Management expressed increased confidence that "the end of the current small business credit cycle is near," supported by improving credit indicators and proactive resolution of problem loans. The ...

Live Oak Bancshares (NYSE:LOB), known for its innovative online small business lending platform, released its Q4 2024 results on Jan. 22. Diluted earnings per share (EPS) came in at $0.22, missing ...

This press release presents non-GAAP financial measures. The adjustments to reconcile from the non-GAAP financial measures to the applicable GAAP financial measure are included where applicable in ...

Despite credit quality concerns, Live Oak Chairman and CEO Chip Mahon said the company enjoyed a "historic" quarter of loan growth. Live Oak Bancshares achieved what Chairman and CEO Chip Mahon termed ...