LOB - Earnings announcements

WILMINGTON, N.C., April 22, 2026 (GLOBE NEWSWIRE) -- Live Oak Bancshares, Inc. (NYSE:LOB) ("Live Oak" or "the Company") today reported first quarter of 2026 net income attributable to common shareholders of $27.9 million, or $0.60 per diluted common share. Live Oak's performance in the quarter, compared to the fourth quarter of 2025 and first quarter of 2025, includes these notable items: Strong loan production of $1.37 billion accompanied by strong deposit growth of $146.4 million in the first quarter of 2026, with total assets growing by 1.1% and 12.5% to $15.30 billion compared to the fourth quarter of 2025 and first quarter of 2025, respectivelyNet interest income decreased 3.0% and

WILMINGTON, N.C., April 08, 2026 (GLOBE NEWSWIRE) -- Live Oak Bancshares, Inc. (NYSE:LOB) today announced that it will report its first quarter 2026 financial results after U.S. financial markets close on Wednesday, April 22, 2026. In conjunction with this announcement, Live Oak will host a conference call to discuss the company's financial results and business outlook on Thursday, April 23, 2026, at 9:00 a.m. ET. The call will be accessible by telephone and webcast using Conference ID: 98602. A supplementary slide presentation will be posted to the website prior to the event, and a replay will be available for 12 months following the event. The conference call details are as follows:

WILMINGTON, N.C., Jan. 21, 2026 (GLOBE NEWSWIRE) -- Live Oak Bancshares, Inc. (NYSE:LOB) ("Live Oak" or "the Company") today reported fourth quarter of 2025 net income attributable to common shareholders of $44.1 million, or $0.95 per diluted share. Net income attributable to common shareholders for the year ended December 31, 2025, totaled $102.8 million, or $2.23 per diluted share. Live Oak's performance for the year ended December 31, 2025, compared with the same period in 2024 included these notable items: Strong loan production of $6.21 billion accompanied by strong deposit growth of $1.93 billion in 2025, with total assets growing by 16.9% to $15.13 billion$96.3 million in capital

WILMINGTON, N.C., Jan. 07, 2026 (GLOBE NEWSWIRE) -- Live Oak Bancshares, Inc. (NYSE:LOB) today announced that it will report its fourth quarter 2025 financial results after U.S. financial markets close on Wednesday, January 21, 2026. In conjunction with this announcement, Live Oak will host a conference call to discuss the company's financial results and business outlook on Thursday, January 22, 2026, at 9:00 a.m. ET. The call will be accessible by telephone and webcast using Conference ID: 06698. A supplementary slide presentation will be posted to the website prior to the event, and a replay will be available for 12 months following the event. The conference call details are as follow

WILMINGTON, N.C., Oct. 22, 2025 (GLOBE NEWSWIRE) -- Live Oak Bancshares, Inc. (NYSE:LOB) ("Live Oak" or "the Company") today reported third quarter of 2025 net income attributable to common shareholders of $25.6 million, or $0.55 per diluted common share. Live Oak's performance in the quarter, compared to the second quarter of 2025 and third quarter of 2024, includes these notable items: Strong loan production of $1.65 billion accompanied by strong deposit growth of $695.9 million in the third quarter of 2025, with total assets growing by 6.0% and 16.3% to $14.67 billion compared to the second quarter of 2025 and third quarter of 2024, respectively$96.3 million in capital was raised as a

WILMINGTON, N.C., Oct. 08, 2025 (GLOBE NEWSWIRE) -- Live Oak Bancshares, Inc. (NYSE:LOB) today announced that it will report its third quarter 2025 financial results after U.S. financial markets close on Wednesday, October 22, 2025. In conjunction with this announcement, Live Oak will host a conference call to discuss the company's financial results and business outlook on Thursday, October 23, 2025, at 9:00 a.m. ET. The call will be accessible by telephone and webcast using Conference ID: 72227. A supplementary slide presentation will be posted to the website prior to the event, and a replay will be available for 12 months following the event. The conference call details are as follows

WILMINGTON, N.C., July 23, 2025 (GLOBE NEWSWIRE) -- Live Oak Bancshares, Inc. (NYSE:LOB) ("Live Oak" or "the Company") today reported second quarter of 2025 net income attributable to the Company of $23.4 million, or $0.51 per diluted share. Live Oak's performance in the quarter, compared to the first quarter of 2025, includes these notable items: Record second quarter production of $1.53 billion accompanied by strong deposit growth of $198.8 million, with total assets growing by 1.7% to $13.83 billionNet interest income increased 8.6% and net interest margin increased eight basis points from 3.20% to 3.28%14.0% increase in revenue and 6.3% increase in noninterest expenses generated 29.4

WILMINGTON, N.C., July 09, 2025 (GLOBE NEWSWIRE) -- Live Oak Bancshares, Inc. (NYSE:LOB) today announced that it will report its second quarter 2025 financial results after U.S. financial markets close on Wednesday, July 23, 2025. In conjunction with this announcement, Live Oak will host a conference call to discuss the company's financial results and business outlook on Thursday, July 24, 2025, at 9:00 a.m. ET. The call will be accessible by telephone and webcast using Conference ID: 25229. A supplementary slide presentation will be posted to the website prior to the event, and a replay will be available for 12 months following the event. The conference call details are as follows: Li

WILMINGTON, N.C., April 23, 2025 (GLOBE NEWSWIRE) -- Live Oak Bancshares, Inc. (NYSE:LOB) ("Live Oak" or "the Company") today reported first quarter of 2025 net income attributable to the Company of $9.7 million, or $0.21 per diluted share. Live Oak's performance in the quarter compared to the fourth quarter of 2024, includes these notable items: Record first quarter production of $1.40 billion accompanied by strong deposit growth of $635.5 million, with total assets growing by 5.0% to $13.60 billionNet interest income increased 3.1% and net interest margin increased 5 basis points from 3.15% to 3.20%1.5% decline in revenue and 3.4% increase in noninterest expenses generated 10% decl

WILMINGTON, N.C., April 09, 2025 (GLOBE NEWSWIRE) -- Live Oak Bancshares, Inc. (NYSE:LOB) today announced that it will report its first quarter 2025 financial results after U.S. financial markets close on Wednesday, April 23, 2025. In conjunction with this announcement, Live Oak will host a conference call to discuss the company's financial results and business outlook on Thursday, April 24, 2025, at 9:00 a.m. ET. The call will be accessible by telephone and webcast using Conference ID: 75855. A supplementary slide presentation will be posted to the website prior to the event, and a replay will be available for 12 months following the event. The conference call details are as foll

WILMINGTON, N.C., Jan. 22, 2025 (GLOBE NEWSWIRE) -- Live Oak Bancshares, Inc. (NYSE:LOB) ("Live Oak" or "the Company") today reported fourth quarter of 2024 net income attributable to the Company of $9.9 million, or $0.22 per diluted share. Net income attributable to the Company for the year ended December 31, 2024, totaled $77.5 million, or $1.69 per diluted share. Live Oak's performance in 2024, includes these notable items: Record year of $5.16 billion of loan production accompanied by strong deposit growth of $1.49 billion, total assets grew by 14.8% to $12.94 billion9% growth in revenue and 3% reduction in noninterest expenses generated 38% growth in pre-provision net revenue1Increa

WILMINGTON, N.C., Jan. 08, 2025 (GLOBE NEWSWIRE) -- Live Oak Bancshares, Inc. (NYSE:LOB) today announced that it will report its fourth quarter 2024 financial results after U.S. financial markets close on Wednesday, January 22, 2025. In conjunction with this announcement, Live Oak will host a conference call to discuss the company's financial results and business outlook on Thursday, January 23, 2025, at 9:00 a.m. ET. The call will be accessible by telephone and webcast using Conference ID: 33467. A supplementary slide presentation will be posted to the website prior to the event, and a replay will be available for 12 months following the event. The conference call details a

WILMINGTON, N.C., Oct. 23, 2024 (GLOBE NEWSWIRE) -- Live Oak Bancshares, Inc. (NYSE:LOB) ("Live Oak" or "the Company") today reported third quarter of 2024 net income of $13.0 million, or $0.28 per diluted share. "Live Oak delivered historic production levels this quarter as our teams continue to put capital into the hands of business owners across the country," said Live Oak Chairman and Chief Executive Officer James S. (Chip) Mahan III. "We believe our business momentum is in an exciting place and our conservative approach to growth is driving positive operating leverage, revenue, and deeper customer relationships." Third Quarter 2024 Key Measures (Dollars in thousands, except per

WILMINGTON, N.C., Oct. 09, 2024 (GLOBE NEWSWIRE) -- Live Oak Bancshares, Inc. ("Live Oak") (NYSE:LOB) today announced that it will report its third quarter 2024 financial results after U.S. financial markets close on Wednesday, October 23, 2024. In conjunction with this announcement, Live Oak will host a conference call to discuss the company's financial results and business outlook on Thursday, October 24, 2024, at 9:00 a.m. ET. The call will be accessible by telephone and webcast using Conference ID: 04478. A supplementary slide presentation will be posted to the website prior to the event, and a replay will be available for 12 months following the event. The conference call details a

WILMINGTON, N.C., July 24, 2024 (GLOBE NEWSWIRE) -- Live Oak Bancshares, Inc. (NYSE:LOB) ("Live Oak" or "the Company") today reported second quarter of 2024 net income of $27.0 million, or $0.59 per diluted share. "Live Oak delivered a solid quarter with growth in loans, deposits and revenue as we continue our mission to serve small businesses across the country," said Live Oak Chairman and Chief Executive Officer James S. (Chip) Mahan III. "The strength of our portfolio is due to the quality of the entrepreneurs we serve. Our focus on credit strength, specialized industries and deep expertise continues to demonstrate the power of our franchise, and we are confident in the long-term oppor

WILMINGTON, N.C., July 10, 2024 (GLOBE NEWSWIRE) -- Live Oak Bancshares, Inc. ("Live Oak") (NYSE:LOB) today announced that it will report its second quarter 2024 financial results after U.S. financial markets close on Wednesday, July 24, 2024. In conjunction with this announcement, Live Oak will host a conference call to discuss the company's financial results and business outlook on Thursday, July 25, 2024, at 9:00 a.m. ET. The call will be accessible by telephone and webcast using Conference ID: 54806566. A supplementary slide presentation will be posted to the website prior to the event, and a replay will be available for 12 months following the event. The conference call detai

WILMINGTON, N.C., April 24, 2024 (GLOBE NEWSWIRE) -- Live Oak Bancshares, Inc. (NYSE:LOB) ("Live Oak" or "the Company") today reported first quarter of 2024 net income of $16.5 million, or $0.36 per diluted share. "The Live Oak model continued to prove its fortitude in the first quarter as our teams marched ahead to steadily grow both sides of the balance sheet and delivered exceptional service to our customers," said Live Oak Chairman and CEO James S. (Chip) Mahan III. "In a challenging environment for our industry, I remain bullish on our dedication to America's small business owners and believe that our passion around innovation, efficiency and expertise will continue to shine a light

WILMINGTON, N.C., April 10, 2024 (GLOBE NEWSWIRE) -- Live Oak Bancshares, Inc. ("Live Oak") (NYSE:LOB) today announced that it will report its first quarter 2024 financial results after U.S. financial markets close on Wednesday, April 24, 2024. In conjunction with this announcement, Live Oak will host a conference call to discuss the company's financial results and business outlook on Thursday, April 25, 2024, at 9:00 a.m. ET. The call will be accessible by telephone and webcast using Conference ID: 50185213. A supplementary slide presentation will be posted to the website prior to the event, and a replay will be available for 12 months following the event. The conference call details a

WILMINGTON, N.C., Jan. 24, 2024 (GLOBE NEWSWIRE) -- Live Oak Bancshares, Inc. (NYSE:LOB) ("Live Oak" or "the Company") today reported fourth quarter of 2023 net income of $16.2 million, or $0.36 per diluted share. Net income for the year ended December 31, 2023, totaled $73.9 million, or $1.64 per diluted share. "Live Oak Bank spent 2023 doing what we do best -- growing loans, deposits, and revenue in our mission to support small business owners, our employees and our shareholders," said Live Oak Chairman and CEO James S. (Chip) Mahan III. "When looking back at 2023, it is clear that our customers and our model were extraordinarily resilient. We are proud to serve America's small bu

WILMINGTON, N.C., Jan. 10, 2024 (GLOBE NEWSWIRE) -- Live Oak Bancshares, Inc. ("Live Oak") (NYSE:LOB) today announced that it will report its fourth quarter 2023 financial results after U.S. financial markets close on Wednesday, January 24, 2024. In conjunction with this announcement, Live Oak will host a conference call to discuss the company's financial results and business outlook on Thursday, January 25, 2024, at 9:00 a.m. ET. The call will be accessible by telephone and webcast using Conference ID: 19103652. A supplementary slide presentation will be posted to the website prior to the event, and a replay will be available for 12 months following the event. The conference call detai

WILMINGTON, N.C., Oct. 25, 2023 (GLOBE NEWSWIRE) -- Live Oak Bancshares, Inc. (NYSE:LOB) ("Live Oak" or "the Company") today reported third quarter of 2023 net income of $39.8 million, or $0.88 per diluted share. "The success of our quarter shows that Live Oak Bank remains on a path of sustainable and sound growth to fulfill our mission to be America's small business bank," said Live Oak Chairman and CEO James S. (Chip) Mahan III. "Our products continue to be delivered with a focus on high-touch service, and our branchless technology-driven platform is an efficient way to get capital into the hands of small business owners." Third Quarter 2023 Key Measures (Dollars in thousands, exc

WILMINGTON, N.C., Oct. 11, 2023 (GLOBE NEWSWIRE) -- Live Oak Bancshares, Inc. ("Live Oak") (NYSE:LOB) today announced that it will report its third quarter 2023 financial results after U.S. financial markets close on Wednesday, October 25, 2023. In conjunction with this announcement, Live Oak will host a conference call to discuss the company's financial results and business outlook on Thursday, October 26, 2023, at 9:00 a.m. ET. The call will be accessible by telephone and webcast using Conference ID: 73371580. A supplementary slide presentation will be posted to the website prior to the event, and a replay will be available for 12 months following the event. The conference call detail

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. "This is a seminal moment in Live Oak's history," said Live Oak Chairman and CEO James S. (Chip) Mahan III. "The last few months put mounting pressure on many financial institutions. While Live Oak sits in a unique and strong position, others across the industry still see headwinds as credit continues to tighten, the branch model remains costly, and customers demand higher deposit rates. This quarter demonstrated the strength of our digital lending and deposit franchise as we dr

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. In conjunction with this announcement, Live Oak will host a conference call to discuss the company's financial results and business outlook on Wednesday, July 26, 2023, at 9:00 a.m. ET. The call will be accessible by telephone and webcast using Conference ID: 52547679. A supplementary slide presentation will be posted to the website prior to the event, and a replay will be available for 12 months following the event. The conference call details are

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. "The headlines for the first quarter of 2023 centered around deposits, liquidity, and credit. In the midst of this discourse, Live Oak weathered the noise and has a solid story to tell with continued deposit growth, a record first quarter for production backed by strong liquidity and healthy credit," said Live Oak Chairman and CEO James S. (Chip) Mahan III. "We will continue to do what we have been doing since inception, diligently working to be America's small business bank, wh

WILMINGTON, N.C., Jan. 25, 2023 (GLOBE NEWSWIRE) -- Live Oak Bancshares, Inc. (NYSE:LOB) ("Live Oak" or "the Company") today reported fourth quarter of 2022 net income of $1.8 million, or $0.04 per diluted share. Net income for the year ended December 31, 2022, totaled $176.2 million, or $3.92 per diluted share. "Live Oak closed 2022 with a strong quarter as our teams once again produced more than $1 billion in loan originations, ending a banner year that also reflected continued deposit growth and $96 million in organic capital growth," said Live Oak Chairman and CEO James S. (Chip) Mahan III. "The strength and determination of the small business owners we serve is profound,

WILMINGTON, N.C., Jan. 11, 2023 (GLOBE NEWSWIRE) -- Live Oak Bancshares, Inc. ("Live Oak") (NYSE:LOB) today announced that it will report its fourth quarter 2022 financial results after U.S. financial markets close on Wednesday, January 25, 2023. In conjunction with this announcement, Live Oak will host a conference call to discuss the company's financial results and business outlook on Thursday, January 26, 2023, at 9:00 a.m. ET. To listen to the call via a live audio webcast, visit http://investor.liveoakbank.com/. To participate via telephone, please register in advance at this link https://register.vevent.com/register/BI38276e2e147f4289a0d59072d04a6f09. Upon registration, participan

WILMINGTON, N.C., Oct. 26, 2022 (GLOBE NEWSWIRE) -- Live Oak Bancshares, Inc. (NASDAQ:LOB) ("Live Oak" or "the Company") today reported third quarter of 2022 net income of $42.9 million, or $0.96 per diluted share. The third quarter of 2022 included a pretax gain of $28.4 million related to the sale of the Company's investment in Payrailz, LLC ("Payrailz"). "Live Oak remains steadfastly dedicated to serving small business customers across our country with vital capital to create jobs, boost local economies and achieve more," said Live Oak Bancshares Chairman and CEO James S. (Chip) Mahan III. "Once again this quarter, we recognized capital gains from a fintech investment, giving Live Oa

WILMINGTON, N.C., Oct. 12, 2022 (GLOBE NEWSWIRE) -- Live Oak Bancshares, Inc. ("Live Oak") (NASDAQ:LOB) today announced that it will report its third quarter 2022 financial results after U.S. financial markets close on Wednesday, October 26, 2022. In conjunction with this announcement, Live Oak will host a conference call to discuss the company's financial results and business outlook on Thursday, October 27, 2022, at 9:00 a.m. ET. To listen to the call via a live audio webcast, visit http://investor.liveoakbank.com/. To participate via telephone, please register in advance at this link: https://register.vevent.com/register/BI8691db015f994feb8d94d064927ef770. Upon registration, all tele

WILMINGTON, N.C., July 27, 2022 (GLOBE NEWSWIRE) -- Live Oak Bancshares, Inc. (NASDAQ:LOB) ("Live Oak" or "the Company") today reported second quarter of 2022 net income of $97.0 million, or $2.16 per diluted share. The second quarter of 2022 included a pretax gain of $120.5 million related to the sale of the Company's investment in Finxact, Inc. ("Finxact"). "We continue to be optimistic about the future, as the second quarter's performance indicates there are ample opportunities to serve America's small businesses on our next-generation platform," said Live Oak Bancshares Chairman and CEO James S. (Chip) Mahan, III. "The capital gains we recognized this quarter through our Finxact inves

WILMINGTON, N.C., July 13, 2022 (GLOBE NEWSWIRE) -- Live Oak Bancshares, Inc. ("Live Oak") (NASDAQ:LOB) today announced that it will report its second quarter 2022 financial results after U.S. financial markets close on Wednesday, July 27, 2022. In conjunction with this announcement, Live Oak will host a conference call to discuss the company's financial results and business outlook on Thursday, July 28, 2022, at 9:00 a.m. ET. To participate via telephone, please register in advance at this link: https://register.vevent.com/register/BI742b362216fb43a0af58bc7251128382. Upon registration, all telephone participants will receive a confirmation email detailing how to join the conference call

WILMINGTON, N.C., April 27, 2022 (GLOBE NEWSWIRE) -- Live Oak Bancshares, Inc. (NASDAQ:LOB) ("Live Oak" or "the Company") today reported first quarter of 2022 net income of $34.5 million, or $0.76 per diluted share. "Live Oak Bank continues to focus on soundness, profitability and growth – in that order – and this quarter sustains the momentum of our franchise with strong balance sheet growth, credit quality and a differentiated model dedicated to America's small business owners," said Live Oak Chairman and CEO James S. (Chip) Mahan, III. "The beginning of 2022 provided continued indications that the small business market is robust and there remain many exciting opportunities for Live Oak

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. In conjunction with this announcement, Live Oak will host a conference call to discuss the company's financial results and business outlook on Thursday, April 28, 2022, at 9:00 a.m. ET. To access this call, dial (844) 743-2494 (domestic) or (661) 378-9528 (international) with conference ID 8584099. A live webcast of the conference call will be available on the Investor Relations page of the company's website at http://investor.liveoakbank.com/.

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 closed 2021 with one of our strongest quarters in the Company's history," said Live Oak Chairman and CEO James S. (Chip) Mahan, III. "For three consecutive quarters we have exceeded $1.0 billion in loan originations, with year-over-year organic growth of 32% in total loans outside of PPP and 24% in total deposits. We also ended

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. In conjunction with this announcement, Live Oak will host a conference call to discuss the company's financial results and business outlook on Wednesday, January 26, 2022, at 8:30 a.m. ET. To access this call dial, (844) 743-2494 (domestic) or (661) 378-9528 (international) with conference ID 2079907. A live webcast of the conference call will be available on the Investor Relations page of the company's website at http://investor.liveoakbank.com/

WILMINGTON, N.C., Oct. 13, 2021 (GLOBE NEWSWIRE) -- Live Oak Bancshares, Inc. ("Live Oak") (NASDAQ:LOB) today announced that it will report its third quarter 2021 financial results after U.S. financial markets close on Wednesday, October 27, 2021. In conjunction with this announcement, Live Oak will host a conference call to discuss the company's financial results and business outlook on Thursday, October 28, 2021, at 9:00 a.m. ET. To access this call dial, (844) 743-2494 (domestic) or (661) 378-9528 (international) with conference ID 8796489. A live webcast of the conference call will be available on the Investor Relations page of the company's website at http://investor.liveoakbank.com/

WILMINGTON, N.C., July 21, 2021 (GLOBE NEWSWIRE) -- Live Oak Bancshares, Inc. (NASDAQ:LOB) ("Live Oak" or "the Company") today reported second quarter 2021 net earnings available to common shareholders of $63.6 million, or $1.41 per diluted share. The second quarter of 2021 included a pretax gain of $44.1 million related to an investment in Greenlight Financial Technologies, Inc. ("Greenlight") accounted for as an equity security. "The second quarter of 2021 showed strength across all of Live Oak's key metrics. Our loan originations exceeded $1.0 billion, core revenues continued a strong growth trend, and our efforts in financial technology lifted earnings and capital," said Live Oa