Happen Q2 2026: record pre-tax income $75.7M, EPS $0.50 (+52% YoY), originations +29% to $3.1B

LendingClub Corp

Record pre-tax income $75.7M, net income $58.1M, diluted EPS $0.50 (up 52% YoY).
Total net revenue $262.9M (+6% YoY); originations $3.1B (+29% YoY).
Provision benefit $10.9M vs expense $39.7M prior year; net charge-offs improved to $40.6M.
Rebranded to Happen Bank, moved listing to Nasdaq:HAPN; entered home improvement market.
Executed $12M of $100M buyback in Q2; cumulative $50M.

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