Live Oak Bancshares, Inc.

NYSE•LOB

CEO: Mr. James S. Mahan III

Sector: Financial Services

Industry: Banks - Regional

Listing Date: 2015-07-23

Live Oak Bancshares, Inc. operates as the bank holding company for Live Oak Banking Company that provides various banking products and services in the United States. It operates through two segments, Banking and Fintech. The company accepts various deposit products, including noninterest-bearing demand, as well as interest-bearing checking, money market, savings, and time deposits. It also offers commercial and industrial loans; construction and development loans; owner occupied and non-owner occupied collateral commercial real estate loans; and commercial land loans. In addition, the company provides settlement, accounting, and securitization services for government guaranteed loans; financing for renewable energy application industry; wealth and investment management services to high-net-worth individuals and families; and investment advisory services to a series of funds focused on providing venture capital to new and emerging financial technology companies. Live Oak Bancshares, Inc. was incorporated in 2008 and is headquartered in Wilmington, North Carolina.

Contact Information

1741 Tiburon Drive, Wilmington, NC, 28403, United States

910-790-5867

www.liveoakbank.com

Market Cap

$1.70B

P/E (TTM)

13.6

13.1

Dividend Yield

0.3%

52W High

$42.89

52W Low

$26.19

52W Range

63%

Rank56Top 81.7%

2.5

F-Score

Modified Piotroski Analysis

Based on 10-year fundamentals

Weak • 2.5 / 9 points

Scoring Range (0-9)

8-9: Excellent Value

6-7: Strong Fundamentals

4-5: Average Quality

0-3: Weak Performance

Data Period: 2016-2025

Financial Dashboard

Q1 2026 Data

Revenue

$259.94M+0.00%

4-Quarter Trend

EPS

$0.61+0.00%

4-Quarter Trend

FCF

$85.34M+0.00%

4-Quarter Trend

2025 Annual Earnings Highlights

Key Highlights

Strong Net Income Growth Net income attributable to common shareholders rose 32.7% to $102.8M, driving diluted EPS to $2.23 for the year.

Record Loan Production Year Total loan originations reached a record $6.21B, a 20.5% increase year-over-year, supporting total asset growth to $15.13B.

Deposit Base Expansion Total deposits grew 16.4% to $13.69B, bolstered by strong customer base growth to support significant loan portfolio expansion.

Stable Net Interest Margin NIM slightly improved to 3.30% in 2025 from 3.27% in 2024, driven by robust loan growth outpacing funding cost increases.

Risk Factors

Internal Control Material Weakness Material weakness identified in internal controls over financial reporting regarding loan participation accounting and cash flow classification.

Deteriorating Asset Quality Total nonperforming loans increased 66.3% to $509.4M; unguaranteed exposure rose 26.0% to $102.8M by year-end.

Capital Ratios Decline Consolidated CET1 capital ratio decreased to 10.53% from 11.04% in 2024, reflecting asset growth and regulatory requirements.

Interest Rate Risk Exposure EVE simulations show theoretical market value loss under rising rate shocks due to longer asset duration versus shorter funding portfolio duration.

Outlook

Heightened Regulatory Scrutiny Company faces increased regulatory requirements and compliance expenses as total assets now exceed the $10 billion threshold.

Managing Credit Migration Management focuses on proactive resolution of problem loans, noting Risk Grade 50 increases were due to idiosyncratic migration, not broad deterioration.

Continued Loan Sales Revenue Anticipates gains from secondary market sales of SBA 7(a) loans will remain a meaningful revenue component into 2026.

AI Deployment Risks Ongoing evaluation and deployment of AI technology introduces operational, control, and competitive risks impacting future performance.

Peer Comparison

Revenue (TTM)

MBIN

$1.37B

-2.4%

LOB

$1.06B

+12.7%

FRME

$1.05B

+0.8%

Gross Margin (Latest Quarter)

BLX

94.3%

+1.2pp

CHCO

79.9%

+4.6pp

TCBK

77.8%

+5.9pp

Key Metrics

Symbol	Market Cap	P/E (TTM)	ROE (TTM)	Debt to Assets
FRME	$2.52B	12.2	8.0%	7.8%
MBIN	$2.10B	9.2	10.1%	23.5%
NWBI	$2.00B	15.1	7.3%	3.5%

Long-Term Trends

Last 4 Quarters

Revenue

Net Income

Operating Cash Flow

4Q Revenue CAGR

0.4%

Moderate Growth

4Q Net Income CAGR

8.6%

Profitability Improving

Cash Flow Stability

75%

Volatile Cash Flow

Deep Research

Next earnings:Jul 22, 2026

EPS:$0.65

Revenue:$154.05M

Financials

Earnings Calls

Reports

News

Income Statement

Balance Sheet

Cash Flow Statement

Ratios

% Chg.

Income Statement	LTM

No Data