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Public signal · 1-minute delayed
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What happened, with direct paths to the underlying reporting
LOB reported Q2 2024 revenue of $125.48 million, up 15.7%. EPS increased to $0.59, exceeding estimates by 28.26%. Net charge-offs were 0.4%, higher than the expected 0.2%. Efficiency ratio improved to 61.9%, better than estimated 68.7%. LOB shares gained 30.3% in the past month, outperforming the market.
- LOB reported Q2 2024 revenue of $125.48 million, up 15.7%.
- EPS increased to $0.59, exceeding estimates by 28.26%.
- Net charge-offs were 0.4%, higher than the expected 0.2%.
- Efficiency ratio improved to 61.9%, better than estimated 68.7%.
- LOB shares gained 30.3% in the past month, outperforming the market.
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