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Stock impact report

LendingClub outlines $11.6B–$12.6B originations target for 2026 as company accelerates marketing and product expansion [Seeking Alpha]

LendingClub Corporation (LC) 
Last lendingclub corporation earnings: 2/18 04:06 pm Check Earnings Report
US:NYSE Investor Relations: ir.lendingclub.com
Company Research Source: Seeking Alpha
CEO Scott Sanborn stated LendingClub had a strong close to "one of the best years in LendingClub's history," highlighting a 40% year-on-year growth in originations to $2.6 billion for the quarter and a more Quick Insights Growth was driven by product innovation, marketing expansion, robust marketplace pricing, and strong credit performance. New products, partnerships, and engagement with deposit offerings also contributed. Transition to fair value accounting aims to simplify financials, better align revenue recognition and losses, and create consistency across marketplace and bank businesses. Key risks include higher marketing expenses, transition-year efficiency ratio, potential macroeconomic impacts, regulatory changes like rate caps, and credit loss rate stability amid changing product mix. Recommended For You More Trending News Show less Read more
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