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.
Key figures
- Eps
- 0.74
- Revenue
- 156145000
- Revenue Yoy
- 11.8%
- Total assets
- 16038141000
- Efficiency ratio
- 54.13%
- Loan originations
- 1548432000
- Provision expense
- 25800000
- Net interest income
- 125338000
- Net interest margin
- 3.33%
AI analysis
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