Company
Live Oak Bancshares, Inc.
Headquarters: Wilmington, NC, United States
Founded: 2008
Employees: 788
CEO: Mr. James S. Mahan III
Market Cap
$1.50 Billion
USD as of July 1, 2024
Live Oak Bancshares, Inc. Categories
United States Financials Banks—RegionalUnited States Financials United States Banks—Regional
Top Competitors by Market Capitalization
Industry: Banks—Regional
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Sector:
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|---|---|
| Berkshire Hathaway | $887.16 B |
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| Mastercard | $416.63 B |
| Bank of America | $316.02 B |
Detailed Description
Live Oak Bancshares, Inc. operates as the bank holding company for Live Oak Banking Company that provides various commercial banking products and services to individuals, small businesses, and professionals in North Carolina, the United States. The company accepts various deposit products, including noninterest-bearing demand, as well as interest-bearing checking, money market, savings, and time deposits. It also offers commercial and industrial loans; construction and development loans; owner occupied and non-owner occupied collateral commercial real estate loans; and commercial land loans. In addition, the company provides settlement, accounting, and securitization services for government guaranteed loans; wealth and investment management services to high-net-worth individuals and families; investment advisory services to a series of funds focused on providing venture capital to new and emerging financial technology companies; and an on-site restaurant location to company employees and business visitors. Live Oak Bancshares, Inc. was incorporated in 2008 and is headquartered in Wilmington, North Carolina.
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Stocks & Indices
Live Oak Bancshares, Inc. has the following listings and related stock indices.
Stock: NASDAQ: LOB wb_incandescent
Key People
James S. Mahan III, Chairman Huntley Garriott, President S. Brett Caines, CFO Neil Underwood, President, Live Oak Bancshares
Financials
Revenue: $0.135 billion (2016)
Net income: $0.020 billion (2016)
Total assets: $6.94 billion (excluding PPP)
Total equity: $590.4 million