Live Oak Bancshares, Inc. Annual Interest Expense in USD from 2013 to 2023

Taxonomy & unit
us-gaap: USD
Description
Amount of the cost of borrowed funds accounted for as interest expense.
Summary
Live Oak Bancshares, Inc. quarterly/annual Interest Expense history and growth rate from 2013 to 2023.
  • Live Oak Bancshares, Inc. Interest Expense for the quarter ending March 31, 2024 was $102M, a 47.4% increase year-over-year.
  • Live Oak Bancshares, Inc. Interest Expense for the twelve months ending March 31, 2024 was $376M, a 119% increase year-over-year.
  • Live Oak Bancshares, Inc. annual Interest Expense for 2023 was $343M, a 193% increase from 2022.
  • Live Oak Bancshares, Inc. annual Interest Expense for 2022 was $117M, a 81.6% increase from 2021.
  • Live Oak Bancshares, Inc. annual Interest Expense for 2021 was $64.4M, a 31.2% decline from 2020.
Interest Expense, Trailing 12 Months (USD)
Interest Expense, Annual (USD)
Interest Expense, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date Report Filed
2023 $343M +$226M +193% Jan 1, 2023 Dec 31, 2023 10-K 2024-02-22
2022 $117M +$52.5M +81.6% Jan 1, 2022 Dec 31, 2022 10-K 2024-02-22
2021 $64.4M -$29.3M -31.2% Jan 1, 2021 Dec 31, 2021 10-K 2024-02-22
2020 $93.7M +$5.79M +6.58% Jan 1, 2020 Dec 31, 2020 10-K 2023-02-23
2019 $87.9M +$33.3M +61% Jan 1, 2019 Dec 31, 2019 10-K 2022-02-24
2018 $54.6M +$29.2M +115% Jan 1, 2018 Dec 31, 2018 10-K 2021-02-25
2017 $25.4M +$10.8M +74% Jan 1, 2017 Dec 31, 2017 10-K 2020-02-27
2016 $14.6M +$5.76M +65% Jan 1, 2016 Dec 31, 2016 10-K 2019-02-27
2015 $8.86M +$3.01M +51.4% Jan 1, 2015 Dec 31, 2015 10-K 2018-03-08
2014 $5.85M +$1.33M +29.4% Jan 1, 2014 Dec 31, 2014 10-K 2017-03-09
2013 $4.52M Jan 1, 2013 Dec 31, 2013 10-K 2016-03-14
* An asterisk sign (*) next to the value indicates that the value is likely invalid.