Live Oak(US:LOB) Yahoo Finance·2026-01-05 16:43Company Overview - Live Oak Bancshares is a regional bank holding company with nearly $1 billion in trailing twelve-month revenue and a diversified portfolio of commercial banking services [1] - The company focuses on technology-driven financial solutions for small businesses and professionals, alongside wealth management and investment advisory services [1] - It emphasizes government-guaranteed lending and specialized financial products, providing a competitive edge in the regional banking sector [1] Financial Performance - The company serves small businesses, professionals, and high-net-worth individuals primarily in the North Carolina region [2] - Revenue is generated mainly from net interest income on loans and deposits, as well as fee income from wealth management and investment advisory services [2] - In the third quarter, net income attributable to common shareholders rose to $25.6 million, or $0.55 per diluted share, with loan production reaching $1.65 billion and deposits increasing by nearly $700 million sequentially [7] - The net interest margin edged up to 3.33%, and total assets climbed to $14.7 billion, reflecting a year-over-year increase of over 16% [7] Stock Performance - As of the latest report, Live Oak Bancshares shares were priced at $34.71, down 9.6% over the past year, underperforming the S&P 500 by 28.5 percentage points [3] - The divergence in performance suggests that diversified allocators may prefer to scale exposure rather than increase holdings, especially since this stock is outside core positions [8] Recent Transactions - Trust Co of the South disclosed the sale of 162,500 shares of Live Oak Bancshares during the fourth quarter, with an estimated transaction value of $5.44 million based on average quarterly pricing [4][5] - The fund's position at quarter-end was 167,500 shares valued at $5.75 million, with the net position value declining by $5.87 million from the prior quarter due to both sales and price changes [5][6]