Short answer
LendingClub Corp (LC) filed an 8-K current report with the SEC on April 27, 2026 reporting Item 2.02 (Results of Operations and Financial Condition), Item EX-99.1 (Exhibit EX-99.1). Q1 2026 results covered quarter ended March 31, 2026.
LendingClub Corp 8-K event analysis
AI summary of each reported item and its exhibits
Item 2.02 · Results of Operations and Financial Condition
- Q1 2026 results covered quarter ended March 31, 2026
- Earnings Press Release issued April 27, 2026
- Detailed financial results and management commentary in Exhibit 99.1
Item EX-99.1 · Exhibit EX-99.1
- Q1 revenue rose 16% to $252.3M and net income 342% to $51.6M, producing diluted EPS of $0.44 versus $0.10
- Originations increased 31% to $2.7B, supporting management’s Q2 outlook of $3.0B–$3.1B and full-year outlook of $11.6B–$12.6B
- Net interest margin expanded to 6.28% from 5.97%, while deposits grew 14% to $10.2B and 88% remained FDIC-insured
- Credit performance improved materially, with net charge-offs down 44% to $42.5M and delinquencies over 40% below competitors
- Fair-value accounting eliminated the new-origination CECL provision, while Happen Bank rebranding and $500B home-improvement lending create strategic execution catalysts
Generated from the filing text and exhibits; verify against the original. What 8-K item codes mean
Other LendingClub Corp 8-K filings
Get the next LC 8-K as it lands
Follow LC for push alerts, or ask the research agent what this filing means.