New Partnership to Fuel Financial Innovations, Delivering Flexible Solutions to Operators and FamiliesWASHINGTON, Dec. 4, 2024 /PRNewswire/ -- Sunbound, a leader in finance solutions for senior living, announced an investment from Live Oak Ventures, a wholly owned subsidiary of Live Oak Bancshares, to fuel innovations that support operators and families. This partnership strengthens Sunbound's mission of enhancing financial stability for senior living operators, enabling them to streamline their financial p ...

Warrior Expands Access to Capital for Veteran-Owned Businesses Through Alliances with Parlay and Live Oak Bank and Acquisition of Launch Plan™SALT LAKE CITY, Nov. 12, 2024 /PRNewswire/ -- Warrior Rising, a national 501c3 non-profit organization dedicated to empowering U.S. military veterans and their families through entrepreneurship, today announced it has established a relationship with Parlay Finance and Live Oak Bank to increase capital access and support for veteran-owned small businesses across the na ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q x Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended September 30, 2024 or o Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from ________ to ________. Commission file number: 001-37497 LIVE OAK BANCSHARES, INC. (Exact name of registrant as specified in its charter) North Caro ...

From just before the release of Q3 2024 results to date, the price per share of Live Oak Bancshares (NYSE: LOB ) fell 18.82%, a rather significant drop. The point is not that the quarterly results were significantly bad, but shareholders' expectations Hi there, welcome to my profile. My name is Eugenio Catone, I live in Italy and I am 26 years old. In 2023 I graduated in Business Administration and I am completing my studies. My interest in financial markets started about 5 years ago when I accidentally cam ...

Live Oak Bancshares, Inc. (NYSE:LOB) Q3 2024 Earnings Conference Call October 24, 2024 9:00 AM ET Company Participants Greg Seward - General Counsel and Chief Risk Officer Chip Mahan - Chairman and Chief Executive Officer BJ Losch - President Walt Phifer - Chief Financial Officer Michael Cairns - Chief Credit Officer Conference Call Participants Crispin Love - Piper Sandler David Feaster - Raymond James Tim Switzer - KBW Operator Good morning, ladies and gentlemen, and welcome to the Q3 2024 Live Oak Bancsh ...

| --- | --- | --- | |-----------------------------------------------------------------------|-------|-------| | | | | | | | | | THIRD QUARTER | | | | ©2024 Live Oak Bancshares. All rights reserved. 2024 October 24, 2024 | | | FORWARD LOOKING STATEMENTS Information in this presentation may contain "forward-looking statements" within the Private Securities Litigation Reform Act of 1995. These statements generally relate to our financial condition, results of operations, plans, objectives, future performance o ...

Live Oak Bancshares (LOB) reported $129.93 million in revenue for the quarter ended September 2024, representing a year-over-year increase of 2.1%. EPS of $0.28 for the same period compares to $0.88 a year ago.The reported revenue represents a surprise of +2.61% over the Zacks Consensus Estimate of $126.63 million. With the consensus EPS estimate being $0.53, the EPS surprise was -47.17%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations ...

Live Oak Bancshares (LOB) came out with quarterly earnings of $0.28 per share, missing the Zacks Consensus Estimate of $0.53 per share. This compares to earnings of $0.88 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -47.17%. A quarter ago, it was expected that this bank holding company would post earnings of $0.46 per share when it actually produced earnings of $0.59, delivering a surprise of 28.26%.Over the last four quart ...

During the third quarter of 2024, the Company recognized net charge-offs for loans carried at historical cost of $1.7 million, compared to $8.3 million in the second quarter of 2024 and $9.1 million in the third quarter of 2023. Net charge-offs as a percentage of average held for investment loans and leases carried at historical cost, annualized, for the quarters ended September 30, 2024, June 30, 2024, and September 30, 2023, was 0.08%, 0.38% and 0.48%, respectively. Unguaranteed nonperforming (nonaccrual) ...

WILMINGTON, N.C., Oct. 23, 2024 (GLOBE NEWSWIRE) -- Live Oak Bancshares, Inc. (NYSE: LOB) (“Live Oak” or “the Company”) today reported third quarter of 2024 net income of $13.0 million, or $0.28 per diluted share. “Live Oak delivered historic production levels this quarter as our teams continue to put capital into the hands of business owners across the country,” said Live Oak Chairman and Chief Executive Officer James S. (Chip) Mahan III. “We believe our business momentum is in an exciting place and our co ...