Live Oak BancsharesLOB +0.80%70 Return-on-Tangible-Asset is 0.79% as of Mar. 2026, which is 18% below its 10-year median of 0.96. GuruFocus rates LOB with a GF Score™ of 70/100 and a GF Value™ of $42.81 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,527 Banks companies, Live Oak Bancshares ranks worse than 58.68% on this metric.
Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Live Oak Bancshares's annualizedNet Income for the quarter that ended in Mar. 2026 was $120.2 Mil. Live Oak Bancshares's average total tangible assets for the quarter that ended in Mar. 2026 was $15,217.4 Mil. Therefore, Live Oak Bancshares's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 0.79%.
The historical rank and industry rank for Live Oak Bancshares's Return-on-Tangible-Asset or its related term are showing as below:
LOB'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.43 Med: 0.96 Max: 4.45
Current: 0.87
During the past 13 years, Live Oak Bancshares's highest Return-on-Tangible-Asset was 4.45%. The lowest was 0.43%. And the median was 0.96%.
LOB's Return-on-Tangible-Asset is ranked worse than 58.68% of 1527
companies
in the Banks industry
Industry Median: 0.99
vs LOB: 0.87
Live Oak Bancshares (NYSE:LOB) Return-on-Tangible-Asset Explanation
Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.
Be Aware
Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the companys earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a companys tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.
Live Oak Bancshares Return-on-Tangible-Asset Related Terms
Live Oak Bancshares Return-on-Tangible-Asset Historical Data
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The historical data trend for Live Oak Bancshares's Return-on-Tangible-Asset 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.
Live Oak Bancshares Return-on-Tangible-Asset Chart
LOB vs CHCO, SRCE, CASH: Return-on-Tangible-Asset Comparison
For the Banks - Regional subindustry, Live Oak Bancshares's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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 Return-on-Tangible-Asset vs Banks Industry
For the Banks industry and Financial Services sector, Live Oak Bancshares's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Live Oak Bancshares's Return-on-Tangible-Asset falls into.
* 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.
In the calculation of annual Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is four times the quarterly (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 0.79% mean?
Live Oak Bancshares (LOB) has a Return-on-Tangible-Asset of 0.79% as of Mar. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Live Oak Bancshares and its competitors. This is 18% below median its historical median of 0.96. Over the past decade, Live Oak Bancshares' Return-on-Tangible-Asset has ranged from 0.43 to 4.45. According to the industry distribution chart, Live Oak Bancshares ranks #896 out of 1527 companies in the Banks industry, placing it in the top 58.7%.
Is Live Oak Bancshares' Return-on-Tangible-Asset too high?
Live Oak Bancshares' current Return-on-Tangible-Asset of 0.79% is 18% below median its 10-year median of 0.96. Over the past 10 years, this metric has ranged from a low of 0.43 to a high of 4.45. The Banks industry median Return-on-Tangible-Asset is 0.99. Live Oak Bancshares' value of 0.79% is 20.2% below this industry median. Based on the distribution chart, Live Oak Bancshares ranks #896 out of 1527 companies in the Banks industry, which is below the industry midpoint. Overall, Live Oak Bancshares has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Live Oak Bancshares' Return-on-Tangible-Asset compare to CHCO and SRCE?
According to the Banks industry distribution chart, Live Oak Bancshares ranks #896 out of 1527 companies for Return-on-Tangible-Asset. This places Live Oak Bancshares in the lower half of its industry. The industry median Return-on-Tangible-Asset is 0.99. Live Oak Bancshares' value of 0.79% is 20.2% below this benchmark. Historically, Live Oak Bancshares' own Return-on-Tangible-Asset has ranged from 0.43 to 4.45 over the past decade. While the company's 10-year median is 0.96 vs. the industry median of 0.99, Live Oak Bancshares has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Asset for a Banks company?
The median Return-on-Tangible-Asset among Banks companies is 0.99, based on 1,527 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Live Oak Bancshares's current Return-on-Tangible-Asset of 0.79% is 20.2% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Live Oak Bancshares and its competitors. For the Banks industry, the median Return-on-Tangible-Asset is 0.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Live Oak Bancshares's current Return-on-Tangible-Asset is 0.79%, which is 18% below median its own 10-year median of 0.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Live Oak Bancshares stock overvalued right now?
Based on GuruFocus' analysis, Live Oak Bancshares (LOB) is currently considered Fairly Valued. The stock's GF Value™ is $42.81, compared to a current price of $41.65 — trading 2.7% below its estimated fair value. The current Return-on-Tangible-Asset is 0.79%, which is 18% below median its 10-year median of 0.96 and 20.2% below the Banks industry median of 0.99. Live Oak Bancshares' overall GF Score™ is 70/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For Live Oak Bancshares (LOB), the current Return-on-Tangible-Asset is 0.79% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Live Oak Bancshares (LOB) Overvalued in 2026?
Based on GuruFocus' analysis, Live Oak Bancshares stock appears to be undervalued.
The current stock price of $41.65 is trading 2.7% below its estimated GF Value™ of $42.81.
GuruFocus considers Live Oak Bancshares to be Fairly Valued.
Key valuation signals for LOB:
Return-on-Tangible-Asset: 0.79% (18% below median its 10-year median of 0.96)
GF Value™: $42.81 vs. price of $41.65 (2.7% below fair value)
Industry Position: 20.2% below the Banks median (#896 of 1527)
No single metric tells the full story. See the LOB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
70GF Score
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