Reports Q4 revenue $105M, consensus$110M "Live Oak closed 2022 with a strong quarter as our teams once again produced more than $1 billion in loan originations, ending a banner year that also reflected continued deposit growth and $96 million in organic capital growth," said Live Oak Chairman and CEO James S. (Chip) Mahan III. "The strength and determination of the small business owners we serve is profound, and we believe our strong balance sheet and approach to lending, deposits, servicing and technology continues to set us apart as we advance our mission to serve the entrepreneurs who support our country’s economy."
Published first on TheFly
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Read More on LOB:
- Live Oak Bancshares, Inc. Reports Fourth Quarter 2022 Results
- Live Oak Bancshares, Inc. Announces Date of Fourth Quarter 2022 Financial Results
- Live Oak Bancshares downgraded to Underweight from Neutral at JPMorgan
- Live Oak Bancshares price target lowered to $38 from $40 at Truist
- Live Oak Bancshares participates in a conference call hosted by Truist
