---
schema_version: "secwatch.filing_event.v1"
accession: "0001409970-25-000015"
form_type: "8-K"
ticker: "LC"
cik: "0001409970"
company_name: "LendingClub Corp"
filed_at: "2025-04-29T23:59:59+00:00"
generated_at: "2026-05-23T03:39:41.370756+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001409970-25-000015
- form_type: 8-K
- ticker: LC
- cik: 0001409970
- company_name: LendingClub Corp
- filed_at: 2025-04-29T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1409970/000140997025000015/0001409970-25-000015-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1409970/000140997025000015/lc-20250429.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001409970-25-000015
- JSON: https://secwatch.observer/filing/0001409970-25-000015.json
- Plain text: https://secwatch.observer/filing/0001409970-25-000015.txt

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