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Stock impact report

Despite Economic And Policy Headwinds, Small Biz Lender Reports Strong Results [Forbes]

Live Oak Bancshares, Inc. (LOB) 
Last live oak bancshares, inc. earnings: 4/22 04:45 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.liveoakbank.com
Company Research Source: Forbes
Getting a clear read on the health of small businesses is difficult. Hard data is limited. Most assessments rely on surveys or sentiment indexes. But insights can still be found, especially from publicly trading lenders with a front-row seat to borrowing behavior. Live Oak Bancshares offered one such window into the small business environment on Thursday. The Wilmington, North Carolina–based bank, which has a market capitalization of $1.2 billion, ranked second in the nation last year for originations of Small Business Administration 7(a) loans, a key federal program that supports small business financing through partial government guarantees. In fiscal 2024 (going by the Federal government calendar which begins in October), Live Oak originated $2 billion in 7(a) loans. So far in fiscal 2025, it has originated $1.5 billion —more than any other lender so far this year. In other words, they're clued into how small business is faring. Loan volume at that scale suggests demand rema Show less Read more
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