Earnings Summary

Live Oak Bancshares Inc’s revenue jumped 23.14% since last year same period to $124.84Mn in the Q3 2023. On a quarterly growth basis, Live Oak Bancshares Inc has generated 16.59% jump in its revenue since last 3-months.

Live Oak Bancshares Inc’s net profit fell -7.17% since last year same period to $39.79Mn in the Q3 2023. On a quarterly growth basis, Live Oak Bancshares Inc has generated 126.82% jump in its net profits since last 3-months.

Live Oak Bancshares Inc’s net profit margin fell -24.62% since last year same period to 31.88% in the Q3 2023. On a quarterly growth basis, Live Oak Bancshares Inc has generated 94.54% jump in its net profit margins since last 3-months.

Live Oak Bancshares Inc’s price-to-earnings ratio after this Q3 2023 earnings stands at 24.8.

Live Oak Bancshares Inc’s earning per share (EPS) estimates for the current quarter stand at 0.51 - a 6.25% jump from last quarter’s estimates.

Live Oak Bancshares Inc’s earning per share (EPS) estimates for the current year stand at 0.51.

Live Oak Bancshares Inc’s earning per share (EPS) fell -8.33% since last year same period to 0.88 in the Q3 2023. This indicates that the Live Oak Bancshares Inc has generated -8.33% annual rate of fall in its earning per share (EPS) in the last 4 quarters.

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Live Oak Bancshares Inc’s return on assets (ROA) stands at 0.01.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Live Oak Bancshares Inc’s return on equity (ROE) stands at 0.07.

Live Oak Bancshares Inc declared 0.03 dividend per share during the earnings announcement for Q3 2023.