Live Oak Bancshares (LOB)
Industry-focused bank for nationwide small-business and government-guaranteed lending.
$37.54
vs last close−0.33 (−0.87%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 216 | 198 | 221 | 231 | 238 | 240 | 236 | 257 | 258 | 289 | 260 | 272 |
| Cost of revenue | 101 | 106 | 119 | 119 | 146 | 149 | 142 | 138 | 138 | 120 | 135 | 142 |
| Gross profit | 115 | 92 | 102 | 112 | 92 | 91 | 95 | 119 | 120 | 169 | 125 | 130 |
| 72 | 75 | 80 | 76 | 74 | 78 | 82 | 88 | 84 | 89 | 85 | 84 | |
| 51 | 51 | 54 | 52 | 49 | 50 | 55 | 57 | 58 | 83 | 55 | 55 | |
| Selling & marketing | 3 | 3 | 4 | 3 | 2 | 2 | 4 | 4 | 2 | 2 | 0 | 0 |
| General & administrative | 47 | 48 | 50 | 49 | 46 | 48 | 52 | 53 | 56 | 81 | 55 | 55 |
| Other expenses | 21 | 24 | 26 | 24 | 25 | 28 | 26 | 30 | 25 | 6 | 30 | 30 |
| Operating income | 43 | 17 | 22 | 36 | 18 | 13 | 13 | 31 | 37 | 80 | 40 | 46 |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Interest income | 181 | 187 | 192 | 198 | 209 | 213 | 213 | 224 | 231 | 240 | 234 | 242 |
| Interest expense | 91 | 97 | 102 | 107 | 112 | 115 | 113 | 115 | 116 | 117 | 114 | 116 |
| Income before tax | 43 | 17 | 22 | 36 | 18 | 13 | 13 | 31 | 37 | 80 | 40 | 46 |
| Income tax expense | 3 | 1 | −5 | 9 | 5 | 3 | 3 | 8 | 10 | 36 | 10 | 9 |
| Net income from continuing operations | 40 | 16 | 28 | 27 | 13 | 10 | 10 | 23 | 26 | 44 | 30 | 37 |
| Other adjustments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net income | 40 | 16 | 28 | 27 | 13 | 10 | 10 | 23 | 27 | 44 | 30 | 37 |
| EPS, basic | $0.89 | $0.36 | $0.62 | $0.60 | $0.28 | $0.22 | $0.21 | $0.51 | $0.56 | $0.96 | $0.61 | $0.75 |
| EPS, diluted | $0.88 | $0.36 | $0.60 | $0.59 | $0.28 | $0.22 | $0.21 | $0.51 | $0.55 | $0.95 | $0.60 | $0.74 |
| Weighted average shares, basic | 44 | 45 | 45 | 45 | 45 | 45 | 45 | 46 | 46 | 46 | 46 | 46 |
| Weighted average shares, diluted | 45 | 45 | 46 | 46 | 46 | 46 | 46 | 46 | 46 | 46 | 46 | 47 |
| EBITDA | 48 | 23 | 27 | 41 | 24 | 20 | 20 | 38 | 43 | 84 | 47 | 52 |
| Depreciation & amortization | 5 | 5 | 5 | 5 | 6 | 7 | 7 | 7 | 7 | 4 | 7 | 6 |
| EBIT | 43 | 17 | 22 | 36 | 18 | 13 | 13 | 31 | 37 | 80 | 40 | 46 |