---
schema_version: "secwatch.filing_event.v1"
accession: "0001409970-22-000019"
form_type: "8-K"
ticker: "LC"
cik: "0001409970"
company_name: "LendingClub Corp"
filed_at: "2022-04-27T23:59:59+00:00"
generated_at: "2026-06-26T04:01:49.243970+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# LendingClub Q1 revenue $289.5M (+174% YoY); net income $40.8M, raises FY 2022 outlook

## Summary
- Revenue of $289.5M doubled YoY; net income $40.8M vs. loss of $47.1M in Q1 2021.
- Diluted EPS $0.39 vs. loss of $0.49 a year ago; pre-tax pre-provision income $98.3M.
- Deposits grew to $4.0B (+27% from Dec 2021); net interest margin expanded to 8.6%.
- FY 2022 revenue guidance raised to $1.15B-$1.25B; net income guided $145M-$165M.
- CEO Scott Sanborn cited 4M+ members and differentiated marketplace bank model.

## SEC filing metadata
- accession: 0001409970-22-000019
- form_type: 8-K
- ticker: LC
- cik: 0001409970
- company_name: LendingClub Corp
- filed_at: 2022-04-27T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1409970/000140997022000019/0001409970-22-000019-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1409970/000140997022000019/lc-20220427.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001409970-22-000019
- JSON: https://secwatch.observer/filing/0001409970-22-000019.json
- Plain text: https://secwatch.observer/filing/0001409970-22-000019.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.