LendingClub Corp (LC) FY2025 10-K Annual Report

Filed: Feb 12, 2026
Financials
Personal Credit InstitutionsSEC EDGAR

LendingClub Corp (LC) 10-K annual report for fiscal year 2025, filed with SEC EDGAR on Feb 12, 2026. This page provides AI-powered analysis including business overview, management discussion & analysis (MD&A), risk factors, and key financial data such as revenue, net income, gross margin, operating margin, and return on equity (ROE) extracted from XBRL.

LendingClub Corp FY2025 10-K Analysis

Business Overview

  • Core business model: Online lending platform connecting borrowers and investors
  • New Repurchase and Acquisition Program approved Nov 2025 to buy up to $100 million shares through Dec 2026
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Management Discussion & Analysis

  • Total revenue $998.8M in 2025, up 27% YoY from $787.0M in 2024, driven by marketplace revenue increasing 47% to $355.9M
  • Net income $135.7M in 2025, up 164% YoY from $51.3M in 2024; operating margin improved with net revenue margin approx. 62.7% vs 52.5%
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Risk Factors

  • Basel III capital ratios minimum: CET1 4.5%, Tier 1 6.0%, total risk-based 8.0%, leverage 4.0%, plus 2.5% capital conservation buffer
  • Regulatory risk from OCC and FRB as LC Bank is a nationally chartered bank subject to bank holding company supervision
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LendingClub Corp FY2025 Key Financial Metrics
XBRL

Revenue

$999M

+26.9% YoY

Net Income

$136M

+164.3% YoY

Net Margin

13.6%

+706bp YoY

ROE

9.0%

+522bp YoY

Total Assets

$11.6B

+8.8% YoY

EPS (Diluted)

$1.16

+157.8% YoY

Operating Cash Flow

-$2.7B

-3.5% YoY

Source: XBRL data from LendingClub Corp FY2025 10-K filing on SEC EDGAR. All figures in USD.

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