LOB
Live Oak Bancshares, Inc.
NYSE · Financial Services · Banks - Regional · US
$39.61
+0.13%Income statement
| Metric | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Revenue | |||||
| Total Revenue | 1.1B | 1.0B | 929.3M | 776.6M | 508.8M |
| Cost of Revenue | 535.1M | 538.2M | 532.7M | 394.3M | 157.9M |
| Gross Profit | 545.1M | 503.0M | 396.6M | 382.3M | 350.9M |
| Operating Expenses | |||||
| R&D Expense | — | — | — | — | — |
| SG&A Expense | 251.8M | 253.9M | 205.3M | 204.3M | 191.1M |
| General & Admin Expense | 247.6M | 241.6M | 194.1M | 191.7M | 180.6M |
| Selling & Marketing Expense | 4.1M | 12.2M | 11.1M | 12.6M | 10.5M |
| Other Expenses | 90.8M | 88.2M | 102.1M | 95.2M | (50.5M) |
| Total Operating Expenses | 342.6M | 342.0M | 307.4M | 299.4M | 140.6M |
| Cost and Expenses | 877.7M | 880.3M | 840.1M | 693.7M | 298.5M |
| Operating Income (EBIT) | 202.6M | 161.0M | 89.2M | 82.8M | 210.3M |
| Non-Operating | |||||
| Interest Income | 946.7M | 908.5M | 812.4M | 688.3M | 444.5M |
| Interest Expense | 463.3M | 460.1M | 436.5M | 343.0M | 117.0M |
| Net Interest Income | 483.3M | 448.4M | 375.9M | 345.3M | 327.5M |
| Other Non-Op Income/Expense | — | — | — | — | — |
| Non-Operating Income (excl Interest) | — | — | — | — | — |
| EBT (Pre-Tax Income) | 202.6M | 161.0M | 89.2M | 82.8M | 210.3M |
| Income Tax Expense | 65.3M | 57.3M | 11.8M | 8.9M | 34.1M |
| Bottom Line | |||||
| Net Income | 137.5M | 103.8M | 77.5M | 73.9M | 176.2M |
| Earnings from Cont. Ops | 137.2M | 103.6M | 77.4M | 73.9M | 176.2M |
| Earnings from Discont. Ops | — | — | — | — | — |
| Bottom Line Net Income | 133.3M | 103.8M | 77.5M | 73.9M | 176.2M |
| Per Share | |||||
| Basic EPS | $2.88 | $2.24 | $1.72 | $1.67 | $4.02 |
| Diluted EPS | $2.84 | $2.22 | $1.69 | $1.64 | $3.92 |
| Revenue Per Share | $23.35 | $22.68 | $20.65 | $17.51 | $11.60 |
| Shares | |||||
| Basic Shares Outstanding | 46.3M | 45.9M | 45.0M | 44.4M | 43.9M |
| Diluted Shares Outstanding | 46.6M | 46.3M | 46.0M | 45.1M | 44.9M |
| Profitability Metrics | |||||
| EBITDA | 226.1M | 185.1M | 112.5M | 104.1M | 231.1M |
| D&A | 23.6M | 24.1M | 23.3M | 21.3M | 20.8M |
| EBIT | 202.6M | 161.0M | 89.2M | 82.8M | 210.3M |
As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026