Neil Lawrence  Underwood net worth and biography

Neil Underwood Biography and Net Worth

President of Live Oak Bancshares
Neil Underwood currently serves as partner of Canapi Ventures, a strategic fintech venture fund, and as president of Live Oak Bancshares, the holding company of Live Oak Bank. While at the bank, he co-founded nCino, a cloud-based bank operating system now serving over 250 financial institutions globally.

Through the venture arm of Live Oak, Neil has incubated and helped raise capital for companies focused on digital bank transformation such as Finxact, Payrailz, DefenseStorm and Greenlight. In 2017, Neil co-founded Apiture, a joint venture between Live Oak and First Data, serving as a cloud-native omni-channel onboarding and servicing platform.

Prior to Live Oak, Underwood served as general manager of S1 Corporation (SONE), where he was responsible for the S1 Enterprise Retail division. S1, since acquired by ACI (ACIW), built and deployed financial services systems such as online banking, payments and mobile solutions to over 3,000 financial institutions worldwide.

Underwood currently serves on the board of Live Oak Bank, Defense Storm, Apiture, Payrailz, and is board observer at Finxact and Greenlight. A native of Miami, FL, he holds a Bachelor of Science in industrial engineering from the Georgia Institute of Technology.

What is Neil Lawrence Underwood's net worth?

The estimated net worth of Neil Lawrence Underwood is at least $41.94 million as of December 12th, 2018. Mr. Underwood owns 1,248,269 shares of Live Oak Bancshares stock worth more than $41,941,838 as of April 26th. This net worth evaluation does not reflect any other assets that Mr. Underwood may own. Learn More about Neil Lawrence Underwood's net worth.

How do I contact Neil Lawrence Underwood?

The corporate mailing address for Mr. Underwood and other Live Oak Bancshares executives is 1741 TIBURON DRIVE, WILMINGTON NC, 28403. Live Oak Bancshares can also be reached via phone at (866) 518-0286. Learn More on Neil Lawrence Underwood's contact information.

Has Neil Lawrence Underwood been buying or selling shares of Live Oak Bancshares?

Neil Lawrence Underwood has not been actively trading shares of Live Oak Bancshares within the last three months. Most recently, Neil Lawrence Underwood sold 21,116 shares of the business's stock in a transaction on Wednesday, December 15th. The shares were sold at an average price of $85.12, for a transaction totalling $1,797,393.92. Learn More on Neil Lawrence Underwood's trading history.

Who are Live Oak Bancshares' active insiders?

Live Oak Bancshares' insider roster includes Diane Glossman (Director), Susan Janson (Insider), William Losch, III (CFO), Gregory Seward (General Counsel), Steve Smits (Insider), John Sutherland (CAO), Neil Underwood (President), and Willam Williams, III (EVP). Learn More on Live Oak Bancshares' active insiders.

Are insiders buying or selling shares of Live Oak Bancshares?

In the last twelve months, Live Oak Bancshares insiders bought shares 2 times. They purchased a total of 9,000 shares worth more than $197,580.00. In the last twelve months, insiders at the bank sold shares 6 times. They sold a total of 83,613 shares worth more than $2,898,500.31. The most recent insider tranaction occured on March, 11th when insider Micah S Davis sold 8,613 shares worth more than $343,400.31. Insiders at Live Oak Bancshares own 23.9% of the company. Learn More about insider trades at Live Oak Bancshares.

Information on this page was last updated on 3/11/2024.

Neil Lawrence Underwood Insider Trading History at Live Oak Bancshares

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
12/15/2021Sell21,116$85.12$1,797,393.92View SEC Filing Icon  
11/29/2021Sell15,000$92.81$1,392,150.00View SEC Filing Icon  
11/22/2021Sell79,853$96.70$7,721,785.10View SEC Filing Icon  
8/27/2021Sell17,479$60.98$1,065,869.42View SEC Filing Icon  
8/25/2021Sell16,000$61.09$977,440.00View SEC Filing Icon  
8/16/2021Sell16,521$60.15$993,738.15View SEC Filing Icon  
1/29/2019Buy7,165$13.88$99,450.20View SEC Filing Icon  
12/12/2018Buy15,546$16.08$249,979.681,248,269View SEC Filing Icon  
See Full Table

Neil Lawrence Underwood Buying and Selling Activity at Live Oak Bancshares

This chart shows Neil Lawrence Underwood's buying and selling at Live Oak Bancshares by year and by quarter.

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Live Oak Bancshares Company Overview

Live Oak Bancshares logo
Live Oak Bancshares, Inc. operates as the bank holding company for Live Oak Banking Company that provides various banking products and services in the United States. It operates through two segments, Banking and Fintech. The company accepts various deposit products, including noninterest-bearing demand, as well as interest-bearing checking, money market, savings, and time deposits. It also offers commercial and industrial loans; construction and development loans; owner occupied and non-owner occupied collateral commercial real estate loans; and commercial land loans. In addition, the company provides settlement, accounting, and securitization services for government guaranteed loans; financing for renewable energy application industry; wealth and investment management services to high-net-worth individuals and families; and investment advisory services to a series of funds focused on providing venture capital to new and emerging financial technology companies. Live Oak Bancshares, Inc. was incorporated in 2008 and is headquartered in Wilmington, North Carolina.
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Today's Range

Now: $33.60
Low: $33.04
High: $35.01

50 Day Range

MA: $39.24
Low: $34.28
High: $41.58

2 Week Range

Now: $33.60
Low: $19.53
High: $47.22

Volume

108,245 shs

Average Volume

166,609 shs

Market Capitalization

$1.50 billion

P/E Ratio

16.88

Dividend Yield

0.30%

Beta

1.6