---
schema_version: "secwatch.filing_event.v1"
accession: "0001462120-26-000068"
form_type: "8-K"
ticker: "LOB"
cik: "0001462120"
company_name: "Live Oak Bancshares, Inc."
filed_at: "2026-10-21T20:19:55+00:00"
generated_at: "2026-10-21T20:21:15.025027+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.62
calibrated_materiality_score: 0.62
confidence: "high"
source: SEC EDGAR
---

# Live Oak Bancshares Q3 2026 EPS falls to $0.52 from $0.74 on $54.7M provision; revenue up 23.4% YoY

## Summary
- Net income attributable to common shareholders $24.3M, or $0.52 per diluted share, vs $0.74 in 2Q26 and $0.55 in 3Q25; income before taxes $35.2M fell 23.1% QoQ.
- Total revenue $175.6M, up 12.5% QoQ and 23.4% YoY; net interest income rose 6.1% QoQ and 15.2% YoY; net interest margin slipped 3 bp to 3.30%.
- Provision for credit losses $54.7M, up $28.9M QoQ and $32.5M YoY, including $17.0M of "decisive action" on the stressed distillery portfolio plus reserves for loan growth.
- Loan and lease production $2.13B, +37.8% QoQ and +29.4% YoY; deposits grew $920.6M to $15.47B; total assets $17.0B, up 15.7% YoY.
- Noninterest expense $85.7M (+2.6% YoY) helped lift pre-provision net revenue 25.6% QoQ and 52.9% YoY; CEO Chip Mahan cites Live Oak Express momentum.

## SEC filing metadata
- accession: 0001462120-26-000068
- form_type: 8-K
- ticker: LOB
- cik: 0001462120
- company_name: Live Oak Bancshares, Inc.
- filed_at: 2026-10-21T20:19:55+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.62
- calibrated_materiality_score: 0.62
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1462120/000146212026000068/0001462120-26-000068-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1462120/000146212026000068/lob-20261021.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001462120-26-000068
- JSON: https://secwatch.observer/filing/0001462120-26-000068.json
- Plain text: https://secwatch.observer/filing/0001462120-26-000068.txt

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