Live Oak Bank Named to Bankrate’s List of Best Online Savings Accounts
|WILMINGTON, N.C., May 03, 2018 (GLOBE NEWSWIRE) -- Live Oak Bank has been named by BankRate.com as one of the nation’s best choices for online savings accounts. Live Oak’s high-yield online savings account was awarded the top ranking for the ease of use category.
“We understand that customers today want easy-to-use, secure, high-yield online options for their personal savings and we work very hard to deliver an unprecedented banking experience for them,” said Mark Moroz, Live Oak’s direct... |
Canapi Inc. Names Timur Davis as Principal
|WILMINGTON, N.C., April 30, 2018 (GLOBE NEWSWIRE) -- Canapi Inc. announced today the appointment of Timur Davis as principal for the fintech-focused company.
Canapi Inc., a wholly owned subsidiary of Live Oak Banchares (NASDAQ: LOB), is a fintech-focused company that aims to bring innovation, efficiency and excellence to the forefront of t... |
Live Oak Bancshares, Inc. Reports First Quarter 2018 Results
|WILMINGTON, N.C., April 25, 2018 (GLOBE NEWSWIRE) -- Live Oak Bancshares, Inc. (Nasdaq:LOB) (“Live Oak” or “the Company”) today reported first quarter net earnings available to common shareholders of $12.5 million, or $0.30 per diluted share, compared to $6.1 million, or $0.17 per diluted share, for the first quarter of 2017.
“We kicked off the year in fine fashion with a very strong performance in the first quarter. We enjoyed 43% growth in our loan and lease portfolio compared to one yea... |