LendingClub Q1 revenue up 20% to $217.7M, originations +21% to $2.0B

LendingClub Corp

2025-Q1 EPS reported $0.10

Net income $11.7M ($0.10 diluted EPS) vs $12.3M ($0.11 EPS) YoY.
Pre-provision net revenue jumped 52% to $73.8M from $48.5M YoY.
Crossed $100B in lifetime originations; net charge-off rate improved to 4.7% from 8.1% YoY.
Deposits $8.9B (+18% YoY); total assets $10.5B (+13% YoY).
Acquired AI spending intelligence platform Cushion and closed $100M Structured Certificates deal.

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