Live Oak Bancshares, Inc. Form 8-K Summary
Business Context and Reporting Period
This Current Report on Form 8-K was filed by Live Oak Bancshares, Inc. on August 18, 2026. The filing reports a corporate action taken by the Board of Directors regarding dividend declarations for the Company's common and preferred stock.
Key Financial Metrics
The filing does not provide comprehensive financial metrics such as revenue, profit, cash flow, margins, debt, or liquidity. The only financial data disclosed relates to the specific dividend amounts declared:
- Common Stock Dividend: $0.03 per share of Voting Common Stock.
- Preferred Stock Dividend: $0.52344 per depositary share of 8.375% Fixed Rate Series A Non-Cumulative Perpetual Preferred Stock.
Material Changes
The filing does not disclose material changes in financial performance, operational results, or balance sheet positions compared to prior periods. The sole material event is the declaration of the dividends described above.
Guidance, Outlook, and Risks
The filing contains no management commentary, forward-looking guidance, outlook, or discussion of risks and contingencies. The document is limited to the notification of the dividend declaration and payment schedule.
Key Facts for Investor Verification
- Dividend Declaration Date: August 18, 2026.
- Record Date: September 1, 2026 (shareholders must be on record by this date to receive the dividend).
- Payment Date: September 15, 2026.
- Dividend Amounts: $0.03 per common share and $0.52344 per preferred depositary share.
- Authorized Signatory: Walter J. Phifer, Chief Financial Officer.