---
schema_version: "secwatch.filing_event.v1"
accession: "0001409970-22-000039"
form_type: "8-K"
ticker: "LC"
cik: "0001409970"
company_name: "LendingClub Corp"
filed_at: "2022-07-27T23:59:59+00:00"
generated_at: "2026-06-24T08:05:04.911970+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# LendingClub Q2 record revenue $330M; adjusted net income $46.8M up 399% YoY

## Summary
- Total revenue $330.1M (+61% YoY); net interest income $116.2M (+153% YoY).
- Reported net income $182.1M includes $132M income tax benefit from valuation allowance release.
- Adjusted net income (excl. tax benefit) $46.8M, up 399% YoY; adjusted diluted EPS $0.45.
- Deposits $4.5B (+78% YoY); total loans held for investment (ex-PPP) grew 106% YoY.
- Efficiency ratio improved to 63% from 78% a year ago; credit quality remains strong.

## SEC filing metadata
- accession: 0001409970-22-000039
- form_type: 8-K
- ticker: LC
- cik: 0001409970
- company_name: LendingClub Corp
- filed_at: 2022-07-27T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1409970/000140997022000039/0001409970-22-000039-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1409970/000140997022000039/lc-20220727.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001409970-22-000039
- JSON: https://secwatch.observer/filing/0001409970-22-000039.json
- Plain text: https://secwatch.observer/filing/0001409970-22-000039.txt

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