LendingClub Reports Q4 Results, Revenue, Originations Rise, Shares Sink

Digital bank LendingClub (NYSE:LC) reported Q4 and full-year results yesterday, but the solid results were not sufficient to inspire investors as shares cratered following the results.LendingClub reported that net revenue increased 23% to $266.5 million, compared with $217.2 million in the prior year, driven by higher marketplace sales and loan sale pricing, strong credit performance, and a higher net interest margin on a larger balance sheet.Net income and diluted EPS grew more than 4X to $41.6 million and ...