Live Oak Bancshares (LOB) Beats Q4 2025 Revenue, Profit Estimates with 29.9% Sales Growth

Live Oak Bancshares (NYSE: LOB) reported strong fourth-quarter 2025 results, posting $172.9 million in revenue, a 29.9% year-over-year increase and 14.9% above Wall Street expectations. GAAP earnings of $0.95 per share exceeded consensus by 18.3%. The Wilmington, North Carolina-based digital small business lender attributed the performance to resilient demand for its SBA-guaranteed loans and disciplined execution. Net interest income accounted for 75.2% of total revenue over the past five years, underscoring its core lending focus. Tangible book value per share rose to $24.97, up 11.1% annually over the last two years, though below its five-year average growth of 13.3%. Analysts project TBVPS to reach $28.31 in the next 12 months. Despite the beat on revenue and EPS, shares held flat at $39 post-announcement. The company has delivered a 15.6% annualized revenue growth over the past two years, slightly below its five-year trend but still outpacing sector averages.