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Live Oak Bancshares Q1 2023 Earnings Report

Live Oak Bancshares logo
$39.17 +0.52 (+1.35%)
(As of 12/20/2024 05:16 PM ET)

Live Oak Bancshares EPS Results

Actual EPS
$0.01
Consensus EPS
$0.36
Beat/Miss
Missed by -$0.35
One Year Ago EPS
N/A

Live Oak Bancshares Revenue Results

Actual Revenue
$101.60 million
Expected Revenue
$111.27 million
Beat/Miss
Missed by -$9.67 million
YoY Revenue Growth
N/A

Live Oak Bancshares Announcement Details

Quarter
Q1 2023
Time
N/A

Conference Call Resources

Conference Call Audio

Slide Deck

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Live Oak Bancshares Earnings Headlines

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Live Oak to buy-out Trio developer
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About Live Oak Bancshares

Live Oak Bancshares (NASDAQ:LOB) 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. 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, the company provides settlement, accounting, and securitization services for government guaranteed loans; financing for renewable energy application industry; wealth and investment management services to high-net-worth individuals and families; and investment advisory services to a series of funds focused on providing venture capital to new and emerging financial technology companies. Live Oak Bancshares, Inc. was incorporated in 2008 and is headquartered in Wilmington, North Carolina.

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