Live Oak Bancshares Inc (NYSE:LOB)
$ 48.54 0.47 (0.98%) Market Cap: 2.19 Bil Enterprise Value: 1.64 Bil PE Ratio: 26.52 PB Ratio: 2.17 GF Score: 86/100

Q1 2023 Live Oak Bancshares Inc Earnings Call Transcript

Apr 27, 2023 / 01:00PM GMT
Release Date Price: $23.09 (+2.85%)
Operator

Good morning, ladies and gentlemen, and welcome to the Q1 2023 Live Oak Bancshares Earnings Call. (Operator Instructions) This call is being recorded on Thursday, April 27, 2023.

I would now like to turn the conference over to Mr. Greg Seward, Chief Risk Officer and General Counsel. Please go ahead.

Gregory W. Seward
Live Oak Bancshares, Inc. - Chief Risk Officer & General Counsel

Thank you, and good morning, everyone. Welcome to Live Oak's First Quarter 2023 Earnings Conference Call. We are webcasting live over the Internet, and this call is being recorded. To access the call over the Internet and review the presentation materials that we will reference on the call, please visit our website at investor.liveoakbank.com and go to the Events & Presentations tab for supporting materials. Our first quarter earnings release is also available on our website.

Before we get started, I would like to caution you that we may make forward-looking statements during today's call that are subject to risks and uncertainties. Factors that may cause

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