Live Oak Bancshares, Inc. (LOB)

Live Oak Bancshares Cash Flow Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	77.47	73.9	176.21	167	59.54
Depreciation & Amortization	23.28	21.27	20.78	21.37	21.69
Gain (Loss) on Sale of Assets	-9.22	-3.28	0.01	-0.94	0.06
Gain (Loss) on Sale of Investments	-0.74	15.62	16.28	-35.1	-13.43
Total Asset Writedown	-	0.5	-	0.9	1.26
Provision for Credit Losses	96.21	51.32	40.94	15.21	40.66
Net Decrease (Increase) in Loans Originated / Sold - Operating	393.79	485.72	25.7	-271.95	-307.76
Change in Other Net Operating Assets	5.88	39.47	-22.06	2.08	-62.26
Other Operating Activities	-25.12	-44.3	34.29	25.25	-15.84
Operating Cash Flow	536.47	620.07	124.49	-119.72	-261
Operating Cash Flow Growth	-13.48%	398.11%	-	-	-
Capital Expenditures	-49.31	-46.84	-43.75	-3.08	-20.99
Sale of Property, Plant and Equipment	44.64	18.69	-	9.07	9.07
Cash Acquisitions	-	-	-	-	-0.9
Investment in Securities	-130.41	-120.69	-131.56	-171.4	-197.91
Income (Loss) Equity Investments	10.92	5.99	-144.25	1.72	14.69
Net Decrease (Increase) in Loans Originated / Sold - Investing	-1,952	-1,626	-1,269	8.82	-2,414
Other Investing Activities	8.32	-	1.84	6.79	5.28
Investing Cash Flow	-2,079	-1,775	-1,442	-149.8	-2,619
Long-Term Debt Issued	99.7	2,906	62.1	602.85	1,828
Total Debt Issued	99.7	2,906	62.1	602.85	1,828
Long-Term Debt Repaid	-10.24	-2,966	-297.18	-1,827	-285.95
Total Debt Repaid	-10.24	-2,966	-297.18	-1,827	-285.95
Net Debt Issued (Repaid)	89.47	-59.85	-235.09	-1,224	1,542
Issuance of Common Stock	3.76	2.56	3.19	4.83	3.59
Repurchase of Common Stock	-8.93	-6.73	-4.97	-20.1	-49.23
Common Dividends Paid	-5.41	-5.33	-5.27	-5.19	-4.91
Net Increase (Decrease) in Deposit Accounts	1,485	1,390	1,773	1,399	1,486
Other Financing Activities	4.52	-	-	-	-
Financing Cash Flow	1,569	1,321	1,531	154.95	2,977
Net Cash Flow	26.26	165.9	212.89	-114.57	96.92
Free Cash Flow	487.16	573.23	80.73	-122.8	-281.99
Free Cash Flow Growth	-15.02%	610.03%	-	-	-
Free Cash Flow Margin	120.90%	146.58%	15.88%	-28.00%	-117.46%
Free Cash Flow Per Share	10.63	12.71	1.80	-2.73	-6.75
Cash Interest Paid	436.85	342.77	117.52	66.84	91.8
Cash Income Tax Paid	38.91	5.3	24.71	19.72	11.49

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q