Live Oak Bancshares posted Q2 2026 net income attributable to common shareholders of $34.7 million, up 48.1% from Q2 2025; diluted EPS rose to $0.74.
Total revenue climbed 11.8% to $156.15 million from Q2 2025, while total noninterest expense edged down 0.8% to $84.53 million.
Provision for credit losses increased 28.4% to $25.8 million from Q1 2026, while net interest margin widened 6 basis points to 3.33%.
Loan production and deposits
Loan and lease production rose 13.2% to $1.55 billion from Q1 2026, while total deposits grew 5.1% to $14.55 billion.
CEO James S. (Chip) Mahan III highlighted $1.5 billion of loan originations, record Live Oak Express small-dollar originations, and strong checking balance growth.
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