Live Oak Bancshares, Inc. (LOB) Live Oak Bancshares, Inc., established in 2008 and based in Wilmington, North Carolina, functions as the parent entity for Live Oak Banking Company. This financial institution delivers a comprehensive array of commercial banking solutions to individuals, small enterprises, and professionals, with operations spanning North Carolina and the broader United States. Its deposit product lineup features both noninterest-bearing demand accounts and various interest-bearing options, including checking, money market, savings, and time deposits. On the lending side, Live Oak extends financing through commercial and industrial loans, construction and development loans, diverse commercial real estate loans (covering both owner-occupied and non-owner-occupied properties), and commercial land loans. Beyond its primary banking activities, the company provides specialized services. These include handling settlement, accounting, and securitization for government-backed loans; offering wealth and investment management to affluent individuals and families; and delivering investment advisory services to funds that primarily inject venture capital into emerging financial technology companies. For the convenience of its staff and business guests, an on-site restaurant is also available.
Sector: State Commercial Banks
Industry: Banks - Regional
Live Oak Bancshares, Inc. NYSE:LOB Financial Services · Banks - Regional
Mkt Cap $1.63B
Div Yield 0.34%
AH Close $35.15 +0.00% vs close
AH Close $35.15 +0.00% vs close
Mkt Cap $1.63B
Div Yield 0.34%
All Press Release SEC Filings News
Press Release ● Major ⚠ 5
Live Oak Bancshares, Inc. Reports Third Quarter 2026 Results
Live Oak Bancshares reported Q3 2026 net income to common of $24.3 million, or $0.52 per diluted share, down 30% from Q2 and 5.5% from a year ago.
The earnings decline was driven by a $54.7 million provision for credit losses that more than doubled sequentially, including a decisive $17.0 million action on a stressed distillery lending portfolio; net charge-offs rose to $32.1 million (1.00% of average loans).
Underlying operations remained strong: total revenue grew 23.4% YoY to $175.6 million, pre-provision net revenue rose 52.9% YoY, the efficiency ratio improved to 48.80%, and loan production hit $2.1 billion with total assets reaching $17.0 billion.
The company also reiterated a previously identified material weakness in internal control over financial reporting in its risk factors; a conference call is scheduled for October 22 at 9:00 a.m. ET.
• 4d ago AI analysis › SEC Filing
LOB: 8-K · leadership change
Live Oak Bancshares disclosed that Renato Derraik, Chief Information & Digital Officer of its bank subsidiary, resigned on October 14, 2026 to pursue other endeavors.
His last day of employment will be November 6, 2026, giving the bank roughly three weeks of transition.
The filing does not name a successor or indicate any dispute, so the departure appears routine, though investors may watch for follow-on disclosure about his replacement.
SEC 8-K • 5d ago AI analysis › Press Release
Live Oak Bank Named Nation's Top SBA 7(a) Lender
Live Oak Bank was named the nation's top SBA 7(a) lender by dollar amount in the SBA's FY2026 rankings, which ended Sept. 30, 2026.
The bank approved 2,411 7(a) loans during the fiscal year, deploying more than $2.58 billion to small businesses nationwide.
The recognition underscores Live Oak's lead position in government-guaranteed small business lending, a core driver of its loan origination franchise.
• 6d ago AI analysis › Press Release
Live Oak Bancshares, Inc. Announces Date of Third Quarter 2026 Financial Results
Live Oak Bancshares will report third quarter 2026 financial results after market close on Wednesday, October 21, 2026.
A conference call to discuss results and business outlook is scheduled for Thursday, October 22, 2026, at 9:00 a.m. ET, with telephone and webcast access and a replay available for 12 months.
This is a scheduling notice only — no results, guidance, or quantitative figures were disclosed.
• 18d ago AI analysis › Press Release
Live Oak Bank Named Official Business Bank of UNCW Athletics
Live Oak Bank has been named the Official Business Bank of UNCW Athletics under a multi-year agreement, expanding a relationship that already includes title sponsorship of the Live Oak Bank Holiday Classic men's basketball tournament.
The agreement gives the bank year-round visibility across Seahawk athletics, including basketball at Trask Coliseum and baseball at Brooks Field, plus a platform to reach Wilmington's small business owners.
No financial terms were disclosed. The deal deepens an existing local tie: more than 200 UNCW alumni work at the bank, and president BJ Losch called the sponsorship a direct investment in the Wilmington business community.
• 1mo ago AI analysis › SEC Filing ⚠ 1
LOB: 8-K · other
Live Oak Bancshares disclosed that Chairman and CEO James S. Mahan III entered into a prearranged stock trading plan on August 28, 2026 to sell up to 400,000 shares of the company's voting common stock.
Sales under the plan may begin in November 2026 and run through November 2027, and the plan is structured to comply with Rule 10b5-1. Individual transactions will be publicly disclosed through Form 4 filings with the SEC.
The company frames the plan as part of Mahan's personal long-term financial and tax planning strategies, and 10b5-1 plans of this kind are routine insider diversification vehicles rather than signals of distress, though investors may still watch the pace of actual sales once Form 4 disclosures begin in November 2026.
SEC 8-K • 1mo ago SEC Filing
LOB: 8-K · dividend
Live Oak Bancshares' Board of Directors declared a cash dividend of $0.03 per share of voting common stock on August 18, 2026.
The board also declared a cash dividend of $0.52344 per depositary share of the company's 8.375% Fixed Rate Series A Non-Cumulative Perpetual Preferred Stock.
Both dividends are payable on September 15, 2026, to shareholders of record as of September 1, 2026.
SEC 8-K • 2mo ago Press Release ● Major ⚠ 2
Live Oak Bancshares, Inc. Reports Second Quarter 2026 Results
Live Oak Bancshares reported Q2 net income of $34.7 million, or $0.74 per share, fueled by $1.55 billion in loan production and $712.5 million in deposit growth.
Total revenue rose 11.8% year-over-year to $156.1 million, driven by a 6 basis point expansion in net interest margin to 3.33% and a 19% increase in pre-provision net revenue.
Expense discipline improved the efficiency ratio to 54.13% as total assets grew 16% year-over-year to $16.04 billion.
• 3mo ago AI analysis › Press Release
Live Oak Bancshares, Inc. Announces Date of Second Quarter 2026 Financial Results
Live Oak Bancshares announced that it will report its second quarter 2026 financial results after the market closes on Wednesday, July 22, 2026.
The company will host a conference call to discuss the financial results and business outlook on Thursday, July 23, 2026, at 9:00 a.m. ET.
A supplementary slide presentation will be posted to the investor relations website prior to the call, and a replay will be available for 12 months.
• 3mo ago AI analysis › Press Release
Live Oak Bank Appoints Matthew S. Diffley as Chief Accounting Officer
Live Oak Bank appointed Matthew S. Diffley as Chief Accounting Officer, placing him in charge of financial reporting, accounting policy, and SOX compliance.
Diffley brings over 20 years of experience from Seacoast Banking Corporation and JPMorganChase, where he oversaw significant asset growth and regulatory reporting.
CFO Walt Phifer noted that Diffley's deep expertise is critical for a high-growth institution and that he will serve as a strategic partner to the leadership team.
• 3mo ago AI analysis › SEC Filing
LOB: 8-K · leadership change
Live Oak Bancshares announced that J. Wesley Sutherland will no longer serve as Chief Accounting Officer of the company or its subsidiary, Live Oak Banking Company, effective June 16, 2026.
Walter J. Phifer, the current Chief Financial Officer, has assumed the role of Principal Accounting Officer on an interim basis while the company conducts an external search for a permanent successor.
The company stated that Mr. Sutherland will remain employed as a Senior Advisor to assist with the transition until his retirement on or about September 30, 2026.
SEC 8-K • 4mo ago AI analysis › Press Release
Aligned Climate Capital Closes $33M in Construction Financing for Delaware Community Solar Projects
Live Oak Bank’s Renewable Energy Lending team closed $33 million in construction financing for two Delaware community solar projects held in Aligned Solar Partners 6.
The Rifle Range Solar and Delaware Avenue Solar projects total 11.8 MWdc and are expected to generate 18.2 million kWh annually, serving approximately 1,661 homes and avoiding 11,100 metric tons of CO2.
Developed by ReWild Renewables and constructed by Solar Gaines, the sites are expected to support 141 construction jobs and qualify for Investment Tax Credits under the Inflation Reduction Act.
• 4mo ago AI analysis › Press Release
Live Oak Bank Grant Fuels Workforce Mobility Through The Forward Fund
Live Oak Bank highlighted the first-year impact of its five-year, $1 million commitment to The Forward Fund, a North Carolina-based workforce mobility initiative.
The program issued $2.3 million in zero-interest loans to over 270 individuals for career training in high-demand fields such as CDL, nursing, and electrical linework.
Early results show $1.4 million in loans in repayment, generating an estimated $2.8 million in new annual earnings for graduates, with an average post-program salary exceeding $45,000.
• 4mo ago AI analysis › SEC Filing
LOB: 8-K · proxy statement
Live Oak Bancshares, Inc. (LOB) reported the results of its 2026 Annual Meeting of Shareholders held on May 19, 2026. Shareholders elected ten directors to the Board, including Tonya W. Bradford, William H. Cameron, and Patrick T. McHenry, with all nominees receiving significant majority support.
The shareholders also approved the 2026 Omnibus Stock Incentive Plan and the 2026 Employee Stock Purchase Plan. Additionally, shareholders approved a non-binding advisory proposal regarding executive compensation and ratified KPMG, LLP as the independent auditor for 2026.
The filing confirms routine corporate governance activities with no contested elections or significant dissenting votes, indicating stable shareholder relations and board continuity.
SEC 8-K • 5mo ago AI analysis › Press Release ● Major ⚠ 1
Live Oak Bancshares, Inc. Reports First Quarter 2026 Results
Live Oak reported first quarter 2026 net income of $27.9 million, or $0.60 per diluted share, representing a significant increase from the prior year period.
The bank achieved strong loan production of $1.37 billion and deposit growth of $146.4 million, growing total assets to $15.30 billion compared to the first quarter of 2025.
Net interest margin compressed 11 basis points sequentially to 3.27%, while provision for credit losses decreased by $8.9 million year-over-year to $20.1 million.
• 6mo ago AI analysis › Recent SEC filings with analysis 
