Live Oak Bancshares, Inc.

Live Oak Bancshares, Inc.verified

LOB

Price:

$39.76

Market Cap:

$1.80B

Live Oak Bancshares, Inc. operates as the bank holding company for Live Oak Banking Company that provides various commercial banking products and services to individuals, small businesses, and professionals in North Carolina, the United States. The company accepts various deposit products, including noninterest-bearing demand, as well as interest-bearing checking, money market, savings, and time deposits. It also offers commercial and industrial loans; construction and development loans; owner occupied and non-owner occupied collateral commercial real estate loans; and commercial land loans. In addition, the company provides settlement, accounting, and securitization services for government ...[Read more]

Industry

Banks - Regional

IPO Date

2015-07-23

Stock Exchange

NYSE

Ticker

LOB

The Current Ratio as of December 2024 (TTM) for Live Oak Bancshares, Inc. (LOB) is 7.34

According to Live Oak Bancshares, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 7.34. This represents a change of -91.54% compared to the average of 86.79 of the last 4 quarters.

Live Oak Bancshares, Inc. (LOB) Historical Current Ratio (quarterly & annually)

How has LOB Current Ratio performed in the past?

The mean historical Current Ratio of Live Oak Bancshares, Inc. over the last ten years is 99.18. The current 7.34 Current Ratio has changed 640.13% with respect to the historical average. Over the past ten years (40 quarters), LOB's Current Ratio was at its highest in in the June 2021 quarter at 2.21K. The Current Ratio was at its lowest in in the September 2021 quarter at 0.20.

Quarterly (TTM)
Annual

Average

99.18

Median

16.25

Minimum

0

Maximum

488.94

Live Oak Bancshares, Inc. (LOB) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Live Oak Bancshares, Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 235.55%

Maximum Annual Current Ratio = 488.94

Minimum Annual Increase = -100.00%

Minimum Annual Current Ratio = 0

Quarterly (TTM)
Annual
YearCurrent RatioChange
20230-100.00%
202225.98-81.07%
2021137.2588.70%
202072.73-71.74%
2019257.37-47.36%
2018488.94235.55%
20170.21-20.73%
20160.26-95.98%
20156.52157.23%
20142.53-85.66%

Live Oak Bancshares, Inc. (LOB) Average Current Ratio

How has LOB Current Ratio performed in the past?

The current Current Ratio of Live Oak Bancshares, Inc. (LOB) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

54.41

5-year avg

98.67

10-year avg

99.18

Live Oak Bancshares, Inc. (LOB) Current Ratio vs. Peers

How is LOB’s Current Ratio compared to its peers?

Live Oak Bancshares, Inc.’s Current Ratio is greater than Ameris Bancorp (0), less than Banner Corporation (65.77), less than BancFirst Corporation (366.80), greater than Amalgamated Financial Corp. (0), less than Finward Bancorp (63.86), greater than Community West Bancshares (0.33), greater than First Financial Northwest, Inc. (1.75), greater than Northfield Bancorp, Inc. (Staten Island, NY) (0.50), greater than Home Bancorp, Inc. (0), greater than HMN Financial, Inc. (4.41), greater than Home Federal Bancorp, Inc. of Louisiana (0), greater than First Northwest Bancorp (2.40), less than First Capital, Inc. (173.51), less than CF Bankshares Inc. (22.47), less than Great Southern Bancorp, Inc. (10.19),

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