Group 1 - Analysts project Live Oak Bancshares (LOB) will announce quarterly earnings of $0.49 per share, a 36.1% increase year over year [1] - Revenues are expected to reach $125.9 million, reflecting a 5.2% increase from the same quarter last year [1] - The consensus EPS estimate has remained unchanged over the last 30 days, indicating stability in analysts' assessments [1][2] Group 2 - Analysts estimate 'Net Interest Margin' at 3.2%, down from 3.3% a year ago [4] - The average prediction for 'Average Balance - Total interest-earning assets' is $12.13 billion, compared to $10.69 billion a year prior [4] - The 'Efficiency Ratio' is expected to reach 67.5%, significantly improved from 77.9% a year ago [4] Group 3 - 'Total noninterest income' is projected to be $29.22 million, down from $30.11 million in the same quarter last year [5] - 'Net Interest Income' is expected to reach $96.72 million, an increase from $89.58 million reported in the same quarter last year [5] Group 4 - Live Oak Bancshares shares have increased by 3.8% in the past month, contrasting with the Zacks S&P 500 composite's decline of 0.4% [6] - The company holds a Zacks Rank 4 (Sell), indicating expectations of underperformance relative to the overall market [6]

Live Oak Bancshares (LOB) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended December 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The earnings report, which is expected to be released on January 22, 2025, might help the stock move higher if these key numbers are bet ...

WILMINGTON, N.C., Jan. 08, 2025 (GLOBE NEWSWIRE) -- Live Oak Bancshares, Inc. (NYSE: LOB) today announced that it will report its fourth quarter 2024 financial results after U.S. financial markets close on Wednesday, January 22, 2025. In conjunction with this announcement, Live Oak will host a conference call to discuss the company's financial results and business outlook on Thursday, January 23, 2025, at 9:00 a.m. ET. The call will be accessible by telephone and webcast using Conference ID: 33467. A supple ...

WILMINGTON, N.C., Dec. 04, 2024 (GLOBE NEWSWIRE) -- Live Oak Ventures, the investment arm of Live Oak Bancshares, Inc., has announced an investment in Sunbound Inc., a provider of automated financial operations solutions for the senior housing industry. Sunbound leverages best in class technology to optimize financial operations, so senior housing communities can concentrate on delivering exceptional residential care while improving their financial profile and operational efficiency. “Our team understands t ...

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 ...

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 (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) ...