Live Oak Bancshares, Inc.
LOB
NYSE
32.8
USD-0.03(-0.09%)
As of today
Live Oak Bancshares, Inc. fundamentals
LOB Income Statement
| Period Ending | Dec 31, 2011 | Dec 31, 2012 | Dec 31, 2013 | Dec 31, 2014 | Dec 31, 2015 | Dec 31, 2016 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 40,871,000 | 54,155,000 | 60,578,000 | 81,176,000 | 112,954,000 | 144,789,000 | 203,246,000 | 253,327,000 | 289,514,000 | 378,309,000 | 506,413,000 | 508,830,000 | 776,554,000 | 929,290,000 | |
| Cost of Revenue | 5,592,000 | 5,738,000 | 3,663,000 | 8,645,000 | 12,668,000 | 27,159,000 | 34,974,000 | 60,158,000 | 103,110,000 | 134,343,000 | 79,638,000 | 157,915,000 | 394,293,000 | 532,679,000 | |
| Gross Profit | 35,279,000 | 48,417,000 | 56,915,000 | 72,531,000 | 100,286,000 | 117,630,000 | 168,272,000 | 193,169,000 | 186,404,000 | 243,966,000 | 426,775,000 | 350,915,000 | 382,261,000 | 396,611,000 | |
| Gross Profit Margin | 0.863 | 0.894 | 0.94 | 0.894 | 0.888 | 0.812 | 0.828 | 0.763 | 0.644 | 0.645 | 0.843 | 0.69 | 0.492 | 0.427 | |
| R&D Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| General & Administrative Expenses | 10,917,000 | 19,388,000 | 22,515,000 | 31,825,000 | 44,420,000 | 69,712,000 | 88,742,000 | 93,567,000 | 103,346,000 | 119,998,000 | 132,002,000 | 180,578,000 | 191,722,000 | 194,103,000 | |
| Selling & Marketing Expenses | 2,279,000 | 2,181,000 | 2,316,000 | 3,316,000 | 4,333,000 | 4,534,000 | 6,363,000 | 6,015,000 | 5,936,000 | 3,510,000 | 5,002,000 | 10,543,000 | 12,559,000 | 11,148,000 | |
| SG&A Expenses | 13,196,000 | 21,569,000 | 24,831,000 | 35,141,000 | 48,753,000 | 74,246,000 | 95,105,000 | 99,582,000 | 109,282,000 | 123,508,000 | 137,004,000 | 191,121,000 | 204,281,000 | 205,251,000 | |
| Other Expenses | 7,771,000 | 12,050,000 | 4,142,000 | 19,954,000 | 17,137,000 | 26,177,000 | -25,087,000 | 47,541,000 | 53,657,000 | 73,069,000 | 78,983,000 | -50,530,000 | 95,150,000 | 102,125,000 | |
| Total Operating Expenses | 20,967,000 | 33,619,000 | 28,973,000 | 55,095,000 | 65,890,000 | 100,423,000 | 70,018,000 | 147,123,000 | 162,939,000 | 196,577,000 | 215,987,000 | 140,591,000 | 299,431,000 | 307,376,000 | |
| Total Costs & Expenses | 26,559,000 | 39,357,000 | 32,636,000 | 63,740,000 | 78,558,000 | 127,582,000 | 104,992,000 | 207,281,000 | 266,049,000 | 330,920,000 | 295,625,000 | 298,506,000 | 693,724,000 | 840,055,000 | |
| Interest Income | 8,744,000 | 11,725,000 | 15,302,000 | 20,509,000 | 34,451,000 | 57,272,000 | 103,472,000 | 162,643,000 | 227,980,000 | 288,408,000 | 361,213,000 | 444,473,000 | 688,275,000 | 812,372,000 | |
| Interest Expense | 2,737,000 | 3,628,000 | 4,521,000 | 5,852,000 | 8,862,000 | 14,623,000 | 25,438,000 | 54,600,000 | 87,898,000 | 93,685,000 | 64,428,000 | 116,972,000 | 342,970,000 | 436,467,000 | |
| Depreciation & Amortization | 331,000 | 673,000 | 1,459,000 | 2,159,000 | 3,435,000 | 4,260,000 | 10,279,000 | 16,386,000 | 19,967,000 | 21,688,000 | 21,366,000 | 20,783,000 | 21,271,000 | 23,282,000 | |
| EBITDA | 14,644,000 | 15,471,000 | 29,442,000 | 19,595,000 | 37,831,000 | 21,467,000 | 108,533,000 | 62,432,000 | 43,432,000 | 69,077,000 | 232,154,000 | 231,107,000 | 104,101,000 | 112,517,000 | |
| EBITDA Margin | 0.358 | 0.286 | 0.486 | 0.241 | 0.335 | 0.148 | 0.534 | 0.246 | 0.15 | 0.183 | 0.458 | 0.454 | 0.134 | 0.121 | |
| Operating Income | 14,312,000 | 14,798,000 | 27,942,000 | 17,436,000 | 34,396,000 | 17,207,000 | 98,254,000 | 46,046,000 | 23,465,000 | 47,389,000 | 210,788,000 | 210,324,000 | 82,830,000 | 89,235,000 | |
| Operating Income Margin | 0.35 | 0.273 | 0.461 | 0.215 | 0.305 | 0.119 | 0.483 | 0.182 | 0.081 | 0.125 | 0.416 | 0.413 | 0.107 | 0.096 | |
| Total Other Income/Expenses (Net) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Income Before Tax | 14,312,000 | 14,798,000 | 27,942,000 | 17,436,000 | 34,396,000 | 17,207,000 | 98,254,000 | 46,046,000 | 23,465,000 | 47,389,000 | 210,788,000 | 210,324,000 | 82,830,000 | 89,235,000 | |
| Pre-Tax Income Margin | 0.35 | 0.273 | 0.461 | 0.215 | 0.305 | 0.119 | 0.483 | 0.182 | 0.081 | 0.125 | 0.416 | 0.413 | 0.107 | 0.096 | |
| Income Tax Expense | 0 | 0 | -120,000 | 7,388,000 | 13,795,000 | 3,443,000 | -2,245,000 | -5,402,000 | 5,431,000 | -12,154,000 | 43,793,000 | 34,116,000 | 8,932,000 | 11,818,000 | |
| Net Income | 14,312,000 | 16,095,000 | 28,062,000 | 10,048,000 | 20,625,000 | 13,773,000 | 100,499,000 | 51,448,000 | 18,034,000 | 59,543,000 | 166,995,000 | 176,208,000 | 73,898,000 | 77,474,000 | |
| Net Income Margin | 0.35 | 0.297 | 0.463 | 0.124 | 0.183 | 0.095 | 0.494 | 0.203 | 0.062 | 0.157 | 0.33 | 0.346 | 0.095 | 0.083 | |
| Earnings Per Share (EPS) | 0.5 | 0.41 | 0.98 | 0.35 | 0.66 | 0.4 | 2.75 | 1.28 | 0.45 | 1.46 | 3.87 | 4.02 | 1.67 | 1.72 | |
| Diluted Earnings Per Share (EPS) | 0.49 | 0.41 | 0.96 | 0.34 | 0.65 | 0.39 | 2.65 | 1.24 | 0.44 | 1.43 | 3.71 | 3.92 | 1.64 | 1.69 | |
| Weighted Average Shares Outstanding | 28,620,120 | 23,973,000 | 28,620,000 | 28,620,000 | 31,079,000 | 34,202,000 | 36,593,000 | 40,056,000 | 40,223,000 | 40,677,000 | 43,170,000 | 43,862,000 | 44,354,000 | 45,010,000 | |
| Weighted Average Shares Outstanding (Diluted) | 29,361,841 | 24,424,000 | 29,362,000 | 29,362,000 | 31,973,000 | 35,087,000 | 37,860,000 | 41,447,000 | 41,054,000 | 41,771,000 | 45,071,000 | 44,906,000 | 45,095,000 | 45,954,000 |