← Live Oak Bancshares, Inc.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss) Attributable to Parent | $13.8m |
$100.5m
+629.68%
|
$51.4m
-48.81%
|
$18.0m
-64.95%
|
$59.5m
+230.17%
|
$167.0m
+180.46%
|
$176.2m
+5.52%
|
$73.9m
-58.06%
|
$77.5m
+4.84%
|
$105.9m
+36.65%
|
— | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | $13.8m | $100.5m | $51.4m | $18.0m | $59.5m | $167.0m | $176.2m | $73.9m | $77.4m | $105.6m | — | |
| Net Income (Loss) Attributable to Noncontrolling Interest | ($9k) | $0 | $0 | — | — | — | — | — | ($57k) | ($228k) | — | |
| Depreciation and amortization | $4.3m | $10.3m | $16.4m | $20.0m | $21.7m | $21.4m | $20.8m | $21.3m | $23.3m | $30.4m | $29.8m | |
| Depreciation | $4.2m | $9.6m | $16.0m | $19.3m | $21.6m | $21.2m | $20.6m | $21.1m | $23.4m | $30.0m | $29.8m | |
| Deferred Income Tax Expense (Benefit) | ($4.3m) | $12.0m | ($5.9m) | $1.5m | ($17.4m) | $24.8m | $27.1m | ($22.2m) | ($11.4m) | ($12.4m) | ($18.2m) | |
| Payment, Tax Withholding, Share-based Payment Arrangement | — | $4.9m | $756k | $409k | $49.2m | $19.2m | $5.0m | $6.7m | $8.9m | $7.6m | — | |
| Equity Method Investment, Other than Temporary Impairment | $3.2m | $690k | $0 | $602k | $0 | $3.2m | $16.2m | $14.6m | $530k | $735k | — | |
| Equity Securities without Readily Determinable Fair Value, Impairment Loss, Annual Amount | — | — | — | — | — | — | $0 | $0 | $0 | $2.2m | — | |
| Gain (Loss) on Sale of Assets and Asset Impairment Charges | — | — | — | — | — | — | — | — | — | ($84k) | — | |
| Goodwill and Intangible Asset Impairment | — | $3.6m | $2.7m | $0 | $0 | $0 | $0 | $0 | $0 | $0 | — | |
| Goodwill, Impairment Loss | — | $7.3m | — | — | — | — | — | — | — | — | $258k | |
| Impairment of Intangible Assets (Excluding Goodwill) | — | $720k | $4.0m | — | — | — | — | — | — | — | — | |
| Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill) | — | — | $0 | $0 | $0 | — | — | — | — | — | — | |
| Equity Method Investment, Realized Gain (Loss) on Disposal | $0 | $0 | — | — | — | — | — | — | — | — | — | |
| Income (Loss) from Equity Method Investments | $0 | $0 | $0 | ($7.9m) | ($14.7m) | ($1.7m) | $144.2m | ($6.0m) | ($10.9m) | $17.4m | — | |
| Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal | — | — | — | — | — | — | $40.9m | $51.3m | $88.4m | $93.5m | — | |
| Gain (Loss) on Disposition of Other Assets | — | — | — | — | — | — | — | — | — | $0 | — | |
| Net Cash Provided by (Used in) Operating Activities | ($221.9m) |
($287.5m)
-29.55%
|
$11.5m
+104.01%
|
($493.9m)
-4387.17%
|
($273.0m)
+44.73%
|
($119.7m)
+56.15%
|
$124.5m
+203.98%
|
$620.1m
+398.11%
|
$145.7m
-76.51%
|
$158.2m
+8.64%
|
$253.3m
+60.05%
|
|
| Cash flows from investing activities: | ||||||||||||
| Gain (Loss) on Disposition of Property Plant Equipment | $0 | ($215k) | ($37k) | ($109k) | ($38k) | $48k | ($31k) | ($377k) | ($113k) | ($3.8m) | ($83.3m) | |
| Payments to Acquire Property, Plant, and Equipment | $10.9m | $124.1m | $111.3m | $37.2m | $21.0m | $3.1m | $43.8m | $46.8m | $49.3m | $14.8m | ($15.9m) | |
| Equipment Expense | $2.2m | $7.5m | $13.7m | $16.3m | $17.6m | $17.9m | $15.1m | $15.0m | $13.8m | $14.4m | — | |
| Debt Securities, Available-for-sale, Realized Gain (Loss) | — | — | — | $620k | — | $0 | $0 | — | — | — | — | |
| Payments to Acquire Businesses, Net of Cash Acquired | — | $7.7m | $0 | — | $895k | — | $0 | — | — | — | $0 | |
| Net Cash Provided by (Used in) Investing Activities | ($320.1m) | ($535.0m) | ($850.6m) | ($673.2m) | ($2.6b) | ($149.8m) | ($1.4b) | ($1.8b) | ($1.7b) | ($1.9b) | ($2.0b) | |
| Cash flows from financing activities: | ||||||||||||
| Repayments of Long-term Debt | $532k | $26.3m | $25.1m | — | — | — | — | — | — | — | ($8.0m) | |
| Proceeds from Issuance of Long-term Debt | $0 | $16.9m | $18k | — | — | — | — | — | — | — | $148k | |
| Payments of Ordinary Dividends, Common Stock | $2.7m | $3.8m | $4.8m | $4.8m | $4.9m | $5.2m | $5.3m | $5.3m | $5.4m | $5.5m | ($12.8m) | |
| Proceeds from Issuance of Common Stock | $0 | $113.1m | $0 | — | — | — | — | — | — | — | — | |
| Payments of Dividends | $2.7m | $3.8m | $4.8m | $4.8m | $4.9m | $5.2m | $5.3m | $5.3m | $5.4m | $5.5m | ($12.8m) | |
| Dividends Payable | $0 | $0 | — | — | — | — | — | — | — | — | — | |
| Other Interest and Dividend Income | $1.0m | $2.4m | $6.6m | $4.8m | $2.6m | $942k | $6.3m | $31.1m | $29.1m | $30.3m | — | |
| Net Cash Provided by (Used in) Financing Activities | $677.4m |
$879.8m
+29.88%
|
$860.6m
-2.18%
|
$1.1b
+24.77%
|
$3.0b
+177.27%
|
$154.9m
-94.80%
|
$1.5b
+887.90%
|
$1.3b
-13.72%
|
$1.6b
+18.79%
|
$2.0b
+27.61%
|
$2.0b
+1.04%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | — | — | ($93.3m) | $96.9m | ($114.6m) | $212.9m | $165.9m | $26.3m | $256.1m | $927.6m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | — | — | — | $416.6m | $582.5m | $608.8m | $864.9m | $927.6m | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Provision for Loan, Lease, and Other Losses | — | — | — | — | $40.7m | $15.2m | $40.9m | $51.3m | $96.2m | $96.3m | $90.0m | |
| Gain (Loss) on Sales of Loans, Net | $75.3m | $78.6m | $75.2m | $29.0m | $49.5m | $67.3m | $43.2m | $46.5m | $60.9m | $62.4m | — | |
| Proceeds from Stock Options Exercised | $401k | $1.0m | $1.6m | $508k | $3.1m | $4.2m | $2.1m | $1.2m | $2.3m | $3.0m | — | |
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | — | — | $54.1m | $87.3m | $91.8m | $66.8m | $117.5m | $342.8m | $436.8m | $460.6m | — | |
| Income Taxes Paid, Net | — | — | — | ($12.3m) | $11.5m | $19.7m | $24.7m | $5.3m | $38.9m | $26.6m | — | |
| Additional Financial Items | ||||||||||||
| Derivative, Gain (Loss) on Derivative, Net | — | ($117k) | ($68k) | ($3.0m) | ($2.6m) | $0 | — | — | — | — | — | |
| Equity Securities, FV-NI, Realized Gain (Loss) | — | — | — | $3.5m | $14.9m | $44.8m | $3.4m | ($969k) | $553k | $5.7m | — | |
| Fair Value, Option, Changes in Fair Value, Gain (Loss) | — | — | — | — | ($13.1m) | $4.3m | $1.0m | ($3.5m) | $2.4m | $1.2m | — | |
| Goodwill | — | — | — | — | — | — | — | $1.8m | $1.8m | — | $258k | |
| Income Tax Expense (Benefit) | $3.4m | ($2.2m) | ($5.4m) | $5.4m | ($12.2m) | $43.8m | $34.1m | $8.9m | $11.8m | $37.2m | — | |
| Operating Lease, Lease Income | — | — | — | $9.4m | $9.5m | $9.5m | $9.5m | $9.5m | $9.4m | $9.5m | — | |
| Proceeds from Noncontrolling Interests | — | — | — | — | — | — | — | — | $4.5m | $0 | — | |
| Financing Receivable, Credit Loss, Expense (Reversal) | — | — | — | — | $40.7m | $15.2m | $40.9m | $51.3m | $96.2m | $96.3m | — | |
| Stock or Unit Option Plan Expense | $2.3m | $1.8m | $1.7m | $1.7m | $1.6m | $1.4m | $942k | $272k | $0 | $0 | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.