From Yahoo Finance.: 2025-04-28 09:22:00

SouthernSun Asset Management, LLC reported a -11.32% return on their Small Cap Strategy for Q1 2025, compared to -9.48% for the Russell 2000 Index. Live Oak Bancshares, Inc. (NYSE:LOB) was a top detractor in the strategy, with a one-month return of -0.26% and shares losing 20.58% over the last year.

Live Oak Bancshares, Inc. (NYSE:LOB) continued to execute well in Q1 2025, with $1.4 billion in loan originations. The stock faced pressure due to elevated provision for loan losses and macroeconomic concerns. However, SouthernSun Small Cap Strategy believes in Live Oak’s long-term value creation potential for shareholders.

While Live Oak Bancshares, Inc. (NYSE:LOB) is not among the 30 most popular stocks among hedge funds, SouthernSun Small Cap Strategy sees promise in the company’s differentiated model. Despite challenges, Live Oak’s unique approach to lending to small businesses through technology-driven service delivery could lead to significant shareholder value over time.



Read more at Yahoo Finance.: Live Oak Bancshares (LOB) Fell on Increased Loan Loss Provisions Amid Recession Concerns and Low-Rate Loans