LendingClub Q3 revenue beats estimates helped by higher loan sale pricing

Happen

22/10/2025 21:14

Overview

LendingClub Q3 revenue grows 32% yr/yr, beating analyst expectations, per LSEG data

Diluted EPS nearly tripled compared to prior year to $0.37

Company secures $1 bln investment agreement with BlackRock through 2026

Outlook

LendingClub expects Q4 2025 loan originations of $2.5B to $2.6B

Company projects Q4 2025 PPNR of $90M to $100M

LendingClub anticipates Q4 2025 ROTCE of 10% to 11.5%

Result Drivers

ORIGINATIONS GROWTH - 37% increase in loan originations to $2.6 bln driven by product and marketing initiatives

REVENUE INCREASE - 32% revenue growth to $266.2 mln driven by higher marketplace sales, loan sale pricing, and strong credit performance

CREDIT PERFORMANCE - Credit outperformance with 37% better performance vs. competitors, contributing to financial results

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Beat
$266.20 mln
$256.38 mln (11 Analysts)
Q3 EPS
$0.37
Q3 Net Income
$44.30 mln
Q3 Credit Loss Provision
$46.30 mln
Q3 Pretax Profit
$57.20 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 $19.00, about 12% above its October 21 closing price of $16.72

The stock recently traded at 13 times the next 12-month earnings vs. a P/E of 13 three months ago

Press Release: ID:nPn5WgwPma

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(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.)