LOB
Live Oak Bancshares, Inc.
NYSE: LOB · FINANCIAL SERVICES · BANKS - REGIONAL
$37.07
-1.41% today
Updated 2026-05-01
Market cap
$1.75B
P/E ratio
14.44
P/S ratio
3.41x
EPS (TTM)
$2.62
Dividend yield
0.31%
52W range
$25 – $43
Volume
0.3M
Live Oak Bancshares, Inc. (LOB) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $40.87M | $54.16M | $60.58M | $81.18M | $112.95M | $144.79M | $203.25M | $253.33M | $289.51M | $378.31M | $506.41M | $508.83M | $776.55M | $929.29M | $1.04B |
| Revenue growth (YoY) | — | +32.5% | +11.9% | +34.0% | +39.1% | +28.2% | +40.4% | +24.6% | +14.3% | +30.7% | +33.9% | +0.5% | +52.6% | +19.7% | +12.0% |
| Cost of revenue | $5.59M | $5.74M | $3.66M | $8.64M | $12.67M | $27.16M | $34.97M | $60.16M | $103.11M | $134.34M | $79.64M | $157.91M | $394.29M | $532.68M | $538.25M |
| Gross profit | $35.28M | $48.42M | $56.91M | $72.53M | $100.29M | $117.63M | $168.27M | $193.17M | $186.40M | $243.97M | $426.77M | $350.92M | $382.26M | $396.61M | $503.00M |
| Gross margin | 86.3% | 89.4% | 94.0% | 89.4% | 88.8% | 81.2% | 82.8% | 76.3% | 64.4% | 64.5% | 84.3% | 69.0% | 49.2% | 42.7% | 48.3% |
| R&D | — | — | — | — | $0.00 | $0.00 | $0.00 | $0.00 | — | — | — | — | — | — | — |
| SG&A | $10.92M | $19.39M | $22.52M | $31.82M | $44.42M | $69.71M | $88.74M | $93.57M | $103.35M | $120.00M | $132.00M | $180.58M | $191.72M | $194.10M | $241.63M |
| Operating income | $14.31M | $14.80M | $27.94M | $17.44M | $34.40M | $17.21M | $98.25M | $46.05M | $23.46M | $47.39M | $210.79M | $210.32M | $82.83M | $89.23M | $160.98M |
| Operating margin | 35.0% | 27.3% | 46.1% | 21.5% | 30.5% | 11.9% | 48.3% | 18.2% | 8.1% | 12.5% | 41.6% | 41.3% | 10.7% | 9.6% | 15.5% |
| EBITDA | $14.64M | $15.47M | $29.44M | $19.59M | $37.83M | $21.47M | $108.53M | $62.43M | $43.43M | $69.08M | $232.15M | $231.11M | $104.10M | $112.52M | $185.09M |
| EBITDA margin | 35.8% | 28.6% | 48.6% | 24.1% | 33.5% | 14.8% | 53.4% | 24.6% | 15.0% | 18.3% | 45.8% | 45.4% | 13.4% | 12.1% | 17.8% |
| EBIT | $14.31M | $14.80M | $27.98M | $17.44M | $34.40M | $17.21M | $98.25M | $46.05M | $23.46M | $47.39M | $210.79M | $210.32M | $82.83M | $89.23M | $160.98M |
| Interest expense | $2.74M | $3.63M | $4.52M | $5.85M | $8.86M | $14.62M | $25.44M | $54.60M | $87.90M | $93.69M | $64.43M | $116.97M | $342.97M | $436.47M | $460.11M |
| Income tax | — | $-1.30M | $-120000.00 | $7.39M | $13.79M | $3.44M | $-2.25M | $-5.40M | $5.43M | $-12.15M | $43.79M | $34.12M | $8.93M | $11.82M | $57.35M |
| Effective tax rate | 0.0% | -8.8% | -0.4% | 42.4% | 40.1% | 20.0% | -2.3% | -11.7% | 23.1% | -25.6% | 20.8% | 16.2% | 10.8% | 13.2% | 35.6% |
| Net income | $14.31M | $16.09M | $28.06M | $10.05M | $20.63M | $13.77M | $100.50M | $51.45M | $18.03M | $59.54M | $167.00M | $176.21M | $73.90M | $77.47M | $103.78M |
| Net income growth (YoY) | — | +12.5% | +74.4% | -64.2% | +105.3% | -33.2% | +629.7% | -48.8% | -64.9% | +230.2% | +180.5% | +5.5% | -58.1% | +4.8% | +34.0% |
| Profit margin | 35.0% | 29.7% | 46.3% | 12.4% | 18.3% | 9.5% | 49.4% | 20.3% | 6.2% | 15.7% | 33.0% | 34.6% | 9.5% | 8.3% | 10.0% |