LOB Stock Overview
About the company
Live Oak Bancshares, Inc. operates as the bank holding company for Live Oak Banking Company that provides various commercial banking products and services to individuals, small businesses, and professionals in North Carolina, the United States. It operates in two segments, Banking and Fintech. The company accepts various deposit products, including noninterest-bearing demand, as well as interest-bearing checking, money market, certificate of deposits, savings, and time deposits. It also offers commercial and industrial loans; construction and development loans; owner occupied and non-owner occupied collateral commercial real estate loans; and commercial land loans. In addition, it provides settlement, accounting, and securitization services for government guaranteed loans; wealth and investment management services to high-net-worth individuals and families; investment advisory services to a series of funds focused on providing venture capital to new and emerging financial technology companies; and an on-site restaurant location to company employees and business visitors. The company was incorporated in 2008 and is headquartered in Wilmington, North Carolina.
Snowflake Analysis
| Snowflake Score | |
|---|---|
| Valuation | 5/6 |
| Future Growth | 0/6 |
| Past Performance | 4/6 |
| Financial Health | 5/6 |
| Dividends | 0/6 |
My Notes
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Live Oak Bancshares, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$24.37 |
| 52 Week High | US$53.16 |
| 52 Week Low | US$17.31 |
| Beta | 1.5 |
| 1 Month Change | -28.32% |
| 3 Month Change | -19.30% |
| 1 Year Change | -53.12% |
| 3 Year Change | 125.02% |
| 5 Year Change | -14.49% |
| Change since IPO | 27.79% |
Recent News & Updates
Recent updates
Live Oak Bancshares GAAP EPS of $0.04 misses by $0.37, revenue of $104.97M misses by $7.04M
Jan 25Live Oak Bancshares: Slow Down Ahead But Topline Growth Likely To Remain Positive
Jan 19Live 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 30Elpha secure raises $20M in series A funding led by Canapi Ventures
Oct 06Live Oak Bank named lending partner for finance auto platform Ramp
Sep 07Live Oak Bancshares goes ex-dividend tomorrow
Sep 01Live Oak Bancshares Q2 2022 Earnings Preview
Jul 26Is Now The Time To Put Live Oak Bancshares (NASDAQ:LOB) On Your Watchlist?
Jul 15I Ran A Stock Scan For Earnings Growth And Live Oak Bancshares (NASDAQ:LOB) Passed With Ease
Apr 08Live Oak Bancshares: Strong Top-Line Growth May Keep Earnings Above Pre-Pandemic Level
Apr 07Live Oak: Watch For Short-Term Loan Growth Headwind
Jan 19I Ran A Stock Scan For Earnings Growth And Live Oak Bancshares (NASDAQ:LOB) Passed With Ease
Dec 22Does Live Oak Bancshares (NASDAQ:LOB) Deserve A Spot On Your Watchlist?
Sep 06Live Oak Bancshares: Outlook For Net Interest Income Is Bright Because Of PPP, Deposit Repricing
Aug 04Bullish: Analysts Just Made A Huge Upgrade To Their Live Oak Bancshares, Inc. (NASDAQ:LOB) Forecasts
Jul 24Shareholder Returns
| LOB | US Banks | US Market | |
|---|---|---|---|
| 7D | -0.8% | 3.8% | 3.7% |
| 1Y | -53.1% | -22.3% | -12.1% |
Return vs Industry: LOB underperformed the US Banks industry which returned -23.6% over the past year.
Return vs Market: LOB underperformed the US Market which returned -12.9% over the past year.
Price Volatility
| LOB volatility | |
|---|---|
| LOB Average Weekly Movement | 9.7% |
| Banks Industry Average Movement | 5.0% |
| Market Average Movement | 6.4% |
| 10% most volatile stocks in US Market | 16.4% |
| 10% least volatile stocks in US Market | 3.0% |
Stable Share Price: LOB is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 10% a week.
Volatility Over Time: LOB's weekly volatility (10%) has been stable over the past year.
Live Oak Bancshares, Inc. Fundamentals Summary
| LOB fundamental statistics | |
|---|---|
| Market Cap | US$1.08b |
| Earnings (TTM) | US$176.21m |
| Revenue (TTM) | US$508.33m |
6.1x
P/E Ratio1.3x
P/B RatioIs LOB overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| LOB income statement (TTM) | |
|---|---|
| Revenue | US$508.33m |
| Cost of Revenue | US$0 |
| Gross Profit | US$508.33m |
| Other Expenses | US$332.13m |
| Earnings | US$176.21m |
Last Reported Earnings
Dec 31, 2022
Next Earnings Date
n/a
| Earnings per share (EPS) | 3.98 |
| Gross Margin | 100.00% |
| Net Profit Margin | 34.66% |
| Debt/Equity Ratio | 10.3% |
How did LOB perform over the long term?
See historical performance and comparison