Breaking News

Over a week ago
Show Full Stories

X

To view all stories in expanded form, please subscribe.
Send Info
Hot Stocks
Live Oak Bank appoints Renato Derraik as chief information, digital officeAlly Financial » 10:02
05/10/21
05/10
10:02
05/10/21
10:02
LOB

Live Oak Bancshares

$67.00 /

-0.275 (-0.41%)

, ALLY

Ally Financial

$54.80 /

+0.7 (+1.29%)

Live Oak Bank (LOB)…

Live Oak Bank (LOB) announced that Renato Derraik will join as Chief Information & Digital Officer, leading the bank's digital transformation efforts. He assumes his role on June 7. As head of information technology and digital applications, infrastructure, and architecture, Derraik will be responsible for driving the strategy and execution of Live Oak's technology and digital initiatives in full alignment with corporate business strategy. He will manage and lead a flexible, innovative, high-performance, cloud-first IT organization, playing a key role in enabling Live Oak's competitiveness and growth. He joins Live Oak after serving as Chief Digital Officer at Ally Financial (ALLY).

ShowHide Related Items >><<
ALLY Ally Financial
$54.80 /

+0.7 (+1.29%)

LOB Live Oak Bancshares
$67.00 /

-0.275 (-0.41%)

04/22/21 Raymond James
Live Oak Bancshares price target raised to $80 from $50 at Raymond James
04/12/21 JPMorgan
Live Oak Bancshares initiated with a Neutral at JPMorgan
03/08/21 Truist
Live Oak Bancshares price target raised to $65 from $60 at Truist
02/22/21 Truist
Live Oak Bancshares price target raised to $60 from $48 at Truist
ALLY Ally Financial
$54.80 /

+0.7 (+1.29%)

04/19/21 BMO Capital
Ally Financial price target raised to $58 from $55 at BMO Capital
04/19/21 Barclays
Ally Financial price target raised to $60 from $57 at Barclays
04/15/21 JPMorgan
Ally Financial price target raised to $54 from $48 at JPMorgan
04/13/21 Wells Fargo
Ally Financial price target raised to $57 from $51 at Wells Fargo
LOB Live Oak Bancshares
$67.00 /

-0.275 (-0.41%)

ALLY Ally Financial
$54.80 /

+0.7 (+1.29%)

ALLY Ally Financial
$54.80 /

+0.7 (+1.29%)

ALLY Ally Financial
$54.80 /

+0.7 (+1.29%)

Recommendations
Live Oak Bancshares price target raised to $80 from $50 at Raymond James » 13:53
04/22/21
04/22
13:53
04/22/21
13:53
LOB

Live Oak Bancshares

$64.68 /

-0.9 (-1.37%)

Raymond James analyst…

Raymond James analyst Ammar Samma raised the firm's price target on Live Oak Bancshares to $80 from $50 and keeps a Strong Buy rating on the shares following the company's Q1 earnings report.

ShowHide Related Items >><<
LOB Live Oak Bancshares
$64.68 /

-0.9 (-1.37%)

04/12/21 JPMorgan
Live Oak Bancshares initiated with a Neutral at JPMorgan
03/08/21 Truist
Live Oak Bancshares price target raised to $65 from $60 at Truist
02/22/21 Truist
Live Oak Bancshares price target raised to $60 from $48 at Truist
01/28/21 Keefe Bruyette
Live Oak recent weakness a buying opportunity, says Keefe Bruyette
LOB Live Oak Bancshares
$64.68 /

-0.9 (-1.37%)

LOB Live Oak Bancshares
$64.68 /

-0.9 (-1.37%)

Earnings
Live Oak Bancshares reports Q1 adjusted EPS 88c, consensus 61c » 16:37
04/21/21
04/21
16:37
04/21/21
16:37
LOB

Live Oak Bancshares

$65.94 /

+1.825 (+2.85%)

Reports Q1 net interest…

Reports Q1 net interest margin 3.81% vs. 3.55% a year ago.

ShowHide Related Items >><<
LOB Live Oak Bancshares
$65.94 /

+1.825 (+2.85%)

04/12/21 JPMorgan
Live Oak Bancshares initiated with a Neutral at JPMorgan
03/08/21 Truist
Live Oak Bancshares price target raised to $65 from $60 at Truist
02/22/21 Truist
Live Oak Bancshares price target raised to $60 from $48 at Truist
01/28/21 Keefe Bruyette
Live Oak recent weakness a buying opportunity, says Keefe Bruyette
LOB Live Oak Bancshares
$65.94 /

+1.825 (+2.85%)

LOB Live Oak Bancshares
$65.94 /

+1.825 (+2.85%)

Over a month ago
Initiation
Live Oak Bancshares initiated with a Neutral at JPMorgan » 07:23
04/12/21
04/12
07:23
04/12/21
07:23
LOB

Live Oak Bancshares

$70.02 /

+0.77 (+1.11%)

JPMorgan analyst Steven…

JPMorgan analyst Steven Alexopoulos initiated coverage of Live Oak Bancshares with a Neutral rating and $78 price target. The stock rallied in tandem with the Paycheck Protection Program program ramping sales growth, but as the financial contribution from the PPP program recedes over the next year, the strong performance of the shares will also recede, Alexopoulos tells investors in a research note.

ShowHide Related Items >><<
LOB Live Oak Bancshares
$70.02 /

+0.77 (+1.11%)

03/08/21 Truist
Live Oak Bancshares price target raised to $65 from $60 at Truist
02/22/21 Truist
Live Oak Bancshares price target raised to $60 from $48 at Truist
01/28/21 Keefe Bruyette
Live Oak recent weakness a buying opportunity, says Keefe Bruyette
12/14/20 Keefe Bruyette
Keefe Bruyette starts 'most innovative' Live Oak with Outperform rating
LOB Live Oak Bancshares
$70.02 /

+0.77 (+1.11%)

LOB Live Oak Bancshares
$70.02 /

+0.77 (+1.11%)

Recommendations
Live Oak Bancshares price target raised to $65 from $60 at Truist » 09:19
03/08/21
03/08
09:19
03/08/21
09:19
LOB

Live Oak Bancshares

$52.91 /

-0.1699 (-0.32%)

Truist analyst Jennifer…

Truist analyst Jennifer Demba raised the firm's price target on Live Oak Bancshares to $65 from $60 and keeps a Buy rating on the shares as part of a broader research note on Regional and Community Banks. The analyst states that the banks' near term revenue trends are challenging with constrained spread income growth over the near term, but this could improve as COVID vaccine distribution broadens. Demba adds that the demand for multifamily and industrial commercial real estate loans is "actually healthy" and could improve further in the second half of the year.

ShowHide Related Items >><<
LOB Live Oak Bancshares
$52.91 /

-0.1699 (-0.32%)

02/22/21 Truist
Live Oak Bancshares price target raised to $60 from $48 at Truist
01/28/21 Keefe Bruyette
Live Oak recent weakness a buying opportunity, says Keefe Bruyette
12/14/20 Keefe Bruyette
Keefe Bruyette starts 'most innovative' Live Oak with Outperform rating
12/13/20 Keefe Bruyette
Live Oak Bancshares initiated with an Outperform at Keefe Bruyette
LOB Live Oak Bancshares
$52.91 /

-0.1699 (-0.32%)

LOB Live Oak Bancshares
$52.91 /

-0.1699 (-0.32%)

Recommendations
Live Oak Bancshares price target raised to $60 from $48 at Truist » 09:18
02/22/21
02/22
09:18
02/22/21
09:18
LOB

Live Oak Bancshares

$48.69 /

+1.74 (+3.71%)

Truist analyst Jennifer…

Truist analyst Jennifer Demba raised the firm's price target on Live Oak Bancshares to $60 from $48 and keeps a Buy rating on the shares. The analyst says that her virtual "visit" to the company's HQ and her detailed discussions with its management suggest that Live Oak remains uniquely positioned to capitalize on the convergence of banking and fintech, while its new deposit platform should lower its cost of funds.

ShowHide Related Items >><<
LOB Live Oak Bancshares
$48.69 /

+1.74 (+3.71%)

LOB Live Oak Bancshares
$48.69 /

+1.74 (+3.71%)

01/28/21 Keefe Bruyette
Live Oak recent weakness a buying opportunity, says Keefe Bruyette
12/14/20 Keefe Bruyette
Keefe Bruyette starts 'most innovative' Live Oak with Outperform rating
12/13/20 Keefe Bruyette
Live Oak Bancshares initiated with an Outperform at Keefe Bruyette
10/26/20 Raymond James
Live Oak Bancshares upgraded to Strong Buy from Outperform at Raymond James
LOB Live Oak Bancshares
$48.69 /

+1.74 (+3.71%)

LOB Live Oak Bancshares
$48.69 /

+1.74 (+3.71%)

Over a quarter ago
Recommendations
Live Oak recent weakness a buying opportunity, says Keefe Bruyette » 16:26
01/28/21
01/28
16:26
01/28/21
16:26
LOB

Live Oak Bancshares

$40.61 /

-0.6 (-1.46%)

Keefe Bruyette analyst…

Keefe Bruyette analyst Michael Perito sees a "good buying opportunity" with Live Oak Bancshares down 19% over the past month. 2021 has "several catalysts," including Paycheck Protection Program revenue recognition, growth of its new deposit platform and the potential launching of embedded finance partnerships, Perito tells investors in a research note. The analyst raised estimates following Live Oak's Q4 results and reiterates an Outperform rating on the shares with a $56 price target.

ShowHide Related Items >><<
LOB Live Oak Bancshares
$40.61 /

-0.6 (-1.46%)

LOB Live Oak Bancshares
$40.61 /

-0.6 (-1.46%)

12/14/20 Keefe Bruyette
Keefe Bruyette starts 'most innovative' Live Oak with Outperform rating
12/13/20 Keefe Bruyette
Live Oak Bancshares initiated with an Outperform at Keefe Bruyette
10/26/20 Raymond James
Live Oak Bancshares upgraded to Strong Buy from Outperform at Raymond James
10/26/20 Truist
Live Oak Bancshares price target raised to $43 from $28 at Truist
LOB Live Oak Bancshares
$40.61 /

-0.6 (-1.46%)

LOB Live Oak Bancshares
$40.61 /

-0.6 (-1.46%)

Earnings
Live Oak Bancshares reports Q4 EPS 69c,consensus 52c » 16:36
01/27/21
01/27
16:36
01/27/21
16:36
LOB

Live Oak Bancshares

$41.20 /

-5.3 (-11.40%)

Reports Q4 tangible book…

Reports Q4 tangible book value per share $13.28. Reports Q4 CET1 capital ratio 12.21%. Reports Q4 net charge-offs .05%. "Our mission to be America's small business bank has never been more important. The past year was incredibly challenging for our country's entrepreneurs, and their drive and determination reinforce why we want to fundamentally shift the way banking is done," said James S. Mahan, III, Chairman and CEO of Live Oak Bancshares. "As our efforts to drive rapid change in financial technology gained momentum in 2020, our teams continued their relentless focus on supporting customers in a time unequaled in recent history. In 2020, we grew assets by $3 billion by serving small businesses across the U.S. and significantly increased net income. Our balance sheet and funding model position us very well to serve America's small businesses in the coming year. We will continue to drive the core earnings of the bank, while providing vital capital to small business owners who are the cornerstone of our country's economy."

ShowHide Related Items >><<
LOB Live Oak Bancshares
$41.20 /

-5.3 (-11.40%)

LOB Live Oak Bancshares
$41.20 /

-5.3 (-11.40%)

12/14/20 Keefe Bruyette
Keefe Bruyette starts 'most innovative' Live Oak with Outperform rating
12/13/20 Keefe Bruyette
Live Oak Bancshares initiated with an Outperform at Keefe Bruyette
10/26/20 Raymond James
Live Oak Bancshares upgraded to Strong Buy from Outperform at Raymond James
10/26/20 Truist
Live Oak Bancshares price target raised to $43 from $28 at Truist
LOB Live Oak Bancshares
$41.20 /

-5.3 (-11.40%)

LOB Live Oak Bancshares
$41.20 /

-5.3 (-11.40%)

Initiation
Keefe Bruyette starts 'most innovative' Live Oak with Outperform rating » 11:10
12/14/20
12/14
11:10
12/14/20
11:10
LOB

Live Oak Bancshares

$45.41 /

+1.54 (+3.51%)

Keefe Bruyette analyst…

Keefe Bruyette analyst Michael Perito last night initiated coverage of Live Oak Bancshares with an Outperform rating and $56 price target. Live Oak continues to distinguish itself as one of the "most innovative banks" in the country, Perito tells investors in a research note. With a "fortress" balance sheet, double-digit balance sheet growth outlook, an active technology venture investment arm and "tremendous opportunity" for deposit improvement, Live Oak's growth is in the "early innings," says the analyst.

ShowHide Related Items >><<
LOB Live Oak Bancshares
$45.41 /

+1.54 (+3.51%)

LOB Live Oak Bancshares
$45.41 /

+1.54 (+3.51%)

12/13/20 Keefe Bruyette
Live Oak Bancshares initiated with an Outperform at Keefe Bruyette
10/26/20 Raymond James
Live Oak Bancshares upgraded to Strong Buy from Outperform at Raymond James
10/26/20 Truist
Live Oak Bancshares price target raised to $43 from $28 at Truist
10/26/20 Raymond James
Live Oak Bancshares upgraded to Strong Buy from Outperform at Raymond James
LOB Live Oak Bancshares
$45.41 /

+1.54 (+3.51%)

LOB Live Oak Bancshares
$45.41 /

+1.54 (+3.51%)

Initiation
Live Oak Bancshares initiated with an Outperform at Keefe Bruyette » 21:06
12/13/20
12/13
21:06
12/13/20
21:06
LOB

Live Oak Bancshares

$43.87 /

+1.38 (+3.25%)

Keefe Bruyette analyst…

Keefe Bruyette analyst Michael Perito initiated coverage of Live Oak Bancshares with an Outperform rating and $56 price target.

ShowHide Related Items >><<
LOB Live Oak Bancshares
$43.87 /

+1.38 (+3.25%)

LOB Live Oak Bancshares
$43.87 /

+1.38 (+3.25%)

10/26/20 Raymond James
Live Oak Bancshares upgraded to Strong Buy from Outperform at Raymond James
10/26/20 Truist
Live Oak Bancshares price target raised to $43 from $28 at Truist
10/26/20 Raymond James
Live Oak Bancshares upgraded to Strong Buy from Outperform at Raymond James
09/29/20
Fly Intel: Top five analyst initiations
LOB Live Oak Bancshares
$43.87 /

+1.38 (+3.25%)

LOB Live Oak Bancshares
$43.87 /

+1.38 (+3.25%)

Get Full Fly Access

Breaking market intelligence sent straight to you
Our team of experts analyze every news story and filter out the noise to deliver real-time market moving news.
Up-to-date information on important industry events
Get real-time updates on events that are moving the market—from conferences and calls to syndicate announcements.
News focused on the companies in your portfolio
Create up to 12 portfolios with 150 stocks each, and see how active they are in market news.