---
schema_version: "secwatch.filing_event.v1"
accession: "0001409970-24-000036"
form_type: "8-K"
ticker: "LC"
cik: "0001409970"
company_name: "LendingClub Corp"
filed_at: "2024-07-30T23:59:59+00:00"
generated_at: "2026-05-31T15:11:11.826341+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# LendingClub Q2 2024: Net income $14.9M, EPS $0.13; originations up 10% sequentially to $1.8B

## Summary
- Net income $14.9M ($0.13 diluted EPS), up from $12.3M ($0.11) in Q1 2024; total net revenue $187.2M.
- Loan originations $1.8B, up 10% sequentially from $1.6B, driven by new consumer loan initiatives and marketplace demand.
- Net interest margin stable at 5.75%; net interest income $128.5M. Deposits grew to $8.1B from $7.5B.
- Pre-provision net revenue (PPNR) improved to $55.0M from $48.5M in Q1 2024.
- Book value per share $11.52; tangible book value $10.75, both up sequentially.

## SEC filing metadata
- accession: 0001409970-24-000036
- form_type: 8-K
- ticker: LC
- cik: 0001409970
- company_name: LendingClub Corp
- filed_at: 2024-07-30T23:59:59+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/1409970/000140997024000036/0001409970-24-000036-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1409970/000140997024000036/lc-20240730.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001409970-24-000036
- JSON: https://secwatch.observer/filing/0001409970-24-000036.json
- Plain text: https://secwatch.observer/filing/0001409970-24-000036.txt

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