ...

3 weeks ago - GlobeNewsWire

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...

1 month ago - GlobeNewsWire

3 Top Bank Stocks You Can Buy Today

You don't want to miss out on these bank stocks when interest rates inevitably rise this year.

Other symbols:SISIVB
2 months ago - The Motley Fool

Live Oak Bancshares' Earnings May Normalize -- But There's a Much Bigger Opportunity Ahead

The tailwinds from the Paycheck Protection Program are winding down, but Live Oak looks better positioned than ever.

3 months ago - The Motley Fool

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.

3 months ago - GlobeNewsWire

Down 38% From Its High, Is This Fintech a Buy?

Growth stocks have gotten crushed in recent months, creating an opportunity to buy Live Oak Bancshares.

3 months ago - The Motley Fool

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?

3 months ago - Zacks Investment Research

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...

3 months ago - GlobeNewsWire

Don't Waste This Opportunity to Buy These 3 Bank Laggards

Despite witnessing huge sell-offs of late, bank stocks like Amerant (AMTB), Live Oak Bancshares (LOB) and Triumph Bancorp (TBK) will gain from impending rate hikes, a rise in loan demand and a strong ec...

Other symbols:AMTBTBK
3 months ago - Zacks Investment Research

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...

4 months ago - GlobeNewsWire

Posh Technologies Secures $27.5 Million in Series A Funding Led by Canapi Ventures

BOSTON--(BUSINESS WIRE)--Posh Technologies, a proprietary conversational AI platform serving financial services companies, today announced that it has raised $27.5 million in Series A funding. Canapi Ve...

5 months ago - Business Wire

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...

5 months ago - GlobeNewsWire

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.

5 months ago - Zacks Investment Research

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.

5 months ago - Zacks Investment Research

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.

6 months ago - GlobeNewsWire

1 Fintech Stock That Could Be a Future Dividend Superstar

This stock isn't exactly a high yielder -- yet.

6 months ago - The Motley Fool

1 Number That Shows Why Live Oak Bank Is Crushing the Competition

Live Oak Bank is the bank of choice for many small businesses, and this focus puts it at the top of the industry.

6 months ago - The Motley Fool

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.

6 months ago - The Motley Fool

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, ...

6 months ago - PRNewsWire

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 ...

6 months ago - Business Wire

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.

6 months ago - Zacks Investment Research

October Brought Nothing but Treats to Investors

These two stocks helped the market finish strongly for the month.

Other symbols:ATEN
6 months ago - The Motley Fool

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?

6 months ago - Zacks Investment Research