Live Oak Bancshares (LOB) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

Live Oak Bancshares

NYSE•Financial Services•Banks - Regional

$38.16-0.96(-0.02%)Pre-market

Market Cap

$1.77B

P/E

12.7x

P/S

2.9x

P/B

1.3x

Live Oak Bancshares, Inc. operates as the bank holding company for Live Oak Banking Company that provides various banking products and services in the United States. The company accepts various deposit products, including noninterest-bearing demand, as well as interest-bearing checking, money market, savings, and time deposits. It also provides commercial and industrial loans; construction and development loans; owner occupied and non-owner occupied collateral commercial real estate loans; and commercial land loans. In addition, the company offers settlement, accounting, and securitization services for government guaranteed loans; financing for renewable energy application industry; strategic wealth and investment management services to high-net-worth individuals and families; and investment advisory services to a series of funds focused on providing venture capital to new and emerging financial technology companies. Live Oak Bancshares, Inc. was founded in 2008 and is headquartered in Wilmington, North Carolina.

How this company scores

WeakMetricSide Score: 69/100

Grade capped at D — Interest coverage below 1× (0.4x) — earnings cannot cover interest. Strongest: Profitability (23/25); weakest: Balance Sheet & Red Flags (8/25).

Profitability23/25

Growth23/25

Balance Sheet & Red Flags8/25

Cash & Earnings Quality15/25

Strengths

Growing revenueStrong marginsRising earningsCash-backed earnings

Grade capped at D

Interest coverage below 1× (0.4x) — earnings cannot cover interest.

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 12.7x5y range 6.6x – 13894.4x

Currently below its 20-quarter median.

P/S · 2.9x5y range 1.9x – 4828.1x

Currently near its 20-quarter median.

P/B · 1.3x5y range 1.2x – 3157.0x

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

Some Concerns

Share Dilution

Watch

Shares outstanding rose 2.6% — mild dilution. Compare to earnings growth to assess the net per-share impact.

Price & Volume

Market Cap $1.77B

Metrics at a Glance

as of June 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $609.58M
Q. Revenue: $156.15M
TTM EBITDA: $227.69M
TTM Op. Income: $184.38M
Q. Op. Income: $45.82M
TTM Net Income: $139.56M
Q. Net Income: $36.80M
EPS: $0.75
Shares Out.: $46.27M

$609.58M in TTM revenue grew 15.5% YoY, reaching $156.15M last quarter. TTM EBITDA of $227.69M and TTM operating income of $184.38M show growth is flowing through to the bottom line. TTM net income of $139.56M means revenue is converting into profit. Across the last 8 quarters, TTM revenue has risen for 7 consecutive quarters — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

Gross Margin: 25.5%
EBITDA Margin: 33.4%
Op. Margin: 29.3%
Net Margin: 23.6%

Op. margin of 29.3% is up 7.6% YoY — cost efficiency is improving. Net margin at 23.6% and gross margin of 25.5% show how much of each revenue dollar survives to profit. Over the past year, operating margin is up 35% — an improving trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: 12.7x
P/S Ratio: 2.9x
P/B Ratio: 1.3x

At 12.7x P/E, the stock trades below typical market levels. P/S of 2.9x and P/B of 1.3x provide additional context. P/E sits below typical market levels while revenue is growing. Over the past year, P/E is down 48% — a weakening trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $16.04B
Cash: $927.63M
Long-Term Debt: N/A
Book Value: $1.31B
D/E Ratio: N/A
Debt/EBITDA: 0.0

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $31.19M
TTM Free Cash Flow: $-52.23M
FCF Margin: -8.6%
FCF / Net Income: -0.4

TTM FCF of $-52.23M on $31.19M in operating cash flow. The FCF / Net Income ratio of -0.4x means the business consumes cash — it is not yet self-funding. Across the last 8 quarters, free cash flow has fallen for 4 consecutive quarters — a weakening trend.