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LOB| Name | Value |
|---|---|
| Revenues | 124.8M |
| Cost of Revenue | 0.0M |
| Gross Profit | 124.8M |
| Operating Expense | -82.1M |
| Operating I/L | 42.8M |
| Other Income/Expense | -1.0M |
| Interest Income | 180.6M |
| Pretax | 42.8M |
| Income Tax Expense | 3.0M |
| Net Income/Loss | 39.8M |
Live Oak Bancshares, Inc. operates as a bank holding company providing commercial banking products and services to individuals, small businesses, and professionals in North Carolina, USA. The company offers various deposit products and a range of commercial loans, including commercial and industrial, real estate, and construction loans. Additionally, it provides settlement, accounting, and securitization services for government guaranteed loans, wealth and investment management services, and investment advisory services. Live Oak also supports emerging financial technology companies through venture capital funds. The company generates revenue through interest income from loans, fees from banking services, and investment management fees.
