Live Oak Bancshares

Live Oak Bancshares, Inc. is a bank holding company for Live Oak Banking Company, which operates as a national online platform for small business lending. It operates through the following segments: Banking, Fintech, and Other. The Banking segment provides financing services to small businesses nationwide in targeted industries and deposit-related services to small businesses, consumers, and other customers nationwide. The Fintech segment focuses on making strategic investments into emerging financial technology companies. The company was founded by James S. Mahan III on December 18, 2018 and is headquartered in Wilmington, NC.

Earnings data Q1 2021

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Earnings data Q1 2023

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Earnings data Q3 2023

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Earnings data Q1 2024

Earnings data Q2 2024

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Earnings data Q4 2024

Live Oak Bancshares reports strong earnings, eyes growth opportunities in 2023

Live Oak Bancshares delivered strong financial performance in Q4 2022 with a focus on credit quality and profitability.
Challenges include managing expenses, credit quality, and achieving future profitability goals amidst uncertainties.
Opportunities lie in optimizing margins, enhancing income strategies, and capitalizing on growth prospects.
Overall, Live Oak Bancshares remains well-positioned for growth with a positive outlook for 2023.

Live Oak Bancshares reports Q1 earnings, eyes growth amid challenges

Live Oak Bancshares faces challenges from industry events impacting earnings but maintains a strong position in small business lending and deposit liquidity. The bank is optimistic about growth opportunities, with a focus on improving gain on sale revenue and exploring new lending areas. Caution is exercised in tech investments while stress scenarios show resilience in adverse conditions.

Live Oak Bancshares excels in Q2 earnings amidst industry challenges

Live Oak Bancshares delivered a strong performance in Q2 with improvements in core revenues, stable credit quality, and a customer-centric approach. The company faces challenges with PBMs and branch deposit models but sees opportunities in business acquisitions and real estate lending. Investments in people and technology are expected to drive future growth.

Live Oak Bancshares reports strong Q3 performance and growth opportunities

Live Oak Bancshares delivered a strong quarter with improvements in credit quality metrics, loan growth acceleration, and revenue-generating capabilities.
While facing challenges in certain sectors and the impact of rising rates, the bank's unique approach to asset quality management and growth opportunities position it well for the future.
With a focus on maintaining a competitive net interest margin and leveraging opportunities in loan origination and revenue growth initiatives, Live Oak is poised for continued success.

Live Oak Bancshares excels in Q4 2023, poised for growth

Live Oak Bancshares delivered a strong financial performance in Q4 2023, driven by solid EPS, net interest margin, and loan growth, supported by a unique business model.
The company's focus on technology, government-guaranteed lending, and operational efficiency positions it well for sustainable growth and profitability.
While facing challenges in managing CD maturities and expense control, Live Oak can capitalize on opportunities in small-dollar loans and diverse business verticals for future expansion.

Live Oak Bancshares posts strong Q1 results, eyes conventional lending growth

Live Oak Bancshares reported solid Q1 performance with a focus on credit quality and growth in conventional lending.
While facing challenges from increased expenses and potential market changes, the company is well-positioned for future opportunities.
Strategic initiatives in automation, credit scoring, and deposit growth highlight a path for continued growth and efficiency.
The transition to a full-fledged bank signals a return to roots and utilization of expertise for sustained success.

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Live Oak Bancshares, Inc. is a bank holding company for Live Oak Banking Company, which operates as a national online platform for small business lending. It operates through the following segments: Banking, Fintech, and Other. The Banking segment provides financing services to small businesses nationwide in targeted industries and deposit-related services to small businesses, consumers, and other customers nationwide. The Fintech segment focuses on making strategic investments in emerging financial technology companies. The company was founded by James S. Mahan III on December 18, 2018 and is headquartered in Wilmington, NC.

Additional Funding Source Will Accelerate Growth Objectives for Firm and Affiliated Advisors CHICAGO , Sept. 19, 2023 /PRNewswire/ -- LaSalle St., a family of wealth management firms encompassing an independent broker-dealer; RIA and insurance platforms, and a financing division (LaSalle St. Financial), today announced it has established a relationship with Live Oak Bank, a subsidiary of Live Oak Bancshares, Inc, (NYSE: LOB) to provide access to additional capital that will open up additional funding sources and allow the firm to continue executing on its growth objectives.

LaSalle St. Establishes Relationship with Live Oak Bank

Live Oak Bancshares (LOB) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates could lead to a trend reversal for the stock.

Live Oak Bancshares (LOB) Loses -10.4% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner

The heavy selling pressure might have exhausted for Live Oak Bancshares (LOB) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.

Down -19.06% in 4 Weeks, Here's Why Live Oak Bancshares (LOB) Looks Ripe for a Turnaround

Moody's downgraded 10 regional banks in August, which rattled the industry. Live Oak Bancshares had a change in management last month.

Why Live Oak Bancshares Stock Dropped 14.6% in August

WILMINGTON, N.C., Aug. 25, 2023 (GLOBE NEWSWIRE) -- Live Oak Bancshares (“Live Oak” or the “company”) announced today its Board of Directors has appointed William C. (BJ) Losch, III as President of Live Oak Bank effective today. Losch will continue to serve in his role as Chief Financial Officer of Live Oak Bancshares.

Live Oak Bank Names William C. (BJ) Losch, III as President

Live Oak (LOB) appears to be a viable investment option right now, backed by strong earnings growth prospects and revenue strength.

3 Reasons to Add Live Oak (LOB) Stock to Your Portfolio Now

Canapi Ventures and Nexus Venture Partners lead round to help company meet demand for LLM solutions that can safely train on sensitive, internal data SAN FRANCISCO , Aug. 16, 2023 /PRNewswire/ --  DynamoFL, Inc. today announced that it has closed a $15.1 million Series A funding round to meet demand for its privacy- and compliance-focused generative AI solutions. Coming off a $4.2M seed round, the company has raised $19.3M to date.

DynamoFL Raises $15.1M Series A to Scale Privacy-Focused Generative AI for the Enterprise

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10 regional banks expected to buck a weak industry trend

Live Oak beat estimates in the second quarter, and posted solid deposit growth. Asset quality remains strong.

Why Live Oak Stock Grew Taller in July

Live Oak Bancshares, Inc. (NYSE:LOB ) Q2 2023 Earnings Conference Call July 26, 2023 9:00 AM ET Company Participants Greg Seward - Chief Risk Officer and General Counsel Chip Mahan - Chairman and Chief Executive Officer William Losch - Chief Financial Officer and Chief Banking Officer Huntley Garriott - President, Live Oak Bank Steven Smits - Chief Credit Officer Conference Call Participants Crispin Love - Piper Sandler Steven Alexopoulos - JP Morgan David Feaster - Raymond James Brandon King - Truist Securities Michael Perito - KBW Operator Good morning, ladies and gentlemen, and welcome to the Live Oak Bancshares Q2 Earnings Conference Call. At this time, all lines are in listen-only mode.

Live Oak Bancshares, Inc. (LOB) Q2 2023 Earnings Call Transcript

Although the revenue and EPS for Live Oak Bancshares (LOB) give a sense of how its business performed in the quarter ended June 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Compared to Estimates, Live Oak Bancshares (LOB) Q2 Earnings: A Look at Key Metrics

WILMINGTON, N.C., July 25, 2023 (GLOBE NEWSWIRE) -- Live Oak Bancshares, Inc. (NYSE: LOB) (“Live Oak” or “the Company”) today reported second quarter of 2023 net income of $17.5 million, or $0.39 per diluted share.

Live Oak Bancshares, Inc. Reports Second Quarter 2023 Results

Live Oak Bancshares (LOB) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: Live Oak Bancshares (LOB) Q2 Earnings Expected to Decline

WILMINGTON, N.C., July 11, 2023 (GLOBE NEWSWIRE) -- Live Oak Bancshares, Inc. (“Live Oak”) (NYSE: LOB) today announced that it will report its second quarter 2023 financial results after U.S. financial markets close on Tuesday, July 25, 2023.

Live Oak Bancshares, Inc. Announces Date of Second Quarter 2023 Financial Results

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Live Oak Bancshares serves small businesses and is the top lender through the Small Business Administration's lending program. The bank was a big winner during the pandemic, as it helped facilitate billions in Paycheck Protection Program loans for small businesses.

This Bank Stock Is Just Too Cheap

Chip Mahan, CEO of Live Oak Bancshares, helps sort through the noise.

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3 Bank Failures Bigger Than 2008, 3 Bank Stocks To Sell Stand Out With Quant

Live Oak Bancshares, Inc. (NYSE:LOB ) Q1 2023 Earnings Conference Call April 27, 2023 9:00 AM ET Company Participants Greg Seward - Chief Risk Officer and General Counsel James Mahan - Chairman and Chief Executive Officer Huntley Garriott - President William Losch - Chief Financial Officer Steven Smits - Chief Credit Officer Conference Call Participants Brandon King - Truist Securities Crispin Love - Piper Sandler Steven Alexopoulos - JPMorgan David Feaster - Raymond James Operator Good morning, ladies and gentlemen, and welcome to the Q1 2023 Live Oak Bancshares Earnings Call. [Operator Instructions] This call is being recorded on Thursday, April 27, 2023.

Live Oak Bancshares, Inc. (LOB) Q1 2023 Earnings Call Transcript

Live Oak Bancshares (LOB) came out with quarterly earnings of $0.01 per share, missing the Zacks Consensus Estimate of $0.36 per share. This compares to earnings of $0.76 per share a year ago.

Live Oak Bancshares (LOB) Lags Q1 Earnings and Revenue Estimates

WILMINGTON, N.C., April 26, 2023 (GLOBE NEWSWIRE) -- Live Oak Bancshares, Inc. (NYSE: LOB) (“Live Oak” or “the Company”) today reported first quarter of 2023 net income of $398 thousand, or $0.01 per diluted share.

Live Oak Bancshares, Inc. Reports First Quarter 2023 Results

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Just when you thought the S&P 500 banking crisis was over, tanking financial stocks remind investors the crisis still rages. The post 11 Bank Stocks Tank Again — Fueling Financial Crisis Dumpster Fire appeared first on Investor's Business Daily.

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