Live Oak Bancshares, Inc. (LOB)

Live Oak Bancshares Income Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Interest Income on Loans	866.29	830.58	744.84	623.67	418.55	347.74
Interest Income on Investments	80.38	77.89	67.53	64.61	25.93	13.48
Total Interest Income	946.66	908.47	812.37	688.28	444.47	361.21
Interest Paid on Deposits	456.77	453.41	430.89	340.21	115.04	59.74
Interest Paid on Borrowings	6.55	6.7	5.58	2.76	1.94	4.69
Total Interest Expense	463.32	460.11	436.47	342.97	116.97	64.43
Net Interest Income	483.34	448.36	375.91	345.31	327.5	296.79
Net Interest Income Growth	19.57%	19.27%	8.86%	5.44%	10.35%	52.41%
Gain (Loss) on Sale of Investments	4.22	5	0.02	-15.61	-12.86	41.57
Gain (Loss) on Sale of Equity Investments	21.6	17.39	-10.92	-5.99	144.25	-1.72
Other Non-Interest Income	44.52	42.7	70.85	75.69	46.1	45.63
Total Non-Interest Income	133.02	128.72	112.12	89.36	221.78	157.01
Non-Interest Income Growth	28.32%	14.81%	25.48%	-59.71%	41.25%	82.57%
Revenues Before Loan Losses	616.37	577.08	488.03	434.66	549.28	453.8
Provision for Loan Losses	89.99	96.3	96.21	51.32	40.94	15.21
Revenue	526.38	480.78	391.82	383.34	508.33	438.59
Revenue Growth	35.81%	22.71%	2.21%	-24.59%	15.90%	82.70%
Salaries and Employee Benefits	168.98	163.04	148.29	150.97	150.29	107.86
Federal Deposit Insurance	16.77	14.67	10.84	16.67	9.76	7.07
Selling, General & Administrative	120.78	123.54	113.8	100.91	105.96	88.96
Other Non-Interest Expense	32.67	33.91	29.67	31.96	32.01	23.91
Total Non-Interest Expense	339.2	335.16	302.58	300.51	298.01	227.8
EBT Excluding Unusual Items	187.18	145.62	89.24	82.83	210.32	210.79
Other Unusual Items	-2.8	-2.8	-	-	-	-
Pretax Income	184.38	142.82	89.24	82.83	210.32	210.79
Income Tax Expense	45.14	37.17	11.82	8.93	34.12	43.79
Earnings From Continuing Operations	139.24	105.64	77.42	73.9	176.21	167
Minority Interest in Earnings	0.32	0.23	0.06	-	-	-
Net Income	139.56	105.87	77.47	73.9	176.21	167
Preferred Dividends & Other Adjustments	7.24	3.05	-	-	-	-
Net Income to Common	132.33	102.82	77.47	73.9	176.21	167
Net Income Growth	136.00%	32.72%	4.84%	-58.06%	5.52%	180.46%
Basic Shares Outstanding	46	46	45	44	44	43
Diluted Shares Outstanding	46	46	46	45	45	45
Shares Change	1.01%	0.49%	1.61%	0.42%	-0.37%	7.90%
EPS (Basic)	2.88	2.25	1.72	1.67	4.02	3.87
EPS (Diluted)	2.86	2.23	1.69	1.64	3.92	3.71
EPS Growth	135.42%	31.95%	3.05%	-58.16%	5.66%	159.44%

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Dividend Per Share	0.120	0.120	0.120	0.120	0.120	0.120
Dividend Growth	0%	0%	0%	0%	0%	0%
Effective Tax Rate	24.48%	26.03%	13.24%	10.78%	16.22%	20.78%

SEC Filings: 10-K · 10-Q

Data Source: S&P Global Market Intelligence Last updated: May 5, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Aug 12, 2026

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