LendingClub Quarterly Income Statements Chart
Quarterly
|
Annual
LendingClub Quarterly Income Statements Table
Quarterly
|
Annual
| Unit: USD | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| non-interest income: | ||||||||||||||||||
| marketplace revenue | 55,891,000 | 52,181,000 | 60,886,000 | 82,783,000 | 95,634,000 | 123,439,000 | 173,837,000 | 206,384,000 | 179,966,000 | 170,562,000 | 174,556,000 | 151,735,000 | 81,727,000 | |||||
| other non-interest income | 1,909,000 | 1,948,000 | 2,958,000 | 3,035,000 | 3,356,000 | 4,026,000 | 7,400,000 | 7,448,000 | 9,891,000 | 8,549,000 | 6,322,000 | 6,741,000 | 5,607,000 | |||||
| total non-interest income | 57,800,000 | 54,129,000 | 63,844,000 | 85,818,000 | 98,990,000 | 127,465,000 | 181,237,000 | 213,832,000 | 189,857,000 | 179,111,000 | 180,878,000 | 158,476,000 | 87,334,000 | |||||
| interest income: | ||||||||||||||||||
| interest on loans held for sale | 14,699,000 | 15,883,000 | 9,582,000 | 4,433,000 | 5,757,000 | 5,724,000 | 5,879,000 | 7,130,000 | 7,450,000 | 7,153,000 | 8,536,000 | 8,694,000 | 5,157,000 | |||||
| interest and fees on loans and leases held for investment | 132,393,000 | 145,223,000 | 158,960,000 | 162,085,000 | 150,467,000 | 141,069,000 | 124,028,000 | 108,911,000 | 91,442,000 | 76,964,000 | 57,644,000 | 39,068,000 | 15,301,000 | |||||
| interest on loans held for investment at fair value | 8,409,000 | 9,494,000 | 11,788,000 | 21,692,000 | 26,892,000 | |||||||||||||
| interest on securities available for sale | 35,347,000 | 20,920,000 | 9,467,000 | 5,948,000 | 3,900,000 | 3,359,000 | 3,820,000 | 4,426,000 | 4,511,000 | 3,071,000 | 3,180,000 | 2,539,000 | 2,235,000 | |||||
| other interest income | 16,503,000 | 16,271,000 | 16,798,000 | 19,134,000 | 13,714,000 | 10,595,000 | 5,017,000 | 2,279,000 | 688,000 | 469,000 | 355,000 | 190,000 | 156,000 | |||||
| total interest income | 207,351,000 | 208,319,000 | 207,412,000 | 214,486,000 | 202,413,000 | 173,999,000 | 143,220,000 | 128,468,000 | 111,653,000 | 97,655,000 | 82,860,000 | 67,727,000 | 44,590,000 | |||||
| interest expense: | ||||||||||||||||||
| interest on deposits | 83,963,000 | 76,253,000 | 69,509,000 | 66,521,000 | 53,273,000 | 35,751,000 | 15,184,000 | 6,078,000 | 3,438,000 | 2,616,000 | 1,899,000 | 1,699,000 | 1,014,000 | |||||
| other interest expense | 500,000 | 61,000 | 81,000 | 119,000 | 753,000 | |||||||||||||
| total interest expense | 84,463,000 | 76,842,000 | 70,407,000 | 67,834,000 | 55,709,000 | 38,756,000 | 19,544,000 | 12,242,000 | 11,973,000 | 14,523,000 | 17,572,000 | 21,822,000 | 26,084,000 | |||||
| net interest income | 122,888,000 | 131,477,000 | 137,005,000 | 146,652,000 | 146,704,000 | 135,243,000 | 123,676,000 | 116,226,000 | 99,680,000 | 83,132,000 | 65,288,000 | 45,905,000 | 18,506,000 | |||||
| total net revenue | 180,688,000 | 185,606,000 | 200,849,000 | 232,470,000 | 245,694,000 | 262,708,000 | 304,913,000 | 330,058,000 | 289,537,000 | 262,243,000 | 246,166,000 | 204,381,000 | 105,840,000 | 75,914,000 | 74,713,000 | 43,869,000 | 120,206,000 | |
| yoy | -26.46% | -29.35% | -34.13% | -29.57% | -15.14% | 0.18% | 23.86% | 61.49% | 173.56% | 245.45% | 229.48% | 365.89% | -11.95% | |||||
| qoq | -2.65% | -7.59% | -13.60% | -5.38% | -6.48% | -13.84% | -7.62% | 14.00% | 10.41% | 6.53% | 20.44% | 93.10% | 39.42% | 1.61% | 70.31% | -63.51% | ||
| benefit from credit losses | 31,927,000 | 41,907,000 | 64,479,000 | 66,595,000 | 70,584,000 | 61,512,000 | 82,739,000 | 70,566,000 | 52,509,000 | 21,493,000 | ||||||||
| non-interest expense: | ||||||||||||||||||
| compensation and benefits | 59,554,000 | 58,591,000 | 58,497,000 | 71,553,000 | 73,307,000 | 87,768,000 | 84,916,000 | 85,103,000 | 81,610,000 | 78,741,000 | 73,304,000 | 71,925,000 | 64,420,000 | |||||
| marketing | 24,136,000 | 23,465,000 | 19,555,000 | 23,940,000 | 26,880,000 | 35,139,000 | 46,031,000 | 61,497,000 | 55,080,000 | 50,708,000 | 50,782,000 | 35,107,000 | 19,545,000 | |||||
| equipment and software | 12,684,000 | 13,190,000 | 12,631,000 | 13,968,000 | 13,696,000 | 13,200,000 | 12,491,000 | 12,461,000 | 11,046,000 | 12,019,000 | 10,297,000 | 9,281,000 | 7,893,000 | |||||
| depreciation and amortization | 12,673,000 | 11,953,000 | 11,250,000 | 11,638,000 | 12,354,000 | 11,554,000 | 10,681,000 | 10,557,000 | 11,039,000 | 10,462,000 | 10,549,000 | 11,508,000 | 11,766,000 | |||||
| professional services | 7,091,000 | 7,727,000 | 8,414,000 | 9,974,000 | 9,058,000 | 10,029,000 | 11,943,000 | 16,138,000 | 12,406,000 | 12,699,000 | 11,750,000 | 11,520,000 | 11,603,000 | |||||
| occupancy | 3,861,000 | 3,926,000 | 4,612,000 | 4,684,000 | 4,310,000 | 4,698,000 | 5,051,000 | 6,209,000 | 6,019,000 | 4,706,000 | 6,486,000 | 6,157,000 | 6,900,000 | |||||
| other non-interest expense | 12,234,000 | 11,163,000 | 13,076,000 | 15,322,000 | 17,703,000 | 17,656,000 | 15,106,000 | 17,421,000 | 14,004,000 | 18,885,000 | 15,607,000 | 14,641,000 | 12,125,000 | |||||
| total non-interest expense | 132,233,000 | 130,015,000 | 128,035,000 | 151,079,000 | 157,308,000 | 180,044,000 | 186,219,000 | 209,386,000 | 191,204,000 | 188,220,000 | 178,775,000 | 160,139,000 | 134,252,000 | |||||
| income before income tax expense | 16,528,000 | 17,802,000 | -2,607,500 | 29,867,000 | 9,608,000 | -49,905,000 | -40,159,500 | -34,399,000 | -78,471,000 | -47,768,000 | ||||||||
| income tax expense | -4,278,000 | -4,136,000 | 319,000 | |||||||||||||||
| net income | 12,250,000 | 10,155,000 | 5,008,000 | 10,110,000 | 13,666,000 | 23,591,000 | 43,198,000 | 182,060,000 | ||||||||||
| yoy | -10.36% | -56.95% | -88.41% | -94.45% | ||||||||||||||
| qoq | 20.63% | 102.78% | -50.46% | -26.02% | -42.07% | -45.39% | -76.27% | |||||||||||
| net income margin % | 6.78% | 5.47% | 2.49% | 4.35% | 5.56% | 8.98% | 14.17% | 55.16% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | |
| earnings per share: | ||||||||||||||||||
| basic eps | 0.11 | 0.068 | 0.05 | 0.09 | ||||||||||||||
| diluted eps | 0.11 | 0.068 | 0.05 | 0.09 | ||||||||||||||
| weighted-average common shares – basic | 110,685,796 | 109,071,180 | 107,892,590 | 106,912,139 | 97,785,089 | 86,505,560 | ||||||||||||
| weighted-average common shares – diluted | 110,687,380 | 109,073,194 | 107,895,072 | 106,917,770 | 102,031,088 | 86,505,560 | ||||||||||||
| interest on retail and certificate loans held for investment at fair value | 528,000 | 817,000 | 1,194,000 | 1,683,000 | 2,390,000 | 3,685,000 | 5,091,000 | 6,969,000 | 9,236,000 | 12,172,000 | 16,014,000 | 20,262,000 | ||||||
| interest on retail notes, certificates and secured borrowings | 923,500 | 817,000 | 1,194,000 | 1,683,000 | 2,390,000 | 3,685,000 | 5,091,000 | 6,969,000 | 9,236,000 | 12,172,000 | 16,014,000 | 20,262,000 | ||||||
| income before income tax benefit | 13,684,000 | 8,335,000 | 14,796,000 | 21,152,000 | 35,955,000 | 50,106,000 | 45,824,000 | |||||||||||
| income tax benefit | -3,529,000 | -3,327,000 | -4,686,000 | 2,439,000 | 7,243,000 | 131,954,000 | -4,988,000 | 38,000 | 2,682,000 | 237,000 | -2,821,000 | -324,000 | -74,000 | |||||
| basic eps – common stockholders | 0.13 | |||||||||||||||||
| diluted eps – common stockholders | 0.13 | |||||||||||||||||
| interest on other loans held for investment at fair value | 503,750 | 791,000 | 631,000 | 593,000 | 762,000 | 973,000 | 1,222,000 | 1,479,000 | ||||||||||
| interest on short-term borrowings | 63,000 | 87,000 | 417,000 | 435,000 | 561,000 | 849,000 | 1,003,000 | 1,264,000 | ||||||||||
| interest on structured program borrowings | 159,000 | 225,000 | 360,000 | 764,000 | 1,642,000 | 2,120,000 | 2,668,000 | 3,208,000 | ||||||||||
| interest on other long-term debt | 393,000 | 363,000 | 296,000 | 367,000 | 468,000 | 532,000 | 438,000 | 336,000 | ||||||||||
| consolidated net income | 40,836,000 | 29,108,000 | 27,185,000 | 9,371,000 | -47,084,000 | -26,655,000 | -34,325,000 | -78,471,000 | -48,087,000 | |||||||||
| non-interest income : | ||||||||||||||||||
| interest income : | ||||||||||||||||||
| interest expense : | ||||||||||||||||||
| benefit from (reversal of) credit losses | 23,412,750 | 37,524,000 | 34,634,000 | |||||||||||||||
| non-interest expense : | ||||||||||||||||||
| net income per share | 0.1 | -0.49 | -0.28 | -0.38 | -0.87 | |||||||||||||
| weighted-average common shares – basic and diluted | 92,666,169 | 77,934,302 | 73,566,385 | 70,304,166 | ||||||||||||||
| weighted-average common shares, as converted – basic and diluted | 2,648,758 | 12,505,393 | 17,335,485 | 19,562,714 | ||||||||||||||
| net revenue: | ||||||||||||||||||
| transaction fees | 43,151,000 | 24,372,000 | 3,874,000 | 136,243,000 | ||||||||||||||
| interest income | 32,950,000 | 46,773,000 | 60,560,000 | 69,411,000 | ||||||||||||||
| interest expense | -27,056,000 | -32,440,000 | -37,766,000 | -44,241,000 | ||||||||||||||
| net fair value adjustments | -8,435,000 | -696,000 | -6,378,000 | -101,738,000 | ||||||||||||||
| net interest income and fair value adjustments | -2,541,000 | 13,637,000 | 16,416,000 | -76,568,000 | ||||||||||||||
| investor fees | 24,940,000 | 25,850,000 | 19,315,000 | 41,759,000 | ||||||||||||||
| gain on sales of loans | 7,088,000 | 7,739,000 | 1,724,000 | 14,261,000 | ||||||||||||||
| net investor revenue | 29,487,000 | 47,226,000 | 37,455,000 | -20,548,000 | ||||||||||||||
| other revenue | 3,276,000 | 3,115,000 | 2,540,000 | 4,511,000 | ||||||||||||||
| operating expenses: | ||||||||||||||||||
| sales and marketing | 13,347,000 | 7,201,000 | 8,723,000 | 49,784,000 | ||||||||||||||
| origination and servicing | 16,774,000 | 15,595,000 | 17,830,000 | 20,994,000 | ||||||||||||||
| engineering and product development | 29,189,000 | 31,984,000 | 39,167,000 | 38,710,000 | ||||||||||||||
| other general and administrative | 43,583,000 | 54,332,000 | 56,620,000 | 58,486,000 | ||||||||||||||
| total operating expenses | 102,893,000 | 109,112,000 | 122,340,000 | 167,974,000 | ||||||||||||||
| less: income attributable to noncontrolling interests | ||||||||||||||||||
| lendingclub net income | -26,655,000 | -34,325,000 | -78,471,000 | -48,087,000 | ||||||||||||||
| net income per share | 0.1 | -0.49 | -0.28 | -0.38 | -0.87 | |||||||||||||
| basic | -1.1 | |||||||||||||||||
| diluted | -1.1 | |||||||||||||||||
| weighted-average common shares, as converted – basic | 2,579,710 | |||||||||||||||||
| weighted-average common shares, as converted – diluted | 2,579,710 |
We provide you with 20 years income statements for LendingClub stock, allowing you to gain comprehensive visibility into the fundamentals of the company. Our detailed breakdowns include key financial metrics such as earnings, sales and marketing expenses, research and development costs, profits, and profit margins. This in-depth information is essential for making informed investment decisions and understanding the financial health and performance of LendingClub stock. Explore the full financial landscape of LendingClub stock with our expertly curated income statements.
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