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 Live Oak Bancshares, Inc. Reports Net Income of $398 Thousand for the First Quarter of 2023

Live Oak Bancshares, Inc. Reports Net Income of $398 Thousand for the First Quarter of 2023

Live Oak Bancshares, Inc. Generates $151.4 Million in Revenue for Q1 2023

By USInMinutes
Published - Jul 26, 2023, 04:28 PM ET
Last Updated - Jul 26, 2023, 04:28 PM EDT

Live Oak Bancshares, Inc.(LOB), a prominent financial institut ion, has released its financial statements for the first quarter of 2023, ending on March 31. The unaudited condensed consolidated financial statements reveal the company's performance during this period. The report showcases the net income and revenue figures, highlighting the financial health and profitability of the organization.

Live Oak Bancshares, Inc. Reports Net Income of $398 Thousand for the First Quarter of 2023

Live Oak Bancshares, Inc. has disclosed its net income for the first quarter of 2023, which amounts to $398 thousand. This financial figure represents the company's profits after accounting for all expenses and taxes during the three-month period ending on March 31, 2023.

Live Oak Bancshares, Inc. Generates $151.4 Million in Revenue for Q1 2023

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