Live Oak Bancshares Management
Management criteria checks 4/4
We currently do not have sufficient information about the CEO.
Key information
Chip Mahan
Chief executive officer
US$905.5k
Total compensation
| CEO salary percentage | 56.4% |
| CEO tenure | 17.1yrs |
| CEO ownership | 14.9% |
| Management average tenure | 2.6yrs |
| Board average tenure | 12.9yrs |
Recent management updates
Recent updates
Live Oak Bancshares: Originations Reach Record Levels, But Net Charge-Offs Increase
Jan 24Live Oak Bancshares: Loan Originations Spike, But Credit Risk Worries
Oct 28Live Oak Bancshares: CD Related Costs Could Become A Tailwind
Jul 26Live Oak Bancshares: Time For A Downgrade
Dec 13Live Oak Bancshares: Solid Deposit Growth, But Expensive Price
Sep 21Live Oak Bancshares: Doubts About The Future
Jun 18Live 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
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2024 | n/a | n/a | US$77m |
| Sep 30 2024 | n/a | n/a | US$84m |
| Jun 30 2024 | n/a | n/a | US$111m |
| Mar 31 2024 | n/a | n/a | US$101m |
| Dec 31 2023 | US$905k | US$511k | US$74m |
| Sep 30 2023 | n/a | n/a | US$60m |
| Jun 30 2023 | n/a | n/a | US$63m |
| Mar 31 2023 | n/a | n/a | US$142m |
| Dec 31 2022 | US$781k | US$511k | US$176m |
| Sep 30 2022 | n/a | n/a | US$205m |
| Jun 30 2022 | n/a | n/a | US$196m |
| Mar 31 2022 | n/a | n/a | US$162m |
| Dec 31 2021 | US$884k | US$513k | US$167m |
| Sep 30 2021 | n/a | n/a | US$166m |
| Jun 30 2021 | n/a | n/a | US$166m |
| Mar 31 2021 | n/a | n/a | US$107m |
| Dec 31 2020 | US$822k | US$511k | US$60m |
| Sep 30 2020 | n/a | n/a | US$37m |
| Jun 30 2020 | n/a | n/a | US$7m |
| Mar 31 2020 | n/a | n/a | US$8m |
| Dec 31 2019 | US$716k | US$511k | US$18m |
| Sep 30 2019 | n/a | n/a | US$22m |
| Jun 30 2019 | n/a | n/a | US$32m |
| Mar 31 2019 | n/a | n/a | US$41m |
| Dec 31 2018 | US$987k | US$511k | US$51m |
Compensation vs Market: Chip's total compensation ($USD905.49K) is below average for companies of similar size in the US market ($USD5.36M).
Compensation vs Earnings: Chip's compensation has been consistent with company performance over the past year.
CEO
Chip Mahan (72 yo)
17.1yrs
Tenure
US$905,493
Compensation
Mr. James S. Mahan III, also known as Chip, serves as Managing Partner at CenterHarbor Canapi Ventures Investment Advisor LLC (formerly known as Canapi Ventures). He serves as Director since 2024 at Defens...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | no data | US$905.49k | 14.93% $ 238.2m | |
| President | 1.3yrs | US$3.98m | 0.27% $ 4.3m | |
| Chief Risk Officer & General Counsel | 9.3yrs | US$2.58m | 0.19% $ 3.0m | |
| Chief Strategy Officer | 2.6yrs | US$2.54m | 0.064% $ 1.0m | |
| Chief Information & Digital Officer of Bank | 3.7yrs | US$3.79m | 0.083% $ 1.3m | |
| Vice Chairman & Executive VP | 17.1yrs | no data | 2.96% $ 47.2m | |
| Chief Financial Officer | 1.1yrs | no data | 0.010% $ 161.9k | |
| Chief Accounting Officer | 11.1yrs | no data | 0.024% $ 387.3k | |
| Senior Vice President of Corporate Communications | no data | no data | no data | |
| Chief Marketing & Communications Officer | no data | no data | 0.097% $ 1.5m | |
| Head of Commercial Banking | less than a year | US$1.05m | 0.33% $ 5.3m | |
| EVP & Head of Deposits | 2.1yrs | no data | no data |
2.6yrs
Average Tenure
52.5yo
Average Age
Experienced Management: LOB's management team is considered experienced (2.6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 17.1yrs | US$905.49k | 14.93% $ 238.2m | |
| Vice Chairman & Executive VP | 17.1yrs | no data | 2.96% $ 47.2m | |
| Independent Director | 10.5yrs | US$208.34k | 0.16% $ 2.5m | |
| Director | 4yrs | US$170.00k | 0.036% $ 575.1k | |
| Director | 17.1yrs | US$979.08k | 3.39% $ 54.1m | |
| Independent Director | 11.3yrs | US$170.00k | 0.46% $ 7.4m | |
| Independent Director | 2.4yrs | US$155.00k | 0.015% $ 233.1k | |
| Independent Director | 14.5yrs | US$176.00k | 0.28% $ 4.4m | |
| Independent Director | 17.1yrs | US$155.00k | 0.29% $ 4.7m | |
| Independent Director | 4.4yrs | US$175.00k | 0.013% $ 206.4k |
12.9yrs
Average Tenure
69yo
Average Age
Experienced Board: LOB's board of directors are seasoned and experienced ( 12.9 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/06 22:39 |
| End of Day Share Price | 2025/02/06 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/12/31 |
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 |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
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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 5 analysts. 3 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 |
|---|---|
| Steven Alexopoulos | J.P. Morgan |
| Christopher McGratty | Keefe, Bruyette, & Woods |
| Timothy Switzer | Keefe, Bruyette, & Woods |