---
schema_version: "secwatch.filing_event.v1"
accession: "0001409970-23-000009"
form_type: "8-K"
ticker: "LC"
cik: "0001409970"
company_name: "LendingClub Corp"
filed_at: "2023-01-25T23:59:59+00:00"
generated_at: "2026-06-20T09:21:33.806705+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# LendingClub Q4 net income $23.6M; FY22 revenue $1.2B, up 45% YoY

## Summary
- FY2022 total net revenue $1.2B (+45% YoY); net income $289.7M vs $18.6M in 2021.
- Q4 net revenue $262.7M (comparable to prior year); net interest income up 63% to $135.2M.
- Loan originations Q4 $2.5B (down from $3.1B); acquired $1.05B loan portfolio in Q4.
- Book value per share $10.93 (+30% YoY); Tier 1 leverage ratio 14.1%.
- Implemented cost reduction plan for 2023; efficiency ratio improved to 69% from 72%.

## SEC filing metadata
- accession: 0001409970-23-000009
- form_type: 8-K
- ticker: LC
- cik: 0001409970
- company_name: LendingClub Corp
- filed_at: 2023-01-25T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1409970/000140997023000009/0001409970-23-000009-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1409970/000140997023000009/lc-20230125.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001409970-23-000009
- JSON: https://secwatch.observer/filing/0001409970-23-000009.json
- Plain text: https://secwatch.observer/filing/0001409970-23-000009.txt

## Key facts
- Earnings Releases
  LendingClub Corp reported financial results for the fourth quarter and full year ended December 31, 2022.
  - Period: the fourth quarter and full year ended December 31, 2022
  - Result: reported results
  source text: On January 25, 2023, LendingClub Corporation (“LendingClub”) issued a press release (the “Earnings Press Release”) regarding its financial results for the fourth quarter and full year ended December 31, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1409970/000140997023000009/0001409970-23-000009-index.htm

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