Live Oak Bancshares Sets $750M Annual Production Target for Express Unit

The bank reported Q2 2026 EPS of $0.74 and $1.5 billion in loan originations as it pushes deposit growth. Live Oak Bancshares outlined a goal to generate at least $750M in annual production from its Live Oak Express unit. The target accompanies a push for a minimum 10% dep

The bank reported Q2 2026 EPS of $0.74 and $1.5 billion in loan originations as it pushes deposit growth.

Live Oak Bancshares outlined a goal to generate at least $750M in annual production from its Live Oak Express unit. The target accompanies a push for a minimum 10% deposit mix in demand deposit accounts (DDA).

The bank reported Q2 2026 earnings per share of $0.74, alongside $1.5 billion in loan originations across 33 industries. Management cited progress in building sustainable earnings momentum.

No immediate market reaction was disclosed in the earnings call summary.

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