Live Oak Bancshares (LOB) Financials

$26.54 +1.76 (+7.08%)

As of 04/24/2025 03:53 PM Eastern

Annual Income Statements for Live Oak Bancshares

This table shows Live Oak Bancshares' income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Net Income / (Loss) Attributable to Common Shareholders	10	21	14	100	51	18	60	167	176	74	77
Consolidated Net Income / (Loss)	10	21	14	100	51	18	60	167	176	74	77
Net Income / (Loss) Continuing Operations	10	21	14	100	51	18	60	167	176	74	77
Total Pre-Tax Income	17	34	17	98	46	23	47	211	210	83	89
Total Revenue	75	110	136	251	204	204	281	457	565	457	500
Net Interest Income / (Expense)	15	26	43	78	108	140	195	297	328	345	376
Total Interest Income	21	34	57	103	163	228	288	361	444	688	812
Loans and Leases Interest Income	20	33	55	100	147	208	271	348	419	624	745
Investment Securities Interest Income	0.46	0.81	1.13	1.43	8.73	15	15	13	20	33	38
Other Interest Income	0.16	0.30	1.03	2.41	6.60	4.80	2.62	0.94	6.26	31	29
Total Interest Expense	5.85	8.86	15	25	55	88	94	64	117	343	436
Deposits Interest Expense	4.73	7.38	14	24	54	88	90	60	115	340	431
Long-Term Debt Interest Expense	1.12	1.48	0.96	1.22	0.13	0.00	3.96	4.69	1.94	2.76	5.58
Total Non-Interest Income	60	84	94	173	96	64	86	160	238	112	124
Other Service Charges	15	19	27	38	40	38	47	47	53	61	73
Net Realized & Unrealized Capital Gains on Investments	45	65	67	133	49	16	29	103	175	41	41
Other Non-Interest Income	-	-	0.00	1.86	7.97	9.66	11	10	10	10	9.76
Provision for Credit Losses	2.79	3.81	13	9.54	5.56	15	41	15	41	51	96
Total Non-Interest Expense	55	72	106	143	153	165	193	231	314	323	314
Salaries and Employee Benefits	29	40	63	75	77	91	113	125	171	175	183
Net Occupancy & Equipment Expense	6.08	9.18	12	22	33	34	51	46	55	55	58
Marketing Expense	8.71	12	13	14	15	13	6.96	11	19	21	21
Property & Liability Insurance Claims	-	0.51	1.42	3.21	3.23	3.45	7.47	7.07	9.76	17	11
Other Operating Expenses	11	9.99	14	24	21	24	15	39	44	40	41
Impairment Charge	0.00	0.00	3.20	4.34	2.68	0.60	0.00	3.19	16	15	0.53
Income Tax Expense	7.39	14	3.44	-2.25	-5.40	5.43	-12	44	34	8.93	12
Net Income / (Loss) Attributable to Noncontrolling Interest	0.00	-0.02	-0.01	-	-	-	-	-	0.00	0.00	-0.06
Basic Earnings per Share	$0.42	$0.66	$0.40	$2.75	$1.28	$0.45	$1.46	$3.87	$4.02	$1.67	$1.72
Weighted Average Basic Shares Outstanding	-	-	-	-	-	-	-	-	44.15M	44.77M	45.57M
Diluted Earnings per Share	$0.41	$0.65	$0.39	$2.65	$1.24	$0.44	$1.43	$3.71	$3.92	$1.64	$1.69
Weighted Average Diluted Shares Outstanding	-	-	-	-	-	-	-	-	44.15M	44.77M	45.57M
Weighted Average Basic & Diluted Shares Outstanding	-	-	-	-	-	-	-	-	44.15M	44.77M	45.57M
Cash Dividends to Common per Share	-	-	$0.07	$0.10	$0.12	$0.12	$0.12	$0.12	$0.12	$0.12	$0.12

This table shows Live Oak Bancshares' income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Net Income / (Loss) Attributable to Common Shareholders	43	1.79	0.40	18	40	16	28	27	13	9.90
Consolidated Net Income / (Loss)	43	1.79	0.40	18	40	16	28	27	13	9.84
Net Income / (Loss) Continuing Operations	43	1.79	0.40	18	40	16	28	27	13	9.84
Total Pre-Tax Income	44	0.72	3.61	19	43	17	22	36	18	13
Total Revenue	142	105	102	108	127	120	116	125	130	128
Net Interest Income / (Expense)	84	86	82	84	89	90	90	91	97	97
Total Interest Income	116	137	151	170	181	187	192	198	209	213
Loans and Leases Interest Income	108	127	139	152	163	170	176	182	192	195
Investment Securities Interest Income	5.51	6.72	7.55	8.50	8.70	8.75	8.95	9.22	9.75	10
Other Interest Income	2.45	2.58	4.82	8.85	9.19	8.26	7.46	7.39	7.02	7.26
Total Interest Expense	32	51	69	85	91	97	102	107	112	115
Deposits Interest Expense	32	50	68	85	91	97	102	105	110	113
Long-Term Debt Interest Expense	0.40	0.35	1.80	0.41	0.29	0.27	0.31	1.77	1.76	1.74
Total Non-Interest Income	58	19	20	24	38	30	26	34	33	31
Other Service Charges	13	15	14	14	14	19	21	22	16	15
Net Realized & Unrealized Capital Gains on Investments	42	1.97	3.13	7.77	22	8.41	2.99	10	14	13
Other Non-Interest Income	2.52	2.56	2.54	2.54	2.50	2.44	2.45	2.42	2.42	2.46
Provision for Credit Losses	14	20	19	13	10	9.00	16	12	35	34
Total Non-Interest Expense	83	85	79	76	74	93	78	78	78	81
Salaries and Employee Benefits	43	43	45	43	43	44	47	46	45	45
Net Occupancy & Equipment Expense	14	16	13	14	14	14	13	14	15	16
Marketing Expense	4.99	5.76	6.01	5.78	5.64	4.05	6.13	5.33	4.82	4.61
Property & Liability Insurance Claims	2.70	2.92	3.40	5.06	4.12	4.09	3.20	2.65	1.93	3.05
Other Operating Expenses	10	8.82	11	8.32	8.03	12	8.09	9.53	11	12
Income Tax Expense	1.53	-1.08	3.22	1.43	2.97	1.32	-5.48	9.10	4.82	3.39
Basic Earnings per Share	$0.97	$0.04	$0.01	$0.40	$0.89	$0.37	$0.62	$0.60	$0.28	$0.22
Weighted Average Basic Shares Outstanding	-	44.15M	-	44.36M	44.48M	44.77M	44.97M	45.04M	45.19M	45.57M
Diluted Earnings per Share	$0.96	$0.04	$0.01	$0.39	$0.88	$0.36	$0.60	$0.59	$0.28	$0.22
Weighted Average Diluted Shares Outstanding	-	44.15M	-	44.36M	44.48M	44.77M	44.97M	45.04M	45.19M	45.57M
Weighted Average Basic & Diluted Shares Outstanding	-	44.15M	-	44.36M	44.48M	44.77M	44.97M	45.04M	45.19M	45.57M

This table details how cash moves in and out of Live Oak Bancshares' business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Net Change in Cash & Equivalents	-7.34	73	135	57	24	-98	97	-115	213	166	26
Net Cash From Operating Activities	-262	-335	-222	-288	6.29	-483	-261	-120	124	620	536
Net Cash From Continuing Operating Activities	-262	-335	-222	-288	6.29	-483	-261	-120	124	620	536
Net Income / (Loss) Continuing Operations	10	21	14	100	51	18	60	167	176	74	77
Consolidated Net Income / (Loss)	10	21	14	100	51	18	60	167	176	74	77
Provision For Loan Losses	2.79	3.81	13	9.54	5.56	15	41	15	41	51	96
Depreciation Expense	2.16	3.44	4.26	10	16	20	22	21	21	21	23
Amortization Expense	-0.61	3.21	3.10	0.46	0.80	0.51	3.36	6.46	3.42	0.01	-0.72
Non-Cash Adjustments to Reconcile Net Income	-266	-358	-240	-382	-57	-567	-325	-332	-102	456	335
Changes in Operating Assets and Liabilities, net	-9.45	-7.28	-15	-26	-11	31	-61	2.10	-15	17	5.73
Net Cash From Investing Activities	18	60	-320	-535	-845	-685	-2,619	-150	-1,442	-1,775	-2,079
Net Cash From Continuing Investing Activities	18	60	-320	-535	-845	-685	-2,619	-150	-1,442	-1,775	-2,079
Purchase of Property, Leasehold Improvements and Equipment	-14	-30	-11	-124	-111	-37	-21	-3.08	-44	-47	-49
Purchase of Investment Securities	26	60	-333	-436	-794	-770	-2,811	-419	-1,711	-1,872	-2,237
Sale of Property, Leasehold Improvements and Equipment	2.20	-	0.00	0.00	0.87	0.00	0.00	0.08	0.00	0.10	1.04
Sale and/or Maturity of Investments	5.02	20	24	25	60	123	213	273	313	144	207
Net Cash From Financing Activities	236	348	677	880	863	1,069	2,977	155	1,531	1,321	1,569
Net Cash From Continuing Financing Activities	236	348	677	880	863	1,069	2,977	155	1,531	1,321	1,569
Net Change in Deposits	165	283	680	775	892	1,075	1,486	1,399	1,773	1,390	1,485
Issuance of Debt	41	13	0.00	40	0.02	0.00	1,828	603	62	2,906	100
Repayment of Debt	-2.39	-33	-0.53	-41	-25	-1.44	-286	-1,827	-297	-2,966	-10
Payment of Dividends	-44	-2.73	-2.74	-3.78	-4.81	-4.83	-4.91	-5.19	-5.27	-5.33	-5.41
Other Financing Activities, Net	0.18	0.24	0.40	-3.42	1.21	0.54	-46	-15	-1.79	-4.16	-0.64
Cash Interest Paid	5.77	8.84	15	25	54	87	92	67	118	343	437
Cash Income Taxes Paid	3.82	12	8.24	7.08	1.75	-12	11	20	25	5.30	39

This table details how cash moves in and out of Live Oak Bancshares' business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Net Change in Cash & Equivalents	-229	13	47	345	-	48	15	18	51	-58
Net Cash From Operating Activities	21	26	158	136	-	170	91	84	191	171
Net Cash From Continuing Operating Activities	21	26	158	136	-	170	91	84	191	171
Net Income / (Loss) Continuing Operations	43	1.79	0.40	18	-	16	28	27	13	9.84
Consolidated Net Income / (Loss)	43	1.79	0.40	18	-	16	28	27	13	9.84
Provision For Loan Losses	14	20	19	13	-	9.00	16	12	35	34
Depreciation Expense	5.07	5.15	5.19	5.25	-	5.33	4.98	5.34	6.31	6.65
Amortization Expense	0.64	0.40	0.17	-0.04	-	-0.06	-0.36	-0.14	-0.13	-0.09
Non-Cash Adjustments to Reconcile Net Income	-57	33	124	84	-	138	42	48	129	116
Changes in Operating Assets and Liabilities, net	15	-34	9.66	16	-	1.42	0.35	-7.79	8.71	4.46
Net Cash From Investing Activities	-446	-539	-593	-245	-	-388	-279	-386	-829	-586
Net Cash From Continuing Investing Activities	-446	-539	-593	-245	-	-388	-279	-386	-829	-586
Purchase of Property, Leasehold Improvements and Equipment	-7.40	-8.12	-10	-6.56	-	-22	-22	-17	-6.41	-4.02
Purchase of Investment Securities	-496	-565	-604	-266	-	-425	-302	-427	-880	-629
Sale of Property, Leasehold Improvements and Equipment	-0.00	-	0.00	-	-	-	0.98	-	-	0.07
Sale and/or Maturity of Investments	57	34	21	28	-	58	44	58	58	47
Net Cash From Financing Activities	197	526	481	453	-	266	203	320	689	358
Net Cash From Continuing Financing Activities	197	526	481	453	-	266	203	320	689	358
Net Change in Deposits	249	480	537	457	-	271	108	324	694	360
Issuance of Debt	0.02	50	2,156	750	-	0.02	99	0.05	0.20	0.04
Repayment of Debt	-51	-2.44	-2,208	-752	-	-2.51	-2.53	-2.55	-2.57	-2.60
Payment of Dividends	-1.32	-1.32	-1.33	-1.33	-	-1.34	-1.35	-1.35	-1.35	-1.36
Other Financing Activities, Net	-0.33	-0.05	-2.36	0.05	-	-1.53	-1.23	-0.06	-1.07	1.71
Cash Interest Paid	32	51	69	85	-	98	103	107	112	115
Cash Income Taxes Paid	10	7.58	0.18	5.05	-	3.61	1.93	21	3.59	12

This table presents Live Oak Bancshares' assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Total Assets	673	1,053	1,755	2,758	3,670	4,813	7,872	8,213	9,855	11,271	12,943
Cash and Due from Banks	30	103	238	295	317	125	297	187	280	583	609
Time Deposits Placed and Other Short-Term Investments	10	10	7.25	3.00	7.25	7.25	6.50	4.75	4.00	0.25	0.25
Trading Account Securities	344	534	465	774	1,068	1,506	1,926	2,023	1,569	1,513	1,594
Loans and Leases, Net of Allowance	200	273	889	1,320	1,811	2,599	5,093	5,458	7,248	8,508	10,066
Loans and Leases	204	280	908	1,344	1,843	2,627	5,145	5,521	7,344	8,634	10,233
Allowance for Loan and Lease Losses	4.41	7.42	18	24	32	28	52	64	97	126	168
Premises and Equipment, Net	35	63	65	179	263	279	259	240	263	258	264
Other Assets	54	70	91	188	205	200	270	284	355	410	410
Total Liabilities & Shareholders' Equity	673	1,053	1,755	2,758	3,670	4,813	7,872	8,213	9,855	11,271	12,943
Total Liabilities	582	853	1,532	2,322	3,177	4,280	7,304	7,498	9,044	10,369	11,940
Non-Interest Bearing Deposits	14	22	28	58	54	52	75	89	194	259	319
Interest Bearing Deposits	508	783	1,457	2,202	3,096	4,175	5,638	7,023	8,691	10,016	11,442
Long-Term Debt	42	28	28	27	1.46	0.01	1,542	318	-	23	113
Other Long-Term Liabilities	11	20	19	35	26	53	50	68	76	70	67
Total Equity & Noncontrolling Interests	92	199	223	437	494	532	568	715	811	903	1,003
Total Preferred & Common Equity	92	199	223	437	494	532	568	715	811	903	999
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	92	199	223	437	494	532	568	715	811	903	999
Common Stock	99	188	200	318	328	340	311	312	331	345	366
Retained Earnings	-6.94	12	24	120	167	180	236	401	572	643	716
Accumulated Other Comprehensive Income / (Loss)	0.09	-0.19	-0.65	-1.03	-1.68	12	22	1.95	-92	-85	-82
Noncontrolling Interest	0.00	0.03	-	-	-	-	-	-	-	0.00	4.47

This table presents Live Oak Bancshares' assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024
Total Assets	9,315	10,364	10,819	10,950	11,506	11,869	12,607
Cash and Due from Banks	335	463	808	535	597	615	667
Time Deposits Placed and Other Short-Term Investments	4.25	4.00	4.00	3.75	0.25	0.25	0.25
Trading Account Securities	1,543	1,683	1,657	1,672	1,431	1,515	1,593
Loans and Leases, Net of Allowance	6,775	7,579	7,716	8,081	8,774	9,034	9,663
Loans and Leases	6,853	7,687	7,836	8,203	8,913	9,172	9,832
Allowance for Loan and Lease Losses	78	108	120	121	139	138	169
Premises and Equipment, Net	260	268	269	258	258	268	267
Other Assets	329	367	364	400	445	436	417
Total Liabilities & Shareholders' Equity	9,315	10,364	10,819	10,950	11,506	11,869	12,607
Total Liabilities	8,512	9,541	9,987	10,100	10,578	10,908	11,600
Non-Interest Bearing Deposits	170	176	230	240	227	264	259
Interest Bearing Deposits	8,235	9,246	9,649	9,764	10,157	10,443	11,142
Other Long-Term Liabilities	72	89	79	71	74	83	84
Total Equity & Noncontrolling Interests	802	823	832	850	928	961	1,008
Total Preferred & Common Equity	802	823	832	850	928	961	1,008
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	802	823	832	850	928	961	1,008
Common Stock	326	335	341	341	350	356	362
Retained Earnings	572	573	589	628	669	695	707
Accumulated Other Comprehensive Income / (Loss)	-95	-84	-98	-118	-91	-91	-61

This table displays calculated financial ratios and metrics derived from Live Oak Bancshares' official financial filings.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	23.74%	-19.18%	9.33%
EBITDA Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-1.71%	-55.61%	7.38%
EBIT Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-0.22%	-60.62%	7.73%
NOPAT Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	5.52%	-116.12%	4.76%
Net Income Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	5.52%	-58.06%	4.76%
EPS Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	5.66%	-58.16%	3.05%
Operating Cash Flow Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	203.98%	796.22%	-13.48%
Free Cash Flow Firm Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	93.53%	-174.72%
Invested Capital Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	14.18%	20.55%
Revenue Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	1.71%
EBITDA Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-2.59%
EBIT Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-4.55%
NOPAT Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-7.55%
Net Income Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-7.55%
EPS Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-7.65%
Operating Cash Flow Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.08%
Free Cash Flow Firm Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	97.71%	-53.26%
Invested Capital Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	15.05%	10.77%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
EBITDA Margin	25.39%	37.34%	18.04%	43.43%	30.95%	21.58%	25.80%	52.22%	41.47%	45.56%	22.37%
EBIT Margin	23.32%	31.29%	12.63%	39.15%	22.54%	11.53%	16.88%	46.13%	74.39%	36.25%	17.86%
Profit (Net Income) Margin	13.44%	18.74%	10.11%	40.05%	25.18%	8.86%	21.21%	36.54%	31.16%	16.17%	15.49%
Tax Burden Percent	57.63%	59.89%	159.98%	102.28%	111.73%	76.85%	125.65%	79.22%	167.56%	89.22%	86.76%
Interest Burden Percent	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	200.00%	100.00%	100.00%
Effective Tax Rate	42.37%	40.11%	40.02%	-2.28%	-11.73%	23.15%	-25.65%	20.78%	16.22%	10.78%	13.24%
Return on Invested Capital (ROIC)	7.19%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	8.51%	7.58%
ROIC Less NNEP Spread (ROIC-NNEP)	7.19%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	8.51%	7.58%
Return on Net Nonoperating Assets (RNNOA)	3.75%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.12%	0.54%
Return on Equity (ROE)	10.94%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	8.62%	8.12%
Cash Return on Invested Capital (CROIC)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-156.55%	-4.73%	-11.05%
Operating Return on Assets (OROA)	2.59%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.78%	0.74%
Return on Assets (ROA)	1.49%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	2.01%	0.64%
Return on Common Equity (ROCE)	10.94%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	8.62%	8.10%
Return on Equity Simple (ROE_SIMPLE)	10.94%	10.33%	0.00%	23.00%	10.42%	0.00%	10.49%	23.35%	21.73%	8.19%	7.75%
Net Operating Profit after Tax (NOPAT)	10	21	14	100	51	18	60	167	176	74	77
NOPAT Margin	13.44%	18.74%	10.11%	40.05%	25.18%	8.86%	21.21%	36.54%	31.16%	16.17%	15.49%
Net Nonoperating Expense Percent (NNEP)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SG&A Expenses to Revenue	58.79%	55.69%	129.02%	44.34%	61.37%	67.39%	60.60%	39.76%	86.48%	110.22%	52.47%
Operating Expenses to Revenue	72.94%	65.24%	78.16%	57.05%	74.74%	81.00%	68.64%	50.55%	55.57%	141.29%	62.89%
Earnings before Interest and Taxes (EBIT)	17	34	17	98	46	23	47	211	210	83	89
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	19	41	25	109	63	44	72	239	235	104	112
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	1.62	2.23	1.79
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	1.62	4.47	1.79
Price to Revenue (P/Rev)	0.00	4.25	4.50	3.68	2.84	3.70	6.79	8.21	2.33	4.41	3.57
Price to Earnings (P/E)	0.00	22.64	44.45	9.19	11.27	41.72	32.01	22.46	7.48	27.28	23.05
Dividend Yield	0.00%	0.15%	0.89%	0.52%	0.83%	0.64%	0.26%	0.14%	0.80%	0.26%	0.30%
Earnings Yield	0.00%	4.42%	2.25%	10.89%	8.87%	2.40%	3.12%	4.45%	26.73%	3.67%	4.34%
Enterprise Value to Invested Capital (EV/IC)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	1.11	1.57	1.16
Enterprise Value to Revenue (EV/Rev)	0.00	4.25	4.50	3.68	2.84	3.70	6.79	8.21	1.59	3.19	2.59
Enterprise Value to EBITDA (EV/EBITDA)	0.00	11.38	24.92	8.47	9.17	17.12	26.31	15.72	3.83	13.99	11.57
Enterprise Value to EBIT (EV/EBIT)	0.00	13.57	35.58	9.40	12.60	32.06	40.22	17.79	4.27	17.59	14.50
Enterprise Value to NOPAT (EV/NOPAT)	0.00	22.66	44.48	9.19	11.27	41.72	32.01	22.46	5.09	19.71	16.71
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	0.00	0.00	0.00	92.15	0.00	0.00	0.00	17.80	2.35	2.41
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.52	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.03	0.11
Long-Term Debt to Equity	0.46	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.03	0.11
Financial Leverage	0.52	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.01	0.07
Leverage Ratio	7.33	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	12.33	12.70
Compound Leverage Factor	7.33	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	24.82	12.70
Debt to Total Capital	34.31%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	2.52%	10.11%
Short-Term Debt to Total Capital	4.36%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	29.94%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	2.52%	10.11%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.40%
Common Equity to Total Capital	65.69%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	197.48%	89.49%
Debt to EBITDA	2.53	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.22	1.01
Net Debt to EBITDA	0.42	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-5.37	-4.44
Long-Term Debt to EBITDA	2.20	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.22	1.01
Debt to NOPAT	4.77	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.32	1.46
Net Debt to NOPAT	0.80	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-7.57	-6.41
Long-Term Debt to NOPAT	4.16	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.32	1.46
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.23%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-635	-41	-113
Operating Cash Flow to CapEx	-2,153.04%	-1,099.05%	-4,076.59%	-231.62%	5.70%	-1,297.20%	-1,243.73%	-3,993.23%	569.06%	1,326.67%	1,111.53%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-5.43	-2.54	-0.26
Operating Cash Flow to Interest Expense	-44.69	-37.77	-30.36	-11.30	0.12	-5.49	-2.79	-1.86	2.13	3.62	1.23
Operating Cash Flow Less CapEx to Interest Expense	-46.76	-41.20	-31.85	-16.18	-1.91	-5.91	-3.01	-1.90	0.69	3.34	1.12
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.11	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.04	0.04
Fixed Asset Turnover	2.12	0.00	0.00	0.00	0.00	0.00	0.00	0.00	2.25	1.75	1.91
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	140	0.00	0.00	0.00	0.00	0.00	0.00	0.00	811	926	1,116
Invested Capital Turnover	0.53	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.53	0.49
Increase / (Decrease) in Invested Capital	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	811	115	190
Enterprise Value (EV)	0.00	467	612	923	580	752	1,906	3,751	897	1,457	1,294
Market Capitalization	0.00	467	612	923	580	752	1,906	3,751	1,318	2,016	1,786
Book Value per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$18.44	$20.29	$22.11
Tangible Book Value per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$18.44	$20.29	$22.11
Total Capital	140	0.00	0.00	0.00	0.00	0.00	0.00	0.00	811	926	1,116
Total Debt	48	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	23	113
Total Long-Term Debt	42	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	23	113
Net Debt	8.05	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-421	-559	-496
Capital Expenditures (CapEx)	12	30	11	124	110	37	21	3.00	44	47	48
Net Nonoperating Expense (NNE)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Nonoperating Obligations (NNO)	48	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	23	113
Total Depreciation and Amortization (D&A)	1.55	6.65	7.36	11	17	20	25	28	24	21	23
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$4.02	$1.67	$1.72
Adjusted Weighted Average Basic Shares Outstanding	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	44.15M	44.77M	45.57M
Adjusted Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$3.92	$1.64	$1.69
Adjusted Weighted Average Diluted Shares Outstanding	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	44.15M	44.77M	45.57M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	44.15M	44.77M	45.57M
Normalized Net Operating Profit after Tax (NOPAT)	10	21	16	72	34	18	33	170	190	87	78
Normalized NOPAT Margin	13.44%	18.74%	23.97%	28.62%	16.69%	9.08%	11.82%	37.10%	33.56%	19.03%	15.59%
Pre Tax Income Margin	23.32%	31.29%	25.27%	39.15%	22.54%	11.53%	16.88%	46.13%	74.39%	36.25%	17.86%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	2.98	3.88	1.18	3.86	0.84	0.27	0.51	3.27	3.60	0.48	0.20
NOPAT to Interest Expense	1.72	2.32	0.94	3.95	0.94	0.21	0.64	2.59	3.01	0.22	0.18
EBIT Less CapEx to Interest Expense	0.90	0.45	0.43	-1.02	-1.18	-0.16	0.28	3.23	2.85	0.21	0.09
NOPAT Less CapEx to Interest Expense	-0.36	-1.11	0.39	-0.93	-1.08	-0.22	0.41	2.55	2.26	0.16	0.07
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	436.40%	13.26%	39.77%	3.76%	9.35%	26.77%	8.24%	3.11%	5.98%	7.21%	6.98%
Augmented Payout Ratio	436.40%	13.26%	19.89%	3.76%	9.35%	26.77%	8.24%	3.11%	5.98%	14.41%	6.98%

This table displays calculated financial ratios and metrics derived from Live Oak Bancshares' official financial filings.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	0.00%	0.00%	0.00%	-95.95%	-10.10%	14.01%	14.38%	15.69%	2.07%	7.01%
EBITDA Growth	0.00%	0.00%	0.00%	-160.45%	-18.34%	262.92%	395.59%	141.15%	-87.68%	-13.05%
EBIT Growth	0.00%	0.00%	0.00%	-168.98%	-3.68%	2,338.49%	1,535.62%	180.10%	-174.83%	-24.34%
NOPAT Growth	0.00%	0.00%	0.00%	-163.84%	-14.35%	801.95%	13,662.31%	53.69%	-67.27%	-39.10%
Net Income Growth	0.00%	0.00%	0.00%	-163.84%	-14.35%	801.95%	13,662.31%	161.06%	-134.54%	-39.10%
EPS Growth	0.00%	0.00%	0.00%	-163.89%	-16.67%	800.00%	17,700.00%	102.56%	-204.55%	-38.89%
Operating Cash Flow Growth	0.00%	0.00%	0.00%	0.00%	0.00%	550.86%	-85.28%	-77.09%	0.00%	0.26%
Free Cash Flow Firm Growth	0.00%	0.00%	0.00%	0.00%	0.00%	87.79%	0.00%	146.17%	82.19%	-82.60%
Invested Capital Growth	0.00%	0.00%	0.00%	0.00%	0.00%	14.18%	0.00%	88.76%	37.02%	20.55%
Revenue Q/Q Growth	-64.14%	-25.87%	0.00%	13.51%	17.37%	-11.97%	-5.81%	15.96%	10.65%	-1.44%
EBITDA Q/Q Growth	-59.04%	-87.48%	0.00%	338.89%	153.56%	-93.55%	34.92%	108.67%	-83.59%	-17.59%
EBIT Q/Q Growth	-127.41%	-98.38%	0.00%	850.26%	125.37%	-118.22%	52.88%	63.11%	-101.04%	-25.85%
NOPAT Q/Q Growth	-111.65%	-95.82%	0.00%	8,616.08%	253.64%	-118.76%	212.02%	-4.52%	-155.08%	-24.43%
Net Income Q/Q Growth	-111.65%	-95.82%	0.00%	4,308.04%	253.64%	-59.38%	141.35%	-4.52%	-103.39%	-24.43%
EPS Q/Q Growth	-111.11%	-95.83%	0.00%	7,600.00%	125.64%	-118.18%	133.33%	-3.33%	-105.08%	-21.43%
Operating Cash Flow Q/Q Growth	0.00%	26.63%	0.00%	-27.74%	0.00%	0.00%	-139.83%	-7.72%	383.20%	-10.64%
Free Cash Flow Firm Q/Q Growth	0.00%	0.00%	0.00%	0.00%	1.07%	78.44%	-45.30%	235.51%	102.55%	-25.00%
Invested Capital Q/Q Growth	0.00%	0.00%	0.00%	0.00%	4.30%	15.05%	48.29%	8.83%	-13.17%	10.77%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
EBITDA Margin	35.38%	5.97%	17.67%	44.60%	67.18%	19.02%	46.01%	65.76%	55.45%	15.45%
EBIT Margin	62.70%	0.68%	3.56%	34.99%	67.18%	29.22%	38.05%	86.21%	41.19%	10.33%
Profit (Net Income) Margin	60.54%	1.71%	0.39%	32.35%	62.52%	27.01%	71.22%	64.46%	20.05%	7.69%
Tax Burden Percent	193.13%	249.93%	22.03%	92.47%	186.12%	184.89%	374.35%	224.33%	219.02%	74.40%
Interest Burden Percent	100.00%	100.00%	100.00%	200.00%	200.00%	100.00%	300.00%	200.00%	300.00%	100.00%
Effective Tax Rate	3.44%	-149.93%	177.97%	7.53%	13.88%	15.11%	-49.57%	75.67%	80.98%	25.60%
Return on Invested Capital (ROIC)	0.00%	2.38%	0.00%	0.00%	0.00%	20.78%	42.74%	21.98%	10.60%	3.76%
ROIC Less NNEP Spread (ROIC-NNEP)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	21.37%	21.98%	0.00%	3.76%
Return on Net Nonoperating Assets (RNNOA)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	5.54%	1.44%	0.00%	0.27%
Return on Equity (ROE)	0.00%	0.00%	0.00%	0.00%	0.00%	7.20%	48.27%	23.42%	0.00%	4.03%
Cash Return on Invested Capital (CROIC)	0.00%	-156.55%	0.00%	-400.00%	-400.00%	-4.73%	-361.42%	-42.63%	-23.78%	-11.05%
Operating Return on Assets (OROA)	0.00%	0.04%	0.00%	0.00%	0.00%	1.82%	1.56%	3.71%	1.72%	0.43%
Return on Assets (ROA)	0.00%	0.11%	0.00%	0.00%	0.00%	1.68%	1.95%	2.78%	0.84%	0.32%
Return on Common Equity (ROCE)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	72.41%	35.13%	0.00%	4.02%
Return on Equity Simple (ROE_SIMPLE)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	21.79%	23.00%	24.93%	0.00%
Net Operating Profit after Tax (NOPAT)	43	1.79	0.40	18	40	16	28	27	13	9.84
NOPAT Margin	30.27%	1.71%	0.78%	32.35%	31.26%	27.01%	23.74%	21.49%	20.05%	7.69%
Net Nonoperating Expense Percent (NNEP)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SG&A Expenses to Revenue	88.30%	61.35%	126.48%	58.16%	97.59%	104.33%	171.54%	104.37%	99.59%	51.19%
Operating Expenses to Revenue	117.29%	80.58%	77.72%	140.99%	116.67%	155.75%	133.79%	185.66%	179.15%	63.45%
Earnings before Interest and Taxes (EBIT)	44	0.72	3.61	19	43	17	22	36	18	13
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	50	6.27	8.98	24	43	23	27	41	24	20
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.00	1.62	0.00	2.79	1.50	2.23	1.99	1.64	4.23	1.79
Price to Tangible Book Value (P/TBV)	0.00	1.62	0.00	2.79	1.50	2.23	1.99	1.64	6.35	1.79
Price to Revenue (P/Rev)	0.00	2.33	0.00	0.00	0.00	4.41	3.91	3.22	4.34	3.57
Price to Earnings (P/E)	0.00	7.48	0.00	0.00	0.00	27.28	18.23	14.25	50.92	23.05
Dividend Yield	0.79%	0.40%	0.50%	0.92%	0.83%	0.26%	0.87%	0.69%	0.76%	0.30%
Earnings Yield	0.00%	13.37%	0.00%	0.00%	0.00%	7.34%	5.49%	14.04%	7.86%	4.34%
Enterprise Value to Invested Capital (EV/IC)	0.00	1.11	0.00	0.84	1.74	3.16	1.30	1.00	4.36	1.16
Enterprise Value to Revenue (EV/Rev)	0.00	1.59	0.00	0.00	0.00	3.19	2.89	6.61	8.95	2.59
Enterprise Value to EBITDA (EV/EBITDA)	0.00	3.83	0.00	0.00	0.00	27.78	11.20	18.18	38.30	11.57
Enterprise Value to EBIT (EV/EBIT)	0.00	4.27	0.00	0.00	0.00	34.91	13.47	18.18	47.01	14.50
Enterprise Value to NOPAT (EV/NOPAT)	0.00	5.09	0.00	0.00	0.00	19.71	13.50	9.74	52.49	16.71
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	7.21	0.00	0.00	0.00	4.66	2.47	0.00	5.47	2.41
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.00	0.00	0.00	0.00	0.00	0.03	0.39	0.37	0.00	0.11
Long-Term Debt to Equity	0.00	0.00	0.00	0.00	0.00	0.03	0.39	0.12	0.00	0.11
Financial Leverage	0.00	0.00	0.00	0.00	0.00	0.01	0.26	0.13	0.00	0.07
Leverage Ratio	0.00	11.84	0.00	13.00	25.75	24.82	24.80	37.95	25.36	12.70
Compound Leverage Factor	0.00	11.84	0.00	25.99	25.75	24.82	24.80	25.30	38.03	12.70
Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	2.52%	11.47%	21.83%	0.00%	10.11%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	2.52%	22.95%	32.74%	0.00%	10.11%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.40%
Common Equity to Total Capital	0.00%	100.00%	0.00%	200.00%	200.00%	97.48%	177.05%	178.17%	300.00%	89.49%
Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	0.22	0.99	0.99	0.00	1.01
Net Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	-5.37	-11.75	-8.41	0.00	-4.44
Long-Term Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	0.22	2.96	1.99	0.00	1.01
Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	0.32	2.38	3.20	0.00	1.46
Net Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	-7.57	-4.72	-9.01	0.00	-6.41
Long-Term Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	0.32	2.38	3.20	0.00	1.46
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.23%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	0.00	-809	0.00	-815	-811	-99	-1,020	-219	-144	-180
Operating Cash Flow to CapEx	279.07%	322.13%	3,045.77%	2,079.57%	0.00%	787.88%	878.28%	974.96%	8,944.00%	4,317.86%
Free Cash Flow to Firm to Interest Expense	0.00	-15.96	0.00	-9.54	-8.89	-10.16	-29.92	-4.10	-2.58	-1.57
Operating Cash Flow to Interest Expense	0.65	0.52	4.57	3.20	0.00	3.51	2.67	1.57	1.71	1.48
Operating Cash Flow Less CapEx to Interest Expense	0.41	0.36	4.27	3.04	0.00	1.53	0.69	1.24	4.95	1.45
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.00	0.06	0.00	0.00	0.00	0.12	0.25	0.09	0.04	0.04
Fixed Asset Turnover	0.00	2.25	0.00	0.00	0.00	1.75	0.00	1.82	5.61	1.91
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	0.00	811	0.00	832	850	926	1,048	1,079	1,008	1,116
Invested Capital Turnover	0.00	1.39	0.00	0.00	0.00	0.53	1.80	1.02	1.06	0.49
Increase / (Decrease) in Invested Capital	0.00	811	0.00	832	850	115	1,048	246	157	190
Enterprise Value (EV)	2,664	897	1,069	348	741	1,457	1,365	1,077	2,930	1,294
Market Capitalization	2,664	1,318	1,069	1,160	1,279	2,016	1,842	1,575	2,132	1,786
Book Value per Share	$0.00	$18.44	$0.00	$18.79	$19.17	$20.29	$20.63	$21.37	$22.38	$22.11
Tangible Book Value per Share	$0.00	$18.44	$0.00	$18.79	$19.17	$20.29	$20.63	$21.37	$22.38	$22.11
Total Capital	0.00	811	0.00	832	850	926	1,048	1,079	1,008	1,116
Total Debt	0.00	0.00	0.00	0.00	0.00	23	120	118	0.00	113
Total Long-Term Debt	0.00	0.00	0.00	0.00	0.00	23	120	118	0.00	113
Net Debt	0.00	-421	0.00	-812	-539	-559	-477	-498	-667	-496
Capital Expenditures (CapEx)	7.40	8.12	10	6.56	0.00	22	21	17	6.41	3.95
Net Nonoperating Expense (NNE)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Nonoperating Obligations (NNO)	0.00	0.00	0.00	0.00	0.00	23	120	118	0.00	113
Total Depreciation and Amortization (D&A)	5.71	5.55	5.36	5.22	0.00	5.28	4.63	5.20	6.17	6.56
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.00	$0.04	$0.00	$0.40	$0.89	$0.37	$0.62	$0.60	$0.28	$0.22
Adjusted Weighted Average Basic Shares Outstanding	0.00	44.15M	0.00	44.36M	44.48M	44.77M	44.97M	45.04M	45.19M	45.57M
Adjusted Diluted Earnings per Share	$0.00	$0.04	$0.00	$0.39	$0.88	$0.36	$0.60	$0.59	$0.28	$0.22
Adjusted Weighted Average Diluted Shares Outstanding	0.00	44.15M	0.00	44.36M	44.48M	44.77M	44.97M	45.04M	45.19M	45.57M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	0.00	44.15M	0.00	44.36M	44.48M	44.77M	44.97M	45.04M	45.19M	45.57M
Normalized Net Operating Profit after Tax (NOPAT)	50	6.41	2.53	18	40	16	15	27	13	9.84
Normalized NOPAT Margin	71.07%	6.11%	4.98%	32.35%	62.52%	27.01%	26.63%	42.98%	20.05%	7.69%
Pre Tax Income Margin	62.70%	0.68%	7.11%	34.99%	67.18%	14.61%	57.07%	57.47%	27.46%	10.33%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	2.78	0.01	0.05	0.22	0.47	0.18	0.65	0.67	0.32	0.11
NOPAT to Interest Expense	2.68	0.04	0.01	0.21	0.87	0.33	0.54	0.50	0.35	0.09
EBIT Less CapEx to Interest Expense	1.16	-0.15	-0.10	0.29	0.94	-0.09	0.03	0.53	0.20	0.08
NOPAT Less CapEx to Interest Expense	2.45	-0.12	-0.29	0.26	0.87	-0.06	0.13	0.18	0.18	0.05
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	2.99%	0.00%	0.00%	0.00%	7.21%	15.86%	0.00%	19.29%	6.98%
Augmented Payout Ratio	0.00%	2.99%	0.00%	0.00%	0.00%	14.41%	15.86%	0.00%	19.29%	6.98%

Frequently Asked Questions About Live Oak Bancshares' Financials

When does Live Oak Bancshares's fiscal year end?

According to the most recent income statement we have on file, Live Oak Bancshares' financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has Live Oak Bancshares' net income changed over the last 10 years?

Live Oak Bancshares' net income appears to be on an upward trend, with a most recent value of $77.42 million in 2024, rising from $10.05 million in 2014. The previous period was $73.90 million in 2023.

How has Live Oak Bancshares revenue changed over the last 10 years?

Over the last 10 years, Live Oak Bancshares' total revenue changed from $74.76 million in 2014 to $499.69 million in 2024, a change of 568.4%.

How much debt does Live Oak Bancshares have?

Live Oak Bancshares' total liabilities were at $11.94 billion at the end of 2024, a 15.2% increase from 2023, and a 1,953.3% increase since 2014.

How much cash does Live Oak Bancshares have?

In the past 10 years, Live Oak Bancshares' cash and equivalents has ranged from $29.90 million in 2014 to $608.80 million in 2024, and is currently $608.80 million as of their latest financial filing in 2024.

How has Live Oak Bancshares' book value per share changed over the last 10 years?

Over the last 10 years, Live Oak Bancshares' book value per share changed from 0.00 in 2014 to 22.11 in 2024, a change of 2,210.8%.

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This page (NASDAQ:LOB) was last updated on 4/25/2025 by MarketBeat.com Staff

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Live Oak Bancshares (LOB) Financials

Frequently Asked Questions About Live Oak Bancshares' Financials

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Live Oak Bancshares (LOB) Financials

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