LOBNYSEState Commercial BanksFiscal year ends December 31Also trades as LOB.PA
Live Oak Bancshares, Inc.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 4, 2026
$34.45−0.46 (-1.32%)
Close on Oct 19, 2026
- Market cap
- $1.61B
- P/E (TTM)
- 12.1
- Dividend yield
- 0.35%
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
33M
Shares held, 13F filers
Institutional holders
240
35 new, 21 sold out
Net institutional buying
0M
In Q2 2026
Insider trades, 12 months
2 buys · 73 sales
Net sold $20.40M
Shares held by institutions
Holders of more than 5%
Latest Schedule 13D (active) or 13G (passive) filed by each holder
| Holder | Shares | % of class | Filing | As of |
|---|---|---|---|---|
| Mahan James S Iii | 6,619,682 | 14.40% | 13G (passive) amendment | Dec 31, 2025 |
| T. Rowe Price Investment Management, Inc. | 6,456,789 | – | 13G (passive) amendment | Nov 14, 2024 |
| BlackRock, Inc. | 2,887,100 | 6.50% | 13G (passive) amendment | Dec 31, 2023 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of LOB | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| T. Rowe Price Investment Management, Inc. | 6,471,452 | – | $264.30K | −18,649 | 0.17% |
| BlackRock, Inc. | 3,515,856 | – | $143.59M | +82,957 | 0.00% |
| Vanguard Capital Management LLC | 1,654,730 | – | $67.58M | +121,959 | 0.00% |
| Dimensional Fund Advisors LP | 1,615,529 | – | $65.98M | +22,344 | 0.01% |
| State Street Corp | 1,367,619 | – | $55.88M | −69,696 | 0.00% |
| Barrow Hanley Mewhinney & Strauss LLC | 1,360,091 | – | $55.55M | −261,812 | 0.17% |
| Gilder Gagnon Howe & Co LLC | 1,123,910 | – | $45.90M | −69,204 | 0.47% |
| Vanguard Portfolio Management LLC | 996,870 | – | $40.71M | +88,724 | 0.00% |
| Southernsun Asset Management, LLC | 934,751 | – | $38.18M | −98,788 | 5.14% |
| Geode Capital Management, LLC | 912,543 | – | $37.28M | +58,585 | 0.00% |
| Loomis Sayles & Co L P | 671,994 | – | $27.44M | −56,135 | 0.03% |
| American Century Companies Inc | 667,556 | – | $27.26M | +485,769 | 0.01% |
| Royce & Associates LP | 646,091 | – | $26.39M | +72,241 | 0.21% |
| Algert Global LLC | 586,166 | – | $23.94M | +223,487 | 0.28% |
| William Blair Investment Management, LLC | 569,233 | – | $23.25M | −153,664 | 0.07% |
| Fuller & Thaler Asset Management, Inc. | 554,642 | – | $22.65M | +239,814 | 0.06% |
| Two Sigma Investments, LP | 420,262 | – | $17.16M | −13,906 | 0.01% |
| Northern Trust Corp | 320,783 | – | $13.10M | −3,604 | 0.00% |
| Charles Schwab Investment Management Inc | 299,270 | – | $12.22M | +8,636 | 0.00% |
| Raymond James Financial Inc | 287,390 | – | $11.74M | +24,602 | 0.00% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|
| Q2 2026 | 240 | 33M | 35 / 86 | 66 / 21 | 3M | 2M |
| Q1 2026 | 228 | 33M | 26 / 81 | 80 / 25 | 6M | 5M |
| Q4 2025 | 229 | 35M | 31 / 76 | 80 / 23 | 6M | 3M |
| Q3 2025 | 223 | 31M | 29 / 89 | 63 / 12 | 3M | 3M |
| Q2 2025 | 209 | 31M | 24 / 91 | 60 / 38 | 3M | 2M |
| Q1 2025 | 224 | 30M | 43 / 87 | 49 / 33 | 5M | 5M |
| Q4 2024 | 216 | 30M | 32 / 80 | 55 / 25 | 2M | 2M |
| Q3 2024 | 211 | 30M | 31 / 67 | 61 / 16 | 5M | 2M |
| Q2 2024 | 198 | 30M | 26 / 70 | 56 / 26 | 2M | 2M |
| Q1 2024 | 199 | 29M | 32 / 57 | 59 / 23 | 2M | 2M |
| Q4 2023 | 192 | 29M | 40 / 53 | 65 / 20 | 3M | 2M |
| Q3 2023 | 174 | 28M | 24 / 61 | 43 / 11 | 2M | 1M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
| Fund | Shares | % of LOB | Value | % of fund | As of |
|---|---|---|---|---|---|
| T. Rowe Price Small-Cap Value Fund, Inc. | 2,341,518 | – | $95.63M | 0.90% | Jun 30, 2026 |
| Vanguard Total Stock Market Index Fund | 1,181,867 | – | $48.27M | 0.00% | Jun 30, 2026 |
| T. Rowe Price Small-Cap Stock Fund, Inc. | 965,638 | – | $39.44M | 0.42% | Jun 30, 2026 |
| iShares Russell 2000 ETF | 949,687 | – | $38.79M | 0.05% | Jun 30, 2026 |
| T. Rowe Price Institutional Small-Cap Stock Fund | 525,631 | – | $21.47M | 0.43% | Jun 30, 2026 |
| Vanguard Small-Cap Index Fund | 423,889 | – | $17.31M | 0.01% | Jun 30, 2026 |
| Vanguard Extended Market Index Fund | 409,941 | – | $16.74M | 0.02% | Jun 30, 2026 |
| Fidelity Small Cap Index Fund | 398,018 | – | $17.04M | 0.05% | Jul 31, 2026 |
| Loomis Sayles Small Cap Growth Fund | 363,610 | – | $14.85M | 0.65% | Jun 30, 2026 |
| Avantis U.S. Small Cap Value ETF | 358,803 | – | $13.65M | 0.05% | May 31, 2026 |
| State Street(R) SPDR(R) S&P(R) Regional Banking ETF | 353,482 | – | $14.44M | 0.30% | Jun 30, 2026 |
| Royce Small-Cap Total Return Fund | 352,411 | – | $14.39M | 1.52% | Jun 30, 2026 |
| American Beacon Small Cap Value Fund | 352,245 | – | $15.08M | 0.40% | Jul 31, 2026 |
| SouthernSun Small Cap Fund | 343,749 | – | $14.04M | 5.47% | Jun 30, 2026 |
| William Blair Small Cap Value Fund | 266,213 | – | $10.87M | 1.03% | Jun 30, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | Latest filing |
|---|---|---|---|
| James S. Mahan Iii | Chief Executive Officer, Director, 10% owner | 6,174,875 | Sep 11, 2026 |
| William C. Losch III | President | 285,613 | Aug 26, 2026 |
| Michael Cairns | Chief Credit Officer | 11,528 | Aug 21, 2026 |
| Walter J. Phifer | Chief Financial Officer | 11,723 | Aug 19, 2026 |
| Matthew S. Diffley | Chief Accounting Officer | 0 | Aug 19, 2026 |
| Renato Derraik | Chief Info./Digital Off., Bank | 18,132 | Aug 12, 2026 |
| Courtney Spencer | Chief Experience Officer | 30,536 | Aug 5, 2026 |
| Mark Michael Moroz | Chief Banking Officer | 12,110 | Jul 29, 2026 |
| Gregory W. Seward | General Counsel | 113,797 | Mar 4, 2026 |
| John W. Sutherland | Chief Accounting Officer | 16,622 | Feb 25, 2026 |
| Ewa Maria Stasiowska | Chief Risk Officer | 2,595 | Feb 11, 2026 |
| Micah S. Davis | Chief Marketing & Comm Officer | 48,560 | Feb 25, 2025 |
| Stephanie Mann | Chief Strategy Officer | 42,784 | Feb 25, 2025 |
| Tonya Williams Bradford | Director | 8,043 | Sep 8, 2026 |
| William L. Williams Iii | Director | 1,309,686 | Sep 8, 2026 |
| David G. Lucht | Director | 13,623 | Aug 5, 2026 |
| Patrick Timothy McHenry | Director | 3,080 | May 21, 2026 |
| Yousef A. Valine | Director | 11,901 | May 21, 2026 |
| Jeffrey W. Lunsford | Director | 12,640 | May 21, 2026 |
| Miltom Emmett Petty | Director | 130,839 | May 21, 2026 |
| William Henderson Cameron | Director | 224,864 | May 21, 2026 |
| Glen F. Hoffsis | Director | 134,573 | May 5, 2025 |
| Diane Beth Glossman | Director | 72,983 | May 5, 2025 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| James S. Mahan Iii Chief Executive Officer, Director, 10% owner | Sep 10, 2026 | Sale(10b5-1 plan) | −10,000 | $38.75 | $387.50K | 2,747,844 |
| James S. Mahan Iii Chief Executive Officer, Director, 10% owner | Sep 9, 2026 | Sale(10b5-1 plan) | −10,000 | $38.63 | $386.30K | 2,757,844 |
| James S. Mahan Iii Chief Executive Officer, Director, 10% owner | Sep 3, 2026 | Sale(10b5-1 plan) | −10,000 | $39.75 | $397.50K | 2,767,844 |
| Tonya Williams Bradford Director | Sep 3, 2026 | Sale | −1,600 | $39.89 | $63.82K | 8,043 |
| William L. Williams Iii Director | Sep 3, 2026 | Sale(10b5-1 plan) | −6,590 | $40.09 | $264.19K | 1,105,726 |
| William L. Williams Iii Director | Sep 2, 2026 | Sale(10b5-1 plan) | −1,810 | $40.00 | $72.40K | 1,112,316 |
| James S. Mahan Iii Chief Executive Officer, Director, 10% owner | Sep 2, 2026 | Sale(10b5-1 plan) | −258 | $39.88 | $10.29K | 2,777,844 |
| James S. Mahan Iii Chief Executive Officer, Director, 10% owner | Sep 2, 2026 | Sale(10b5-1 plan) | −9,742 | $39.53 | $385.10K | 2,778,102 |
| James S. Mahan Iii Chief Executive Officer, Director, 10% owner | Aug 27, 2026 | Sale(10b5-1 plan) | −10,000 | $39.66 | $396.60K | 2,787,844 |
| James S. Mahan Iii Chief Executive Officer, Director, 10% owner | Aug 26, 2026 | Sale(10b5-1 plan) | −10,000 | $39.99 | $399.90K | 2,797,844 |
| William C. Losch III President | Aug 25, 2026 | Option exercise | +50,000 | – | – | 285,613 |
| William C. Losch III President | Aug 25, 2026 | Tax withholding | −22,221 | $39.99 | $888.62K | 263,392 |
| James S. Mahan Iii Chief Executive Officer, Director, 10% owner | Aug 20, 2026 | Sale(10b5-1 plan) | −10,000 | $40.53 | $405.30K | 2,807,844 |
| Michael Cairns Chief Credit Officer | Aug 19, 2026 | Tax withholding | −1,076 | $40.89 | $44.00K | 11,528 |
| Michael Cairns Chief Credit Officer | Aug 19, 2026 | Option exercise | +2,420 | – | – | 12,604 |
| James S. Mahan Iii Chief Executive Officer, Director, 10% owner | Aug 19, 2026 | Sale(10b5-1 plan) | −1,998 | $41.97 | $83.86K | 2,817,844 |
| James S. Mahan Iii Chief Executive Officer, Director, 10% owner | Aug 19, 2026 | Sale(10b5-1 plan) | −8,002 | $41.05 | $328.48K | 2,819,842 |
| Walter J. Phifer Chief Financial Officer | Aug 18, 2026 | Tax withholding | −1,296 | $42.60 | $55.21K | 11,723 |
| Walter J. Phifer Chief Financial Officer | Aug 18, 2026 | Option exercise | +2,916 | – | – | 13,019 |
| James S. Mahan Iii Chief Executive Officer, Director, 10% owner | Aug 13, 2026 | Sale(10b5-1 plan) | −10,000 | $43.10 | $431.00K | 2,827,844 |
| James S. Mahan Iii Chief Executive Officer, Director, 10% owner | Aug 12, 2026 | Sale(10b5-1 plan) | −10,000 | $42.75 | $427.50K | 2,837,844 |
| Renato Derraik Chief Info./Digital Off., Bank | Aug 10, 2026 | Tax withholding | −11,111 | $42.23 | $469.22K | 18,132 |
| Renato Derraik Chief Info./Digital Off., Bank | Aug 10, 2026 | Option exercise | +25,000 | – | – | 29,243 |
| William C. Losch III President | Aug 10, 2026 | Tax withholding | −18,665 | $42.23 | $788.22K | 235,613 |
| William C. Losch III President | Aug 10, 2026 | Option exercise | +42,000 | – | – | 254,278 |
| Courtney Spencer Chief Experience Officer | Aug 4, 2026 | Sale | −153.8 | $43.68 | $6.72K | 0 |
| David G. Lucht Director | Aug 4, 2026 | Sale | −2,000 | $44.36 | $88.72K | 13,623 |
| William L. Williams Iii Director | Aug 3, 2026 | Sale(10b5-1 plan) | −8,400 | $43.08 | $361.87K | 1,114,126 |
| Mark Michael Moroz Chief Banking Officer | Jul 28, 2026 | Sale | −6,100 | $42.08 | $256.69K | 12,110 |
| David G. Lucht Director | Jul 27, 2026 | Sale | −3,000 | $42.13 | $126.39K | 15,623 |
| William L. Williams Iii Director | Jul 1, 2026 | Sale(10b5-1 plan) | −2,604 | $41.23 | $107.36K | 1,128,322 |
| William L. Williams Iii Director | Jul 1, 2026 | Sale(10b5-1 plan) | −5,796 | $41.78 | $242.16K | 1,122,526 |
| William L. Williams Iii Director | Jun 24, 2026 | Sale(10b5-1 plan) | −8,400 | $40.05 | $336.42K | 1,130,926 |
| James S. Mahan Iii Chief Executive Officer, Director, 10% owner | Jun 11, 2026 | Sale(10b5-1 plan) | −10,000 | $38.19 | $381.90K | 2,847,844 |
| James S. Mahan Iii Chief Executive Officer, Director, 10% owner | Jun 10, 2026 | Sale(10b5-1 plan) | −915 | $39.20 | $35.87K | 2,857,844 |
| James S. Mahan Iii Chief Executive Officer, Director, 10% owner | Jun 10, 2026 | Sale(10b5-1 plan) | −9,085 | $38.68 | $351.41K | 2,858,759 |
| James S. Mahan Iii Chief Executive Officer, Director, 10% owner | Jun 4, 2026 | Sale(10b5-1 plan) | −9,921 | $37.26 | $369.66K | 2,867,923 |
| James S. Mahan Iii Chief Executive Officer, Director, 10% owner | Jun 4, 2026 | Sale(10b5-1 plan) | −79 | $37.65 | $2.97K | 2,867,844 |
| James S. Mahan Iii Chief Executive Officer, Director, 10% owner | Jun 3, 2026 | Sale(10b5-1 plan) | −9,363 | $36.42 | $341.00K | 2,878,481 |
| James S. Mahan Iii Chief Executive Officer, Director, 10% owner | Jun 3, 2026 | Sale(10b5-1 plan) | −637 | $37.14 | $23.66K | 2,877,844 |
| James S. Mahan Iii Chief Executive Officer, Director, 10% owner | May 28, 2026 | Sale(10b5-1 plan) | −10,000 | $37.25 | $372.50K | 2,887,844 |
| James S. Mahan Iii Chief Executive Officer, Director, 10% owner | May 27, 2026 | Sale(10b5-1 plan) | −10,000 | $37.65 | $376.50K | 2,897,844 |
| James S. Mahan Iii Chief Executive Officer, Director, 10% owner | May 21, 2026 | Sale(10b5-1 plan) | −3,388 | $37.42 | $126.78K | 2,907,844 |
| James S. Mahan Iii Chief Executive Officer, Director, 10% owner | May 21, 2026 | Sale(10b5-1 plan) | −6,612 | $36.92 | $244.12K | 2,911,232 |
| Mark Michael Moroz Chief Banking Officer | May 20, 2026 | Tax withholding | −3,163 | $36.20 | $114.50K | 18,210 |
| Mark Michael Moroz Chief Banking Officer | May 20, 2026 | Option exercise | +7,117 | – | – | 21,373 |
| James S. Mahan Iii Chief Executive Officer, Director, 10% owner | May 20, 2026 | Sale(10b5-1 plan) | −9,645 | $36.83 | $355.23K | 2,918,199 |
| James S. Mahan Iii Chief Executive Officer, Director, 10% owner | May 20, 2026 | Sale(10b5-1 plan) | −355 | $37.15 | $13.19K | 2,917,844 |
| James S. Mahan Iii Chief Executive Officer, Director, 10% owner | May 14, 2026 | Sale(10b5-1 plan) | −10,000 | $36.23 | $362.30K | 2,927,844 |
| James S. Mahan Iii Chief Executive Officer, Director, 10% owner | May 13, 2026 | Sale(10b5-1 plan) | −10,000 | $35.96 | $359.60K | 2,937,844 |
| Jeffrey W. Lunsford Director | May 1, 2026 | Option exercise | +1,890 | – | – | 12,640 |
| David G. Lucht Director | May 1, 2026 | Option exercise | +2,946 | – | – | 18,623 |
| Yousef A. Valine Director | May 1, 2026 | Option exercise | +2,946 | – | – | 10,401 |
| William Henderson Cameron Director | May 1, 2026 | Option exercise | +2,946 | – | – | 19,850 |
| Miltom Emmett Petty Director | May 1, 2026 | Option exercise | +2,946 | – | – | 130,839 |
| Tonya Williams Bradford Director | May 1, 2026 | Option exercise | +2,946 | – | – | 9,643 |
| Patrick Timothy McHenry Director | May 1, 2026 | Option exercise | +3,080 | – | – | 3,080 |
| Renato Derraik Chief Info./Digital Off., Bank | Apr 30, 2026 | Sale | −75,000 | $37.83 | $2.84M | 4,243 |
| James S. Mahan Iii Chief Executive Officer, Director, 10% owner | Mar 12, 2026 | Sale(10b5-1 plan) | −10,000 | $32.50 | $325.00K | 2,947,844 |
| James S. Mahan Iii Chief Executive Officer, Director, 10% owner | Mar 11, 2026 | Sale(10b5-1 plan) | −10,000 | $32.83 | $328.30K | 2,957,844 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.
Planned insider sales
Notices of proposed sale filed on Form 144 before shares are sold
| Seller | Filed | Shares | Market value | Planned sale | Acquired through |
|---|---|---|---|---|---|
| James S. Mahan Iii Officer, Director | Sep 10, 2026 | 10,000 | $387.48K | Sep 10, 2026 | Pre-IPO Shares |
| James S. Mahan Iii Officer, Director | Sep 9, 2026 | 10,000 | $386.31K | Sep 9, 2026 | Pre-IPO Shares |
| James S. Mahan Iii Officer, Director | Sep 3, 2026 | 10,000 | $398.90K | Sep 3, 2026 | Pre-IPO Shares |
| Tonya Williams Bradford Director | Sep 3, 2026 | 1,600 | $63.82K | Sep 3, 2026 | Restricted Stock Vesting |
| James S. Mahan Iii Officer, Director | Sep 2, 2026 | 10,000 | $390.00K | Sep 2, 2026 | Pre-IPO Shares |
| James S. Mahan Iii Officer, Director | Aug 27, 2026 | 10,000 | $396.59K | Aug 27, 2026 | Pre-IPO Shares |
| James S. Mahan Iii Officer, Director | Aug 26, 2026 | 10,000 | $399.88K | Aug 26, 2026 | Pre-IPO Shares |
| James S. Mahan Iii Officer, Director | Aug 20, 2026 | 10,000 | $405.50K | Aug 20, 2026 | PRE IPO shares |
| James S. Mahan Iii Officer, Director | Aug 19, 2026 | 10,000 | $427.80K | Aug 19, 2026 | Pre IPO Shares |
| James S. Mahan Iii Officer, Director | Aug 13, 2026 | 10,000 | $432.00K | Aug 13, 2026 | Pre IPO Shares |
| James S. Mahan Iii Officer, Director | Aug 12, 2026 | 10,000 | $427.80K | Aug 12, 2026 | Pre IPO Shares |
| David G. Lucht Affiliate | Aug 4, 2026 | 2,000 | $87.26K | Aug 4, 2026 | Restricted Stock Award |
| Mark Michael Moroz Officer | Jul 28, 2026 | 6,100 | $257.30K | Jul 28, 2026 | Restricted Stock Award |
| David G. Lucht Director | Jul 27, 2026 | 3,000 | $126.35K | Jul 27, 2026 | RESTRICTED STOCK AWARD |
| William L. Williams Iii Director | Jun 24, 2026 | 33,600 | $1.34M | Jun 24, 2026 | OPEN MARKET |