Live Oak Bancshares Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Interest Income	448.36	375.91	345.31	327.5	296.79
Net Interest Income Growth	19.27%	8.86%	5.44%	10.35%	52.41%
Non-Interest Income	129.46	112.65	104	237.99	160.2
Non-Interest Income Growth	14.92%	8.32%	-56.30%	48.56%	86.28%
Revenues Before Loan Losses	577.82	488.56	449.31	565.49	456.99
Provision for Credit Losses	96.3	96.21	51.32	40.94	15.21
Revenue	481.51	392.35	397.98	524.55	441.78
Revenue Growth (YoY)	22.73%	-1.42%	-24.13%	18.74%	84.02%
Compensation Expenses	189.44	174.71	169.09	170.82	124.93
Selling, General & Admin	97.14	87.37	82.79	85.42	71.89
Other Non-Interest Expenses	52.12	41.03	63.27	57.98	34.17
Total Non-Interest Expense	338.7	303.11	315.15	314.23	230.99
Pretax Income	142.82	89.24	82.83	210.32	210.79
Provision for Income Taxes	37.17	11.82	8.93	34.12	43.79
Net Income	208.69	154.95	147.8	176.21	167
Minority Interest in Earnings	0.23	0.06	-	-	-
Net Income Attributable to Preferred Dividends	3.05	-	-	-	-
Net Income to Common	208.69	154.95	147.8	176.21	167
Net Income Growth	34.69%	4.84%	-16.12%	5.52%	180.46%
Shares Outstanding (Basic)	46	45	44	44	43
Shares Outstanding (Diluted)	46	46	45	45	45
Shares Change (YoY)	0.49%	1.61%	0.42%	-0.37%	7.90%
EPS (Basic)	2.25	1.72	1.67	4.02	3.87
EPS (Diluted)	2.23	1.69	1.64	3.92	3.71
EPS Growth	31.95%	3.05%	-58.16%	5.66%	159.44%
Free Cash Flow	143.49	107.47	138.06	-344.5	-122.8
Free Cash Flow Growth	33.51%	-22.15%	-	-	-
Free Cash Flow Per Share	3.12	2.35	3.06	-7.67	-2.72
Dividends Per Share	0.120	0.120	0.120	0.120	0.120
Profit Margin	21.94%	19.73%	18.57%	33.59%	37.80%
FCF Margin	29.80%	27.39%	34.69%	-65.67%	-27.80%
EBITDA	30.4	23.28	21.27	20.78	21.37
EBITDA Margin	6.31%	5.93%	5.34%	3.96%	4.84%
Effective Tax Rate	26.03%	13.24%	10.78%	16.22%	20.78%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q