secwatch.observer — SEC 8-K summary
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Issuer:     LendingClub Corp (LC)
CIK:        0001409970
Form:       8-K
Filed at:   2026-07-27T20:12:52+00:00
Accession:  0001409970-26-000159
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1409970/000140997026000159/0001409970-26-000159-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1409970/000140997026000159/lc-20260727.htm
  HTML page:      https://secwatch.observer/filing/0001409970-26-000159

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