Recent Updates — LOB-PA

Live Oak Bancshares declared a quarterly cash dividend of $0.03 per share of Voting Common Stock and $0.52344 per depositary share representing an interest in its 8.375% Fixed Rate Series A Non-Cumulative Perpetual Preferred Stock. The dividends are payable on September 15, 2026 to shareholders of record as of September 1, 2026. Live Oak Bancshares operates in the banking industry and provides commercial lending services.

Live Oak Bancshares reported second quarter 2026 net income attributable to common shareholders of $34.7 million, or $0.74 per diluted common share. The company saw loan production of $1.55 billion and deposit growth of $712.5 million, bringing total assets to $16.04 billion as of June 30, 2026. Net interest income increased 5.0% sequentially and 14.8% year-over-year, while the net interest margin rose to 3.33%. The company continues to pay a quarterly common dividend of $0.03 per share. Live Oak Bancshares is a financial holding company and the parent company of Live Oak Bank.