David Feaster

Crispin Love

Timothy Switzer

Tim Switzer

Bill Young

David Rochester

- Live Oak Bancshares reported **Q3 2025 earnings per share of $0.55**, an **8% increase** quarter-over-quarter and nearly double compared to Q3 2024.  **[0001462120_2201051_2]** 
- The company was recognized as the **number one SBA 7(a) lender for 2025**, providing over **$2.8 billion** in loans, a **44% increase** year-over-year, and expanding its market share from 6.4% to 7.7%.  **[0001462120_2201051_1]** 
- Significant growth was observed across key metrics, including a **22% increase in loan production**, **17% growth in loan outstandings**, **20% growth in customer deposits**, and **24% growth in PPNR**.  **[0001462120_2201051_1]** 
- Net interest income grew **6% link quarter** and **19% year-over-year**, with the net interest margin expanding **five basis points to 3.33%** in Q3 2025.  **[0001462120_2201051_3]** 
- Strategic initiatives are focused on growing non-interest-bearing business checking balances, which reached **$363 million** in Q3 2025  **[0001462120_2201051_1]** **[0001462120_2201051_3]** , and originating small dollar SBA 7(a) loans, with plans to pilot an **AI-enabled loan origination solution**.  **[0001462120_2201051_1]** **[0001462120_2201051_9]**

Live Oak Bancshares Reports Strong Q3 2025 Earnings and Growth

- Live Oak Bancshares (LOB) reported **Q3 2025 earnings per share of $0.55**, an 8% increase quarter-over-quarter and nearly double compared to Q3 2024.  **[0001462120_2201073_2]** 
- The company achieved strong financial performance, with **loan balances increasing 5% link quarter** and **customer deposits growing approximately 3% link quarter**.  **[0001462120_2201073_2]** **[0001462120_2201073_3]**  Net interest income increased **6% link quarter**, and the net interest margin expanded by **five basis points to 3.33%**.  **[0001462120_2201073_3]** 
- LOB successfully raised **$100 million** through an inaugural preferred offering and anticipates a **$24 million one-time gain** from the upcoming Aperture sale, which will also eliminate approximately **$6 million** in annual pass-through losses.  **[0001462120_2201073_2]** 
- Strategic initiatives include growing non-interest-bearing business checking balances, which increased **26% link quarter to $363 million**, and leveraging AI to enhance efficiency and underwriting processes.  **[0001462120_2201073_3]** **[0001462120_2201073_9]** **[0001462120_2201073_11]** 
- The company aims for a **sustainable path to 15% return on equity and 15% or more EPS growth annually** within the next 18 to 24 months.  **[0001462120_2201073_14]**

- Live Oak Bank was recognized as the **most active SBA 7(a) lender by dollar amount** for the U.S. Small Business Administration's 2025 fiscal year, which concluded on September 30, 2025.  **[1462120_fd35a422a3204413aa9eea6878803ed7_0]** 
- The bank secured **2,280 SBA loan approvals** through its 7(a) program.  **[1462120_fd35a422a3204413aa9eea6878803ed7_0]** 
- These approvals channeled **over $2.8 billion** to small business owners across the country.  **[1462120_fd35a422a3204413aa9eea6878803ed7_0]**