YOLFTbeta
Live Oak Bancshares, Inc.

Live Oak Bancshares, Inc.

LOB · NYSE · Financial Services / Banks - Regional

35.14USD+0.51 (+1.47%)

Price History

Full chart

Market Stats

Previous Close34.63
Open34.69
Day Range34.42 – 35.15
52-Week Range29.26 – 44.50
Volume182.23K
Market Cap1.73B
P/E (TTM)13.10
Forward P/E10.19
EPS2.86
Dividend Yield0.32%
Beta1.87
50-Day Avg40.89
200-Day Avg38.11

About

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. The company accepts various deposit products, including noninterest-bearing demand, as well as interest-bearing checking, money market, savings, and time deposits. It also provides 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 offers settlement, accounting, and securitization services for government guaranteed loans; financing for renewable energy application industry; strategic 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 founded in 2008 and is headquartered in Wilmington, North Carolina.

Company Details

  • SectorFinancial Services
  • IndustryBanks - Regional
  • CEOMr. James S. Mahan III
  • Employees1.03K
  • Headquarters1741 Tiburon Drive, Wilmington, NC, United States, 28403, USA
  • Websitehttps://www.liveoak.bank

Leadership

  • Mr. James S. Mahan IIIChairman & CEO · b. 1952
  • Mr. William C. Losch IIIPresident · b. 1971
  • Mr. Walter J. PhiferChief Financial Officer · b. 1984
  • Mr. Mark M. MorozChief Banking Officer · b. 1974
  • Mr. Renato DerraikChief Information & Digital Officer and Interim Information Security Officer of Bank · b. 1972
  • Mr. William L. Williams IIIVice Chairman & Executive VP · b. 1952
  • Mr. Matthew S. DiffleyPrincipal Accounting Officer · b. 1980
  • Mr. Gregory W. Seward J.D.General Counsel · b. 1976
  • Ms. Claire ParkerSenior Vice President of Corporate Communications
  • Ms. E. Dawn ThompsonSenior Vice President of Government Relations

Financials

Income Statement

Currency: USD2011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue40.87M54.16M60.58M81.18M112.95M144.79M203.25M253.33M289.51M378.31M506.41M508.83M776.55M929.29M1.04B
Growth (%)-+32.50%+11.86%+34.00%+39.15%+28.18%+40.37%+24.64%+14.28%+30.67%+33.86%+0.48%+52.62%+19.67%+12.05%
Cost of Revenue5.59M5.74M3.66M8.64M12.67M27.16M34.97M60.16M103.11M134.34M79.64M157.91M394.29M532.68M538.25M
Gross Profit35.28M48.42M56.91M72.53M100.29M117.63M168.27M193.17M186.40M243.97M426.77M350.92M382.26M396.61M503.00M
Gross Margin86.32%89.40%93.95%89.35%88.78%81.24%82.79%76.25%64.39%64.49%84.27%68.97%49.23%42.68%48.31%
Operating Expense20.97M33.62M28.97M55.09M65.89M100.42M70.02M147.12M162.94M196.58M215.99M140.59M299.43M307.38M342.01M
Operating Income14.31M14.80M27.94M17.44M34.40M17.21M98.25M46.05M23.46M47.39M210.79M210.32M82.83M89.23M160.98M
Operating Margin35.02%27.33%46.13%21.48%30.45%11.88%48.34%18.18%8.10%12.53%41.62%41.33%10.67%9.60%15.46%
EBITDA14.64M15.47M29.44M19.59M37.83M21.47M108.53M62.43M43.43M69.08M232.15M231.11M104.10M112.52M185.09M
EBITDA Margin35.83%28.57%48.60%24.14%33.49%14.83%53.40%24.64%15.00%18.26%45.84%45.42%13.41%12.11%17.78%
Net Income14.31M16.09M28.06M10.05M20.63M13.77M100.50M51.45M18.03M59.54M167.00M176.21M73.90M77.47M103.78M
Net Income Margin35.02%29.72%46.32%12.38%18.26%9.51%49.45%20.31%6.23%15.74%32.98%34.63%9.52%8.34%9.97%
R&D----0000-------
R&D as % of Total Revenue----0.00%0.00%0.00%0.00%-------
Interest Expense2.74M3.63M4.52M5.85M8.86M14.62M25.44M54.60M87.90M93.69M64.43M116.97M342.97M436.47M460.11M
Interest Expense % of Total Revenue6.70%6.70%7.46%7.21%7.85%10.10%12.52%21.55%30.36%24.76%12.72%22.99%44.17%46.97%44.19%

Balance Sheet

Currency: USD2011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets266.16M342.47M430.36M673.32M1.05B1.76B2.76B3.67B4.81B7.87B8.21B9.86B11.27B12.94B15.13B
Total Liabilities238.57M310.71M381.96M581.50M853.13M1.53B2.32B3.18B4.29B7.30B7.50B9.04B10.68B11.94B13.88B
Total Equity27.58M33.06M48.39M91.81M199.49M222.85M436.93M493.56M522.38M567.85M715.13M811.03M586.56M999.03M1.25B
Cash27.54M44.17M37.24M39.90M112.86M245.26M298.27M324.07M134.00M303.67M191.95M284.24M582.79M609.05M865.15M
Total Debt8.66M12.21M12.32M47.95M52.38M27.84M27.42M2.90M2.64M1.56B326.29M83.20M23.35M112.82M102.40M
Net Debt-18.88M-31.97M-24.92M8.05M-84.48M-217.41M-271.71M-321.18M-131.37M1.24B126.34M-201.04M-559.44M-496.23M-762.75M

Cash Flow

Currency: USD2011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-10.92M-28.26M-44.17M-261.51M-334.68M-221.95M-287.53M6.29M-493.93M-272.99M-119.72M124.48M620.07M536.47M158.24M
Investing Cash Flow-44.37M-12.64M-20.54M18.47M59.58M-320.07M-535.02M-845.36M-673.16M-2.61B-149.80M-1.44B-1.77B-2.08B-1.90B
Financing Cash Flow56.85M57.53M57.78M235.70M347.81M677.42M879.81M863.10M1.07B2.98B154.95M1.53B1.32B1.57B2.00B
Capital Expenditure5.20M14.19M7.73M14.35M30.45M10.89M124.14M111.32M37.20M20.99M3.08M43.75M46.84M49.31M14.76M
Free Cash Flow-16.13M-42.45M-51.90M-275.85M-365.13M-232.84M-411.67M-105.03M-531.12M-293.98M-122.80M80.73M573.23M487.16M143.49M
Dividends Paid7.00M12.19M11.92M43.85M2.73M2.74M3.78M4.81M4.83M4.91M5.19M5.27M5.33M5.41M8.54M
FCF to OCF147.61%150.22%117.49%105.49%109.10%104.91%143.17%-1668.70%107.53%107.69%102.57%64.85%92.45%90.81%90.68%
Dividend Paid to FCF-43.44%-28.73%-22.97%-15.90%-0.75%-1.18%-0.92%-4.58%-0.91%-1.67%-4.22%6.52%0.93%1.11%5.95%

Earnings

Report DateSep 3, 2015Oct 21, 2015Jan 27, 2016Apr 27, 2016Jul 27, 2016Oct 26, 2016Jan 25, 2017Apr 26, 2017Jul 26, 2017Oct 25, 2017Jan 24, 2018Apr 25, 2018Jul 25, 2018Oct 24, 2018Jan 23, 2019Apr 24, 2019Jul 24, 2019Oct 23, 2019Jan 22, 2020Apr 22, 2020Jul 22, 2020Oct 21, 2020Jan 27, 2021Apr 21, 2021Jul 21, 2021Oct 27, 2021Jan 25, 2022Apr 27, 2022Jul 27, 2022Oct 26, 2022Jan 25, 2023Apr 26, 2023Jul 25, 2023Oct 25, 2023Jan 24, 2024Apr 24, 2024Jul 24, 2024Oct 23, 2024Jan 22, 2025Apr 23, 2025Jul 23, 2025Oct 22, 2025Jan 21, 2026Apr 22, 2026Jul 22, 2026Oct 28, 2026
EPS Estimate0.140.130.140.120.180.070.160.170.250.190.280.230.320.360.110.020.080.130.130.080.040.270.520.610.570.660.700.700.460.450.480.350.320.480.510.470.470.550.530.370.500.600.560.580.640.82
EPS Actual0.130.090.160.130.110.160.170.190.280.340.410.310.350.400.260.060.140.100.17-0.190.090.830.690.881.410.760.660.760.490.340.350.180.390.880.660.460.590.280.270.260.530.590.470.630.74-
Surprise-7.14%-30.77%14.29%8.33%-38.89%128.57%6.25%11.76%12.00%78.95%46.43%34.78%9.38%11.11%136.36%200.00%75.00%-23.08%30.77%-337.50%125.00%207.41%32.69%44.26%147.37%15.15%-5.71%8.57%6.52%-24.44%-27.08%-48.57%21.88%83.33%29.41%-2.13%25.53%-49.09%-49.06%-29.73%6.00%-1.67%-16.07%8.62%15.63%-
TimingAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours-

Key Statistics & Ratios

Market Cap1.73B
Enterprise Value1.01B
Trailing P/E13.10
Forward P/E10.19
PEG Ratio0.00
Price / Sales3.30
Price / Book1.41
EPS2.86
Book Value26.29
Revenue (TTM)526.38M
Gross Profit (TTM)526.38M
Profit Margin26.51%
Operating Margin38.83%
Return on Equity11.68%
Return on Assets0.93%
Shares Outstanding46.28M
Shares Float36.08M
Beta1.87
Dividend Yield0.32%
Dividend Rate0.12
Payout Ratio4.94%

Analyst Ratings

Hold
Based on 3 analystsTarget 46.25
  • Hold
    3

Ownership Breakdown

Institutions
72.58%
Insiders
22.93%
Retail / Other
4.49%

Top Institutional Holders

  • T. Rowe Price Investment Management,Inc.
    6.49M14.02%
  • BlackRock Inc
    3.43M7.42%
  • Dimensional Fund Advisors, Inc.
    1.62M3.49%
  • Vanguard Capital Management, LLC
    1.53M3.31%
  • State Street Corp
    1.44M3.11%
  • Barrow Hanley Mewhinney & Strauss LLC
    1.36M2.94%
  • Gilder Gagnon Howe & CO LLC
    1.19M2.58%
  • SouthernSun Asset Management, LLC
    934.75K2.02%
  • Vanguard Portfolio Management, LLC
    908.15K1.96%
  • Geode Capital Management, LLC
    853.96K1.85%
  • Loomis, Sayles & Company LP
    671.99K1.45%
  • American Century Companies Inc
    667.56K1.44%
  • Algert Global LLC
    586.17K1.27%
  • Royce & Associates, LP
    573.85K1.24%
  • William Blair Investment Management, LLC
    569.23K1.23%

Top Fund Holders

  • T. Rowe Price Small-Cap Value
    2.29M4.96%
  • Vanguard MStar Total Stk Mkt Idx Invest
    1.18M2.55%
  • T. Rowe Price Small-Cap Stock
    964.85K2.08%
  • iShares Russell 2000 ETF
    928.94K2.01%
  • Avantis US Small Cap Value ETF
    695.36K1.50%

Dividends

20263×
0.03Sep 1, 20260.03Jun 2, 20260.03Mar 5, 2026
20254×
0.03Dec 2, 20250.03Sep 2, 20250.03Jun 3, 20250.03Feb 25, 2025
20244×
0.03Dec 2, 20240.03Sep 3, 20240.03Jun 4, 20240.03Feb 26, 2024
20234×
0.03Nov 27, 20230.03Sep 1, 20230.03Jun 6, 20230.03Feb 27, 2023
20224×
0.03Nov 28, 20220.03Sep 2, 20220.03May 27, 20220.03Feb 28, 2022
20214×
0.03Nov 26, 20210.03Sep 3, 20210.03May 24, 20210.03Mar 8, 2021
20201×
0.03Nov 30, 2020