Lendingclub Corp Stock Price, News & Analysis

LendingClub (NYSE: LC) is expanding into the $500 billion home improvement financing market via a distribution partnership with Wisetack and an acquisition of core lending technology and select talent from Mosaic. The Wisetack partnership provides access to ~40,000 contractor merchants and embedded SaaS channels to accelerate scale. LendingClub plans a two‑phase rollout: purchasing participation certificates from Wisetack's forward flow in early 2026, then using its own underwriting to originate larger loans in mid‑2026. The initiative aims to deliver real‑time approvals, transparent terms, and API payouts to improve homeowner and contractor experiences and support growth into 2026 and beyond.

LendingClub (NYSE: LC) reported third quarter 2025 results for the period ended September 30, 2025 delivering record pre-tax income of $57.2M, net income $44.3M, and diluted EPS of $0.37 (up 185% year-over-year).

Key operating metrics: originations $2.6B (+37% YoY), total net revenue $266.2M (+32% YoY), PPNR $103.5M (+58% YoY), NIM 6.18%, ROTCE 13.2%, ROE 12.4%, tangible book value per share $11.95, and available liquidity $3.9B.

Balance sheet highlights include total assets $11.1B, deposits $9.4B (88% FDIC-insured), strong capital ratios, and an MOU with BlackRock to invest up to $1B through 2026. Fourth-quarter outlook: originations $2.5B–$2.6B, PPNR $90M–$100M, ROTCE 10%–11.5%.

LendingClub (NYSE: LC) will host and webcast an Investor Day on Wednesday, November 5, 2025 in New York from 9:00 a.m. ET to 2:00 p.m. ET. Company executives will present on strategic direction, growth initiatives, technology and data capabilities, and long-term financial objectives.

A live webcast and an archive will be available at the company investor relations site under Events & Presentations. Virtual participation requires registration via the LendingClub Investor Day Virtual Registration link provided by the company.

LendingClub (NYSE: LC) will report third-quarter 2025 results after market close on Wednesday, Oct. 22, 2025 and will host a conference call at 2:00 p.m. PT / 5:00 p.m. ET the same day.

The company also scheduled an Investor Day on Wednesday, Nov. 5, 2025 at 9:00 a.m. ET / 6:00 a.m. PT to review strategy, product initiatives and financial performance; additional details will be provided in advance.

Analysts can submit questions by 12:00 p.m. PT on Oct. 21, 2025 to ir@lendingclub.com. A live webcast will be available at http://ir.lendingclub.com, with registration via the provided events link and an audio replay posted afterward.

LendingClub (NYSE:LC) has announced a significant partnership with BlackRock (NYSE:BLK), where BlackRock-managed funds will invest up to $1 billion through LendingClub's marketplace programs through 2026.

The partnership follows BlackRock's initial $100 million transaction under LendingClub's new LENDR (LendingClub Rated Notes) program in June 2025. The LENDR program features multiple tranches with Fitch credit ratings. Since launching its structured certificates programs in April 2023, LendingClub has sold nearly $6 billion in loans.

LendingClub (NYSE:LC) reported strong Q2 2025 results with significant growth across key metrics. The company achieved $2.4 billion in loan originations (+32% YoY) and total net revenue of $248.4 million (+33% YoY). Net income surged to $38.2 million, a 156% increase from the prior year, resulting in diluted EPS of $0.33.

Notable achievements include a loan funding partnership extension with Blue Owl worth up to $3.4 billion, credit outperformance exceeding competitors by 40%, and the launch of LevelUp Checking. The company maintained strong financial health with $10.8 billion in total assets (+12% YoY), $9.1 billion in deposits (+13% YoY), and robust capital ratios including a 12.2% Tier 1 leverage ratio.

LendingClub (NYSE: LC) has renewed its forward flow agreement with Blue Owl Capital managed funds for up to $3.4 billion in Structured Loan Certificate (SLCLC) transactions over two years. The initial phase includes transactions worth up to $600 million in the first three months, followed by quarterly purchases.

This renewal builds upon their existing partnership, which has already executed $2.4 billion worth of transactions through the SLCLC program. The program, launched in April 2023, has facilitated nearly $6 billion in loan sales and provides a streamlined investment process without requiring external financing for loan buyers.

LendingClub (NYSE:LC), America's leading digital marketplace bank, has scheduled its Q2 2025 earnings release and conference call for July 29, 2025. The company will release results after market close and host a conference call at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time).

Stakeholders can submit questions via email to ir@lendingclub.com before 12:00 p.m. Pacific Time on July 28, 2025. The call will be accessible through a live webcast and dial-in options, with replay available until August 5, 2025.

LendingClub (NYSE: LC) has launched LevelUp Checking, a new digital-first checking account offering cash back rewards for smart financial decisions. The account provides 1% unlimited cash back on debit card purchases for gas, grocery, and pharmacy purchases, plus 2% cash back on monthly personal loan payments when made on time. Key features include 1.00% APY on balances over $2,500, no account fees, unlimited ATM rebates, and early paycheck access. The product is exclusively available to LendingClub members with direct deposit enrollment. This initiative responds to consumer preferences, as a recent survey showed 31% of consumers prioritize rewards/cash back over interest rates (29%) when choosing financial products, with 42% reporting increased credit card spending on food and groceries due to higher living costs.