secwatch.observer — SEC 8-K summary
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Issuer:     LendingClub Corp (LC)
CIK:        0001409970
Form:       8-K
Filed at:   2025-07-29T23:59:59+00:00
Accession:  0001409970-25-000026
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

LendingClub Q2 net income $38.2M, up 156% YoY; originations +32%, revenue +33%
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- Net income $38.2M ($0.33 diluted EPS) vs $14.9M ($0.13) a year ago.
- Total net revenue $248.4M (+33% YoY); originations $2.4B (+32%).
- ROE 11.1%, ROTCE 11.8%; book value per share $12.25, tangible $11.53.
- Extended Blue Owl funding partnership up to $3.4B over two years; closed first BlackRock transaction.
- Launched LevelUp Checking account offering cash back on on-time loan payments.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1409970/000140997025000026/0001409970-25-000026-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1409970/000140997025000026/lc-20250729.htm
  HTML page:      https://secwatch.observer/filing/0001409970-25-000026

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer