Live Oak Bancshares Q2 FY26 net income rises 57% to $37 million; revenue climbs 12% to $156 million

• Live Oak Bancshares posted Q2 2026 net income of $37 million, up 57% year over year; diluted EPS rose 45% to $0.74.
• Revenue climbed 12% from a year earlier to $156 million, driven by net interest income of $125 million, up 15%.
• Noninterest expense fell 1% year over year to $85 million, pushing the efficiency ratio down 7 percentage points to 54.1%.
• Provision for credit losses increased 28% from Q1 2026 to $26 million, with about 45% tied to growth.
• Loans grew 16% year over year to $13.14 billion; deposits rose 16% to $14.55 billion as checking balances jumped 63% to $469 million.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Live Oak Bancshares Inc. published the original content used to generate this news brief on July 22, 2026, and is solely responsible for the information contained therein.