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Live Oak Bancshares, Inc. (LOB)

NYSE - Nasdaq Real Time Price. Currency in USD
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38.71+0.04 (+0.10%)
As of 09:59AM EDT. Market open.

Live Oak Bancshares, Inc.

1741 Tiburon Drive
Wilmington, NC 28403
United States
910 790 5867
https://www.liveoakbank.com

Sector(s)Financial Services
IndustryBanks - Regional
Full Time Employees943

Key Executives

NameTitlePayExercisedYear Born
Mr. James S. Mahan IIIChairman & CEO781.2kN/A1952
Mr. William C. Losch IIIPresident798.37kN/A1971
Mr. Gregory W. SewardChief Risk Officer & General Counsel582.62kN/A1976
Mr. Steven J. SmitsChief Credit Officer547.92kN/A1967
Mr. Renato DerraikChief Information & Digital Officer of Bank752.59kN/A1972
Mr. William L. Williams IIIVice Chairman & Executive VPN/AN/A1952
Mr. Walter J. PhiferChief Financial OfficerN/AN/AN/A
Mr. John Wesley SutherlandChief Accounting OfficerN/AN/A1971
Ms. Claire ParkerSenior Vice President of Corporate CommunicationsN/AN/AN/A
Mr. Micah S. DavisChief Marketing & Communications OfficerN/AN/AN/A
Amounts are as of December 31, 2022 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Live Oak Bancshares, Inc. operates as the bank holding company for Live Oak Banking Company that provides various banking products and services in the United States. It operates through two segments, Banking and Fintech. The company accepts various deposit products, including noninterest-bearing demand, as well as interest-bearing checking, money market, savings, and time deposits. It also offers commercial and industrial loans; construction and development loans; owner occupied and non-owner occupied collateral commercial real estate loans; and commercial land loans. In addition, the company provides settlement, accounting, and securitization services for government guaranteed loans; financing for renewable energy application industry; wealth and investment management services to high-net-worth individuals and families; and investment advisory services to a series of funds focused on providing venture capital to new and emerging financial technology companies. Live Oak Bancshares, Inc. was incorporated in 2008 and is headquartered in Wilmington, North Carolina.

Corporate Governance

Live Oak Bancshares, Inc.’s ISS Governance QualityScore as of March 1, 2024 is 8. The pillar scores are Audit: 4; Board: 10; Shareholder Rights: 3; Compensation: 7.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.