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 fourth quarter ended December
31, 2016. A copy of the press release announcing the Companys
results for the fourth quarter is attached as Exhibit 99.1 hereto
and incorporated by reference herein.
(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.
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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 January 25, 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 down -0.05 at 19.40 with 70,648 shares trading hands.