Live Oak Bancshares (LOB) Rent Expense (2014 - 2026)

Live Oak Bancshares' Rent Expense history runs 11 years deep, the most recent figure standing at $2.4 million for Q1 2026.

• On a quarterly basis, Rent Expense fell 11.95% year-over-year to $2.4 million in Q1 2026; TTM through Mar 2026 was $9.4 million, a 10.06% decrease from a year earlier, with the FY2025 full-year figure at $9.8 million, down 2.38% from the prior year.
• Rent Expense improved to $2.4 million in Q1 2026 per LOB's latest filing, from $2.3 million in the prior quarter.
• Across five years, Rent Expense topped out at $3.5 million in Q4 2022 and bottomed at $1.9 million in Q1 2023.
• The 5-year median for Rent Expense is $2.4 million (2025), against an average of $2.5 million.
• Across the five-year window, Rent Expense soared 69.63% in 2022 and sank 35.69% in 2023, its largest moves.
• Year by year, Rent Expense stood at $3.5 million in 2022, then sank by 35.69% to $2.2 million in 2023, then grew by 14.66% to $2.6 million in 2024, then slipped by 9.42% to $2.3 million in 2025, then advanced by 4.01% to $2.4 million in 2026.
• Per Business Quant, the three latest LOB Rent Expense figures stand at $2.4 million (Q1 2026), $2.3 million (Q4 2025), and $2.3 million (Q3 2025).