Reports Q4 revenue $128.07M, consensus $129.3M. Reports Q4 tangible book value per share $22.05. Reports Q4 CET1 capital ratio 11.04%. Reports Q4 net charge-offs 1.39%. “Live Oak Bank’s fourth quarter performance demonstrates our continued trajectory to grow the company in service of America’s small business owners,” said Live Oak Chairman and CEO James S. (Chip) Mahan III. “This year, we expanded loan and deposit products in meaningful ways, stayed close to our borrowers through challenges, and leveraged our greatest asset, our employees, to produce strong results across the year.”
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