Live Oak Bancshares (LOB)

• Market cap: $1.08B
• 1 day: -1.82%
• 5 days: -0.83%
• 1 month: -13.02%
• 3 months: -42.46%
• 6 months: -49.89%
• Year to date: -38.30%
• 1 year: -38.09%
• 5 years: 71.57%
• 10 years: 24.70%
• Sector: Financials
• Industry: Banks - Regional

About: Live Oak Bancshares Inc operates as the bank holding company for the Live Oak Banking Company. The company specializes in lending and deposit-related services to small businesses nationwide. The company identifies and extends lending to credit-worthy borrowers both within specific industries, also called verticals, through expertise within those industries, and more broadly to select borrowers outside of those industries. A portion of the loans originated by the Bank are partially guaranteed by the Small Business Administration under the 7(a) Loan Program and the U.S. Department of Agriculture Rural Energy for America Program, Water and Environmental Program, Business and Industry and Community Facilities loan programs.

Employees: 1,025

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

51% more repeat investments, than reductions

Existing positions increased: 80 | Existing positions reduced: 53

32% more first-time investments, than exits

New positions opened: 33 | Existing positions closed: 25

2% more funds holding

Funds holding: 209 [Q3] → 214 (+5) [Q4]

1.21% more ownership

Funds ownership: 65.94% [Q3] → 67.16% (+1.21%) [Q4]

0% more funds holding in top 10

Funds holding in top 10: 2 [Q3] → 2 (+0) [Q4]

15% less capital invested

Capital invested by funds: $1.41B [Q3] → $1.2B (-$205M) [Q4]

26% less call options, than puts

Call options by funds: $264K | Put options by funds: $359K

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

• Low target: $44 85% upside
• Avg. target: $44 85% upside
• High target: $44 85% upside

1 analyst rating

• positive: 0 0%
• neutral: 1 100%
• negative: 0 0%

Keefe, Bruyette & Woods Timothy Switzer 46% 1-year accuracy 11 / 24 met price target

85% upside $44

Market Perform Reiterated

24 Jan 2025