Financial Statements

Live Oak Bancshares, Inc. (LOB)


-0.60 (-1.82%)
Income Statement
Balance Sheet
Cash Flow

Income Statement

All numbers are in thousands

Retained Earning Schedule

Year 2021 2020 2019 2018 2017
Retained Earnings (Previous Year) 236180167120-
Net Income 167601851100
Stock Dividends 1711-0024
Dividend Paid -173-5-5-5-4
Retained Earnings 401236180167120

PPE Schedule

Year 2021 2020 2019 2018 2017
Gross PPE 259282263179-
Annual Depreciation -19-156195303
Capital Expenditure --21-37-111-124
Net PPE 240259282263179

Intangible and Goodwill Schedule

Year 2021 2020 2019 2018 2017
Intangible and Goodwill (Previous Year) -----
New Purchases -43-347-253-396-
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.