Short answer
LendingClub Corp (LC) filed its Q1 2026 10-Q quarterly report on Apr 30, 2026 for the quarter ended Mar 31, 2026. Quarterly revenue was $252M (up 15.9% year over year) with net income of $52M.
Q1 2026 key financials · XBRL
- Revenue
- $252M
- +15.9% YoY
- Net income
- $52M
- +342.1% YoY
- EPS (diluted)
- $0.44
- +340.0% YoY
Source: XBRL data from the LendingClub Corp (LC) Q1 2026 10-Q on SEC EDGAR. USD.
LendingClub Corp Q1 2026 10-Q analysis
AI summary of MD&A and risk factor updates
Management Discussion & Analysis
- Revenue $252.3M, up 16% YoY from $217.7M
- Profit margin 26.7% vs 7.2% YoY; net income $51.6M vs $11.7M
- Best line origination fees $130.1M, up 86% YoY; net fair value adjustments worst at $(88.9)M vs $(29.3)M
- Loan originations $2.67B, up 31% YoY; loans held for investment $952M vs $717M
- Deposits $10.19B vs $8.91B YoY; management cited higher fair value marks as a headwind under the new accounting election
Risk Factors
- Inflation and macroeconomic uncertainty intensified, with the 2026 Iran conflict affecting U.S. inflation despite no Iran operations or customers
- No material changes to regulatory, legal, or compliance risks disclosed in the provided excerpt
- Repurchase authorization reduced to $61.6 million remaining after $38.4 million utilized through March 31, 2026
- Executive Rule 10b5-1 plans allow sales of up to 210,417 CEO shares and 43,929 CFO shares through February 2027
Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K
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