Live Oak Bancshares: Q4 Earnings Snapshot

Published: 2025-01-22 16:47:09 ET LOB

WILMINGTON, N.C. (AP) — WILMINGTON, N.C. (AP) — Live Oak Bancshares Inc. (LOB) on Wednesday reported net income of $9.9 million in its fourth quarter.

The Wilmington, North Carolina-based bank said it had earnings of 22 cents per share.

The bank holding company posted revenue of $243.2 million in the period. Its revenue net of interest expense was $128.1 million, exceeding Street forecasts.

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