The earnings call highlighted strong growth in revenue, loan originations, and deposits, alongside significant improvements in credit quality and net interest income. While there were some challenges with increased payoffs and intentional charge-offs, these were managed proactively. The overall performance and strategic initiatives suggest a positive trajectory for the company.

Company Guidance

During Live Oak Bancshares' Second Quarter 2025 Earnings Call, the company provided guidance indicating robust growth and promising financial performance. Key metrics highlighted include a 10% quarter-over-quarter and 20% year-over-year increase in top-line revenue, driven by initiatives like Live Oak Express, which expanded from $0 in 2023 to over $300 million in 2024, and a significant rise in checking accounts from virtually zero in 2023 to $290 million with nearly 7,000 customers. The call emphasized a 22% improvement in core operating leverage and a 6% linked quarter growth in customer deposits, now 20% higher than in June 2024. Loan originations reached a historical peak for Q2 at $1.5 billion, marking a 9% increase from the previous quarter and a 30% rise from Q2 2024. The company also observed a favorable credit outlook, with key indicators such as past dues, defaults, and nonaccruals moving positively. Additionally, the net interest margin saw an expansion for the third consecutive quarter, supported by a 9% linked quarter increase in net interest income. These metrics reflect Live Oak's strategic focus on profitable loan and deposit production, modernization efforts, and investments in growth opportunities, such as AI-driven technologies, that bolster the company's resilience and future profitability.

Strong Revenue and Earnings Growth

Top line revenue grew 10% quarter-over-quarter and 20% year-over-year. The company reported a Q2 earnings per share of $0.51, which is a substantial improvement from the prior quarter.

Record Loan Originations

Q2 2025 loan originations totaled approximately $1.5 billion, marking the largest Q2 of loan production in bank history, excluding PPP, and a 30% increase compared to Q2 of 2024.

Deposit Growth

Customer deposits grew approximately 6% quarter-over-quarter, and are now approximately 20% higher than June 30, 2024. Noninterest-bearing checking balances increased 36% year-to-date.

Improved Credit Quality

Key credit indicators such as past dues, defaults, and nonaccruals showed meaningful improvement, indicating the end of the current small business credit cycle is near.

Positive Trends in Net Interest Income

Quarterly net interest income increased $9 million or 9% quarter-over-quarter, with the net interest margin expanding by 8 basis points. Loan production yields were 74 basis points above the current portfolio yield.

Live Oak Bancshares (LOB) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

LOB Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 22, 2025	2025 (Q3)	0.57 / -	0.28	―	―	―
Jul 23, 2025	2025 (Q2)	0.50 / 0.51	0.59	-13.56% (-0.08)
Apr 23, 2025	2025 (Q1)	0.37 / 0.21	0.44	-52.27% (-0.23)
Jan 22, 2025	2024 (Q4)	0.53 / 0.22	0.36	-38.89% (-0.14)
Oct 23, 2024	2024 (Q3)	0.55 / 0.28	0.88	-68.18% (-0.60)
Jul 24, 2024	2024 (Q2)	0.47 / 0.59	0.39	51.28% (+0.20)
Apr 24, 2024	2024 (Q1)	0.47 / 0.44	0.11	300.00% (+0.33)
Jan 24, 2024	2023 (Q4)	0.51 / 0.36	0.07	414.29% (+0.29)
Oct 25, 2023	2023 (Q3)	0.48 / 0.88	0.412	113.59% (+0.47)
Jul 25, 2023	2023 (Q2)	0.32 / 0.39	0.248	57.26% (+0.14)

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
Jul 23, 2025	$32.32	$32.50	+0.56%
Apr 23, 2025	$24.73	$26.36	+6.59%
Jan 22, 2025	$40.64	$34.97	-13.95%
Oct 23, 2024	$46.48	$41.69	-10.31%

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 Oct 22, 2025, After Close (Confirmed).

What is Live Oak Bancshares (LOB) earnings time?

Live Oak Bancshares (LOB) earnings time is at Oct 22, 2025, 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 2025 (Q3) is 0.57.

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