Brief: Lendingclub Reports Q4 And Full Year 2022 Results

Happen

25/01/2023 22:33

Jan 25 (Reuters) - LendingClub Corp  LC.N :
    * LENDINGCLUB REPORTS FOURTH QUARTER AND FULL YEAR 2022
RESULTS
    * LENDINGCLUB CORP - QTRLY TOTAL NET REVENUE OF $262.7
MILLION
    * LENDINGCLUB CORP - QTRLY NET INTEREST INCOME INCREASED 63%
YEAR
OVER YEAR TO $135.2 MILLION
    * LENDINGCLUB CORP - QTRLY DILUTED EPS $0.22
    * LENDINGCLUB CORP - IMPLEMENTED SIGNIFICANT COST REDUCTION
PLAN
IN FY22 TO MORE CLOSELY ALIGN COMPANY'S EXPENSE BASE WITH
ANTICIPATED LOAN VOLUME IN 2023

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 ((Reuters.Briefs@thomsonreuters.com;))