Get all your news in one place.

100's of premium titles.
One app.

Get all your news in one place.

100's of premium titles. One news app.

Benzinga

Business

Renato Capelj

LendingClub Shares Fall Despite Q4 Earnings Beat, 'Transformed Business Model'

LendingClub LC NYSE

LendingClub Corporation (NYSE:LC) announced Thursday its financial results for the fourth quarter. The results show a return to growth, as well as transformed business economics through a recent bank acquisition, and increased efficiency in operations.

What Happened: Revenue stood at $818.6 million, up 157% from 2020, with marketplace revenue 136% higher and the new recurring stream of net interest income 259% higher year-over-year.

Sign up to read this article

Read news from 100's of titles, curated specifically for you.

Already a member? Sign in here

Top stories on inkl right now

The WNBA finals are a basketball wonderland – unless you’re part of the Maga machine

The WNBA finals are a basketball wonderland – unless you’re part of the Maga machine

The Dream and Valkyries are tied at 2-2 after four absorbing games. Many in America would rather we revisited the national anthem debate

The Guardian - US

'Go green and go thirsty': Guinea’s plastic ban clashes with need for safe water

'Go green and go thirsty': Guinea’s plastic ban clashes with need for safe water

Plastic water sachets are an essential way to provide people in Guinea with safe and affordable drinking water. But their use clashes with the government’s objective of outlawing single-use plastics. Until a solution can be found, authorities have been forced to lift a ban, less than three weeks after implementing…

Radio France Internationale

‘A defeat for the Republic’: How Oct 17 protest fiasco shaped France’s security strategy

‘A defeat for the Republic’: How Oct 17 protest fiasco shaped France’s security strategy

France deployed 70,000 security personnel across the country on October 24, backed by elite police units, helicopters, drones and armoured vehicles, as authorities sought to prevent a repeat of the violence that engulfed several cities a week earlier. The show of force followed widespread criticism of the government’s handling of…

The Times of India

Trump to rally Michigan Republicans after Obama backs Democrat El-Sayed

Trump to rally Michigan Republicans after Obama backs Democrat El-Sayed

US President Donald Trump is campaigning in Michigan, which is crucial for the upcoming midterm elections. Former President Barack Obama previously rallied for Democrats, emphasizing the importance of this Senate race. The competition is between Republican Mike Rogers and Democrat Abdul El-Sayed, who would be the first Muslim senator if…

The Economic Times

One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

US seized American heir’s cellphone in violation of treaty agreement, lawyer says

US seized American heir’s cellphone in violation of treaty agreement, lawyer says

James ‘Fergie’ Chambers, in prison in Spain, has applied for asylum as US seeks extradition over alleged Hamas support

The Guardian - US

Brazilians vote in presidential election runoff pitting leftist Lula against far-right Bolsonaro

Brazilians vote in presidential election runoff pitting leftist Lula against far-right Bolsonaro

Incumbent president lost in first round to senator and son of convicted ex-president

The Guardian - UK

Related Stories

Top stories on inkl right now

The WNBA finals are a basketball wonderland – unless you’re part of the Maga machine

The WNBA finals are a basketball wonderland – unless you’re part of the Maga machine

The Dream and Valkyries are tied at 2-2 after four absorbing games. Many in America would rather we revisited the national anthem debate

The Guardian - US

'Go green and go thirsty': Guinea’s plastic ban clashes with need for safe water

'Go green and go thirsty': Guinea’s plastic ban clashes with need for safe water

Plastic water sachets are an essential way to provide people in Guinea with safe and affordable drinking water. But their use clashes with the government’s objective of outlawing single-use plastics. Until a solution can be found, authorities have been forced to lift a ban, less than three weeks after implementing…

Radio France Internationale

‘A defeat for the Republic’: How Oct 17 protest fiasco shaped France’s security strategy

‘A defeat for the Republic’: How Oct 17 protest fiasco shaped France’s security strategy

France deployed 70,000 security personnel across the country on October 24, backed by elite police units, helicopters, drones and armoured vehicles, as authorities sought to prevent a repeat of the violence that engulfed several cities a week earlier. The show of force followed widespread criticism of the government’s handling of…

The Times of India

Trump to rally Michigan Republicans after Obama backs Democrat El-Sayed

Trump to rally Michigan Republicans after Obama backs Democrat El-Sayed

US President Donald Trump is campaigning in Michigan, which is crucial for the upcoming midterm elections. Former President Barack Obama previously rallied for Democrats, emphasizing the importance of this Senate race. The competition is between Republican Mike Rogers and Democrat Abdul El-Sayed, who would be the first Muslim senator if…

The Economic Times

One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

US seized American heir’s cellphone in violation of treaty agreement, lawyer says

US seized American heir’s cellphone in violation of treaty agreement, lawyer says

James ‘Fergie’ Chambers, in prison in Spain, has applied for asylum as US seeks extradition over alleged Hamas support

The Guardian - US

Brazilians vote in presidential election runoff pitting leftist Lula against far-right Bolsonaro

Brazilians vote in presidential election runoff pitting leftist Lula against far-right Bolsonaro

Incumbent president lost in first round to senator and son of convicted ex-president

The Guardian - UK

Our Picks

Nicki Minaj's Lawyers Reportedly Want To Quit Rapper's 'Unreasonably Difficult' Jingle Ball Lawsuit

Nicki Minaj's lawyers are seeking to withdraw from a $275K Jingle Ball lawsuit, citing irreconcilable differences and a breakdown in communication.

International Business Times UK

Heidi Klum Teases 'Very, Very Bloody' Halloween Costume as Fans Spot Grotesque Body Parts

Heidi Klum has teased her 2026 Halloween costume with an image of brain- and intestine-like prosthetics, prompting fan theories before her annual New York party.

International Business Times UK

The hill I will die on: The email sign-off is archaic – it needs to go. No regards, Tom

The torture of the inbox is made insufferably worse by the dated cliches at the beginning and end, says journalist Tom Gill

The Guardian - UK

New Trump rule allows hunters to bait bears in Alaska with doughnuts, bacon and more

Critics decry Trump administration rule that lets hunters lure bears with human foods on federal lands in Alaska

The Guardian - US

Sylvester Stallone defends casting daughter in Tulsa King: ‘Of course it’s nepotism, you idiot’

Scarlet Rose Stallone appears in the hit series ‘Tulsa King’ in a recurring role

The Independent UK

Ground Beef and Strawberries Cost More as New Federal Diet Advice Puts Protein at Every Meal

Ground beef rose 7.4% and strawberries 10.4% in a year, as federal dietary advice stresses protein. Beans, eggs, and frozen produce can ease the cost.

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.

Download on the AppStore

Get it on Google Play