Live Oak Bancshares Q4 Originations Reach Record Levels, Net Charge-Offs Increase: Reiterating Hold
Live Oak Bancshares’ Q4 2024 Performance Review Introduction Live Oak Bancshares recently released their Q4 2024 financial results, which showed a mixed performance in various areas. Despite strong loan originations and increased deposits, the company struggled with high net charge-offs and expensive deposits. This has resulted in a high cost of funds at 4.03%, well…