Live Oak Bancshares (LOB)
Market Price (12/27/2025): $35.22 | Market Cap: $1.6 BilSector: Financials | Industry: Regional Banks
Live Oak Bancshares (LOB)
Market Price (12/27/2025): $35.22Market Cap: $1.6 BilSector: FinancialsIndustry: Regional Banks
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
| Cash is significant % of market capNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -95% | Weak multi-year price returns2Y Excs Rtn is -65%, 3Y Excs Rtn is -63% | Key risksLOB key risks include [1] a material weakness in internal controls over financial reporting and [2] the inherent credit risk associated with its small business lending focus. |
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 95%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 94% | Moderate capital ratioTier 1 Capital / Risk Wtd Assets RatioTier 1 Capital / Risk-Weighted Assets is a common measure of financial strength for a bank. It reflects how much equity there is relative to assets where assets are weighted based on riskiness. Low ratios indicate the bank is highly vulnerable to even small changes in the value of their risk assets. is 11% | |
| Attractive yieldFCF Yield is 31% | ||
| Low stock price volatilityVol 12M is 40% | ||
| Uninsured deposits are lowUninsured Deposits Ratio %Fraction of deposits that exceed the insurance deposit thresholds. For example, the FDIC protects deposits up to $250K. A high uninsured deposits ratio indicates large accounts and greater potential exposure to bank run risk. is 18% | ||
| Megatrend and thematic driversMegatrends include Fintech & Digital Payments, and Renewable Energy Transition. Themes include Online Banking & Lending, Solar Energy Generation, Show more. |
| Cash is significant % of market capNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -95% |
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 95%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 94% |
| Attractive yieldFCF Yield is 31% |
| Low stock price volatilityVol 12M is 40% |
| Uninsured deposits are lowUninsured Deposits Ratio %Fraction of deposits that exceed the insurance deposit thresholds. For example, the FDIC protects deposits up to $250K. A high uninsured deposits ratio indicates large accounts and greater potential exposure to bank run risk. is 18% |
| Megatrend and thematic driversMegatrends include Fintech & Digital Payments, and Renewable Energy Transition. Themes include Online Banking & Lending, Solar Energy Generation, Show more. |
| Weak multi-year price returns2Y Excs Rtn is -65%, 3Y Excs Rtn is -63% |
| Moderate capital ratioTier 1 Capital / Risk Wtd Assets RatioTier 1 Capital / Risk-Weighted Assets is a common measure of financial strength for a bank. It reflects how much equity there is relative to assets where assets are weighted based on riskiness. Low ratios indicate the bank is highly vulnerable to even small changes in the value of their risk assets. is 11% |
| Key risksLOB key risks include [1] a material weakness in internal controls over financial reporting and [2] the inherent credit risk associated with its small business lending focus. |
Why The Stock Moved
Qualitative Assessment
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The requested time period for Live Oak Bancshares (LOB) stock movement, from August 31, 2025, to December 27, 2025, lies in the future. As such, definitive factual information and specific market reactions for this period are not yet available. Therefore, it is not possible to highlight the key points for a -8.8% stock movement during this future timeframe.
However, based on available information for recent periods, and considering the hypothetical nature of the request for a future stock decline, general factors that could influence a bank's stock price like LOB's are outlined below. Please note that these are not specific to the requested future period or the stated -8.8% decline, but rather common drivers of bank stock performance.
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<b>1. Quarterly Earnings Performance:</b> A significant miss on earnings per share (EPS) or revenue estimates could lead to a stock decline. For example, Live Oak Bancshares reported a net income of $13.0 million, or $0.28 per diluted share for Q3 2024, falling short of analyst estimates of $0.57 per share. While Q3 2024 revenue beat estimates, the significant decrease in net income quarter-over-quarter could be a concern for investors.
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<b>2. Net Interest Income and Margin Trends:</b> Changes in net interest income (NII) or net interest margin (NIM) can impact profitability. Although Live Oak Bancshares reported an increase in net interest income and net interest margin in Q3 2024, a future downturn in these metrics could negatively affect the stock.
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<b>3. Loan Growth and Credit Quality:</b> While strong loan production can be positive, concerns about the quality of the loan portfolio, increasing provisions for credit losses, or a slowdown in loan growth could pressure the stock. Live Oak Bancshares did achieve record loan and lease production in Q3 2024.
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<b>4. Deposit Growth and Cost of Funds:</b> The ability to attract and retain deposits at a reasonable cost is crucial for a bank's funding and profitability. Live Oak Bancshares saw an increase in total deposits in Q3 2024. Future challenges in this area could impact the stock.
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<b>5. General Economic Conditions and Interest Rate Environment:</b> Broader economic factors, such as changes in interest rates, inflation, or economic slowdowns, can significantly affect bank stocks. An unfavorable shift in these conditions could lead to a decline in stock value.
Show moreStock Movement Drivers
Fundamental Drivers
The -2.6% change in LOB stock from 9/26/2025 to 12/26/2025 was primarily driven by a -21.2% change in the company's P/E Multiple.| 9262025 | 12262025 | Change | |
|---|---|---|---|
| Stock Price ($) | 36.14 | 35.21 | -2.56% |
| Change Contribution By | LTM | LTM | |
| Total Revenues ($ Mil) | 516.93 | 533.05 | 3.12% |
| Net Income Margin (%) | 10.85% | 13.05% | 20.31% |
| P/E Multiple | 29.41 | 23.17 | -21.21% |
| Shares Outstanding (Mil) | 45.63 | 45.78 | -0.32% |
| Cumulative Contribution | -2.57% |
Market Drivers
9/26/2025 to 12/26/2025| Return | Correlation | |
|---|---|---|
| LOB | -2.6% | |
| Market (SPY) | 4.3% | 31.3% |
| Sector (XLF) | 3.3% | 62.8% |
Fundamental Drivers
The 17.4% change in LOB stock from 6/27/2025 to 12/26/2025 was primarily driven by a 9.1% change in the company's Net Income Margin (%).| 6272025 | 12262025 | Change | |
|---|---|---|---|
| Stock Price ($) | 29.99 | 35.21 | 17.41% |
| Change Contribution By | LTM | LTM | |
| Total Revenues ($ Mil) | 498.34 | 533.05 | 6.96% |
| Net Income Margin (%) | 11.96% | 13.05% | 9.11% |
| P/E Multiple | 22.83 | 23.17 | 1.50% |
| Shares Outstanding (Mil) | 45.38 | 45.78 | -0.89% |
| Cumulative Contribution | 17.40% |
Market Drivers
6/27/2025 to 12/26/2025| Return | Correlation | |
|---|---|---|
| LOB | 17.4% | |
| Market (SPY) | 12.6% | 37.6% |
| Sector (XLF) | 7.4% | 59.8% |
Fundamental Drivers
The -11.1% change in LOB stock from 12/26/2024 to 12/26/2025 was primarily driven by a -26.9% change in the company's Net Income Margin (%).| 12262024 | 12262025 | Change | |
|---|---|---|---|
| Stock Price ($) | 39.61 | 35.21 | -11.11% |
| Change Contribution By | LTM | LTM | |
| Total Revenues ($ Mil) | 469.12 | 533.05 | 13.63% |
| Net Income Margin (%) | 17.85% | 13.05% | -26.89% |
| P/E Multiple | 21.32 | 23.17 | 8.68% |
| Shares Outstanding (Mil) | 45.07 | 45.78 | -1.57% |
| Cumulative Contribution | -11.13% |
Market Drivers
12/26/2024 to 12/26/2025| Return | Correlation | |
|---|---|---|
| LOB | -11.1% | |
| Market (SPY) | 15.8% | 55.7% |
| Sector (XLF) | 14.4% | 60.5% |
Fundamental Drivers
The 17.5% change in LOB stock from 12/27/2022 to 12/26/2025 was primarily driven by a 260.3% change in the company's P/E Multiple.| 12272022 | 12262025 | Change | |
|---|---|---|---|
| Stock Price ($) | 29.96 | 35.21 | 17.54% |
| Change Contribution By | LTM | LTM | |
| Total Revenues ($ Mil) | 402.19 | 533.05 | 32.54% |
| Net Income Margin (%) | 50.86% | 13.05% | -74.34% |
| P/E Multiple | 6.43 | 23.17 | 260.33% |
| Shares Outstanding (Mil) | 43.91 | 45.78 | -4.25% |
| Cumulative Contribution | 17.32% |
Market Drivers
12/27/2023 to 12/26/2025| Return | Correlation | |
|---|---|---|
| LOB | -23.4% | |
| Market (SPY) | 48.0% | 47.2% |
| Sector (XLF) | 51.8% | 61.1% |
Price Returns Compared
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| LOB Return | 151% | 84% | -65% | 51% | -13% | -9% | 93% |
| Peers Return | 16% | 38% | -12% | 21% | 26% | 16% | 150% |
| S&P 500 Return | 16% | 27% | -19% | 24% | 23% | 18% | 114% |
Monthly Win Rates [3] | |||||||
| LOB Win Rate | 67% | 50% | 33% | 50% | 58% | 50% | |
| Peers Win Rate | 52% | 65% | 42% | 68% | 57% | 52% | |
| S&P 500 Win Rate | 58% | 75% | 42% | 67% | 75% | 73% | |
Max Drawdowns [4] | |||||||
| LOB Max Drawdown | -57% | -16% | -67% | -34% | -30% | -41% | |
| Peers Max Drawdown | -34% | -5% | -26% | -7% | -9% | -23% | |
| S&P 500 Max Drawdown | -31% | -1% | -25% | -1% | -2% | -15% | |
[1] Cumulative total returns since the beginning of 2020
[2] Peers: HPQ, HPE, IBM, CSCO, AAPL. See LOB Returns vs. Peers.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2025 data is for the year up to 12/26/2025 (YTD)
How Low Can It Go
| Event | LOB | S&P 500 |
|---|---|---|
| 2022 Inflation Shock | ||
| % Loss | -79.5% | -25.4% |
| % Gain to Breakeven | 387.8% | 34.1% |
| Time to Breakeven | Not Fully Recovered days | 464 days |
| 2020 Covid Pandemic | ||
| % Loss | -59.0% | -33.9% |
| % Gain to Breakeven | 143.8% | 51.3% |
| Time to Breakeven | 159 days | 148 days |
| 2018 Correction | ||
| % Loss | -59.2% | -19.8% |
| % Gain to Breakeven | 144.9% | 24.7% |
| Time to Breakeven | 630 days | 120 days |
Compare to HPQ, HPE, IBM, CSCO, AAPL
In The Past
Live Oak Bancshares's stock fell -79.5% during the 2022 Inflation Shock from a high on 11/4/2021. A -79.5% loss requires a 387.8% gain to breakeven.
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AI Analysis | Feedback
1. SoFi for small businesses.
2. Ally Bank, but focused on high-tech small business lending.
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- SBA Loans: Specializing in government-guaranteed loans for small businesses across various targeted industries.
- Commercial Loans: Providing traditional business loans, including commercial and industrial (C&I) and commercial real estate (CRE) financing.
- Deposit Accounts: Offering a range of personal and business deposit products, such as checking, savings, money market, and certificates of deposit.
- Treasury Management Services: Delivering cash management solutions to help businesses optimize their financial operations.
AI Analysis | Feedback
Live Oak Bancshares (LOB) is a bank holding company whose primary business, through its subsidiary Live Oak Bank, is providing financial products and services, predominantly loans, to other companies (small businesses). It does not have a small number of major public company customers that can be individually listed with symbols.
Instead, Live Oak Bank focuses on serving a large and diverse base of small, privately-owned businesses across specific industries and sectors. While the prompt asks for specific company names for B2B customers, given the nature of banking to numerous small businesses, it is more appropriate and informative to describe the key customer categories that Live Oak Bancshares targets:
- Healthcare Professionals: Live Oak Bank has a strong focus on lending to practices such as dentists, veterinarians, optometrists, and independent pharmacists.
- Niche Service Businesses: This category includes businesses like self-storage facilities, funeral homes, independent insurance agencies, and family entertainment centers.
- Specialty Industries: The bank also targets specific growth sectors such as craft breweries and distilleries, wineries, and specific agricultural ventures.
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James S. (Chip) Mahan III Chairman and Chief Executive Officer
Chip Mahan has a long history of founding and managing financial technology companies. He founded and currently serves as CEO and Chairman of Live Oak Bancshares. Prior to Live Oak, he was the CEO and chairman of S1 Corporation and the founder of Security First Network Bank, which was one of the world's first internet banks. He also launched Cardinal Bancshares, which he built into an institution with approximately $675 million in total assets and took public in 1992. In 1986, he formed an investment group that purchased Citizens Union National Bank & Trust Co., and subsequently sold it to BankOne Corp. Mahan is also a managing partner and co-founder of Canapi Ventures, a venture capital firm focused on financial technology companies, indicating a pattern of involvement with companies backed by venture capital. He is also a co-founder of nCino, Apiture, Finxact, and Payrailz.
Walter J. Phifer Chief Financial Officer
Walter Phifer serves as Chief Financial Officer of Live Oak Bancshares and Live Oak Bank, a role he assumed in November 2023. He joined Live Oak in 2015 and has 19 years of experience in the financial industry, including various finance, treasury, accounting, audit, and deposit analytic roles. Before becoming CFO, he served as Treasurer and Head of Finance, Planning and Analysis. Prior to joining Live Oak, Phifer was the Deposits Finance Manager at Barclays US, where he managed the finances and data analytics of a $10 billion deposit portfolio. He began his career in external audit at Deloitte.
William C. (BJ) Losch III President
BJ Losch serves as President of Live Oak Bancshares and Live Oak Bank, a position he was named to in August 2023. He previously served as the Chief Financial Officer of Live Oak Bancshares. Losch joined Live Oak in 2021 as CFO and in 2022 was also named Chief Banking Officer, leading customer-facing sales, support, and operational groups. Prior to joining Live Oak, Losch spent 12 years at First Horizon Corporation as senior executive vice president and CFO, where he oversaw all financial activities, strategic planning, investor relations, corporate development/M&A, fintech ventures, corporate properties, and procurement. He also held senior roles at First Union and Wachovia.
Neil L. Underwood Co-Founder & Director (formerly President)
Neil Underwood is a co-founder and active Director of Live Oak Bank, and previously served as its President until November 2023. He is also a co-founder and General Partner of Canapi Ventures, a strategic fintech venture fund, demonstrating a strong pattern of involvement with venture-backed companies. While at Live Oak, he co-founded nCino, a cloud-based bank operating system. Through Live Oak's venture arm, Underwood helped incubate companies focused on digital bank transformation, including Finxact, Payrailz, DefenseStorm, and Greenlight. In 2017, he co-founded Apiture, a joint venture between Live Oak and First Data. Prior to Live Oak, Underwood served as general manager of S1 Corporation.
William L. Williams III Vice Chairman and Executive Vice President
William L. Williams III, also known as Lee Williams, is the Vice Chairman and Executive Vice President of Live Oak Bancshares and is one of the original founders of the bank. He contributed over 50 years of corporate banking experience, including significant expertise in SBA lending, to the founding of Live Oak Bank in 2008. Prior to Live Oak, he spent 19 years in corporate banking at Wachovia. He also worked for 14 years at Vine Street Financial, an SBA lending division that was co-founded with Chip Mahan at Cardinal Bancshares in 1992. Through a series of mergers and acquisitions, Vine Street Financial became a division of BB&T.
AI Analysis | Feedback
The key risks to Live Oak Bancshares (LOB) include challenges with internal controls and financial reporting, the inherent credit risk associated with its small business lending focus, and exposure to interest rate fluctuations.
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Operational Risks and Internal Controls: Live Oak Bancshares has identified a material weakness in its internal control over financial reporting, specifically concerning its loan review process. This issue could impact investor confidence and the trading price of its securities. Furthermore, the company has faced legal scrutiny over alleged misleading disclosures and has a planned restatement of cash flow classifications in its 2024 annual report and 2025 quarterly reports, which has heightened investor scrutiny on its risk controls and governance practices. The company's reliance on third-party intellectual property and technology platforms also poses a risk if these resources become unavailable or are compromised.
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Credit Risk and Loan Losses: As a bank specializing in small business lending, Live Oak Bancshares faces inherent credit risk. Increased delinquencies and credit losses could materially affect the company's financial condition. The provision for credit losses has been a significant expense, and there are concerns regarding its asset quality metrics and elevated nonperforming loans. While many of its loans are partially guaranteed by the U.S. Small Business Administration, which mitigates some default risk, lending to small businesses is still considered inherently risky.
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Interest Rate Risk: Live Oak Bancshares is exposed to interest rate risks, which can impact its net interest income and overall profitability. Changes in interest rates affect the premiums received from loan sales and the fair value of investment securities. The company has experienced pressure on its profitability due to declining net interest margins and increasing funding costs.
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The aggressive expansion of lending services by large technology platforms represents a clear emerging threat to Live Oak Bancshares (LOB). Companies such as Amazon, Shopify, PayPal, and Square are increasingly leveraging their vast proprietary data, existing merchant ecosystems, and advanced technological capabilities to offer various forms of credit and capital to small businesses. While Live Oak Bancshares differentiates itself through specialized SBA lending and a digital-first approach, these tech giants possess unparalleled customer reach and integration points within the small business operational workflow. Their potential to significantly broaden their lending portfolios, refine underwriting models with unique alternative data, and embed financial services seamlessly into their core platforms poses a clear risk of disintermediation, potentially capturing a substantial portion of the small business lending market that Live Oak Bancshares currently serves or aims to serve, thereby eroding its competitive advantages.
AI Analysis | Feedback
Live Oak Bancshares (LOB) primarily focuses on small business lending, deposit services, and investments in financial technology (fintech) solutions, operating across the United States.
Main Products and Services and Addressable Market Sizes:
- Small Business Lending (SBA 7(a) Loans): The addressable market for SBA 7(a) loans in the U.S. was over $37 billion in total loan volume during the 2025 fiscal year. Live Oak Bank is a leading lender in this market.
- Conventional Small Business Loans: Live Oak Bancshares also provides conventional small business loans. However, a specific addressable market size in dollar figures for this product was not identified in the provided information.
- Deposit Services: Live Oak Bank offers various deposit products, including high-yield savings, certificates of deposit, and business checking accounts, to individuals and businesses nationwide. A specific addressable market size for these deposit services was not identified in the provided information.
- Fintech Solutions: Live Oak Bancshares invests in technology and fintech solutions. A specific addressable market size for their fintech solutions was not identified in the provided information.
AI Analysis | Feedback
Here are 3-5 expected drivers of future revenue growth for Live Oak Bancshares (LOB) over the next 2-3 years:- Continued Growth in Small Business Administration (SBA) Lending: Live Oak Bancshares consistently holds the position as the number one SBA 7(a) lender, demonstrating strong loan production and outstanding growth. In Q3 2025, the company reported a 22% increase in loan production and a 17% rise in loan outstandings, with a 44% increase in production over the previous year. This robust performance in its core small business lending market is expected to continue driving significant revenue.
- Expansion of Customer Deposits and "Full Relationship" Strategy: The company is focused on deepening customer relationships by encouraging both loan and deposit accounts. Live Oak Bancshares achieved a 20% year-over-year growth in customer deposits and a 3% quarter-over-quarter increase in Q3 2025, with noninterest-bearing balances also growing significantly. The percentage of customers maintaining both loan and deposit relationships with Live Oak reached 20%, indicating a successful strategy for a stable funding base and increased net interest income.
- Introduction and Growth of New Product Offerings: Live Oak Bancshares has actively launched new product offerings, including small-dollar SBA loan capabilities and business checking accounts, which commenced in early 2024. These new services are expanding the company's revenue streams and further strengthening its customer engagement. Checking balances reached $363 million in Q3 2025, representing 4% of the total deposit base.
- Leveraging AI and Technology for Operational Efficiency and Loan Origination: The company is strategically investing in and implementing AI technologies to enhance operational efficiency, streamline banking processes, and improve customer interactions. Live Oak is piloting an AI-enabled loan origination solution for its Live Oak Express program, which is anticipated to boost efficiency, potentially reduce costs, and increase loan volume, thereby contributing to revenue growth.
- Net Interest Income Growth and Margin Management: Live Oak Bancshares has demonstrated consistent growth in net interest income and has expanded its net interest margin (NIM), with a 5-basis point expansion to 3.33% in Q3 2025, marking the third consecutive quarter of margin expansion. Management actively evaluates various forward-looking scenarios to assess potential net interest income and margin outcomes, reinforcing a focus on optimizing this primary revenue component. Analysts also project robust annual revenue growth of 21.3% for Live Oak Bancshares over the coming years.
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Share Repurchases
- Live Oak Bancshares' net common equity issued/repurchased from 2020 to 2025 shows transactions related to common stock.
Share Issuance
- In August 2025, Live Oak Bancshares completed an underwritten offering of 4,000,000 depositary shares, each representing a 1/40th interest in its 8.375% Fixed Rate Series A Non-Cumulative Perpetual Preferred Stock.
- This offering generated net proceeds of approximately $96.15 million.
- The proceeds from the preferred stock offering are intended for general corporate purposes, including supporting balance sheet growth and enhancing the company's capital position.
Outbound Investments
- Subsequent to September 30, 2025, Live Oak Bancshares completed the sale of Apiture, Inc.
- This sale is expected to result in a pre-tax gain of approximately $24.0 million in the fourth quarter of 2025.
Capital Expenditures
- The company continues to invest in infrastructure to support future expansion.
- Funds from the 2025 preferred stock offering may also be allocated towards technology investments.
- Live Oak Bancshares has a continued investment focus on AI and digital innovation to drive efficiency and customer experience.
Latest Trefis Analyses
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Trade Ideas
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| 11142025 | PYPL | PayPal | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | -4.5% | -4.5% | -7.5% |
| 11142025 | V | Visa | Monopoly | MY | Getting CheaperMonopoly-Like with P/S DeclineLarge cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple | 7.6% | 7.6% | -2.7% |
| 11072025 | WD | Walker & Dunlop | Dip Buy | DB | P/E OPMDip Buy with Low PE and High MarginBuying dips for companies with tame PE and meaningfully high operating margin | -11.1% | -11.1% | -12.1% |
| 01312024 | LOB | Live Oak Bancshares | Quality | Q | Momentum | UpsideQuality Stocks with Momentum and UpsideBuying quality stocks with strong momentum but still having room to run | 24.3% | -2.3% | -12.8% |
Research & Analysis
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Peer Comparisons for Live Oak Bancshares
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 56.69 |
| Mkt Cap | 158.8 |
| Rev LTM | 56,496 |
| Op Inc LTM | 11,544 |
| FCF LTM | 7,327 |
| FCF 3Y Avg | 7,366 |
| CFO LTM | 8,590 |
| CFO 3Y Avg | 8,697 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 7.4% |
| Rev Chg 3Y Avg | 3.2% |
| Rev Chg Q | 9.4% |
| QoQ Delta Rev Chg LTM | 2.1% |
| Op Mgn LTM | 17.7% |
| Op Mgn 3Y Avg | 16.4% |
| QoQ Delta Op Mgn LTM | 0.1% |
| CFO/Rev LTM | 22.2% |
| CFO/Rev 3Y Avg | 23.8% |
| FCF/Rev LTM | 20.1% |
| FCF/Rev 3Y Avg | 21.6% |
Price Behavior
| Market Price | $35.21 | |
| Market Cap ($ Bil) | 1.6 | |
| First Trading Date | 07/23/2015 | |
| Distance from 52W High | -14.5% | |
| 50 Days | 200 Days | |
| DMA Price | $32.97 | $31.33 |
| DMA Trend | indeterminate | down |
| Distance from DMA | 6.8% | 12.4% |
| 3M | 1YR | |
| Volatility | 35.8% | 40.3% |
| Downside Capture | 83.31 | 129.73 |
| Upside Capture | 53.83 | 99.39 |
| Correlation (SPY) | 30.9% | 55.7% |
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 1.07 | 1.02 | 1.02 | 1.42 | 1.20 | 1.42 |
| Up Beta | 0.02 | 0.65 | 1.14 | 1.64 | 1.18 | 1.39 |
| Down Beta | 1.06 | 1.55 | 1.47 | 1.56 | 1.09 | 1.24 |
| Up Capture | 136% | 41% | 10% | 130% | 97% | 273% |
| Bmk +ve Days | 13 | 26 | 39 | 74 | 142 | 427 |
| Stock +ve Days | 8 | 18 | 23 | 62 | 116 | 368 |
| Down Capture | 130% | 125% | 134% | 130% | 128% | 109% |
| Bmk -ve Days | 7 | 16 | 24 | 52 | 107 | 323 |
| Stock -ve Days | 11 | 23 | 39 | 63 | 131 | 380 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Comparison of LOB With Other Asset Classes (Last 1Y) | |||||||
|---|---|---|---|---|---|---|---|
| LOB | Sector ETF | Equity | Gold | Commodities | Real Estate | Bitcoin | |
| Annualized Return | -9.8% | 16.3% | 17.8% | 72.1% | 8.6% | 4.4% | -8.3% |
| Annualized Volatility | 40.1% | 19.0% | 19.4% | 19.3% | 15.2% | 17.0% | 35.0% |
| Sharpe Ratio | -0.16 | 0.67 | 0.72 | 2.70 | 0.34 | 0.09 | -0.08 |
| Correlation With Other Assets | 60.6% | 55.7% | -6.4% | 14.8% | 49.7% | 22.0% | |
ETFs used for asset classes: Sector ETF = XLF, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
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Based On 5-Year Data
| Comparison of LOB With Other Asset Classes (Last 5Y) | |||||||
|---|---|---|---|---|---|---|---|
| LOB | Sector ETF | Equity | Gold | Commodities | Real Estate | Bitcoin | |
| Annualized Return | -6.5% | 16.1% | 14.7% | 18.7% | 11.5% | 4.6% | 30.8% |
| Annualized Volatility | 49.4% | 18.9% | 17.1% | 15.5% | 18.7% | 18.9% | 48.7% |
| Sharpe Ratio | 0.04 | 0.71 | 0.70 | 0.97 | 0.50 | 0.16 | 0.57 |
| Correlation With Other Assets | 58.7% | 51.6% | 0.2% | 10.4% | 47.4% | 22.9% | |
ETFs used for asset classes: Sector ETF = XLF, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
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Based On 10-Year Data
| Comparison of LOB With Other Asset Classes (Last 10Y) | |||||||
|---|---|---|---|---|---|---|---|
| LOB | Sector ETF | Equity | Gold | Commodities | Real Estate | Bitcoin | |
| Annualized Return | 10.1% | 13.2% | 14.8% | 15.3% | 7.0% | 5.3% | 69.2% |
| Annualized Volatility | 47.2% | 22.3% | 18.0% | 14.7% | 17.6% | 20.8% | 55.8% |
| Sharpe Ratio | 0.38 | 0.55 | 0.71 | 0.86 | 0.32 | 0.22 | 0.90 |
| Correlation With Other Assets | 58.0% | 51.0% | -1.2% | 17.1% | 45.7% | 15.8% | |
ETFs used for asset classes: Sector ETF = XLF, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Earnings Returns History
Expand for More| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 10/22/2025 | -3.3% | -8.1% | -15.1% |
| 7/23/2025 | 0.6% | -0.6% | 8.3% |
| 4/23/2025 | 6.6% | 5.5% | 8.8% |
| 1/22/2025 | -14.0% | -12.7% | -21.5% |
| 10/23/2024 | -10.3% | -14.2% | 1.7% |
| 7/24/2024 | 3.8% | 5.3% | -5.0% |
| 4/24/2024 | -14.0% | -16.0% | -15.2% |
| 1/24/2024 | -5.2% | -14.4% | -7.4% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 14 | 13 | 13 |
| # Negative | 10 | 11 | 11 |
| Median Positive | 3.8% | 6.8% | 11.3% |
| Median Negative | -5.7% | -5.0% | -7.4% |
| Max Positive | 15.4% | 34.8% | 38.9% |
| Max Negative | -14.0% | -16.0% | -21.5% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 9302025 | 11172025 | 10-Q 9/30/2025 |
| 6302025 | 8052025 | 10-Q 6/30/2025 |
| 3312025 | 5072025 | 10-Q 3/31/2025 |
| 12312024 | 3182025 | 10-K 12/31/2024 |
| 9302024 | 11052024 | 10-Q 9/30/2024 |
| 6302024 | 8062024 | 10-Q 6/30/2024 |
| 3312024 | 5102024 | 10-Q 3/31/2024 |
| 12312023 | 2222024 | 10-K 12/31/2023 |
| 9302023 | 11032023 | 10-Q 9/30/2023 |
| 6302023 | 8022023 | 10-Q 6/30/2023 |
| 3312023 | 5032023 | 10-Q 3/31/2023 |
| 12312022 | 2232023 | 10-K 12/31/2022 |
| 9302022 | 11022022 | 10-Q 9/30/2022 |
| 6302022 | 8032022 | 10-Q 6/30/2022 |
| 3312022 | 5042022 | 10-Q 3/31/2022 |
| 12312021 | 2242022 | 10-K 12/31/2021 |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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