Live Oak Bancshares, Inc. (LOB) Form 10-Q — Nov 3, 2026
Live Oak Bancshares reported Q3 2026 net income attributable to common shareholders of $24.3 million, or $0.52 per diluted share, down slightly from $25.6 million ($0.55) a year ago, as a sharply higher provision for credit losses offset strong revenue growth. Nine-month net income rose to $92.9 million from $59.5 million, on net interest income of $377.7 million (+16.1%), record originations of $5.1 billion, and an $8.6 million gain on equity warrants. Total assets grew 12.1% to $17.0 billion and deposits rose 13.0% to $15.5 billion.
Key figures
- Eps
- 0.52
- Revenue
- 377747000
- Net Income
- 92916000
- Total Debt
- 99793000
- Total Assets
- 16965575000
- Cash Position
- 1099902000
- Shares Outstanding
- 46377874
- Q3 diluted eps
- 0.52
- Total deposits
- $15.5B (+13.0% YTD)
- Uninsured deposits
- $2.5B (16.4% of total)
- Q3 2025 diluted eps
- 0.55
- Loan originations 9m
- $5.1B record
- Net interest income q3
- $133.0M (+15.2% YoY)
- Net interest margin q3
- 3.30%
- Nine month diluted eps
- 1.86
- Loans held for investment
- $13.2B (+16.7% YoY)
- Net charge offs q3 annualized
- 1.00% (vs 0.61%)
- Provision for credit losses 9m
- $100.6M (vs $74.5M)
- Provision for credit losses q3
- $54.7M (vs $22.2M)
- Allowance for credit losses ratio
- 1.62%
- Q3 net income attributable common
- $24.3M
- Nonperforming loans unguaranteed exposure
- $152.4M (+37.0% YoY)
AI analysis
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