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 demonstrated consistent growth in net income and key financial metrics over the past four years, driven primarily by solid loan portfolio performance and effective expense management.
- Net Income Growth: The company reported a consolidated net income of $23.39 million in Q2 2025, up significantly from $17.54 million in Q2 2024 and $9.70 million in Q2 2023, indicating strong bottom-line improvement.
- Net Interest Income Increase: Net interest income rose to $109.22 million in Q2 2025, up from $91.32 million in Q2 2024 and $79.93 million in Q2 2023, reflecting successful loan interest income growth.
- Loan Portfolio Expansion: Loans and leases increased from $7.83 billion in Q2 2024 to $11.01 billion in Q2 2025, signaling aggressive lending growth.
- Deposit Growth: Interest bearing deposits rose substantially from $9.65 billion at Q2 2023 to $12.20 billion in Q2 2025, supporting balance sheet strength.
- Improved Operating Cash Flow: Net cash from operating activities grew to $208.17 million in Q2 2025 compared to $83.88 million in Q2 2024, demonstrating stronger cash generation.
- Non-Interest Income Stability: Non-interest income remained near $34 million in Q2 2025, consistent with prior periods, providing predictable fee revenue.
- Capitalization: Total equity increased from $832 million in Q2 2023 to $1.06 billion in Q2 2025, sustaining solid capital buffers.
- Rising Provision for Credit Losses: Credit loss provisions increased to $23.25 million in Q2 2025 from $11.77 million in Q2 2024 and $13.03 million in Q2 2023, reflecting higher credit risk or conservative reserving.
- Increasing Interest Expense: Interest expense on deposits rose from $85.41 million in Q2 2023 to $113.38 million in Q2 2025, impacting net interest margin.
- Negative Cash Flow from Investing Activities: Significant cash was used for purchase of investment securities each quarter, resulting in a net cash outflow of $485 million in Q2 2025, which could pressure liquidity if prolonged.
Overall, Live Oak Bancshares exhibits solid growth in its loan portfolio, deposits, and net income, accompanied by steady operational cash flow and capital position improvements. However, investors should monitor increasing credit loss provisions and rising interest expenses, which may impact future profitability. The large cash outflows for investing activities reflect expansion efforts but may also require careful liquidity management.
09/03/25 12:55 PM ETAI Generated. May Contain Errors.