8-K Announcements
6Material company update
Jun 18, 2026·SEC
Material company update
May 22, 2026·SEC
Material company update
May 19, 2026·SEC
Live Oak Bancshares, Inc.(LOB)Earnings, Financials & Key Ratios
LOB•NYSE•Banking & Credit
$41.40
18.6× P/E·Price updated Jun 27, 2026
SectorFinancial ServicesIndustryRegional BanksSub-IndustryCommercial and middle-market focused banks
AboutLive Oak Bancshares, Inc. operates as the bank holding company for Live Oak Banking Company that provides various commercial banking products and services to individuals, small businesses, and professionals in North Carolina, the United States. 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; wealth and investment management services to high-net-worth individuals and families; investment advisory services to a series of funds focused on providing venture capital to new and emerging financial technology companies; and an on-site restaurant location to company employees and business visitors. Live Oak Bancshares, Inc. was incorporated in 2008 and is headquartered in Wilmington, North Carolina.Show more
- Net Interest Income$448M+19.3%
- Total Revenue$1.04B+12.0%
- Net Income$104M+34.0%
- Return on Equity9.19%+13.1%
- Net Interest Margin2.96%+2.0%
- Efficiency Ratio32.85%-0.7%
- ROA0.74%+15.5%
- Equity / Assets8.29%+6.9%
- Book Value per Share27.09+24.0%
LOB Price & Volume
Live Oak Bancshares, Inc. (LOB) stock price & volume — 10-year historical chart
Loading chart...
Digital Lending Growth Offsets Persistent Margin Stagnation
Investment Thesis • Updated 2026Q1
VerdictNeutral
Growth:Accelerating
Profitability:Moderate
Financial Position:Healthy
Cash Flow:Mixed
Primary Risk:SBA secondary market volatility
"Live Oak Bancshares demonstrates a robust growth trajectory, evidenced by total assets expanding from $11.3 billion in 2023Q4 to $15.3 billion in 2026Q1, driven by its specialized digital-first lending model. While operational efficiency has improved with the efficiency ratio tightening to 32.8% in 2026Q1, the bank remains heavily reliant on volatile secondary market gain-on-sale premiums, which reached $49.8 million in 2025Q4. Investors should monitor the persistent 0.8% net interest margin and the sensitivity of credit provisions, which fluctuated significantly to $20.1 million in 2026Q1, as these factors may impact long-term profitability."
Verdict Logic
while the bank shows strong asset growth, the forward P/E of 13.54 and persistent 0.8% net interest margin suggest that valuation may be fully priced relative to the inherent volatility in its secondary market revenue streams.
LOB Growth Metrics
Live Oak Bancshares, Inc. (LOB) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years24.87%
5 Years22.45%
3 Years26.96%
TTM-
Profit CAGR
10 Years17.54%
5 Years11.75%
3 Years-16.18%
TTM108.2%
EPS CAGR
10 Years13.07%
5 Years9.2%
3 Years-17.27%
TTM100.77%
Return on Capital
10 Years11.45%
5 Years12.6%
3 Years9.69%
Last Year12.25%
LOB Recent Earnings
Live Oak Bancshares, Inc. (LOB) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 4/12 qtrs (36%)●Beat Revenue 2/12 qtrs (18%)
Q2 2026Latest
Apr 22, 2026Metric
Actual
Est
EPS
$0.60+11.1%
$0.54
Rev
$145M-3.8%
$151M
Q1 2026
Jan 21, 2026Metric
Actual
Est
EPS
$0.95+69.6%
$0.56
Rev
$173M+15.0%
$150M
Q4 2025
Oct 22, 2025Metric
Actual
Est
EPS
$0.55-5.2%
$0.58
Rev
$142M-5.8%
$151M
Q3 2025
Jul 23, 2025Metric
Actual
Est
EPS
$0.51-1.9%
$0.52
Rev
$142M-4.0%
$148M
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | Apr 22, 2026 | $0.60vs $0.54+11.1% | $145Mvs $151M-3.8% |
| Q1 2026 | Jan 21, 2026 | $0.95vs $0.56+69.6% | $173Mvs $150M+15.0% |
| Q4 2025 | Oct 22, 2025 | $0.55vs $0.58-5.2% | $142Mvs $151M-5.8% |
| Q3 2025 | Jul 23, 2025 | $0.51vs $0.52-1.9% | $142Mvs $148M-4.0% |
Based on last 12 quarters of dataView full earnings history →
Peers Comparison
Key metrics vs top competitors for Live Oak Bancshares, Inc. (LOB)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $41.40 | $1.92B | 18.65 | 12.05% | 9.97% | 9.19% | 0.29% | |
| $35.24 | $5.05B | 19.91 | 11.71% | 31.14% | 14.2% | — | |
| $53.91 | $1.73B | 14.53 | 1.78% | 23.87% | 9.86% | — | |
| $76.75 | $845.45M | 14.82 | 11.72% | 21.42% | 12% | — | |
| $48.66 | $463.21M | 10.81 | -3.87% | 31.77% | 18.18% | — | |
| $10.38 | $96.31M | -3.21 | -3.76% | -31.46% | -7.65% | — |
Compare LOB vs Peers
Live Oak Bancshares, Inc. (LOB) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
LOB SEC Filings & Documents
Live Oak Bancshares, Inc. (LOB) SEC filings — annual & quarterly reports (10-K, 10-Q)
Get notified when LOB posts new earnings or crosses analyst targets
Free. No account needed. Unsubscribe any time.
LOB Frequently Asked Questions
Live Oak Bancshares, Inc. (LOB) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
How fast is Live Oak Bancshares, Inc. growing?
Live Oak Bancshares, Inc. (LOB) grew revenue by 12.0% over the past year. This is steady growth.
Is LOB profitable?
Yes, Live Oak Bancshares, Inc. (LOB) is profitable, generating $124.1M in net income for fiscal year 2025 (10.0% net margin).
Dividend & Returns
Does LOB pay dividends?
Yes, Live Oak Bancshares, Inc. (LOB) pays a dividend with a yield of 0.29%. This makes it attractive for income-focused investors.
What is LOB's return on equity?
Live Oak Bancshares, Inc. (LOB) has a return on equity (ROE) of 9.2%. This is below average, suggesting room for improvement.
Industry Metrics
What is Live Oak Bancshares, Inc.'s net interest margin?
Live Oak Bancshares, Inc. (LOB) has a net interest margin (NIM) of 3.0%. NIM has been under pressure due to interest rate environment.
What is Live Oak Bancshares, Inc.'s efficiency ratio?
Live Oak Bancshares, Inc. (LOB) has an efficiency ratio of 32.8%. This is excellent, indicating strong cost control.