Live Oak Bancshares (LOB) Stock Overview
Operates as the bank holding company for Live Oak Banking Company that provides various banking products and services in the United States. More details
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 5/6 |
| Past Performance | 4/6 |
| Financial Health | 4/6 |
| Dividends | 0/6 |
LOB Community Fair Values
Create NarrativeSee what 7 others think this stock is worth. Follow their fair value or set your own to get alerts.
Analyst Price Targets
Live Oak Bancshares, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$38.63 |
| 52 Week High | US$42.89 |
| 52 Week Low | US$27.35 |
| Beta | 1.9 |
| 1 Month Change | 2.47% |
| 3 Month Change | 16.78% |
| 1 Year Change | 31.66% |
| 3 Year Change | 52.45% |
| 5 Year Change | -32.49% |
| Change since IPO | 102.57% |
Recent News & Updates
Narrative Update • Jun 01
LOB: Execution And Earnings Quality Will Support Future P/E Rerating
Analysts have nudged their average price target on Live Oak Bancshares slightly lower, trimming it by a few dollars as they factor in new views on revenue growth, profitability, and future P/E assumptions, reflected across recent target changes from $4 cuts to modest $1 raises. Analyst Commentary Recent Street research on Live Oak Bancshares shows a mix of trimmed and raised price targets, with analysts fine tuning their views around revenue trends, profitability, and P/E assumptions rather than making wholesale changes to their stance on the stock.Narrative Update • May 08
LOB: Execution And Refined Street Views Will Support Future P/E Upside
Analysts now see fair value for Live Oak Bancshares at $47.00, down $4.00 from $51.00. This reflects updated views on growth, profitability and P/E assumptions following mixed price target moves across the Street.Recent updates
Narrative Update • Jun 01
LOB: Execution And Earnings Quality Will Support Future P/E Rerating
Analysts have nudged their average price target on Live Oak Bancshares slightly lower, trimming it by a few dollars as they factor in new views on revenue growth, profitability, and future P/E assumptions, reflected across recent target changes from $4 cuts to modest $1 raises. Analyst Commentary Recent Street research on Live Oak Bancshares shows a mix of trimmed and raised price targets, with analysts fine tuning their views around revenue trends, profitability, and P/E assumptions rather than making wholesale changes to their stance on the stock.Narrative Update • May 08
LOB: Execution And Refined Street Views Will Support Future P/E Upside
Analysts now see fair value for Live Oak Bancshares at $47.00, down $4.00 from $51.00. This reflects updated views on growth, profitability and P/E assumptions following mixed price target moves across the Street.Narrative Update • Apr 21
LOB: SBA Execution And Refining Street Views Will Support Future P/E Re-Rating
Analysts have kept the fair value estimate for Live Oak Bancshares steady at $51.00, while modestly adjusting underlying assumptions such as revenue growth, profit margin, and future P/E to reflect recent mixed Street research that included a $2 price target reduction from one firm and a $4 increase from another. Analyst Commentary Street research on Live Oak Bancshares has been mixed, with one firm trimming its price target by $2 and another lifting its target by $4.
Narrative Update • Apr 07
LOB: Lower Charge Offs And Consistent Assumptions Will Support Higher Future P/E
Analysts have adjusted their outlook on Live Oak Bancshares, resulting in a net $2 change in the average price target. This reflects updated views on revenue growth, profit margins and future P/E assumptions.Narrative Update • Mar 24
LOB: Lower Charge Offs And Steady Forecasts Will Support Higher Future P/E
Analysts have trimmed their average price target on Live Oak Bancshares by $2, reflecting a mix of more cautious and more optimistic views that balance recent adjustments from different firms. Analyst Commentary Recent commentary around Live Oak Bancshares reflects a split view, with some analysts lifting targets while others are trimming them by a few dollars.Narrative Update • Mar 09
LOB: Charge Off Improvement Will Support Higher Future P/E Multiple
The new analyst price target for Live Oak Bancshares has shifted to $44.75 from $42, reflecting updated views on fair value, discount rate, growth, margins, and future P/E following mixed recent Street research on the name. Analyst Commentary Recent research on Live Oak Bancshares reflects a split view on how the current fundamentals and valuation stack up, which is why you are seeing both price target increases and reductions clustered in a tight range.Narrative Update • Feb 23
LOB: SBA Execution And Mixed Street Views Will Support Future P/E Re-Rating
Analysts have made mixed adjustments to their price targets on Live Oak Bancshares, with one firm raising its target by $4 and another lowering it by $2, reflecting updated views on the company’s growth, profitability, and valuation assumptions. Analyst Commentary Bullish analysts point to the recent price target increase as a sign of growing confidence in Live Oak Bancshares’ ability to execute on its business model and support a higher valuation over time.Narrative Update • Feb 09
LOB: SBA Execution And P/E Re-Rating Will Support Future Earnings
Analysts now set a new price target of US$51.00 for Live Oak Bancshares, up US$1.00, reflecting updated views on fair value, discount rate, revenue, profit margin and future P/E based on recent Street research. Analyst Commentary Recent Street research on Live Oak Bancshares shows a mix of views on fair value, with price targets being adjusted in both directions as analysts refresh their models for discount rates, revenue assumptions, profit margins and future P/E.
Narrative Update • Jan 25
LOB: Higher Multiple And Credit Trends Will Shape Balanced Risk Reward
Narrative Update: Live Oak Bancshares Price Target Shift Analysts have lifted their price target on Live Oak Bancshares from US$35 to US$40, citing updated assumptions around fair value, discount rate, revenue growth, profit margin and future P/E that are reflected in recent Street research. Analyst Commentary Even with the higher US$40 price target, bearish analysts are flagging several risks that they believe could limit upside if execution or market conditions do not line up with current assumptions.Narrative Update • Jan 10
LOB: SBA Leadership And Shutdown Readiness Will Support Future Earnings
Analysts have trimmed their price target on Live Oak Bancshares to US$35 from US$37, citing stable credit metrics and preparation for potential government shutdown related pressure on gain-on-sale revenue, even as they reassess revenue growth, profit margin, and future P/E assumptions in their models. Analyst Commentary Bullish analysts are highlighting that Live Oak Bancshares delivered results that exceeded expectations, which supports their decision to maintain a balanced stance on valuation while adjusting price targets.Narrative Update • Dec 26
LOB: SBA Leadership And Prepared Shutdown Planning Will Support Future Upside
Analysts modestly raised their fair value estimate for Live Oak Bancshares from $43.00 to $50.00 per share, reflecting confidence in the bank's leading SBA franchise and resilient credit performance, despite slightly lower long term growth and margin assumptions, as well as near term revenue risks tied to a potential government shutdown. Analyst Commentary Bullish analysts acknowledge near term headwinds but emphasize that Live Oak Bancshares' core franchise remains intact, with recent results reinforcing confidence in earnings durability and risk management.Seeking Alpha • Dec 15
I Overestimated Live Oak Bancshares (Downgrade)
Summary Live Oak Bancshares is downgraded to "Hold" due to mediocre asset quality and expensive valuation relative to peers. Despite impressive deposit and loan growth, LOB's profitability is pressured by declining net interest margins and rising credit loss provisions. LOB's asset quality metrics lag peers, with return on assets at 0.72% and nonperforming loans elevated, even after adjusting for government guarantees. Valuation concerns persist, as LOB trades above preferred price-to-earnings multiples, despite more reasonable price-to-book metrics. Read the full article on Seeking AlphaNarrative Update • Dec 12
LOB: Government Shutdown Risks Will Shape GoS Revenue And Credit Outlook
Analysts have trimmed their price target on Live Oak Bancshares to $35.00 from $37.00. This change reflects slightly higher discount rate assumptions and modestly softer long term growth and margin expectations, despite the company’s solid recent earnings beat and relatively stable credit metrics.Narrative Update • Sep 26
Digital Banking And AI Will Define Future Banking Trends
Analysts have raised their price target for Live Oak Bancshares from $38 to $42, citing expectations for improved credit performance, accelerating loan growth in the second half of 2025, easing regulatory concerns, and potential M&A activity as key catalysts supporting a more favorable outlook. Analyst Commentary Bullish analysts expect credit performance to improve in the second half of 2025, which should alleviate prior investor concerns tied to the recent SBA credit cycle.Narrative Update • Aug 19
Digital Banking And AI Will Define Future Banking Trends
Analysts have raised their outlook on Live Oak Bancshares due to improving SBA credit performance expectations and enhanced confidence in credit stability and earnings prospects, resulting in a higher consensus price target of $38.00. Analyst Commentary Bullish analysts anticipate a positive turnaround in SBA credit performance during the second half of 2025, which should alleviate ongoing investor concerns.Seeking Alpha • Apr 16
Live Oak Bancshares: Bank On It Today
Summary Live Oak Bancshares, Inc. shows resilience amid macroeconomic uncertainties with stable topline performance, strategic expansion, and prudent asset management, making it a buy. Despite potential risks like trade wars and inflation, LOB's well-diversified loan portfolio and solid capital adequacy position it well for market volatility. LOB's current valuation is attractive, trading at a lower P/E ratio than its five-year average, indicating significant upside potential. Technical indicators suggest weak momentum, but the stock's oversold condition and strategic portfolio diversification hint at a potential rebound. Read the full article on Seeking AlphaSeeking Alpha • Jan 24
Live Oak Bancshares: Originations Reach Record Levels, But Net Charge-Offs Increase
Summary Live Oak Bancshares' Q4 2024 results show mixed performance with high net charge-offs and expensive deposits, despite strong loan originations and increased deposits. The bank's cost of funds remains high at 4.03%, significantly above peers, indicating weak bargaining power over customers and fragile deposit quality. The Company's net interest margin is deteriorating, but the potential refinancing of CDs at lower rates could improve profitability. Despite being undervalued at 1.82x TBV, LOB's rising net charge-offs and weak deposits justify maintaining a hold rating rather than a buy. Read the full article on Seeking AlphaSeeking Alpha • Oct 28
Live Oak Bancshares: Loan Originations Spike, But Credit Risk Worries
Summary Live Oak Bancshares' stock dropped 18.82% post-Q3 2024 results, likely due to profit-taking and unmet high expectations despite strong loan demand and profitability. Q3 2024 highlights include a 50% QoQ jump in loan production, 8.86% average yield on new loans, and a sustainable loan-to-deposit ratio. Concerns include rising loan payment delays and potential short-term margin compression due to the timing mismatch in rate adjustments between loans and CDs. Maintain a hold rating due to timing issues in balance sheet adjustments and rising overdue loans, despite strong loan demand and optimistic management outlook. Read the full article on Seeking Alpha
New Narrative • Sep 24
Innovative Lending And Technology Fuels Rapid Growth Amid Economic Shifts
Expansion into new verticals and ramping up small dollar SBA lending are significant for revenue growth, alongside investments in technology enhancing efficiency.Seeking Alpha • Jul 26
Live Oak Bancshares: CD Related Costs Could Become A Tailwind
Summary Live Oak Bancshares stock had a total return of 76% since my last article, which was totally unexpected. Q2 2024 results showed strong loan growth and solid deposit base for LOB. Management's aggressive borrowing strategy and high Price/TBV ratio lead to a hold rating for LOB stock. Read the full article on Seeking AlphaShareholder Returns
| LOB | US Banks | US Market | |
|---|---|---|---|
| 7D | 2.2% | 3.3% | -3.3% |
| 1Y | 31.7% | 21.5% | 22.3% |
Return vs Industry: LOB exceeded the US Banks industry which returned 20.6% over the past year.
Return vs Market: LOB exceeded the US Market which returned 22.5% over the past year.
Price Volatility
| LOB volatility | |
|---|---|
| LOB Average Weekly Movement | 4.1% |
| Banks Industry Average Movement | 3.2% |
| Market Average Movement | 7.2% |
| 10% most volatile stocks in US Market | 16.6% |
| 10% least volatile stocks in US Market | 3.1% |
Stable Share Price: LOB has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: LOB's weekly volatility (4%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2008 | 1,034 | Chip Mahan | www.liveoak.bank |
Live Oak Bancshares, Inc. operates as the bank holding company for Live Oak Banking Company that provides various banking products and services in the United States. The company accepts various deposit products, including noninterest-bearing demand, as well as interest-bearing checking, money market, savings, and time deposits. It also provides commercial and industrial loans; construction and development loans; owner occupied and non-owner occupied collateral commercial real estate loans; and commercial land loans.
Live Oak Bancshares, Inc. Fundamentals Summary
| LOB fundamental statistics | |
|---|---|
| Market cap | US$1.74b |
| Earnings (TTM) | US$121.05m |
| Revenue (TTM) | US$512.21m |
14.8x
P/E Ratio1.5x
P/B RatioIs LOB overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| LOB income statement (TTM) | |
|---|---|
| Revenue | US$512.21m |
| Cost of Revenue | US$0 |
| Gross Profit | US$512.21m |
| Other Expenses | US$391.16m |
| Earnings | US$121.05m |
Last Reported Earnings
Mar 31, 2026
Next Earnings Date
n/a
| Earnings per share (EPS) | 2.62 |
| Gross Margin | 100.00% |
| Net Profit Margin | 23.63% |
| Debt/Equity Ratio | 7.8% |
How did LOB perform over the long term?
See historical performance and comparisonDividends
0.3%
Current Dividend Yield5%
Payout RatioDoes LOB pay a reliable dividends?
See LOB dividend history and benchmarks| Live Oak Bancshares dividend dates | |
|---|---|
| Ex Dividend Date | Jun 02 2026 |
| Dividend Pay Date | Jun 15 2026 |
| Days until Ex dividend | 9 days |
| Days until Dividend pay date | 4 days |
Does LOB pay a reliable dividends?
See LOB dividend history and benchmarksCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/06/09 17:28 |
| End of Day Share Price | 2026/06/09 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Live Oak Bancshares, Inc. is covered by 9 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| David Rochester | Cantor Fitzgerald & Co. |
| Steven Alexopoulos | J.P. Morgan |
| Timothy Switzer | Keefe, Bruyette, & Woods |