Live Oak Bancshares, Inc. (LOB) CEO Chip Mahan on Q2 2022 Results - Earnings Call Transcript

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Q2: 2022-07-27 Earnings Summary

EPS of $0.49 beats by $0.03
 | Revenue of $208.46M (47.25% Y/Y) beats by $71.10M

Live Oak Bancshares, Inc. (NYSE:LOB) Q2 202 Earnings Conference Call July 28, 2022 9:00 AM ET

Company Participants

Greg Seward - Chief Risk Officer and General Counsel
Chip Mahan - Chairman and Chief Executive Officer
William Losch - Chief Financial Officer
Huntley Garriott - President
Micah Davis - Chief Marketing Officer

Conference Call Participants

Steven Alexopoulos - JP Morgan
Crispin Love - Piper Sandler
Jennifer Demba - Truist Securities

Operator

Good day and thank you for standing by. Welcome to the Live Oak Bancshares Second Quarter 2022 Earnings Conference call. At this time, all participants are in a listen-only mode. After the speaker presentation, there will be a question-and-answer session. [Operator Instructions] Please be advised that today's conference is being recorded.

I would now like to hand the conference over to your speaker today Greg Seward, Chief Risk Officer and General Counsel at Live Oak Bancshares. Please go ahead.

Greg Seward

Thank you, and good morning everyone. Welcome to Live Oak's second quarter 2022 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 today's call on our event calendar for supporting materials. Our second 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 actual results to differ materially from our expectations are detailed in the materials accompanying this call and in our SEC filings. We do not undertake to update the forward-looking statements to reflect the impact of circumstances or events that may arise after the date of

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