{"schema_version":"secwatch.filing_event.v1","accession":"0001409970-24-000021","form_type":"8-K","ticker":"LC","cik":"0001409970","company_name":"LendingClub Corp","filed_at":"2024-04-30T23:59:59+00:00","discovered_at":"2026-05-14T18:03:18.296677+00:00","generated_at":"2026-06-03T04:15:57.038828+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 Q1 2024 net income $12.3M, diluted EPS $0.11; originations $1.6B","bullets":["Loan originations of $1.6B, comparable to prior quarter; net revenue $180.7M (down from $245.7M YoY).","Net income increased 21% sequentially to $12.3M; diluted EPS $0.11 vs $0.09 prior quarter.","Provision for credit losses $31.9M, down 24% from $41.9M; pre-provision net revenue $48.5M.","Total assets $9.2B, deposits $7.5B; FDIC-insured deposits ~87% of total deposits.","Book value per share $11.40, tangible book value $10.61; Tier 1 leverage ratio 12.5%."],"urls":{"canonical":"https://secwatch.observer/filing/0001409970-24-000021","json":"https://secwatch.observer/filing/0001409970-24-000021.json","markdown":"https://secwatch.observer/filing/0001409970-24-000021.md","text":"https://secwatch.observer/filing/0001409970-24-000021.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1409970/000140997024000021/0001409970-24-000021-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1409970/000140997024000021/lc-20240430.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T04:15:57.038828+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":"63a515005e93517352269742d4cfb49798fdd920","claim":"LendingClub Corp reported the first quarter ended March 31, 2024 results: revenue $ 180.7, net income $ 12.3, EPS $ 0.11.","evidence_excerpt":"Three Months Ended ($ in millions, except per share amounts) March 31, 2024 December 31, 2023 March 31, 2023 Total net revenue $ 180.7 $ 185.6 $ 245.7 Non-interest expense 132.2 130.0 157.3 Pre-provision net revenue (1) 48.5 55.6 88.4 Provision for credit losses 31.9 41.9 70.6 Income before income tax expense 16.5 13.7 17.8 Income tax expense (4.3) (3.5) (4.1) Net income $ 12.3 $ 10.2 $ 13.7 Diluted EPS $ 0.11 $ 0.09 $ 0.13","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1409970/000140997024000021/0001409970-24-000021-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the first quarter ended March 31, 2024"},{"label":"Revenue","value":"$ 180.7"},{"label":"Net income","value":"$ 12.3"},{"label":"EPS","value":"$ 0.11"},{"label":"Result","value":"reported results"}]}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}