Live Oak Bancshares Financial Statements
NYSE: LOBFinanceMajor BanksUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Live Oak Bancshares revenue and earnings
In fiscal 2025, Live Oak Bancshares generated $9.5 million in revenue, up 1.1% from fiscal 2024. Net income was $105.9 million (+36.7% year over year), for a net margin of 1114.4% versus a median of 824.2% in the prior 5 years. Diluted earnings per share came in at $2.23, up from $1.69.
Over the last 5 fiscal years, LOB's revenue has grown at a -2.0% compound annual rate (a contraction).
Summary generated from market data by MetaCap's automated system. Methodology
Live Oak Bancshares income statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 9.50M | 9.40M | 9.50M | 9.50M | 9.50M | 10.51M | 9.65M | 7.97M | 1.86M | 136.19M |
| Revenue growth (YoY) | +1.06% | -1.05% | 0.00% | 0.00% | -9.59% | +8.83% | +21.20% | +329.20% | -98.64% | +23.90% |
| Operating Expenses | 338.70M | 303.11M | 315.15M | 314.23M | 230.99M | 192.68M | 164.92M | 152.70M | 143.16M | 106.44M |
| Interest Expense | 460.11M | 436.47M | 342.97M | 116.97M | 64.43M | 93.69M | 87.90M | 54.60M | 25.44M | 14.62M |
| Pretax Income | 142.81M | 89.23M | 82.83M | 210.32M | 210.79M | 47.39M | 23.46M | 46.05M | 98.25M | 17.21M |
| Income Tax | 37.17M | 11.82M | 8.93M | 34.12M | 43.79M | -12.15M | 5.43M | -5.40M | -2.25M | 3.44M |
| Net Income | 105.87M | 77.47M | 73.90M | 176.21M | 167.00M | 59.54M | 18.03M | 51.45M | 100.50M | 13.77M |
| Net Income growth (YoY) | +36.65% | +4.84% | -58.06% | +5.52% | +180.46% | +230.17% | -64.95% | -48.81% | +629.68% | -33.22% |
| EPS (Basic) | 2.25 | 1.72 | 1.67 | 4.02 | 3.87 | 1.46 | 0.45 | 1.28 | 2.75 | 0.40 |
| EPS (Diluted) | 2.23 | 1.69 | 1.64 | 3.92 | 3.71 | 1.43 | 0.44 | 1.24 | 2.65 | 0.39 |
| Shares Outstanding (Basic) | 45.70M | 45.01M | 44.35M | 43.86M | 43.17M | 40.68M | 40.22M | 40.06M | 36.59M | 34.20M |
| Shares Outstanding (Diluted) | 46.04M | 45.82M | 45.09M | 44.91M | 45.07M | 41.77M | 41.05M | 41.45M | 37.86M | 35.09M |
| Net Margin | 1114.43% | 824.19% | 777.87% | 1854.82% | 1757.84% | 566.64% | 186.78% | 645.84% | 5414.82% | 10.11% |
This table shows 10 annual periods of Live Oak Bancshares's income statement, from FY 2025 back to FY 2016, across 11 line items including revenue, operating expenses, interest expense. Values in USD; B = billions, M = millions. Fiscal periods follow LOB's reporting calendar. What is a income statement?