Live Oak(LOB) - 2024 Q4 - Annual Results

Exhibit 99.1 Live Oak Bancshares, Inc. Reports Fourth Quarter 2024 Results WILMINGTON, NC, January 22, 2025 - Live Oak Bancshares, Inc. (NYSE: LOB) ("Live Oak" or "the Company") today reported fourth quarter of 2024 net income attributable to the Company of $9.9 million, or $0.22 per diluted share. Net income attributable to the Company for the year ended December 31, 2024, totaled $77.5 million, or $1.69 per diluted share. Live Oak's performance in 2024, includes these notable items: "Live Oak Bank's fourt ...