Live Oak Bancshares, Inc. Earnings Recaps
Q1 2026
Apr 23, 2026
Live Oak Bancshares delivered solid Q1 2026 results, with nearly doubled adjusted EPS and stable credit metrics, driven by strong core earnings and strategic growth initiatives.
Key takeaways
- Adjusted EPS increased 94% YoY to $0.70, with reported EPS at $0.60, reflecting robust earnings momentum.
- Core PPNR grew 30% YoY to $66 million, supported by a 18% revenue rise and disciplined expense management.
- Loan originations remained broad-based at $1.4 billion across 35 industries, with a pipeline at record highs.
- Deposit growth was resilient, with customer deposits up 13% YoY and noninterest-bearing checking balances surging 47%, reducing funding costs.
- Credit trends are stable with provision expenses slightly below expectations, underscoring resilient risk management amid challenging conditions.
Q2 2025
Jul 25, 2025
Live Oak Bancshares delivered robust Q2 2025 results, highlighted by significant revenue and earnings growth, underpinned by strong loan production and improving credit quality indicators.
Key takeaways
- Q2 earnings per share increased to $0.51, reflecting a 22% improvement in core operating leverage and a 10% rise in revenue linked quarter.
- Loan originations reached a record $1.5 billion for Q2, marking a 9% increase sequentially and 30% year-over-year, driven by the small business banking and commercial lending segments.
- Customer deposits grew 6% linked quarter, with a notable 36% increase in noninterest-bearing balances year-to-date from the new business checking product.
- Provision expense fell by 20% compared to the previous quarter, signaling positive trends in credit quality as problem loans are effectively managed.