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 reported solid first quarter 2026 growth, with some quarterly volatility. Net income attributable to common shareholders was $27.9 million, or $0.60 per diluted share, up sharply from $9.7 million and $0.21 a year earlier, but down from the unusually strong fourth quarter of 2025.
Total revenue was $145.5 million, decreasing 15.9% from the prior quarter, largely because Q4 2025 included a $24.1 million gain from the sale of Apiture, Inc. and a $9.0 million portfolio investment gain, but rising 18.4% year over year. Provision for credit losses was $20.1 million, down both sequentially and versus the prior year.
The loan book and funding base continued to expand. Loan and lease production reached $1.37 billion, total loans and leases grew to $12.59 billion, and deposits rose to $13.84 billion, up 11.6% from a year earlier. Net interest margin was 3.27%, slightly below the fourth quarter but above the first quarter of 2025, while return on average common equity was 9.39%. Management highlighted strong loan production, deposit growth, and a focus on Live Oak Express, business checking, and prudent capital management.
Live Oak Bancshares, Inc. is asking shareholders to vote at its May 19, 2026 annual meeting in Wilmington, NC on ten director elections, a new 2026 Omnibus Stock Incentive Plan, a 2026 Employee Stock Purchase Plan, an advisory say‑on‑pay resolution, and ratification of KPMG LLP as 2026 auditors. The board recommends voting FOR all nominees and proposals 2–5. As of March 20, 2026, 46,239,891 shares of voting common stock were outstanding; insiders and directors as a group held 10,328,280 shares, or 22.4%. In 2025 the company reported total assets of $15.13 billion, loans of $12.39 billion, deposits of $13.69 billion, and net income attributable to common shareholders of $102.8 million, up 32.7% from $77.5 million, with net interest margin rising to 3.30%. The 2025 say‑on‑pay vote received 67.13% support, and the compensation committee describes expanded shareholder outreach and additional disclosure around how it sets cash bonuses and time‑based RSU awards for named executives.
Live Oak Bancshares Inc amended a Schedule 13G/A to report that The Vanguard Group holds 0 shares of Common Stock, representing 0% of the class. The filing notes an internal realignment effective January 12, 2026, after which certain Vanguard subsidiaries report holdings separately.
The amendment is signed by Ashley Grim, Head of Global Fund Administration, on March 27, 2026, and states that Vanguard-managed accounts retain rights to dividends or sale proceeds where applicable.
Live Oak Bancshares Chief Executive Officer James S. Mahan III, through the James S. Mahan Revocable Trust, reported open-market sales of a total of 20,000 shares of Voting Common Stock. The trust sold 10,000 shares at a weighted average price of $32.8280 on one day and 10,000 shares at $32.5041 on the next day under a pre-arranged Rule 10b5-1 trading plan adopted on August 27, 2025. Following these sales, the revocable trust held 2,947,844 shares, and the filing also lists additional indirect holdings in several family and charitable trusts and an LLC.
LOB affiliate reports multiple proposed sales of Common Stock under Form 144. The James S Mahan Rev Trust shows repeated entries of 10,000 shares each sold across dates from 12/12/2025 through 03/11/2026, with per‑trade proceeds listed in the excerpt. The filings identify a brokerage account at Fidelity Brokerage Services LLC.
James S Mahan Rev Trust reported multiple open‑market sales of Common stock. The trust recorded repeated transactions of 10,000 shares executed on several dates between 12/12/2025 and 03/05/2026 with per‑trade cash values shown.
The listing shows individual sale entries with sale dates and cash amounts (for example, 351,337.65 on 12/12/2025 and 354,338.80 on 03/05/2026). These are notices of dispositions under the Form 144 reporting process.
Live Oak Bancshares, Inc. Chief Executive Officer and 10% owner James S. Mahan III reported open-market sales of a total of 20,000 shares of Voting Common Stock on March 4–5. The shares were sold indirectly through the James S. Mahan Revocable Trust at weighted average prices of $36.6872, $35.3735 and $35.8894. After these sales, the revocable trust held 2,967,844 shares of Voting Common Stock indirectly. The filing states that these sales were effected under a Rule 10b5-1 trading plan adopted by the reporting person on August 27, 2025.
Live Oak Bancshares, Inc. filed a Form S-3 shelf registration to register a range of securities for potential future offerings from time to time after the effective date. The registration covers voting common stock, non-voting common stock, preferred stock, depositary shares, debt securities, warrants, units, purchase contracts and rights.
The prospectus states that specific terms, amounts, prices and listing decisions for any offering will be provided in an accompanying prospectus supplement and that offerings may be sold directly or through agents, underwriters or dealers.
James S Mahan Rev Trust reported multiple sales of 10,000 common shares on several dates, with individual proceeds shown for each trade. The filing lists a sequence of 10,000-share sales including $328,114.80 on 12/05/2025 and $418,983.13 on 02/04/2026.