Live Oak Bancshares (LOB) Rent Expense (2014 - 2026)
Live Oak Bancshares (LOB) posted quarterly Rent Expense of $2.4 million for Q1 2026, down 11.95% year-over-year from $2.7 million in Q1 2025, and up 4.01% quarter-over-quarter from $2.3 million in Q4 2025.
Live Oak Bancshares (LOB) Rent Expense (2014 - 2026) Analysis & Trends
Live Oak Bancshares' Rent Expense history runs 11 years deep, the most recent figure standing at $2.4 million for Q1 2026.
- In Q1 2026, Rent Expense fell 11.95% year-over-year to $2.4 million; the TTM figure through Mar 2026 stood at $9.4 million (down 10.06% YoY), while the FY2025 annual figure was $9.8 million, down 2.38% from the prior year.
- Rent Expense for Q1 2026 stood at $2.4 million, up from $2.3 million in the prior quarter.
- The five-year high for Rent Expense was $3.5 million in Q4 2022, with the low 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.
- The sharpest annual moves came in 2022 and 2023: Rent Expense soared 69.63% in 2022, then plunged 35.69% in 2023.
- Live Oak Bancshares' Rent Expense stood at $3.5 million in 2022, then slumped by 35.69% to $2.2 million in 2023, then climbed by 14.66% to $2.6 million in 2024, then decreased by 9.42% to $2.3 million in 2025, then gained by 4.01% to $2.4 million in 2026.
- Business Quant data shows LOB's Rent Expense at $2.4 million in Q1 2026, $2.3 million in Q4 2025, and $2.3 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Rental Exp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 119.58 Bn | 83.39 Bn | - | - |
| 2 | Pnc Financial Services | 97.75 Bn | 97.75 Bn | - | 252.00 Mn |
| 3 | Us Bancorp | 96.33 Bn | 96.33 Bn | - | 303.00 Mn |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | - |
| 5 | NatWest | 73.86 Bn | -145.23 Bn | - | -423.97 Mn |
| 6 | Deutsche Bank Aktiengesellschaft | 71.72 Bn | -81.60 Bn | - | - |
| 7 | Nu Holdings | 68.51 Bn | 54.82 Bn | 2.35 Bn | - |
| 8 | Truist Financial | 61.69 Bn | 61.69 Bn | - | 171.00 Mn |
| 9 | Fifth Third Bancorp | 49.73 Bn | 26.00 Bn | - | 154.00 Mn |
| 10 | Live Oak Bancshares | 1.88 Bn | 1.88 Bn | - | 2.36 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 2.36 Mn |
| Jun 30, 2026 | 2.36 Mn |
| Mar 31, 2026 | 2.41 Mn |
| Mar 31, 2026 | 2.41 Mn |
| Dec 31, 2025 | 2.32 Mn |
| Dec 31, 2025 | 2.32 Mn |
| Sep 30, 2025 | 2.34 Mn |
| Sep 30, 2025 | 2.34 Mn |
| Jun 30, 2025 | 2.37 Mn |
| Jun 30, 2025 | 2.37 Mn |
| Mar 31, 2025 | 2.74 Mn |
| Mar 31, 2025 | 2.74 Mn |
| Dec 31, 2024 | 2.56 Mn |
| Dec 31, 2024 | 2.56 Mn |
| Sep 30, 2024 | 2.81 Mn |
| Sep 30, 2024 | 2.81 Mn |
| Jun 30, 2024 | 2.39 Mn |
| Jun 30, 2024 | 2.39 Mn |
| Mar 31, 2024 | 2.25 Mn |
| Mar 31, 2024 | 2.25 Mn |