Welcome to our dedicated page for LendingClub SEC filings (Ticker: LC), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
This page provides access to LendingClub Corporation (NYSE: LC) SEC filings, offering a detailed view of how the company reports its financial and regulatory information as a digital marketplace bank and bank holding company. Through these documents, investors can review LendingClub’s loan performance, capital position, funding mix, and risk disclosures.
LendingClub’s periodic reports on Forms 10-K and 10-Q describe its business as the parent and operator of LendingClub Bank, National Association, Member FDIC, and explain its marketplace bank model, which combines a bank foundation with a capital-light loan marketplace. These filings typically include information on loan originations, net interest income, non-interest income, credit quality metrics, and capital ratios, along with discussions of risk factors and regulatory considerations.
Current reports on Form 8-K highlight material events such as quarterly earnings releases and board-approved programs. For example, recent 8-K filings have furnished press releases covering second and third quarter 2025 results and disclosed the approval of a stock repurchase and acquisition program authorizing the repurchase and acquisition of up to a specified amount of common stock. These filings help investors track changes in LendingClub’s financial profile, capital management, and strategic initiatives.
Filings also discuss non-GAAP measures used by the company, including pre-provision net revenue, tangible book value per common share, and return on tangible common equity, along with reconciliations to GAAP metrics. Together, these documents provide context for evaluating LendingClub’s performance as a digital marketplace bank, its use of structured loan certificate programs, and its relationships with institutional loan investors.
On Stock Titan, SEC filings for LC are updated from EDGAR and paired with AI-powered summaries that explain key sections, highlight important changes, and help readers quickly understand complex disclosures such as earnings releases, capital programs, and risk factor discussions.
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.
LendingClub Corp ownership filing: Vanguard Portfolio Management reports beneficial ownership of 7,716,293 shares of Common Stock, representing 6.69% of the class as of 03/31/2026. The filing shows sole voting power for 82,426 shares and sole dispositive power over 7,716,293 shares; holdings are reported on behalf of Vanguard funds and managed accounts.
LendingClub reported strong first quarter 2026 results, with total net revenue of $252.3 million, up 16% year-over-year, and record pre-tax income of $67.3 million.
Net income rose to $51.6 million and diluted EPS to $0.44, both more than quadrupling versus the prior year. Loan originations reached $2.7 billion, up 31%, while net interest margin expanded to 6.28% and provision for credit losses dropped to $0.4 million.
The company plans to rebrand as Happen Bank in summer 2026, has begun originating home improvement loans, and is running over 60 AI initiatives that helped drive a >90% automation rate for issued personal loans. Management guided 2026 loan originations to $11.6–$12.6 billion and diluted EPS to $1.65–$1.80.
LendingClub reported strong first quarter 2026 results, with total net revenue of $252.3 million, up 16% year-over-year, and record pre-tax income of $67.3 million.
Net income rose to $51.6 million and diluted EPS to $0.44, both more than quadrupling versus the prior year. Loan originations reached $2.7 billion, up 31%, while net interest margin expanded to 6.28% and provision for credit losses dropped to $0.4 million.
The company plans to rebrand as Happen Bank in summer 2026, has begun originating home improvement loans, and is running over 60 AI initiatives that helped drive a >90% automation rate for issued personal loans. Management guided 2026 loan originations to $11.6–$12.6 billion and diluted EPS to $1.65–$1.80.
LendingClub Corporation reports a Schedule 13G filing showing Bay Pond Investors (Bermuda) L.P. beneficially owns 5,882,684 shares of Common Stock, representing 5.11% of the class as of 04/17/2026.
The filing lists shared voting and shared dispositive power over these shares and is signed by an authorized person for Wellington Alternative Investments LLC on 04/24/2026.
LendingClub Corporation reported that Bay Pond Partners, L.P. beneficially owns 5,866,912 shares of common stock, representing 5.09% of the class. The filing states Bay Pond holds shared voting and dispositive power over those 5,866,912 shares. The filing is signed by an authorized person on 04/24/2026.
LendingClub Corporation is asking stockholders to vote at its June 2, 2026 virtual annual meeting on five items, including electing three Class III directors, an advisory vote on executive pay, auditor ratification, and two charter amendments to declassify the board and remove supermajority voting requirements.
The proxy highlights strong 2025 execution: loan originations grew from $7.2 billion to $9.6 billion, total assets reached $11.6 billion, earnings per share more than doubled, and the company reports a double‑digit return on tangible common equity alongside credit performance it describes as better than competitors.
LendingClub emphasizes stockholder feedback, especially on equity dilution. It committed to cut annual equity utilization below 4% by the end of 2027 and shows adjusted utilization declining from 3.2% in 2021 to 0.8% in 2025, aided by shifting part of long‑term pay into multi‑year cash awards and authorizing up to $100 million of share repurchases through December 31, 2026.
Dimensional Fund Advisors reports beneficial ownership of 5,760,141 shares of LendingClub Corp common stock, representing 5.0% of the class. The filing states Dimensional acts as investment adviser to multiple funds that own these shares and disclaims beneficial ownership of the securities, which are held by the Funds.
The schedule lists 5,665,723 shares as sole voting power and 5,760,141 as sole dispositive power; transactions or voting arrangements beyond these holdings are not described in the excerpt.
LendingClub Corporation is soliciting votes for its 2026 Annual Meeting to be held June 2, 2026 (record date: April 9, 2026) via webcast. Management seeks approval of five proposals: election of three Class III directors; an advisory vote on executive compensation; ratification of Deloitte & Touche LLP; amendment to phase out the classified board; and removal of supermajority voting requirements.
Proxy materials highlight 2025 operating results: originations grew 33% to $9.6B, total assets increased to $11.6B, the company reports over $100B of lifetime originations, and a reported increase in net income to $135. Compensation and governance initiatives emphasize materially reduced equity dilution, a target utilization rate below 4% by end of 2027, use of cash awards to lower equity usage, and an open-market repurchase program of up to $100M through December 31, 2026.
The Vanguard Group filed Amendment No. 11 to a Schedule 13G/A reporting 0 shares and a 0% beneficial ownership stake in LendingClub Corp. The filing explains an internal realignment effective January 12, 2026 under SEC Release No. 34-39538, after which certain Vanguard subsidiaries report holdings separately. The amendment is signed by Ashley Grim on 03/27/2026.