: $51.6 million, up from $11.7 million in Q1 2025. Pre-Tax Net Income : Reached a record $67.3 million.
As of April 2026, LendingClub has reported significantly higher earnings, more than quadrupling its year-over-year profitability in its latest quarterly results. Latest Financial Results (Q1 2026) LendingClub Reports Net Income of $27.2 Million...
: In that quarter, the company earned $246.2 million in revenue. Latest Financial Results (Q1 2026) : In that
: On the same $3.1 billion in originations seen in 2019, the new bank-marketplace model generated nearly $60 million more in revenue and turned a $0.2 million profit into the $27.2 million figure. Key Strategic Updates (2026) 4 Reasons This Growth Stock Could Be a Monster : $51.6 million
The figure of originates from LendingClub's third quarter of 2021 . While a significant historical milestone that demonstrated the company's transition to a profitable bank-marketplace model, it has been eclipsed by more recent financial performance.
The $27.2 million net income reported in Q3 2021 was a key indicator of LendingClub's successful transformation after acquiring Radius Bank in early 2021.