Shares of Live Oak Bancshares Inc. (NYSE: LOB) closed higher on Wednesday after the lender reported its fourth-quarter financial results. The stock ended the session at $36.70 on the New York Stock Exchange, up about 2.0% intraday, as investors reacted to the latest earnings disclosure and balance sheet data.
Valuation Snapshot
At the close of trade, Live Oak Bancshares had a market capitalization of approximately $1.7 billion, equivalent to around ₹14,000 crore, based on the prevailing share price and outstanding equity.
Q4 Financials
For the quarter ended December 31, 2025 (Q4 2025), Live Oak Bancshares reported total revenue of $172.9 million, compared with $145.1 million in the same period a year earlier. This represents year-on-year revenue growth of about 19%.
Net income attributable to common shareholders rose to $44.1 million, from $33.0 million in the year-ago quarter, reflecting growth of roughly 34%. Diluted earnings per share increased to $0.95, compared with $0.71 in the corresponding quarter of 2024.
Revenue for the quarter was driven primarily by net interest income, supported by higher loan balances and interest income. Non-interest income also contributed through fees associated with loan sales, servicing, and other banking activities.
Full-Year Context
For the full year ended December 31, 2025, Live Oak Bancshares reported total revenue of approximately $577.8 million, compared with $488.6 million in the prior year, reflecting year-on-year growth of about 18%.
Net income for the full year increased to $102.8 million, from $77.5 million in 2024. Full-year diluted earnings per share rose to $2.23, compared with $1.69 a year earlier. Annual results reflected continued loan production and balance sheet expansion across reporting periods.
Operations
Live Oak Bancshares operates as the holding company for Live Oak Banking Company, with a business model focused on small-business lending, including government-guaranteed loan programs, and digital deposit products.
During 2025, the bank reported loan production of $6.21 billion and deposit growth of $1.93 billion, supporting balance sheet expansion. Total assets rose to $15.13 billion, an increase of 16.9% year-on-year.
Strategy
The company did not announce any mergers, acquisitions, or major strategic transactions during the fourth quarter. No widely reported deal discussions were disclosed alongside the earnings release.
Market Focus
Institutional commentary following the results centered on revenue growth, profit expansion, and balance sheet trends. No major changes in analyst coverage were reported on the day of the earnings announcement.
Summary
Live Oak Bancshares shares closed higher after the fourth-quarter earnings release. Quarterly revenue and net profit increased year-on-year. Full-year revenue and earnings also rose. Loan production, deposit growth, and asset expansion supported results. The stock’s movement reflected investor response to the reported financial performance.
