Live Oak Bancshares, Inc. (LOB)

Live Oak Bancshares Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Interest Income	404.23	375.91	345.31	327.5	296.79	194.72
Net Interest Income Growth	12.16%	8.86%	5.44%	10.35%	52.41%	39.01%
Non-Interest Income	123.63	123.78	111.73	237.99	160.2	86
Non-Interest Income Growth	-3.60%	10.78%	-53.05%	48.56%	86.28%	35.39%
Revenues Before Loan Losses	527.86	499.69	457.04	565.49	456.99	280.72
Provision for Credit Losses	120.3	96.21	51.32	40.94	15.21	40.66
Revenue	407.56	403.47	405.72	524.55	441.78	240.07
Revenue Growth (YoY)	-7.64%	-0.55%	-22.66%	18.74%	84.02%	27.43%
Total Non-Interest Expense	332.16	314.24	322.89	314.23	230.99	192.68
Pretax Income	75.4	89.24	82.83	210.32	210.79	47.39
Provision for Income Taxes	19.48	11.82	8.93	34.12	43.79	-12.15
Net Income	55.92	77.47	73.9	176.21	167	59.54
Minority Interest in Earnings	-	-0.06	-	-	-	-
Net Income to Common	55.92	77.47	73.9	176.21	167	59.54
Net Income Growth	-49.39%	4.84%	-58.06%	5.52%	180.46%	230.17%
Shares Outstanding (Basic)	45	45	44	44	43	41
Shares Outstanding (Diluted)	46	46	45	45	45	42
Shares Change (YoY)	1.56%	1.61%	0.42%	-0.37%	7.90%	1.75%
EPS (Basic)	1.22	1.72	1.67	4.02	3.87	1.46
EPS (Diluted)	1.21	1.69	1.64	3.92	3.71	1.43
EPS Growth	-50.21%	3.05%	-58.16%	5.66%	159.44%	225.00%
Free Cash Flow	660.7	487.16	573.23	80.73	-122.8	-281.99
Free Cash Flow Growth	35.62%	-15.02%	610.03%	-	-	-
Free Cash Flow Per Share	14.39	10.63	12.71	1.80	-2.72	-6.75
Dividends Per Share	0.120	0.120	0.120	0.120	0.120	0.120
Profit Margin	13.72%	19.19%	18.21%	33.59%	37.80%	24.80%
FCF Margin	162.11%	120.74%	141.29%	15.39%	-27.80%	-117.46%
EBITDA	26.26	22.56	21.28	24.2	27.83	25.05
EBITDA Margin	6.44%	5.59%	5.24%	4.61%	6.30%	10.43%
Effective Tax Rate	25.84%	13.24%	10.78%	16.22%	20.78%	-25.65%

Updated Jun 30, 2025. Data Source: Fiscal.ai. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q