LIVE OAK BANCSHARES, INC. (NASDAQ:LOB) Files An 8-K Results of Operations and Financial Condition

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.

On April25, 2018, Live Oak Bancshares, Inc. (the “Company”) announced financial results for the first quarter ended March31, 2018. A copy of the press release announcing the Company’s results for the first quarter is attached as Exhibit 99.1 hereto and incorporated by reference herein.

The information contained in this report (including Exhibit 99.1) 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.

Item 2.02.

Financial Statements and Exhibits.

Exhibit No.

Description

99.1

Press release dated April 25, 2018


Live Oak Bancshares, Inc. Exhibit
EX-99.1 2 ex991-033118earningsrelease.htm EXHIBIT 99.1 Exhibit Exhibit 99.1Section 2: EX-99.1 LIVE OAK BANCSHARES,…
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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.

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