Reports Q2 revenue $125.48M, consensus $120.12M. pprovision for credit losses for the second quarter of 2024 totaled $11.8 million compared to $16.4 million for the first quarter of 2024 and $13.0 million for the second quarter of 2023.”Live Oak delivered a solid quarter with growth in loans, deposits and revenue as we continue our mission to serve small businesses across the country,” said CEO James Mahan III. “The strength of our portfolio is due to the quality of the entrepreneurs we serve. Our focus on credit strength, specialized industries and deep expertise continues to demonstrate the power of our franchise, and we are confident in the long-term opportunities ahead.”
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