Monitor guidance for signs of recovery in net interest margin and loan growth sustainability; the prior-year comparison is favorable but sequential decline is significant.
Price Chart
Executive Summary
Live Oak Bancshares reported first-quarter 2026 net income of $27.9 million, or $0.60 per diluted share, down 36.7% from the prior quarter and up 187.6% from the year-ago quarter. The decline was primarily due to a $24.1 million gain in the prior quarter from the sale of Apiture, Inc., which was not repeated. Strong loan production and deposit growth were noted, with total assets growing 1.1%.
Key Financial Metrics
Key Facts
- Q1 2026 net income attributable to common shareholders: $27.9 million, or $0.60 per diluted share
- Down 36.7% from $44.1 million in Q4 2025 and up 187.6% from $9.7 million in Q1 2025
- Decline primarily due to a $24.1 million gain in Q4 2025 from the sale of Apiture, Inc., which was not repeated
- Strong loan production of $1.37 billion and deposit growth of $146.4 million
- Total assets grew 1.1% to $15.30 billion from Q4 2025
Financial Impact
Net income down 36.7% sequentially, up 187.6% YoY
Risk Factors
- Sequential decline in net income and EPS
- Dependence on non-recurring gains in prior quarters
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 6 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001462120-26-000036 |
| Document: lob-20260422.htm | 0001462120-26-000036 |
| Document: 0001462120-26-000036-index-headers.html | 0001462120-26-000036 |
| Document: 0001462120-26-000036-index.html | 0001462120-26-000036 |
| Document: 0001462120-26-000036.txt | 0001462120-26-000036 |
| 8-K Data (Synthetic) | 0001462120-26-000036 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 26, 2026 today | 144 | — | awaiting T+20 | — | — |
Oct 21, 2026 5d ago | 8-K | $35.71 | awaiting T+20 | — | $34.68 (+2.88%) |
Oct 21, 2026 5d ago | Press Release | $35.71 | awaiting T+20 | — | $34.68 (+2.88%) |
Oct 20, 2026 6d ago | 8-K | $35.35 | awaiting T+20 | — | $34.68 (−1.90%) |
Sep 11, 2026 6w ago | Insider Cluster | $39.40 $34.80 | ▼ −11.68% | ▼ −13.94% | $34.68 (−11.98%) |
Sep 8, 2026 6w ago | Insider Cluster | $38.90 $34.26 | ▼ −11.93% | ▼ −13.87% | $34.68 (−10.85%) |
Sep 3, 2026 7w ago | 144 | $39.56 $36.68 | ▼ −7.28% | ▼ −6.09% | $34.68 (−12.34%) |
Sep 2, 2026 7w ago | 144 | $39.51 $36.39 | ▼ −7.90% | ▼ −7.74% | $34.68 (−12.22%) |
Aug 20, 2026 9w ago | 144 | $40.73 $38.25 | ▲ +6.09% | ▲ +6.09% | $34.68 (+14.85%) |
Aug 19, 2026 9w ago | 144 | $40.89 $38.25 | ▼ −6.46% | ▼ −4.50% | $34.68 (−15.19%) |
US Market Status
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