Live Oak Bancshares Posts Q3 EPS of $0.52
LOB sits 20% above its 52-week low of $29.36.
Summary
Live Oak reported third-quarter EPS of $0.52, down from $0.74 in Q2 2026, with net income of $24.3M and revenue of $175.6M. That is a meaningful step back from the prior quarter's 47% year-over-year profit growth, which was driven by loan growth and margin expansion. Margin and any credit commentary are not yet known. Q2 also included a disclosed material weakness in internal controls, so credit quality and control updates in the full release will matter. The stock trades near $35 with a market cap around $1.6B, so a swing of this size in quarterly earnings is material to the thesis.
At the time of this announcement, LOB was trading at $35.35 on NYSE in the Finance sector, with a market capitalization of approximately $1.6B. The 52-week trading range was $29.36 to $44.53. This news item was assessed with negative market sentiment and an importance score of 7 out of 10. Source: Dow Jones Newswires.