Live Oak Bancshares (NYSE: LOB) reported third-quarter 2026 total revenue of $175.6 million, up 12.5% from the prior quarter and 23.4% from a year earlier. Net income attributable to common shareholders was $24.3 million, or $0.52 per diluted common share.
Provision for credit losses rose to $54.7 million in the quarter. Loan and lease production reached $2.1 billion, while total deposits increased $920.6 million from June 30 to $15.5 billion at September 30.
- Total revenue was $175.6 million, compared with $156.1 million in the second quarter and $142.3 million a year earlier.
- GAAP net income was $26.3 million; net income attributable to common shareholders was $24.3 million.
- Basic and diluted earnings per common share were both $0.52.
- Net interest income increased 6.1% sequentially to $133.0 million; net interest margin was 3.30%.
- Total assets were $17.0 billion at September 30, up 5.8% from June 30.
$LOB Insider Trading Activity
$LOB insiders have traded $LOB stock on the open market 36 times in the past 6 months. Of those trades, 0 have been purchases and 36 have been sales.
Here’s a breakdown of recent trading of $LOB stock by insiders over the last 6 months:
- JAMES S III MAHAN (Chief Executive Officer) has made 0 purchases and 24 sales selling 170,000 shares for an estimated $6,599,736.
- RENATO DERRAIK (Chief Info./Digital Off., Bank) sold 75,000 shares for an estimated $2,837,100
- WILLIAM L. III WILLIAMS has made 0 purchases and 6 sales selling 33,600 shares for an estimated $1,384,446.
- MARK MICHAEL MOROZ (Chief Banking Officer) sold 6,100 shares for an estimated $256,669
- DAVID G LUCHT has made 0 purchases and 2 sales selling 5,000 shares for an estimated $215,117.
- TONYA WILLIAMS BRADFORD sold 1,600 shares for an estimated $63,824
- COURTNEY SPENCER (Chief Experience Officer) sold 153 shares for an estimated $6,717
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$LOB Hedge Fund Activity
We have seen 112 institutional investors add shares of $LOB stock to their portfolio, and 83 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- T. ROWE PRICE INVESTMENT MANAGEMENT, INC. added 4,760,965 shares (+278.3%) to their portfolio in Q2 2026, for an estimated $194,437,810
- AMERICAN CENTURY COMPANIES INC added 485,769 shares (+267.2%) to their portfolio in Q2 2026, for an estimated $19,838,805
- SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P. added 299,270 shares (+inf%) to their portfolio in Q2 2026, for an estimated $12,222,186
- BARROW HANLEY MEWHINNEY & STRAUSS LLC removed 261,812 shares (-16.1%) from their portfolio in Q2 2026, for an estimated $10,692,402
- FULLER & THALER ASSET MANAGEMENT, INC. added 239,814 shares (+76.2%) to their portfolio in Q2 2026, for an estimated $9,794,003
- ALGERT GLOBAL LLC added 223,487 shares (+61.6%) to their portfolio in Q2 2026, for an estimated $9,127,209
- MOTLEY FOOL WEALTH MANAGEMENT, LLC removed 209,559 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $8,558,389
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
