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	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Interest Income on Loans	891.96	830.58	744.84	623.67	418.55	347.74
Interest Income on Investments	82.76	77.89	67.53	64.61	25.93	13.48
Total Interest Income	974.71	908.47	812.37	688.28	444.47	361.21
Interest Paid on Deposits	467.35	453.41	430.89	340.21	115.04	59.74
Interest Paid on Borrowings	6.49	6.7	5.58	2.76	1.94	4.69
Total Interest Expense	473.85	460.11	436.47	342.97	116.97	64.43
Net Interest Income	500.87	448.36	375.91	345.31	327.5	296.79
Net Interest Income Growth	18.49%	19.27%	8.86%	5.44%	10.35%	52.41%
Gain (Loss) on Sale of Investments	10.25	5	0.02	-15.61	-12.86	41.57
Gain (Loss) on Sale of Equity Investments	23.62	17.39	-10.92	-5.99	144.25	-1.72
Other Non-Interest Income	48.2	42.7	70.85	75.69	46.1	45.63
Total Non-Interest Income	148.84	128.72	112.12	89.36	221.78	157.01
Non-Interest Income Growth	52.88%	14.81%	25.48%	-59.71%	41.25%	82.57%
Revenues Before Loan Losses	649.71	577.08	488.03	434.66	549.28	453.8
Provision for Loan Losses	122.45	96.3	96.21	51.32	40.94	15.21
Revenue	527.26	480.78	391.82	383.34	508.33	438.59
Revenue Growth	27.97%	22.71%	2.21%	-24.59%	15.90%	82.70%
Salaries and Employee Benefits	165.16	163.04	148.29	150.97	150.29	107.86
Federal Deposit Insurance	17.32	14.67	10.84	16.67	9.76	7.07
Selling, General & Administrative	123.49	123.54	113.8	100.91	105.96	88.96
Other Non-Interest Expense	32.23	33.91	29.67	31.96	32.01	23.91
Total Non-Interest Expense	338.2	335.16	302.58	300.51	298.01	227.8
EBT Excluding Unusual Items	189.07	145.62	89.24	82.83	210.32	210.79
Asset Writedown	-3.23	-	-	-	-	-
Other Unusual Items	-2.8	-2.8	-	-	-	-
Pretax Income	183.04	142.82	89.24	82.83	210.32	210.79
Income Tax Expense	44	37.17	11.82	8.93	34.12	43.79
Earnings From Continuing Operations	139.04	105.64	77.42	73.9	176.21	167
Minority Interest in Earnings	0.36	0.23	0.06	-	-	-
Net Income	139.4	105.87	77.47	73.9	176.21	167
Preferred Dividends & Other Adjustments	8.38	3.05	-	-	-	-
Net Income to Common	131.02	102.82	77.47	73.9	176.21	167
Net Income Growth	90.98%	32.72%	4.84%	-58.06%	5.52%	180.46%
Basic Shares Outstanding	46	46	45	44	44	43
Diluted Shares Outstanding	47	46	46	45	45	45
Shares Change	1.22%	0.49%	1.61%	0.42%	-0.37%	7.90%
EPS (Basic)	2.84	2.25	1.72	1.67	4.02	3.87
EPS (Diluted)	2.81	2.23	1.69	1.64	3.92	3.71
EPS Growth	88.09%	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	Sep 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	24.04%	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: Sep 30, 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:

Nov 6, 2026

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