Live Oak Bancshares, Inc. (LOB) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Net Interest Income | 119.4M | 123.12M | 115.48M | 109.22M | 100.53M | 97.47M | 97M | 91.32M | 90.11M | 89.58M | 89.41M | 84.3M | 82.02M | 85.9M | 83.89M | 79.93M | 77.78M | 77.64M | 77.73M | 71.46M |
| NII Growth % | 18.77% | 26.31% | 19.06% | 19.6% | 11.56% | 8.82% | 8.49% | 8.32% | 9.87% | 4.28% | 6.59% | 5.46% | 5.45% | 10.64% | 7.91% | 11.86% | 11.19% | 24.62% | 51.34% | 74.73% |
| Net Interest Margin % | 0.78% | 0.81% | 0.79% | 0.79% | 0.74% | 0.75% | 0.77% | 0.77% | 0.78% | 0.79% | 0.82% | 0.78% | 0.79% | 0.87% | 0.9% | 0.88% | 0.9% | 0.95% | 0.96% | 0.87% |
| Interest Income | 233.86M | 239.66M | 231.43M | 224.28M | 213.1M | 212.57M | 208.94M | 198.45M | 192.42M | 186.54M | 180.61M | 169.71M | 151.42M | 136.61M | 115.83M | 99.25M | 92.78M | 92.2M | 92.79M | 88M |
| Interest Expense | 114.46M | 116.53M | 115.94M | 115.06M | 112.57M | 115.09M | 111.94M | 107.13M | 102.31M | 96.96M | 91.2M | 85.41M | 69.4M | 50.71M | 31.95M | 19.31M | 15M | 14.56M | 15.05M | 16.54M |
| Loan Loss Provision | 20.1M | 3.68M | 22.24M | 23.25M | 28.96M | 33.58M | 34.5M | 11.77M | 16.36M | 8.99M | 10.28M | 13.03M | 19.02M | 19.67M | 14.17M | 5.27M | 1.84M | 3.92M | 4.32M | 7.85M |
| Non-Interest Income | 26.07M | 49.79M | 26.97M | 32.78M | 23.23M | 27.35M | 29.34M | 32.1M | 28.14M | 11.55M | 35.43M | 22.77M | 18.54M | 8.79M | 17.49M | 6.4M | 31.68M | 27.38M | 22.98M | 69.08M |
| Non-Interest Income % | 10.03% | 17.2% | 10.44% | 12.75% | 9.83% | 11.4% | 12.31% | 13.92% | 12.76% | 5.83% | 16.4% | 11.83% | 10.91% | 6.04% | 13.12% | 6.06% | 25.45% | 22.9% | 19.85% | 43.98% |
| Total Revenue | 259.94M | 289.44M | 258.4M | 257.07M | 236.34M | 239.92M | 238.27M | 230.54M | 220.56M | 198.08M | 216.04M | 192.48M | 169.95M | 145.4M | 133.32M | 105.65M | 124.46M | 119.58M | 115.76M | 157.08M |
| Revenue Growth % | 9.98% | 20.64% | 8.45% | 11.5% | 7.16% | 21.12% | 10.29% | 19.78% | 29.78% | 36.24% | 62.04% | 82.19% | 36.55% | 21.58% | 15.17% | -32.74% | 9.19% | 20.29% | -4.08% | 76.54% |
| Non-Interest Expense | 85.29M | 89.15M | 83.64M | 87.55M | 81.67M | 78.01M | 74M | 75.59M | 79.78M | 74.64M | 71.8M | 75.07M | 77.92M | 74.3M | 42.81M | -41.25M | 64.72M | 53.32M | 53.16M | 56.53M |
| Efficiency Ratio | 32.81% | 30.8% | 32.37% | 34.06% | 34.56% | 32.52% | 31.05% | 32.79% | 36.17% | 37.68% | 33.23% | 39% | 45.85% | 51.1% | 32.11% | -39.04% | 52% | 44.59% | 45.92% | 35.99% |
| Operating Income | 40.08M | 80.08M | 36.57M | 31.2M | 13.13M | 13.23M | 17.84M | 36.06M | 22.11M | 17.48M | 42.76M | 18.97M | 3.61M | 717K | 44.39M | 122.32M | 42.9M | 47.78M | 43.23M | 76.17M |
| Operating Margin % | 15.42% | 27.67% | 14.15% | 12.14% | 5.56% | 5.51% | 7.49% | 15.64% | 10.02% | 8.83% | 19.79% | 9.86% | 2.13% | 0.49% | 33.3% | 115.78% | 34.47% | 39.95% | 37.35% | 48.49% |
| Operating Income Growth % | 205.22% | 505.31% | 104.99% | -13.47% | -40.6% | -24.34% | -58.28% | 90.05% | 511.87% | 2338.49% | -3.68% | -84.49% | -91.58% | -98.5% | 2.68% | 60.59% | -1.63% | 296.99% | -4.95% | 1350.56% |
| Pretax Income | 40.08M | 80.08M | 36.57M | 31.2M | 13.13M | 13.23M | 17.84M | 36.06M | 22.11M | 17.48M | 42.76M | 18.97M | 3.61M | 717K | 44.39M | 122.32M | 42.9M | 47.78M | 43.23M | 76.17M |
| Pretax Margin % | 15.42% | 27.67% | 14.15% | 12.14% | 5.56% | 5.51% | 7.49% | 15.64% | 10.02% | 8.83% | 19.79% | 9.86% | 2.13% | 0.49% | 33.3% | 115.78% | 34.47% | 39.95% | 37.35% | 48.49% |
| Income Tax | 10.13M | 35.96M | 10.11M | 7.82M | 3.46M | 3.39M | 4.82M | 9.1M | -5.48M | 1.32M | 2.97M | 1.43M | 3.21M | -1.07M | 1.52M | 25.28M | 8.39M | 17.63M | 9.39M | 12.59M |
| Effective Tax Rate % | 25.28% | 44.91% | 27.63% | 25.05% | 26.38% | 25.6% | 26.99% | 25.22% | -24.78% | 7.56% | 6.94% | 7.53% | 88.98% | -149.93% | 3.44% | 20.67% | 19.55% | 36.9% | 21.73% | 16.53% |
| Net Income | 30.04M | 44.12M | 26.52M | 23.43M | 9.72M | 9.9M | 13.03M | 26.96M | 27.59M | 16.16M | 39.79M | 17.54M | 398K | 1.79M | 42.87M | 97.04M | 34.51M | 30.15M | 33.84M | 63.58M |
| Net Margin % | 11.56% | 15.24% | 10.26% | 9.11% | 4.11% | 4.13% | 5.47% | 11.7% | 12.51% | 8.16% | 18.42% | 9.11% | 0.23% | 1.23% | 32.15% | 91.85% | 27.73% | 25.21% | 29.23% | 40.48% |
| Net Income Growth % | 209.15% | 345.62% | 103.58% | -13.11% | -64.78% | -38.75% | -67.27% | 53.69% | 6831.16% | 801.95% | -7.17% | -81.92% | -98.85% | -94.06% | 26.68% | 52.62% | -12.47% | 1.89% | 0.17% | 1583.4% |
| Net Income (Continuing) | 29.95M | 44.12M | 26.47M | 23.39M | 9.67M | 9.84M | 13.03M | 26.96M | 27.59M | 16.16M | 39.79M | 17.54M | 398K | 1.79M | 42.87M | 97.04M | 34.51M | 30.15M | 33.84M | 63.58M |
| EPS (Diluted) | 0.60 | 0.95 | 0.55 | 0.51 | 0.21 | 0.22 | 0.28 | 0.59 | 0.60 | 0.36 | 0.88 | 0.39 | 0.01 | 0.04 | 0.96 | 2.17 | 0.76 | 0.66 | 0.76 | 1.41 |
| EPS Growth % | 185.71% | 331.82% | 96.43% | -13.56% | -65% | -38.89% | -68.18% | 51.28% | 5900% | 800% | -8.33% | -82.03% | -98.68% | -93.94% | 26.32% | 53.9% | -13.64% | -2.94% | -6.17% | 1466.67% |
| EPS (Basic) | 0.61 | 0.96 | 0.56 | 0.51 | 0.21 | 0.22 | 0.28 | 0.60 | 0.62 | 0.36 | 0.89 | 0.40 | 0.01 | 0.04 | 0.97 | 2.21 | 0.79 | 0.69 | 0.78 | 1.48 |
| Diluted Shares Outstanding | 46.3M | 46.3M | 46.22M | 45.8M | 45.75M | 46.16M | 45.95M | 45.52M | 45.64M | 45.31M | 45.27M | 44.84M | 44.96M | 44.79M | 44.8M | 44.8M | 45.23M | 45.48M | 45.04M | 45.06M |