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Live Oak Bancshares LOB Gain (Loss) on Sale of Assets and Asset Impairment Charges

Gain (Loss) on Sale of Assets and Asset Impairment Charges at other companies

UFP Industries, Inc. logo
UFP Industries, Inc.UFPI
$1.65M+2,074%
Live Oak Bancshares logo
Live Oak BancsharesLOB
-$140K-312%
Brunswick logo
BrunswickBC
-$600K
Advance Auto Parts logo
Advance Auto PartsAAP
-$3M+70.0%
Insight Enterprises logo
Insight EnterprisesNSIT
-$1.37M
Calumet, Inc. logo
Calumet, Inc.CLMT
-$325K+35.0%

Other financials

Income statement

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Revenue$145.5M+18.4%
Net income$30.0M+209%
EPS (diluted)$0.60+186%

Balance sheet

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Cash & equivalents$816.1M+9.7%
Total debt$99.7M-9.5%
Total equity$1.3B+24.4%
Total assets$15.3B+12.5%

Cash flow

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Operating cash flow$87.4M+394%
CapEx$2.0M-10.8%
Free cash flow$85.3M+366%

Valuation

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Market cap$1.84B+25.8%
Enterprise value$1.13B+39.8%
P/E14.6×-10.0×
P/S3.1×+0.1×

Profitability

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Net margin21.1%+9.1pp
FCF margin43.7%+30.2pp

Returns & leverage

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Return on equity11%+4.9pp
Debt / equity0.1×0.0×

Where this comes from

Reported directly by Live Oak Bancshares in its filing.

Tagged under the XBRL concept us-gaap:GainLossOnSalesOfAssetsAndAssetImpairmentCharges.

The official record: Live Oak Bancshares’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Live Oak Bancshares's gain (loss) on sale of assets and asset impairment charges?
Live Oak Bancshares (LOB) reported gain (loss) on sale of assets and asset impairment charges of -$140K in Q1 2026.
How has Live Oak Bancshares's gain (loss) on sale of assets and asset impairment charges changed year-over-year?
Live Oak Bancshares's gain (loss) on sale of assets and asset impairment charges decreased by 311.8% year-over-year, from -$34K to -$140K.
What does gain (loss) on sale of assets and asset impairment charges mean?
This captures the net impact of gains or losses recognized from the disposal of non-financial assets, alongside any charges related to the impairment of asset carrying values. It provides insight into the management of the bank's physical and operational asset base. Significant fluctuations here may indicate strategic restructuring or unexpected declines in asset utility.