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Market Overview

Live Oak Bancshares: Q4 Earnings Insights

Share:

Shares of Live Oak Bancshares (NASDAQ:LOB) were unchanged in after-market trading after the company reported Q4 results.

Quarterly Results

Earnings per share increased 305.88% year over year to $0.69, which beat the estimate of $0.52.

Revenue of $73,104,000 rose by 22.79% from the same period last year, which missed the estimate of $83,640,000.

Looking Ahead

Earnings guidance hasn't been issued by the company for now.

Revenue guidance hasn't been issued by the company for now.

Price Action

Company's 52-week high was at $52.45

52-week low: $7.57

Price action over last quarter: Up 37.32%

Company Description

Live Oak Bancshares Inc operates as the bank holding company for the Live Oak Banking Company that provides various commercial banking products and services to individuals and businesses in North Carolina. The company accepts various deposit products, including noninterest-bearing demand, interest-bearing checking, money market, saving, and time deposits.

 

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Posted-In: BZI-RecapsEarnings