LC
LendingClub Corporation
Price as of Jul 14, 2026
LC earnings
LendingClub Corporation earnings
Reported EPS and revenue history, upcoming estimates and available earnings-call summaries.
| Report date | EPS est | EPS actual | Surprise | Revenue | Rev. surprise |
|---|---|---|---|---|---|
| Apr 27, 2026 | $0.38 | $0.44 | +15.8% | $252M | +1.3% |
| Jan 28, 2026 | $0.34 | $0.35 | +2.9% | $354M | +42.1% |
| Oct 22, 2025 | $0.30 | $0.37 | +21.9% | $350M | +36.4% |
| Jul 29, 2025 | $0.15 | $0.33 | +120.0% | $331M | +27.9% |
| Jan 28, 2025 | $0.09 | $0.11 | +22.2% | $217M | +5.2% |
| Oct 23, 2024 | $0.07 | $0.13 | +85.7% | $62M | -70.0% |
| Apr 30, 2024 | $0.03 | $0.11 | +244.9% | $310M | +78.2% |
| Jan 30, 2024 | $0.01 | $0.09 | +508.1% | $316M | +73.5% |
| Oct 25, 2023 | $0.04 | $0.05 | +35.5% | $198M | +0.3% |
| Jul 26, 2023 | $0.04 | $0.09 | +113.2% | $230M | +1.2% |
| Jan 25, 2023 | $0.20 | $0.19 | -5.0% | $258M | -0.2% |
| Oct 26, 2022 | $0.33 | $0.36 | +9.1% | $300M | +1.9% |
Earnings call summary
Q1 FY2026 · April 27, 2026
AI summary of management’s prepared remarks and analyst Q&A. For informational purposes only — not investment advice.
Management highlights
- 2026 started well with 31% year - on - year growth in originations, record pre - tax earnings and return on tangible common equity. - Expanding into new home improvement vertical, leveraging AI for efficiency and customer experience improvement. - Introducing rebrand to Happen Bank, centered around 'the motivated middle' customers. - Major purchase finance delivered third consecutive quarter of record issuance. - Home improvement loans started underwriting and issuing through partnership with wisetac. - Lending and banking products work together to deliver value to members. - Over 90% of loan issuance is fully automated, reducing time to submit debt consolidation application by nearly 60% and achieving record low production cost per issued personal loan.
Guidance
- Maintained full - year guidance with originations expected to be $11.6 to $12.6 billion and diluted EPS $1.65 to $1.80. - Q2 2026 expected loan originations $3.0 to $3.1 billion, representing 23% to 27% year - over - year growth. - Q2 2026 expected diluted earnings per share $0.40 to $0.45. - Assumption of no Fed cuts for remainder of the year which is a headwind to revenue but offset by solid unit economics.
Segment performance
In Q1 2026, Lending Club delivered 31% year - on - year growth in originations to $2.7 billion. Record pre - tax earnings were $67 million and return on tangible common equity was 14.5%. Interest income increased 18% to $176 million, an all - time high. Non - interest income was $76 million, up 12% year over year but down sequentially due to the move to fair value option. Net interest margin expanded to 6.3%, up 30 basis points over the prior quarter. Provision for credit losses was less than $1 million. Total assets grew to $11.9 billion, and deposits ended the quarter at $10.2 billion, up 14% year over year.
Risks & headwinds
- Broader environment uncertainty. - Impact of interest rate changes on revenue and fair value adjustments. - Uncertainty around new capital rules and their potential impact on capital levels.
Analyst Q&A
Q: When do you plan to get back to your historical peak originations levels?
A: Expect to get beyond historical peak, with medium - term target of 20 billion in annual originations as laid out in Investor Day materials.
Q: Any additional insights beyond home improvement in product roadmap?
A: Live in home improvement, still work to be done on product front there, and mortgage and HELOC could be next logical steps after home improvement is up and running.
Q: Any appetite for acquisitions this year or next?
A: Always looking to accelerate roadmap, staying disciplined on price, and transactions like Mosaic, Cushion AI, Tally have been executed in the past
Earnings history is derived from company filings and calendar data. Call summaries are grouped by reporting period. Latest covered event: 2026-04-27.