LendingClub: Lowering 2026 Estimates And Reiterating Buy

LendingClub (NYSE: LC ) reported its fourth quarter earnings on Jan. 28, delivering $0.08 of diluted EPS on total revenue of nearly $154 mil. Revenue beat consensus, while EPS missed by a penny, although the results included a $3.2 mil. post-tax impairment charge associated with internally developed softwareWriting about banks, fintech, mutual banks, and other financials and sectors occasionally. Interested in the growing intersection between banks and fintech companies. Have now covered banking for five ye ...