How does LOB's PE Ratio compare to its peers?

LOB is good value based on its Price-To-Earnings Ratio (25.8x) compared to the peer average (58.2x).

How does LOB's PE Ratio compare vs other companies in the US Banks Industry?

LOB is expensive based on its Price-To-Earnings Ratio (25.8x) compared to the US Banks industry average (12.9x).

What is LOB's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

LOB is expensive based on its Price-To-Earnings Ratio (25.8x) compared to the estimated Fair Price-To-Earnings Ratio (20.2x).

What is the Fair Price of LOB when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

LOB ($47.77) is trading below our estimate of [[fair value]] ($84.76)

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Target price is less than 20% higher than the current share price.

Live Oak Bancshares (NYSE:LOB) - Stock Price, News & Analysis

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

LOB fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	5/6
Past Performance	5/6
Financial Health	4/6
Dividends	0/6

Rewards

Trading at 43.6% below our estimate of its fair value

Earnings are forecast to grow 31.45% per year

Earnings grew by 40.7% over the past year

Risk Analysis

Significant insider selling over the past 3 months

Community Narratives

Create a narrative

Narratives bring a range of perspectives from our community.

WarrenAI

Based on Analyst Price Targets

Record Loan Production And Emerging Revenue Streams Spark Optimism In Financial Growth

Key Takeaways Record loan production and new revenue opportunities indicate potential for sustained growth in revenue and earnings through expanded lending activities. Margin enhancement expected from Fed easing and increased deposit growth, boosting net interest margin, financial stability, and profit margins.

View narrative

US$48.00

0.5% undervalued

24.72%

Revenue growth p.a.

2 days ago

Live Oak Bancshares, Inc. Competitors

Triumph Financial

NasdaqGS:TFIN

US$2.4b

WesBanco

NasdaqGS:WSBC

US$2.4b

Trustmark

NasdaqGS:TRMK

US$2.3b

Renasant

NYSE:RNST

US$2.4b

Price History & Performance

Summary of all time highs, changes and price drops for Live Oak Bancshares
Historical stock prices
Current Share Price	US$47.77
52 Week High	US$50.57
52 Week Low	US$31.03
Beta	1.63
11 Month Change	2.42%
3 Month Change	10.71%
1 Year Change	45.95%
33 Year Change	-48.00%
5 Year Change	161.75%
Change since IPO	150.50%

Recent updates

Live Oak Bancshares GAAP EPS of $0.04 misses by $0.37, revenue of $104.97M misses by $7.04M

Jan 25

Live Oak Bancshares: Slow Down Ahead But Topline Growth Likely To Remain Positive

Jan 19

Live Oak Bancshares (NYSE:LOB) Ticks All The Boxes When It Comes To Earnings Growth

Jan 09

Live Oak Bancshares, Inc. Just Beat Revenue Estimates By 27%

Oct 30

Shareholder Returns

	LOB	US Banks	US Market
7D	-0.3%	0.8%	0.3%
1Y	46.0%	55.5%	31.1%

Return vs Industry: LOB underperformed the US Banks industry which returned 55.5% over the past year.

Return vs Market: LOB exceeded the US Market which returned 31.1% over the past year.

Price Volatility

Is LOB's price volatile compared to industry and market?
LOB volatility
LOB Average Weekly Movement	7.7%
Banks Industry Average Movement	5.1%
Market Average Movement	6.2%
10% most volatile stocks in US Market	15.8%
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 (8%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
2008	999	Chip Mahan	www.liveoakbank.com

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. It operates through two segments, Banking and Fintech. The company accepts various deposit products, including noninterest-bearing demand, as well as interest-bearing checking, money market, savings, and time deposits.

Live Oak Bancshares, Inc. Fundamentals Summary

How do Live Oak Bancshares's earnings and revenue compare to its market cap?
LOB fundamental statistics
Market cap	US$2.14b
Earnings (TTM)	US$83.74m
Revenue (TTM)	US$405.74m

25.8x

P/E Ratio

2.1x

P/B Ratio

Is LOB overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
LOB income statement (TTM)
Revenue	US$405.74m
Cost of Revenue	US$0
Gross Profit	US$405.74m
Other Expenses	US$322.01m
Earnings	US$83.74m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	1.85
Gross Margin	100.00%
Net Profit Margin	20.64%
Debt/Equity Ratio	11.4%

How did LOB perform over the long term?

See historical performance and comparison

Dividends

0.3%

Current Dividend Yield

6%

Payout Ratio

Does LOB pay a reliable dividends?

See LOB dividend history and benchmarks

When do you need to buy LOB by to receive an upcoming dividend?
Live Oak Bancshares dividend dates
Ex Dividend Date	Dec 02 2024
Dividend Pay Date	Dec 16 2024
Days until Ex dividend	9 days
Days until Dividend pay date	23 days

Does LOB pay a reliable dividends?

See LOB dividend history and benchmarks

LOB Stock Overview

Rewards

Risk Analysis

Record Loan Production And Emerging Revenue Streams Spark Optimism In Financial Growth

Live Oak Bancshares, Inc. Competitors

NasdaqGS:TFIN

US$2.4b

NasdaqGS:WSBC

US$2.4b

NasdaqGS:TRMK

US$2.3b

NYSE:RNST

US$2.4b

Price History & Performance

Recent News & Updates

Third quarter dividend of US$0.03 announced

Chief Accounting Officer notifies of intention to sell stock

Chief Risk Officer & General Counsel recently sold US$470k worth of stock

Chief Risk Officer & General Counsel notifies of intention to sell stock

Investor sentiment improves as stock rises 24%

Consensus EPS estimates fall by 10%

Recent updates

Third quarter dividend of US$0.03 announced

Chief Accounting Officer notifies of intention to sell stock

Chief Risk Officer & General Counsel recently sold US$470k worth of stock

Chief Risk Officer & General Counsel notifies of intention to sell stock

Investor sentiment improves as stock rises 24%

Consensus EPS estimates fall by 10%

Price target decreased by 12% to US$47.33

Live Oak Bancshares: Loan Originations Spike, But Credit Risk Worries

Third quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behind

Live Oak Bancshares, Inc. to Report Q3, 2024 Results on Oct 23, 2024

Price target increased by 9.0% to US$54.25

Investor sentiment improves as stock rises 16%

President exercised options and sold US$945k worth of stock

Chief Accounting Officer recently sold US$860k worth of stock

Chief Accounting Officer notifies of intention to sell stock

Second quarter dividend of US$0.03 announced

Live Oak Bancshares, Inc. Declares Cash Dividend, Payable on September 17, 2024

President exercised options and sold US$717k worth of stock

Consensus EPS estimates increase by 15%

Second quarter 2024 earnings: EPS and revenues exceed analyst expectations

Live Oak Bancshares: CD Related Costs Could Become A Tailwind

Investor sentiment improves as stock rises 16%

Live Oak Bancshares, Inc. to Report Q2, 2024 Results on Jul 24, 2024

Live Oak Bancshares, Inc. Announces Michael J. Cairns to Be Named as Chief Credit Officer as Steven J. Smits Will Take New Role as Head of Commercial Banking

First quarter dividend of US$0.03 announced

Price target decreased by 9.6% to US$42.25

Live Oak Bancshares, Inc. Reports Net Charge Offs for the First Quarter Ended March 31, 2024

First quarter 2024 earnings: EPS and revenues miss analyst expectations

Now 21% undervalued after recent price drop

Live Oak Bancshares, Inc. to Report Q1, 2024 Results on Apr 24, 2024

Live Oak Bancshares, Inc., Annual General Meeting, May 21, 2024

Chief Accounting Officer recently sold US$427k worth of stock

Chief Accounting Officer notifies of intention to sell stock

Independent Director notifies of intention to sell stock

Insufficient new directors

Full year 2023 earnings: EPS misses analyst expectations

Upcoming dividend of US$0.03 per share

Insider exercised options and sold US$343k worth of stock

Fourth quarter dividend of US$0.03 announced

Consensus EPS estimates fall by 10%

Full year 2023 earnings: EPS misses analyst expectations

Live Oak Bancshares, Inc. Reports Net Charge-Offs for the Third Quarter Ended December 31, 2023

Price target increased by 8.8% to US$46.25

Live Oak Bancshares, Inc. to Report Q4, 2023 Results on Jan 24, 2024

Price target increased by 9.2% to US$38.75

Live Oak Bancshares: Time For A Downgrade

Chief Credit Officer recently sold US$897k worth of stock

Chief Credit Officer notifies of intention to sell stock

Chief Accounting Officer recently sold US$670k worth of stock

Upcoming dividend of US$0.03 per share at 0.4% yield

Chief Accounting Officer notifies of intention to sell stock

Live Oak Bancshares Announces Executive Changes

Insider recently sold US$591k worth of stock

Insider notifies of intention to sell stock

Consensus EPS estimates increase by 27%

Third quarter 2023 earnings: EPS and revenues exceed analyst expectations

Live Oak Bancshares, Inc. to Report Q3, 2023 Results on Oct 26, 2023

Live Oak Bancshares: Solid Deposit Growth, But Expensive Price