Live Oak Bancshares Company Profile (NASDAQ:LOB)

About Live Oak Bancshares (NASDAQ:LOB)

Live Oak Bancshares, Inc. is a bank holding company. The Company conducts business operations primarily through its commercial bank subsidiary, Live Oak Banking Company (the Bank). The Bank specializes in providing lending services to small businesses nationwide in targeted industries. The loans originated by the Bank are guaranteed by the small business administration (SBA). The Company's loan portfolio includes commercial and industrial loans; construction and development loans; commercial real estate, and commercial land. The Company's investment securities include the United States Government agencies, residential mortgage-backed securities and mutual fund. The Company's deposits include non-interest-bearing deposits and interest-bearing deposits, such as interest-bearing checking, money market and time deposits.

Industry, Sector and Symbol:

Sector: Financials
Industry: Commercial Banks
Sub-Industry: N/A
Symbol: NASDAQ:LOB
CUSIP: N/A
Web: www.liveoakbank.com

Capitalization:

Market Cap: $846.14 million
Outstanding Shares: 29,884,000

Average Prices:

50 Day Moving Avg: $24.77
200 Day Moving Avg: $22.96
52 Week Range: $12.68 - $26.05

P/E:

Trailing P/E Ratio: 56.73
Foreward P/E Ratio: 19.10
P/E Growth: 0.00

Sales & Book Value:

Annual Revenue: $133.84 million
Price / Sales: 5.46
Book Value: $6.54 per share
Price / Book: 3.74

Dividend:

Annual Dividend: $0.08
Dividend Yield: 0.3%

Profitability:

Net Margins: 14.77%
Return on Equity: 10.92%
Return on Assets: 1.33%

Debt:

Debt-to-Equity Ratio: 0.12%
Current Ratio: 1.00%
Quick Ratio: 0.69%

Misc:

Average Volume: 83,140 shs.
Beta: -0.16
Short Ratio: 25.92

Frequently Asked Questions for Live Oak Bancshares (NASDAQ:LOB)

What is Live Oak Bancshares' stock symbol?

Live Oak Bancshares trades on the NASDAQ under the ticker symbol "LOB."

How often does Live Oak Bancshares pay dividends? What is the dividend yield for Live Oak Bancshares?

Live Oak Bancshares announced a quarterly dividend on Wednesday, May 10th. Stockholders of record on Tuesday, May 23rd will be paid a dividend of $0.02 per share on Tuesday, June 6th. This represents a $0.08 annualized dividend and a dividend yield of 0.33%. The ex-dividend date is Friday, May 19th. View Live Oak Bancshares' Dividend History.

How were Live Oak Bancshares' earnings last quarter?

Live Oak Bancshares Inc (NASDAQ:LOB) issued its quarterly earnings data on Wednesday, July, 26th. The company reported $0.28 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.24 by $0.05. Live Oak Bancshares had a return on equity of 10.92% and a net margin of 14.77%. View Live Oak Bancshares' Earnings History.

Where is Live Oak Bancshares' stock going? Where will Live Oak Bancshares' stock price be in 2017?

1 brokerages have issued 12 month target prices for Live Oak Bancshares' stock. Their forecasts range from $15.00 to $15.00. On average, they anticipate Live Oak Bancshares' share price to reach $15.00 in the next twelve months. View Analyst Ratings for Live Oak Bancshares.

Who are some of Live Oak Bancshares' key competitors?

Some companies that are related to Live Oak Bancshares include Independent Bank Group (IBTX), Provident Financial Services (PFS), Pacific Premier Bancorp (PPBI), S&T Bancorp (STBA), 1st Source Corporation (SRCE), Heartland Financial USA (HTLF), CPB (CPF), Enterprise Financial Services Corporation (EFSC), Washington Trust Bancorp (WASH), Lakeland Bancorp (LBAI), Opus Bank (OPB), OceanFirst Financial Corp. (OCFC), Stock Yards Bancorp (SYBT), TriCo Bancshares (TCBK), Univest Corporation of Pennsylvania (UVSP), German American Bancorp (GABC), Heritage Financial Corporation (HFWA) and Green Bancorp (GNBC).

Who are Live Oak Bancshares' key executives?

Live Oak Bancshares' management team includes the folowing people:

James S. Mahan III, Chairman of the Board, Chief Executive Officer
Neil Lawrence Underwood, President, Director
William L. Williams, Vice Chairman of the Board
S. Brett Caines, Chief Financial Officer
J. Wesley Sutherland, Chief Accounting Officer
David G. Lucht, Chief Risk Officer, Director
J. William Holt III, Chief Revenue Officer
William H. Cameron, Director
Diane Beth Glossman, Director
Glen F Hoffsis, Director

When did Live Oak Bancshares IPO?

(LOB) raised $68 million in an IPO on Thursday, July 23rd 2015. The company issued 4,000,000 shares at a price of $16.00-$18.00 per share. Sandler O�Neill & Partners, L.P acted as the underwriter for the IPO and Keefe Bruyette & Woods (A Stifle Company) and SunTrust Robinson Humphrey were co-managers.

Who owns Live Oak Bancshares stock?

Live Oak Bancshares' stock is owned by many different of retail and institutional investors. Top institutional investors include Carroll Financial Associates Inc. (0.29%), Capital Impact Advisors LLC (0.15%), Spark Investment Management LLC (0.08%), Sheets Smith Wealth Management (0.03%), Profit Investment Management LLC (0.03%) and US Bancorp DE (0.01%). Company insiders that own Live Oak Bancshares stock include David G Lucht, Diane Beth Glossman, Don Jackson, Gregory W Seward, William Henderson Cameron and William L Williams III. View Institutional Ownership Trends for Live Oak Bancshares.

Who sold Live Oak Bancshares stock? Who is selling Live Oak Bancshares stock?

Live Oak Bancshares' stock was sold by a variety of institutional investors in the last quarter, including Carroll Financial Associates Inc., Capital Impact Advisors LLC and Sheets Smith Wealth Management. View Insider Buying and Selling for Live Oak Bancshares.

Who bought Live Oak Bancshares stock? Who is buying Live Oak Bancshares stock?

Live Oak Bancshares' stock was bought by a variety of institutional investors in the last quarter, including Spark Investment Management LLC and Profit Investment Management LLC. Company insiders that have bought Live Oak Bancshares stock in the last two years include David G Lucht, Diane Beth Glossman, Don Jackson, Gregory W Seward, William Henderson Cameron and William L Williams III. View Insider Buying and Selling for Live Oak Bancshares.

How do I buy Live Oak Bancshares stock?

Shares of Live Oak Bancshares can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Live Oak Bancshares' stock price today?

One share of Live Oak Bancshares stock can currently be purchased for approximately $24.45.

MarketBeat Community Rating for Live Oak Bancshares (NASDAQ LOB)

Community Ranking:		1.8 out of 5 ()
Outperform Votes:		47 (Vote Outperform)
Underperform Votes:		84 (Vote Underperform)
Total Votes:		131

MarketBeat's community ratings are surveys of what our community members think about Live Oak Bancshares and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Consensus Ratings for Live Oak Bancshares (NASDAQ:LOB) (How are Consensus Ratings Calculated?)

Ratings Breakdown:	1 Buy Rating
Consensus Rating:	Buy (Score: 3.00)
Consensus Price Target:	$15.00 (38.65% downside)

Analysts' Ratings History for Live Oak Bancshares (NASDAQ:LOB)

Show:

Date	Firm	Action	Rating	Price Target	Impact on Share Price
7/29/2016	Keefe, Bruyette & Woods	Lower Price Target	Outperform	$18.00 -> $15.00	N/A
6/2/2016	Sandler O'Neill	Downgrade	Buy -> Hold		N/A
1/29/2016	SunTrust Banks, Inc.	Upgrade	Neutral -> Buy		N/A

(Data available from 7/28/2015 forward)

Earnings History for Live Oak Bancshares (NASDAQ:LOB)

Earnings by Quarter for Live Oak Bancshares (NASDAQ:LOB)

Earnings History by Quarter for Live Oak Bancshares (NASDAQ LOB)

Date	Quarter	Consensus Estimate	Actual EPS	Revenue Estimate	Actual Revenue	Release Link	Conference Call
7/26/2017	Q2 2017	$0.24	$0.28			View	N/A
4/26/2017	Q1 2017	$0.16	$0.17	$38.78 million	$41.39 million	View	N/A
1/25/2017	Q4 2016	$0.11	$0.17	$38.58 million	$38.72 million	View	Listen
10/26/2016	Q3	$0.07	$0.10	$32.81 million	$37.06 million	View	Listen
7/27/2016	Q2	$0.19	$0.11	$36.36 million	$29.27 million	View	Listen
4/27/2016	Q1	$0.14	$0.13	$32.17 million	$31.14 million	View	Listen
1/27/2016	Q4	$0.12	$0.16	$27.09 million	$32.84 million	View	Listen
9/3/2015	Q2 2015	$0.14	$0.13	$24.70 million	$23.55 million	View	N/A

(Data available from 1/1/2011 forward)

Earnings Estimates for Live Oak Bancshares (NASDAQ:LOB)

Current Year EPS Consensus Estimate: $1.00 EPS
Next Year EPS Consensus Estimate: $1.28 EPS

Current Dividend Information for Live Oak Bancshares (NASDAQ:LOB)

Most Recent Dividend:	6/6/2017
Annual Dividend:	$0.08
Dividend Yield:	0.33%
Payout Ratio:	18.61% (Trailing 12 Months of Earnings) 8.00% (Based on This Year's Estimates) 6.25% (Based on Next Year's Estimates)

Dividend Payments by Quarter for Live Oak Bancshares (NASDAQ:LOB)

Dividend History by Quarter for Live Oak Bancshares (NASDAQ LOB)

Announced	Period	Amount	Yield	Ex-Dividend Date	Record Date	Payable Date
5/10/2017	Quarterly	$0.02	0.31%	5/19/2017	5/23/2017	6/6/2017
2/27/2017	Quarterly	$0.02	0.35%	3/8/2017	3/10/2017	3/24/2017
12/1/2016	Quarterly	$0.02	0.47%	12/12/2016	12/14/2016	12/22/2016
8/22/2016	quarterly	$0.02	0.59%	8/30/2016	9/1/2016	9/16/2016
5/25/2016	quarterly	$0.01	0.25%	6/3/2016	6/7/2016	6/21/2016
2/18/2016	quarterly	$0.02	0.58%	2/26/2016	3/1/2016	3/15/2016
12/21/2015	quarterly	$0.01	0.29%	12/28/2015	12/30/2015	1/15/2016
9/15/2015	special	$0.01		9/23/2015	9/25/2015	10/9/2015

(Data available from 1/1/2013 forward)

Insider Trading and Institutional Ownership History for Live Oak Bancshares (NASDAQ:LOB)

Insider Ownership Percentage: 30.10%
Institutional Ownership Percentage: 36.00%

Institutional Ownership by Quarter for Live Oak Bancshares (NASDAQ:LOB)

Insider Trades by Quarter for Live Oak Bancshares (NASDAQ:LOB)

Transaction Date	Insider Name	Title	Buy/Sell	Number of Shares	Average Share Price	Total Transaction
2/2/2017	William Henderson Cameron	Director	Buy	10,000	$20.30	$203,000.00
1/31/2017	William L Williams III	Vice Chairman	Buy	50,000	$20.34	$1,017,000.00
12/8/2015	Don Jackson	Director	Buy	33,610	$14.01	$470,876.10
12/4/2015	Don Jackson	Director	Buy	20,221	$14.54	$294,013.34
11/20/2015	William L Williams III	EVP	Buy	14,000	$15.28	$213,920.00
11/9/2015	Gregory W Seward	General Counsel	Buy	10,000	$14.80	$148,000.00
11/9/2015	William Henderson Cameron	Director	Buy	2,000	$14.66	$29,320.00
10/30/2015	Diane Beth Glossman	Director	Buy	4,000	$14.50	$58,000.00
10/29/2015	William Henderson Cameron	Director	Buy	2,000	$14.67	$29,340.00
10/26/2015	David G. Lucht	insider	Buy	10,000	$16.32	$163,200.00
7/23/2015	S. Brett Caines	CFO	Buy	8,200	$17.00	$139,400.00
7/23/2015	William Henderson Cameron	Director	Buy	15,000	$17.00	$255,000.00

(Data available from 1/1/2013 forward)

Headline Trends for Live Oak Bancshares (NASDAQ:LOB) Latest Headlines for Live Oak Bancshares (NASDAQ:LOB)

Source:

Date	Headline
	Investor Network: Live Oak Bancshares, Inc. to Host Earnings Call finance.yahoo.com - July 28 at 2:30 AM
	Edited Transcript of LOB earnings conference call or presentation 27-Jul-17 1:00pm GMT finance.yahoo.com - July 28 at 2:30 AM
	Live Oak Bancshares Inc (NASDAQ:LOB) Issues Earnings Results, Beats Estimates By $0.04 EPS www.americanbankingnews.com - July 28 at 12:21 AM
	Live Oak Bancshares, Inc. Reports Second Quarter 2017 Results finance.yahoo.com - July 27 at 4:03 AM
	Live Oak Bancshares, Inc. (LOB) Upgraded by TheStreet to "B-" www.americanbankingnews.com - July 26 at 8:39 PM
	Live Oak Bancshares, Inc. – Value Analysis (NASDAQ:LOB) : July 12, 2017 finance.yahoo.com - July 13 at 6:28 AM
	Live Oak Bancshares, Inc. Announces Date of Second Quarter 2017 Financial Results finance.yahoo.com - July 13 at 6:28 AM
	Live Oak Bancshares, Inc. breached its 50 day moving average in a Bearish Manner : LOB-US : July 11, 2017 finance.yahoo.com - July 12 at 2:29 AM
	Live Oak Bancshares, Inc. (NASDAQ:LOB) Receives Average Rating of "Strong Buy" from Brokerages www.americanbankingnews.com - July 5 at 8:04 AM
	Live Oak Bancshares, Inc. breached its 50 day moving average in a Bearish Manner : LOB-US : June 26, 2017 finance.yahoo.com - June 26 at 9:22 AM
	Live Oak Bancshares, Inc. (LOB) Stock Rating Lowered by Zacks Investment Research www.americanbankingnews.com - June 17 at 7:24 AM
	ETFs with exposure to Live Oak Bancshares, Inc. : June 13, 2017 finance.yahoo.com - June 13 at 6:20 PM
	2015 IPO Bank Stock Remains Just Within Buy Zone finance.yahoo.com - June 12 at 3:38 PM
	Live Oak Bancshares Inc (LOB) Stock Rating Lowered by Zacks Investment Research www.americanbankingnews.com - June 11 at 9:38 AM
	Live Oak Bancshares Inc (LOB) Upgraded to "Buy" by Zacks Investment Research www.americanbankingnews.com - June 10 at 7:26 AM
	ETFs with exposure to Live Oak Bancshares, Inc. : June 1, 2017 finance.yahoo.com - June 1 at 7:09 PM
	Live Oak Bancshares, Inc. :LOB-US: Earnings Analysis: Q1, 2017 By the Numbers : May 31, 2017 finance.yahoo.com - May 31 at 6:45 PM
	Live Oak Bancshares, Inc. : LOB-US: Dividend Analysis : May 23rd, 2017 (record date) : By the numbers : May 23, 2017 finance.yahoo.com - May 23 at 5:53 PM
	Live Oak Bancshares Inc (LOB) Short Interest Update www.americanbankingnews.com - May 15 at 4:24 PM
	Live Oak Bancshares Inc (LOB) Stock Rating Upgraded by Zacks Investment Research www.americanbankingnews.com - May 13 at 10:24 AM
	Live Oak Bancshares Inc Declares Quarterly Dividend of $0.02 (lob) www.americanbankingnews.com - May 11 at 12:50 PM
	BRIEF-Live Oak Bancshares says to form new JV with First Data Corp www.reuters.com - May 10 at 10:58 PM
	Live Oak Bancshares (LOB) Getting Favorable Press Coverage, Report Shows www.americanbankingnews.com - May 3 at 2:36 PM
	Live Oak Bank seeks fintech entrepreneurs finance.yahoo.com - May 2 at 4:33 PM
	Live Oak Bancshares (LOB) Earning Positive Media Coverage, AlphaOne Reports www.americanbankingnews.com - April 30 at 8:26 AM
	Live Oak Bancshares' (LOB) CEO Chip Mahan on Q1 2017 Results - Earnings Call Transcript seekingalpha.com - April 29 at 11:52 PM
	Live Oak Bancshares (LOB) Earning Favorable Media Coverage, Study Shows www.americanbankingnews.com - April 28 at 12:20 AM
	Live Oak Bancshares Inc (LOB) Issues Earnings Results www.americanbankingnews.com - April 27 at 11:58 PM
	Edited Transcript of LOB earnings conference call or presentation 27-Apr-17 1:00pm GMT finance.yahoo.com - April 27 at 11:55 PM
	Zacks: Live Oak Bancshares Inc (LOB) Given $23.00 Average Price Target by Brokerages www.americanbankingnews.com - April 27 at 7:38 PM
	Two Tampa title agencies sell for $16M finance.yahoo.com - April 27 at 6:53 PM
	Live Oak Bancshares, Inc. Reports First Quarter 2017 Results www.marketwatch.com - April 26 at 6:59 PM
	Live Oak Bancshares posts 1Q profit marketbeat.com - April 26 at 6:09 PM
	Live Oak Bancshares, Inc. breached its 50 day moving average in a Bullish Manner : LOB-US : April 25, 2017 finance.yahoo.com - April 25 at 9:22 AM
	Live Oak Bancshares (LOB) Earning Positive Media Coverage, Study Finds www.americanbankingnews.com - April 21 at 12:14 AM
	Live Oak Bancshares (LOB) Earning Positive Press Coverage, Study Shows www.americanbankingnews.com - April 16 at 12:37 PM
	LIVE OAK BANCSHARES, INC. Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhibits biz.yahoo.com - April 4 at 8:33 AM
	Yadkin's Custer joins Wilmington's Live Oak Bank www.bizjournals.com - April 4 at 8:33 AM
	Live Oak Bancshares Inc (LOB) Receives Average Recommendation of "Buy" from Brokerages www.americanbankingnews.com - April 4 at 12:46 AM
	Live Oak Bancshares Inc (LOB) Downgraded by Zacks Investment Research to Hold www.americanbankingnews.com - March 26 at 5:28 PM
	Zacks: Analysts Set $23.00 Target Price for Live Oak Bancshares Inc (LOB) www.americanbankingnews.com - March 9 at 3:39 PM
	Live Oak Bancshares goes ex-dividend tomorrow seekingalpha.com - March 7 at 6:04 PM
	LIVE OAK BANCSHARES, INC. Files SEC form 8-K, Other Events biz.yahoo.com - February 24 at 7:34 PM
	LIVE OAK BANCSHARES, INC. Files SEC form 8-K, Change in Directors or Principal Officers biz.yahoo.com - February 23 at 6:20 PM
	Live Oak Bancshares (LOB) Shares March Higher, Can It Continue? finance.yahoo.com - February 10 at 5:21 AM
	Strong Growth Of Live Oak Bancshares Likely To Fuel Bullish Momentum seekingalpha.com - February 9 at 7:19 PM
	LOB: Insiders Vs. Shorts www.thestreet.com - February 8 at 5:42 AM
	Live Oak Bank plots job growth in Wilmington www.bizjournals.com - February 2 at 7:03 PM
	Edited Transcript of LOB earnings conference call or presentation 26-Jan-17 2:00pm GMT finance.yahoo.com - January 27 at 1:07 AM
	BRIEF-Live Oak Bancshares reports Q4 earnings per share $0.16 www.reuters.com - January 26 at 12:46 AM