Live Oak Banking Company: how it compares with its peers
Against 130 U.S. banks with half to twice its assets, Live Oak Banking Company's strongest measure in Q2 2026 is assets per employee ($15.4M vs. a $10.7M peer median). Its weakest relative measure is return on assets (0.96% vs. 1.29%).
| Measure | Live Oak Banking Company | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 0.96% | 1.29% | Bottom third Ahead of 21% of peers |
| Net interest margin Annualized net interest income over earning assets. | 3.34% | 3.68% | Bottom third Ahead of 32% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 53.22% | 54.83% | Middle third Ahead of 53% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $15.4M | $10.7M | Top third Ahead of 70% of peers |
| Loans to deposits Net loans and leases over total deposits. | 88.21% | 86.31% | Context |
What it means for lending operations
Its efficiency ratio of 53.22% is better than the 54.83% peer median. Banks that already run lean usually find their next gains in loan growth: faster digital applications and fewer borrowers abandoning a slow document chase.
Banks closest in size
- NBT Bank, National Association Norwich, NY · $16.09B
- Safra National Bank of New York New York, NY · $15.69B
- Bank of Baroda New York, NY · $16.24B
- Sunflower Bank, National Association Dallas, TX · $15.65B
- Nicolet National Bank Green Bay, WI · $15.39B
- Banner Bank Walla Walla, WA · $16.59B
Questions about Live Oak Banking Company
How big is Live Oak Banking Company?
Live Oak Banking Company, established in 2008, is headquartered in Wilmington, NC. It reported $15.96B in total assets in its Q2 2026 FDIC call report and operates 1 office.
What is Live Oak Banking Company's return on assets?
0.96% annualized in Q2 2026, against a 1.29% median for 130 U.S. banks with half to twice its assets, ahead of 21% of them.
What is Live Oak Banking Company's efficiency ratio?
53.22% in Q2 2026: it spent about 53 cents in noninterest expense for each dollar of revenue. The peer median is 54.83%, and lower is better.
Is Live Oak Banking Company growing its loans?
Net loans grew 15.8% over the year to Q2 2026, while deposits grew 16.2%.
Sources and method
Figures are from the FDIC’s public call report data for the quarter ending 06/30/2026, via FDIC BankFind. Return on assets and net interest margin are annualized year to date. Peers are U.S. banks with half to twice its assets in the same quarter, excluding this bank. The page refreshes daily, so new quarters appear as banks file. Compare another bank or see every North Carolina bank ranked.