Live Oak Bancshares Raises Price Target to $37: LOB Stock News

Keefe Bruyette's analyst Timothy Switzer has increased his price target for Live Oak Bancshares (LOB) to $37, maintaining a Market Perform rating. The average one-year price target is $35 with a high estimate of $37 and a low estimate of $33. The average brokerage recommendation is 3.0, indicating a "Hold" status. The estimated GF Value for LOB in one year is $48.02, suggesting a 47.62% upside from the current price. The bank reported a 10% quarter-over-quarter revenue growth, a 20% year-over-year increase, and a $1.5 billion loan origination in Q2 2025.

Live Oak Bancshares, Inc. (NYSE: LOB) reported its second-quarter 2025 financial results, showcasing robust growth and improved financial performance. The company reported net income of $23.4 million, or $0.51 per diluted share, marking a significant increase of 141.1% compared to the same period last year [1].

Key highlights from the report include:
- Record Production and Deposit Growth: The bank achieved record second-quarter production of $1.53 billion, with strong deposit growth of $198.8 million. Total assets grew by 1.7% to $13.83 billion.
- Revenue and Expense Growth: Revenue increased by 14.0% to $143.7 million, while noninterest expenses grew by 6.3% to $89.3 million.
- Net Interest Income: Net interest income increased by 8.6% to $109.2 million, with a net interest margin increase of eight basis points to 3.28%.

Analyst Timothy Switzer of Keefe Bruyette & Co. has increased his price target for Live Oak Bancshares to $37, maintaining a Market Perform rating. The average one-year price target is $35, with a high estimate of $37 and a low estimate of $33. The average brokerage recommendation is 3.0, indicating a "Hold" status [2].

Live Oak's performance in Q2 2025 was driven by excellent growth, healthy revenue, and lower provision expense. The bank continues to focus on supporting entrepreneurs and providing service, technology, and financial guidance. The company will host a conference call on July 24, 2025, to discuss its financial results and business outlook.

References:
[1] https://www.morningstar.com/news/globe-newswire/9499378/live-oak-bancshares-inc-reports-second-quarter-2025-results
[2] https://www.keefe.com/research/