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.
Quarterly Income Statements for Live Oak Bancshares
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 |
|
Q4 2022 |
Q1 2023 |
Q2 2023 |
Q3 2023 |
Q4 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Q4 2024 |
Q1 2025 |
Q2 2025 |
Net Income / (Loss) Attributable to Common Shareholders |
|
1.79 |
0.40 |
18 |
40 |
16 |
28 |
27 |
13 |
9.90 |
9.72 |
23 |
Consolidated Net Income / (Loss) |
|
1.79 |
0.40 |
18 |
40 |
16 |
28 |
27 |
13 |
9.84 |
9.67 |
23 |
Net Income / (Loss) Continuing Operations |
|
1.79 |
0.40 |
18 |
40 |
16 |
28 |
27 |
13 |
9.84 |
9.67 |
23 |
Total Pre-Tax Income |
|
0.72 |
3.61 |
19 |
43 |
17 |
22 |
36 |
18 |
13 |
13 |
31 |
Total Revenue |
|
105 |
102 |
108 |
127 |
120 |
116 |
125 |
130 |
128 |
126 |
144 |
Net Interest Income / (Expense) |
|
86 |
82 |
84 |
89 |
90 |
90 |
91 |
97 |
97 |
101 |
109 |
Total Interest Income |
|
137 |
151 |
170 |
181 |
187 |
192 |
198 |
209 |
213 |
213 |
224 |
Loans and Leases Interest Income |
|
127 |
139 |
152 |
163 |
170 |
176 |
182 |
192 |
195 |
196 |
205 |
Investment Securities Interest Income |
|
6.72 |
7.55 |
8.50 |
8.70 |
8.75 |
8.95 |
9.22 |
9.75 |
10 |
11 |
12 |
Other Interest Income |
|
2.58 |
4.82 |
8.85 |
9.19 |
8.26 |
7.46 |
7.39 |
7.02 |
7.26 |
6.40 |
8.12 |
Total Interest Expense |
|
51 |
69 |
85 |
91 |
97 |
102 |
107 |
112 |
115 |
113 |
115 |
Deposits Interest Expense |
|
50 |
68 |
85 |
91 |
97 |
102 |
105 |
110 |
113 |
111 |
113 |
Long-Term Debt Interest Expense |
|
0.35 |
1.80 |
0.41 |
0.29 |
0.27 |
0.31 |
1.77 |
1.76 |
1.74 |
1.69 |
1.68 |
Total Non-Interest Income |
|
19 |
20 |
24 |
38 |
30 |
26 |
34 |
33 |
31 |
26 |
35 |
Other Service Charges |
|
15 |
14 |
14 |
14 |
19 |
21 |
22 |
16 |
15 |
12 |
13 |
Net Realized & Unrealized Capital Gains on Investments |
|
1.97 |
3.13 |
7.77 |
22 |
8.41 |
2.99 |
10 |
14 |
13 |
11 |
18 |
Other Non-Interest Income |
|
2.56 |
2.54 |
2.54 |
2.50 |
2.44 |
2.45 |
2.42 |
2.42 |
2.46 |
2.57 |
3.10 |
Provision for Credit Losses |
|
20 |
19 |
13 |
10 |
9.00 |
16 |
12 |
35 |
34 |
29 |
23 |
Total Non-Interest Expense |
|
85 |
79 |
76 |
74 |
93 |
78 |
78 |
78 |
81 |
84 |
89 |
Salaries and Employee Benefits |
|
43 |
45 |
43 |
43 |
44 |
47 |
46 |
45 |
45 |
48 |
49 |
Net Occupancy & Equipment Expense |
|
16 |
13 |
14 |
14 |
14 |
13 |
14 |
15 |
16 |
16 |
16 |
Marketing Expense |
|
5.76 |
6.01 |
5.78 |
5.64 |
4.05 |
6.13 |
5.33 |
4.82 |
4.61 |
6.46 |
7.00 |
Property & Liability Insurance Claims |
|
2.92 |
3.40 |
5.06 |
4.12 |
4.09 |
3.20 |
2.65 |
1.93 |
3.05 |
3.55 |
3.55 |
Other Operating Expenses |
|
8.82 |
11 |
8.32 |
8.03 |
12 |
8.09 |
9.53 |
11 |
12 |
10 |
13 |
Income Tax Expense |
|
-1.08 |
3.22 |
1.43 |
2.97 |
1.32 |
-5.48 |
9.10 |
4.82 |
3.39 |
3.46 |
7.82 |
Net Income / (Loss) Attributable to Noncontrolling Interest |
|
- |
- |
- |
- |
- |
0.00 |
0.00 |
- |
- |
-0.05 |
-0.04 |
Basic Earnings per Share |
|
$0.04 |
$0.01 |
$0.40 |
$0.89 |
$0.37 |
$0.62 |
$0.60 |
$0.28 |
$0.22 |
$0.21 |
$0.51 |
Weighted Average Basic Shares Outstanding |
|
44.15M |
- |
44.36M |
44.48M |
44.77M |
44.97M |
45.04M |
45.19M |
45.57M |
45.61M |
45.73M |
Diluted Earnings per Share |
|
$0.04 |
$0.01 |
$0.39 |
$0.88 |
$0.36 |
$0.60 |
$0.59 |
$0.28 |
$0.22 |
$0.21 |
$0.51 |
Weighted Average Diluted Shares Outstanding |
|
44.15M |
- |
44.36M |
44.48M |
44.77M |
44.97M |
45.04M |
45.19M |
45.57M |
45.61M |
45.73M |
Weighted Average Basic & Diluted Shares Outstanding |
|
44.15M |
- |
44.36M |
44.48M |
44.77M |
44.97M |
45.04M |
45.19M |
45.57M |
45.61M |
45.73M |
Annual Cash Flow Statements for Live Oak Bancshares
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 |
|
2014 |
2015 |
2016 |
2017 |
2018 |
2019 |
2020 |
2021 |
2022 |
2023 |
2024 |
Net Change in Cash & Equivalents |
|
-7.34 |
73 |
135 |
57 |
24 |
-98 |
97 |
-115 |
213 |
166 |
26 |
Net Cash From Operating Activities |
|
-262 |
-335 |
-222 |
-288 |
6.29 |
-483 |
-261 |
-120 |
124 |
620 |
536 |
Net Cash From Continuing Operating Activities |
|
-262 |
-335 |
-222 |
-288 |
6.29 |
-483 |
-261 |
-120 |
124 |
620 |
536 |
Net Income / (Loss) Continuing Operations |
|
10 |
21 |
14 |
100 |
51 |
18 |
60 |
167 |
176 |
74 |
77 |
Consolidated Net Income / (Loss) |
|
10 |
21 |
14 |
100 |
51 |
18 |
60 |
167 |
176 |
74 |
77 |
Provision For Loan Losses |
|
2.79 |
3.81 |
13 |
9.54 |
5.56 |
15 |
41 |
15 |
41 |
51 |
96 |
Depreciation Expense |
|
2.16 |
3.44 |
4.26 |
10 |
16 |
20 |
22 |
21 |
21 |
21 |
23 |
Amortization Expense |
|
-0.61 |
3.21 |
3.10 |
0.46 |
0.80 |
0.51 |
3.36 |
6.46 |
3.42 |
0.01 |
-0.72 |
Non-Cash Adjustments to Reconcile Net Income |
|
-266 |
-358 |
-240 |
-382 |
-57 |
-567 |
-325 |
-332 |
-102 |
456 |
335 |
Changes in Operating Assets and Liabilities, net |
|
-9.45 |
-7.28 |
-15 |
-26 |
-11 |
31 |
-61 |
2.10 |
-15 |
17 |
5.73 |
Net Cash From Investing Activities |
|
18 |
60 |
-320 |
-535 |
-845 |
-685 |
-2,619 |
-150 |
-1,442 |
-1,775 |
-2,079 |
Net Cash From Continuing Investing Activities |
|
18 |
60 |
-320 |
-535 |
-845 |
-685 |
-2,619 |
-150 |
-1,442 |
-1,775 |
-2,079 |
Purchase of Property, Leasehold Improvements and Equipment |
|
-14 |
-30 |
-11 |
-124 |
-111 |
-37 |
-21 |
-3.08 |
-44 |
-47 |
-49 |
Purchase of Investment Securities |
|
26 |
60 |
-333 |
-436 |
-794 |
-770 |
-2,811 |
-419 |
-1,711 |
-1,872 |
-2,237 |
Sale of Property, Leasehold Improvements and Equipment |
|
2.20 |
- |
0.00 |
0.00 |
0.87 |
0.00 |
0.00 |
0.08 |
0.00 |
0.10 |
1.04 |
Sale and/or Maturity of Investments |
|
5.02 |
20 |
24 |
25 |
60 |
123 |
213 |
273 |
313 |
144 |
207 |
Net Cash From Financing Activities |
|
236 |
348 |
677 |
880 |
863 |
1,069 |
2,977 |
155 |
1,531 |
1,321 |
1,569 |
Net Cash From Continuing Financing Activities |
|
236 |
348 |
677 |
880 |
863 |
1,069 |
2,977 |
155 |
1,531 |
1,321 |
1,569 |
Net Change in Deposits |
|
165 |
283 |
680 |
775 |
892 |
1,075 |
1,486 |
1,399 |
1,773 |
1,390 |
1,485 |
Issuance of Debt |
|
41 |
13 |
0.00 |
40 |
0.02 |
0.00 |
1,828 |
603 |
62 |
2,906 |
100 |
Repayment of Debt |
|
-2.39 |
-33 |
-0.53 |
-41 |
-25 |
-1.44 |
-286 |
-1,827 |
-297 |
-2,966 |
-10 |
Payment of Dividends |
|
-44 |
-2.73 |
-2.74 |
-3.78 |
-4.81 |
-4.83 |
-4.91 |
-5.19 |
-5.27 |
-5.33 |
-5.41 |
Other Financing Activities, Net |
|
0.18 |
0.24 |
0.40 |
-3.42 |
1.21 |
0.54 |
-46 |
-15 |
-1.79 |
-4.16 |
-0.64 |
Cash Interest Paid |
|
5.77 |
8.84 |
15 |
25 |
54 |
87 |
92 |
67 |
118 |
343 |
437 |
Cash Income Taxes Paid |
|
3.82 |
12 |
8.24 |
7.08 |
1.75 |
-12 |
11 |
20 |
25 |
5.30 |
39 |
Quarterly Cash Flow Statements for Live Oak Bancshares
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 |
|
Q4 2022 |
Q1 2023 |
Q2 2023 |
Q3 2023 |
Q4 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Q4 2024 |
Q1 2025 |
Q2 2025 |
Net Change in Cash & Equivalents |
|
13 |
47 |
345 |
- |
48 |
15 |
18 |
51 |
-58 |
135 |
-82 |
Net Cash From Operating Activities |
|
26 |
158 |
136 |
- |
170 |
91 |
84 |
191 |
171 |
105 |
208 |
Net Cash From Continuing Operating Activities |
|
26 |
158 |
136 |
- |
170 |
91 |
84 |
191 |
171 |
105 |
208 |
Net Income / (Loss) Continuing Operations |
|
1.79 |
0.40 |
18 |
- |
16 |
28 |
27 |
13 |
9.84 |
9.67 |
23 |
Consolidated Net Income / (Loss) |
|
1.79 |
0.40 |
18 |
- |
16 |
28 |
27 |
13 |
9.84 |
9.67 |
23 |
Provision For Loan Losses |
|
20 |
19 |
13 |
- |
9.00 |
16 |
12 |
35 |
34 |
29 |
23 |
Depreciation Expense |
|
5.15 |
5.19 |
5.25 |
- |
5.33 |
4.98 |
5.34 |
6.31 |
6.65 |
6.97 |
6.78 |
Amortization Expense |
|
0.40 |
0.17 |
-0.04 |
- |
-0.06 |
-0.36 |
-0.14 |
-0.13 |
-0.09 |
-0.08 |
-0.15 |
Non-Cash Adjustments to Reconcile Net Income |
|
33 |
124 |
84 |
- |
138 |
43 |
48 |
129 |
116 |
63 |
144 |
Changes in Operating Assets and Liabilities, net |
|
-34 |
9.66 |
16 |
- |
1.42 |
-0.41 |
-7.79 |
8.71 |
4.46 |
-3.44 |
10 |
Net Cash From Investing Activities |
|
-539 |
-593 |
-245 |
- |
-388 |
-279 |
-386 |
-829 |
-586 |
-599 |
-485 |
Net Cash From Continuing Investing Activities |
|
-539 |
-593 |
-245 |
- |
-388 |
-279 |
-386 |
-829 |
-586 |
-599 |
-485 |
Purchase of Property, Leasehold Improvements and Equipment |
|
-8.12 |
-10 |
-6.56 |
- |
-22 |
-22 |
-17 |
-6.41 |
-4.02 |
-2.29 |
-1.43 |
Purchase of Investment Securities |
|
-565 |
-604 |
-266 |
- |
-425 |
-302 |
-427 |
-880 |
-629 |
-629 |
-535 |
Sale of Property, Leasehold Improvements and Equipment |
|
- |
0.00 |
- |
- |
- |
0.98 |
- |
- |
0.07 |
0.22 |
4.14 |
Sale and/or Maturity of Investments |
|
34 |
21 |
28 |
- |
58 |
44 |
58 |
58 |
47 |
32 |
47 |
Net Cash From Financing Activities |
|
526 |
481 |
453 |
- |
266 |
203 |
320 |
689 |
358 |
630 |
195 |
Net Cash From Continuing Financing Activities |
|
526 |
481 |
453 |
- |
266 |
203 |
320 |
689 |
358 |
630 |
195 |
Net Change in Deposits |
|
480 |
537 |
457 |
- |
271 |
108 |
324 |
694 |
360 |
635 |
199 |
Issuance of Debt |
|
50 |
2,156 |
750 |
- |
0.02 |
99 |
0.05 |
0.20 |
0.04 |
0.04 |
0.04 |
Repayment of Debt |
|
-2.44 |
-2,208 |
-752 |
- |
-2.51 |
-2.53 |
-2.55 |
-2.57 |
-2.60 |
-2.62 |
-2.63 |
Payment of Dividends |
|
-1.32 |
-1.33 |
-1.33 |
- |
-1.34 |
-1.35 |
-1.35 |
-1.35 |
-1.36 |
-1.37 |
-1.37 |
Other Financing Activities, Net |
|
-0.05 |
-2.36 |
0.05 |
- |
-1.53 |
-1.23 |
-0.06 |
-1.07 |
1.71 |
-1.76 |
0.50 |
Cash Interest Paid |
|
51 |
69 |
85 |
- |
98 |
103 |
107 |
112 |
115 |
112 |
116 |
Cash Income Taxes Paid |
|
7.58 |
0.18 |
5.05 |
- |
3.61 |
1.93 |
21 |
3.59 |
12 |
0.17 |
7.05 |
Annual Balance Sheets for Live Oak Bancshares
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 |
|
2014 |
2015 |
2016 |
2017 |
2018 |
2019 |
2020 |
2021 |
2022 |
2023 |
2024 |
Total Assets |
|
673 |
1,053 |
1,755 |
2,758 |
3,670 |
4,813 |
7,872 |
8,213 |
9,855 |
11,271 |
12,943 |
Cash and Due from Banks |
|
30 |
103 |
238 |
295 |
317 |
125 |
297 |
187 |
280 |
583 |
609 |
Time Deposits Placed and Other Short-Term Investments |
|
10 |
10 |
7.25 |
3.00 |
7.25 |
7.25 |
6.50 |
4.75 |
4.00 |
0.25 |
0.25 |
Trading Account Securities |
|
344 |
534 |
465 |
774 |
1,068 |
1,506 |
1,926 |
2,023 |
1,569 |
1,513 |
1,594 |
Loans and Leases, Net of Allowance |
|
200 |
273 |
889 |
1,320 |
1,811 |
2,599 |
5,093 |
5,458 |
7,248 |
8,508 |
10,066 |
Loans and Leases |
|
204 |
280 |
908 |
1,344 |
1,843 |
2,627 |
5,145 |
5,521 |
7,344 |
8,634 |
10,233 |
Allowance for Loan and Lease Losses |
|
4.41 |
7.42 |
18 |
24 |
32 |
28 |
52 |
64 |
97 |
126 |
168 |
Premises and Equipment, Net |
|
35 |
63 |
65 |
179 |
263 |
279 |
259 |
240 |
263 |
258 |
264 |
Other Assets |
|
54 |
70 |
91 |
188 |
205 |
200 |
270 |
284 |
355 |
410 |
410 |
Total Liabilities & Shareholders' Equity |
|
673 |
1,053 |
1,755 |
2,758 |
3,670 |
4,813 |
7,872 |
8,213 |
9,855 |
11,271 |
12,943 |
Total Liabilities |
|
582 |
853 |
1,532 |
2,322 |
3,177 |
4,280 |
7,304 |
7,498 |
9,044 |
10,369 |
11,940 |
Non-Interest Bearing Deposits |
|
14 |
22 |
28 |
58 |
54 |
52 |
75 |
89 |
194 |
259 |
319 |
Interest Bearing Deposits |
|
508 |
783 |
1,457 |
2,202 |
3,096 |
4,175 |
5,638 |
7,023 |
8,691 |
10,016 |
11,442 |
Long-Term Debt |
|
42 |
28 |
28 |
27 |
1.46 |
0.01 |
1,542 |
318 |
- |
23 |
113 |
Other Long-Term Liabilities |
|
11 |
20 |
19 |
35 |
26 |
53 |
50 |
68 |
76 |
70 |
67 |
Total Equity & Noncontrolling Interests |
|
92 |
199 |
223 |
437 |
494 |
532 |
568 |
715 |
811 |
903 |
1,003 |
Total Preferred & Common Equity |
|
92 |
199 |
223 |
437 |
494 |
532 |
568 |
715 |
811 |
903 |
999 |
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 |
|
92 |
199 |
223 |
437 |
494 |
532 |
568 |
715 |
811 |
903 |
999 |
Common Stock |
|
99 |
188 |
200 |
318 |
328 |
340 |
311 |
312 |
331 |
345 |
366 |
Retained Earnings |
|
-6.94 |
12 |
24 |
120 |
167 |
180 |
236 |
401 |
572 |
643 |
716 |
Accumulated Other Comprehensive Income / (Loss) |
|
0.09 |
-0.19 |
-0.65 |
-1.03 |
-1.68 |
12 |
22 |
1.95 |
-92 |
-85 |
-82 |
Noncontrolling Interest |
|
0.00 |
0.03 |
- |
- |
- |
- |
- |
- |
- |
0.00 |
4.47 |
Quarterly Balance Sheets for Live Oak Bancshares
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 |
|
Q2 2022 |
Q3 2022 |
Q1 2023 |
Q2 2023 |
Q3 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Q1 2025 |
Q2 2025 |
Total Assets |
|
9,121 |
9,315 |
10,364 |
10,819 |
10,950 |
11,506 |
11,869 |
12,607 |
13,596 |
13,831 |
Cash and Due from Banks |
|
580 |
335 |
463 |
808 |
535 |
597 |
615 |
667 |
744 |
663 |
Time Deposits Placed and Other Short-Term Investments |
|
4.25 |
4.25 |
4.00 |
4.00 |
3.75 |
0.25 |
0.25 |
0.25 |
0.25 |
0.25 |
Trading Account Securities |
|
2,128 |
1,543 |
1,683 |
1,657 |
1,672 |
1,431 |
1,515 |
1,593 |
1,681 |
1,676 |
Loans and Leases, Net of Allowance |
|
5,794 |
6,775 |
7,579 |
7,716 |
8,081 |
8,774 |
9,034 |
9,663 |
10,504 |
10,832 |
Loans and Leases |
|
5,860 |
6,853 |
7,687 |
7,836 |
8,203 |
8,913 |
9,172 |
9,832 |
10,694 |
11,014 |
Allowance for Loan and Lease Losses |
|
66 |
78 |
108 |
120 |
121 |
139 |
138 |
169 |
190 |
182 |
Premises and Equipment, Net |
|
258 |
260 |
268 |
269 |
258 |
258 |
268 |
267 |
259 |
246 |
Other Assets |
|
304 |
329 |
367 |
364 |
400 |
445 |
436 |
417 |
408 |
414 |
Total Liabilities & Shareholders' Equity |
|
9,121 |
9,315 |
10,364 |
10,819 |
10,950 |
11,506 |
11,869 |
12,607 |
13,596 |
13,831 |
Total Liabilities |
|
8,329 |
8,512 |
9,541 |
9,987 |
10,100 |
10,578 |
10,908 |
11,600 |
12,564 |
12,764 |
Non-Interest Bearing Deposits |
|
119 |
170 |
176 |
230 |
240 |
227 |
264 |
259 |
386 |
393 |
Interest Bearing Deposits |
|
8,036 |
8,235 |
9,246 |
9,649 |
9,764 |
10,157 |
10,443 |
11,142 |
12,010 |
12,201 |
Long-Term Debt |
|
86 |
- |
- |
- |
- |
120 |
118 |
- |
110 |
108 |
Other Long-Term Liabilities |
|
87 |
72 |
89 |
79 |
71 |
74 |
83 |
84 |
58 |
61 |
Total Equity & Noncontrolling Interests |
|
792 |
802 |
823 |
832 |
850 |
928 |
961 |
1,008 |
1,031 |
1,067 |
Total Preferred & Common Equity |
|
792 |
802 |
823 |
832 |
850 |
928 |
961 |
1,008 |
1,027 |
1,063 |
Preferred Stock |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Total Common Equity |
|
792 |
802 |
823 |
832 |
850 |
928 |
961 |
1,008 |
1,027 |
1,063 |
Common Stock |
|
321 |
326 |
335 |
341 |
341 |
350 |
356 |
362 |
371 |
378 |
Retained Earnings |
|
530 |
572 |
573 |
589 |
628 |
669 |
695 |
707 |
724 |
746 |
Accumulated Other Comprehensive Income / (Loss) |
|
-59 |
-95 |
-84 |
-98 |
-118 |
-91 |
-91 |
-61 |
-68 |
-62 |
Noncontrolling Interest |
|
- |
- |
- |
- |
- |
- |
- |
- |
4.42 |
4.38 |
Annual Metrics And Ratios for Live Oak Bancshares
This table displays calculated financial ratios and metrics derived from Live Oak Bancshares' official financial filings.
Metric |
|
2014 |
2015 |
2016 |
2017 |
2018 |
2019 |
2020 |
2021 |
2022 |
2023 |
2024 |
Growth Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Revenue Growth |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
23.74% |
-19.18% |
9.33% |
EBITDA Growth |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
-1.71% |
-55.61% |
7.38% |
EBIT Growth |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
-0.22% |
-60.62% |
7.73% |
NOPAT Growth |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
5.52% |
-116.12% |
4.76% |
Net Income Growth |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
5.52% |
-58.06% |
4.76% |
EPS Growth |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
5.66% |
-58.16% |
3.05% |
Operating Cash Flow Growth |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
203.98% |
796.22% |
-13.48% |
Free Cash Flow Firm Growth |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
93.53% |
-174.72% |
Invested Capital Growth |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
14.18% |
20.55% |
Revenue Q/Q Growth |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
1.71% |
EBITDA Q/Q Growth |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
-2.59% |
EBIT Q/Q Growth |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
-4.55% |
NOPAT Q/Q Growth |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
-7.55% |
Net Income Q/Q Growth |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
-7.55% |
EPS Q/Q Growth |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
-7.65% |
Operating Cash Flow Q/Q Growth |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.08% |
Free Cash Flow Firm Q/Q Growth |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
97.71% |
-53.26% |
Invested Capital Q/Q Growth |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
15.05% |
10.77% |
Profitability Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
EBITDA Margin |
|
25.39% |
37.34% |
18.04% |
43.43% |
30.95% |
21.58% |
25.80% |
52.22% |
41.47% |
45.56% |
22.37% |
EBIT Margin |
|
23.32% |
31.29% |
12.63% |
39.15% |
22.54% |
11.53% |
16.88% |
46.13% |
74.39% |
36.25% |
17.86% |
Profit (Net Income) Margin |
|
13.44% |
18.74% |
10.11% |
40.05% |
25.18% |
8.86% |
21.21% |
36.54% |
31.16% |
16.17% |
15.49% |
Tax Burden Percent |
|
57.63% |
59.89% |
159.98% |
102.28% |
111.73% |
76.85% |
125.65% |
79.22% |
167.56% |
89.22% |
86.76% |
Interest Burden Percent |
|
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
200.00% |
100.00% |
100.00% |
Effective Tax Rate |
|
42.37% |
40.11% |
40.02% |
-2.28% |
-11.73% |
23.15% |
-25.65% |
20.78% |
16.22% |
10.78% |
13.24% |
Return on Invested Capital (ROIC) |
|
7.19% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
8.51% |
7.58% |
ROIC Less NNEP Spread (ROIC-NNEP) |
|
7.19% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
8.51% |
7.58% |
Return on Net Nonoperating Assets (RNNOA) |
|
3.75% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.12% |
0.54% |
Return on Equity (ROE) |
|
10.94% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
8.62% |
8.12% |
Cash Return on Invested Capital (CROIC) |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
-156.55% |
-4.73% |
-11.05% |
Operating Return on Assets (OROA) |
|
2.59% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.78% |
0.74% |
Return on Assets (ROA) |
|
1.49% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
2.01% |
0.64% |
Return on Common Equity (ROCE) |
|
10.94% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
8.62% |
8.10% |
Return on Equity Simple (ROE_SIMPLE) |
|
10.94% |
10.33% |
0.00% |
23.00% |
10.42% |
0.00% |
10.49% |
23.35% |
21.73% |
8.19% |
7.75% |
Net Operating Profit after Tax (NOPAT) |
|
10 |
21 |
14 |
100 |
51 |
18 |
60 |
167 |
176 |
74 |
77 |
NOPAT Margin |
|
13.44% |
18.74% |
10.11% |
40.05% |
25.18% |
8.86% |
21.21% |
36.54% |
31.16% |
16.17% |
15.49% |
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 |
|
58.79% |
55.69% |
129.02% |
44.34% |
61.37% |
67.39% |
60.60% |
39.76% |
86.48% |
110.22% |
52.47% |
Operating Expenses to Revenue |
|
72.94% |
65.24% |
78.16% |
57.05% |
74.74% |
81.00% |
68.64% |
50.55% |
55.57% |
141.29% |
62.89% |
Earnings before Interest and Taxes (EBIT) |
|
17 |
34 |
17 |
98 |
46 |
23 |
47 |
211 |
210 |
83 |
89 |
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA) |
|
19 |
41 |
25 |
109 |
63 |
44 |
72 |
239 |
235 |
104 |
112 |
Valuation Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Price to Book Value (P/BV) |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
1.62 |
2.23 |
1.79 |
Price to Tangible Book Value (P/TBV) |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
1.62 |
4.47 |
1.79 |
Price to Revenue (P/Rev) |
|
0.00 |
4.25 |
4.50 |
3.68 |
2.84 |
3.70 |
6.79 |
8.21 |
2.33 |
4.41 |
3.57 |
Price to Earnings (P/E) |
|
0.00 |
22.64 |
44.45 |
9.19 |
11.27 |
41.72 |
32.01 |
22.46 |
7.48 |
27.28 |
23.05 |
Dividend Yield |
|
0.00% |
0.15% |
0.89% |
0.52% |
0.83% |
0.64% |
0.26% |
0.14% |
0.80% |
0.26% |
0.30% |
Earnings Yield |
|
0.00% |
4.42% |
2.25% |
10.89% |
8.87% |
2.40% |
3.12% |
4.45% |
26.73% |
3.67% |
4.34% |
Enterprise Value to Invested Capital (EV/IC) |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
1.11 |
1.57 |
1.16 |
Enterprise Value to Revenue (EV/Rev) |
|
0.00 |
4.25 |
4.50 |
3.68 |
2.84 |
3.70 |
6.79 |
8.21 |
1.59 |
3.19 |
2.59 |
Enterprise Value to EBITDA (EV/EBITDA) |
|
0.00 |
11.38 |
24.92 |
8.47 |
9.17 |
17.12 |
26.31 |
15.72 |
3.83 |
13.99 |
11.57 |
Enterprise Value to EBIT (EV/EBIT) |
|
0.00 |
13.57 |
35.58 |
9.40 |
12.60 |
32.06 |
40.22 |
17.79 |
4.27 |
17.59 |
14.50 |
Enterprise Value to NOPAT (EV/NOPAT) |
|
0.00 |
22.66 |
44.48 |
9.19 |
11.27 |
41.72 |
32.01 |
22.46 |
5.09 |
19.71 |
16.71 |
Enterprise Value to Operating Cash Flow (EV/OCF) |
|
0.00 |
0.00 |
0.00 |
0.00 |
92.15 |
0.00 |
0.00 |
0.00 |
17.80 |
2.35 |
2.41 |
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 |
|
0.52 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.03 |
0.11 |
Long-Term Debt to Equity |
|
0.46 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.03 |
0.11 |
Financial Leverage |
|
0.52 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.01 |
0.07 |
Leverage Ratio |
|
7.33 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
12.33 |
12.70 |
Compound Leverage Factor |
|
7.33 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
24.82 |
12.70 |
Debt to Total Capital |
|
34.31% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
2.52% |
10.11% |
Short-Term Debt to Total Capital |
|
4.36% |
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 |
|
29.94% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
2.52% |
10.11% |
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 |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.40% |
Common Equity to Total Capital |
|
65.69% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
197.48% |
89.49% |
Debt to EBITDA |
|
2.53 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.22 |
1.01 |
Net Debt to EBITDA |
|
0.42 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
-5.37 |
-4.44 |
Long-Term Debt to EBITDA |
|
2.20 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.22 |
1.01 |
Debt to NOPAT |
|
4.77 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.32 |
1.46 |
Net Debt to NOPAT |
|
0.80 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
-7.57 |
-6.41 |
Long-Term Debt to NOPAT |
|
4.16 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.32 |
1.46 |
Noncontrolling Interest Sharing Ratio |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.23% |
Liquidity Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Cash Flow Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Free Cash Flow to Firm (FCFF) |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
-635 |
-41 |
-113 |
Operating Cash Flow to CapEx |
|
-2,153.04% |
-1,099.05% |
-4,076.59% |
-231.62% |
5.70% |
-1,297.20% |
-1,243.73% |
-3,993.23% |
569.06% |
1,326.67% |
1,111.53% |
Free Cash Flow to Firm to Interest Expense |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
-5.43 |
-2.54 |
-0.26 |
Operating Cash Flow to Interest Expense |
|
-44.69 |
-37.77 |
-30.36 |
-11.30 |
0.12 |
-5.49 |
-2.79 |
-1.86 |
2.13 |
3.62 |
1.23 |
Operating Cash Flow Less CapEx to Interest Expense |
|
-46.76 |
-41.20 |
-31.85 |
-16.18 |
-1.91 |
-5.91 |
-3.01 |
-1.90 |
0.69 |
3.34 |
1.12 |
Efficiency Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Asset Turnover |
|
0.11 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.04 |
0.04 |
Fixed Asset Turnover |
|
2.12 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
2.25 |
1.75 |
1.91 |
Capital & Investment Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Invested Capital |
|
140 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
811 |
926 |
1,116 |
Invested Capital Turnover |
|
0.53 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.53 |
0.49 |
Increase / (Decrease) in Invested Capital |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
811 |
115 |
190 |
Enterprise Value (EV) |
|
0.00 |
467 |
612 |
923 |
580 |
752 |
1,906 |
3,751 |
897 |
1,457 |
1,294 |
Market Capitalization |
|
0.00 |
467 |
612 |
923 |
580 |
752 |
1,906 |
3,751 |
1,318 |
2,016 |
1,786 |
Book Value per Share |
|
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$18.44 |
$20.29 |
$22.11 |
Tangible Book Value per Share |
|
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$18.44 |
$20.29 |
$22.11 |
Total Capital |
|
140 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
811 |
926 |
1,116 |
Total Debt |
|
48 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
23 |
113 |
Total Long-Term Debt |
|
42 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
23 |
113 |
Net Debt |
|
8.05 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
-421 |
-559 |
-496 |
Capital Expenditures (CapEx) |
|
12 |
30 |
11 |
124 |
110 |
37 |
21 |
3.00 |
44 |
47 |
48 |
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) |
|
48 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
23 |
113 |
Total Depreciation and Amortization (D&A) |
|
1.55 |
6.65 |
7.36 |
11 |
17 |
20 |
25 |
28 |
24 |
21 |
23 |
Earnings Adjustments |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Adjusted Basic Earnings per Share |
|
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$4.02 |
$1.67 |
$1.72 |
Adjusted Weighted Average Basic Shares Outstanding |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
44.15M |
44.77M |
45.57M |
Adjusted Diluted Earnings per Share |
|
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$3.92 |
$1.64 |
$1.69 |
Adjusted Weighted Average Diluted Shares Outstanding |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
44.15M |
44.77M |
45.57M |
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 |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
44.15M |
44.77M |
45.57M |
Normalized Net Operating Profit after Tax (NOPAT) |
|
10 |
21 |
16 |
72 |
34 |
18 |
33 |
170 |
190 |
87 |
78 |
Normalized NOPAT Margin |
|
13.44% |
18.74% |
23.97% |
28.62% |
16.69% |
9.08% |
11.82% |
37.10% |
33.56% |
19.03% |
15.59% |
Pre Tax Income Margin |
|
23.32% |
31.29% |
25.27% |
39.15% |
22.54% |
11.53% |
16.88% |
46.13% |
74.39% |
36.25% |
17.86% |
Debt Service Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
EBIT to Interest Expense |
|
2.98 |
3.88 |
1.18 |
3.86 |
0.84 |
0.27 |
0.51 |
3.27 |
3.60 |
0.48 |
0.20 |
NOPAT to Interest Expense |
|
1.72 |
2.32 |
0.94 |
3.95 |
0.94 |
0.21 |
0.64 |
2.59 |
3.01 |
0.22 |
0.18 |
EBIT Less CapEx to Interest Expense |
|
0.90 |
0.45 |
0.43 |
-1.02 |
-1.18 |
-0.16 |
0.28 |
3.23 |
2.85 |
0.21 |
0.09 |
NOPAT Less CapEx to Interest Expense |
|
-0.36 |
-1.11 |
0.39 |
-0.93 |
-1.08 |
-0.22 |
0.41 |
2.55 |
2.26 |
0.16 |
0.07 |
Payout Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Dividend Payout Ratio |
|
436.40% |
13.26% |
39.77% |
3.76% |
9.35% |
26.77% |
8.24% |
3.11% |
5.98% |
7.21% |
6.98% |
Augmented Payout Ratio |
|
436.40% |
13.26% |
19.89% |
3.76% |
9.35% |
26.77% |
8.24% |
3.11% |
5.98% |
14.41% |
6.98% |
Quarterly Metrics And Ratios for Live Oak Bancshares
This table displays calculated financial ratios and metrics derived from Live Oak Bancshares' official financial filings.
Metric |
|
Q4 2022 |
Q1 2023 |
Q2 2023 |
Q3 2023 |
Q4 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Q4 2024 |
Q1 2025 |
Q2 2025 |
Growth Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Revenue Growth |
|
0.00% |
0.00% |
-95.95% |
-10.10% |
14.01% |
14.38% |
15.69% |
2.07% |
7.01% |
8.52% |
14.56% |
EBITDA Growth |
|
0.00% |
0.00% |
-160.45% |
-18.34% |
262.92% |
395.59% |
141.15% |
-87.68% |
-13.05% |
-25.10% |
-8.29% |
EBIT Growth |
|
0.00% |
0.00% |
-168.98% |
-3.68% |
2,338.49% |
1,535.62% |
180.10% |
-174.83% |
-24.34% |
-40.60% |
-13.47% |
NOPAT Growth |
|
0.00% |
0.00% |
-163.84% |
-14.35% |
801.95% |
13,662.31% |
53.69% |
-67.27% |
-39.10% |
-64.95% |
-13.26% |
Net Income Growth |
|
0.00% |
0.00% |
-163.84% |
-14.35% |
801.95% |
13,662.31% |
161.06% |
-134.54% |
-39.10% |
-64.95% |
-13.26% |
EPS Growth |
|
0.00% |
0.00% |
-163.89% |
-16.67% |
800.00% |
17,700.00% |
102.56% |
-204.55% |
-38.89% |
-65.00% |
-13.56% |
Operating Cash Flow Growth |
|
0.00% |
0.00% |
0.00% |
0.00% |
550.86% |
-85.28% |
-77.09% |
0.00% |
0.26% |
15.50% |
148.19% |
Free Cash Flow Firm Growth |
|
0.00% |
0.00% |
0.00% |
0.00% |
87.79% |
0.00% |
146.17% |
82.19% |
-82.60% |
91.76% |
66.84% |
Invested Capital Growth |
|
0.00% |
0.00% |
0.00% |
0.00% |
14.18% |
0.00% |
88.76% |
37.02% |
20.55% |
8.94% |
8.91% |
Revenue Q/Q Growth |
|
-25.87% |
0.00% |
13.51% |
17.37% |
-11.97% |
-5.81% |
15.96% |
10.65% |
-1.44% |
-1.53% |
13.98% |
EBITDA Q/Q Growth |
|
-87.48% |
0.00% |
338.89% |
153.56% |
-93.55% |
34.92% |
108.67% |
-83.59% |
-17.59% |
1.18% |
88.98% |
EBIT Q/Q Growth |
|
-98.38% |
0.00% |
850.26% |
125.37% |
-118.22% |
52.88% |
63.11% |
-101.04% |
-25.85% |
-0.73% |
137.60% |
NOPAT Q/Q Growth |
|
-95.82% |
0.00% |
8,616.08% |
253.64% |
-118.76% |
212.02% |
-4.52% |
-155.08% |
-24.43% |
-1.78% |
141.90% |
Net Income Q/Q Growth |
|
-95.82% |
0.00% |
4,308.04% |
253.64% |
-59.38% |
141.35% |
-4.52% |
-103.39% |
-24.43% |
-1.78% |
141.90% |
EPS Q/Q Growth |
|
-95.83% |
0.00% |
7,600.00% |
125.64% |
-118.18% |
133.33% |
-3.33% |
-105.08% |
-21.43% |
-4.55% |
142.86% |
Operating Cash Flow Q/Q Growth |
|
26.63% |
0.00% |
-27.74% |
0.00% |
0.00% |
-139.83% |
-7.72% |
383.20% |
-10.64% |
-38.50% |
98.30% |
Free Cash Flow Firm Q/Q Growth |
|
0.00% |
0.00% |
0.00% |
1.07% |
78.44% |
-962.72% |
235.51% |
102.55% |
-25.00% |
53.41% |
13.47% |
Invested Capital Q/Q Growth |
|
0.00% |
0.00% |
0.00% |
4.30% |
15.05% |
45.36% |
8.83% |
-13.17% |
10.77% |
2.27% |
2.91% |
Profitability Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
EBITDA Margin |
|
5.97% |
17.67% |
44.60% |
67.18% |
19.02% |
46.01% |
65.76% |
55.45% |
15.45% |
15.88% |
26.32% |
EBIT Margin |
|
0.68% |
3.56% |
34.99% |
67.18% |
29.22% |
38.05% |
86.21% |
41.19% |
10.33% |
10.41% |
21.71% |
Profit (Net Income) Margin |
|
1.71% |
0.39% |
32.35% |
62.52% |
27.01% |
71.22% |
64.46% |
20.05% |
7.69% |
7.67% |
16.27% |
Tax Burden Percent |
|
249.93% |
22.03% |
92.47% |
186.12% |
184.89% |
374.35% |
224.33% |
219.02% |
74.40% |
73.62% |
74.95% |
Interest Burden Percent |
|
100.00% |
100.00% |
200.00% |
200.00% |
100.00% |
300.00% |
200.00% |
300.00% |
100.00% |
100.00% |
100.00% |
Effective Tax Rate |
|
-149.93% |
177.97% |
7.53% |
13.88% |
15.11% |
-49.57% |
75.67% |
80.98% |
25.60% |
26.38% |
25.05% |
Return on Invested Capital (ROIC) |
|
2.38% |
0.00% |
0.00% |
0.00% |
20.78% |
42.74% |
21.98% |
10.60% |
3.76% |
3.57% |
7.62% |
ROIC Less NNEP Spread (ROIC-NNEP) |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
21.37% |
21.98% |
0.00% |
3.76% |
3.57% |
7.62% |
Return on Net Nonoperating Assets (RNNOA) |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
4.24% |
1.44% |
0.00% |
0.27% |
0.42% |
0.85% |
Return on Equity (ROE) |
|
0.00% |
0.00% |
0.00% |
0.00% |
7.20% |
46.97% |
23.42% |
0.00% |
4.03% |
3.99% |
8.47% |
Cash Return on Invested Capital (CROIC) |
|
-156.55% |
0.00% |
-400.00% |
-400.00% |
-4.73% |
-361.42% |
-42.63% |
-23.78% |
-11.05% |
-3.13% |
-3.57% |
Operating Return on Assets (OROA) |
|
0.04% |
0.00% |
0.00% |
0.00% |
1.82% |
0.82% |
3.71% |
1.72% |
0.43% |
0.42% |
0.89% |
Return on Assets (ROA) |
|
0.11% |
0.00% |
0.00% |
0.00% |
1.68% |
1.02% |
2.78% |
0.84% |
0.32% |
0.31% |
0.67% |
Return on Common Equity (ROCE) |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
71.11% |
35.13% |
0.00% |
4.02% |
3.98% |
8.45% |
Return on Equity Simple (ROE_SIMPLE) |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
21.79% |
23.00% |
24.93% |
0.00% |
5.79% |
5.26% |
Net Operating Profit after Tax (NOPAT) |
|
1.79 |
0.40 |
18 |
40 |
16 |
28 |
27 |
13 |
9.84 |
9.67 |
23 |
NOPAT Margin |
|
1.71% |
0.78% |
32.35% |
31.26% |
27.01% |
23.74% |
21.49% |
20.05% |
7.69% |
7.67% |
16.27% |
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 |
|
61.35% |
126.48% |
58.16% |
97.59% |
104.33% |
171.54% |
104.37% |
99.59% |
51.19% |
55.67% |
50.26% |
Operating Expenses to Revenue |
|
80.58% |
77.72% |
140.99% |
116.67% |
155.75% |
133.79% |
185.66% |
179.15% |
63.45% |
66.62% |
62.12% |
Earnings before Interest and Taxes (EBIT) |
|
0.72 |
3.61 |
19 |
43 |
17 |
22 |
36 |
18 |
13 |
13 |
31 |
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA) |
|
6.27 |
8.98 |
24 |
43 |
23 |
27 |
41 |
24 |
20 |
20 |
38 |
Valuation Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Price to Book Value (P/BV) |
|
1.62 |
0.00 |
2.79 |
1.50 |
2.23 |
2.00 |
1.64 |
4.23 |
1.79 |
1.18 |
1.28 |
Price to Tangible Book Value (P/TBV) |
|
1.62 |
0.00 |
2.79 |
1.50 |
2.23 |
2.00 |
1.64 |
6.35 |
1.79 |
1.18 |
1.28 |
Price to Revenue (P/Rev) |
|
2.33 |
0.00 |
0.00 |
0.00 |
4.41 |
3.93 |
3.22 |
4.34 |
3.57 |
2.38 |
2.57 |
Price to Earnings (P/E) |
|
7.48 |
0.00 |
0.00 |
0.00 |
27.28 |
18.33 |
14.25 |
50.92 |
23.05 |
20.38 |
24.24 |
Dividend Yield |
|
0.40% |
0.50% |
0.92% |
0.83% |
0.26% |
0.87% |
0.69% |
0.76% |
0.30% |
0.45% |
0.40% |
Earnings Yield |
|
13.37% |
0.00% |
0.00% |
0.00% |
7.34% |
5.46% |
14.04% |
7.86% |
4.34% |
4.91% |
4.13% |
Enterprise Value to Invested Capital (EV/IC) |
|
1.11 |
0.00 |
0.84 |
1.74 |
3.16 |
1.31 |
1.00 |
4.36 |
1.16 |
0.51 |
0.69 |
Enterprise Value to Revenue (EV/Rev) |
|
1.59 |
0.00 |
0.00 |
0.00 |
3.19 |
2.92 |
6.61 |
8.95 |
2.59 |
1.15 |
1.53 |
Enterprise Value to EBITDA (EV/EBITDA) |
|
3.83 |
0.00 |
0.00 |
0.00 |
27.78 |
11.28 |
18.18 |
38.30 |
11.57 |
5.57 |
7.95 |
Enterprise Value to EBIT (EV/EBIT) |
|
4.27 |
0.00 |
0.00 |
0.00 |
34.91 |
13.57 |
18.18 |
47.01 |
14.50 |
7.29 |
10.72 |
Enterprise Value to NOPAT (EV/NOPAT) |
|
5.09 |
0.00 |
0.00 |
0.00 |
19.71 |
13.60 |
9.74 |
52.49 |
16.71 |
9.83 |
14.45 |
Enterprise Value to Operating Cash Flow (EV/OCF) |
|
7.21 |
0.00 |
0.00 |
0.00 |
4.66 |
2.49 |
0.00 |
5.47 |
2.41 |
1.06 |
1.20 |
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 |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.03 |
0.39 |
0.37 |
0.00 |
0.11 |
0.11 |
0.10 |
Long-Term Debt to Equity |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.03 |
0.39 |
0.12 |
0.00 |
0.11 |
0.11 |
0.10 |
Financial Leverage |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.01 |
0.20 |
0.13 |
0.00 |
0.07 |
0.12 |
0.11 |
Leverage Ratio |
|
11.84 |
0.00 |
13.00 |
25.75 |
24.82 |
24.90 |
37.95 |
25.36 |
12.70 |
12.81 |
12.67 |
Compound Leverage Factor |
|
11.84 |
0.00 |
25.99 |
25.75 |
24.82 |
24.90 |
25.30 |
38.03 |
12.70 |
12.81 |
12.67 |
Debt to Total Capital |
|
0.00% |
0.00% |
0.00% |
0.00% |
2.52% |
11.47% |
21.83% |
0.00% |
10.11% |
9.66% |
9.16% |
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 |
|
0.00% |
0.00% |
0.00% |
0.00% |
2.52% |
22.95% |
32.74% |
0.00% |
10.11% |
9.66% |
9.16% |
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 |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.40% |
0.39% |
0.37% |
Common Equity to Total Capital |
|
100.00% |
0.00% |
200.00% |
200.00% |
97.48% |
177.05% |
178.17% |
300.00% |
89.49% |
89.96% |
90.46% |
Debt to EBITDA |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.22 |
0.99 |
0.99 |
0.00 |
1.01 |
1.05 |
1.06 |
Net Debt to EBITDA |
|
0.00 |
0.00 |
0.00 |
0.00 |
-5.37 |
-11.75 |
-8.41 |
0.00 |
-4.44 |
-6.04 |
-5.46 |
Long-Term Debt to EBITDA |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.22 |
2.96 |
1.99 |
0.00 |
1.01 |
1.05 |
1.06 |
Debt to NOPAT |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.32 |
2.38 |
3.20 |
0.00 |
1.46 |
1.85 |
1.93 |
Net Debt to NOPAT |
|
0.00 |
0.00 |
0.00 |
0.00 |
-7.57 |
-4.72 |
-9.01 |
0.00 |
-6.41 |
-10.66 |
-9.93 |
Long-Term Debt to NOPAT |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.32 |
2.38 |
3.20 |
0.00 |
1.46 |
1.85 |
1.93 |
Noncontrolling Interest Sharing Ratio |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.23% |
0.23% |
0.22% |
Liquidity Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Cash Flow Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Free Cash Flow to Firm (FCFF) |
|
-809 |
0.00 |
-815 |
-811 |
-99 |
-1,020 |
-219 |
-144 |
-180 |
-84 |
-73 |
Operating Cash Flow to CapEx |
|
322.13% |
3,045.77% |
2,079.57% |
0.00% |
787.88% |
878.28% |
974.96% |
8,944.00% |
4,317.86% |
5,066.46% |
0.00% |
Free Cash Flow to Firm to Interest Expense |
|
-15.96 |
0.00 |
-9.54 |
-8.89 |
-10.16 |
-29.92 |
-4.10 |
-2.58 |
-1.57 |
-0.75 |
-0.63 |
Operating Cash Flow to Interest Expense |
|
0.52 |
4.57 |
3.20 |
0.00 |
3.51 |
2.67 |
1.57 |
1.71 |
1.48 |
0.93 |
1.81 |
Operating Cash Flow Less CapEx to Interest Expense |
|
0.36 |
4.27 |
3.04 |
0.00 |
1.53 |
0.69 |
1.24 |
4.95 |
1.45 |
0.91 |
1.83 |
Efficiency Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Asset Turnover |
|
0.06 |
0.00 |
0.00 |
0.00 |
0.12 |
0.21 |
0.09 |
0.04 |
0.04 |
0.04 |
0.04 |
Fixed Asset Turnover |
|
2.25 |
0.00 |
0.00 |
0.00 |
1.75 |
1.79 |
1.82 |
5.61 |
1.91 |
1.97 |
2.05 |
Capital & Investment Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Invested Capital |
|
811 |
0.00 |
832 |
850 |
926 |
1,048 |
1,079 |
1,008 |
1,116 |
1,142 |
1,175 |
Invested Capital Turnover |
|
1.39 |
0.00 |
0.00 |
0.00 |
0.53 |
1.80 |
1.02 |
1.06 |
0.49 |
0.47 |
0.47 |
Increase / (Decrease) in Invested Capital |
|
811 |
0.00 |
832 |
850 |
115 |
1,048 |
246 |
157 |
190 |
94 |
96 |
Enterprise Value (EV) |
|
897 |
1,069 |
348 |
741 |
1,457 |
1,375 |
1,077 |
2,930 |
1,294 |
585 |
808 |
Market Capitalization |
|
1,318 |
1,069 |
1,160 |
1,279 |
2,016 |
1,853 |
1,575 |
2,132 |
1,786 |
1,215 |
1,359 |
Book Value per Share |
|
$18.44 |
$0.00 |
$18.79 |
$19.17 |
$20.29 |
$20.72 |
$21.37 |
$22.38 |
$22.11 |
$22.54 |
$23.30 |
Tangible Book Value per Share |
|
$18.44 |
$0.00 |
$18.79 |
$19.17 |
$20.29 |
$20.72 |
$21.37 |
$22.38 |
$22.11 |
$22.54 |
$23.30 |
Total Capital |
|
811 |
0.00 |
832 |
850 |
926 |
1,048 |
1,079 |
1,008 |
1,116 |
1,142 |
1,175 |
Total Debt |
|
0.00 |
0.00 |
0.00 |
0.00 |
23 |
120 |
118 |
0.00 |
113 |
110 |
108 |
Total Long-Term Debt |
|
0.00 |
0.00 |
0.00 |
0.00 |
23 |
120 |
118 |
0.00 |
113 |
110 |
108 |
Net Debt |
|
-421 |
0.00 |
-812 |
-539 |
-559 |
-477 |
-498 |
-667 |
-496 |
-634 |
-555 |
Capital Expenditures (CapEx) |
|
8.12 |
10 |
6.56 |
0.00 |
22 |
21 |
17 |
6.41 |
3.95 |
2.07 |
-2.71 |
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) |
|
0.00 |
0.00 |
0.00 |
0.00 |
23 |
120 |
118 |
0.00 |
113 |
110 |
108 |
Total Depreciation and Amortization (D&A) |
|
5.55 |
5.36 |
5.22 |
0.00 |
5.28 |
4.63 |
5.20 |
6.17 |
6.56 |
6.89 |
6.64 |
Earnings Adjustments |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Adjusted Basic Earnings per Share |
|
$0.04 |
$0.00 |
$0.40 |
$0.89 |
$0.37 |
$0.62 |
$0.60 |
$0.28 |
$0.22 |
$0.21 |
$0.51 |
Adjusted Weighted Average Basic Shares Outstanding |
|
44.15M |
0.00 |
44.36M |
44.48M |
44.77M |
44.97M |
45.04M |
45.19M |
45.57M |
45.61M |
45.73M |
Adjusted Diluted Earnings per Share |
|
$0.04 |
$0.00 |
$0.39 |
$0.88 |
$0.36 |
$0.60 |
$0.59 |
$0.28 |
$0.22 |
$0.21 |
$0.51 |
Adjusted Weighted Average Diluted Shares Outstanding |
|
44.15M |
0.00 |
44.36M |
44.48M |
44.77M |
44.97M |
45.04M |
45.19M |
45.57M |
45.61M |
45.73M |
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 |
|
44.15M |
0.00 |
44.36M |
44.48M |
44.77M |
44.97M |
45.04M |
45.19M |
45.57M |
45.61M |
45.73M |
Normalized Net Operating Profit after Tax (NOPAT) |
|
6.41 |
2.53 |
18 |
40 |
16 |
15 |
27 |
13 |
9.84 |
9.67 |
23 |
Normalized NOPAT Margin |
|
6.11% |
4.98% |
32.35% |
62.52% |
27.01% |
26.63% |
42.98% |
20.05% |
7.69% |
7.67% |
16.27% |
Pre Tax Income Margin |
|
0.68% |
7.11% |
34.99% |
67.18% |
14.61% |
57.07% |
57.47% |
27.46% |
10.33% |
10.41% |
21.71% |
Debt Service Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
EBIT to Interest Expense |
|
0.01 |
0.05 |
0.22 |
0.47 |
0.18 |
0.65 |
0.67 |
0.32 |
0.11 |
0.12 |
0.27 |
NOPAT to Interest Expense |
|
0.04 |
0.01 |
0.21 |
0.87 |
0.33 |
0.54 |
0.50 |
0.35 |
0.09 |
0.09 |
0.20 |
EBIT Less CapEx to Interest Expense |
|
-0.15 |
-0.10 |
0.29 |
0.94 |
-0.09 |
0.03 |
0.53 |
0.20 |
0.08 |
0.10 |
0.29 |
NOPAT Less CapEx to Interest Expense |
|
-0.12 |
-0.29 |
0.26 |
0.87 |
-0.06 |
0.13 |
0.18 |
0.18 |
0.05 |
0.07 |
0.23 |
Payout Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Dividend Payout Ratio |
|
2.99% |
0.00% |
0.00% |
0.00% |
7.21% |
15.86% |
0.00% |
19.29% |
6.98% |
9.12% |
9.74% |
Augmented Payout Ratio |
|
2.99% |
0.00% |
0.00% |
0.00% |
14.41% |
15.86% |
0.00% |
19.29% |
6.98% |
9.12% |
9.74% |
Key Financial Trends
Live Oak Bancshares (NYSE: LOB) has shown solid financial performance over the past few years with steady growth in key metrics. Here is an overview of the key financial trends and notable points based on recent quarterly data through Q2 2025, as well as historical performance for the last four years.
- Increasing Net Income: Consolidated net income has increased significantly, from $1.8 million in Q4 2022 to $23.4 million in Q2 2025, showing robust profitability growth.
- Rising Loans and Leases: Net loans and leases have grown from around $5.8 billion in Q2 2022 to over $10.8 billion by Q2 2025, indicating strong loan growth and lending activity.
- Growing Deposit Base: Total deposits have increased from roughly $8 billion in mid-2022 to over $12 billion in Q2 2025, supporting asset growth and liquidity.
- Improved Earnings Per Share (EPS): Diluted EPS grew from $0.04 in Q1 2023 to $0.51 in Q2 2025, reflecting improved profitability per share, enabled by higher net income and stable share count.
- Stable Capital Base: Total common equity grew from approximately $791 million in Q2 2022 to about $1.06 billion by Q2 2025, supporting the bank's growth and regulatory requirements.
- Consistent Operating Cash Flow: Net cash from continuing operating activities increased to $208 million in Q2 2025, indicating strong cash generation from core business operations.
- High Investment Activity: The bank is actively purchasing investment securities (over $500 million per quarter recently), combined with substantial sales and maturities, reflecting active portfolio management. This is typical but increases complexity.
- Dividend Payments: The company has consistently paid cash dividends of $0.03 per share each quarter, reflecting steady shareholder returns.
- Provision for Loan Losses Volatility: The provision for loan losses shows variability, ranging from about $5 million to over $34 million quarterly, which could reflect changing credit risk or economic conditions.
- Significant Investing Cash Outflows: Large cash outflows from investing activities (over $385 million to $828 million quarterly) could pressure liquidity but are matched with financing activities and deposit inflows.
Overall Analysis: Live Oak Bancshares has demonstrated consistent growth in profitability, loan portfolio, and deposits over the recent years, alongside improving earnings per share and a solid capital base. The company effectively manages its investments and financing to support its asset growth. Provision expenses for loan losses remain a point to watch due to some volatility, likely related to economic cycles or credit risk management. Steady dividends underline a commitment to shareholder returns.
Investors may view Live Oak Bancshares as a growing regional bank with improving earnings power and balance sheet strength, though with some caution warranted around credit provisions and investment activities.
09/25/25 09:57 PM ETAI Generated. May Contain Errors.