---
schema_version: "secwatch.filing_event.v1"
accession: "0001462120-24-000047"
form_type: "8-K"
ticker: "LOB"
cik: "0001462120"
company_name: "Live Oak Bancshares, Inc."
filed_at: "2024-07-24T23:59:59+00:00"
generated_at: "2026-05-31T16:51:51.700048+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Live Oak Q2 net income $27M ($0.59 EPS); loan originations surge 45.5% QoQ

## Summary
- Net income $27.0M ($0.59 diluted EPS) vs $27.6M in Q1; total revenue $125.5M, up 8% QoQ.
- Loan originations $1.17B, +45.5% QoQ and +36% YoY; total loans $9.54B, +3.4% QoQ.
- Net interest margin 3.28% (-5 bps QoQ); net charge-offs $8.3M (0.38% annualized) vs $3.2M Q1.
- Nonperforming loans fell to $37.3M (0.42%) from $43.1M (0.51%) QoQ.
- Provision for credit losses $11.8M, down from $16.4M Q1; borrowings $117.7M, including $100M term loan.

## SEC filing metadata
- accession: 0001462120-24-000047
- form_type: 8-K
- ticker: LOB
- cik: 0001462120
- company_name: Live Oak Bancshares, Inc.
- filed_at: 2024-07-24T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1462120/000146212024000047/0001462120-24-000047-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1462120/000146212024000047/lob-20240724.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001462120-24-000047
- JSON: https://secwatch.observer/filing/0001462120-24-000047.json
- Plain text: https://secwatch.observer/filing/0001462120-24-000047.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.