Live Oak Bancshares, Inc. Reports First Quarter 2018 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 25, 2018 (GLOBE NEWSWIRE) -- Live Oak Bancshares, Inc. (Nasdaq:LOB) (“Live Oak” or “the Company”) today reported first quarter net earnings available to common shareholders of $12.5 million, or $0.30 per diluted share, compared to $6.1 million, or $0.17 per diluted share, for the first quarter of 2017. “We kicked off the year in fine fashion with a very strong performance in the first quarter. We enjoyed 43% growth in our loan and lease portfolio compared to one year ago while significantly boosting our recurring revenues and liquidity position. We are steadily expanding our array of industry verticals and continuing to diversify our product offerings. We are intensely focused on serving the needs of small businesses across the U.S. and revolutionizing the financial services industry through innovative technology solutions,” said James S. Mahan, III, Chief Executive Officer of Live Oak. First Quarter 2018 Key Measures (Dollars in thousands, except per sha
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- Live Oak Bancshares, Inc. (NASDAQ: LOB) had its "buy" rating re-affirmed by analysts at Truist Financial Co.. They now have a $47.00 price target on the stock.MarketBeat
LOB
Earnings
- 4/24/24 - Miss
LOB
Analyst Actions
- 1/30/24 - TheStreet
LOB
Sec Filings
- 4/24/24 - Form 8-K
- 4/5/24 - Form ARS
- 4/5/24 - Form DEFA14A
- LOB's page on the SEC website