Live Oak Bancshares, Inc. 8-K Summary
Business Context and Reporting Period
This Form 8-K Current Report was filed by Live Oak Bancshares, Inc. on May 19, 2026. The filing reports a corporate action taken by the Board of Directors on the same date regarding dividend declarations for the company's equity securities.
Key Financial Metrics
The filing does not provide comprehensive financial statements, revenue, profit, cash flow, margins, debt, or liquidity metrics. The only financial data disclosed relates to the specific dividend amounts declared:
- Voting Common Stock: $0.03 per share.
- 8.375% Fixed Rate Series A Non-Cumulative Perpetual Preferred Stock: $0.52344 per depositary share.
Material Changes
The filing does not disclose material changes in financial performance or operations compared to prior periods. The primary event is the declaration of a quarterly cash dividend.
Guidance, Outlook, and Management Commentary
The filing contains no forward-looking guidance, management commentary on future outlook, discussion of risks, contingencies, or unusual items. The document is limited to the notification of the dividend declaration.
Investor Verification Checklist
- Record Date: Verify ownership status as of June 2, 2026, to qualify for the dividend.
- Payment Date: Confirm the dividend payment date of June 15, 2026.
- Dividend Rates: Confirm the $0.03 common stock rate and $0.52344 preferred depositary share rate.
- Preferred Stock Details: Note that the preferred stock is non-cumulative and perpetual.