Live Oak Bancshares (LOB) Operating Expenses (2014 - 2026)
Live Oak Bancshares (LOB) posted Operating Expenses of $84.5 million for Q2 2026, down 0.9% on a QoQ basis from $85.3 million in Q1 2026, and down 0.82% year-over-year from $85.2 million in Q2 2025.
Analysis
Live Oak Bancshares (LOB) Operating Expenses (2014 - 2026) Analysis & Trends
Live Oak Bancshares has reported Operating Expenses for 13 years, with the latest figure at $84.5 million in Q2 2026.
- On a quarterly basis, Operating Expenses fell 0.82% year-over-year to $84.5 million in Q2 2026; TTM through Jun 2026 was $335.2 million, a 6.84% increase from a year earlier, with the FY2025 full-year figure at $338.7 million, up 11.74% from the prior year.
- Operating Expenses was $84.5 million for Q2 2026 at Live Oak Bancshares, down from $85.3 million in the prior quarter.
- The five-year high for Operating Expenses was $87.3 million in Q3 2025, with the low at $65.7 million in Q1 2022.
- Average Operating Expenses over 5 years is $79.7 million, with a median of $79.9 million recorded in 2023.
- The sharpest annual moves came in 2022 and 2024: Operating Expenses surged 49.75% in 2022, then decreased 17.95% in 2024.
- Over 5 years, Operating Expenses stood at $84.6 million in 2022, then rose by 1.05% to $85.5 million in 2023, then slipped by 17.95% to $70.1 million in 2024, then gained by 11.37% to $78.1 million in 2025, then climbed by 8.22% to $84.5 million in 2026.
- The last three Operating Expenses figures came in at $84.5 million (Q2 2026), $85.3 million (Q1 2026), and $78.1 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 950.85 Bn | 950.85 Bn | - | -259.95 Bn |
| 2 | Truist Financial | 61.46 Bn | 61.46 Bn | - | 3.06 Bn |
| 3 | Fifth Third Bancorp | 49.43 Bn | 25.71 Bn | - | 2.11 Bn |
| 4 | M&T Bank | 34.72 Bn | 34.72 Bn | - | 1.35 Bn |
| 5 | Huntington Bancshares | 33.60 Bn | 29.07 Bn | - | 1.81 Bn |
| 6 | Citizens Financial | 29.31 Bn | 29.31 Bn | - | 1.39 Bn |
| 7 | Regions Financial | 25.53 Bn | 25.53 Bn | - | 1.12 Bn |
| 8 | First Citizens Bancshares | 24.60 Bn | 24.07 Bn | 29.00 Mn | 1.55 Bn |
| 9 | Keycorp | 23.26 Bn | -24.44 Bn | - | 1.22 Bn |
| 10 | Live Oak Bancshares | 1.80 Bn | 1.80 Bn | - | 84.53 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 84.53 Mn |
| Mar 31, 2026 | 85.29 Mn |
| Dec 31, 2025 | 78.10 Mn |
| Sep 30, 2025 | 87.29 Mn |
| Jun 30, 2025 | 85.22 Mn |
| Mar 31, 2025 | 80.81 Mn |
| Dec 31, 2024 | 70.13 Mn |
| Sep 30, 2024 | 77.59 Mn |
| Jun 30, 2024 | 77.66 Mn |
| Mar 31, 2024 | 77.74 Mn |
| Dec 31, 2023 | 85.47 Mn |
| Sep 30, 2023 | 74.26 Mn |
| Jun 30, 2023 | 76.46 Mn |
| Mar 31, 2023 | 78.96 Mn |
| Dec 31, 2022 | 84.59 Mn |
| Sep 30, 2022 | 83.05 Mn |
| Jun 30, 2022 | 80.88 Mn |
| Mar 31, 2022 | 65.71 Mn |
| Dec 31, 2021 | 59.70 Mn |
| Sep 30, 2021 | 55.46 Mn |