Live Oak Bancshares (Live Oak Bancshares) Pre-Tax Income : $100.4 Mil (TTM As of Dec. 2023)

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What is Live Oak Bancshares Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. Live Oak Bancshares's pretax income for the three months ended in Dec. 2023 was $17.5 Mil. Its pretax income for the trailing twelve months (TTM) ended in Dec. 2023 was $100.4 Mil. Live Oak Bancshares's pretax margin was 17.29%.

During the past 13 years, Live Oak Bancshares's highest Pretax Margin was 55.26%. The lowest was 11.64%. And the median was 23.16%.

Live Oak Bancshares Pre-Tax Income Historical Data

The historical data trend for Live Oak Bancshares's Pre-Tax Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Live Oak Bancshares Pre-Tax Income Chart

Live Oak Bancshares Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Pre-Tax Income

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23.47

47.39

210.79

210.32

82.83

Live Oak Bancshares Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Pre-Tax Income	Get a 7-Day Free Trial															3.61	18.97	42.76	17.48	21.17

Competitive Comparison of Live Oak Bancshares's Pre-Tax Income

For the Banks - Regional subindustry, Live Oak Bancshares's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Live Oak Bancshares's Pre-Tax Income Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Live Oak Bancshares's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where Live Oak Bancshares's Pre-Tax Income falls into.

Live Oak Bancshares Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

Live Oak Bancshares's Pretax Income for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Income	=	Operating Income	+	Other
	=	0	+	82.83
	=	82.8

Live Oak Bancshares's Pretax Income for the quarter that ended in Dec. 2023 is calculated as

Pretax Income	=	Operating Income	+	Other
	=	0	+	17.484
	=	17.5

Pre-Tax Income for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $100.4 Mil.

Live Oak Bancshares (NYSE:LOB) Pre-Tax Income Explanation

Live Oak Bancshares's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin	=	Pretax Income	/	Revenue
	=	17.484	/	101.124
	=	17.29%

During the past 13 years, Live Oak Bancshares's highest Pretax Margin was 55.26%. The lowest was 11.64%. And the median was 23.16%.

Live Oak Bancshares Pre-Tax Income Related Terms

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Live Oak Bancshares (Live Oak Bancshares) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Live Oak Bancshares Inc (NYSE:LOB) » Definitions » Pre-Tax Income

Comparable Companies

Traded in Other Exchanges

N/A

Address

1741 Tiburon Drive, Wilmington, NC, USA, 28403

Website

https://www.liveoakbank.com

Live Oak Bancshares Inc operates as the bank holding company for the Live Oak Banking Company. The company specializes in lending and deposit-related services to small businesses nationwide. The company identifies and extends lending to credit-worthy borrowers both within specific industries, also called verticals, through expertise within those industries, and more broadly to select borrowers outside of those industries. A portion of the loans originated by the Bank are partially guaranteed by the Small Business Administration under the 7(a) Loan Program and the U.S. Department of Agriculture Rural Energy for America Program, Water and Environmental Program, Business and Industry and Community Facilities loan programs.

Executives

Steve Smits	officer: Chief Credit Officer	1741 TIBURON DRIVE, WILMINGTON NC 28403
John W. Sutherland	officer: Chief Accounting Officer	1741 TIBURON DRIVE, WILMINGTON NC 28403
Renato Derraik	officer: Chief Info. & Digital Officer	C/O LIVE OAK BANCSHARES, INC., 1741 TIBURON DRIVE, WILMINGTON NC 28403
David G Lucht	director	II CASCADE PLAZA, AKRON OH 44308
William Henderson Cameron	director	POST OFFICE BOX 3649, WILMINGTON NC 28406
Micah S Davis	officer: Chief Marketing & Comm Officer	1741 TIBURON DRIVE, WILMINGTON NC 28403
Yousef A. Valine	director	165 MADISON AVENUE, MEMPHIS TN 38103
Diane Beth Glossman	director	2820 RIVER ROAD, NEW HOPE PA 18938
Casey S Crawford	director	1741 TIBURON DRIVE, WILMINGTON NC 28403
Stephanie Mann	officer: Chief Strategy Officer	1741 TIBURON DRIVE, WILMINGTON NC 28403
Spencer Courtney	officer: Chief Experience Officer	1741 TIBURON DRIVE, WILMINGTON NC 28403
Losch William C Iii	officer: Chief Financial Officer	165 MADISON AVENUE, MEMPHIS TN 38103
Tonya Williams Bradford	director	C/O LIVE OAK BANCSHARES, INC., 1741 TIBURON DRIVE, WILMINGTON NC 28403
Williams William L. Iii	director	1741 TIBURON DRIVE, WILMINGTON NC 28403
Neil Lawrence Underwood	director, officer: President	1420 CANOOCHEE DRIVE, ATLANTA GA 30319