Live Oak Bancshares

General Information

We are an established national online platform for small business lending. We believe we have used technology to fundamentally change small business lending by streamlining the borrower experience. We are able to better serve our customers by leveraging technological advantages and combining that with deep industry experience to create an optimized borrowing experience for our customers. We believe that our business model mitigates credit risk while capitalizing on technology to efficiently and prudently generate loans and manage our portfolio of loans outstanding. Our guiding principles, in order of priority, are soundness, profitability and growth.

Employees: 227
Founded: 2007
Contact Information
Address 1741 Tiburon Drive, Wilmington, NC 28403, US
Phone Number (910) 790-5867
Web Address
View Prospectus: Live Oak Bancshares
Financial Information
Market Cap $568.7mil
Revenues $23.3 mil (last 12 months)
Net Income $17.8 mil (last 12 months)
IPO Profile
Symbol LOB
Exchange NASDAQ
Shares (millions): 4.8
Price range $17.00 - $17.00
Est. $ Volume $81.6 mil
Manager / Joint Managers Sandler O’Neill & Partners, L.P
CO-Managers Keefe Bruyette & Woods (A Stifel Company)/ SunTrust Robinson Humphrey
Expected To Trade: 7/23/2015
Status: Priced
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
SCOOP Rating
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