Second Quarter 2023 Results Disclaimer Some of the statements in this presentation, including statements regarding our competitive advantages, macroeconomic and business outlook, loan and financial performance, 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 statements contain these identifying w ...

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, 2023 Commission File Number: 001-36771 | --- | --- | |-------------------------------------------------------------------------------------------|--------------------------------------| | LendingClub Corporation (Exact name of registrant as specified in its charter) \nDelaware | 51-0605731 | | (Stat ...

LendingClub Corporation (NYSE:LC) Q1 2023 Results Conference Call April 26, 2023 5:00 PM ET Company Participants Artem Nalivayko - VP, Finance Scott Sanborn - CEO Drew LaBenne - CFO Conference Call Participants Bill Ryan - Seaport Research Partners David Chiaverini - Wedbush Securities Reggie Smith - JP Morgan Giuliano Bologna - Compass Point Tim Switzer - KBW Operator Good afternoon, everyone. Thank you for attending today’s LendingClub’s First Quarter 2023 Earnings Call. My name is Sierra and I will be yo ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES AND EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2022 Commission File Number: 001-36771 LendingClub Corporation (Exact name of registrant as specified in its charter) Delaware 51-0605731 (State or other jurisdiction of incorporation or organization) (I.R.S ...

Fourth Quarter and Full Year 2022 Results 2022 Results & Financial Metrics Disclaimer Some of the statements below, including statements regarding our competitive advantages, macroeconomic outlook and futurebusiness, loan and financial performance, 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 ...

LendingClub Corporation (NYSE:LC) Q4 2022 Earnings Conference Call January 25, 2023 5:00 PM ET Company Participants Sameer Gulati - Chief Operations Officer Scott Sanborn - Chief Executive Officer Drew LaBenne - Chief Financial Officer Conference Call Participants Bill Ryan - Seaport Research David Chiaverini - Wedbush Securities Giuliano Bologna - Compass Point John Rowan - Janney Montgomery Michael Perito - KBW Operator Good afternoon. Thank you for attending today's LendingClub Fourth Quarter 2022 Earnin ...

Financial Performance Highlights - LendingClub's net revenue reached $304.9 million, a 24% year-over-year increase, driven by an 89% increase in net interest income[10] - The company reported GAAP net income of $43.2 million, up 59% year-over-year, which includes a $7.2 million income tax benefit[10] - Diluted earnings per share (EPS) increased by 58% year-over-year to $0.41[13] - Net interest income was $123.7 million, fueled by a 76% growth in the average Held for Investment (HFI) loan portfolio[11] - The average HFI loan portfolio reached $4.4 billion, an increase of $1.9 billion year-over-year[13] Balance Sheet and Margins - LendingClub maintained a strong net interest margin of 8.3%, up from 6.3% in the previous year[11] - The book value per common share increased to $10.67, compared to $8.07 a year ago, while the tangible book value per common share rose to $9.78, up from $7.08[15] Operational Efficiency - The company's efficiency ratio improved, with non-interest expenses accounting for 61.1% of net revenue[36] Guidance - LendingClub anticipates fourth-quarter revenue between $255 million and $265 million and net income between $15 million and $25 million[43] - The full-year outlook projects revenue between $1.18 billion and $1.19 billion and net income between $280 million and $290 million[43]

LendingClub Corporation (NYSE:LC) Q3 2022 Earnings Conference Call October 26, 2022 5:00 PM ET Company Participants Sameer Gokhale - Head, Investor Relations Scott Sanborn - Chief Executive Officer Drew LaBenne - Chief Financial Officer Conference Call Participants David Chiaverini - Wedbush Bill Ryan - Seaport Research Partners Giuliano Bologna - Compass Point Michael Perito - KBW Vincent Caintic - Stephens Operator Thank you for the joining. I would like to welcome you all to the LendingClub Third Quarter ...