Live Oak Bancshares
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: 999
0
Funds holding %
of 6,809 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
552% more call options, than puts
Call options by funds: $3.21M | Put options by funds: $492K
63% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 19
34% more capital invested
Capital invested by funds: $1.05B [Q2] → $1.41B (+$359M) [Q3]
10% more repeat investments, than reductions
Existing positions increased: 66 | Existing positions reduced: 60
6% more funds holding
Funds holding: 197 [Q2] → 209 (+12) [Q3]
0% more funds holding in top 10
Funds holding in top 10: 2 [Q2] → 2 (+0) [Q3]
0.28% less ownership
Funds ownership: 66.23% [Q2] → 65.95% (-0.28%) [Q3]
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$44
12%
upside
Avg. target
$45
15%
upside
High target
$46
17%
upside
2 analyst ratings
1 positive
50%
1 neutral
50%
0 negative
0%
Truist Securities Brandon King 93% 1-year accuracy 51 / 55 met price target | 17%upside $46 | Buy Maintained | 28 Oct 2024 |
Piper Sandler Crispin Love 65% 1-year accuracy 17 / 26 met price target | 12%upside $44 | Neutral Maintained | 25 Oct 2024 |
Financial journalist opinion
Neutral
GlobeNewsWire
2 weeks ago
Live Oak Ventures Participates in Financing of Sunbound, Inc.
WILMINGTON, N.C., Dec. 04, 2024 (GLOBE NEWSWIRE) -- Live Oak Ventures, the investment arm of Live Oak Bancshares, Inc., has announced an investment in Sunbound Inc., a provider of automated financial operations solutions for the senior housing industry.
Neutral
PRNewsWire
2 weeks ago
Sunbound Expands Reach with Live Oak Ventures Investment, Supporting Growth in Senior Living Sector
New Partnership to Fuel Financial Innovations, Delivering Flexible Solutions to Operators and Families WASHINGTON, Dec. 4, 2024 /PRNewswire/ -- Sunbound, a leader in finance solutions for senior living, announced an investment from Live Oak Ventures, a wholly owned subsidiary of Live Oak Bancshares, to fuel innovations that support operators and families. This partnership strengthens Sunbound's mission of enhancing financial stability for senior living operators, enabling them to streamline their financial processes and focus on resident care and family satisfaction.
Neutral
PRNewsWire
1 month ago
WARRIOR RISING ANNOUNCES ENHANCED CAPITAL READINESS CAPABILITY FOR VETERAN ENTREPRENEURS
Warrior Expands Access to Capital for Veteran-Owned Businesses Through Alliances with Parlay and Live Oak Bank and Acquisition of Launch Plan ™ SALT LAKE CITY , Nov. 12, 2024 /PRNewswire/ -- Warrior Rising, a national 501c3 non-profit organization dedicated to empowering U.S. military veterans and their families through entrepreneurship, today announced it has established a relationship with Parlay Finance and Live Oak Bank to increase capital access and support for veteran-owned small businesses across the nation. With a shared commitment to empowering veteran entrepreneurs, this collaboration aims to help businesses led by veterans and military spouses thrive through education, coaching, mentorship, financial resources, and tailored capital access solutions.
Neutral
Seeking Alpha
1 month ago
Live Oak Bancshares: Loan Originations Spike, But Credit Risk Worries
Live Oak Bancshares' stock dropped 18.82% post-Q3 2024 results, likely due to profit-taking and unmet high expectations despite strong loan demand and profitability. Q3 2024 highlights include a 50% QoQ jump in loan production, 8.86% average yield on new loans, and a sustainable loan-to-deposit ratio. Concerns include rising loan payment delays and potential short-term margin compression due to the timing mismatch in rate adjustments between loans and CDs.
Neutral
Seeking Alpha
1 month ago
Live Oak Bancshares, Inc. (LOB) Q3 2024 Earnings Call Transcript
Live Oak Bancshares, Inc. (NYSE:LOB ) Q3 2024 Earnings Conference Call October 24, 2024 9:00 AM ET Company Participants Greg Seward - General Counsel and Chief Risk Officer Chip Mahan - Chairman and Chief Executive Officer BJ Losch - President Walt Phifer - Chief Financial Officer Michael Cairns - Chief Credit Officer Conference Call Participants Crispin Love - Piper Sandler David Feaster - Raymond James Tim Switzer - KBW Operator Good morning, ladies and gentlemen, and welcome to the Q3 2024 Live Oak Bancshares Earnings Conference Call. At this time, all lines are in a listen-only mode.
Neutral
Zacks Investment Research
1 month ago
Live Oak Bancshares (LOB) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates
While the top- and bottom-line numbers for Live Oak Bancshares (LOB) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Negative
Zacks Investment Research
1 month ago
Live Oak Bancshares (LOB) Lags Q3 Earnings Estimates
Live Oak Bancshares (LOB) came out with quarterly earnings of $0.28 per share, missing the Zacks Consensus Estimate of $0.53 per share. This compares to earnings of $0.88 per share a year ago.
Neutral
GlobeNewsWire
1 month ago
Live Oak Bancshares, Inc. Reports Third Quarter 2024 Results
WILMINGTON, N.C., Oct. 23, 2024 (GLOBE NEWSWIRE) -- Live Oak Bancshares, Inc. (NYSE: LOB) (“Live Oak” or “the Company”) today reported third quarter of 2024 net income of $13.0 million, or $0.28 per diluted share.
Neutral
GlobeNewsWire
2 months ago
Live Oak Ventures Participates in Financing of Synply, Inc.
WILMINGTON, N.C., Oct. 21, 2024 (GLOBE NEWSWIRE) -- Live Oak Ventures, the investment arm of Live Oak Bancshares, Inc., has announced an investment in Synply Inc., a cloud-based technology company dedicated to transforming the loan syndication process for banks.
Neutral
GlobeNewsWire
2 months ago
Live Oak Bancshares, Inc. Announces Date of Third Quarter 2024 Financial Results
WILMINGTON, N.C., Oct. 09, 2024 (GLOBE NEWSWIRE) -- Live Oak Bancshares, Inc. (“Live Oak”) (NYSE: LOB) today announced that it will report its third quarter 2024 financial results after U.S. financial markets close on Wednesday, October 23, 2024.
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