UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2025 Commission File Number: 001-36771 LendingClub Corporation (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) Delaware 51-0605731 (I.R.S. Employer Identification No.) 595 Market Street, Suite 200, San Francisco, CA 94105 (Address ...

If you'd like to learn more about how to best position yourself in under valued stocks mispriced by the market to end April, consider joining Out Fox The Street .Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a purchase of the stock, or the purchase of call options or similar derivatives in LC over the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not r ...

LendingClub (LC) Q1 2025 Earnings Call April 29, 2025 09:54 PM ET Speaker0 Good afternoon. Thank you for attending today's LendingClub First Quarter twenty twenty five Earnings Conference Call. All lines will be muted during the presentation portion of the call with an opportunity for questions and answers at the end. I'll now hand the call over to Artem Nalavayko, Head of Investor Relations to begin. You may proceed. Speaker1 Thank you and good afternoon. Welcome to LendingClub's first quarter twenty twent ...

Core Insights - LendingClub reported revenue of $217.71 million for the quarter ended March 2025, reflecting a year-over-year increase of 20.5% and a surprise of +1.49% over the Zacks Consensus Estimate of $214.51 million [1] - The company's EPS for the quarter was $0.10, unchanged from the consensus estimate, but down from $0.11 in the same quarter last year [1] Financial Performance Metrics - Net Interest Margin was reported at 6%, exceeding the average estimate of 5.5% from two analysts [4] - The Net Charge-off Ratio was 4.8%, slightly better than the estimated 4.9% [4] - Efficiency Ratio stood at 66.1%, outperforming the average estimate of 68.1% [4] - Average Balance of Total Interest-Earning Assets was $10.04 billion, below the average estimate of $10.51 billion [4] - Total Interest Income was $232.06 million, lower than the estimated $235.20 million [4] - Net Interest Income reached $149.96 million, surpassing the average estimate of $142.25 million [4] - Total Non-Interest Income was $67.75 million, below the average estimate of $72.62 million [4] - Marketplace Revenue was $65.64 million, compared to the estimated $69.65 million [4] Stock Performance - LendingClub shares have returned +6.4% over the past month, contrasting with a -0.8% change in the Zacks S&P 500 composite [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [3]

First Quarter 2025 Results April 29, 2025 Disclaimer Some of the statements in this presentation, including statements regarding our competitive advantages, loan and financial performance, business outlook, and demand for our loan programs, are "forward-looking statements." The words "anticipate," "believe," "estimate," "expect," "intend," "may," "outlook," "plan," "predict," "project," "will," "would" and similar expressions may identify forward-looking statements, although not all forward-looking statemen ...

LendingClub (LC) came out with quarterly earnings of $0.10 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.11 per share a year ago. These figures are adjusted for non-recurring items.A quarter ago, it was expected that this company that connects borrowers and lenders online would post earnings of $0.10 per share when it actually produced earnings of $0.11, delivering a surprise of 10%.Over the last four quarters, the company has surpassed consensus EPS estimates three t ...

EXHIBIT 99.1 LendingClub Reports First Quarter 2025 Results Grew Originations +21%, Revenue +20%, and Total Assets +13% in First Quarter Compared to Prior Year Exceeded $100 Billion in Lifetime Originations SAN FRANCISCO – April 29, 2025 – LendingClub Corporation (NYSE: LC), the parent company of LendingClub Bank, America's leading digital marketplace bank, today announced financial results for the first quarter ended March 31, 2025. "We're off to a great start for 2025, growing total net revenue and origin ...

Cushion's technology to complement and enhance LendingClub's suite of mobile financial products and experiences SAN FRANCISCO, April 29, 2025 /PRNewswire/ -- LendingClub Corporation (NYSE: LC), America's leading digital marketplace bank, today announced the acquisition of intellectual property and select talent behind Cushion, an AI-powered spending intelligence platform, providing a natural complement to LendingClub's suite of mobile financial products and experiences.  Cushion's AI-powered technology inge ...

Grew Originations +21%, Revenue +20%, and Total Assets +13% in First Quarter Compared to Prior YearExceeded $100 Billion in Lifetime Originations SAN FRANCISCO, April 29, 2025 /PRNewswire/ -- LendingClub Corporation (NYSE: LC), the parent company of LendingClub Bank, America's leading digital marketplace bank, today announced financial results for the first quarter ended March 31, 2025."We're off to a great start for 2025, growing total net revenue and originations more than 20% year over year to cross $100 ...

SAN FRANCISCO, April 17, 2025 /PRNewswire/ -- LendingClub Corporation (NYSE: LC), the parent company of LendingClub Bank, America's leading digital marketplace bank, today announced it has entered into a definitive agreement to acquire a 233,887 square foot property located at 88 Kearny Street in San Francisco for $74.5 million. The property, which will serve as the company's headquarters beginning in Spring 2026, leverages the bank's balance sheet to purchase an attractive asset that has the potential to a ...