Live Oak Bancshares, Inc. (LOB)

From the record

Live Oak Bancshares, Inc.'s filings since 2017 show 6 warning events of 4 kinds: a notice about its exchange listing (8-K item 3.01, the latest 2022-12-02); a warning not to rely on past financial statements (8-K item 4.02, the latest 2025-11-12); an auditor change (8-K item 4.01, 2 times, the latest 2024-08-09); a late-report notice (Form NT 10-K or NT 10-Q, 2 times, the latest 2025-11-12) (its current reports).

From the record

Live Oak Bancshares, Inc.'s 10 filed years say what it did: revenue went from $57 million in fiscal 2016 to $908 million in fiscal 2025, up 36% a year; it rose in 9 of 9 years; it never fell from a peak; net income was positive in 10 of 10 of those years (its annual reports).

From the record

Over the 3 fiscal years to 2025-12-31, Live Oak Bancshares, Inc.'s diluted share count grew about 0.8% a year, and dividends and buybacks returned about 3% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 75 sales (65 under scheduled 10b5-1 plans) and 2 purchases of their own stock on the open market in the year to 2026-10-28, buying about $130 thousand (their Form 4 filings).

From the record

Return on equity: in the fiscal year ended 2025-12-31, Live Oak Bancshares, Inc. earned about 8 cents of profit for every dollar of shareholders' money. Leverage: it owed about 92 cents per dollar of assets, and net share issuance: its share count grew 0.5% over the year (the filed statements).

From the record

Live Oak Bancshares, Inc.'s standing among 155 graded names in its industry family: revenue of $908 million in fiscal 2025 ranks in the top 24% by size; a net margin of 11.7% ranks in the bottom 11%; revenue growth of 26.9% a year over the last 3 filed years ranks in the top 12% (its annual reports).

From the record

Live Oak Bancshares, Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Mahan, James S III (Chief Executive Officer, as filed), filing under that title since 2015-07-22, 11.3 years (top 29% of its family); the 19 officers and directors filing in the last fifteen months have been on the record a median of 5.2 years (bottom 18%); 13 officer or director changes were reported on Form 8-K since 2023-11-13, against the 19 people in charge now (bottom 8%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

From the record

Live Oak Bancshares, Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $865 million against debt of $102 million leaves 5% of its assets as net cash, top 33% of its family; cash from operations less capital spending is 15.8% of revenue (bottom 22%) (its annual report).

From the record

Live Oak Bancshares, Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew 26.9% a year over the last three filed years against 36% over all 10, slowing (bottom 4% of its family); the newest year grew 11.8% (top 21%); capital spending grew -30.4% a year (bottom 10%) (its annual reports). Live Oak Bancshares, Inc. tags no split of its revenue by line in the annual report on file, so growth by line cannot be read here; research and capital spending are on the trend.

From the record

Live Oak Bancshares, Inc.'s newest year against its own record: revenue of $908 million in fiscal 2025 came in 17.3% below the $1.1 billion its prior three years' pace pointed to (bottom 41% of its family); net income of $106 million against a prior three-year average of $109 million (bottom 23%); a net margin of 11.7% against 20% before (bottom 17%) (its annual reports).