(LOB) Live Oak Bancshares - Overview
Sector: Financial Services | Industry: Banks - Regional | Exchange: NYSE (USA) | Market Cap: 1.683m USD | Total Return: 38.7% in 12m
Avg Turnover: 7.27M
EPS Trend: 47.7%
Qual. Beats: 0
Rev. Trend: 96.7%
Qual. Beats: 0
Warnings
No concerns identified
Tailwinds
No distinct edge detected
Live Oak Bancshares, Inc. (NYSE: LOB) functions as the bank holding company for Live Oak Banking Company, a Wilmington, North Carolina-based institution established in 2008. The company operates a digital-first business model, primarily focused on providing deposit products and commercial lending solutions, including specialized financing for renewable energy and small business sectors. Unlike traditional branch-heavy retail banks, this model reduces overhead costs while concentrating on high-growth niche markets.
The firm’s portfolio extends beyond standard banking to include government-guaranteed loan securitization and investment advisory services. It specifically targets the financial technology sector through venture capital funds and offers wealth management services to high-net-worth clients. As a regional bank, Live Oak is subject to net interest margin fluctuations, which are heavily influenced by Federal Reserve interest rate cycles and the credit quality of its commercial real estate and industrial loan books.
Investors can further evaluate these financial metrics and growth drivers by reviewing the detailed data available on ValueRay.
- SBA loan secondary market premiums drive non-interest income volatility
- Net interest margin sensitivity depends on high-yield deposit retention costs
- Federal government guarantee programs dictate commercial lending volume and risk
- Renewable energy project financing growth expands specialized loan portfolio
- Fintech venture capital investment valuations impact non-operating income performance
| Net Income: 124.1m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.01 > 0.02 and ΔFCF/TA -3.00 > 1.0 |
| NWC/Revenue: -1.20k% < 20% (prev -1.16k%; Δ -41.86% < -1%) |
| CFO/TA 0.01 > 3% & CFO 140.6m > Net Income 124.1m |
| Net Debt (-716.4m) to EBITDA (218.3m): -3.28 < 3 |
| Current Ratio: 0.07 > 1.5 & < 3 |
| Outstanding Shares: last quarter (46.3m) vs 12m ago 1.19% < -2% |
| Gross Margin: 50.11% > 18% (prev 0.41%; Δ 4.97k% > 0.5%) |
| Asset Turnover: 7.37% > 50% (prev 6.95%; Δ 0.42% > 0%) |
| Interest Coverage Ratio: 0.41 > 6 (EBITDA TTM 218.3m / Interest Expense TTM 462.0m) |
| A: -0.84 (Total Current Assets 905.1m - Total Current Liabilities 13.7b) / Total Assets 15.3b |
| B: 0.05 (Retained Earnings 836.4m / Total Assets 15.3b) |
| C: 0.01 (EBIT TTM 187.9m / Avg Total Assets 14.4b) |
| D: 0.08 (Book Value of Equity 1.18b / Total Liabilities 14.0b) |
| Altman-Z'' = -5.13 = D |
As of May 24, 2026, the stock is trading at USD 37.41 with a total of 166,642 shares traded.
Over the past week, the price has changed by +4.87%,
over one month by +2.73%,
over three months by -2.58% and
over the past year by +38.73%.
Live Oak Bancshares has received a consensus analysts rating of 3.00. Therefore, it is recommended to hold LOB.
- StrongBuy: 0
- Buy: 0
- Hold: 3
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 42.8 | 14.3% |
P/E Forward = 12.0627
P/S = 3.2849
P/B = 1.4505
Revenue TTM = 1.06b USD
EBIT TTM = 187.9m USD
EBITDA TTM = 218.3m USD
Long Term Debt = 99.7m USD (from longTermDebt, last quarter)
Short Term Debt = 542k USD (from shortTermDebt, last fiscal year)
Debt = 99.7m USD (from shortLongTermDebtTotal, last quarter) + Leases 1.00k
Net Debt = -716.4m USD (calculated: Debt 99.7m - CCE 816.1m)
Enterprise Value = 966.2m USD (1.68b + Debt 99.7m - CCE 816.1m)
Interest Coverage Ratio = 0.41 (Ebit TTM 187.9m / Interest Expense TTM 462.0m)
EV/FCF = 7.66x (Enterprise Value 966.2m / FCF TTM 126.1m)
FCF Yield = 13.06% (FCF TTM 126.1m / Enterprise Value 966.2m)
FCF Margin = 11.85% (FCF TTM 126.1m / Revenue TTM 1.06b)
Net Margin = 11.65% (Net Income TTM 124.1m / Revenue TTM 1.06b)
Gross Margin = 50.11% ((Revenue TTM 1.06b - Cost of Revenue TTM 531.3m) / Revenue TTM)
Gross Margin QoQ = 48.23% (prev 58.47%)
Tobins Q-Ratio = 0.06 (Enterprise Value 966.2m / Total Assets 15.3b)
Interest Expense / Debt = 463.2% (Interest Expense 462.0m / Debt 99.7m)
Taxrate = 25.28% (10.1m / 40.1m)
NOPAT = 140.4m (EBIT 187.9m * (1 - 25.28%))
Current Ratio = 0.07 (Total Current Assets 905.1m / Total Current Liabilities 13.7b)
Debt / Equity = 0.08 (Debt 99.7m / totalStockholderEquity, last quarter 1.28b)
Debt / EBITDA = -3.28 (Net Debt -716.4m / EBITDA 218.3m)
Debt / FCF = -5.68 (Net Debt -716.4m / FCF TTM 126.1m)
Total Stockholder Equity = 1.20b (last 4 quarters mean from totalStockholderEquity)
RoA = 0.86% (Net Income 124.1m / Total Assets 15.3b)
RoE = 10.37% (Net Income TTM 124.1m / Total Stockholder Equity 1.20b)
RoCE = 14.49% (EBIT 187.9m / Capital Employed (Equity 1.20b + L.T.Debt 99.7m))
RoIC = 8.86% (NOPAT 140.4m / Invested Capital 1.59b)
WACC = 10.08% (E(1.68b)/V(1.78b) * Re(10.68%) + (debt cost/tax rate unavailable))
Discount Rate = 10.68% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 76.41 | Cagr: 0.97%
[DCF] Terminal Value 66.91% ; FCFF base≈283.9m ; Y1≈249.0m ; Y5≈201.2m
[DCF] Fair Price = 69.84 (EV 2.51b - Net Debt -716.4m = Equity 3.23b / Shares 46.3m; r=10.08% [WACC]; 5y FCF grow -15.0% → 2.50% )
EPS Correlation: 47.67 | EPS CAGR: 13.37% | SUE: 0.25 | # QB: 0
Revenue Correlation: 96.70 | Revenue CAGR: 17.75% | SUE: 0.70 | # QB: 0
EPS current Quarter (2026-06-30): EPS=0.68 | Chg30d=-2.92% | Revisions=-14% | Analysts=5
EPS next Quarter (2026-09-30): EPS=0.81 | Chg30d=+0.62% | Revisions=+0% | Analysts=4
EPS current Year (2026-12-31): EPS=3.11 | Chg30d=+3.67% | Revisions=+43% | GrowthEPS=+67.8% | GrowthRev=+10.2%
EPS next Year (2027-12-31): EPS=4.13 | Chg30d=+0.34% | Revisions=+20% | GrowthEPS=+32.8% | GrowthRev=+17.0%
[Analyst] Revisions Ratio: +43%