VP Harris's small business tax deduction is positive for small business lending – BTIG [Seeking Alpha]
Live Oak Bancshares, Inc. (LOB)
Last live oak bancshares, inc. earnings: 4/22 04:45 pm
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Source: Seeking Alpha
Vice President Kamala Harris spoke about her proposal to increase the small business startup tax deduction from $5,000 to $50,000 during last night's presidential debate. Boltansky said this proposal could spur new lending originations. “While the ~$3B per year cost could result in some changes, we believe the odds of increasing the startup deduction during next year's tax reform effort are high no matter the outcome in November,” he said. This increase in the business startup tax deduction would be a positive for small business lending originations, he said, which would benefit large SBA lenders. Among those possibly benefiting, he mentioned Live Oak Bancshares Inc. ( NYSE: LOB ), Huntington Bancshares Inc. ( NASDAQ: HBAN ), and NewtekOne Inc. ( NEWT Recommended For You Recommended For You More Trending News Related Stocks Trending Analysis Trending News
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News
- WARRIOR RISING ANNOUNCES ENHANCED CAPITAL READINESS CAPABILITY FOR VETERAN ENTREPRENEURSPR Newswire
- Live Oak Bancshares, Inc. (NASDAQ: LOB) had its price target lowered by analysts at Truist Financial Co. from $57.00 to $46.00. They now have a "buy" rating on the stock.MarketBeat
- Live Oak Bancshares, Inc. (NASDAQ: LOB) had its price target lowered by analysts at Piper Sandler from $50.00 to $44.00. They now have a "neutral" rating on the stock.MarketBeat
- Live Oak Bancshares Third Quarter 2024 Earnings: Revenues Beat Expectations, EPS Lags [Yahoo! Finance]Yahoo! Finance
- Live Oak Bancshares (LOB) Q3 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
LOB
Earnings
- 10/23/24 - Miss
LOB
Sec Filings
- 11/18/24 - Form 4
- 11/18/24 - Form 8-K
- 11/15/24 - Form 4
- LOB's page on the SEC website