Live Oak Bancshares ( (LOB) ) has released a notification of late filing.
Live Oak Bancshares, Inc. has announced a delay in filing its Form 10-K (Yearly Report) for the financial period ending December 31, 2024. The delay is primarily due to the need for additional time to finalize its consolidated financial statements and assess internal controls over financial reporting. Furthermore, KPMG LLP, the company’s independent auditor, requires more time to complete its audit procedures. The company anticipates filing the report by March 18, 2025. Despite the delay, Live Oak Bancshares expects the financial results to align with those previously disclosed in its Form 8-K filed on January 22, 2025. The company remains committed to compliance and transparency, as indicated by the signature of CFO Walter J. Phifer on the notification.
More about Live Oak Bancshares
YTD Price Performance: -19.49%
Average Trading Volume: 189,291
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $1.44B
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