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 Q3 2023

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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.

WILMINGTON, N.C., April 13, 2022 (GLOBE NEWSWIRE) -- Live Oak Bancshares, Inc. (“Live Oak”) (Nasdaq: LOB) today announced that it will report its first quarter 2022 financial results after U.S. financial markets close on Wednesday, April 27, 2022.

Live Oak Bancshares, Inc. Announces Date of First Quarter 2022 Financial Results

The tailwinds from the Paycheck Protection Program are winding down, but Live Oak looks better positioned than ever.

Live Oak Bancshares' Earnings May Normalize -- But There's a Much Bigger Opportunity Ahead

WILMINGTON, N.C., Feb. 15, 2022 (GLOBE NEWSWIRE) --  Live Oak Bank announced today that Jake Tupa will lead the organization's embedded banking efforts.

Live Oak Bank Expands Embedded Banking Team

Growth stocks have gotten crushed in recent months, creating an opportunity to buy Live Oak Bancshares.

Down 38% From Its High, Is This Fintech a Buy?

Live Oak Bancshares' (LOB) CEO Chip Mahan on Q4 2021 Results - Earnings Call Transcript

Live Oak Bancshares (LOB) delivered earnings and revenue surprises of -9.59% and 5.68%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

Live Oak Bancshares (LOB) Misses Q4 Earnings Estimates

WILMINGTON, N.C., Jan. 25, 2022 (GLOBE NEWSWIRE) -- Live Oak Bancshares, Inc. (Nasdaq: LOB) (“Live Oak” or “the Company”) today reported fourth quarter 2021 net earnings available to common shareholders of $30.1 million, or $0.66 per diluted share.   Net earnings for the year ended December 31, 2021, totaled $167.0 million, or $3.71 per diluted share.

Live Oak Bancshares, Inc. Reports Fourth Quarter 2021 Results

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Despite witnessing huge sell-offs of late, bank stocks like Amerant (AMTB), Live Oak Bancshares (LOB) and Triumph Bancorp (TBK) will gain from impending rate hikes, a rise in loan demand and a strong economy.

Don't Waste This Opportunity to Buy These 3 Bank Laggards

WILMINGTON, N.C., Jan. 11, 2022 (GLOBE NEWSWIRE) -- Live Oak Bancshares, Inc. (“Live Oak”) (Nasdaq: LOB) today announced that it will report its fourth quarter 2021 financial results after U.S. financial markets close on Tuesday, January 25, 2022.

Live Oak Bancshares, Inc. Announces Date of Fourth Quarter 2021 Financial Results

BOSTON--(BUSINESS WIRE)--Posh Technologies, a proprietary conversational AI platform serving financial services companies, today announced that it has raised $27.5 million in Series A funding. Canapi Ventures led the round with participation from new investors Curql Collective, Human Capital, CMFG Ventures, JAM FINTOP, and Piedmont Capital. This infusion of capital will enable rapid growth for Posh, supporting additional investment in product research and development, and the expansion of Posh'

Posh Technologies Secures $27.5 Million in Series A Funding Led by Canapi Ventures

WILMINGTON, N.C., Dec. 08, 2021 (GLOBE NEWSWIRE) -- Live Oak Bank has been named a 2021 Greenwich CX Leader in the U.S. Commercial Small Business Banking category by Coalition Greenwich. The Greenwich CX awards recognize financial organizations that have excelled in three customer experience categories: customer satisfaction, customer loyalty and creating an environment that is easy for the customer to do business.

Live Oak Bank Named 2021 Greenwich CX Leader for Redefining Customer Interactions

Does Live Oak Bancshares (LOB) have what it takes to be a top stock pick for momentum investors? Let's find out.

What Makes Live Oak Bancshares (LOB) a Strong Momentum Stock: Buy Now?

Live Oak Bancshares (LOB) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Live Oak Bancshares (LOB) Upgraded to Buy: Here's Why

WILMINGTON, N.C., Nov. 17, 2021 (GLOBE NEWSWIRE) -- Live Oak Bank has been named the leading 2021 U.S. Department of Agriculture lender by volume for its Business & Industry (B&I) guaranteed loan program.

Live Oak Bank Named Top 2021 USDA Business & Industry Lender

This stock isn't exactly a high yielder -- yet.

1 Fintech Stock That Could Be a Future Dividend Superstar

Live Oak Bank is the bank of choice for many small businesses, and this focus puts it at the top of the industry.

1 Number That Shows Why Live Oak Bank Is Crushing the Competition

Prior to the pandemic, Live Oak Bancshares was very much valued as a bank. Now, it's a different story.

This Stock Has Transformed Into a Burgeoning Fintech Company

ARLINGTON, Va., Nov. 4, 2021 /PRNewswire/ -- Summit Ridge Energy ("SRE") announced today the completion of the first project in their 200 MW Maine community solar portfolio, a 6.3 MWdc array in Hermon, ME that will serve 850 households and small businesses across the state.

Summit Ridge Energy and Osaka Gas Reach Solar Milestones in Maine

WHITEFISH, Mont.--(BUSINESS WIRE)--Neuro-ID today announced that it has raised $35 million in Series B funding led by Canapi Ventures. Existing investors Fin VC and TTV Capital also participated in the round. Neuro-ID will use the additional capital to accelerate its mission of unlocking conversion and optimizing fraud screening for digital organizations of all sizes. Founded in 2014, Neuro-ID delivers real-time behavioral analytics solutions that combat online fraud, increase conversion rates,

Neuro-ID Secures $35M in Series B Funding Led by Canapi Ventures to Further Capitalize on Expanding Behavioral Analytics Market Opportunity

Live Oak Bancshares (LOB) Is Up 22.37% in One Week: What You Should Know

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These two stocks helped the market finish strongly for the month.

October Brought Nothing but Treats to Investors

Live Oak Bancshares, Inc. (LOB) CEO James Mahan on Q3 2021 Results - Earnings Call Transcript

WILMINGTON, N.C., Oct. 27, 2021 (GLOBE NEWSWIRE) -- Live Oak Bancshares, Inc. (Nasdaq: LOB) (“Live Oak” or “the Company”) today reported third quarter 2021 net earnings available to common shareholders of $33.8 million, or $0.76 per diluted share.

Live Oak Bancshares, Inc. Reports Third Quarter 2021 Results

Live Oak Bancshares (NASDAQ:LOB) is set to give its latest quarterly earnings report on Wednesday, 2021-10-27. Here's what investors need to know before the announcement.

Earnings Preview For Live Oak Bancshares

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News for Live Oak Bancshares Stock (LOB)