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Jun 30, 2021
Live Oak Q2 2021 Earnings Report
Reported strong second quarter results with loan originations exceeding $1.0 billion and earnings lifted by financial technology efforts.
Key Takeaways
Live Oak Bancshares reported a strong second quarter in 2021, with net earnings available to common shareholders of $63.6 million, or $1.41 per diluted share, including a pretax gain of $44.1 million from an investment in Greenlight Financial Technologies.
Loan originations exceeded $1.0 billion.
Core revenues continued a strong growth trend.
Financial technology efforts lifted earnings and capital.
Total deposits increased to $6.52 billion.
Forward Guidance
This document does not contain forward guidance.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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