Demonstrações financeiras detalhadas de Live Oak Bancshares, Inc. (LOB): demonstração de resultados, balanço patrimonial e fluxo de caixa. Acompanhe a evolução de margens, dívida, liquidez e rentabilidade ano a ano com até 20 anos de histórico.
Resumo da Análise
Live Oak Bancshares, Inc. registou receitas de $1.04B no último exercício, com um CAGR de 5 anos de 22.4%. O lucro líquido atingiu $103.8M, com CAGR de 5 anos de 11.8%.
Margens dos últimos 12 meses: margem bruta 50.5%, margem operacional 18.8%, margem líquida 12.7%.
Ao preço atual de $38.16, LOB negocia a um P/L de 13.12 e um ROE de 10.91%. A capitalização de mercado é de $1.8B.
Demonstração de Resultados (10 anos)
| Ano | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Receita | $144.8M | $203.2M | $253.3M | $289.5M | $378.3M | $506.4M | $508.8M | $776.6M | $929.3M | $1.04B |
| Custo da Receita | $27.2M | $35.0M | $60.2M | $103.1M | $134.3M | $79.6M | $157.9M | $394.3M | $532.7M | $538.2M |
| Lucro Bruto | $117.6M | $168.3M | $193.2M | $186.4M | $244.0M | $426.8M | $350.9M | $382.3M | $396.6M | $503.0M |
| P&D | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Despesas Gerais e Administrativas | $74.2M | $95.1M | $99.6M | $109.3M | $123.5M | $137.0M | $191.1M | $204.3M | $205.3M | $253.9M |
| Despesas Operacionais | $100.4M | $70.0M | $147.1M | $162.9M | $196.6M | $216.0M | $140.6M | $299.4M | $307.4M | $342.0M |
| Lucro Operacional | $17.2M | $98.3M | $46.0M | $23.5M | $47.4M | $210.8M | $210.3M | $82.8M | $89.2M | $161.0M |
| EBITDA | $21.5M | $108.5M | $62.4M | $43.4M | $69.1M | $232.2M | $231.1M | $104.1M | $112.5M | $185.1M |
| Despesas com Juros | $14.6M | $25.4M | $54.6M | $87.9M | $93.7M | $64.4M | $117.0M | $343.0M | $436.5M | $460.1M |
| Lucro Antes de Impostos | $17.2M | $98.3M | $46.0M | $23.5M | $47.4M | $210.8M | $210.3M | $82.8M | $89.2M | $161.0M |
| Imposto | $3.4M | -$2.2M | -$5.4M | $5.4M | -$12.2M | $43.8M | $34.1M | $8.9M | $11.8M | $57.3M |
| Lucro Líquido | $13.8M | $100.5M | $51.4M | $18.0M | $59.5M | $167.0M | $176.2M | $73.9M | $77.5M | $103.8M |
| LPA | $0.40 | $2.75 | $1.28 | $0.45 | $1.46 | $3.87 | $4.02 | $1.67 | $1.72 | $2.24 |
| LPA Diluído | $0.39 | $2.65 | $1.24 | $0.44 | $1.43 | $3.71 | $3.92 | $1.64 | $1.69 | $2.22 |
| Ações em Circulação (Diluídas) | $35.1M | $37.9M | $41.4M | $41.1M | $41.8M | $45.1M | $44.9M | $45.1M | $46.0M | $46.3M |
Demonstração de Resultados (Trimestral)
| Ano | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Receita | $258.4M | $289.4M | $259.9M | $272.5M |
| Lucro Bruto | $120.2M | $169.2M | $125.4M | $130.3M |
| Lucro Operacional | $36.6M | $80.1M | $40.1M | $45.8M |
| EBITDA | $43.2M | $83.8M | $47.0M | $52.1M |
| Lucro Líquido | $26.5M | $44.1M | $30.0M | $36.8M |
| LPA | $0.56 | $0.96 | $0.61 | $0.75 |
| LPA Diluído | $0.55 | $0.95 | $0.60 | $0.74 |
Balanço (10 anos)
| Ano | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Caixa e Equivalentes | $245.3M | $298.3M | $324.1M | $131.9M | $303.7M | $192.0M | $284.2M | $582.8M | $609.0M | $865.2M |
| Investimentos de Curto Prazo | $71.1M | $93.4M | $380.5M | $540.0M | $750.1M | $906.1M | $1.01B | $1.13B | $25.3M | $861.6M |
| Contas a Receber | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Estoque | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Ativos Circulantes | $316.3M | $388.6M | $704.6M | $671.9M | $1.05B | $1.10B | $1.30B | $1.71B | $634.4M | $1.73B |
| Imobilizado | $64.7M | $178.8M | $262.5M | $279.1M | $259.3M | $240.2M | $263.3M | $257.9M | $264.1M | $240.2M |
| Ágio | $18.7M | $7.3M | $32.2M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Ativos Intangíveis | $3.3M | $2.7M | $4.7M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Ativos Totais | $1.76B | $2.76B | $3.67B | $4.81B | $7.87B | $8.21B | $9.86B | $11.27B | $12.94B | $15.13B |
| Contas a Pagar | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dívida de Curto Prazo | $23.9M | $23.0M | $1.4M | 0 | $14.5M | $8.0M | $50.0M | 0 | 0 | 0 |
| Passivos Circulantes | $1.51B | $2.28B | $3.15B | $4.23B | $5.73B | $7.12B | $8.93B | $10.28B | $11.76B | $13.69B |
| Dívida de Longo Prazo | $4.0M | $3.6M | $1.4M | $14000 | $1.53B | $310.3M | $33.2M | $23.4M | $112.8M | $102.4M |
| Passivos Totais | $1.53B | $2.32B | $3.18B | $4.28B | $7.30B | $7.50B | $9.04B | $10.37B | $11.94B | $13.88B |
| Reservas | $23.5M | $120.2M | $167.1M | $180.3M | $235.7M | $400.9M | $572.5M | $642.8M | $715.8M | $809.9M |
| Patrimônio Líquido | $222.8M | $436.9M | $493.6M | $532.4M | $567.9M | $715.1M | $811.0M | $902.7M | $999.0M | $1.25B |
| Dívida Total | $31.8M | $26.6M | $2.9M | $28000 | $1.54B | $318.3M | $83.2M | $23.4M | $112.8M | $102.4M |
| Dívida Líquida | -$284.5M | -$365.1M | -$701.7M | -$671.9M | $488.3M | -$779.7M | -$1.22B | -$1.69B | -$521.6M | -$1.62B |
| Capital de Giro | -$1.19B | -$1.89B | -$2.45B | -$3.56B | -$4.67B | -$6.02B | -$7.64B | -$8.57B | -$11.13B | -$11.96B |
Balanço (Trimestral)
| Ano | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Caixa e Equivalentes | $892.7M | $865.2M | $816.4M | -$592.0M |
| Ativos Totais | $14.67B | $15.13B | $15.30B | $16.04B |
| Passivos Totais | $13.46B | $13.88B | $14.02B | $14.72B |
| Patrimônio Líquido | $1.20B | $1.25B | $1.28B | $1.31B |
| Dívida Total | $105.0M | $102.4M | $99.7M | $99.8M |
Fluxo de Caixa (10 anos)
| Ano | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Lucro Líquido | $13.8M | $100.5M | $51.4M | $18.0M | $59.5M | $167.0M | $176.2M | $73.9M | $77.4M | $105.6M |
| Depreciação e Amortização | $4.3M | $10.3M | $16.4M | $20.0M | $21.7M | $21.4M | $20.8M | $21.3M | $23.3M | $30.4M |
| Compensação em Ações | $12.1M | $7.5M | $9.2M | $11.7M | $14.7M | $17.0M | $20.3M | $17.9M | $26.2M | $26.2M |
| Variação Capital de Giro | -$7.7M | -$22.7M | -$15.6M | $18.3M | -$62.3M | $2.1M | -$22.3M | $39.5M | $5.7M | $43.6M |
| Fluxo de Caixa Operacional | -$221.9M | -$287.5M | $6.3M | -$482.5M | -$261.0M | -$119.7M | $124.5M | $620.1M | $536.5M | $158.2M |
| CapEx | -$10.9M | -$124.1M | -$111.3M | -$37.2M | -$21.0M | -$3.1M | -$43.8M | -$46.8M | -$49.3M | -$14.8M |
| Aquisições | 0 | -$7.7M | -$209000 | 0 | -$895000 | 0 | 0 | 0 | 0 | $4.4M |
| Recompra de Ações | 0 | 0 | 0 | 0 | 0 | -$953000 | 0 | 0 | 0 | 0 |
| Dividendos Pagos | -$2.7M | -$3.8M | -$4.8M | -$4.8M | -$4.9M | -$5.2M | -$5.3M | -$5.3M | -$5.4M | -$8.5M |
| Fluxo de Caixa Livre | -$232.8M | -$411.7M | -$105.0M | -$519.7M | -$282.0M | -$122.8M | $80.7M | $573.2M | $487.2M | $143.5M |
Fluxo de Caixa (Trimestral)
| Ano | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Fluxo de Caixa Operacional | -$234.6M | $79.7M | $87.4M | $31.2M |
| CapEx | -$1.7M | -$9.3M | -$2.0M | -$2.8M |
| Fluxo de Caixa Livre | -$236.3M | $70.4M | $85.3M | $28.4M |
| Dividendos Pagos | -$2.3M | -$3.5M | -$3.5M | -$3.5M |
| Compensação em Ações | $5.9M | $6.7M | $6.9M | $7.4M |
Crescimento e Margens (10 anos)
| Ano | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Crescimento Receita (anual) | | +40.4% | +24.6% | +14.3% | +30.7% | +33.9% | +0.5% | +52.6% | +19.7% | +12.0% |
| Crescimento Lucro Líquido (anual) | | +629.7% | -48.8% | -64.9% | +230.2% | +180.5% | +5.5% | -58.1% | +4.8% | +34.0% |
| Crescimento LPA (anual) | | +587.5% | -53.5% | -64.8% | +224.4% | +165.1% | +3.9% | -58.5% | +3.0% | +30.2% |
| Variação de Ações (anual) | | +7.9% | +9.5% | -0.9% | +1.7% | +7.9% | -0.4% | +0.4% | +1.9% | +0.7% |
| Crescimento FCF (anual) | | -76.8% | +74.5% | -394.8% | +45.7% | +56.5% | +165.7% | +610.0% | -15.0% | -70.5% |
| Margem Bruta | 81.2% | 82.8% | 76.3% | 64.4% | 64.5% | 84.3% | 69.0% | 49.2% | 42.7% | 48.3% |
| Margem Operacional | 11.9% | 48.3% | 18.2% | 8.1% | 12.5% | 41.6% | 41.3% | 10.7% | 9.6% | 15.5% |
| Margem EBITDA | 14.8% | 53.4% | 24.6% | 15.0% | 18.3% | 45.8% | 45.4% | 13.4% | 12.1% | 17.8% |
| Margem Líquida | 9.5% | 49.4% | 20.3% | 6.2% | 15.7% | 33.0% | 34.6% | 9.5% | 8.3% | 10.0% |
| Margem FCF | -160.8% | -202.5% | -41.5% | -179.5% | -74.5% | -24.2% | 15.9% | 73.8% | 52.4% | 13.8% |
| Taxa Efetiva de Imposto | 20.0% | -2.3% | -11.7% | 23.1% | -25.6% | 20.8% | 16.2% | 10.8% | 13.2% | 35.6% |
Dados por Ação (10 anos)
| Ano | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| FCF por Ação | $-6.64 | $-10.87 | $-2.53 | $-12.66 | $-6.75 | $-2.72 | $1.80 | $12.71 | $10.60 | $3.10 |
| Dividendo por Ação | $0.08 | $0.10 | $0.12 | $0.12 | $0.12 | $0.12 | $0.12 | $0.12 | $0.12 | $0.18 |
| Ações em Circulação (Básicas) | $34.2M | $36.6M | $40.1M | $40.2M | $40.7M | $43.2M | $43.9M | $44.4M | $45.0M | $45.9M |
O que olhar em empresas de Financial Services
- Efficiency Ratio (≤55%) — Despesas operacionais / receita. Bancos top abaixo de 55%.
- ROA (≥1%) — Quanto ganham por cada euro de ativos. ROE engana em bancos pela alavancagem.
- ROTCE (≥12%) — Rentabilidade sobre Capital Tangível. Exclui goodwill e intangíveis.
- Capital / Ativos (proxy Tier 1) (≥8%) — Proxy do rácio de capital. FMP não expõe Tier 1 regulatório direto.
- P/B (1,0-1,5x) — Métrica clássica bancária. <1x pode ser oportunidade ou distress.
- Dividend yield sustentável (≥2%, <8%) — Bancos UE pagam 5-7% sem stress. >8% é sinal de distress.
Rentabilidade
| Retorno sobre patrimônio | 10.91% |
| Retorno sobre capital investido | 0.86% |
| Retorno sobre ativos | 0.86% |
| Margem bruta | 50.46% |
| Margem operacional | 18.75% |
| Margem líquida | 12.73% |
Saúde financeira
| Dívida / Patrimônio | 0.08 |
| Liquidez corrente | 0.00 |
Índices Chave (10 anos)
| Ano | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| P/L | 46.25 | 8.67 | 11.57 | 42.24 | 32.51 | 22.56 | 7.51 | 27.25 | 22.99 | 15.33 |
| P/VP | 2.84 | 2.00 | 1.20 | 1.44 | 3.40 | 5.27 | 1.63 | 2.24 | 1.78 | 1.26 |
| P/V | 4.37 | 4.29 | 2.34 | 2.64 | 5.10 | 7.44 | 2.60 | 2.60 | 1.92 | 1.51 |
| Margem Bruta | 81.2% | 82.8% | 76.3% | 64.4% | 64.5% | 84.3% | 69.0% | 49.2% | 42.7% | 48.3% |
| Margem Operacional | 11.9% | 48.3% | 18.2% | 8.1% | 12.5% | 41.6% | 41.3% | 10.7% | 9.6% | 15.5% |
| Margem Líquida | 9.5% | 49.4% | 20.3% | 6.2% | 15.7% | 33.0% | 34.6% | 9.5% | 8.3% | 10.0% |