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Sep 30, 2022
Live Oak Q3 2022 Earnings Report
Reported net income due to capital gains from a fintech investment.
Key Takeaways
Live Oak Bancshares reported a strong third quarter with a net income of $42.9 million, or $0.96 per diluted share, driven by capital gains from a fintech investment.
Net income for Q3 2022 was $42.9 million, or $0.96 per diluted share.
Total revenue for Q3 2022 was $141.61 million.
Loan and lease originations totaled $1.01 billion during Q3 2022.
Total deposits increased to $8.40 billion at the end of Q3 2022.
Forward Guidance
Forward-looking statements involve risks and uncertainties, and actual results may differ materially from those presented.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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