{"schema_version":"secwatch.filing_event.v1","accession":"0001409970-24-000003","form_type":"8-K","ticker":"LC","cik":"0001409970","company_name":"LendingClub Corp","filed_at":"2024-01-30T23:59:59+00:00","discovered_at":"2026-05-14T18:03:24.099172+00:00","generated_at":"2026-06-06T14:51:44.783909+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"LendingClub Q4 net income $10.2M, revenue $185.6M; marketplace originations up 21% QoQ","bullets":["Q4 net income $10.2M ($0.09 diluted EPS); revenue $185.6M, down 29% YoY from $262.7M.","Marketplace originations $1.4B, up 21% QoQ; total loan originations $1.6B.","Capital ratios strong: Tier 1 leverage 12.9%, CET1 17.9%; tangible book value $10.54.","Provision for credit losses $41.9M, down from $64.5M prior quarter on lower retained loan volumes.","Full-year net income $38.9M vs $289.7M in 2022; adjusted net income ex tax benefit $38.9M vs $146.2M."],"urls":{"canonical":"https://secwatch.observer/filing/0001409970-24-000003","json":"https://secwatch.observer/filing/0001409970-24-000003.json","markdown":"https://secwatch.observer/filing/0001409970-24-000003.md","text":"https://secwatch.observer/filing/0001409970-24-000003.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1409970/000140997024000003/0001409970-24-000003-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1409970/000140997024000003/lc-20240130.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T14:51:44.783909+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":"6d2db5c54fbfabf73e86635661839a5da2cccbad","claim":"LendingClub Corp reported fourth quarter and full year ended December 31, 2023 results: revenue Total net revenue of $185.6 million compared to $200.8 million in the prior quarter, net income Net income of $10.2 million, EPS diluted EPS of $0.09.","evidence_excerpt":"the prior quarter as a result of increased purchases by loan investors; Marketplace originations of $1.4 billion grew 21% compared to the prior quarter. • Total net revenue of $185.6 million compared to $200.8 million in the prior quarter driven by: ◦ Marketplace revenue of $52.2 million compared to $60.9 million in the prior quarter, primarily reflecting a $10.4","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1409970/000140997024000003/0001409970-24-000003-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fourth quarter and full year ended December 31, 2023"},{"label":"Revenue","value":"Total net revenue of $185.6 million compared to $200.8 million in the prior quarter"},{"label":"Net income","value":"Net income of $10.2 million"},{"label":"EPS","value":"diluted EPS of $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"}