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.
Key figures
- Eps
- 0.6
- Revenue
- $145,474
- Revenue Yoy
- 18.4%
- Net income
- $27.9 million
- Deposit growth
- $146.4 million
- Loan production
- $1.37 billion
- Provision expense
- $20.1 million
- Net interest margin
- 3.27%
AI analysis
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