Live Oak Bancshares (NYSE: LOB) declares common and preferred dividends

Rhea-AI Filing Summary

Live Oak Bancshares, Inc. reported that its Board of Directors declared two cash dividends on August 19, 2025. The company will pay a cash dividend of $0.03 per share on its Voting Common Stock and a cash dividend of $0.23845 per depositary share of its 8.375% Fixed Rate Series A Non-Cumulative Perpetual Preferred Stock. Both dividends are payable on September 15, 2025 to shareholders of record as of September 2, 2025, meaning investors must be on the books by that date to receive the payments.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): August 19, 2025

LIVE OAK BANCSHARES, INC.

(Exact name of registrant as specified in its charter)

North Carolina

001-37497

26-4596286

(State or other jurisdiction of incorporation)

(Commission File Number)

(IRS Employer Identification No.)

1741 Tiburon Drive,

Wilmington,

NC

28403

(Address of principal executive offices)

(Zip Code)

Registrant’s Telephone Number, Including Area Code: (910) 790-5867

Not Applicable

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐			Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐			Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐			Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐			Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class			Trading Symbol(s)			Name of each exchange on which registered
Voting Common Stock, no par value per share			LOB			New York Stock Exchange LLC
Depositary Shares, Each Representing a 1/40th Interest in a Share of 8.375% Fixed Rate Series A Non-Cumulative Perpetual Preferred Stock, no par value per share			LOB/PA			New York Stock Exchange LLC

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o

Item 8.01. Other Events.

On August 19, 2025, the Board of Directors of Live Oak Bancshares, Inc. (the “Company”) declared a cash dividend of $0.03 per share of Voting Common Stock and a cash dividend of $0.23845 per depositary share of its 8.375% Fixed Rate Series A Non-Cumulative Perpetual Preferred Stock, each such dividend payable on September 15, 2025 to shareholders of record as of September 2, 2025.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

			LIVE OAK BANCSHARES, INC.
Date: August 19, 2025			By:			/s/ Walter J. Phifer
						Walter J. Phifer Chief Financial Officer

FAQ

What dividends did Live Oak Bancshares (LOB) declare in this 8-K?

The Board declared a cash dividend of $0.03 per share on Voting Common Stock and $0.23845 per depositary share of its 8.375% Fixed Rate Series A Non-Cumulative Perpetual Preferred Stock.

What is the record date for Live Oak Bancshares (LOB) dividends?

The record date for both the common and preferred share dividends is September 2, 2025.

When will Live Oak Bancshares (LOB) pay these dividends?

Both the common and preferred dividends are scheduled to be paid on September 15, 2025.

Which Live Oak Bancshares (LOB) securities receive the declared dividends?

The dividends apply to Voting Common Stock and to Depositary Shares, each representing a 1/40th interest in a share of 8.375% Fixed Rate Series A Non-Cumulative Perpetual Preferred Stock.

Who approved the dividends for Live Oak Bancshares (LOB)?

The Board of Directors of Live Oak Bancshares, Inc. approved the cash dividends on August 19, 2025.