secwatch.observer — SEC 8-K summary
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Issuer:     Live Oak Bancshares, Inc. (LOB)
CIK:        0001462120
Form:       8-K
Filed at:   2025-10-22T23:59:59+00:00
Accession:  0001462120-25-000088
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Live Oak Q3 net income $25.6M ($0.55 EPS); loan production $1.65B, assets up 16% YoY
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- Net income of $25.6M ($0.55 diluted EPS) vs $13.0M ($0.28) in Q3 2024; net interest income up 19.1% YoY.
- Total revenue $146.1M, up 1.6% QoQ and 12.4% YoY; noninterest expense $87.3M, down 2.2% QoQ.
- Loan production of $1.65B; total loans $11.9B, up 4.8% QoQ; deposits grew $695.9M to $13.29B.
- Raised $96.3M via preferred stock offering in Q3; subsequent sale of Apiture adds ~$24M pre-tax gain.
- Provision for credit losses $22.2M, down $1.0M QoQ and $12.3M YoY.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1462120/000146212025000088/0001462120-25-000088-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1462120/000146212025000088/lob-20251022.htm
  HTML page:      https://secwatch.observer/filing/0001462120-25-000088

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