Live Oak Bancshares, Inc. LOB

Financials SIC 6022 - State Commercial Banks NAICS Finance and Insurance › Credit Intermediation and Related Activities › Depository Credit Intermediation › Commercial Banking derived NYSE

Live Oak Bancshares, Inc. (individually, "Bancshares" and collectively with its subsidiaries including Live Oak Banking Company, the "Company," also referred to as "our" and "we"), headquartered in Wilmington, North Carolina, is the bank holding company for Live Oak Banking Company (the "Bank" or "Live Oak Bank"). The Bank was incorporated in February 2008 as a North Carolina-chartered commercial bank and operates an established national online platform for small business lending and deposit gathering. Bancshares was incorporated under the laws of the state of North Carolina on December 18, 2008, for the purpose of serving as the bank holding company of Live Oak Bank. Bancshares completed its initial public offering ("IPO") in July 2015.

Last close 35.15 2026-10-23
Market cap $1.63B 2026-06-30 share count
52-week range 29.36 - 44.53

Valuation FY2025 figures against the last close

P/S1.8x
P/E15.8x
P/FCF11.3x
EV/EBITDA—
Dividend yield0.3%
Diluted EPS2.23

Annual financial statements

Income statement

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue $908.5M$812.4M$688.3M$444.5M$361.2M$288.4M$228.0M$162.6M$103.5M$57.3M
Interest expense $448.4M$375.9M$345.3M$327.5M$64.4M$93.7M$87.9M$54.6M$25.4M$14.6M
Pre-tax income $142.8M$89.2M$82.8M$210.3M$210.8M$47.4M$23.5M$46.0M$98.3M$17.2M
Income tax $37.2M$11.8M$8.9M$34.1M$43.8M$12.2M$5.4M$5.4M$2.2M$3.4M
Net income $105.9M$77.5M$73.9M$176.2M$167.0M$59.5M$18.0M$51.4M$100.5M$13.8M
EPS, basic 2.251.721.674.023.871.460.451.282.750.40
EPS, diluted 2.231.691.643.923.711.430.441.242.650.39
Shares, diluted (wtd. avg.) 46.0M45.8M45.1M44.9M45.1M41.8M41.1M41.4M37.9M35.1M

Balance sheet

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash and equivalents $864.9M$608.8M$582.5M$416.6M$203.8M$318.3M$221.4M$316.8M$295.3M$238.0M
Property, plant and equipment $240.2M$264.1M$257.9M$263.3M$240.2M$259.3M$279.1M$262.5M$178.8M$64.7M
Goodwill —$1.8M$1.8M$1.8M——————
Other intangibles ————————$4.3M—
Total assets $15.13B$12.94B$11.27B$9.86B$8.21B$7.87B$4.81B$3.67B$2.76B$1.76B
Short-term debt ———————$1.4M$0$0
Long-term debt ———————$16.0K$26.6M$27.8M
Total liabilities $13.88B$11.94B$10.37B$9.04B$7.50B$7.30B$4.28B$3.18B$2.32B$1.53B
Retained earnings $809.9M$715.8M$642.8M$572.5M$400.9M$235.7M$180.3M$167.1M$120.2M$23.5M
Total equity $1.25B$999.0M$902.7M$811.0M$715.1M$567.9M$532.4M$493.6M$436.9M$222.8M

Cash flow

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Operating cash flow $158.2M$156.8M$184.9M-$300.7M-$119.7M-$261.0M-$482.5M$6.3M-$287.5M-$221.9M
Depreciation and amortisation $30.0M$23.4M$21.1M$20.6M$21.2M$21.6M$19.3M$16.0M$9.6M$4.2M
Capital expenditure $14.8M$49.3M$46.8M$43.8M$3.1M$21.0M$37.2M$111.3M$124.1M$10.9M
Investing cash flow -$1.90B-$1.70B-$1.34B-$1.02B-$149.8M-$2.62B-$684.6M-$845.4M-$535.0M-$320.1M
Financing cash flow $2.00B$1.57B$1.32B$1.53B$154.9M$2.98B$1.07B$863.1M$879.8M$677.4M
Dividends paid $5.5M$5.4M$5.3M$5.3M$5.2M$4.9M$4.8M$4.8M$3.8M$2.7M

Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001462120-26-000020.

Plot the figures US dollars

Income statement Revenue Cost of revenue Gross profit R&D SG&A Total operating expenses Operating income Interest expense Pre-tax income Income tax Net income EPS, basic EPS, diluted Shares, diluted (wtd. avg.)
Balance sheet Cash and equivalents Short-term investments Receivables Inventory Total current assets Property, plant and equipment Goodwill Other intangibles Total assets Accounts payable Short-term debt Total current liabilities Long-term debt Total liabilities Retained earnings Total equity
Cash flow Operating cash flow Depreciation and amortisation Stock-based compensation Capital expenditure Investing cash flow Financing cash flow Dividends paid Buybacks
  • Revenue
  • Gross profit
  • Net income
Revenue, Gross profit, Net income by fiscal year, in US dollars The same figures are in the table below this chart. 0 250M 500M 750M 1B Revenue, FY2016: 57.3M Net income, FY2016: 13.8M Revenue, FY2017: 103.5M Net income, FY2017: 100.5M Revenue, FY2018: 162.6M Net income, FY2018: 51.4M Revenue, FY2019: 228M Net income, FY2019: 18M Revenue, FY2020: 288.4M Net income, FY2020: 59.5M Revenue, FY2021: 361.2M Net income, FY2021: 167M Revenue, FY2022: 444.5M Net income, FY2022: 176.2M Revenue, FY2023: 688.3M Net income, FY2023: 73.9M Revenue, FY2024: 812.4M Net income, FY2024: 77.5M Revenue, FY2025: 908.5M Net income, FY2025: 105.9M FY2016 FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025
Fiscal year FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue $57.3M $103.5M $162.6M $228.0M $288.4M $361.2M $444.5M $688.3M $812.4M $908.5M
Gross profit — — — — — — — — — —
Net income $13.8M $100.5M $51.4M $18.0M $59.5M $167.0M $176.2M $73.9M $77.5M $105.9M

Recent filings and events

  • Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
  • Other event Item 8.01
  • Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
  • Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
  • Officer or director change Item 5.02
  • Officer or director change Item 5.02
  • Shareholder vote The results of the annual meeting or a special vote. Item 5.07
  • Other event Item 8.01
  • Results announced Item 2.02
  • Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
  • Other event Item 8.01
  • Officer or director change Item 5.02

Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.

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