Live Oak Bancshares Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	467.23	448.36	375.91	345.31	327.5	296.79
Net Interest Income Growth	20.94%	19.27%	8.86%	5.44%	10.35%	52.41%
Non-Interest Income	129.95	129.46	112.65	104	237.99	160.2
Non-Interest Income Growth	8.24%	14.92%	8.32%	-56.30%	48.56%	86.28%
Revenues Before Loan Losses	597.18	577.82	488.56	449.31	565.49	456.99
Provision for Credit Losses	87.44	96.3	96.21	51.32	40.94	15.21
Revenue	509.74	481.51	392.35	397.98	524.55	441.78
Revenue Growth (YoY)	28.21%	22.73%	-1.42%	-24.13%	18.74%	84.02%
Compensation Expenses	190.78	189.44	174.71	169.09	170.82	124.93
Selling, General & Admin	94.81	97.14	87.37	82.79	85.42	71.89
Other Non-Interest Expenses	54.39	52.12	41.03	63.27	57.98	34.17
Total Non-Interest Expense	339.97	338.7	303.11	315.15	314.23	230.99
Pretax Income	169.76	142.82	89.24	82.83	210.32	210.79
Provision for Income Taxes	43.84	37.17	11.82	8.93	34.12	43.79
Net Income	121.05	102.82	77.47	73.9	176.21	167
Minority Interest in Earnings	-0.27	-0.23	-0.06	-	-	-
Net Income Attributable to Preferred Dividends	5.14	3.05	-	-	-	-
Net Income to Common	121.05	102.82	77.47	73.9	176.21	167
Net Income Growth	103.09%	32.72%	4.84%	-58.06%	5.52%	180.46%
Shares Outstanding (Basic)	46	46	45	44	44	43
Shares Outstanding (Diluted)	46	46	46	45	45	45
Shares Change (YoY)	0.78%	0.49%	1.61%	0.42%	-0.37%	7.90%
EPS (Basic)	2.64	2.25	1.72	1.67	4.02	3.87
EPS (Diluted)	2.61	2.23	1.69	1.64	3.92	3.71
EPS Growth	100.77%	31.95%	3.05%	-58.16%	5.66%	159.44%
Shares Outstanding	46.24	46.03	45.36	44.62	44.06	43.62
Free Cash Flow	126.14	143.49	107.47	138.06	-344.5	-122.8
Free Cash Flow Growth	-12.09%	33.51%	-22.15%	-	-	-
Free Cash Flow Per Share	2.73	3.12	2.35	3.06	-7.67	-2.72
Dividends Per Share	0.120	0.120	0.120	0.120	0.120	0.120
Profit Margin	24.70%	21.94%	19.73%	18.57%	33.59%	37.80%
FCF Margin	24.75%	29.80%	27.39%	34.69%	-65.67%	-27.80%
EBITDA	30.36	30.4	23.28	21.27	20.78	21.37
EBITDA Margin	5.96%	6.31%	5.93%	5.34%	3.96%	4.84%
Effective Tax Rate	25.83%	26.03%	13.24%	10.78%	16.22%	20.78%

Updated May 5, 2026. Data Source: Fiscal.ai. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q