Financial Statements

Live Oak Bancshares, Inc. (LOB)


+0.06 (+0.15%)
Income Statement
Balance Sheet
Cash Flow

Income Statement

All numbers are in thousands , Years are calendar years not fiscal years

Retained Earning Schedule

Year 2022 2021 2020 2019 2018
Retained Earnings (Previous Year) 401236180167-
Net Income 176167601851
Stock Dividends 131-0120
Dividend Paid -5-5-5-5-5
Retained Earnings 572401236180167

PPE Schedule

Year 2022 2021 2020 2019 2018
Gross PPE 240259282263-
Annual Depreciation 67-16-156374
Capital Expenditure -44-3-21-37-111
Net PPE 263240259282263

Intangible and Goodwill Schedule

Year 2022 2021 2020 2019 2018
Intangible and Goodwill (Previous Year) -----
New Purchases -347-253-396-428-443
Intangible and Goodwill -----

Live Oak Bancshares, Inc. income statement is the only one that provides an overview of company sales and net income
The reasoning behind the adjustment, however, is that free cash flow is meant to measure money being spent right now, not transactions that happened in the past. This makes Live Oak Bancshares, Inc. FCF a useful instrument for identifying growing companies with high up-front costs, which may eat into earnings now but have the potential to pay off later.