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Live Oak Bancshares Inc (LOB) Files 10-K for the Fiscal Year Ended on December 31, 2018

- By insider

Live Oak Bancshares Inc (LOB) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018. Live Oak Bancshares Inc is a nationwide lender to small businesses. It offers loans comprising small business administration loans; conventional commercial business loans to small- and medium-sized businesses; and construction loans. Live Oak Bancshares Inc has a market cap of $656.820 million; its shares were traded at around $16.36 with a P/E ratio of 13.19 and P/S ratio of 3.16. The dividend yield of Live Oak Bancshares Inc stocks is 0.74%.


For the last quarter Live Oak Bancshares Inc reported a revenue of $46.9 million, compared with the revenue of $50.42 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $211.8 million, an increase of 15.8% from last year. For the last five years Live Oak Bancshares Inc had an average revenue growth rate of 30.5% a year.

The reported diluted earnings per share was $1.24 for the year, a decline of 53.2% from the previous year. The profitability rank of the company is 4 (out of 10).

At the end of the fiscal year, Live Oak Bancshares Inc has the cash and cash equivalents of $324.1 million, compared with $298.3 million in the previous year. The long term debt was $1.46 million, compared with $26.6 million in the previous year. Live Oak Bancshares Inc has a financial strength rank of 5 (out of 10).

At the current stock price of $16.36, Live Oak Bancshares Inc is traded at 36.2% discount to its historical median P/S valuation band of $25.66. The P/S ratio of the stock is 3.16, while the historical median P/S ratio is 4.95. The stock lost 38.19% during the past 12 months.

Directors and Officers Recent Trades:

  • Director William Henderson Cameron bought 2,500 shares of LOB stock on 02/08/2019 at the average price of $14.79. The price of the stock has increased by 10.62% since.
  • President Neil Lawrence Underwood bought 7,165 shares of LOB stock on 01/29/2019 at the average price of $13.88. The price of the stock has increased by 17.87% since.

For the complete 20-year historical financial data of LOB, click here.

This article first appeared on GuruFocus.