<?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/ownership" xmlns:com="http://www.sec.gov/edgar/common">
  <headerData>
    <submissionType>144</submissionType>
    <filerInfo>
      <filer>
        <filerCredentials>
          <cik>0001036743</cik>
          <ccc>XXXXXXXX</ccc>
        </filerCredentials>
      </filer>
      <liveTestFlag>LIVE</liveTestFlag>



    </filerInfo>
  </headerData>
  <formData>
    <issuerInfo>
      <issuerCik>0001462120</issuerCik>
      <issuerName>Live Oak Bancshares, Inc.</issuerName>
      <secFileNumber>001-37497</secFileNumber>
      <issuerAddress>
        <com:street1>1741 TIBURON DRIVE</com:street1>
        <com:city>WILMINGTON</com:city>
        <com:stateOrCountry>NC</com:stateOrCountry>
        <com:zipCode>28403</com:zipCode>
      </issuerAddress>
      <issuerContactPhone>910-790-5867</issuerContactPhone>
      <nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>MAHAN JAMES S III</nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>
      <relationshipsToIssuer>
        <relationshipToIssuer>Officer</relationshipToIssuer>
        <relationshipToIssuer>Director</relationshipToIssuer>
      </relationshipsToIssuer>
    </issuerInfo>
    <securitiesInformation>
      <securitiesClassTitle>Common</securitiesClassTitle>
      <brokerOrMarketmakerDetails>
        <name>Fidelity Brokerage Services LLC</name>
        <address>
          <com:street1>900 Salem Street</com:street1>
          <com:city>Smithfield</com:city>
          <com:stateOrCountry>RI</com:stateOrCountry>
          <com:zipCode>02917</com:zipCode>
        </address>
      </brokerOrMarketmakerDetails>
      <noOfUnitsSold>10000</noOfUnitsSold>
      <aggregateMarketValue>381850.88</aggregateMarketValue>
      <noOfUnitsOutstanding>46262391</noOfUnitsOutstanding>
      <approxSaleDate>06/11/2026</approxSaleDate>
      <securitiesExchangeName>NYSE</securitiesExchangeName>
    </securitiesInformation>
    <securitiesToBeSold>
      <securitiesClassTitle>Common</securitiesClassTitle>
      <acquiredDate>12/18/2008</acquiredDate>
      <natureOfAcquisitionTransaction>PRE IPO shares</natureOfAcquisitionTransaction>
      <nameOfPersonfromWhomAcquired>Issuer</nameOfPersonfromWhomAcquired>
      <isGiftTransaction>N</isGiftTransaction>
      <amountOfSecuritiesAcquired>10000</amountOfSecuritiesAcquired>
      <paymentDate>12/18/2008</paymentDate>
      <natureOfPayment>Cash</natureOfPayment>
    </securitiesToBeSold>
    <nothingToReportFlagOnSecuritiesSoldInPast3Months>N</nothingToReportFlagOnSecuritiesSoldInPast3Months>
    <securitiesSoldInPast3Months>
      <sellerDetails>
        <name>James S Mahan Rev Trust</name>
        <address>
          <com:street1>171 Tiburon Drive</com:street1>
          <com:city>Wilmington</com:city>
          <com:stateOrCountry>NC</com:stateOrCountry>
          <com:zipCode>28403</com:zipCode>
        </address>
      </sellerDetails>
      <securitiesClassTitle>Common</securitiesClassTitle>
      <saleDate>03/11/2026</saleDate>
      <amountOfSecuritiesSold>10000</amountOfSecuritiesSold>
      <grossProceeds>328280.17</grossProceeds>
    </securitiesSoldInPast3Months>
    <securitiesSoldInPast3Months>
      <sellerDetails>
        <name>James S Mahan Rev Trust</name>
        <address>
          <com:street1>1741 Tiburon Drive</com:street1>
          <com:city>Wilmington</com:city>
          <com:stateOrCountry>NC</com:stateOrCountry>
          <com:zipCode>28403</com:zipCode>
        </address>
      </sellerDetails>
      <securitiesClassTitle>Common</securitiesClassTitle>
      <saleDate>03/12/2026</saleDate>
      <amountOfSecuritiesSold>10000</amountOfSecuritiesSold>
      <grossProceeds>325040.97</grossProceeds>
    </securitiesSoldInPast3Months>
    <securitiesSoldInPast3Months>
      <sellerDetails>
        <name>James S Mahan Rev Trust</name>
        <address>
          <com:street1>171 Tiburon Drive</com:street1>
          <com:city>Wilmington</com:city>
          <com:stateOrCountry>NC</com:stateOrCountry>
          <com:zipCode>28403</com:zipCode>
        </address>
      </sellerDetails>
      <securitiesClassTitle>Common</securitiesClassTitle>
      <saleDate>05/13/2026</saleDate>
      <amountOfSecuritiesSold>10000</amountOfSecuritiesSold>
      <grossProceeds>359616.93</grossProceeds>
    </securitiesSoldInPast3Months>
    <securitiesSoldInPast3Months>
      <sellerDetails>
        <name>James S Mahan Rev Trust</name>
        <address>
          <com:street1>1741 Tiburon Drive</com:street1>
          <com:city>Wilmington</com:city>
          <com:stateOrCountry>NC</com:stateOrCountry>
          <com:zipCode>28403</com:zipCode>
        </address>
      </sellerDetails>
      <securitiesClassTitle>Common</securitiesClassTitle>
      <saleDate>05/14/2026</saleDate>
      <amountOfSecuritiesSold>10000</amountOfSecuritiesSold>
      <grossProceeds>362263.26</grossProceeds>
    </securitiesSoldInPast3Months>
    <securitiesSoldInPast3Months>
      <sellerDetails>
        <name>James S Mahan Rev Trust</name>
        <address>
          <com:street1>1741 Tiburon Drive</com:street1>
          <com:city>Wilmington</com:city>
          <com:stateOrCountry>NC</com:stateOrCountry>
          <com:zipCode>28403</com:zipCode>
        </address>
      </sellerDetails>
      <securitiesClassTitle>Common</securitiesClassTitle>
      <saleDate>05/20/2026</saleDate>
      <amountOfSecuritiesSold>10000</amountOfSecuritiesSold>
      <grossProceeds>368369.08</grossProceeds>
    </securitiesSoldInPast3Months>
    <securitiesSoldInPast3Months>
      <sellerDetails>
        <name>James S Mahan Rev Trust</name>
        <address>
          <com:street1>1741 Tiburon Drive</com:street1>
          <com:city>Wilmington</com:city>
          <com:stateOrCountry>NC</com:stateOrCountry>
          <com:zipCode>28403</com:zipCode>
        </address>
      </sellerDetails>
      <securitiesClassTitle>Common</securitiesClassTitle>
      <saleDate>05/21/2026</saleDate>
      <amountOfSecuritiesSold>10000</amountOfSecuritiesSold>
      <grossProceeds>370915.70</grossProceeds>
    </securitiesSoldInPast3Months>
    <securitiesSoldInPast3Months>
      <sellerDetails>
        <name>James S Mahan Rev Trust</name>
        <address>
          <com:street1>1741 Tiburon Drive</com:street1>
          <com:city>Wilmington</com:city>
          <com:stateOrCountry>NC</com:stateOrCountry>
          <com:zipCode>28403</com:zipCode>
        </address>
      </sellerDetails>
      <securitiesClassTitle>Common</securitiesClassTitle>
      <saleDate>05/27/2026</saleDate>
      <amountOfSecuritiesSold>10000</amountOfSecuritiesSold>
      <grossProceeds>376513.10</grossProceeds>
    </securitiesSoldInPast3Months>
    <securitiesSoldInPast3Months>
      <sellerDetails>
        <name>James S Mahan Rev Trust</name>
        <address>
          <com:street1>1741 Tiburon Drive</com:street1>
          <com:city>Wilmington</com:city>
          <com:stateOrCountry>NC</com:stateOrCountry>
          <com:zipCode>28403</com:zipCode>
        </address>
      </sellerDetails>
      <securitiesClassTitle>Common</securitiesClassTitle>
      <saleDate>05/28/2026</saleDate>
      <amountOfSecuritiesSold>10000</amountOfSecuritiesSold>
      <grossProceeds>372481.18</grossProceeds>
    </securitiesSoldInPast3Months>
    <securitiesSoldInPast3Months>
      <sellerDetails>
        <name>James S Mahan Rev Trust</name>
        <address>
          <com:street1>1741 Tiburon Drive</com:street1>
          <com:city>Wilmington</com:city>
          <com:stateOrCountry>NC</com:stateOrCountry>
          <com:zipCode>28403</com:zipCode>
        </address>
      </sellerDetails>
      <securitiesClassTitle>Common</securitiesClassTitle>
      <saleDate>06/03/2026</saleDate>
      <amountOfSecuritiesSold>10000</amountOfSecuritiesSold>
      <grossProceeds>364671.37</grossProceeds>
    </securitiesSoldInPast3Months>
    <securitiesSoldInPast3Months>
      <sellerDetails>
        <name>James S Mahan Rev Trust</name>
        <address>
          <com:street1>1741 Tiburon Drive,</com:street1>
          <com:city>Wilmington</com:city>
          <com:stateOrCountry>NC</com:stateOrCountry>
          <com:zipCode>28403</com:zipCode>
        </address>
      </sellerDetails>
      <securitiesClassTitle>Common</securitiesClassTitle>
      <saleDate>06/04/2026</saleDate>
      <amountOfSecuritiesSold>10000</amountOfSecuritiesSold>
      <grossProceeds>372531.45</grossProceeds>
    </securitiesSoldInPast3Months>
    <securitiesSoldInPast3Months>
      <sellerDetails>
        <name>James S Mahan Rev Trust</name>
        <address>
          <com:street1>741 Tiburon Drive</com:street1>
          <com:city>Wilmington</com:city>
          <com:stateOrCountry>NC</com:stateOrCountry>
          <com:zipCode>28403</com:zipCode>
        </address>
      </sellerDetails>
      <securitiesClassTitle>Common</securitiesClassTitle>
      <saleDate>06/10/2026</saleDate>
      <amountOfSecuritiesSold>10000</amountOfSecuritiesSold>
      <grossProceeds>387321.69</grossProceeds>
    </securitiesSoldInPast3Months>
    <remarks>Today's sale and those that are recorded in the past 3 months occurred in the James S Mahan Rev Trust of which James S. Mahan III is a trustee and account stakeholder.</remarks>
    <noticeSignature>
      <noticeDate>06/11/2026</noticeDate>
      <planAdoptionDates>
        <planAdoptionDate>08/27/2025</planAdoptionDate>
      </planAdoptionDates>
      <signature>/s/ Daniel Tucci, as a duly authorized representative of Fidelity Brokerage Services LLC, as attorney-in-fact for James Mahan III</signature>
    </noticeSignature>
  </formData>
</edgarSubmission>
