Welcome to our dedicated page for Live Oak Bancshares SEC filings (Ticker: LOB), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Live Oak Bancshares, Inc. filings document the regulatory record of a financial holding company whose principal subsidiary is Live Oak Bank. The company’s 8-K reports cover operating results and financial condition, dividend declarations on Voting Common Stock and Series A preferred depositary shares, executive compensation actions, equity awards, and risk-management leadership changes.
Proxy materials describe governance matters, executive compensation, equity-award disclosure and shareholder voting items. Other filings include Form 12b-25 filing-status notices and capital-structure references to common stock and the company’s 8.375% Fixed Rate Series A Non-Cumulative Perpetual Preferred Stock.
Live Oak Bancshares (NYSE: LOB) filed a preliminary 424(b)(5) prospectus to issue an unspecified number of depositary shares, each representing 1/40th of a new Series A Fixed-Rate Non-Cumulative Perpetual Preferred share (liquidation value $25 per depositary share, $1,000 per preferred share). Dividends are discretionary, non-cumulative and paid quarterly beginning 15 Sep 2025; the preferred becomes callable on any dividend date from 15 Sep 2030, or sooner upon a regulatory-capital event, at $25 plus declared dividends. The preferred ranks senior to common stock, has no voting rights except for customary protective provisions, and is expected to list on NYSE as “LOB PR A.” Net proceeds (≈gross less underwriting discount/expenses) will strengthen regulatory capital and support balance-sheet growth; underwriters hold a 30-day over-allotment option.
Management released unaudited 2Q 25 highlights: revenue $143.7 m (+14% QoQ), net income $23.4 m (+141% QoQ), EPS $0.51, provision expense down 20% to $23.3 m, and non-interest expense up 6% to $89.3 m. Loans originated rose 9% to $1.53 bn; total assets reached $13.83 bn and deposits $12.59 bn. Regulatory capital at 31 Mar 25 stood at CET1/Tier 1 10.67% and leverage 8.03%; the offering will boost Tier 1 capital classification (Additional Tier 1) subject to Federal Reserve approval.