Live Oak Bancshares: 3 Key Takeaways for Long-Term Investors

Live Oak Bancshares reported Q3 2026 earnings with a $17 million credit provision on an exited distillery portfolio, but strong preprovision net revenue growth of 33% year-over-year to $88 million offset the charge. The bank's SBA small-dollar lending division surged 173% in originations, generating $7 million in fee income, while business checking balances grew 39% to over $500 million, improving funding costs and customer relationships.