Live Oak Bancshares (LOB) | Financial Analysis & Statements
Financial Overview
Latest Annual: 2024Income Metrics
Revenue
492.8M
Net Income
77.4M
15.71%
EPS (Diluted)
$1.69
Balance Sheet Metrics
Total Assets
12.9B
Total Liabilities
11.9B
Shareholders Equity
1.0B
Debt to Equity
11.90
Cash Flow Metrics
Operating Cash Flow
507.2M
Free Cash Flow
487.2M
Revenue & Profitability Trend
Live Oak Bancshares Income Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Revenue | 492.8M | 433.6M | 391.9M | 442.0M | 284.6M |
| Cost of Goods Sold | - | - | - | - | - |
| Gross Profit | - | - | - | - | - |
| Operating Expenses | 205.3M | 204.3M | 191.1M | 137.0M | 123.5M |
| Operating Income | - | - | - | - | - |
| Pre-tax Income | 89.2M | 82.8M | 210.3M | 210.8M | 47.4M |
| Income Tax | 11.8M | 8.9M | 34.1M | 43.8M | -12.2M |
| Net Income | 77.4M | 73.9M | 176.2M | 167.0M | 59.5M |
| EPS (Diluted) | $1.69 | $1.64 | $3.92 | $3.71 | $1.43 |
Income Statement Trend
Live Oak Bancshares Balance Sheet From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Assets | |||||
| Current Assets | - | - | - | - | - |
| Non-Current Assets | - | - | - | - | - |
| Total Assets | 12.9B | - | - | - | - |
| Liabilities | |||||
| Current Liabilities | - | - | - | - | - |
| Non-Current Liabilities | - | - | - | - | - |
| Total Liabilities | 11.9B | - | - | - | - |
| Equity | |||||
| Total Shareholders Equity | 1.0B | 902.7M | 811.0M | 715.1M | 567.8M |
Balance Sheet Composition
Live Oak Bancshares Cash Flow Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Net Income | 77.4M | 73.9M | 176.2M | 167.0M | 59.5M |
| Operating Cash Flow | 507.2M | 594.7M | 255.5M | -40.1M | -289.9M |
| Investing Activities | |||||
| Capital Expenditures | -4.7M | -28.2M | -43.8M | 6.0M | -11.9M |
| Investing Cash Flow | -126.8M | -152.6M | -174.2M | -160.4M | -206.2M |
| Financing Activities | |||||
| Dividends Paid | -5.4M | -5.3M | -5.3M | -5.2M | -4.9M |
| Financing Cash Flow | 79.7M | -71.9M | -245.3M | -1.2B | 1.5B |
| Free Cash Flow | 487.2M | 573.2M | 80.7M | -122.8M | -282.0M |
Cash Flow Trend
Live Oak Bancshares Key Financial Ratios
Valuation Ratios
P/E Ratio (TTM)
24.52
Forward P/E
11.15
Price to Book
1.42
Price to Sales
3.64
PEG Ratio
11.15
Profitability Ratios
Profit Margin
14.93%
Operating Margin
17.17%
Return on Equity
6.07%
Return on Assets
0.47%
Financial Health
Debt to Equity
0.11
Beta
1.85
Per Share Data
EPS (TTM)
$1.30
Book Value per Share
$22.53
Revenue per Share
$8.84
Peer Financial Comparison
| Company | Market Cap | P/E Ratio | P/B Ratio | ROE | Profit Margin | Debt/Equity |
|---|---|---|---|---|---|---|
| lob | 1.5B | 24.52 | 1.42 | 6.07% | 14.93% | 0.11 |
| U.S. Bancorp | 74.6B | 11.85 | 1.40 | 11.53% | 26.38% | 1.34 |
| PNC Financial | 70.3B | 12.56 | 1.39 | 11.33% | 28.75% | 1.12 |
| Pathward Financial | 2.0B | 11.33 | 2.37 | 23.20% | 24.77% | 0.04 |
| Nicolet Bankshares | 2.0B | 15.73 | 1.67 | 11.47% | 36.51% | 0.13 |
| First Bancorp | 1.9B | 22.04 | 1.28 | 6.06% | 25.14% | 0.07 |
Financial data is updated regularly. All figures are in the company's reporting currency.