Patrick Timothy McHenry
appointed Patrick Timothy McHenry to serve as a Board member, effective as of May 21, 2025.
Highest-materiality recent filing
Live Oak Bancshares shareholders approve all proposals at 2026 annual meeting
All 10 director nominees elected including Tonya W. Bradford, William H. Cameron, and Patrick T. McHenry.
Common dividend of $0.03 per share declared by Board of Directors on May 19, 2026.
Live Oak Q1 2026 net income $27.9M ($0.60 EPS); loan production $1.37B
Net income $27.9M, diluted EPS $0.60; vs Q4 2025 $44.1M ($0.95) and Q1 2025 $9.7M ($0.21).
Live Oak Bancshares declares $0.03 common and $0.52344 preferred dividend payable March 15, 2026
Common stock cash dividend of $0.03 per share declared.
Live Oak Bancshares awards $235K cash bonuses and 83,830 RSUs to four executives
William C. Losch III (President) received $80K cash bonus and 52,694 RSUs.
Live Oak Bancshares Q4 2025 net income $44.1M ($0.95 EPS), revenue up 21% QoQ
Q4 2025 net income attributable to common shareholders $44.1M, or $0.95 per diluted share, vs $9.9M ($0.22) in Q4 2024.
Live Oak Bancshares appoints Ewa Stasiowska as Chief Risk Officer after crossing $10B assets
Ewa Stasiowska appointed Chief Risk Officer of Live Oak Bancshares and Live Oak Bank, effective December 1, 2025.
Live Oak Bancshares declares $0.03 common and $0.52344 preferred dividends, payable Dec 15
Common dividend of $0.03 per share; preferred dividend of $0.52344 per depositary share.
Misclassification of loan participation sale proceeds between operating and investing activities in cash flow statements.
Live Oak Q3 net income $25.6M ($0.55 EPS); loan production $1.65B, assets up 16% YoY
Net income of $25.6M ($0.55 diluted EPS) vs $13.0M ($0.28) in Q3 2024; net interest income up 19.1% YoY.
CEO James Mahan adopts 10b5-1 plan to sell up to 400k shares of Live Oak Bancshares common stock
Agreement allows sale of up to 400,000 shares of voting common stock starting Nov 2025 through Sep 2026.
Live Oak Bancshares expects $20-25M pre-tax gain from Apiture sale to CSI
Live Oak Banking Co., a subsidiary, holds an investment in Apiture, which is being acquired by Computer Services Inc. (CSI).
Live Oak Bancshares declares $0.03/share common dividend, $0.23845 preferred dividend for Sept. 15
Common stock cash dividend of $0.03 per share declared.
Live Oak Bancshares appoints Jeffrey W. Lunsford to board of directors
Appointed Jeffrey W. Lunsford to board of Live Oak Bancshares and Live Oak Bank, effective August 12, 2025.
Live Oak Bancshares appoints Jeffrey W. Lunsford to board of directors
Lunsford appointed to board of Live Oak Bancshares and Live Oak Bank, effective August 12, 2025.
Live Oak Bancshares closes $100M preferred stock offering, net proceeds ~$96.15M
Issued 4M depositary shares representing Series A 8.375% Fixed Rate Non-Cumulative Perpetual Preferred Stock.
Live Oak Bancshares prices $100M depositary share offering of 8.375% preferred stock
Offers 4,000,000 depositary shares at $25 each, representing 1/40th interest in Series A preferred stock.
Live Oak Bancshares Q2 net income $23.4M ($0.51 EPS); record loan originations $1.53B
Net income $23.4M, $0.51 diluted EPS vs $0.21 in Q1 and $0.59 in Q2 2024.
Live Oak Bancshares holds 2025 annual meeting, elects directors and approves Say on Pay
All eight director nominees elected; David G. Lucht received lowest support (20.3M for, 15.1M withheld).
Live Oak Bancshares declares $0.03 per share cash dividend payable June 17, 2025
Board declared a cash dividend of $0.03 per share on May 20, 2025.
Live Oak Bancshares appoints Patrick T. McHenry to board, effective May 21, 2025
McHenry, former Chairman of the House Financial Services Committee, joins board of Live Oak Bancshares and its banking subsidiary.
Live Oak Bancshares Q1 EPS $0.21 vs $0.60 YoY; net income $9.7M, loan production record $1.4B
Net income attributable to Company of $9.7M; diluted EPS of $0.21, down from $0.60 in Q1 2024.
Director Glossman exits board; executives awarded $190K cash and 87K RSUs
Director Diane B. Glossman will not stand for re-election at 2025 annual meeting; departure not due to any disagreement.
Live Oak Bancshares declares $0.03/share quarterly dividend
Cash dividend of $0.03 per share declared on February 11, 2025.
Live Oak Q4 net income $9.9M ($0.22 EPS); full-year loan production record $5.16B
Q4 net income $9.9M ($0.22 diluted EPS), down 24% QoQ and 39% YoY; revenue $128.1M, flat QoQ.
Live Oak Bancshares declares $0.03 quarterly dividend payable Dec 16
Dividend of $0.03 per share declared on November 18, 2024.
Live Oak Q3 net income $13M (-51.7% YoY); record loan production $1.76B
Net income $13.0M ($0.28 diluted EPS) vs $39.8M ($0.88) in Q3 2023, down 51.7%.
Live Oak Bancshares declares $0.03 per share dividend payable Sept 17, 2024
Cash dividend of $0.03 per share declared on August 20, 2024.
Live Oak Bancshares appoints KPMG as auditor, replacing Forvis Mazars
Audit Committee approved KPMG as independent auditor for 2024 on August 6, 2024.
Live Oak Q2 net income $27M ($0.59 EPS); loan originations surge 45.5% QoQ
Net income $27.0M ($0.59 diluted EPS) vs $27.6M in Q1; total revenue $125.5M, up 8% QoQ.
Live Oak Bancshares annual meeting elects all directors, approves stock plan and auditor
All ten director nominees elected; votes ranged from ~25M to ~33M in favor, with ~8.4M broker non-votes.
Live Oak Bancshares declares $0.03 per share dividend payable June 18
Quarterly cash dividend of $0.03 per share declared on May 21, 2024.
Live Oak Bancshares Q1 2024 net income $16.5M ($0.36 EPS); loans up 2.2% QoQ
Net income $16.5M ($0.36 diluted EPS) vs $0.01 a year ago; total revenue $116.2M down 2.9% QoQ but up 14.4% YoY.
Live Oak director Hoffsis intends to retire at 2025 shareholder meeting
Glen F. Hoffsis informed the Board on April 1, 2024 of his plan to retire at the 2025 annual meeting.
appointed Patrick Timothy McHenry to serve as a Board member, effective as of May 21, 2025.
On February 11, 2025, Diane B. Glossman notified the Board of Directors of Live Oak Bancshares, Inc. (the “Company”) that she has decided not to stand for re-election to the Board of Directors at the Company’s 2025 Annual Meeting of Shareholders (the “Annual Meeting”).
On April 1, 2024, Glen F. Hoffsis informed the Board of Directors of Live Oak Bancshares, Inc. (the “Company”) and Live Oak Banking Company, the wholly owned bank subsidiary of the Company (the “Bank”), that in the event he is reelected as a director at the Company’s 2024 annual meeting of shareholders, he intends to serve for an additional year and retire from the Boards of Directors of the Company and the Bank effective at the Company’s 2025 annual meeting of shareholders.
Max materiality 0.80 · Median 0.40 · Most common event dividend