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Live Oak Bancshares, Inc. Announces Transfer of Listing of Voting Common Stock to the New York Stock Exchange

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WILMINGTON, N.C., Dec. 02, 2022 (GLOBE NEWSWIRE) -- Live Oak Bancshares, Inc. (Nasdaq: LOB) announced today that it is transferring the listing of its voting common stock to the New York Stock Exchange (NYSE) from The Nasdaq Stock Market LLC (Nasdaq). Live Oak Bancshares’ voting common stock will begin trading on the NYSE on December 14, 2022, under its current ticker symbol LOB. Live Oak Bancshares will continue to trade its voting common stock on Nasdaq until the close of the market on December 13, 2022.

“We are pleased to join the NYSE and its prestigious trading platform as we continue on our mission to be America’s small business bank,” said Live Oak Bancshares Chairman and CEO James S. (Chip) Mahan III. “We believe in providing long-term value to our customers and shareholders, and we look forward to leveraging the NYSE platform as we broaden our products and services to our country’s entrepreneurs.”

“We are thrilled to welcome Live Oak Bancshares, the parent company of the nation’s leading small business bank, to the NYSE community of icons and disruptors and look forward to supporting them as they continue to transform how banking is done.” said John Tuttle, Vice Chairman, NYSE Group.

About Live Oak Bancshares
Live Oak Bancshares, Inc. (Nasdaq: LOB) is a financial holding company and parent company of Live Oak Bank. Live Oak Bancshares and its subsidiaries partner with businesses who share a groundbreaking focus on service and technology to redefine banking. To learn more, visit www.liveoakbank.com

Contact:
Claire Parker, SVP of Corporate Communications
910.597.1592
claire.parker@liveoak.bank


Live Oak Bancshares, Inc.

NYSE:LOB

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1.58B
33.70M
24.27%
66.77%
2.16%
Commercial Banking
Finance and Insurance
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United States of America
WILMINGTON

About LOB

member fdic. the live oak story we started live oak bank in 2007 to provide veterinary business loans to small, independent businesspeople looking to expand, remodel, refinance and/or acquire an existing practice. from the beginning, we took a personal approach and saw our clients not as numbers, but as real people facing real-life opportunities and challenges. we offered big bank expertise and experience without big bank attitudes. it worked - for us as well as our clients - and we expanded our veterinary funding programs to serve the needs of private pharmacies and dental offices. today, live oak has clients across america, but we still see each one as an individual entrepreneur who deserves our undivided attention. we're their bank and we take that responsibility very personally. with this philosophy, live oak is now one of the largest originators of small business loans with one of the strongest loan portfolios in the country. we have extensive experience lending to selected niche