Live Oak Bancshares, Inc. reports news about its role as a financial holding company and parent of Live Oak Bank, a digitally focused, FDIC-insured bank serving customers across the United States without a branch-based model. Company updates commonly cover small-business lending, deposit growth, loan production, credit trends, quarterly earnings and management discussion of business outlook.
Recurring developments also include capital actions such as preferred stock activity and dividends, governance and risk-management appointments, community philanthropy by Live Oak Bank, and completed portfolio or investment actions. The bank’s business centers on lending and deposit services for small businesses, including industry-focused lending and loans supported by SBA and USDA programs.
Live Oak Bancshares (NYSE: LOB) reported third-quarter 2026 net income attributable to common shareholders of $24.3 million, down from both comparison quarters. Diluted earnings were $0.52 per share, versus $0.74 in the second quarter and $0.55 a year earlier. Revenue reached $175.646 million, up 12.5% sequentially and 23.4% year over year, while noninterest expense rose 1.4% and 2.6%, respectively.
Credit-loss provision expense reached $54.7 million, up from $25.8 million sequentially and $22.242 million a year earlier. Live Oak attributed the provision primarily to $17.0 million related to its stressed distillery portfolio and reserves supporting loan growth. Loan and lease production reached $2.134 billion, while deposits grew 6.3% sequentially to $15.468 billion. Net interest margin, measuring net interest income relative to earning assets, fell to 3.30% from 3.33% in both comparison quarters.
Live Oak Bank (LOB) ranked as the nation's top SBA 7(a) lender by dollar amount for the agency's 2026 fiscal year.
The U.S. Small Business Administration's rankings cover the fiscal year ended September 30, 2026. Live Oak approved 2,411 loans under the program during that period, providing more than $2.58 billion to small business owners nationwide.
Live Oak Bancshares (LOB) will report third quarter 2026 financial results after U.S. financial markets close on October 21, 2026.
A conference call covering results and the business outlook is scheduled for October 22, 2026, at 9:00 a.m. ET, accessible by telephone and webcast. A supplementary slide presentation will be posted online before the event, and a replay will be available for 12 months afterward.
Live Oak Bank (LOB) has been named the Official Business Bank of UNCW Athletics under a multi-year agreement, expanding an existing sponsorship relationship.
The deal provides Live Oak with year-round visibility across Seahawk athletics, including men’s and women’s basketball at Trask Coliseum and baseball at Brooks Field. More than 200 UNCW alumni work at the bank, and Live Oak employees mentor, volunteer and participate in Business Week at the Cameron School of Business. The partnership also gives Live Oak an additional platform to reach Wilmington’s small business owners with its business banking and savings products.
Live Oak Bancshares (NYSE: LOB) reported second quarter 2026 net income attributable to common shareholders of $34.7 million, or $0.74 diluted EPS. Total revenue (net interest income plus noninterest income) was $156.1 million, up 7.3% from 1Q 2026 and 11.8% from 2Q 2025.
Net interest income rose to $125.3 million, increasing 5.0% sequentially and 14.8% year over year, with net interest margin expanding to 3.33%. Noninterest expense declined 0.9% versus 1Q 2026 and 0.8% versus 2Q 2025, driving a 19.0% sequential and 31.5% year-over-year increase in pre-provision net revenue. Provision for credit losses was $25.8 million, up $5.7 million from 1Q 2026 and $2.5 million from 2Q 2025. Loan and lease production reached $1.55 billion, while total loans and leases grew to $13.14 billion, deposits to $14.55 billion, and total assets to $16.04 billion as of June 30, 2026.
Live Oak Bancshares (NYSE: LOB) will report its second quarter 2026 financial results after U.S. markets close on Wednesday, July 22, 2026. A conference call to review results and business outlook is scheduled for Thursday, July 23, 2026 at 9:00 a.m. ET, with telephone and webcast access and a 12‑month replay.
Live Oak Bank (LOB) appointed Matthew S. Diffley as Chief Accounting Officer, overseeing financial reporting, accounting policy, general ledger operations and SOX compliance. Diffley brings 20+ years of finance and accounting leadership at public banking institutions, experience with asset growth from $5 billion to $21 billion, and is a Certified Public Accountant.
Live Oak Bank (NASDAQ:LOB) is providing $33 million in construction financing to Aligned Climate Capital for two Delaware community solar projects within Aligned Solar Partners 6.
The 11.8 MWdc Rifle Range Solar and Delaware Avenue Solar sites are expected to produce 18.2 million kWh annually, serving about 1,661 homes, avoiding ~11,100 metric tons of CO2 per year and delivering roughly $9 million in lifetime customer savings.
The projects qualify for federal Investment Tax Credits, including a 10% bonus for the Delaware Avenue site’s Energy Community location, and are expected to support about 141 construction and installation jobs.
Live Oak Bank (NASDAQ:LOB) highlighted the first-year impact of its five-year, $1 million grant to The Forward Fund, a pay-it-forward workforce training fund in North Carolina.
Year one results include $2.3 million in loans to 270+ individuals, eight training partnerships, and average post-program salaries above $45,000.
Live Oak Bancshares (NYSE: LOB) reported 1Q 2026 net income $27.9M or $0.60 diluted EPS. Key metrics: loan production $1.37B, total assets $15.30B (+12.5% YoY), deposits $13.84B (+11.6% YoY). Revenue was $145.5M, down 15.9% QoQ but up 18.4% YoY; provision expense was $20.1M. Management highlighted loan and deposit growth and continued focus on Live Oak Express and business checking.