The financials
Live Oak Bancshares, Inc. by the numbers
Live Oak Bancshares, Inc. (LOB) reported revenue of $234M in Q1 2026 (quarter ended March 31, 2026), up 9.7% from the same quarter a year earlier. That came with net income of $30M (13% of revenue). For the full year FY2025, revenue was $908M (+12% year on year) and net income $106M.
| Income statement | Q1 2026 | Q1 2025 | Change |
|---|---|---|---|
| Revenue | $234M | $213M | +9.7% |
| Net income | $30M | $9.7M | +209% |
| Diluted EPS | $0.60 | $0.21 | +186% |