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Live Oak Bancshares (LOB)
NYSE:LOB
Earnings Data
Report Date
Apr 29, 2026After Close (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
0.59Last Year’s EPS
0.21Same Quarter Last Year
Moderate Buy
Based on 3 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call emphasized multiple strong operating and financial achievements: record loan production, double-digit revenue and NII growth, improving core profitability (PPNR), substantial checking and cross-sell momentum, and a meaningful contribution from Live Oak Express. Venture gains and steady deposit growth further bolstered results. Offsetting these positives were manageable but notable headwinds: an increase in nonaccruals driven by SBA exposure, near-term NIM compression risk from rapid deposit repricing after Fed cuts, intentionally lower gain-on-sale recognition in Q4 (timing), and several one-time expense offsets. Management framed credit as stabilizing and expects expense growth to moderate while continuing strategic investments (checking, Live Oak Express, AI/technology). Overall, the positives significantly outweighed the negatives, though near-term margin and timing variability remain watch items.Company Guidance
Record Loan Production and Strong Balance Growth
Company delivered record loan production of $6.2B for 2025, including $1.6B in Q4, driving 17% year-over-year loan balance growth and 4% linked-quarter growth.
Revenue and Core Profitability Expansion
Reported 17% revenue growth year-over-year; management highlighted 27% core PPNR growth (and Q4 adjusted PPNR of $64M, ~21% higher than 2024).
Material EPS and Net Income Improvement
Q4 net income was $44M and diluted EPS $0.95 (approximately 3x Q4 2024); management reported adjusted EPS materially higher (management cited +49% and also referenced adjusted EPS roughly doubling vs prior period).
Net Interest Income and Margin Momentum
Net interest income rose $8M (7%) linked-quarter and $26M (26%) versus 2024; net interest margin expanded ~5 basis points quarter-over-quarter despite late-year Fed cuts.
Business Checking and Cross-Sell Traction
Business checking balances reached $377M (doubled year-over-year, +4% q/q); customers with both loan and deposit relationships rose from ~6% at end-2024 to 22% today; ~37% of new loan customers opened checking in Q4.
Live Oak Express Growth and Gain-on-Sale Contribution
Live Oak Express (small-dollar 7(a)) production ramped meaningfully and contributed $12M to 2025 gain-on-sale totals (roughly 20% of gain-on-sale), a 2x contribution versus 2024.
Venture Investment Gains
Net gains from ventures totaled $28M in Q4, primarily driven by a $24M gain from the Aperture sale, providing one-time income tailwinds that improved overall results.
Credit Stabilization and Relative Outperformance
Management highlighted improving credit trends: >30 days past due remained low at $10M (9 bps of held-for-investment portfolio); reserves declined modestly and Live Oak's credit performance continued to compare favorably to broader SBA lender peers.
Deposit Growth and Funding Profile
Customer deposits rose 18% year-over-year; low-cost deposit initiatives showed progress (noninterest-bearing and low-cost balances and related accounts now ~4% of total deposit base, a 2x increase y/y).
LOB Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
LOB Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Jan 21, 2026 | $39.00 | $40.76 | +4.51% |
Oct 22, 2025 | $34.62 | $33.48 | -3.29% |
Jul 23, 2025 | $32.30 | $32.47 | +0.53% |
Apr 23, 2025 | $24.71 | $26.34 | +6.60% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Live Oak Bancshares (LOB) report earnings?
Live Oak Bancshares (LOB) is schdueled to report earning on Apr 29, 2026, After Close (Confirmed).
What is Live Oak Bancshares (LOB) earnings time?
Live Oak Bancshares (LOB) earnings time is at Apr 29, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is LOB EPS forecast?
LOB EPS forecast for the fiscal quarter 2026 (Q1) is 0.59.