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 (LOB) has demonstrated consistent growth in its financial performance over the past four years, with key improvements in net income and earnings per share.
- Net Income Growth: LOB’s consolidated net income increased significantly from $1.79 million in Q4 2022 to $23.39 million by Q2 2025, reflecting strong profitability improvement.
- Earnings per Share (EPS) Expansion: Basic and diluted EPS rose from $0.04 in Q1 2023 to $0.51 in Q2 2025, showing enhanced shareholder value and operational efficiency.
- Consistent Revenue Increase: Total revenue grew from approximately $105 million (Q4 2022) to $144 million (Q2 2025), with improvements in both interest and non-interest income streams.
- Loan Portfolio Growth: Net loans and leases increased substantially from about $5.79 billion (Q2 2022) to $10.83 billion (Q2 2025), indicating robust loan origination and asset growth.
- Strong Deposit Growth: Interest bearing deposits grew from approximately $8 billion in mid-2022 to $12.2 billion by mid-2025, supporting asset growth and liquidity.
- Operating Cash Flow Expansion: Net cash from continuing operating activities jumped to $208 million in Q2 2025 from $83.9 million in Q2 2024 and was considerably higher than $26.15 million in Q4 2022, demonstrating strong internal cash generation.
- Stable Dividend Policy: The company maintained a $0.03 per share dividend consistently over the recent years, indicating commitment to shareholder returns but modest payout ratio.
- Increasing Allowance for Loan Losses: The allowance for loan and lease losses rose from $66 million (Q2 2022) to $182 million (Q2 2025), reflecting growth in loan portfolio and prudent credit loss provisioning.
- Rising Provision for Credit Losses: Increased to $23.25 million in Q2 2025 from under $7 million in Q2 2022, potentially signaling higher credit risk or conservative reserve build-up.
- Elevated Interest Expense: Interest expense on deposits and debt rose to $115 million in Q2 2025 from about $19 million in Q2 2022, compressing net interest margin if not fully offset by higher interest income.
Summary: Live Oak Bancshares has shown impressive top-line and bottom-line growth driven by expanding loan portfolios and deposit bases, leading to doubling and tripling of net income and EPS over four years. Operating cash flows are strong, underscoring sustainable earnings quality. However, the rising provisions for credit losses and higher interest expenses suggest the company is managing increased credit risk and cost pressures. Still, the overall trend is positive for shareholders with growing profitability and stable dividends.
10/22/25 08:30 PM ETAI Generated. May Contain Errors.