LOB

Live Oak Bancshares, Inc. (NASDAQ:LOB) is a regional bank holding company founded in 2008 and headquartered in Wilmington, North Carolina. The company operates through its subsidiary Live Oak Banking Company and has positioned itself as a technology-focused commercial bank specializing in small business lending. Since going public in 2015, Live Oak has grown from a $400 million bank to over $12 billion in assets, establishing itself as what management calls "America's Small Business Bank" with a particular expertise in government-guaranteed Small Business Administration (SBA) loans and specialized industry verticals.