LendingClub Corp
For the period ended Dec 31, 2025. Filed Feb 12, 2026.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2025 · Filed Feb 12, 2026
HAPN$15.67-3.4%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Income
(In Thousands, Except Share and Per Share Amounts)
| Year Ended December 31, | 2025 | 2024 | 2023 |
|---|---|---|---|
| Non-interest income: | |||
| Marketplace revenue | $355,944 | $242,791 | $291,484 |
| Other non-interest income | 17,232 | 10,179 | 11,297 |
| Total non-interest income | 373,176 | 252,970 | 302,781 |
| Interest income: | |||
| Interest on loans held for sale | 142,937 | 92,442 | 35,655 |
| Interest and fees on loans and leases held for investment | 490,071 | 494,214 | 616,735 |
| Interest on loans held for investment at fair value | 72,782 | 77,034 | 74,088 |
| Interest on securities available for sale | 223,820 | 187,961 | 40,235 |
| Other interest income | 31,933 | 56,307 | 65,917 |
| Total interest income | 961,543 | 907,958 | 832,630 |
| Interest expense: | |||
| Interest on deposits | 335,724 | 369,219 | 265,556 |
| Other interest expense | 147 | 4,698 | 5,236 |
| Total interest expense | 335,871 | 373,917 | 270,792 |
| Net interest income | 625,672 | 534,041 | 561,838 |
| Total net revenue | 998,848 | 787,011 | 864,619 |
| Provision for credit losses | 191,320 | 178,267 | 243,565 |
| Non-interest expense: | |||
| Compensation and benefits | 241,846 | 232,158 | 261,948 |
| Marketing | 149,211 | 100,402 | 93,840 |
| Equipment and software | 57,014 | 51,194 | 53,485 |
| Depreciation and amortization | 62,889 | 58,834 | 47,195 |
| Professional services | 42,339 | 32,045 | 35,173 |
| Occupancy | 19,834 | 15,798 | 17,532 |
| Other non-interest expense | 57,449 | 53,247 | 57,264 |
| Total non-interest expense | 630,582 | 543,678 | 566,437 |
| Income before income tax expense | 176,946 | 65,066 | 54,617 |
| Income tax expense | (41,269) | (13,736) | (15,678) |
| Net income | $135,677 | $51,330 | $38,939 |
| Earnings per share: | |||
| Basic EPS | $1.18 | $0.46 | $0.36 |
| Diluted EPS | $1.16 | $0.45 | $0.36 |
| Weighted-average common shares – Basic | 114,605,220 | 111,731,523 | 108,466,179 |
| Weighted-average common shares – Diluted | 117,233,815 | 113,122,859 | 108,468,857 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.