| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Loans and fees on loans | $830.6M+11.5% | $744.8M+19.4% | $623.7M+49.0% | $418.5M+20.4% | $347.7M |
| Investment securities, taxable | $47.6M+23.9% | $38.4M+14.7% | $33.5M+70.3% | $19.7M+56.9% | $12.5M |
| Other interest earning assets | $30.3M+4.1% | $29.1M-6.4% | $31.1M+396.9% | $6.3M+564.6% | $942K |
| Total interest income | $908.5M+11.8% | $812.4M+18.0% | $688.3M+54.9% | $444.5M+23.1% | $361.2M |
| Deposits | $453.4M+5.2% | $430.9M+26.7% | $340.2M+195.7% | $115.0M+92.6% | $59.7M |
| Borrowings | $6.7M+20.1% | $5.6M+102.0% | $2.8M+42.6% | $1.9M-58.7% | $4.7M |
| Total interest expense | $460.1M+5.4% | $436.5M+27.3% | $343.0M+193.2% | $117.0M+81.6% | $64.4M |
| Net interest income | $448.4M+19.3% | $375.9M+8.9% | $345.3M+5.4% | $327.5M+10.3% | $296.8M |
| Provision for credit losses | $96.3M+0.1% | $96.2M+87.5% | $51.3M+25.4% | $40.9M+169.2% | $15.2M |
| Net interest income after provision for credit losses | $352.1M+25.9% | $279.7M-4.9% | $294.0M+2.6% | $286.6M+1.8% | $281.6M |
| Loan servicing revenue | $34.9M+10.7% | $31.5M+15.1% | $27.4M+8.0% | $25.4M+0.6% | $25.2M |
| Loan servicing asset revaluation | -$16.1M-32.3% | -$12.2M-348.8% | $4.9M+129.5% | -$16.6M-41.4% | -$11.7M |
| Net gains on sales of loans | $62.4M+25.4% | $49.8M+28.2% | $38.8M-10.2% | $43.2M-35.7% | $67.3M |
| Net gain (loss) on loans accounted for under the fair value option | $1.2M-49.4% | $2.4M+167.9% | -$3.5M-438.3% | $1.0M-75.4% | $4.3M |
| Equity method investments income (loss) | $17.4M+259.2% | -$10.9M-82.2% | -$6.0M-104.2% | $144.3M+8506.2% | -$1.7M |
| Equity security investments gains (losses), net | $5.7M+936.7% | $553K+157.1% | -$969K-128.9% | $3.4M-92.5% | $44.8M |
| Lease income | $10.1M+3.0% | $9.8M-2.5% | $10.0M-0.8% | $10.1M-1.7% | $10.3M |
| Management fee income | $0-100.0% | $7.7M-42.5% | $13.3M+32.1% | $10.1M+58.2% | $6.4M |
| Other noninterest income | $13.8M-59.4% | $34.1M+69.6% | $20.1M+17.1% | $17.1M+10.6% | $15.5M |
| Total noninterest (loss) income | $129.5M+14.9% | $112.7M+8.3% | $104.0M-56.3% | $238.0M+48.6% | $160.2M |
| Salaries and employee benefits | $189.4M+8.4% | $174.7M+3.3% | $169.1M-1.0% | $170.8M+36.7% | $124.9M |
| Travel expense | $7.0M-1.9% | $7.2M+0.3% | $7.1M-15.9% | $8.5M+46.3% | $5.8M |
| Professional services expense | $10.8M-2.5% | $11.0M+42.5% | $7.7M-34.1% | $11.7M-22.5% | $15.1M |
| Advertising and marketing expense | $12.2M+9.6% | $11.1M-11.2% | $12.6M+19.1% | $10.5M+110.8% | $5.0M |
| Occupancy expense | $9.8M-2.4% | $10.0M+17.8% | $8.5M-23.4% | $11.1M+31.6% | $8.4M |
| Technology expense | $42.9M+25.6% | $34.2M+7.4% | $31.9M+12.0% | $28.4M+25.5% | $22.6M |
| Equipment expense | $14.4M+4.3% | $13.8M-7.8% | $15.0M-0.8% | $15.1M+1.7% | $14.9M |
| Other loan origination and maintenance expense | $18.5M+7.0% | $17.3M+16.5% | $14.8M+12.4% | $13.2M-2.7% | $13.5M |
| Renewable energy tax credit investment impairment | $735K+38.7% | $530K-96.4% | $14.6M-9.7% | $16.2M+408.8% | $3.2M |
| FDIC insurance | $14.7M+35.4% | $10.8M-35.0% | $16.7M+70.9% | $9.8M+38.0% | $7.1M |
| Other expense | $18.2M+47.0% | $12.4M-27.6% | $17.2M+38.5% | $12.4M+53.8% | $8.1M |
| Total noninterest expense | $338.7M+11.7% | $303.1M-3.8% | $315.2M+0.3% | $314.2M+36.0% | $231.0M |
| Income before taxes | $142.8M+60.0% | $89.2M+7.7% | $82.8M-60.6% | $210.3M-0.2% | $210.8M |
| Income tax expense | $37.2M+214.5% | $11.8M+32.3% | $8.9M-73.8% | $34.1M-22.1% | $43.8M |
| Net income | $105.6M+36.5% | $77.4M+4.8% | $73.9M-58.1% | $176.2M+5.5% | $167.0M |
| Net loss attributable to non-controlling interest | $228K+300.0% | $57K | $0 | $0 | — |
| Net income attributable to Live Oak Bancshares, Inc. | $105.9M+36.7% | $77.5M+4.8% | $73.9M-58.1% | $176.2M+5.5% | $167.0M |
| Preferred stock dividends | $3.0M | $0 | $0 | — | — |
| Net income attributable to common shareholders | $102.8M+32.7% | $77.5M+4.8% | $73.9M | — | — |
| Basic earnings per share (in dollars per share) | $2250.00+30.8% | $1720.00+3.0% | $1670.00-58.5% | $4020.00+3.9% | $3870.00 |
| Diluted earnings per share (in dollars per share) | $2230.00+32.0% | $1690.00+3.0% | $1640.00-58.2% | $3920.00+5.7% | $3710.00 |
Source: SEC EDGAR XBRL. % change vs prior period shown where available.
Source: SEC EDGAR 10-K and 10-Q filings. Up to 10 years annual / 16 quarters shown.