Live Oak Bancshares, Inc.
In the published model solve dated 2026-Q2, anchored at $42.85, Live Oak Bancshares, Inc. (LOB) is priced for 17.7% return on equity. boothcheck publishes no house fair value, target price, or buy/sell rating; individual model outputs and user-controlled scenarios are analytical inputs, not Boothcheck targets. The narrative was composed June 27, 2026 from SEC EDGAR filings.
• Live Oak Bancshares is a branchless, digitally native bank that is the nation's leading small-business and SBA lender, funding a $12.6 billion loan book with online deposits and earning fees by selling the government-guaranteed portion of its loans. • The defining risk is credit tied to the small-business cycle: nonperforming loans run elevated for a bank at roughly 3.7% of loans, and the price assumes a return on equity well above the high-single-digit level the bank currently earns. • Watch
Is LOB overvalued? See what's priced in →
219 institutional managers reported holding LOB in 13F filings for the quarter ended 2026-03-31. Together they hold about 70% of the company; the top 10 hold 45%. 20 opened new positions that quarter. Held by BlackRock, Vanguard Group, Dimensional Fund Advisors, among others. On the short side, 2.1M shares were sold short as of the 2026-06-15 count, about 4% of shares outstanding (8.6 days of typical volume to cover).
Quarterly 13F filings arrive up to 45 days after quarter end, so the picture is never current (filed through 2026-05-29). Nothing here is investment advice.
LOB's share count grew 6.4% over the past five years. It pays a dividend, and has paid one every year in our records (12 and counting); the current rate is $0.12 a share annually. Cash returned over the past three years: $14.95M in dividends.
Share counts are split-adjusted; repurchase totals are gross of share issuance. Nothing here is investment advice.
Open-market insider buys at LOB over the trailing three years: 2024: 1 buy totaling $40k; 2025: 4 buys totaling $391k; 2026: 1 buy totaling $100k. 21 officers and directors are on file.
Code P open-market purchases from SEC Form 4 filings, non-derivative, excluding scheduled 10b5-1 plans. Nothing here is investment advice.
LOB's recent reports: the day-one move, then what the following quarter actually did.
| report | day one | next quarter |
|---|---|---|
| 2023-08-03 | +14.4% | -21.5% |
| 2023-11-04 | +7.1% | +32.6% |
| 2024-02-23 | -2.4% | -15.7% |
| 2024-05-11 | -12.7% | +5.8% |
Day-one is the close-to-close move around the filing. Nothing here is investment advice.
LOB's latest 8-K filings: 2026-07-22 (items 2.02, 9.01); 2026-07-02 (items 5.02); 2026-06-18 (items 5.02); 2026-05-22 (items 5.02, 5.07, 9.01); 2026-05-19 (items 8.01).
Item codes are the SEC's own classification of what each report discloses. Dates link to the filing on EDGAR. Nothing here is investment advice.
Model solve date: 2026-Q2
Narrative composed: June 27, 2026
Each week boothcheck ranks the stocks whose prices are betting on the most. Read the most stretched bets archive →
boothcheck is also on Android. Get the app on Google Play →
For informational and research purposes only. Not investment advice. Not a recommendation to buy, sell, or hold any security. boothcheck is not a registered investment adviser. Past performance does not guarantee future results.