Live Oak Bancshares, Inc. (NYSE: LOB) announced today that its third‑quarter 2025 net income attributable to common shareholders was $25.6 million, or $0.55 per diluted share, marking a robust earnings performance for the quarter. The company also reported total assets of $14.67 billion, a 16% year‑over‑year increase, and highlighted continued growth in loan production and deposit balances.
The quarter was further bolstered by a pre‑tax gain of approximately $24.0 million from the sale of Apiture, Inc., which the company completed after September 30, 2025. Live Oak also reaffirmed its position as the SBA’s leading 7(a) lender by dollar amount, underscoring its core strength in small‑business lending and its differentiated technology platform.
Management noted that the earnings results reflect the strength of the bank’s core operations and its continued commitment to serving small businesses across the country. The company also highlighted a strengthened capital position following the successful preferred‑stock offering in August and the strategic sale of Apiture, positioning Live Oak for continued growth and resilience as it enters the final stretch of 2025.
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