LendingClub (LC) Q3 2025

Q1 2026 Q4 2025 Q3 2025 Q2 2025

Earnings

LendingClub posted a standout third quarter for fiscal 2025, delivering earnings per share of $0.37 against a consensus estimate of $0.31, a beat of 20.88%, while revenue of $266.23 million topped the $256.01 million estimate by roughly 4%, even as t… Read more LendingClub posted a standout third quarter for fiscal 2025, delivering earnings per share of $0.37 against a consensus estimate of $0.31, a beat of 20.88%, while revenue of $266.23 million topped the $256.01 million estimate by roughly 4%, even as total revenue declined 11.8% year over year. The headline driver behind the strong bottom line was a sharp improvement in credit quality, with net charge-offs on the held-for-investment portfolio falling to $31.12 million from $55.80 million a year ago, while net interest margin expanded to 6.18% from 5.63% on the back of lower deposit funding costs. Marketplace originations climbed 44% year over year to $2.03 billion, reinforcing the company's capital-light strategy, and a newly announced partnership with BlackRock to deploy up to $1 billion through LendingClub's marketplace programs through 2026 added further investor confidence, sending shares up more than 6% in after-hours trading. Looking ahead, management guided Q4 loan originations of $2.50 billion to $2.60 billion and ROTCE of 10% to 11.5%, implying some seasonal moderation from the third quarter's strong pace.