LOB - Live Oak Bancshares Inc Stock Price, Fair Value and News

36.70USD+0.02 (+0.05%)Market Closed

Market Summary

USD36.70+0.02

Market Closed

0.05%

LOB Alerts

2 major insider sales recently.

LOB Stock Price

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LOB RSI Chart

LOB Valuation

Market Cap

1.6B

Price/Earnings (Trailing)

22.23

Price/Sales (Trailing)

2.39

EV/EBITDA

2.36

Price/Free Cashflow

2.87

LOB Price/Sales (Trailing)

LOB Profitability

EBT Margin

12.03%

Return on Equity

8.19%

Return on Assets

0.66%

Free Cashflow Yield

34.89%

LOB Fundamentals

LOB Revenue

Revenue (TTM)

688.3M

Rev. Growth (Yr)

36.55%

Rev. Growth (Qtr)

3.28%

LOB Earnings

Earnings (TTM)

73.9M

Earnings Growth (Yr)

801.95%

Earnings Growth (Qtr)

-59.38%

Breaking Down LOB Revenue

Last 7 days

-3.9%

Last 30 days

-4.9%

Last 90 days

-10.1%

Trailing 12 Months

46.7%

How does LOB drawdown profile look like?

LOB Financial Health

Debt/Equity

2e-5

Debt/Cashflow

41.3K

LOB Investor Care

Dividend Yield

0.33%

Dividend/Share (TTM)

0.12

Shares Dilution (1Y)

1.41%

Diluted EPS (TTM)

1.64

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2023	503.1M	573.6M	638.3M	688.3M
2022	365.8M	377.0M	400.1M	444.5M
2021	313.2M	334.3M	352.1M	361.2M
2020	241.5M	253.2M	267.2M	288.4M
2019	177.5M	191.7M	210.9M	228.0M
2018	118.1M	134.7M	148.4M	162.6M
2017	68.8M	80.4M	91.9M	103.5M
2016	40.2M	45.9M	51.6M	57.3M
2015	24.0M	27.5M	31.0M	34.5M
2014	0	17.1M	18.8M	20.6M
2013	0	0	0	15.3M

Get all data in R, Python etc through our Historical Stock Data APIs

Tracking the Latest Insider Buys and Sells of Live Oak Bancshares Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Mar 11, 2024	davis micah s	sold	-343,421	39.8724	-8,613	chief marketing & comm officer
Mar 07, 2024	sutherland john w.	sold	-426,891	40.6563	-10,500	chief accounting officer
Feb 29, 2024	petty miltom emmett	acquired	132,000	4.4	30,000	-
Feb 29, 2024	petty miltom emmett	sold	-397,252	39.7252	-10,000	-
Feb 23, 2024	smits steve	acquired	-	-	1,000	chief credit officer
Feb 23, 2024	davis micah s	sold (taxes)	-17,488	39.3	-445	chief marketing & comm officer
Feb 23, 2024	smits steve	sold (taxes)	-17,488	39.3	-445	chief credit officer
Feb 23, 2024	sutherland john w.	sold (taxes)	-3,497	39.3	-89.00	chief accounting officer
Feb 23, 2024	phifer walter j	sold (taxes)	-1,336	39.3	-34.00	chief financial officer
Feb 23, 2024	mann stephanie	acquired	-	-	2,000	chief strategy officer

Which funds bought or sold LOB recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 17, 2024	PATRIOT INVESTMENT MANAGEMENT GROUP, INC.	reduced	-0.27	-38,615	389,904	0.03%
Apr 16, 2024	Arlington Trust Co LLC	sold off	-100	-2,366	-	-%
Apr 16, 2024	TOTH FINANCIAL ADVISORY CORP	added	10.67	1,314	137,814	0.02%
Apr 16, 2024	Independence Bank of Kentucky	new	-	43,586	43,586	0.01%
Apr 15, 2024	WEALTH ENHANCEMENT ADVISORY SERVICES, LLC	reduced	-12.59	-372,346	1,465,720	-%
Apr 12, 2024	First PREMIER Bank	new	-	2,000	2,000	-%
Apr 12, 2024	Riverview Trust Co	new	-	28,393	28,393	0.02%
Apr 12, 2024	BALDWIN BROTHERS LLC/MA	sold off	-100	-2,275	-	-%
Apr 11, 2024	Fortitude Family Office, LLC	unchanged	-	-148	1,536	-%
Apr 11, 2024	Ballentine Partners, LLC	added	0.08	-28,619	300,574	0.01%

Are Funds Buying or Selling LOB?

Are funds buying LOB calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own LOB

No. of Funds

LOB Alerts

2 major insider sales recently.

Unveiling Live Oak Bancshares Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 14, 2024	t. rowe price investment management, inc.	14.3%	6,365,830	SC 13G/A
Feb 14, 2024	ameriprise financial inc	1.99%	884,296	SC 13G/A
Feb 13, 2024	vanguard group inc	5.64%	2,509,008	SC 13G/A
Jan 29, 2024	blackrock inc.	6.5%	2,887,100	SC 13G/A
Feb 16, 2023	blackrock inc.	5.3%	2,325,349	SC 13G/A
Feb 14, 2023	ameriprise financial inc	5.04%	2,216,885	SC 13G
Feb 14, 2023	t. rowe price investment management, inc.	14.2%	6,232,708	SC 13G/A
Feb 13, 2023	capital research global investors	0.0%	0	SC 13G/A
Feb 10, 2023	mahan james s iii	15.4%	0	SC 13G/A
Feb 09, 2023	vanguard group inc	5.57%	2,449,962	SC 13G/A

Recent SEC filings of Live Oak Bancshares Inc

View All Filings

Date Filed	Form Type	Document
Apr 05, 2024	ARS	ARS
Apr 05, 2024	DEF 14A	DEF 14A
Apr 05, 2024	DEFA14A	DEFA14A
Apr 04, 2024	8-K	Current Report
Mar 13, 2024	4	Insider Trading
Mar 11, 2024	4	Insider Trading
Mar 07, 2024	144	Notice of Insider Sale Intent
Mar 04, 2024	4	Insider Trading
Feb 29, 2024	144	Notice of Insider Sale Intent
Feb 26, 2024	4	Insider Trading

Peers (Alternatives to Live Oak Bancshares Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
JPM	522.1B	171.1B	-6.46%	28.36%	10.54	3.05	60.72%	31.52%
BAC	281.5B	130.3B	-0.75%	18.96%	10.62	2.16	79.51%	-3.68%
WFC	210.3B	85.7B	3.10%	39.16%	10.99	2.45	41.49%	39.96%
C	111.5B	133.3B	-0.93%	15.69%	12.08	0.84	79.09%	-
CFG	15.1B	10.2B	-1.88%	7.84%	9.38	1.48	44.53%	-22.43%
KEY	13.4B	7.9B	-0.76%	16.16%	13.89	1.69	46.47%	-49.56%
MID-CAP
CMA	6.7B	4.2B	1.60%	7.60%	7.62	1.61	56.25%	-23.46%
ZION	5.8B	3.9B	-1.36%	19.93%	8.55	1.47	45.91%	-25.03%
ABCB	3.1B	1.3B	-2.95%	27.92%	11.48	2.41	43.24%	-22.35%
ASB	3.0B	2.0B	-1.33%	8.51%	16.53	1.54	70.97%	-50.03%
SMALL-CAP
AMNB	497.6M	120.2M	6.68%	49.76%	19.02	4.14	45.65%	-13.98%
ALRS	393.0M	164.9M	-4.83%	27.38%	33.6	2.38	42.66%	-70.76%
AROW	361.7M	162.6M	-7.65%	-5.53%	12.03	2.22	25.39%	-38.37%
ACNB	269.1M	96.6M	-9.91%	0.13%	8.49	2.78	11.02%	-11.37%
ASRV	44.8M	60.9M	9.21%	-17.67%	-13.38	0.74	24.06%	-144.92%

Live Oak Bancshares Inc News

Latest updates

Live Oak Bancshares Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	3.3%	187	181	170	151	137	116	99.00	93.00	92.00	93.00	88.00	88.00	83.00	75.00	67.00	63.00	62.00	61.00	55.00	50.00	45.00
EBITDA Margin	-2.8%	0.65*	0.67*	0.74*	1.04*	1.26*	1.49*	1.57*	1.47*	1.46*	1.36*	1.36*	1.12*	0.91*	0.89*	-	-	-	-	-	-	-
Interest Expenses	0.2%	90.00	89.00	84.00	82.00	86.00	84.00	80.00	78.00	78.00	78.00	71.00	70.00	62.00	51.00	41.00	40.00	38.00	38.00	34.00	31.00	29.00
Income Taxes	-55.5%	1.00	3.00	1.00	3.00	-1.07	2.00	25.00	8.00	18.00	9.00	13.00	4.00	-17.55	12.00	1.00	-7.78	2.00	2.00	1.00	0.00	-3.01
Earnings Before Taxes	-59.1%	17.00	43.00	19.00	4.00	1.00	44.00	122	43.00	48.00	43.00	76.00	44.00	12.00	45.00	5.00	-15.38	9.00	6.00	6.00	3.00	7.00
EBT Margin	16.3%	0.12*	0.10*	0.12*	0.34*	0.47*	0.64*	0.68*	0.57*	0.58*	0.50*	0.53*	0.34*	0.16*	0.17*	-	-	-	-	-	-	-
Net Income	-59.4%	16.00	40.00	18.00	0.00	2.00	43.00	97.00	35.00	30.00	34.00	64.00	39.00	30.00	34.00	4.00	-7.60	7.00	4.00	5.00	2.00	10.00
Net Income Margin	15.1%	0.11*	0.09*	0.11*	0.28*	0.40*	0.51*	0.52*	0.44*	0.46*	0.47*	0.50*	0.34*	0.21*	0.14*	-	-	-	-	-	-	-
Free Cashflow	1.4%	149	147	130	148	18.00	13.00	-86.96	136	13.00	-15.52	-82.77	-37.49	3.00	-213	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	2.9%	11,271	10,950	10,819	10,364	9,855	9,315	9,121	8,620	8,213	8,137	8,243	8,418	7,872	8,093	8,209	5,274	4,813	4,604	4,274	4,058	3,673
Cash Equivalents	8.9%	583	535	808	463	417	403	632	508	204	347	-	-	318	-	-	-	221	-	-	-	15.00
Net PPE	-0.1%	258	258	269	268	263	260	258	255	240	244	249	254	259	254	269	274	279	281	281	272	263
Liabilities	2.7%	10,369	10,100	9,987	9,541	9,044	8,512	8,329	7,907	7,498	7,448	7,586	7,828	7,304	7,509	7,661	4,743	4,280	4,075	3,755	3,558	3,177
Short Term Borrowings	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1.00	1.00	1.00	1.00
Long Term Debt	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.00	0.00	0.00	0.00
Shareholder's Equity	6.2%	903	850	832	823	811	802	792	713	715	689	657	590	568	584	548	534	532	528	519	500	494
Retained Earnings	2.4%	643	628	589	573	572	572	530	434	401	372	339	275	236	207	175	172	180	175	172	168	167
Float	-	-	-	876	-	-	-	1,119	-	-	-	1,888	-	-	-	442	-	-	-	518	-	-

Cashflow (Last 12 Months)

(In Thousands)

Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	9.9%	170,246	154,887	136,482	158,456	26,157	20,657	-78,768	156,439	14,491	-15,177	-82,210	-36,821	22,909	-213,828	21,385	-91,463	-127,591	-102,020	-145,121	-107,788	-137,673
Cashflow From Investing	29.2%	-388,495	-548,651	-244,922	-592,854	-539,127	-446,394	-203,617	-253,206	-197,862	65,755	138,752	-156,448	-93,391	-357,466	-1,989,321	-179,283	-104,709	-129,618	-149,315	-300,927	-138,101
Cashflow From Financing	120.9%	266,015	120,407	453,385	480,948	526,236	196,920	406,801	400,788	40,087	-142,368	-253,260	510,491	-245,948	-142,102	2,903,779	461,652	207,419	297,299	186,698	377,759	226,520
Dividend Payments	0.2%	1,336	1,333	1,330	1,327	1,320	1,319	1,315	1,312	1,306	1,301	1,297	1,282	1,264	1,217	1,216	1,209	1,208	1,208	1,206	1,205	1,205

LOB Income Statement

2023-12-31

Consolidated Statements of Income - USD ($) $ in Thousands	12 Months Ended
Consolidated Statements of Income - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Interest income
Loans and fees on loans	$ 623,667	$ 418,545	$ 347,738
Investment securities, taxable	33,497	19,667	12,533
Other interest earning assets	31,111	6,261	942
Total interest income	688,275	444,473	361,213
Interest expense
Deposits	340,207	115,035	59,740
Borrowings	2,763	1,937	4,688
Total interest expense	342,970	116,972	64,428
Net interest income	345,305	327,501	296,785
Provision for loan and lease credit losses	51,323	40,943	15,210
Net interest income after provision for loan and lease credit losses	293,982	286,558	281,575
Noninterest income
Loan servicing revenue	27,399	25,359	25,219
Loan servicing asset revaluation	4,886	(16,577)	(11,726)
Net gains on sales of loans	46,545	43,244	67,280
Net (loss) gain on loans accounted for under the fair value option	(3,539)	1,046	4,257
Equity method investments (loss) income	(5,994)	144,250	(1,716)
Equity security investments (losses) gains, net	(969)	3,355	44,752
Lease income	10,007	10,084	10,263
Management fee income	13,324	10,090	6,378
Other noninterest income	20,074	17,141	15,493
Total noninterest income	111,733	237,992	160,200
Noninterest expense
Salaries and employee benefits	175,052	170,822	124,932
Travel expense	8,922	8,499	5,809
Professional services expense	7,737	11,737	15,135
Advertising and marketing expense	12,559	10,543	5,002
Occupancy expense	8,490	11,088	8,423
Technology expense	31,858	28,434	22,648
Equipment expense	14,997	15,120	14,869
Other loan origination and maintenance expense	14,804	13,168	13,529
Renewable energy tax credit investment impairment	14,644	16,217	3,187
FDIC insurance	16,670	9,756	7,070
Contributions and donations	0	6,462	2,331
Other expense	17,152	12,380	8,052
Total noninterest expense	322,885	314,226	230,987
Income before taxes	82,830	210,324	210,788
Income tax expense	8,932	34,116	43,793
Net income	$ 73,898	$ 176,208	$ 166,995
Basic earnings per share (in dollars per share)	$ 1.67	$ 4.02	$ 3.87
Diluted earnings per share (in dollars per share)	$ 1.64	$ 3.92	$ 3.71

LOB Balance Sheet

2023-12-31

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Assets
Cash and due from banks	$ 582,540	$ 280,239
Federal funds sold	0	136,397
Certificates of deposit with other banks	250	4,000
Investment securities available-for-sale	1,126,160	1,014,719
Loans held for sale	387,037	554,610
Loans and leases held for investment (includes $388,036 and $494,458 measured at fair value, respectively)	8,633,847	7,344,178
Allowance for credit losses on loans and leases	(125,840)	(96,566)
Net loans and leases	8,508,007	7,247,612
Premises and equipment, net	257,881	263,290
Foreclosed assets	6,481	0
Servicing assets (includes $48,186 and $26,323 measured at fair value, respectively)	48,591	26,323
Other assets	354,476	328,308
Total assets	11,271,423	9,855,498
Deposits:
Noninterest-bearing	259,270	194,100
Interest-bearing	10,015,749	8,690,828
Total deposits	10,275,019	8,884,928
Borrowings	23,354	83,203
Other liabilities	70,384	76,334
Total liabilities	10,368,757	9,044,465
Shareholders’ equity
Preferred stock, no par value, 1,000,000 shares authorized, none issued or outstanding at September 30, 2023 and December 31, 2022	0	0
Retained earnings	642,817	572,497
Accumulated other comprehensive loss	(84,719)	(92,318)
Total shareholders’ equity	902,666	811,033
Total liabilities and shareholders’ equity	11,271,423	9,855,498
Class A Common Stock
Shareholders’ equity
Common stock	344,568	330,854
Class B Common Stock
Shareholders’ equity
Common stock	$ 0	$ 0

About Live Oak Bancshares Inc

Live Oak Bancshares, Inc. operates as the bank holding company for Live Oak Banking Company that provides various commercial banking products and services to individuals, small businesses, and professionals in North Carolina, the United States. It operates in two segments, Banking and Fintech. The company accepts various deposit products, including noninterest-bearing demand, as well as interest-bearing checking, money market, certificate of deposits, savings, and time deposits. It also offers 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, it provides settlement, accounting, and securitization services for government guaranteed loans; wealth and investment management services to high-net-worth individuals and families; investment advisory services to a series of funds focused on providing venture capital to new and emerging financial technology companies; and an on-site restaurant location to company employees and business visitors. The company was incorporated in 2008 and is headquartered in Wilmington, North Carolina.

CEO	Mr. James S. Mahan III
WEBSITE	liveoakbank.com
INDUSTRY	Banks Diversified
EMPLOYEES	984

Live Oak Bancshares Inc Frequently Asked Questions

What is the ticker symbol for Live Oak Bancshares Inc? What does LOB stand for in stocks?

LOB is the stock ticker symbol of Live Oak Bancshares Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Live Oak Bancshares Inc (LOB)?

As of Thu Apr 18 2024, market cap of Live Oak Bancshares Inc is 1.64 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of LOB stock?

You can check LOB's fair value in chart for subscribers.

What is the fair value of LOB stock?

You can check LOB's fair value in chart for subscribers. The fair value of Live Oak Bancshares Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Live Oak Bancshares Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for LOB so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Live Oak Bancshares Inc a good stock to buy?

The fair value guage provides a quick view whether LOB is over valued or under valued. Whether Live Oak Bancshares Inc is cheap or expensive depends on the assumptions which impact Live Oak Bancshares Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for LOB.

What is Live Oak Bancshares Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Thu Apr 18 2024, LOB's PE ratio (Price to Earnings) is 22.23 and Price to Sales (PS) ratio is 2.39. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. LOB PE ratio will change depending on the future growth rate expectations of investors.