Live Oak Bancshares (LOB) Tax Rate (2014 - 2026)
Live Oak Bancshares (LOB) posted Tax Rate of 19.90% for Q2 2026, down 5.15 percentage points from 25.05% a year earlier and down 5.39 percentage points from the prior quarter.
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Analysis
Live Oak Bancshares (LOB) Tax Rate (2014 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Tax Rate at Live Oak Bancshares was 24.48%, down 1.35 percentage points year-over-year; for FY2025, it came in at 26.03%, up 12.78 percentage points from FY2024.
- Annual Tax Rate shows a four-year change of +5.25 percentage points (FY2021 to FY2025).
- In prior years, Live Oak Bancshares' Tax Rate was 13.24% in FY2024 (+2.46 pp), 10.78% in FY2023 (-5.44 pp), 16.22% in FY2022 (-4.56 pp) and 20.78% in FY2021.
- The Q2 2026 figure stands as the lowest quarterly Tax Rate since Q4 2023.
- On a year-over-year basis, Tax Rate has declined in each of the last three quarters, with an average year-over-year change of +4.60 percentage points over the last seven quarters.
- The strongest year-over-year quarter for Tax Rate in the past five years was Q1 2023, with a gain of 69.43 percentage points; the weakest was Q3 2022, with a drop of 18.29 percentage points.
- According to Business Quant data, Tax Rate for the three prior quarters was 25.28% (Q1 2026), 25.50% (Q4 2025) and 27.63% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 920.14 Bn | 897.90 Bn | - | 23.98% |
| 2 | Banco Santander Chile | 407.42 Bn | -7,109.68 Bn | - | - |
| 3 | Bank Of America | 353.20 Bn | -2,022.91 Bn | - | 22.68% |
| 4 | Hsbc Holdings | 307.88 Bn | -2,967.28 Bn | - | - |
| 5 | Morgan Stanley | 298.41 Bn | -244.41 Bn | - | 23.29% |
| 6 | Royal Bank Of Canada | 283.46 Bn | -546.54 Bn | - | 22.26% |
| 7 | Goldman Sachs | 264.45 Bn | -3,478.99 Bn | - | 24.40% |
| 8 | Mitsubishi Ufj Financial | 259.19 Bn | -159.36 Bn | 5.24 Bn | 42.13% |
| 9 | Wells Fargo & Company | 258.28 Bn | 93.72 Bn | - | 16.36% |
| 10 | Live Oak Bancshares | 1.63 Bn | 1.51 Bn | - | 25.44% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 25.44% |
| Jun 30, 2026 | 19.90% |
| Mar 31, 2026 | 25.28% |
| Dec 31, 2025 | 25.50% |
| Sep 30, 2025 | 27.63% |
| Jun 30, 2025 | 25.05% |
| Mar 31, 2025 | 26.38% |
| Dec 31, 2024 | 25.60% |
| Sep 30, 2024 | 26.99% |
| Jun 30, 2024 | 25.22% |
| Dec 31, 2023 | 7.56% |
| Sep 30, 2023 | 6.94% |
| Jun 30, 2023 | 7.53% |
| Mar 31, 2023 | 88.98% |
| Sep 30, 2022 | 3.44% |
| Jun 30, 2022 | 20.67% |
| Mar 31, 2022 | 19.55% |
| Dec 31, 2021 | 36.90% |
| Sep 30, 2021 | 21.73% |
| Jun 30, 2021 | 16.53% |
API Access
Live Oak Bancshares Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=LOB&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "LOB", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=LOB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();