2018 Press Releases

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Q1 2018 Live Oak Bancshares Inc Earnings Conference Call (Live)
04/26/18 at 9:00 a.m. ET
Q1 2018 Live Oak Bancshares Inc Earnings Conference Call
Thursday, April 26, 2018 9:00 a.m. ET  
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04/19/18Live Oak Bank Names Susan Janson Chief Risk Officer
WILMINGTON, N.C., April 19, 2018 (GLOBE NEWSWIRE) -- Live Oak Bank announced today the appointment of Susan Janson as chief risk officer for the bank.   Janson assumed the role effective April 16, and will oversee risk management, including regulatory relations and compliance.  “Susan’s extensive experience and deep understanding of sound governance practices will play an integral role in Live Oak’s ability to scale our business model to better serve entrepreneurs and small business owners... 
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04/12/18Live Oak Bank Announces John Wahl Joins Mergers & Acquisitions Team
WILMINGTON, N.C., April 12, 2018 (GLOBE NEWSWIRE) -- Live Oak Bank announces John Wahl will serve as a senior loan officer for the bank’s mergers and acquisitions team. Wahl specializes in business acquisitions including partner buyouts and stock purchases, owner-occupied real estate with and without tenant improvements, ground-up construction and start-up businesses. Wahl joins Live Oak as a seasoned lender, with more than 13 years of Small Business Administration (SBA) lending experience.... 
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04/11/18Live Oak Bancshares, Inc. Announces Date of First Quarter 2018 Financial Results
WILMINGTON, N.C., April 11, 2018 (GLOBE NEWSWIRE) -- Live Oak Bancshares, Inc. (“Live Oak”) (Nasdaq:LOB) today announced that it will report its first quarter 2018 financial results after U.S. financial markets close on Wednesday, April 25, 2018. In conjunction with this announcement, Live Oak will host a conference call to discuss the company's financial results and business outlook on Thursday, April 26, 2018, at 9:00 a.m. ET. To access this call, dial (844) 743-2494 (domestic) or (661) 378... 
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03/15/18Live Oak Bank Announces Mark Cyrus Joins Automotive Care Lending Team
WILMINGTON, N.C., March 15, 2018 (GLOBE NEWSWIRE) -- Live Oak Bank announces Mark Cyrus will serve as a senior loan officer for the bank’s automotive care lending team, which focuses exclusively on financing for businesses that provide quick lube services, tire centers, service and maintenance shops, collision shops, paint and body shops, and select auto part franchises nationwide. Cyrus joins Live Oak as a seasoned lender, with more than 20 years’ experience in commercial and Small Busines... 
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03/06/18Live Oak Bank Launches New Inventory Growth Loan™ for Cemeteries
WILMINGTON, N.C., March 06, 2018 (GLOBE NEWSWIRE) -- Live Oak Bank (Live Oak), which specializes in funeral home and cemetery lending, has launched a new conventional loan product called the Inventory Growth Loan™. This innovative product allows cemeterians nationwide to expand their mausolea and columbaria inventory faster and more securely. It’s also ideal for funeral homes seeking to add a memorial garden or columbarium. The Inventory Growth Loan™ is specifically designed to function within... 
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02/21/18Canapi Inc. Invests in Greenlight Financial Technology, Inc.
Partnership Brings Innovative Digital Banking Solutions to the Fingertips of Parents & Children WILMINGTON, N.C., Feb. 21, 2018 (GLOBE NEWSWIRE) -- Canapi Inc. announced today it is investing in fintech company Greenlight Financial Technology, Inc., creator of the smart debit card for kids, teens, and college students, to transform the way families are banking. ... 
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02/09/18Canapi Inc. Launches to Accelerate Digital Banking Transformation
WILMINGTON, N.C., Feb. 09, 2018 (GLOBE NEWSWIRE) -- Live Oak Banchares (NASDAQ:LOB) today announced it has launched Canapi Inc. (Canapi), formerly known as Live Oak Ventures, to transform how financial services are delivered to customers. With a goal of being a catalyst for the best in fintech, Canapi aims to create an ecosystem of like-minded companies that focus on digital banking transformation. “Canapi invests in companies that supply banks and credit unions with innovative technology t... 
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01/29/18Live Oak Bank Surpasses $350 Million in Self-Storage Loans
WILMINGTON, N.C., Jan. 29, 2018 (GLOBE NEWSWIRE) -- Live Oak Bank (“Live Oak”) has reached a milestone in closing its 165th self-storage loan in December 2017 providing more than $350 million in loans to self-storage company owner-operators nationwide. Live Oak was the largest self-storage lender in the nation in 2016, according to data from the U.S. Small Business Administration (SBA), and made its first self-storage loan in 2015. Led by self-storage industry veteran, Terry Campbell, Live... 
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01/24/18Live Oak Bancshares, Inc. Reports Fourth Quarter 2017 Results
WILMINGTON, N.C., Jan. 24, 2018 (GLOBE NEWSWIRE) -- Live Oak Bancshares, Inc. (Nasdaq:LOB) (“Live Oak” or “the Company”) today reported fourth quarter net earnings available to common shareholders of $71.7 million, or $1.74 per diluted share, compared to $5.5 million, or $0.16 per diluted share, for the fourth quarter of 2016.  The fourth quarter of 2017 included a pretax gain of $68.0 million related to an equity method investment in Apiture, LLC ("Apiture"), an $18.9 million revaluation of t... 
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01/17/18Live Oak Bank Announces Jennifer Williams Joins Renewable Energy Lending Team
WILMINGTON, N.C., Jan. 17, 2018 (GLOBE NEWSWIRE) -- Live Oak Bank announces Jennifer Williams will serve as a senior loan officer for the bank’s renewable energy lending team, which focuses exclusively on utility-scale solar, energy storage and waste-to-energy project financing nationwide. Williams has spent nearly a decade in solar energy finance, including roles at Sol Systems, Self-Help Credit Union and Ventures Fund, Mosaic and Sungevity. In her work prior to joining the Live Oak t... 
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01/10/18Live Oak Bancshares, Inc. Announces Date of Fourth Quarter 2017 Financial Results
WILMINGTON, N.C., Jan. 10, 2018 (GLOBE NEWSWIRE) -- Live Oak Bancshares, Inc. (“Live Oak”) (Nasdaq:LOB) today announced that it will report its fourth quarter 2017 financial results after U.S. financial markets close on Wednesday, January 24, 2018. In conjunction with this announcement, Live Oak will host a conference call to discuss the company's financial results and business outlook on Thursday, January 25, 2018, at 9:00 a.m. ET. To access this call, dial (844) 743-2494 (domestic) or (66... 
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