Live Oak Bancshares (LOB) Financials

$26.92 -1.26 (-4.46%)

Closing price 05/21/2025 03:59 PM Eastern

Extended Trading

$26.87 -0.04 (-0.17%)

As of 05/21/2025 05:58 PM Eastern

Annual Income Statements for Live Oak Bancshares

This table shows Live Oak Bancshares' income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016	12/31/2015	12/31/2014
Net Income / (Loss) Attributable to Common Shareholders	77	74	176	167	60	18	51	100	14	21	10
Consolidated Net Income / (Loss)	77	74	176	167	60	18	51	100	14	21	10
Net Income / (Loss) Continuing Operations	77	74	176	167	60	18	51	100	14	21	10
Total Pre-Tax Income	89	83	210	211	47	23	46	98	17	34	17
Total Revenue	500	457	565	457	281	204	204	251	136	110	75
Net Interest Income / (Expense)	376	345	328	297	195	140	108	78	43	26	15
Total Interest Income	812	688	444	361	288	228	163	103	57	34	21
Loans and Leases Interest Income	745	624	419	348	271	208	147	100	55	33	20
Investment Securities Interest Income	38	33	20	13	15	15	8.73	1.43	1.13	0.81	0.46
Other Interest Income	29	31	6.26	0.94	2.62	4.80	6.60	2.41	1.03	0.30	0.16
Total Interest Expense	436	343	117	64	94	88	55	25	15	8.86	5.85
Deposits Interest Expense	431	340	115	60	90	88	54	24	14	7.38	4.73
Long-Term Debt Interest Expense	5.58	2.76	1.94	4.69	3.96	0.00	0.13	1.22	0.96	1.48	1.12
Total Non-Interest Income	124	112	238	160	86	64	96	173	94	84	60
Other Service Charges	73	61	53	47	47	38	40	38	27	19	15
Net Realized & Unrealized Capital Gains on Investments	41	41	175	103	29	16	49	133	67	65	45
Other Non-Interest Income	9.76	10	10	10	11	9.66	7.97	1.86	0.00	-	-
Provision for Credit Losses	96	51	41	15	41	15	5.56	9.54	13	3.81	2.79
Total Non-Interest Expense	314	323	314	231	193	165	153	143	106	72	55
Salaries and Employee Benefits	183	175	171	125	113	91	77	75	63	40	29
Net Occupancy & Equipment Expense	58	55	55	46	51	34	33	22	12	9.18	6.08
Marketing Expense	21	21	19	11	6.96	13	15	14	13	12	8.71
Property & Liability Insurance Claims	11	17	9.76	7.07	7.47	3.45	3.23	3.21	1.42	0.51	-
Other Operating Expenses	41	40	44	39	15	24	21	24	14	9.99	11
Impairment Charge	0.53	15	16	3.19	0.00	0.60	2.68	4.34	3.20	0.00	0.00
Income Tax Expense	12	8.93	34	44	-12	5.43	-5.40	-2.25	3.44	14	7.39
Net Income / (Loss) Attributable to Noncontrolling Interest	-0.06	0.00	0.00	-	-	-	-	-	-0.01	-0.02	0.00
Basic Earnings per Share	$1.72	$1.67	$4.02	$3.87	$1.46	$0.45	$1.28	$2.75	$0.40	$0.66	$0.42
Weighted Average Basic Shares Outstanding	45.57M	44.77M	44.15M	-	-	-	-	-	-	-	-
Diluted Earnings per Share	$1.69	$1.64	$3.92	$3.71	$1.43	$0.44	$1.24	$2.65	$0.39	$0.65	$0.41
Weighted Average Diluted Shares Outstanding	45.57M	44.77M	44.15M	-	-	-	-	-	-	-	-
Weighted Average Basic & Diluted Shares Outstanding	45.57M	44.77M	44.15M	-	-	-	-	-	-	-	-
Cash Dividends to Common per Share	$0.12	$0.12	$0.12	$0.12	$0.12	$0.12	$0.12	$0.10	$0.07	-	-

This table shows Live Oak Bancshares' income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Income / (Loss) Attributable to Common Shareholders	9.72	9.90	13	27	28	16	40	18	0.40	1.79	43
Consolidated Net Income / (Loss)	9.67	9.84	13	27	28	16	40	18	0.40	1.79	43
Net Income / (Loss) Continuing Operations	9.67	9.84	13	27	28	16	40	18	0.40	1.79	43
Total Pre-Tax Income	13	13	18	36	22	17	43	19	3.61	0.72	44
Total Revenue	126	128	130	125	116	120	127	108	102	105	142
Net Interest Income / (Expense)	101	97	97	91	90	90	89	84	82	86	84
Total Interest Income	213	213	209	198	192	187	181	170	151	137	116
Loans and Leases Interest Income	196	195	192	182	176	170	163	152	139	127	108
Investment Securities Interest Income	11	10	9.75	9.22	8.95	8.75	8.70	8.50	7.55	6.72	5.51
Other Interest Income	6.40	7.26	7.02	7.39	7.46	8.26	9.19	8.85	4.82	2.58	2.45
Total Interest Expense	113	115	112	107	102	97	91	85	69	51	32
Deposits Interest Expense	111	113	110	105	102	97	91	85	68	50	32
Long-Term Debt Interest Expense	1.69	1.74	1.76	1.77	0.31	0.27	0.29	0.41	1.80	0.35	0.40
Total Non-Interest Income	26	31	33	34	26	30	38	24	20	19	58
Other Service Charges	12	15	16	22	21	19	14	14	14	15	13
Net Realized & Unrealized Capital Gains on Investments	11	13	14	10	2.99	8.41	22	7.77	3.13	1.97	42
Other Non-Interest Income	2.57	2.46	2.42	2.42	2.45	2.44	2.50	2.54	2.54	2.56	2.52
Provision for Credit Losses	29	34	35	12	16	9.00	10	13	19	20	14
Total Non-Interest Expense	84	81	78	78	78	93	74	76	79	85	83
Salaries and Employee Benefits	48	45	45	46	47	44	43	43	45	43	43
Net Occupancy & Equipment Expense	16	16	15	14	13	14	14	14	13	16	14
Marketing Expense	6.46	4.61	4.82	5.33	6.13	4.05	5.64	5.78	6.01	5.76	4.99
Property & Liability Insurance Claims	3.55	3.05	1.93	2.65	3.20	4.09	4.12	5.06	3.40	2.92	2.70
Other Operating Expenses	10	12	11	9.53	8.09	12	8.03	8.32	11	8.82	10
Income Tax Expense	3.46	3.39	4.82	9.10	-5.48	1.32	2.97	1.43	3.22	-1.08	1.53
Net Income / (Loss) Attributable to Noncontrolling Interest	-0.05	-	-	-	-	-	-	-	-	-	-
Basic Earnings per Share	$0.21	$0.22	$0.28	$0.60	$0.62	$0.37	$0.89	$0.40	$0.01	$0.04	$0.97
Weighted Average Basic Shares Outstanding	45.61M	45.57M	45.19M	45.04M	44.97M	44.77M	44.48M	44.36M	-	44.15M	-
Diluted Earnings per Share	$0.21	$0.22	$0.28	$0.59	$0.60	$0.36	$0.88	$0.39	$0.01	$0.04	$0.96
Weighted Average Diluted Shares Outstanding	45.61M	45.57M	45.19M	45.04M	44.97M	44.77M	44.48M	44.36M	-	44.15M	-
Weighted Average Basic & Diluted Shares Outstanding	45.61M	45.57M	45.19M	45.04M	44.97M	44.77M	44.48M	44.36M	-	44.15M	-
Cash Dividends to Common per Share	$0.03	-	$0.03	$0.03	$0.03	-	$0.03	$0.03	$0.03	-	$0.03

This table details how cash moves in and out of Live Oak Bancshares' business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016	12/31/2015	12/31/2014
Net Change in Cash & Equivalents	26	166	213	-115	97	-98	24	57	135	73	-7.34
Net Cash From Operating Activities	536	620	124	-120	-261	-483	6.29	-288	-222	-335	-262
Net Cash From Continuing Operating Activities	536	620	124	-120	-261	-483	6.29	-288	-222	-335	-262
Net Income / (Loss) Continuing Operations	77	74	176	167	60	18	51	100	14	21	10
Consolidated Net Income / (Loss)	77	74	176	167	60	18	51	100	14	21	10
Provision For Loan Losses	96	51	41	15	41	15	5.56	9.54	13	3.81	2.79
Depreciation Expense	23	21	21	21	22	20	16	10	4.26	3.44	2.16
Amortization Expense	-0.72	0.01	3.42	6.46	3.36	0.51	0.80	0.46	3.10	3.21	-0.61
Non-Cash Adjustments to Reconcile Net Income	335	456	-102	-332	-325	-567	-57	-382	-240	-358	-266
Changes in Operating Assets and Liabilities, net	5.73	17	-15	2.10	-61	31	-11	-26	-15	-7.28	-9.45
Net Cash From Investing Activities	-2,079	-1,775	-1,442	-150	-2,619	-685	-845	-535	-320	60	18
Net Cash From Continuing Investing Activities	-2,079	-1,775	-1,442	-150	-2,619	-685	-845	-535	-320	60	18
Purchase of Property, Leasehold Improvements and Equipment	-49	-47	-44	-3.08	-21	-37	-111	-124	-11	-30	-14
Purchase of Investment Securities	-2,237	-1,872	-1,711	-419	-2,811	-770	-794	-436	-333	60	26
Sale of Property, Leasehold Improvements and Equipment	1.04	0.10	0.00	0.08	0.00	0.00	0.87	0.00	0.00	-	2.20
Sale and/or Maturity of Investments	207	144	313	273	213	123	60	25	24	20	5.02
Net Cash From Financing Activities	1,569	1,321	1,531	155	2,977	1,069	863	880	677	348	236
Net Cash From Continuing Financing Activities	1,569	1,321	1,531	155	2,977	1,069	863	880	677	348	236
Net Change in Deposits	1,485	1,390	1,773	1,399	1,486	1,075	892	775	680	283	165
Issuance of Debt	100	2,906	62	603	1,828	0.00	0.02	40	0.00	13	41
Repayment of Debt	-10	-2,966	-297	-1,827	-286	-1.44	-25	-41	-0.53	-33	-2.39
Payment of Dividends	-5.41	-5.33	-5.27	-5.19	-4.91	-4.83	-4.81	-3.78	-2.74	-2.73	-44
Other Financing Activities, Net	-0.64	-4.16	-1.79	-15	-46	0.54	1.21	-3.42	0.40	0.24	0.18
Cash Interest Paid	437	343	118	67	92	87	54	25	15	8.84	5.77
Cash Income Taxes Paid	39	5.30	25	20	11	-12	1.75	7.08	8.24	12	3.82

This table details how cash moves in and out of Live Oak Bancshares' business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Change in Cash & Equivalents	135	-58	51	18	15	48	-	345	47	13	-229
Net Cash From Operating Activities	105	171	191	84	91	170	-	136	158	26	21
Net Cash From Continuing Operating Activities	105	171	191	84	91	170	-	136	158	26	21
Net Income / (Loss) Continuing Operations	9.67	9.84	13	27	28	16	-	18	0.40	1.79	43
Consolidated Net Income / (Loss)	9.67	9.84	13	27	28	16	-	18	0.40	1.79	43
Provision For Loan Losses	29	34	35	12	16	9.00	-	13	19	20	14
Depreciation Expense	6.97	6.65	6.31	5.34	4.98	5.33	-	5.25	5.19	5.15	5.07
Amortization Expense	-0.08	-0.09	-0.13	-0.14	-0.36	-0.06	-	-0.04	0.17	0.40	0.64
Non-Cash Adjustments to Reconcile Net Income	63	116	129	48	42	138	-	84	124	33	-57
Changes in Operating Assets and Liabilities, net	-3.44	4.46	8.71	-7.79	0.35	1.42	-	16	9.66	-34	15
Net Cash From Investing Activities	-599	-586	-829	-386	-279	-388	-	-245	-593	-539	-446
Net Cash From Continuing Investing Activities	-599	-586	-829	-386	-279	-388	-	-245	-593	-539	-446
Purchase of Property, Leasehold Improvements and Equipment	-2.29	-4.02	-6.41	-17	-22	-22	-	-6.56	-10	-8.12	-7.40
Purchase of Investment Securities	-629	-629	-880	-427	-302	-425	-	-266	-604	-565	-496
Sale of Property, Leasehold Improvements and Equipment	0.22	0.07	-	-	0.98	-	-	-	0.00	-	-0.00
Sale and/or Maturity of Investments	32	47	58	58	44	58	-	28	21	34	57
Net Cash From Financing Activities	630	358	689	320	203	266	-	453	481	526	197
Net Cash From Continuing Financing Activities	630	358	689	320	203	266	-	453	481	526	197
Net Change in Deposits	635	360	694	324	108	271	-	457	537	480	249
Issuance of Debt	0.04	0.04	0.20	0.05	99	0.02	-	750	2,156	50	0.02
Repayment of Debt	-2.62	-2.60	-2.57	-2.55	-2.53	-2.51	-	-752	-2,208	-2.44	-51
Payment of Dividends	-1.37	-1.36	-1.35	-1.35	-1.35	-1.34	-	-1.33	-1.33	-1.32	-1.32
Other Financing Activities, Net	-1.76	1.71	-1.07	-0.06	-1.23	-1.53	-	0.05	-2.36	-0.05	-0.33
Cash Interest Paid	112	115	112	107	103	98	-	85	69	51	32
Cash Income Taxes Paid	0.17	12	3.59	21	1.93	3.61	-	5.05	0.18	7.58	10

This table presents Live Oak Bancshares' assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016	12/31/2015	12/31/2014
Total Assets	12,943	11,271	9,855	8,213	7,872	4,813	3,670	2,758	1,755	1,053	673
Cash and Due from Banks	609	583	280	187	297	125	317	295	238	103	30
Time Deposits Placed and Other Short-Term Investments	0.25	0.25	4.00	4.75	6.50	7.25	7.25	3.00	7.25	10	10
Trading Account Securities	1,594	1,513	1,569	2,023	1,926	1,506	1,068	774	465	534	344
Loans and Leases, Net of Allowance	10,066	8,508	7,248	5,458	5,093	2,599	1,811	1,320	889	273	200
Loans and Leases	10,233	8,634	7,344	5,521	5,145	2,627	1,843	1,344	908	280	204
Allowance for Loan and Lease Losses	168	126	97	64	52	28	32	24	18	7.42	4.41
Premises and Equipment, Net	264	258	263	240	259	279	263	179	65	63	35
Other Assets	410	410	355	284	270	200	205	188	91	70	54
Total Liabilities & Shareholders' Equity	12,943	11,271	9,855	8,213	7,872	4,813	3,670	2,758	1,755	1,053	673
Total Liabilities	11,940	10,369	9,044	7,498	7,304	4,280	3,177	2,322	1,532	853	582
Non-Interest Bearing Deposits	319	259	194	89	75	52	54	58	28	22	14
Interest Bearing Deposits	11,442	10,016	8,691	7,023	5,638	4,175	3,096	2,202	1,457	783	508
Long-Term Debt	113	23	-	318	1,542	0.01	1.46	27	28	28	42
Other Long-Term Liabilities	67	70	76	68	50	53	26	35	19	20	11
Total Equity & Noncontrolling Interests	1,003	903	811	715	568	532	494	437	223	199	92
Total Preferred & Common Equity	999	903	811	715	568	532	494	437	223	199	92
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	999	903	811	715	568	532	494	437	223	199	92
Common Stock	366	345	331	312	311	340	328	318	200	188	99
Retained Earnings	716	643	572	401	236	180	167	120	24	12	-6.94
Accumulated Other Comprehensive Income / (Loss)	-82	-85	-92	1.95	22	12	-1.68	-1.03	-0.65	-0.19	0.09
Noncontrolling Interest	4.47	0.00	-	-	-	-	-	-	-	0.03	0.00

This table presents Live Oak Bancshares' assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q3 2024	Q2 2024	Q1 2024	Q3 2023	Q2 2023	Q1 2023	Q3 2022
Period end date	3/31/2025	9/30/2024	6/30/2024	3/31/2024	9/30/2023	6/30/2023	3/31/2023	9/30/2022
Total Assets	13,596	12,607	11,869	11,506	10,950	10,819	10,364	9,315
Cash and Due from Banks	744	667	615	597	535	808	463	335
Time Deposits Placed and Other Short-Term Investments	0.25	0.25	0.25	0.25	3.75	4.00	4.00	4.25
Trading Account Securities	1,681	1,593	1,515	1,431	1,672	1,657	1,683	1,543
Loans and Leases, Net of Allowance	10,504	9,663	9,034	8,774	8,081	7,716	7,579	6,775
Loans and Leases	10,694	9,832	9,172	8,913	8,203	7,836	7,687	6,853
Allowance for Loan and Lease Losses	190	169	138	139	121	120	108	78
Premises and Equipment, Net	259	267	268	258	258	269	268	260
Other Assets	408	417	436	445	400	364	367	329
Total Liabilities & Shareholders' Equity	13,596	12,607	11,869	11,506	10,950	10,819	10,364	9,315
Total Liabilities	12,564	11,600	10,908	10,578	10,100	9,987	9,541	8,512
Non-Interest Bearing Deposits	386	259	264	227	240	230	176	170
Interest Bearing Deposits	12,010	11,142	10,443	10,157	9,764	9,649	9,246	8,235
Long-Term Debt	110	-	118	120	-	-	-	-
Other Long-Term Liabilities	58	84	83	74	71	79	89	72
Total Equity & Noncontrolling Interests	1,031	1,008	961	928	850	832	823	802
Total Preferred & Common Equity	1,027	1,008	961	928	850	832	823	802
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	1,027	1,008	961	928	850	832	823	802
Common Stock	371	362	356	350	341	341	335	326
Retained Earnings	724	707	695	669	628	589	573	572
Accumulated Other Comprehensive Income / (Loss)	-68	-61	-91	-91	-118	-98	-84	-95
Noncontrolling Interest	4.42	-	-	-	-	-	-	-

This table displays calculated financial ratios and metrics derived from Live Oak Bancshares' official financial filings.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016	12/31/2015	12/31/2014
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	9.33%	-19.18%	23.74%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
EBITDA Growth	7.38%	-55.61%	-1.71%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
EBIT Growth	7.73%	-60.62%	-0.22%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
NOPAT Growth	4.76%	-116.12%	5.52%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Net Income Growth	4.76%	-58.06%	5.52%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
EPS Growth	3.05%	-58.16%	5.66%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Cash Flow Growth	-13.48%	796.22%	203.98%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Free Cash Flow Firm Growth	-174.72%	93.53%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Invested Capital Growth	20.55%	14.18%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Revenue Q/Q Growth	1.71%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
EBITDA Q/Q Growth	-2.59%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
EBIT Q/Q Growth	-4.55%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
NOPAT Q/Q Growth	-7.55%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Net Income Q/Q Growth	-7.55%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
EPS Q/Q Growth	-7.65%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Cash Flow Q/Q Growth	0.08%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Free Cash Flow Firm Q/Q Growth	-53.26%	97.71%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Invested Capital Q/Q Growth	10.77%	15.05%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
EBITDA Margin	22.37%	45.56%	41.47%	52.22%	25.80%	21.58%	30.95%	43.43%	18.04%	37.34%	25.39%
EBIT Margin	17.86%	36.25%	74.39%	46.13%	16.88%	11.53%	22.54%	39.15%	12.63%	31.29%	23.32%
Profit (Net Income) Margin	15.49%	16.17%	31.16%	36.54%	21.21%	8.86%	25.18%	40.05%	10.11%	18.74%	13.44%
Tax Burden Percent	86.76%	89.22%	167.56%	79.22%	125.65%	76.85%	111.73%	102.28%	159.98%	59.89%	57.63%
Interest Burden Percent	100.00%	100.00%	200.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Effective Tax Rate	13.24%	10.78%	16.22%	20.78%	-25.65%	23.15%	-11.73%	-2.28%	40.02%	40.11%	42.37%
Return on Invested Capital (ROIC)	7.58%	8.51%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	7.19%
ROIC Less NNEP Spread (ROIC-NNEP)	7.58%	8.51%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	7.19%
Return on Net Nonoperating Assets (RNNOA)	0.54%	0.12%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	3.75%
Return on Equity (ROE)	8.12%	8.62%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	10.94%
Cash Return on Invested Capital (CROIC)	-11.05%	-4.73%	-156.55%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Return on Assets (OROA)	0.74%	0.78%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	2.59%
Return on Assets (ROA)	0.64%	2.01%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	1.49%
Return on Common Equity (ROCE)	8.10%	8.62%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	10.94%
Return on Equity Simple (ROE_SIMPLE)	7.75%	8.19%	21.73%	23.35%	10.49%	0.00%	10.42%	23.00%	0.00%	10.33%	10.94%
Net Operating Profit after Tax (NOPAT)	77	74	176	167	60	18	51	100	14	21	10
NOPAT Margin	15.49%	16.17%	31.16%	36.54%	21.21%	8.86%	25.18%	40.05%	10.11%	18.74%	13.44%
Net Nonoperating Expense Percent (NNEP)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SG&A Expenses to Revenue	52.47%	110.22%	86.48%	39.76%	60.60%	67.39%	61.37%	44.34%	129.02%	55.69%	58.79%
Operating Expenses to Revenue	62.89%	141.29%	55.57%	50.55%	68.64%	81.00%	74.74%	57.05%	78.16%	65.24%	72.94%
Earnings before Interest and Taxes (EBIT)	89	83	210	211	47	23	46	98	17	34	17
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	112	104	235	239	72	44	63	109	25	41	19
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.79	2.23	1.62	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Price to Tangible Book Value (P/TBV)	1.79	4.47	1.62	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Price to Revenue (P/Rev)	3.57	4.41	2.33	8.21	6.79	3.70	2.84	3.68	4.50	4.25	0.00
Price to Earnings (P/E)	23.05	27.28	7.48	22.46	32.01	41.72	11.27	9.19	44.45	22.64	0.00
Dividend Yield	0.30%	0.26%	0.80%	0.14%	0.26%	0.64%	0.83%	0.52%	0.89%	0.15%	0.00%
Earnings Yield	4.34%	3.67%	26.73%	4.45%	3.12%	2.40%	8.87%	10.89%	2.25%	4.42%	0.00%
Enterprise Value to Invested Capital (EV/IC)	1.16	1.57	1.11	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Revenue (EV/Rev)	2.59	3.19	1.59	8.21	6.79	3.70	2.84	3.68	4.50	4.25	0.00
Enterprise Value to EBITDA (EV/EBITDA)	11.57	13.99	3.83	15.72	26.31	17.12	9.17	8.47	24.92	11.38	0.00
Enterprise Value to EBIT (EV/EBIT)	14.50	17.59	4.27	17.79	40.22	32.06	12.60	9.40	35.58	13.57	0.00
Enterprise Value to NOPAT (EV/NOPAT)	16.71	19.71	5.09	22.46	32.01	41.72	11.27	9.19	44.48	22.66	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	2.41	2.35	17.80	0.00	0.00	0.00	92.15	0.00	0.00	0.00	0.00
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.11	0.03	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.52
Long-Term Debt to Equity	0.11	0.03	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.46
Financial Leverage	0.07	0.01	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.52
Leverage Ratio	12.70	12.33	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	7.33
Compound Leverage Factor	12.70	24.82	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	7.33
Debt to Total Capital	10.11%	2.52%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	34.31%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	4.36%
Long-Term Debt to Total Capital	10.11%	2.52%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	29.94%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.40%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	89.49%	197.48%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	65.69%
Debt to EBITDA	1.01	0.22	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	2.53
Net Debt to EBITDA	-4.44	-5.37	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.42
Long-Term Debt to EBITDA	1.01	0.22	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	2.20
Debt to NOPAT	1.46	0.32	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	4.77
Net Debt to NOPAT	-6.41	-7.57	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.80
Long-Term Debt to NOPAT	1.46	0.32	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	4.16
Noncontrolling Interest Sharing Ratio	0.23%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-113	-41	-635	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow to CapEx	1,111.53%	1,326.67%	569.06%	-3,993.23%	-1,243.73%	-1,297.20%	5.70%	-231.62%	-4,076.59%	-1,099.05%	-2,153.04%
Free Cash Flow to Firm to Interest Expense	-0.26	-2.54	-5.43	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	1.23	3.62	2.13	-1.86	-2.79	-5.49	0.12	-11.30	-30.36	-37.77	-44.69
Operating Cash Flow Less CapEx to Interest Expense	1.12	3.34	0.69	-1.90	-3.01	-5.91	-1.91	-16.18	-31.85	-41.20	-46.76
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.04	0.04	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.11
Fixed Asset Turnover	1.91	1.75	2.25	0.00	0.00	0.00	0.00	0.00	0.00	0.00	2.12
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	1,116	926	811	0.00	0.00	0.00	0.00	0.00	0.00	0.00	140
Invested Capital Turnover	0.49	0.53	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.53
Increase / (Decrease) in Invested Capital	190	115	811	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value (EV)	1,294	1,457	897	3,751	1,906	752	580	923	612	467	0.00
Market Capitalization	1,786	2,016	1,318	3,751	1,906	752	580	923	612	467	0.00
Book Value per Share	$22.11	$20.29	$18.44	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Tangible Book Value per Share	$22.11	$20.29	$18.44	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Total Capital	1,116	926	811	0.00	0.00	0.00	0.00	0.00	0.00	0.00	140
Total Debt	113	23	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	48
Total Long-Term Debt	113	23	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	42
Net Debt	-496	-559	-421	0.00	0.00	0.00	0.00	0.00	0.00	0.00	8.05
Capital Expenditures (CapEx)	48	47	44	3.00	21	37	110	124	11	30	12
Net Nonoperating Expense (NNE)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Nonoperating Obligations (NNO)	113	23	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	48
Total Depreciation and Amortization (D&A)	23	21	24	28	25	20	17	11	7.36	6.65	1.55
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$1.72	$1.67	$4.02	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic Shares Outstanding	45.57M	44.77M	44.15M	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Adjusted Diluted Earnings per Share	$1.69	$1.64	$3.92	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Diluted Shares Outstanding	45.57M	44.77M	44.15M	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	45.57M	44.77M	44.15M	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Normalized Net Operating Profit after Tax (NOPAT)	78	87	190	170	33	18	34	72	16	21	10
Normalized NOPAT Margin	15.59%	19.03%	33.56%	37.10%	11.82%	9.08%	16.69%	28.62%	23.97%	18.74%	13.44%
Pre Tax Income Margin	17.86%	36.25%	74.39%	46.13%	16.88%	11.53%	22.54%	39.15%	25.27%	31.29%	23.32%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.20	0.48	3.60	3.27	0.51	0.27	0.84	3.86	1.18	3.88	2.98
NOPAT to Interest Expense	0.18	0.22	3.01	2.59	0.64	0.21	0.94	3.95	0.94	2.32	1.72
EBIT Less CapEx to Interest Expense	0.09	0.21	2.85	3.23	0.28	-0.16	-1.18	-1.02	0.43	0.45	0.90
NOPAT Less CapEx to Interest Expense	0.07	0.16	2.26	2.55	0.41	-0.22	-1.08	-0.93	0.39	-1.11	-0.36
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	6.98%	7.21%	5.98%	3.11%	8.24%	26.77%	9.35%	3.76%	39.77%	13.26%	436.40%
Augmented Payout Ratio	6.98%	14.41%	5.98%	3.11%	8.24%	26.77%	9.35%	3.76%	19.89%	13.26%	436.40%

This table displays calculated financial ratios and metrics derived from Live Oak Bancshares' official financial filings.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	8.52%	7.01%	2.07%	15.69%	14.38%	14.01%	-10.10%	-95.95%	0.00%	0.00%	0.00%
EBITDA Growth	-25.10%	-13.05%	-87.68%	141.15%	395.59%	262.92%	-18.34%	-160.45%	0.00%	0.00%	0.00%
EBIT Growth	-40.60%	-24.34%	-174.83%	180.10%	1,535.62%	2,338.49%	-3.68%	-168.98%	0.00%	0.00%	0.00%
NOPAT Growth	-64.95%	-39.10%	-67.27%	53.69%	13,662.31%	801.95%	-14.35%	-163.84%	0.00%	0.00%	0.00%
Net Income Growth	-64.95%	-39.10%	-134.54%	161.06%	13,662.31%	801.95%	-14.35%	-163.84%	0.00%	0.00%	0.00%
EPS Growth	-65.00%	-38.89%	-204.55%	102.56%	17,700.00%	800.00%	-16.67%	-163.89%	0.00%	0.00%	0.00%
Operating Cash Flow Growth	15.50%	0.26%	0.00%	-77.09%	-85.28%	550.86%	0.00%	0.00%	0.00%	0.00%	0.00%
Free Cash Flow Firm Growth	91.76%	-82.60%	82.19%	146.17%	0.00%	87.79%	0.00%	0.00%	0.00%	0.00%	0.00%
Invested Capital Growth	8.94%	20.55%	37.02%	88.76%	0.00%	14.18%	0.00%	0.00%	0.00%	0.00%	0.00%
Revenue Q/Q Growth	-1.53%	-1.44%	10.65%	15.96%	-5.81%	-11.97%	17.37%	13.51%	0.00%	-25.87%	-64.14%
EBITDA Q/Q Growth	1.18%	-17.59%	-83.59%	108.67%	34.92%	-93.55%	153.56%	338.89%	0.00%	-87.48%	-59.04%
EBIT Q/Q Growth	-0.73%	-25.85%	-101.04%	63.11%	52.88%	-118.22%	125.37%	850.26%	0.00%	-98.38%	-127.41%
NOPAT Q/Q Growth	-1.78%	-24.43%	-155.08%	-4.52%	212.02%	-118.76%	253.64%	8,616.08%	0.00%	-95.82%	-111.65%
Net Income Q/Q Growth	-1.78%	-24.43%	-103.39%	-4.52%	141.35%	-59.38%	253.64%	4,308.04%	0.00%	-95.82%	-111.65%
EPS Q/Q Growth	-4.55%	-21.43%	-105.08%	-3.33%	133.33%	-118.18%	125.64%	7,600.00%	0.00%	-95.83%	-111.11%
Operating Cash Flow Q/Q Growth	-38.50%	-10.64%	383.20%	-7.72%	-139.83%	0.00%	0.00%	-27.74%	0.00%	26.63%	0.00%
Free Cash Flow Firm Q/Q Growth	53.41%	-25.00%	102.55%	235.51%	-45.30%	78.44%	1.07%	0.00%	0.00%	0.00%	0.00%
Invested Capital Q/Q Growth	2.27%	10.77%	-13.17%	8.83%	48.29%	15.05%	4.30%	0.00%	0.00%	0.00%	0.00%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
EBITDA Margin	15.88%	15.45%	55.45%	65.76%	46.01%	19.02%	67.18%	44.60%	17.67%	5.97%	35.38%
EBIT Margin	10.41%	10.33%	41.19%	86.21%	38.05%	29.22%	67.18%	34.99%	3.56%	0.68%	62.70%
Profit (Net Income) Margin	7.67%	7.69%	20.05%	64.46%	71.22%	27.01%	62.52%	32.35%	0.39%	1.71%	60.54%
Tax Burden Percent	73.62%	74.40%	219.02%	224.33%	374.35%	184.89%	186.12%	92.47%	22.03%	249.93%	193.13%
Interest Burden Percent	100.00%	100.00%	300.00%	200.00%	300.00%	100.00%	200.00%	200.00%	100.00%	100.00%	100.00%
Effective Tax Rate	26.38%	25.60%	80.98%	75.67%	-49.57%	15.11%	13.88%	7.53%	177.97%	-149.93%	3.44%
Return on Invested Capital (ROIC)	3.57%	3.76%	10.60%	21.98%	42.74%	20.78%	0.00%	0.00%	0.00%	2.38%	0.00%
ROIC Less NNEP Spread (ROIC-NNEP)	3.57%	3.76%	0.00%	21.98%	21.37%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Return on Net Nonoperating Assets (RNNOA)	0.42%	0.27%	0.00%	1.44%	5.54%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Return on Equity (ROE)	3.99%	4.03%	0.00%	23.42%	48.27%	7.20%	0.00%	0.00%	0.00%	0.00%	0.00%
Cash Return on Invested Capital (CROIC)	-3.13%	-11.05%	-23.78%	-42.63%	-361.42%	-4.73%	-400.00%	-400.00%	0.00%	-156.55%	0.00%
Operating Return on Assets (OROA)	0.42%	0.43%	1.72%	3.71%	1.56%	1.82%	0.00%	0.00%	0.00%	0.04%	0.00%
Return on Assets (ROA)	0.31%	0.32%	0.84%	2.78%	1.95%	1.68%	0.00%	0.00%	0.00%	0.11%	0.00%
Return on Common Equity (ROCE)	3.98%	4.02%	0.00%	35.13%	72.41%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Return on Equity Simple (ROE_SIMPLE)	5.79%	0.00%	24.93%	23.00%	21.79%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Net Operating Profit after Tax (NOPAT)	9.67	9.84	13	27	28	16	40	18	0.40	1.79	43
NOPAT Margin	7.67%	7.69%	20.05%	21.49%	23.74%	27.01%	31.26%	32.35%	0.78%	1.71%	30.27%
Net Nonoperating Expense Percent (NNEP)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SG&A Expenses to Revenue	55.67%	51.19%	99.59%	104.37%	171.54%	104.33%	97.59%	58.16%	126.48%	61.35%	88.30%
Operating Expenses to Revenue	66.62%	63.45%	179.15%	185.66%	133.79%	155.75%	116.67%	140.99%	77.72%	80.58%	117.29%
Earnings before Interest and Taxes (EBIT)	13	13	18	36	22	17	43	19	3.61	0.72	44
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	20	20	24	41	27	23	43	24	8.98	6.27	50
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.18	1.79	4.23	1.64	1.99	2.23	1.50	2.79	0.00	1.62	0.00
Price to Tangible Book Value (P/TBV)	1.18	1.79	6.35	1.64	1.99	2.23	1.50	2.79	0.00	1.62	0.00
Price to Revenue (P/Rev)	2.38	3.57	4.34	3.22	3.91	4.41	0.00	0.00	0.00	2.33	0.00
Price to Earnings (P/E)	20.38	23.05	50.92	14.25	18.23	27.28	0.00	0.00	0.00	7.48	0.00
Dividend Yield	0.45%	0.30%	0.76%	0.69%	0.87%	0.26%	0.83%	0.92%	0.50%	0.40%	0.79%
Earnings Yield	4.91%	4.34%	7.86%	14.04%	5.49%	7.34%	0.00%	0.00%	0.00%	13.37%	0.00%
Enterprise Value to Invested Capital (EV/IC)	0.51	1.16	4.36	1.00	1.30	3.16	1.74	0.84	0.00	1.11	0.00
Enterprise Value to Revenue (EV/Rev)	1.15	2.59	8.95	6.61	2.89	3.19	0.00	0.00	0.00	1.59	0.00
Enterprise Value to EBITDA (EV/EBITDA)	5.57	11.57	38.30	18.18	11.20	27.78	0.00	0.00	0.00	3.83	0.00
Enterprise Value to EBIT (EV/EBIT)	7.29	14.50	47.01	18.18	13.47	34.91	0.00	0.00	0.00	4.27	0.00
Enterprise Value to NOPAT (EV/NOPAT)	9.83	16.71	52.49	9.74	13.50	19.71	0.00	0.00	0.00	5.09	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	1.06	2.41	5.47	0.00	2.47	4.66	0.00	0.00	0.00	7.21	0.00
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.11	0.11	0.00	0.37	0.39	0.03	0.00	0.00	0.00	0.00	0.00
Long-Term Debt to Equity	0.11	0.11	0.00	0.12	0.39	0.03	0.00	0.00	0.00	0.00	0.00
Financial Leverage	0.12	0.07	0.00	0.13	0.26	0.01	0.00	0.00	0.00	0.00	0.00
Leverage Ratio	12.81	12.70	25.36	37.95	24.80	24.82	25.75	13.00	0.00	11.84	0.00
Compound Leverage Factor	12.81	12.70	38.03	25.30	24.80	24.82	25.75	25.99	0.00	11.84	0.00
Debt to Total Capital	9.66%	10.11%	0.00%	21.83%	11.47%	2.52%	0.00%	0.00%	0.00%	0.00%	0.00%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	9.66%	10.11%	0.00%	32.74%	22.95%	2.52%	0.00%	0.00%	0.00%	0.00%	0.00%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.39%	0.40%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	89.96%	89.49%	300.00%	178.17%	177.05%	97.48%	200.00%	200.00%	0.00%	100.00%	0.00%
Debt to EBITDA	1.05	1.01	0.00	0.99	0.99	0.22	0.00	0.00	0.00	0.00	0.00
Net Debt to EBITDA	-6.04	-4.44	0.00	-8.41	-11.75	-5.37	0.00	0.00	0.00	0.00	0.00
Long-Term Debt to EBITDA	1.05	1.01	0.00	1.99	2.96	0.22	0.00	0.00	0.00	0.00	0.00
Debt to NOPAT	1.85	1.46	0.00	3.20	2.38	0.32	0.00	0.00	0.00	0.00	0.00
Net Debt to NOPAT	-10.66	-6.41	0.00	-9.01	-4.72	-7.57	0.00	0.00	0.00	0.00	0.00
Long-Term Debt to NOPAT	1.85	1.46	0.00	3.20	2.38	0.32	0.00	0.00	0.00	0.00	0.00
Noncontrolling Interest Sharing Ratio	0.23%	0.23%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-84	-180	-144	-219	-1,020	-99	-811	-815	0.00	-809	0.00
Operating Cash Flow to CapEx	5,066.46%	4,317.86%	8,944.00%	974.96%	878.28%	787.88%	0.00%	2,079.57%	3,045.77%	322.13%	279.07%
Free Cash Flow to Firm to Interest Expense	-0.75	-1.57	-2.58	-4.10	-29.92	-10.16	-8.89	-9.54	0.00	-15.96	0.00
Operating Cash Flow to Interest Expense	0.93	1.48	1.71	1.57	2.67	3.51	0.00	3.20	4.57	0.52	0.65
Operating Cash Flow Less CapEx to Interest Expense	0.91	1.45	4.95	1.24	0.69	1.53	0.00	3.04	4.27	0.36	0.41
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.04	0.04	0.04	0.09	0.25	0.12	0.00	0.00	0.00	0.06	0.00
Fixed Asset Turnover	1.97	1.91	5.61	1.82	0.00	1.75	0.00	0.00	0.00	2.25	0.00
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	1,142	1,116	1,008	1,079	1,048	926	850	832	0.00	811	0.00
Invested Capital Turnover	0.47	0.49	1.06	1.02	1.80	0.53	0.00	0.00	0.00	1.39	0.00
Increase / (Decrease) in Invested Capital	94	190	157	246	1,048	115	850	832	0.00	811	0.00
Enterprise Value (EV)	585	1,294	2,930	1,077	1,365	1,457	741	348	1,069	897	2,664
Market Capitalization	1,215	1,786	2,132	1,575	1,842	2,016	1,279	1,160	1,069	1,318	2,664
Book Value per Share	$22.54	$22.11	$22.38	$21.37	$20.63	$20.29	$19.17	$18.79	$0.00	$18.44	$0.00
Tangible Book Value per Share	$22.54	$22.11	$22.38	$21.37	$20.63	$20.29	$19.17	$18.79	$0.00	$18.44	$0.00
Total Capital	1,142	1,116	1,008	1,079	1,048	926	850	832	0.00	811	0.00
Total Debt	110	113	0.00	118	120	23	0.00	0.00	0.00	0.00	0.00
Total Long-Term Debt	110	113	0.00	118	120	23	0.00	0.00	0.00	0.00	0.00
Net Debt	-634	-496	-667	-498	-477	-559	-539	-812	0.00	-421	0.00
Capital Expenditures (CapEx)	2.07	3.95	6.41	17	21	22	0.00	6.56	10	8.12	7.40
Net Nonoperating Expense (NNE)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Nonoperating Obligations (NNO)	110	113	0.00	118	120	23	0.00	0.00	0.00	0.00	0.00
Total Depreciation and Amortization (D&A)	6.89	6.56	6.17	5.20	4.63	5.28	0.00	5.22	5.36	5.55	5.71
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.21	$0.22	$0.28	$0.60	$0.62	$0.37	$0.89	$0.40	$0.00	$0.04	$0.00
Adjusted Weighted Average Basic Shares Outstanding	45.61M	45.57M	45.19M	45.04M	44.97M	44.77M	44.48M	44.36M	0.00	44.15M	0.00
Adjusted Diluted Earnings per Share	$0.21	$0.22	$0.28	$0.59	$0.60	$0.36	$0.88	$0.39	$0.00	$0.04	$0.00
Adjusted Weighted Average Diluted Shares Outstanding	45.61M	45.57M	45.19M	45.04M	44.97M	44.77M	44.48M	44.36M	0.00	44.15M	0.00
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	45.61M	45.57M	45.19M	45.04M	44.97M	44.77M	44.48M	44.36M	0.00	44.15M	0.00
Normalized Net Operating Profit after Tax (NOPAT)	9.67	9.84	13	27	15	16	40	18	2.53	6.41	50
Normalized NOPAT Margin	7.67%	7.69%	20.05%	42.98%	26.63%	27.01%	62.52%	32.35%	4.98%	6.11%	71.07%
Pre Tax Income Margin	10.41%	10.33%	27.46%	57.47%	57.07%	14.61%	67.18%	34.99%	7.11%	0.68%	62.70%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.12	0.11	0.32	0.67	0.65	0.18	0.47	0.22	0.05	0.01	2.78
NOPAT to Interest Expense	0.09	0.09	0.35	0.50	0.54	0.33	0.87	0.21	0.01	0.04	2.68
EBIT Less CapEx to Interest Expense	0.10	0.08	0.20	0.53	0.03	-0.09	0.94	0.29	-0.10	-0.15	1.16
NOPAT Less CapEx to Interest Expense	0.07	0.05	0.18	0.18	0.13	-0.06	0.87	0.26	-0.29	-0.12	2.45
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	9.12%	6.98%	19.29%	0.00%	15.86%	7.21%	0.00%	0.00%	0.00%	2.99%	0.00%
Augmented Payout Ratio	9.12%	6.98%	19.29%	0.00%	15.86%	14.41%	0.00%	0.00%	0.00%	2.99%	0.00%

Frequently Asked Questions About Live Oak Bancshares' Financials

When does Live Oak Bancshares's fiscal year end?

According to the most recent income statement we have on file, Live Oak Bancshares' financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has Live Oak Bancshares' net income changed over the last 10 years?

Live Oak Bancshares' net income appears to be on an upward trend, with a most recent value of $77.42 million in 2024, rising from $10.05 million in 2014. The previous period was $73.90 million in 2023. Find out what analysts predict for Live Oak Bancshares in the coming months.

How has Live Oak Bancshares revenue changed over the last 10 years?

Over the last 10 years, Live Oak Bancshares' total revenue changed from $74.76 million in 2014 to $499.69 million in 2024, a change of 568.4%.

How much debt does Live Oak Bancshares have?

Live Oak Bancshares' total liabilities were at $11.94 billion at the end of 2024, a 15.2% increase from 2023, and a 1,953.3% increase since 2014.

How much cash does Live Oak Bancshares have?

In the past 10 years, Live Oak Bancshares' cash and equivalents has ranged from $29.90 million in 2014 to $608.80 million in 2024, and is currently $608.80 million as of their latest financial filing in 2024.

How has Live Oak Bancshares' book value per share changed over the last 10 years?

Over the last 10 years, Live Oak Bancshares' book value per share changed from 0.00 in 2014 to 22.11 in 2024, a change of 2,210.8%.

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This page (NASDAQ:LOB) was last updated on 5/22/2025 by MarketBeat.com Staff

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Live Oak Bancshares (LOB) Financials

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Live Oak Bancshares (LOB) Financials

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