LendingClub (LC) Financials

$15.76 +0.36 (+2.34%)

Closing price 10/8/2025 03:59 PM Eastern

Extended Trading

$15.78 +0.02 (+0.10%)

As of 10/8/2025 07:28 PM Eastern

Annual Income Statements for LendingClub

This table shows LendingClub's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Net Income / (Loss) Attributable to Common Shareholders	-33	-5.00	-146	-154	-94	-31	-188	19	290	39	51
Consolidated Net Income / (Loss)	-33	-5.00	-146	-154	-128	-31	-433	19	290	39	51
Net Income / (Loss) Continuing Operations	-33	-5.00	-146	-154	-94	-31	-433	19	290	39	51
Total Pre-Tax Income	-32	-2.16	-150	-153	-128	-31	-433	18	153	55	65
Total Revenue	211	430	501	575	729	759	73	819	1,187	865	787
Net Interest Income / (Expense)	-2.16	3.25	5.35	9.02	1.17	98	59	213	475	562	534
Total Interest Income	354	553	694	580	487	345	0.00	293	557	833	908
Loans and Leases Interest Income	-	-	-	-	-	325	197	281	523	726	664
Investment Securities Interest Income	354	553	697	611	487	14	12	11	16	40	188
Other Interest Income	-	0.01	-2.95	-31	-	6.00	1.05	1.17	19	66	56
Total Interest Expense	357	550	688	571	386	247	150	80	83	271	374
Deposits Interest Expense	-	-	-	-	-	0.00	0.00	7.23	60	266	369
Other Interest Expense	-	-	-	-	-	-	-	15	22	5.24	4.70
Total Non-Interest Income	213	427	495	566	627	661	0.00	606	712	303	253
Other Service Charges	213	422	513	542	648	14	13	27	29	11	10
Investment Banking Income	-	-	-	-	-	647	0.00	579	684	291	243
Provision for Credit Losses	0.12	-	-	-	-	0.00	3.38	139	267	244	178
Total Non-Interest Expense	243	432	651	728	823	789	502	661	767	566	544
Salaries and Employee Benefits	-	-	-	-	-	334	253	288	339	262	232
Net Occupancy & Equipment Expense	-	-	-	-	-	54	55	64	71	71	67
Marketing Expense	124	249	332	372	424	235	52	156	198	94	100
Other Operating Expenses	118	184	282	356	364	107	90	109	115	92	85
Depreciation Expense	-	-	-	-	-	59	54	44	44	47	59
Income Tax Expense	1.39	2.83	-4.23	0.63	0.04	-0.20	-0.08	-0.14	-137	16	14
Basic Earnings per Share	($0.44)	($0.01)	($0.38)	($1.88)	($1.52)	($0.35)	-	$0.38	$2.80	$0.36	$0.46
Weighted Average Basic Shares Outstanding	75.57M	374.87M	387.76M	81.80M	0.00	87.28M	0.00	98.14M	103.55M	108.47M	111.73M
Diluted Earnings per Share	($0.44)	($0.01)	($0.38)	($1.88)	($1.52)	($0.35)	-	$0.18	$2.79	$0.36	$0.45
Weighted Average Diluted Shares Outstanding	75.57M	374.87M	387.76M	81.80M	0.00	87.28M	0.00	102.15M	104.00M	108.47M	113.12M
Weighted Average Basic & Diluted Shares Outstanding	371.99M	381.43M	400.16M	417.58M	84.58M	0.00	0.00	101.04M	106.57M	110.41M	113.38M

This table shows LendingClub's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025
Period end date	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025
Net Income / (Loss) Attributable to Common Shareholders	24	14	10	5.01	10	12	15	14	9.72	12	38
Consolidated Net Income / (Loss)	24	14	10	5.01	10	12	15	14	9.72	12	38
Net Income / (Loss) Continuing Operations	24	14	10	5.01	10	12	15	14	9.72	12	38
Total Pre-Tax Income	21	18	15	8.34	14	17	19	18	11	16	54
Total Revenue	263	246	232	201	186	181	187	202	217	218	248
Net Interest Income / (Expense)	135	147	147	137	131	123	129	140	142	150	154
Total Interest Income	174	202	214	207	208	207	220	240	241	232	237
Loans and Leases Interest Income	160	185	189	181	171	156	164	175	169	166	175
Investment Securities Interest Income	3.36	3.90	5.95	9.47	21	35	43	52	57	56	55
Other Interest Income	11	14	19	17	16	17	13	12	14	9.61	7.11
Total Interest Expense	39	56	68	70	77	84	91	100	98	82	83
Deposits Interest Expense	36	53	67	70	76	84	90	97	98	82	83
Other Interest Expense	19	2.44	1.31	0.90	0.59	0.50	0.91	3.27	0.01	0.00	0.00
Total Non-Interest Income	127	99	86	64	54	58	59	62	75	68	94
Other Service Charges	4.03	3.36	3.04	2.96	1.95	1.91	2.36	3.26	2.65	2.11	4.54
Investment Banking Income	123	96	83	61	52	56	56	58	72	66	90
Provision for Credit Losses	62	71	67	64	42	32	36	48	63	58	40
Total Non-Interest Expense	180	157	151	128	130	132	132	136	143	144	155
Salaries and Employee Benefits	88	73	72	58	59	60	57	57	59	58	62
Net Occupancy & Equipment Expense	18	18	19	17	17	17	16	17	17	19	19
Marketing Expense	35	27	24	20	23	24	27	26	23	29	34
Other Operating Expenses	28	27	25	21	19	19	20	23	24	23	24
Depreciation Expense	12	12	12	11	12	13	13	13	20	14	15
Income Tax Expense	-2.44	4.14	4.69	3.33	3.53	4.28	4.52	3.55	1.39	4.02	16
Basic Earnings per Share	$0.22	$0.13	$0.09	$0.05	$0.09	$0.11	$0.13	$0.13	$0.09	$0.10	$0.33
Weighted Average Basic Shares Outstanding	103.55M	106.91M	107.89M	109.07M	108.47M	110.69M	111.40M	112.04M	111.73M	113.69M	114.41M
Diluted Earnings per Share	$0.26	$0.13	$0.09	$0.05	$0.09	$0.11	$0.13	$0.13	$0.08	$0.10	$0.33
Weighted Average Diluted Shares Outstanding	104.00M	106.92M	107.90M	109.07M	108.47M	110.69M	111.47M	113.92M	113.12M	116.18M	115.69M
Weighted Average Basic & Diluted Shares Outstanding	106.57M	107.47M	108.69M	109.65M	110.41M	111.12M	111.82M	112.40M	113.38M	114.20M	114.74M

This table details how cash moves in and out of LendingClub's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Net Change in Cash & Equivalents	820	-246	-11	-49	-0.23	-157	141	135	361	170	-317
Net Cash From Operating Activities	50	75	0.55	-573	-640	-271	418	240	376	-1,137	-2,634
Net Cash From Continuing Operating Activities	82	95	291	-573	-640	-271	418	240	376	-1,137	-2,634
Net Income / (Loss) Continuing Operations	0.00	0.00	0.00	-154	-128	-31	-188	19	290	39	51
Consolidated Net Income / (Loss)	-	-	-	-154	-128	-31	-188	19	290	39	51
Provision For Loan Losses	-	-	-	-	-	0.00	3.38	139	267	244	178
Depreciation Expense	10	22	30	46	55	62	54	44	44	47	59
Amortization Expense	-	-	-	-	-	-	0.00	-41	-86	-91	-69
Non-Cash Adjustments to Reconcile Net Income	3,500	51	238	12,872	14,149	156	209	58	-110	192	232
Changes in Operating Assets and Liabilities, net	28	22	23	233	-129	-458	339	21	-30	-1,568	-3,086
Net Cash From Investing Activities	-1,257	-2,407	-326	999	879	654	566	-454	-2,810	517	608
Net Cash From Continuing Investing Activities	-1,148	-2,407	-326	999	879	654	566	-454	-2,810	517	608
Purchase of Property, Leasehold Improvements and Equipment	21	-39	-52	45	53	-51	-31	-34	-69	-60	-54
Purchase of Investment Securities	2,156	-4,285	-2,819	1,878	1,096	-144	-46	-1,763	-2,826	478	-276
Sale and/or Maturity of Investments	1,062	1,951	2,545	2,922	2,027	849	643	675	86	98	938
Net Cash From Financing Activities	2,028	2,086	314	-474	-239	-540	-842	350	2,795	790	1,710
Net Cash From Continuing Financing Activities	1,135	2,086	314	-474	-239	-540	-842	350	2,795	790	1,710
Net Change in Deposits	-	-	-	-	-	0.00	0.00	1,127	3,257	921	1,742
Repayment of Debt	1,059	-1,828	-2,440	3,084	3,566	-4,133	-2,480	-768	-452	-112	-19
Other Financing Activities, Net	38	47	66	19	19	-27	-8.95	-9.30	-9.03	-20	-14
Cash Interest Paid	346	536	685	581	394	255	144	77	80	259	378
Cash Income Taxes Paid	-	-	-	-	-	-	0.00	4.80	14	6.63	0.28

This table details how cash moves in and out of LendingClub's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025
Period end date	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025
Net Change in Cash & Equivalents	105	560	-446	112	-56	-192	-133	81	-73	-57	-146
Net Cash From Operating Activities	33	114	-91	-345	-815	-847	-932	-670	-185	-339	-713
Net Cash From Continuing Operating Activities	33	114	-91	-345	-815	-847	-932	-670	-185	-339	-713
Net Income / (Loss) Continuing Operations	24	14	10	5.01	10	12	15	14	9.72	12	38
Consolidated Net Income / (Loss)	24	14	10	5.01	10	12	15	14	9.72	12	38
Provision For Loan Losses	62	71	67	64	42	32	36	48	63	58	40
Depreciation Expense	12	12	12	11	12	13	13	13	20	14	15
Amortization Expense	-23	-24	-26	-24	-16	-19	-18	-16	-16	-16	-16
Non-Cash Adjustments to Reconcile Net Income	81	22	11	45	114	64	33	36	99	29	26
Changes in Operating Assets and Liabilities, net	-122	20	-164	-447	-977	-948	-1,011	-765	-362	-436	-817
Net Cash From Investing Activities	-1,115	-336	79	326	449	217	487	-594	498	450	337
Net Cash From Continuing Investing Activities	-1,115	-336	79	326	449	217	487	-594	498	450	337
Purchase of Property, Leasehold Improvements and Equipment	-15	-16	-16	-16	-11	-12	-13	-12	-17	-13	-91
Purchase of Investment Securities	-973	-329	92	319	397	121	297	-879	185	83	-4.22
Sale and/or Maturity of Investments	-127	9.00	2.42	23	63	107	203	298	331	380	432
Net Cash From Financing Activities	1,187	782	-433	131	310	438	313	1,345	-386	-168	230
Net Cash From Continuing Financing Activities	1,187	782	-433	131	310	438	313	1,345	-386	-168	230
Net Change in Deposits	1,269	826	-376	148	322	199	574	1,351	-382	-168	234
Other Financing Activities, Net	-1.03	-5.37	-7.70	-4.13	-2.64	-4.43	-4.11	-4.28	-0.86	-0.75	-3.41
Cash Interest Paid	36	52	64	65	78	91	88	100	100	84	81

This table presents LendingClub's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Total Assets	3,890	5,794	5,563	4,641	3,820	2,982	1,863	4,900	7,980	8,827	10,631
Cash and Due from Banks	870	624	516	402	373	244	5.20	36	23	15	16
Restricted Cash	47	81	178	243	271	243	104	76	67	42	23
Interest Bearing Deposits at Other Banks	-	-	-	-	-	-	520	651	1,034	1,238	939
Trading Account Securities	0.00	297	287	118	170	271	142	264	346	1,620	3,453
Loans and Leases, Net of Allowance	0.00	0.00	0.00	0.00	0.00	0.00	637	2,755	4,705	4,540	3,889
Loans and Leases	-	-	-	-	-	-	637	2,899	5,033	4,850	4,126
Allowance for Loan and Lease Losses	-	-	-	-	-	-	-	144	328	310	237
Loans Held for Sale	-	0.00	9.05	236	840	722	122	391	110	408	636
Premises and Equipment, Net	27	56	89	102	114	114	97	98	136	162	168
Goodwill	73	73	36	36	-	-	0.00	76	76	76	76
Other Assets	2,838	4,633	4,422	3,484	2,033	1,373	237	3,308	1,482	728	1,432
Total Liabilities & Shareholders' Equity	3,890	5,794	5,563	4,641	3,820	2,982	1,863	4,900	7,980	8,827	10,631
Total Liabilities	2,917	4,752	4,587	3,713	2,949	2,082	1,139	4,050	6,815	7,576	9,289
Non-Interest Bearing Deposits	-	-	-	-	-	-	0.00	217	234	332	392
Interest Bearing Deposits	-	-	-	-	-	-	0.00	2,919	6,159	7,002	8,676
Other Long-Term Liabilities	39	73	126	143	149	363	397	304	293	223	221
Total Equity & Noncontrolling Interests	973	1,042	976	928	871	900	724	850	1,164	1,252	1,342
Total Preferred & Common Equity	973	1,042	976	922	869	900	724	850	1,164	1,252	1,342
Total Common Equity	973	1,042	976	922	869	900	724	850	1,164	1,252	1,342
Common Stock	1,056	1,132	1,230	1,331	1,406	1,469	1,509	1,561	1,630	1,671	1,703
Retained Earnings	-83	-88	-234	-389	-518	-548	-786	-717	-428	-389	-337
Accumulated Other Comprehensive Income / (Loss)	0.00	-1.67	-0.77	-0.01	0.16	-0.57	1.48	7.05	-38	-30	-24

This table presents LendingClub's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q2 2022	Q3 2022	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024	Q1 2025	Q2 2025
Period end date	6/30/2022	9/30/2022	3/31/2023	6/30/2023	9/30/2023	3/31/2024	6/30/2024	9/30/2024	3/31/2025	6/30/2025
Total Assets	6,187	6,775	8,754	8,343	8,472	9,245	9,586	11,038	10,483	10,775
Cash and Due from Banks	26	23	23	21	19	16	19	26	20	18
Restricted Cash	60	66	47	35	42	36	31	33	25	22
Interest Bearing Deposits at Other Banks	1,016	930	1,614	1,183	1,289	1,050	919	991	875	734
Trading Account Securities	403	359	425	774	1,158	2,229	2,814	3,311	3,427	3,527
Loans and Leases, Net of Allowance	3,811	4,504	5,143	5,178	4,887	4,247	3,999	3,888	3,971	4,133
Loans and Leases	4,055	4,807	5,492	5,533	5,237	4,506	4,228	4,108	4,215	4,386
Allowance for Loan and Lease Losses	243	303	349	355	350	259	229	221	244	253
Loans Held for Sale	63	90	-	-	-	550	791	850	703	1,008
Premises and Equipment, Net	120	130	144	152	160	164	166	168	169	246
Goodwill	76	76	76	76	76	76	76	76	76	76
Other Assets	612	597	6,425	924	841	878	770	1,695	1,217	1,010
Total Liabilities & Shareholders' Equity	6,187	6,775	8,754	8,343	8,472	9,245	9,586	11,038	10,483	10,775
Total Liabilities	5,108	5,654	7,563	7,137	7,264	7,979	8,298	9,695	9,119	9,369
Non-Interest Bearing Deposits	266	255	201	190	313	308	336	361	366	350
Interest Bearing Deposits	4,262	4,868	7,018	6,654	6,687	7,214	7,760	9,099	8,540	8,786
Other Long-Term Liabilities	296	320	253	251	235	194	197	232	213	233
Total Equity & Noncontrolling Interests	1,079	1,121	1,191	1,206	1,208	1,266	1,288	1,343	1,365	1,406
Total Preferred & Common Equity	1,079	1,121	1,191	1,206	1,208	1,266	1,288	1,343	1,365	1,406
Total Common Equity	1,079	1,121	1,191	1,206	1,208	1,266	1,288	1,343	1,365	1,406
Common Stock	1,595	1,613	1,638	1,649	1,661	1,680	1,687	1,694	1,713	1,720
Retained Earnings	-495	-451	-414	-404	-399	-377	-362	-347	-326	-288
Accumulated Other Comprehensive Income / (Loss)	-22	-40	-34	-39	-54	-37	-37	-3.57	-22	-26

This table displays calculated financial ratios and metrics derived from LendingClub's official financial filings.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	115.48%	103.52%	16.48%	14.72%	26.83%	4.11%	-90.41%	1,024.96%	45.02%	-27.17%	-8.98%
EBITDA Growth	-336.83%	191.39%	-719.67%	10.90%	63.18%	179.20%	-1,312.10%	105.65%	417.19%	-89.99%	399.28%
EBIT Growth	-531.09%	93.14%	-6,847.13%	-2.14%	38.58%	67.22%	-1,301.48%	104.26%	729.74%	-64.31%	19.13%
NOPAT Growth	-401.76%	93.14%	-6,847.13%	-2.14%	16.49%	75.89%	-1,301.48%	106.13%	1,459.12%	-86.56%	31.82%
Net Income Growth	-550.11%	84.81%	-2,822.30%	-5.53%	16.71%	76.08%	-1,310.40%	104.29%	1,459.12%	-86.56%	31.82%
EPS Growth	0.00%	97.73%	-3,700.00%	-5.53%	16.71%	76.97%	0.00%	0.00%	1,450.00%	-87.10%	25.00%
Operating Cash Flow Growth	4,282.79%	49.72%	-99.27%	-105,308.81%	-11.57%	57.69%	254.46%	-42.62%	56.57%	-402.63%	-131.76%
Free Cash Flow Firm Growth	-78.77%	3.82%	111.58%	354.79%	-32.98%	33.43%	-2.32%	-97.15%	1,803.94%	-86.32%	-130.84%
Invested Capital Growth	98.46%	48.24%	-5.64%	-20.20%	-17.38%	-25.27%	-43.83%	-0.37%	-11.37%	-1.81%	5.55%
Revenue Q/Q Growth	19.62%	18.59%	-0.99%	4.73%	8.80%	22.67%	-87.11%	94.89%	0.04%	-8.19%	4.18%
EBITDA Q/Q Growth	-69.10%	517.95%	-41.40%	-99.99%	74.10%	126.26%	-1,062.73%	110.42%	-10.48%	-5.57%	11.93%
EBIT Q/Q Growth	-57.99%	86.51%	-33.49%	-62.31%	54.28%	82.64%	-1,797.57%	107.40%	-4.80%	-12.03%	-3.81%
NOPAT Q/Q Growth	-57.99%	86.51%	-33.45%	-62.31%	37.84%	30.83%	-123.46%	110.65%	-1.87%	-25.65%	-0.84%
Net Income Q/Q Growth	-56.65%	73.15%	-33.76%	-63.50%	37.97%	31.02%	-122.97%	107.46%	-1.87%	-25.65%	-0.84%
EPS Q/Q Growth	-7.32%	83.33%	-35.71%	-63.50%	37.97%	0.00%	0.00%	550.00%	-16.47%	-32.08%	-2.17%
Operating Cash Flow Q/Q Growth	145.52%	10.12%	-96.01%	-275.90%	5.18%	49.72%	63.93%	39.98%	-19.02%	-294.04%	19.29%
Free Cash Flow Firm Q/Q Growth	-62.25%	23.19%	158.12%	18.12%	-38.30%	31.09%	9.72%	416.02%	-12.48%	-57.54%	66.13%
Invested Capital Q/Q Growth	38.08%	9.83%	-1.85%	-6.39%	5.00%	-1.07%	-15.56%	-6.19%	-2.77%	2.76%	-0.29%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
EBITDA Margin	-10.06%	4.52%	-24.02%	-18.66%	-5.42%	4.12%	-520.68%	2.62%	9.33%	1.28%	7.03%
EBIT Margin	-14.91%	-0.50%	-29.99%	-26.70%	-12.93%	-4.07%	-594.93%	2.25%	12.89%	6.32%	8.27%
Profit (Net Income) Margin	-15.57%	-1.16%	-29.15%	-26.81%	-17.61%	-4.05%	-594.82%	2.27%	24.40%	4.50%	6.52%
Tax Burden Percent	104.41%	231.04%	97.19%	100.41%	100.15%	99.35%	99.98%	100.74%	189.29%	71.29%	78.89%
Interest Burden Percent	100.00%	100.00%	100.00%	100.00%	135.95%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Effective Tax Rate	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-0.74%	-89.29%	28.71%	21.11%
Return on Invested Capital (ROIC)	-0.77%	-0.03%	-1.93%	-2.26%	-2.32%	-0.71%	-14.87%	1.27%	21.03%	3.04%	3.93%
ROIC Less NNEP Spread (ROIC-NNEP)	-1.24%	-0.13%	-2.85%	-3.48%	-3.63%	-1.13%	-25.46%	1.27%	21.03%	3.04%	3.93%
Return on Net Nonoperating Assets (RNNOA)	-5.54%	-0.46%	-12.54%	-13.93%	-11.94%	-2.76%	-38.42%	1.09%	7.73%	0.19%	0.03%
Return on Equity (ROE)	-6.32%	-0.50%	-14.47%	-16.19%	-14.27%	-3.47%	-53.30%	2.36%	28.76%	3.22%	3.96%
Cash Return on Invested Capital (CROIC)	-66.75%	-38.90%	3.88%	20.21%	16.71%	28.21%	41.26%	1.64%	33.08%	4.86%	-1.47%
Operating Return on Assets (OROA)	-1.08%	-0.04%	-2.65%	-3.01%	-2.23%	-0.91%	-17.87%	0.55%	2.38%	0.65%	0.67%
Return on Assets (ROA)	-1.13%	-0.10%	-2.57%	-3.02%	-3.03%	-0.90%	-17.87%	0.55%	4.50%	0.46%	0.53%
Return on Common Equity (ROCE)	-5.69%	-0.50%	-14.47%	-16.14%	-14.21%	-3.46%	-53.30%	2.36%	28.76%	3.22%	3.96%
Return on Equity Simple (ROE_SIMPLE)	-3.38%	-0.48%	-14.96%	-16.70%	-14.76%	-3.41%	-59.77%	2.19%	24.88%	3.11%	3.83%
Net Operating Profit after Tax (NOPAT)	-22	-1.51	-105	-107	-90	-22	-303	19	290	39	51
NOPAT Margin	-10.44%	-0.35%	-20.99%	-18.69%	-12.31%	-2.85%	-416.45%	2.27%	24.40%	4.50%	6.52%
Net Nonoperating Expense Percent (NNEP)	0.47%	0.09%	0.92%	1.22%	1.31%	0.42%	10.59%	0.00%	0.00%	0.00%	0.00%
SG&A Expenses to Revenue	58.78%	57.82%	66.30%	64.77%	58.16%	82.16%	492.99%	62.09%	51.24%	49.36%	50.77%
Operating Expenses to Revenue	114.86%	100.50%	129.99%	126.70%	112.93%	104.07%	690.28%	80.79%	64.59%	65.51%	69.08%
Earnings before Interest and Taxes (EBIT)	-32	-2.16	-150	-153	-94	-31	-433	18	153	55	65
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	-21	19	-120	-107	-39	31	-379	21	111	11	55
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.58	4.01	2.12	1.86	1.29	1.24	1.33	2.84	0.79	0.77	1.36
Price to Tangible Book Value (P/TBV)	1.78	4.45	2.27	1.98	1.32	1.26	1.33	3.12	0.85	0.81	1.44
Price to Revenue (P/Rev)	7.30	9.71	4.13	2.98	1.54	1.47	13.28	2.95	0.78	1.11	2.31
Price to Earnings (P/E)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	129.97	3.19	24.61	35.45
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.77%	31.32%	4.06%	2.82%
Enterprise Value to Invested Capital (EV/IC)	0.91	1.43	1.08	1.03	0.89	0.89	0.74	1.55	0.00	0.00	0.63
Enterprise Value to Revenue (EV/Rev)	16.28	18.71	11.38	7.61	4.25	3.08	14.83	2.76	0.00	0.00	1.07
Enterprise Value to EBITDA (EV/EBITDA)	0.00	414.23	0.00	0.00	0.00	74.68	0.00	105.64	0.00	0.00	15.22
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	122.62	0.00	0.00	12.95
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	121.73	0.00	0.00	16.41
Enterprise Value to Operating Cash Flow (EV/OCF)	68.88	107.61	10,454.13	0.00	0.00	0.00	2.58	9.43	0.00	0.00	0.00
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	26.92	4.54	4.81	2.71	1.28	94.50	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	2.89	4.39	4.43	3.56	3.01	1.90	1.02	0.72	0.11	0.02	0.00
Long-Term Debt to Equity	2.89	4.39	4.43	3.52	2.48	1.25	0.88	0.69	0.11	0.02	0.00
Financial Leverage	4.47	3.67	4.41	4.00	3.29	2.45	1.51	0.86	0.37	0.06	0.01
Leverage Ratio	5.60	4.81	5.63	5.36	4.70	3.84	2.98	4.30	6.39	6.96	7.50
Compound Leverage Factor	5.60	4.81	5.63	5.36	6.39	3.84	2.98	4.30	6.39	6.96	7.50
Debt to Total Capital	74.30%	81.44%	81.58%	78.05%	75.06%	65.51%	50.60%	41.79%	10.06%	1.52%	0.00%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.76%	13.14%	22.51%	7.16%	1.90%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	74.30%	81.44%	81.58%	77.29%	61.92%	43.00%	43.44%	39.89%	10.06%	1.52%	0.00%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.12%	0.05%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	25.70%	18.56%	18.42%	21.83%	24.89%	34.49%	49.40%	58.21%	89.94%	98.48%	100.00%
Debt to EBITDA	-132.43	235.45	-35.91	-30.77	-66.41	54.69	-1.96	28.51	1.18	1.75	0.00
Net Debt to EBITDA	-89.29	199.18	-30.15	-24.76	-50.09	39.10	-0.30	-7.16	-8.98	-114.96	0.00
Long-Term Debt to EBITDA	-132.43	235.45	-35.91	-30.47	-54.78	35.89	-1.68	27.21	1.18	1.75	0.00
Debt to NOPAT	-127.59	-3,020.74	-41.10	-30.72	-29.23	-79.06	-2.45	32.85	0.45	0.50	0.00
Net Debt to NOPAT	-86.02	-2,555.38	-34.50	-24.72	-22.05	-56.53	-0.37	-8.25	-3.43	-32.74	0.00
Long-Term Debt to NOPAT	-127.59	-3,020.74	-41.10	-30.42	-24.11	-51.89	-2.10	31.35	0.45	0.50	0.00
Noncontrolling Interest Sharing Ratio	9.91%	0.00%	0.00%	0.28%	0.39%	0.10%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-1,901	-1,828	212	963	645	861	841	24	456	62	-19
Operating Cash Flow to CapEx	0.00%	189.76%	1.05%	0.00%	0.00%	-534.15%	1,342.12%	697.03%	540.53%	-1,909.96%	-4,850.97%
Free Cash Flow to Firm to Interest Expense	-5.33	-3.33	0.31	1.68	1.67	3.48	5.59	0.30	5.52	0.23	-0.05
Operating Cash Flow to Interest Expense	0.14	0.14	0.00	-1.00	-1.66	-1.09	2.78	3.00	4.55	-4.20	-7.04
Operating Cash Flow Less CapEx to Interest Expense	0.20	0.06	-0.07	-0.93	-1.52	-1.30	2.57	2.57	3.71	-4.42	-7.19
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.07	0.09	0.09	0.11	0.17	0.22	0.03	0.24	0.18	0.10	0.08
Fixed Asset Turnover	10.66	10.36	6.90	6.01	6.75	6.65	0.69	8.41	10.13	5.80	4.78
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	3,787	5,613	5,297	4,227	3,492	2,610	1,466	1,461	1,295	1,271	1,342
Invested Capital Turnover	0.07	0.09	0.09	0.12	0.19	0.25	0.04	0.56	0.86	0.67	0.60
Increase / (Decrease) in Invested Capital	1,879	1,827	-317	-1,070	-735	-882	-1,144	-5.35	-166	-23	71
Enterprise Value (EV)	3,438	8,043	5,698	4,373	3,100	2,335	1,080	2,262	-69	-316	842
Market Capitalization	1,541	4,175	2,070	1,713	1,121	1,112	966	2,415	925	958	1,820
Book Value per Share	$15.98	$2.76	$2.47	$2.22	$2.04	$10.21	$7.91	$8.51	$11.08	$11.42	$11.94
Tangible Book Value per Share	$14.19	$2.48	$2.32	$2.08	$2.00	$10.05	$7.91	$7.76	$10.36	$10.73	$11.26
Total Capital	3,787	5,613	5,297	4,227	3,492	2,610	1,466	1,461	1,295	1,271	1,342
Total Debt	2,814	4,572	4,321	3,299	2,621	1,710	742	610	130	19	0.00
Total Long-Term Debt	2,814	4,572	4,321	3,267	2,162	1,122	637	583	130	19	0.00
Net Debt	1,897	3,867	3,627	2,655	1,977	1,222	113	-153	-994	-1,275	-977
Capital Expenditures (CapEx)	-21	39	52	-45	-53	51	31	34	69	60	54
Net Nonoperating Expense (NNE)	11	3.48	41	47	39	9.07	130	0.00	0.00	0.00	0.00
Net Nonoperating Obligations (NNO)	2,814	4,572	4,321	3,299	2,621	1,710	742	610	130	19	0.00
Total Depreciation and Amortization (D&A)	10	22	30	46	55	62	54	2.97	-42	-44	-9.70
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	($2.20)	($0.05)	$0.00	$0.00	$0.00	$0.00	($1.24)	$0.38	$2.80	$0.36	$0.46
Adjusted Weighted Average Basic Shares Outstanding	15.11M	74.97M	0.00	0.00	0.00	0.00	93.55M	98.14M	103.55M	108.47M	111.73M
Adjusted Diluted Earnings per Share	($2.20)	($0.05)	$0.00	$0.00	$0.00	$0.00	($1.24)	$0.18	$2.79	$0.36	$0.45
Adjusted Weighted Average Diluted Shares Outstanding	15.11M	74.97M	0.00	0.00	0.00	0.00	93.55M	102.15M	104.00M	108.47M	113.12M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	($1.24)	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	74.40M	76.29M	0.00	0.00	0.00	0.00	90.44M	101.04M	106.57M	110.41M	113.38M
Normalized Net Operating Profit after Tax (NOPAT)	-22	-1.51	-79	-107	-65	-22	-303	13	107	39	51
Normalized NOPAT Margin	-10.44%	-0.35%	-15.81%	-18.69%	-8.88%	-2.85%	-416.45%	1.58%	9.02%	4.50%	6.52%
Pre Tax Income Margin	-14.91%	-0.50%	-29.99%	-26.70%	-17.58%	-4.07%	-594.93%	2.25%	12.89%	6.32%	8.27%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	-0.09	0.00	-0.22	-0.27	-0.24	-0.12	-2.88	0.23	1.85	0.20	0.17
NOPAT to Interest Expense	-0.06	0.00	-0.15	-0.19	-0.23	-0.09	-2.02	0.23	3.51	0.14	0.14
EBIT Less CapEx to Interest Expense	-0.03	-0.08	-0.29	-0.19	-0.11	-0.33	-3.09	-0.20	1.01	-0.02	0.03
NOPAT Less CapEx to Interest Expense	0.00	-0.07	-0.23	-0.11	-0.10	-0.29	-2.22	-0.20	2.67	-0.08	-0.01
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-11.60%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	0.00%	0.00%	-13.35%	0.00%	0.00%	0.00%	-11.60%	0.00%	0.00%	0.00%	0.00%

This table displays calculated financial ratios and metrics derived from LendingClub's official financial filings.

Metric	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025
Period end date	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	0.18%	-15.14%	-29.57%	-34.13%	-29.35%	-26.46%	-19.46%	0.51%	17.02%	20.49%	32.68%
EBITDA Growth	-56.31%	-83.92%	-99.35%	-118.78%	-6.50%	71.55%	5,708.33%	426.64%	62.78%	32.76%	267.09%
EBIT Growth	-26.74%	-61.15%	-70.47%	-76.82%	-35.31%	-7.16%	31.27%	116.05%	-18.82%	-5.04%	177.95%
NOPAT Growth	-18.95%	-66.53%	-94.45%	-88.41%	-56.95%	-10.36%	47.41%	188.68%	-4.28%	-4.73%	156.18%
Net Income Growth	-18.95%	-66.53%	-94.45%	-88.41%	-56.95%	-10.36%	47.41%	188.68%	-4.28%	-4.73%	156.18%
EPS Growth	-67.90%	-66.67%	-94.80%	-87.80%	-65.38%	-15.38%	44.44%	160.00%	-11.11%	-9.09%	153.85%
Operating Cash Flow Growth	-72.57%	181.49%	-147.76%	-412.82%	-2,543.19%	-839.37%	-920.67%	-94.19%	77.25%	59.92%	23.53%
Free Cash Flow Firm Growth	450.15%	-95.00%	-65.53%	-62.97%	-82.30%	-887.30%	-124.33%	-194.57%	-281.29%	175.21%	-144.21%
Invested Capital Growth	-11.37%	-1.24%	-8.45%	-7.09%	-1.81%	19.20%	3.64%	8.77%	5.55%	-10.75%	8.71%
Revenue Q/Q Growth	-13.84%	-6.48%	-5.38%	-13.60%	-7.59%	-2.65%	3.63%	7.82%	7.59%	0.23%	14.11%
EBITDA Q/Q Growth	-59.03%	-39.86%	-95.83%	-1,928.97%	303.95%	10.34%	41.12%	2.86%	1.63%	-10.01%	290.20%
EBIT Q/Q Growth	-41.17%	-15.84%	-16.89%	-43.67%	64.18%	20.78%	17.51%	-7.28%	-38.32%	41.29%	243.96%
NOPAT Q/Q Growth	-45.39%	-42.07%	-26.02%	-50.46%	102.78%	20.63%	21.66%	-2.99%	-32.77%	20.07%	227.12%
Net Income Q/Q Growth	-45.39%	-42.07%	-26.02%	-50.46%	102.78%	20.63%	21.66%	-2.99%	-32.77%	20.07%	227.12%
EPS Q/Q Growth	-36.59%	-50.00%	-30.77%	-44.44%	80.00%	22.22%	18.18%	0.00%	-38.46%	25.00%	230.00%
Operating Cash Flow Q/Q Growth	-69.75%	243.30%	-179.79%	-277.56%	-136.22%	-3.89%	-10.15%	28.17%	72.33%	-83.01%	-110.19%
Free Cash Flow Firm Q/Q Growth	-29.42%	-84.32%	321.46%	-20.60%	-66.26%	-797.37%	86.97%	-208.61%	35.33%	389.29%	-142.30%
Invested Capital Q/Q Growth	-2.77%	-0.93%	-2.69%	-0.88%	2.76%	20.27%	-15.40%	4.03%	-0.29%	1.70%	3.04%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
EBITDA Margin	3.83%	2.46%	0.11%	-2.29%	5.06%	5.74%	7.82%	7.46%	7.04%	6.32%	21.63%
EBIT Margin	8.05%	7.25%	6.36%	4.15%	7.37%	9.15%	10.37%	8.92%	5.11%	7.21%	21.73%
Profit (Net Income) Margin	8.98%	5.56%	4.35%	2.49%	5.47%	6.78%	7.96%	7.16%	4.48%	5.36%	15.37%
Tax Burden Percent	111.53%	76.77%	68.33%	60.08%	74.21%	74.12%	76.73%	80.28%	87.50%	74.36%	70.72%
Interest Burden Percent	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Effective Tax Rate	-11.53%	23.23%	31.67%	39.92%	25.79%	25.88%	23.27%	19.72%	12.50%	25.64%	29.28%
Return on Invested Capital (ROIC)	7.74%	4.93%	3.48%	1.83%	3.69%	3.86%	4.73%	4.19%	2.70%	3.05%	10.08%
ROIC Less NNEP Spread (ROIC-NNEP)	7.74%	4.93%	3.48%	1.83%	3.69%	3.86%	4.73%	4.19%	2.70%	3.05%	10.08%
Return on Net Nonoperating Assets (RNNOA)	2.85%	1.19%	0.50%	0.19%	0.23%	0.56%	0.09%	0.05%	0.02%	0.30%	0.02%
Return on Equity (ROE)	10.58%	6.12%	3.98%	2.02%	3.92%	4.41%	4.82%	4.24%	2.72%	3.36%	10.10%
Cash Return on Invested Capital (CROIC)	33.08%	21.58%	15.76%	11.43%	4.86%	-14.85%	-0.24%	-4.40%	-1.47%	14.87%	-2.86%
Operating Return on Assets (OROA)	1.48%	1.16%	0.92%	0.51%	0.76%	0.81%	0.87%	0.69%	0.41%	0.60%	1.89%
Return on Assets (ROA)	1.66%	0.89%	0.63%	0.31%	0.56%	0.60%	0.67%	0.55%	0.36%	0.45%	1.34%
Return on Common Equity (ROCE)	10.58%	6.12%	3.98%	2.02%	3.92%	4.41%	4.82%	4.24%	2.72%	3.36%	10.10%
Return on Equity Simple (ROE_SIMPLE)	0.00%	22.05%	7.51%	4.33%	0.00%	2.96%	3.29%	3.85%	0.00%	3.72%	5.26%
Net Operating Profit after Tax (NOPAT)	24	14	10	5.01	10	12	15	14	9.72	12	38
NOPAT Margin	8.98%	5.56%	4.35%	2.49%	5.47%	6.78%	7.96%	7.16%	4.48%	5.36%	15.37%
Net Nonoperating Expense Percent (NNEP)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SG&A Expenses to Revenue	53.60%	48.11%	49.10%	47.45%	53.43%	55.47%	53.14%	49.73%	45.77%	48.97%	46.23%
Operating Expenses to Revenue	68.53%	64.03%	64.99%	63.75%	70.05%	73.18%	70.64%	67.53%	65.77%	66.08%	62.28%
Earnings before Interest and Taxes (EBIT)	21	18	15	8.34	14	17	19	18	11	16	54
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	10	6.05	0.25	-4.61	9.40	10	15	15	15	14	54
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.79	0.65	0.87	0.55	0.77	0.76	0.73	0.95	1.36	0.86	0.98
Price to Tangible Book Value (P/TBV)	0.85	0.69	0.93	0.59	0.81	0.81	0.78	1.01	1.44	0.91	1.03
Price to Revenue (P/Rev)	0.78	0.67	1.00	0.70	1.11	1.21	1.25	1.69	2.31	1.42	1.55
Price to Earnings (P/E)	3.19	2.93	11.57	12.66	24.61	25.69	22.22	24.69	35.45	23.06	18.56
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	31.32%	34.16%	8.64%	7.90%	4.06%	3.89%	4.50%	4.05%	2.82%	4.34%	5.39%
Enterprise Value to Invested Capital (EV/IC)	0.00	0.00	0.00	0.00	0.00	0.08	0.00	0.17	0.63	0.18	0.43
Enterprise Value to Revenue (EV/Rev)	0.00	0.00	0.00	0.00	0.00	0.16	0.00	0.31	1.07	0.30	0.68
Enterprise Value to EBITDA (EV/EBITDA)	0.00	0.00	0.00	0.00	0.00	8.04	0.00	4.66	15.22	4.25	6.13
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	0.00	0.00	0.00	2.32	0.00	3.41	12.95	3.89	6.07
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	0.00	0.00	0.00	3.30	0.00	4.45	16.41	4.92	8.10
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	1.16	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.11	0.08	0.04	0.02	0.02	0.21	0.00	0.00	0.00	0.00	0.00
Long-Term Debt to Equity	0.11	0.08	0.04	0.02	0.02	0.21	0.00	0.00	0.00	0.00	0.00
Financial Leverage	0.37	0.24	0.14	0.10	0.06	0.14	0.02	0.01	0.01	0.10	0.00
Leverage Ratio	6.39	6.89	6.36	6.55	6.96	7.33	7.19	7.65	7.50	7.50	7.56
Compound Leverage Factor	6.39	6.89	6.36	6.55	6.96	7.33	7.19	7.65	7.50	7.50	7.56
Debt to Total Capital	10.06%	7.16%	3.41%	2.33%	1.52%	17.17%	0.42%	0.20%	0.00%	0.00%	0.00%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	10.06%	7.16%	3.41%	2.33%	1.52%	17.17%	0.42%	0.20%	0.00%	0.00%	0.00%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	89.94%	92.84%	96.59%	97.67%	98.48%	82.83%	99.58%	99.80%	100.00%	100.00%	100.00%
Debt to EBITDA	1.18	1.16	1.04	2.46	1.75	17.03	0.18	0.05	0.00	0.00	0.00
Net Debt to EBITDA	-8.98	-20.12	-29.25	-112.53	-114.96	-54.48	-32.35	-21.18	0.00	0.00	0.00
Long-Term Debt to EBITDA	1.18	1.16	1.04	2.46	1.75	17.03	0.18	0.05	0.00	0.00	0.00
Debt to NOPAT	0.45	0.35	0.47	0.55	0.50	7.00	0.13	0.05	0.00	0.00	0.00
Net Debt to NOPAT	-3.43	-6.07	-13.21	-25.23	-32.74	-22.38	-22.78	-20.24	0.00	0.00	0.00
Long-Term Debt to NOPAT	0.45	0.35	0.47	0.55	0.50	7.00	0.13	0.05	0.00	0.00	0.00
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	190	30	125	99	34	-234	-30	-94	-61	176	-74
Operating Cash Flow to CapEx	225.00%	698.21%	-576.13%	-2,157.97%	-7,229.86%	-7,185.43%	-7,248.01%	-5,386.20%	-1,076.50%	-2,596.48%	-786.26%
Free Cash Flow to Firm to Interest Expense	4.89	0.53	1.85	1.41	0.44	-2.77	-0.33	-0.94	-0.62	2.14	-0.90
Operating Cash Flow to Interest Expense	0.86	2.06	-1.35	-4.90	-10.60	-10.02	-10.23	-6.69	-1.89	-4.13	-8.61
Operating Cash Flow Less CapEx to Interest Expense	0.48	1.76	-1.58	-5.13	-10.75	-10.16	-10.38	-6.81	-2.06	-4.29	-9.70
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.18	0.16	0.14	0.12	0.10	0.09	0.08	0.08	0.08	0.08	0.09
Fixed Asset Turnover	10.13	8.95	7.70	6.50	5.80	5.20	4.75	4.61	4.78	4.96	4.29
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	1,295	1,283	1,248	1,237	1,271	1,529	1,293	1,346	1,342	1,365	1,406
Invested Capital Turnover	0.86	0.89	0.80	0.73	0.67	0.57	0.59	0.59	0.60	0.57	0.66
Increase / (Decrease) in Invested Capital	-166	-16	-115	-94	-23	246	45	109	71	-164	113
Enterprise Value (EV)	-69	-824	-148	-658	-316	124	-24	230	842	250	600
Market Capitalization	925	768	1,048	663	958	964	940	1,278	1,820	1,170	1,374
Book Value per Share	$11.08	$11.17	$11.22	$11.12	$11.42	$11.44	$11.59	$12.01	$11.94	$12.03	$12.31
Tangible Book Value per Share	$10.36	$10.46	$10.51	$10.42	$10.73	$10.76	$10.91	$11.33	$11.26	$11.37	$11.65
Total Capital	1,295	1,283	1,248	1,237	1,271	1,529	1,293	1,346	1,342	1,365	1,406
Total Debt	130	92	43	29	19	263	5.47	2.68	0.00	0.00	0.00
Total Long-Term Debt	130	92	43	29	19	263	5.47	2.68	0.00	0.00	0.00
Net Debt	-994	-1,593	-1,196	-1,321	-1,275	-840	-964	-1,048	-977	-920	-774
Capital Expenditures (CapEx)	15	16	16	16	11	12	13	12	17	13	91
Net Nonoperating Expense (NNE)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Nonoperating Obligations (NNO)	130	92	43	29	19	263	5.47	2.68	0.00	0.00	0.00
Total Depreciation and Amortization (D&A)	-11	-12	-15	-13	-4.28	-6.16	-4.79	-2.95	4.19	-1.93	-0.25
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.22	$0.13	$0.09	$0.05	$0.09	$0.11	$0.13	$0.13	$0.09	$0.10	$0.33
Adjusted Weighted Average Basic Shares Outstanding	103.55M	106.91M	107.89M	109.07M	108.47M	110.69M	111.40M	112.04M	111.73M	113.69M	114.41M
Adjusted Diluted Earnings per Share	$0.26	$0.13	$0.09	$0.05	$0.09	$0.11	$0.13	$0.13	$0.08	$0.10	$0.33
Adjusted Weighted Average Diluted Shares Outstanding	104.00M	106.92M	107.90M	109.07M	108.47M	110.69M	111.47M	113.92M	113.12M	116.18M	115.69M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	106.57M	107.47M	108.69M	109.65M	110.41M	111.12M	111.82M	112.40M	113.38M	114.20M	114.74M
Normalized Net Operating Profit after Tax (NOPAT)	15	14	10	5.01	10	12	15	14	9.72	12	38
Normalized NOPAT Margin	5.64%	5.56%	4.35%	2.49%	5.47%	6.78%	7.96%	7.16%	4.48%	5.36%	15.37%
Pre Tax Income Margin	8.05%	7.25%	6.36%	4.15%	7.37%	9.15%	10.37%	8.92%	5.11%	7.21%	21.73%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.55	0.32	0.22	0.12	0.18	0.20	0.21	0.18	0.11	0.19	0.65
NOPAT to Interest Expense	0.61	0.25	0.15	0.07	0.13	0.15	0.16	0.14	0.10	0.14	0.46
EBIT Less CapEx to Interest Expense	0.16	0.03	-0.02	-0.11	0.03	0.06	0.07	0.06	-0.06	0.03	-0.44
NOPAT Less CapEx to Interest Expense	0.23	-0.05	-0.08	-0.16	-0.01	0.01	0.02	0.02	-0.08	-0.02	-0.63
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Financials Breakdown Chart

Key Financial Trends

LendingClub (NYSE: LC) has shown notable financial trends over the last several quarters and years based on its quarterly income statements, cash flow statements, and balance sheets:

Revenue Growth: LendingClub's total revenue increased substantially from around $180 million in Q1 2023 to over $248 million in Q2 2025, driven by rises in both interest income and non-interest income, including investment banking income which grew from $55.9 million in Q1 2023 to nearly $89.6 million in Q2 2025.
Net Income Improvement: The company improved its net income significantly from approximately $12 million in Q1 2023 to $38 million in Q2 2025, with EPS rising correspondingly from $0.11 to $0.33 (basic and diluted), indicating better profitability and operational efficiency.
Operating Efficiency Gains: Despite growth in revenues, total non-interest expenses have not increased drastically and appear to be well-managed, with Q2 2025 expenses around $154.7 million compared to $132.2 million in Q1 2023.
Strong Capital and Asset Management: LendingClub's total assets have grown to $10.78 billion by Q2 2025, up from $8.75 billion in Q1 2023, with loans and leases net of allowance increasing from $4.24 billion to $4.13 billion. The company maintains a strong equity base around $1.4 billion, supporting balance sheet health.
Provision for Loan Losses: Loan loss provisions remain significant, fluctuating between $31.9 million and $66.6 million quarterly over the last two years, reflecting ongoing credit risk management challenges inherent in LendingClub's loan portfolio.
Stable Interest Margins: Net interest income increased steadily from $122.9 million in Q1 2023 to $154.2 million in Q2 2025, though interest expense on deposits also rose, reflecting a higher rate environment and deposit costs.
Significant Changes in Operating Assets and Liabilities: Operating assets and liabilities changes show large negative cash impacts in some quarters (e.g., -$816 million in Q2 2025), suggesting ongoing investments or shifts in working capital that will require monitoring for cash flow sustainability.
Negative Cash Flow from Operating Activities: LendingClub has reported large negative net cash flow from operating activities recently, such as -$713 million in Q2 2025 and consistent negative cash flows from operations in previous quarters, raising concerns about core business cash generation.
Increasing Deposit Interest Expense: Deposits interest expense increased from around $53 million in Q1 2023 to over $82 million in Q2 2025, which could pressure net interest margins if not offset by higher earning asset yields.
Significant Cash Outflows for Investments: The company shows considerable purchase of investment securities and property/equipment investments, including a notable $90.7 million expenditure on property and equipment in Q2 2025, impacting free cash flow negatively.

Summary: LendingClub has demonstrated strong revenue and earnings growth over the past two years, improving profitability and managing expenses effectively. However, persistent negative operating cash flows and rising interest expenses point to challenges in cash conversion and cost pressures. The company is investing heavily in its asset base and infrastructure, which could support future growth but requires close attention to balance sheet and liquidity management. Retail investors should weigh the company's improving earnings against the cash flow headwinds and credit loss provisions when considering its stock.

10/09/25 02:14 AM ETAI Generated. May Contain Errors.

Frequently Asked Questions About LendingClub's Financials

When does LendingClub's financial year end?

According to the most recent income statement we have on file, LendingClub's fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

How has LendingClub's net income changed over the last 10 years?

LendingClub's net income appears to be on a downward trend, with a most recent value of $51.33 million in 2024, falling from -$32.89 million in 2014. The previous period was $38.94 million in 2023. See where experts think LendingClub is headed by visiting LendingClub's forecast page.

How has LendingClub's revenue changed over the last 10 years?

Over the last 10 years, LendingClub's total revenue changed from $211.25 million in 2014 to $787.01 million in 2024, a change of 272.5%.

How much debt does LendingClub have?

LendingClub's total liabilities were at $9.29 billion at the end of 2024, a 22.6% increase from 2023, and a 218.5% increase since 2014.

How much cash does LendingClub have?

In the past 10 years, LendingClub's cash and equivalents has ranged from $5.20 million in 2020 to $869.78 million in 2014, and is currently $15.52 million as of their latest financial filing in 2024.

How has LendingClub's book value per share changed over the last 10 years?

Over the last 10 years, LendingClub's book value per share changed from 15.98 in 2014 to 11.94 in 2024, a change of -25.3%.

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This page (NYSE:LC) was last updated on 10/9/2025 by MarketBeat.com Staff

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LendingClub (LC) Financials

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LendingClub (LC) Financials

Annual Income Statements for LendingClub

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Quarterly Cash Flow Statements for LendingClub

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Quarterly Balance Sheets for LendingClub

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