Brief: LendingClub Q2 Revenue USD 248.4 Million Vs. IBES Estimate USD 227.5 Million

Happen

29/07/2025 21:05

Overview

LendingClub Q2 revenue rises 33%, beating analyst expectations, per LSEG data

Net income surges 156% to $38.2 mln

Co extends $3.4 bln loan funding partnership with Blue Owl

Outlook

LendingClub expects Q3 loan originations of $2.5 bln to $2.6 bln

Company projects Q3 PPNR of $90 mln to $100 mln

LendingClub anticipates Q3 ROTCE of 10% to 11.5%

Result Drivers

ORIGINATIONS GROWTH - Loan originations increased 32% to $2.4 bln, driven by successful product and marketing initiatives

CREDIT OUTPERFORMANCE - Achieved 40% better credit performance compared to competitors, contributing to strong net income growth

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Beat
$248.40 mln
$227.50 mln (10 Analysts)
Q2 EPS
$0.33
Q2 Net Income
$38.20 mln
Q2 Credit Loss Provision
$39.70 mln
Q2 Pretax Profit
$54 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy", 3 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the consumer lending peer group is "buy"

Wall Street's median 12-month price target for LendingClub Corp is $14.00, about 7.5% above its July 28 closing price of $12.95

The stock recently traded at 14 times the next 12-month earnings vs. a P/E of 11 three months ago

Press Release: ID:nPn5Q1LqSa

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)