STOCK TITAN

LendingClub Corporation 10-Q Filings

LC NYSE

Every 10-Q that LendingClub Corporation (LC) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.

A 10-Q covers the quarterly report filed between annual reports, so if you follow LC and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full LC filings page.

Rhea-AI Summary

LendingClub Corporation reported much stronger results for the quarter ended March 31, 2026. Net income rose to $51.6 million from $11.7 million a year earlier, with basic EPS increasing to $0.45 from $0.10. Total net revenue grew to $252.3 million, driven by higher net interest income of $176.2 million and sharply higher origination fees of $130.1 million.

The company implemented a key change by electing the fair value option for newly originated held-for-investment loans beginning January 1, 2026. This shifts expected credit losses from the provision line into fair value marks, contributing to a much lower credit loss provision of $0.4 million versus $58.1 million in the prior-year quarter, while net fair value adjustments were a negative $88.9 million.

Total assets increased to $11.9 billion, and deposits grew to $10.2 billion, with certificates of deposit reaching $2.54 billion. The allowance for loan and lease losses declined to $237.7 million, and nonaccrual loans were $58.7 million, or 1.6% of loans and leases held for investment at amortized cost.

Rhea-AI Summary

LendingClub reported stronger Q3 2025 results. Total net revenue was $266.231 million, up from $201.881 million a year ago, driven by marketplace revenue of $102.155 million versus $58.384 million and net interest income of $158.439 million versus $140.241 million. Interest expense declined to $83.362 million from $100.136 million, while the provision for credit losses was $46.280 million versus $47.541 million.

Net income rose to $44.274 million from $14.457 million, with diluted EPS of $0.37 compared to $0.13. For the nine months, total net revenue reached $732.377 million versus $569.810 million and net income was $94.123 million versus $41.610 million.

On the balance sheet, total assets were $11.073 billion at September 30, 2025, up from $10.631 billion at December 31, 2024. Deposits were $9.388 billion versus $9.068 billion, and total equity was $1.462 billion versus $1.342 billion. Loans held for sale at fair value were $1.213 billion versus $636.352 million at year-end. Shares outstanding were 115,301,440 as of October 17, 2025.