LIVE OAK BANCSHARES, INC. (NASDAQ:LOB) Files An 8-K Results of Operations and Financial Condition
Item 2.02.
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Results of Operations and Financial Condition.
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announced financial results for the first quarter ended March 31,
2017. A copy of the press release announcing the Companys results
for the first quarter is attached as Exhibit 99.1 hereto and
incorporated by reference herein.
shall not be deemed filed for purposes of section 18 of the
Securities Exchange Act of 1934, as amended (the Exchange Act),
or incorporated by reference in any filing under the Securities
Act of 1933, as amended, or the Exchange Act, except as shall be
expressly set forth by specific reference in such a filing.
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Item 9.01.
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Financial Statements and Exhibits.
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(d)
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Exhibits
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Exhibit No.
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Description
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99.1
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Press release dated April 26, 2017
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About LIVE OAK BANCSHARES, INC. (NASDAQ:LOB)
Live Oak Bancshares, Inc. is the bank holding company for Live Oak Banking Company (the Bank). The Bank is a commercial bank and a national online platform for small business lending. The Company provides certain small businesses across the United States a means to access capital. The Company primarily originates loans partially guaranteed by the United States Small Business Administration (SBA) to small businesses and professionals. It offers commercial and industrial loans, construction and development loans, and owner occupied commercial real estate loans for agriculture, death care management, healthcare, independent pharmacies, registered investment advisors and veterinary industry, among others. The Company also offers commercial land loans for agriculture. It owns Live Oak Grove, LLC, which provides company employees and business visitors an on-site restaurant location, and Government Loan Solutions, Inc., a management and technology consulting company, among others. LIVE OAK BANCSHARES, INC. (NASDAQ:LOB) Recent Trading Information
LIVE OAK BANCSHARES, INC. (NASDAQ:LOB) closed its last trading session up +0.25 at 23.20 with 121,857 shares trading hands.
