L
Live Oak Bancshares, Inc.
Banks
· Common: LOB
Live Oak Bancshares, Inc. is a Wilmington, North Carolina-based bank holding company for Live Oak Bank, a North Carolina-chartered commercial bank founded in 2008 and taken public in 2015. The company operates a national online platform focused primarily on small business lending and deposit gathering, with loans predominantly guaranteed by the U.S. Small Business Administration (SBA) and, to a lesser extent, by USDA rural and agricultural loan programs. Lending is concentrated in carefully selected industry verticals, targeting small businesses and professionals deemed to carry lower credit risk. Live Oak is widely recognized as one of the largest SBA lenders in the United States by volume.
1 Exchange-Traded Security
| Symbol | Type | Coupon | Price | Yield | Call Date | |
|---|---|---|---|---|---|---|
| LOB'A | preferred | 8.375% | 25.11 | 8.34% | 2030-09-15 |