other
confidence high
sentiment neutral
materiality 0.15
LendingClub furnishes reclassified historical financials under bank holding company rules
LendingClub Corp
- Balance sheets and income statements for 2019-2020 recast to conform with Article 9 of Reg S-X.
- No change to previously reported net loss or cash flows; reclassification only affects line-item presentation.
- Follows completion of the Radius Bancorp acquisition on Feb. 1, 2021, which made LendingClub a bank holding company.
- Financials are furnished, not filed, and are not incorporated by reference into other SEC filings.