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Recommendations
Live Oak Bancshares price target lowered to $35 from $40 at Piper Sandler » 06:06
09/28/22
09/28
06:06
09/28/22
06:06
LOB

Live Oak Bancshares

$33.42 /

+0.31 (+0.94%)

Piper Sandler analyst…

Piper Sandler analyst Crispin Love lowered the firm's price target on Live Oak Bancshares to $35 from $40 and keeps a Neutral rating on the shares. The analyst reduced estimates to reflect lower gain on sale margins, a slightly lower net interest margin and higher expenses.

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LOB Live Oak Bancshares
$33.42 /

+0.31 (+0.94%)

LOB Live Oak Bancshares
$33.42 /

+0.31 (+0.94%)

09/14/22 Truist
Live Oak Bancshares price target lowered to $45 from $55 at Truist
08/15/22 Truist
Live Oak Bancshares price target raised to $55 from $45 at Truist
07/07/22 Raymond James
Live Oak Bancshares downgraded to Market Perform at Raymond James
07/07/22 Raymond James
Live Oak Bancshares downgraded to Market Perform from Outperform at Raymond James
LOB Live Oak Bancshares
$33.42 /

+0.31 (+0.94%)

Over a week ago
Recommendations
Live Oak Bancshares price target lowered to $45 from $55 at Truist » 07:45
09/14/22
09/14
07:45
09/14/22
07:45
LOB

Live Oak Bancshares

$34.49 /

-1.85 (-5.09%)

Truist analyst Jennifer…

Truist analyst Jennifer Demba lowered the firm's price target on Live Oak Bancshares to $45 from $55 and keeps a Buy rating on the shares as part of a broader research note on Banks. The analyst is updating her estimates to reflect slightly higher net interest margins and lower credit costs over the near term, adding that as the pace of Fed Funds hikes this year slows the economy, investors will gravitate toward bank stocks with conservative credit cultures and more discounted stock valuations.

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LOB Live Oak Bancshares
$34.49 /

-1.85 (-5.09%)

LOB Live Oak Bancshares
$34.49 /

-1.85 (-5.09%)

08/15/22 Truist
Live Oak Bancshares price target raised to $55 from $45 at Truist
07/07/22 Raymond James
Live Oak Bancshares downgraded to Market Perform at Raymond James
07/07/22 Raymond James
Live Oak Bancshares downgraded to Market Perform from Outperform at Raymond James
07/01/22 JPMorgan
Live Oak Bancshares downgraded to Neutral from Overweight at JPMorgan
LOB Live Oak Bancshares
$34.49 /

-1.85 (-5.09%)

Hot Stocks
Live Oak Bancshares to invest $25M, add 204 jobs over next five years » 16:23
09/07/22
09/07
16:23
09/07/22
16:23
LOB

Live Oak Bancshares

$34.34 /

+0.5 (+1.48%)

Live Oak Bank committed…

Live Oak Bank committed to adding 204 jobs over the next five years and investing $25M in campus expansions thanks in part to three investment grants given by the State of North Carolina, New Hanover County and the city of Wilmington. The state and local grants, totaling more than $2M, are expected to be received over 5 to 12 years. Live Oak intends to hire employees with an average salary of more than $101,000. Newly created positions will include analysts, underwriters, lending staff, technology managers, information security professionals and other personnel. This creates more than $20M in annual payroll impact for the region.

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LOB Live Oak Bancshares
$34.34 /

+0.5 (+1.48%)

LOB Live Oak Bancshares
$34.34 /

+0.5 (+1.48%)

08/15/22 Truist
Live Oak Bancshares price target raised to $55 from $45 at Truist
07/07/22 Raymond James
Live Oak Bancshares downgraded to Market Perform at Raymond James
07/07/22 Raymond James
Live Oak Bancshares downgraded to Market Perform from Outperform at Raymond James
07/01/22 JPMorgan
Live Oak Bancshares downgraded to Neutral from Overweight at JPMorgan
LOB Live Oak Bancshares
$34.34 /

+0.5 (+1.48%)

Hot Stocks
Live Oak Bank enters lending partnership with RAMP » 11:16
09/07/22
09/07
11:16
09/07/22
11:16
LOB

Live Oak Bancshares

$33.94 /

+0.1 (+0.30%)

Live Oak Bank announces…

Live Oak Bank announces it has been named a small business lending partner for Ramp. Live Oak will be a new referral channel for Ramp customers who are looking for capital for long-term growth such as acquiring a new business, growing their existing business and real estate purchases.

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LOB Live Oak Bancshares
$33.94 /

+0.1 (+0.30%)

LOB Live Oak Bancshares
$33.94 /

+0.1 (+0.30%)

08/15/22 Truist
Live Oak Bancshares price target raised to $55 from $45 at Truist
07/07/22 Raymond James
Live Oak Bancshares downgraded to Market Perform at Raymond James
07/07/22 Raymond James
Live Oak Bancshares downgraded to Market Perform from Outperform at Raymond James
07/01/22 JPMorgan
Live Oak Bancshares downgraded to Neutral from Overweight at JPMorgan
LOB Live Oak Bancshares
$33.94 /

+0.1 (+0.30%)

Hot Stocks
Live Oak Ventures exits Payrailz investment » 10:03
09/06/22
09/06
10:03
09/06/22
10:03
LOB

Live Oak Bancshares

$33.52 /

-0.3 (-0.89%)

, JKHY

Jack Henry

$192.01 /

+0.84 (+0.44%)

Live Oak Ventures has…

Live Oak Ventures has exited its investment in Payrailz, LLC, a digital payments platform, recently acquired by Jack Henry & Associates (JKHY). Live Oak anticipates an estimated pre-tax gain of approximately $28M, subject to final adjustments. "This is the third investment by Live Oak that has had a greater than 9x return. We are proud of the success we are seeing in our investment strategy - partnering with industry veterans to address challenges in banking, and particularly in small business banking," said Stephanie Mann, Live Oak's Chief Strategy Officer. Live Oak Ventures is a wholly owned subsidiary of Live Oak Bancshares.

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LOB Live Oak Bancshares
$33.52 /

-0.3 (-0.89%)

JKHY Jack Henry
$192.01 /

+0.84 (+0.44%)

LOB Live Oak Bancshares
$33.52 /

-0.3 (-0.89%)

08/15/22 Truist
Live Oak Bancshares price target raised to $55 from $45 at Truist
07/07/22 Raymond James
Live Oak Bancshares downgraded to Market Perform at Raymond James
07/07/22 Raymond James
Live Oak Bancshares downgraded to Market Perform from Outperform at Raymond James
07/01/22 JPMorgan
Live Oak Bancshares downgraded to Neutral from Overweight at JPMorgan
JKHY Jack Henry
$192.01 /

+0.84 (+0.44%)

08/18/22 RBC Capital
Jack Henry price target raised to $199 from $190 at RBC Capital
08/18/22 DA Davidson
Jack Henry cut to Neutral at DA Davidson on lower margins and valuation
08/18/22 Morgan Stanley
Jack Henry price target lowered to $185 from $190 at Morgan Stanley
08/18/22 DA Davidson
Jack Henry downgraded to Neutral from Buy at DA Davidson
LOB Live Oak Bancshares
$33.52 /

-0.3 (-0.89%)

JKHY Jack Henry
$192.01 /

+0.84 (+0.44%)

JKHY Jack Henry
$192.01 /

+0.84 (+0.44%)

Over a month ago
Recommendations
Live Oak Bancshares price target raised to $55 from $45 at Truist » 08:39
08/15/22
08/15
08:39
08/15/22
08:39
LOB

Live Oak Bancshares

$42.61 /

+1.42 (+3.45%)

Truist analyst Jennifer…

Truist analyst Jennifer Demba raised the firm's price target on Live Oak Bancshares to $55 from $45 and keeps a Buy rating on the shares after her meeting with its management. The analyst states that the lender hiring pipeline remains robust and at all-time high levels. Demba adds that Live Oak's funding loan growth remains a top strategic priority, while the gathering of NIB accounts should accelerate in 2023.

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LOB Live Oak Bancshares
$42.61 /

+1.42 (+3.45%)

LOB Live Oak Bancshares
$42.61 /

+1.42 (+3.45%)

07/07/22 Raymond James
Live Oak Bancshares downgraded to Market Perform at Raymond James
07/07/22 Raymond James
Live Oak Bancshares downgraded to Market Perform from Outperform at Raymond James
07/01/22 JPMorgan
Live Oak Bancshares downgraded to Neutral from Overweight at JPMorgan
06/29/22 Piper Sandler
Live Oak Bancshares price target lowered to $40 from $51 at Piper Sandler
LOB Live Oak Bancshares
$42.61 /

+1.42 (+3.45%)

Conference/Events
Live Oak Bancshares participates in a conference call with Truist » 10:25
08/12/22
08/12
10:25
08/12/22
10:25
LOB

Live Oak Bancshares

$41.66 /

+0.47 (+1.14%)

Analysts Demba and King…

Analysts Demba and King hold a conference call with Chairman & CEO Mahan, CFO Losch and President of Live Oak Banking Company Garriott on August 12 at 11 am. Webcast Link

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LOB Live Oak Bancshares
$41.66 /

+0.47 (+1.14%)

LOB Live Oak Bancshares
$41.66 /

+0.47 (+1.14%)

07/07/22 Raymond James
Live Oak Bancshares downgraded to Market Perform at Raymond James
07/07/22 Raymond James
Live Oak Bancshares downgraded to Market Perform from Outperform at Raymond James
07/01/22 JPMorgan
Live Oak Bancshares downgraded to Neutral from Overweight at JPMorgan
06/29/22 Piper Sandler
Live Oak Bancshares price target lowered to $40 from $51 at Piper Sandler
LOB Live Oak Bancshares
$41.66 /

+0.47 (+1.14%)

Conference/Events
Live Oak Bancshares participates in a conference call with Truist » 04:55
08/12/22
08/12
04:55
08/12/22
04:55
LOB

Live Oak Bancshares

$41.36 /

+0.76 (+1.87%)

Analysts Demba and King…

Analysts Demba and King hold a conference call with Chairman & CEO Mahan, CFO Losch and President of Live Oak Banking Company Garriott on August 12 at 11 am. Webcast Link

ShowHide Related Items >><<
LOB Live Oak Bancshares
$41.36 /

+0.76 (+1.87%)

LOB Live Oak Bancshares
$41.36 /

+0.76 (+1.87%)

07/07/22 Raymond James
Live Oak Bancshares downgraded to Market Perform at Raymond James
07/07/22 Raymond James
Live Oak Bancshares downgraded to Market Perform from Outperform at Raymond James
07/01/22 JPMorgan
Live Oak Bancshares downgraded to Neutral from Overweight at JPMorgan
06/29/22 Piper Sandler
Live Oak Bancshares price target lowered to $40 from $51 at Piper Sandler
LOB Live Oak Bancshares
$41.36 /

+0.76 (+1.87%)

Conference/Events
Live Oak Bancshares participates in a conference call with Truist » 14:05
08/05/22
08/05
14:05
08/05/22
14:05
LOB

Live Oak Bancshares

$38.59 /

+ (+0.00%)

Analysts Demba and King…

Analysts Demba and King hold a conference call with Chairman & CEO Mahan, CFO Losch and President of Live Oak Banking Company Garriott on August 12 at 11 am. Webcast Link

ShowHide Related Items >><<
LOB Live Oak Bancshares
$38.59 /

+ (+0.00%)

LOB Live Oak Bancshares
$38.59 /

+ (+0.00%)

07/07/22 Raymond James
Live Oak Bancshares downgraded to Market Perform at Raymond James
07/07/22 Raymond James
Live Oak Bancshares downgraded to Market Perform from Outperform at Raymond James
07/01/22 JPMorgan
Live Oak Bancshares downgraded to Neutral from Overweight at JPMorgan
06/29/22 Piper Sandler
Live Oak Bancshares price target lowered to $40 from $51 at Piper Sandler
LOB Live Oak Bancshares
$38.59 /

+ (+0.00%)

Earnings
Live Oak Bancshares reports Q2 EPS $2.16, consensus 45c » 16:40
07/27/22
07/27
16:40
07/27/22
16:40
LOB

Live Oak Bancshares

$36.54 /

+0.86 (+2.41%)

Reports Q2 revenue…

Reports Q2 revenue $208.46M, consensus $97.55M. Reports Q2 tangible book value per share $17.97. "We continue to be optimistic about the future, as the second quarter's performance indicates there are ample opportunities to serve America's small businesses on our next-generation platform," said Live Oak Bancshares Chairman and CEO James S. (Chip) Mahan, III. "The capital gains we recognized this quarter through our Finxact investment add more fuel to our mission, giving Live Oak a unique position to be nimble and innovative while maintaining a focus on safety and soundness."

ShowHide Related Items >><<
LOB Live Oak Bancshares
$36.54 /

+0.86 (+2.41%)

LOB Live Oak Bancshares
$36.54 /

+0.86 (+2.41%)

07/07/22 Raymond James
Live Oak Bancshares downgraded to Market Perform at Raymond James
07/07/22 Raymond James
Live Oak Bancshares downgraded to Market Perform from Outperform at Raymond James
07/01/22 JPMorgan
Live Oak Bancshares downgraded to Neutral from Overweight at JPMorgan
06/29/22 Piper Sandler
Live Oak Bancshares price target lowered to $40 from $51 at Piper Sandler
LOB Live Oak Bancshares
$36.54 /

+0.86 (+2.41%)

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