Live Oak Bancshares, Inc. Reports First Quarter 2024 Results
Live Oak Bancshares, Inc. (LOB)
Last live oak bancshares, inc. earnings: 4/22 04:45 pm
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US:NASDAQ Investor Relations:
investor.liveoakbank.com
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Source: GlobeNewswire
WILMINGTON, N.C., April 24, 2024 (GLOBE NEWSWIRE) -- Live Oak Bancshares, Inc. (NYSE: LOB) (“Live Oak” or “the Company”) today reported first quarter of 2024 net income of $16.5 million, or $0.36 per diluted share. “The Live Oak model continued to prove its fortitude in the first quarter as our teams marched ahead to steadily grow both sides of the balance sheet and delivered exceptional service to our customers,” said Live Oak Chairman and CEO James S. (Chip) Mahan III. “In a challenging environment for our industry, I remain bullish on our dedication to America’s small business owners and believe that our passion around innovation, efficiency and expertise will continue to shine a light on how Live Oak differs from the crowd.” First Quarter 2024 Key Measures (Dollars in thousands, except per share data) Increase (Decrease) 1Q 2024 4Q 2023 Dollars Percent 1Q 2023Total revenue(1)$116,208 $119,683 $
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News
- Live Oak Bancshares, Inc. (NASDAQ:LOB) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Stock Market Sell-Off: 3 Bargain Stocks Worth Buying Now [Yahoo! Finance]Yahoo! Finance
- Live Oak Bancshares, Inc. (NASDAQ: LOB) had its price target lowered by analysts at Truist Financial Co. from $47.00 to $38.00. They now have a "buy" rating on the stock.MarketBeat
- Live Oak Bancshares, Inc. (NASDAQ: LOB) had its "market perform" rating re-affirmed by analysts at Keefe, Bruyette & Woods. They now have a $40.00 price target on the stock, down previously from $45.00.MarketBeat
- Live Oak Bancshares First Quarter 2024 Earnings: Misses Expectations [Yahoo! Finance]Yahoo! Finance
LOB
Earnings
- 4/24/24 - Miss
LOB
Analyst Actions
- 4/26/24 - Keefe, Bruyette & Woods
LOB
Sec Filings
- 5/3/24 - Form 4
- 5/3/24 - Form 4
- 5/3/24 - Form 4
- LOB's page on the SEC website