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Live Oak Bancshares Inc   (LOB)
Other Ticker:  
 
    Sector  Financial    Industry Regional Banks
   Industry Regional Banks
   Sector  Financial
 

LOB's Operating Income Growth by Quarter and Year

Live Oak Bancshares Inc 's Operating Income results by quarter and year




LOB Operating Income (in millions $) FY 2023 FY 2022 FY 2021 FY 2020
IV Quarter December - 0.72 47.78 12.04
III Quarter September 42.76 44.39 43.23 45.48
II Quarter June 18.97 122.32 76.17 5.25
I Quarter March 3.61 42.90 43.61 -15.38
FY   65.34 210.33 210.79 47.39



LOB Operating Income third quarter 2023 Y/Y Growth Comment
Live Oak Bancshares Inc reported decrease in Operating Income in the third quarter 2023 by -3.67% to $ 42.76 millions, from the same quarter in 2022.
The decrease in the third quarter 2023 Live Oak Bancshares Inc 's Operating Income compares unfavorably to the Company's average Operating Income doubling of 152.08%.

Looking into third quarter 2023 results within Regional Banks industry 20 other companies have achieved higher Operating Income growth. While Live Oak Bancshares Inc ' s Operating Income decline of -3.67% ranks overall at the positon no. 659 in the third quarter 2023.

Explain Operating Income growth


LOB Operating Income ( Y/Y Growth %) 2023
2022 2021 2020
IV Quarter December - -98.49 % 296.84 % 34.98 %
III Quarter September -3.67 % 2.68 % -4.95 % 626.52 %
II Quarter June -84.49 % 60.59 % 1350.86 % -6.25 %
I Quarter March -91.59 % -1.63 % - -
FY   - -0.22 % 344.8 % 101.92 %

Financial Statements
Live Oak Bancshares Inc 's third quarter 2023 Operating Income $ 42.76 millions LOB's Income Statement
Live Oak Bancshares Inc 's third quarter 2022 Operating Income $ 44.39 millions Quarterly LOB's Income Statement
New: More LOB's historic Operating Income Growth >>


LOB Operating Income (Quarter on Quarter Growth %)

2023
2022 2021 2020
IV Quarter December - -98.38 % 10.53 % -73.53 %
III Quarter September 125.41 % -63.71 % -43.25 % 766.29 %
II Quarter June 425.48 % 185.13 % 74.66 % -
I Quarter March 401.39 % -10.21 % 262.21 % -
FY (Year on Year)   - -0.22 % 344.8 % 101.92 %




Operating Income third quarter 2023 Y/Y Growth Company Ranking
Within: No.
Regional Banks Industry #21
Financial Sector #161
Overall #659

Operating Income Y/Y Growth Statistics
High Average Low
1400.44 % 152.08 % -98.5 %
(Jun 30 2017)   (Dec 31 2022)
Operating Income third quarter 2023 Y/Y Growth Company Ranking
Within: No.
Regional Banks Industry #21
Financial Sector #161
Overall #659
Operating Income Y/Y Growth Statistics
High Average Low
1400.44 % 152.08 % -98.5 %
(Jun 30 2017)   (Dec 31 2022)

Operating Income by Quarter for the Fiscal Years 2020, 2021, 2022, 2023

Live Oak Bancshares Inc 's Q/Q Operating Income Growth


Operating Income Q/Q Growth Statistics
High Average Low
839.87 % 128.79 % -98.38 %
(Dec 31 2017)  


LOB's III. Quarter Q/Q Operating Income Comment
Live Oak Bancshares Inc achieved in the III. Quarter 2023 below company average Operating Income doubling of 125.41% quarter on quarter, to $ 42.76 millions.

Even if the III. Quarter 2023 Live Oak Bancshares Inc 's performance was lower than the ordinary of 128.79 %, it was yet good story, as the current expension, eclipses the -63.71% surge in the III. Quarter a year ago

Within Regional Banks industry 2 other companies have achieved higher Operating Income quarter on quarter growth. While Live Oak Bancshares Inc 's Operating Income growth quarter on quarter, overall rank is 107.


Operating Income Q/Q Growth Company Ranking
Within: No.
Regional Banks Industry #3
Financial Sector #32
Overall #107
Operating Income Q/Q Growth Company Ranking
Within: No.
Regional Banks Industry #3
Financial Sector #32
Overall #107
Operating Income Q/Q Growth Statistics
High Average Low
839.87 % 128.79 % -98.38 %
(Dec 31 2017)  


LOB's III. Quarter Q/Q Operating Income Comment
Live Oak Bancshares Inc achieved in the III. Quarter 2023 below company average Operating Income doubling of 125.41% quarter on quarter, to $ 42.76 millions.

Although the III. Quarter 2023 Live Oak Bancshares Inc 's results were lower than the regular , this was yet encouraging story, as the current expension, outshines the -63.71% surge in the III. Quarter a year ago

Within Regional Banks industry 2 other companies have achieved higher Operating Income quarter on quarter growth. While Live Oak Bancshares Inc 's Operating Income growth quarter on quarter, overall rank is 107.


Live Oak Bancshares Inc 's 12 Months Operating Income Growth Year on Year


Operating Income TTM Growth

12 Months Ending
(Sep 30 2023)
12 Months Ending
(Jun 30 2023)
12 Months Ending
(Mar 31 2023)
12 Months Ending
(Dec 31 2022)
12 Months Ending
(Sep 30 2022)
Cumulative Operating Income 12 Months Ending $ 66.06 $ 67.70 $ 171.04 $ 210.32 $ 257.39
Y / Y Operating Income Growth (TTM) -74.33 % -73.58 % -18.58 % -0.22 % 47.04 %
Year on Year Operating Income Growth Overall Ranking # 338 # 336 # 251 # 50 # 366
Seqeuential Operating Income Change (TTM) -2.41 % -60.42 % -18.68 % -18.28 % 0.45 %
Seq. Operating Income Growth (TTM) Overall Ranking # 915 # 523 # 1166 # 614 # 949




Cumulative Operating Income growth Comment
Live Oak Bancshares Inc 's cumulative 12 months Operating Income continue to drop, but on the faster rate at -74.33% year on year, at Sep 30 2023 compare to the -73.58% decrease at Jun 30 2023. If the Live Oak Bancshares Inc 's fiscal year would end at Sep 30 2023, annual Operating Income would be $66 millions.

In the Financial sector 107 other companies have achieved higher trailing twelve month Operating Income growth. While Operating Income growth total ranking has deteriorated compare to previous quarter from 336 to 338.

Operating Income TTM Q/Q Growth Statistics
High Average Low
3410.79 %
279.52 %
-85 %
 

Operating Income TTM Y/Y Growth Company Ranking
Within: No.
Regional Banks Industry # 76
Financial Sector # 108
Overall # 338

Operating Income TTM Y/Y Growth Statistics
High Average Low
3410.79 %
279.52 %
-85 %
 


Operating Income TTM Q/Q Growth Company Ranking
Within: No.
Industry # 76
Sector # 279
S&P 500 # 915
Cumulative Operating Income growth Comment
Live Oak Bancshares Inc 's cumulative 12 months Operating Income continue to drop, but on the faster rate at -74.33% year on year, at Sep 30 2023 compare to the -73.58% decrease at Jun 30 2023. If the Live Oak Bancshares Inc 's fiscal year would end at Sep 30 2023, annual Operating Income would be $66 millions.

In the Financial sector 107 other companies have achieved higher trailing twelve month Operating Income growth. While Operating Income growth total ranking has deteriorated compare to previous quarter from 336 to 338.

Operating Income TTM Q/Q Growth Statistics
High Average Low
3410.79 %
279.52 %
-85 %
 


Operating Income TTM Y/Y Growth Company Ranking
Within: No.
Regional Banks Industry # 76
Financial Sector # 108
Overall # 338

Operating Income TTM Y/Y Growth Statistics
High Average Low
3410.79 %
279.52 %
-85 %
 


Operating Income TTM Q/Q Growth Company Ranking
Within: No.
Industry # 76
Sector # 279
S&P 500 # 915




Other Operating Income Growth
Regional Banks Industry Operating Income Growth Trends and Statistics
Financial Sector Operating Income Growth Statistics
Operating Income Growth Trends for overall market
LOB's Operating Income Growth Ratio versus Regional Banks Industry, Financial Sector and total Market
Highest Ranking Operating Income Growth
Lowest Ranking Operating Income Growth
Operating Income Growth for LOB's Competitors
Operating Income Growth for Live Oak Bancshares Inc 's Suppliers
Operating Income Growth for LOB's Customers

You may also want to know
LOB's Annual Growth Rates LOB's Profitability Ratios LOB's Asset Turnover Ratio LOB's Dividend Growth
LOB's Roe LOB's Valuation Ratios LOB's Financial Strength Ratios LOB's Dividend Payout Ratio
LOB's Roa LOB's Inventory Turnover Ratio LOB's Growth Rates LOB's Dividend Comparisons



Companies with similar Operating Income drop for the quarter ending Sep 30 2023 within Financial SectorY/Y Change %Operating Income for the quarter ending Sep 30 2023
Citizens Financial Services Inc -0.57%$ -0.565 millions
Bar Harbor Bankshares-0.58%$ -0.577 millions
Franklin Bsp Realty Trust Inc -0.72%$ -0.718 millions
Euronet Worldwide Inc -0.87%$ -0.865 millions
Vornado Realty Trust-1.16%$ -1.158 millions
Crossfirst Bankshares Inc -1.22%$ -1.222 millions
Atlanticus Holdings Corp-1.33%$ -1.330 millions
Brixmor Property Group Inc -1.43%$ -1.430 millions
California Bancorp-1.57%$ -1.571 millions
Onemain Holdings Inc -1.60%$ -1.600 millions
Unity Bancorp inc -1.66%$ -1.658 millions
Bank7 Corp -1.92%$ -1.922 millions
Wsfs Financial Corporation-1.96%$ -1.961 millions
First Capital Inc-2.21%$ -2.212 millions
Gladstone Land Corp-2.54%$ -2.541 millions
Peakstone Realty Trust-2.63%$ -2.627 millions
Kimco Realty Corporation-2.63%$ -2.631 millions
Amerisafe Inc -3.00%$ -3.002 millions
Community Healthcare Trust inc-3.01%$ -3.006 millions
Commerce Bancshares Inc -3.11%$ -3.109 millions
American International Group Inc -3.37%$ -3.370 millions
Connectone Bancorp Inc -3.42%$ -3.420 millions
Hannon Armstrong Sustainable Infrastructure Capita-3.57%$ -3.573 millions
Prologis Inc -3.59%$ -3.592 millions
Live Oak Bancshares Inc -3.68%$ -3.679 millions
Consumers Bancorp Inc-3.69%$ -3.685 millions
Enact Holdings Inc -3.71%$ -3.714 millions
Morgan Stanley-4.21%$ -4.207 millions
Southern States Bancshares Inc -4.27%$ -4.271 millions
Bank Of Hawaii Corporation-4.35%$ -4.351 millions




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