Live Oak Bancshares (LOB) Reports Q4 EPS of $0.66
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Live Oak Bancshares, Inc. Reports Fourth Quarter 2021 Results
January 25, 2022 4:45 PM ESTWILMINGTON, N.C., Jan. 25, 2022 (GLOBE NEWSWIRE) -- Live Oak Bancshares, Inc. (Nasdaq: LOB) (Live Oak or the Company) today reported fourth quarter 2021 net earnings available to common shareholders of $30.1 million, or $0.66 per diluted share.  Net earnings for the year ended December 31, 2021, totaled $167.0 million, or $3.71 per diluted share.
Live Oak closed 2021 with one of our strongest quarters in the Companys history, said Live Oak Chairman and CEO James S. (Chip) Mahan, III. For three consecutive quarters we have exceeded $1.0 billion in loan originations, with year-over-year organic growth of 32% in total loans... More
