[8-K] Live Oak Bancshares, Inc. Reports Material Event

Rhea-AI Filing Summary

Live Oak Bancshares, Inc. announced that its board of directors declared a cash dividend of $0.03 per share on its Voting Common Stock. The company also declared a cash dividend of $0.52344 per depositary share of its 8.375% Fixed Rate Series A Non-Cumulative Perpetual Preferred Stock. Both dividends are payable on December 15, 2025 to shareholders of record as of December 2, 2025, providing scheduled cash returns to common and preferred investors.

Insights

Banking dividends analyst

Live Oak Bancshares declares regular cash dividends on common and preferred shares.

Live Oak Bancshares (LOB) declared a cash dividend of $0.03 per share on its Voting Common Stock. It also declared a cash dividend of $0.52344 per depositary share of its 8.375% Fixed Rate Series A Non-Cumulative Perpetual Preferred Stock. These actions reflect a continuing policy of returning some capital to shareholders.

The preferred dividend level is tied to the stated 8.375% fixed rate, while the common dividend is a smaller per-share amount. Because the disclosure focuses only on dividend amounts and record and payment dates, it does not provide detail on payout ratios or how the dividends compare with earnings or capital levels.

Investors can note the record date of December 2, 2025 and the payment date of December 15, 2025 as the key timing for when these dividends will be recognized and paid to eligible shareholders.

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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): November 18, 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 November 18, 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 $0.52344 per depositary share of its 8.375% Fixed Rate Series A Non-Cumulative Perpetual Preferred Stock, each such dividend payable on December 15, 2025 to shareholders of record as of December 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: November 18, 2025			By:			/s/ Walter J. Phifer
						Walter J. Phifer Chief Financial Officer

FAQ

What dividend did Live Oak Bancshares (LOB) declare on its common stock?

Live Oak Bancshares declared a cash dividend of $0.03 per share on its Voting Common Stock, payable on December 15, 2025 to shareholders of record as of December 2, 2025.

What dividend did Live Oak Bancshares (LOB) declare on its Series A preferred depositary shares?

The company declared a cash dividend of $0.52344 per depositary share of its 8.375% Fixed Rate Series A Non-Cumulative Perpetual Preferred Stock, payable on December 15, 2025 to shareholders of record as of December 2, 2025.

When is the record date for the newly declared Live Oak Bancshares dividends?

The record date for both the common stock and Series A preferred depositary share dividends is December 2, 2025.

When will Live Oak Bancshares pay the declared dividends?

Both the common stock dividend and the Series A preferred depositary share dividend are scheduled to be paid on December 15, 2025.

Which securities of Live Oak Bancshares are listed on the New York Stock Exchange?

The company lists its Voting Common Stock (ticker LOB) and its Depositary Shares representing 1/40th interest in a share of 8.375% Series A Preferred Stock (ticker LOB/PA) on the New York Stock Exchange.

Is the Series A preferred stock of Live Oak Bancshares cumulative or non-cumulative?

The Series A preferred stock associated with the depositary shares is described as Non-Cumulative Perpetual Preferred Stock with a fixed rate of 8.375%.