{"schema_version":"secwatch.filing_event.v1","accession":"0001409970-23-000048","form_type":"8-K","ticker":"LC","cik":"0001409970","company_name":"LendingClub Corp","filed_at":"2023-07-26T23:59:59+00:00","discovered_at":"2026-05-14T18:03:33.826809+00:00","generated_at":"2026-06-13T02:16:24.712822+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"LendingClub Q2 2023 net income $10.1M (EPS $0.09), revenue $232.5M, down QoQ","bullets":["Net income $10.1M, diluted EPS $0.09, vs $13.7M ($0.13) prior quarter and $46.8M ($0.45) excluding tax benefit YoY.","Total net revenue $232.5M, down from $245.7M QoQ and $330.1M YoY.","Loan originations $2.0B vs $2.3B prior quarter; marketplace revenue $82.8M vs $95.6M.","Deposits $6.8B; consolidated Tier 1 leverage ratio 12.4%; book value per share $11.09.","Efficiency ratio 65.0% vs 64.0% prior quarter; provision for credit losses $66.6M."],"urls":{"canonical":"https://secwatch.observer/filing/0001409970-23-000048","json":"https://secwatch.observer/filing/0001409970-23-000048.json","markdown":"https://secwatch.observer/filing/0001409970-23-000048.md","text":"https://secwatch.observer/filing/0001409970-23-000048.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1409970/000140997023000048/0001409970-23-000048-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1409970/000140997023000048/lc-20230726.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-13T02:16:24.712822+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"eb9565ec282db62a3362e96e62e5964a0b8d2182","claim":"LendingClub Corp reported the second quarter ended June 30, 2023 results: revenue $232.5 million, net income $10.1 million, EPS $0.09.","evidence_excerpt":"• Loan originations of $2.0 billion compared to $2.3 billion in the prior quarter with sold loan volume up modestly, offset by reduced loan retention. • Total net revenue of $232.5 million compared to $245.7 million in the prior quarter, driven by lower marketplace revenue. ◦ Net interest income of $146.7 million remained flat from the prior quarter as higher","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1409970/000140997023000048/0001409970-23-000048-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the second quarter ended June 30, 2023"},{"label":"Revenue","value":"$232.5 million"},{"label":"Net income","value":"$10.1 million"},{"label":"EPS","value":"$0.09"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}