LendingClub Corporation (NYSE:LC) Files An 8-K Results of Operations and Financial Condition
Item 2.02
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Results of Operations and Financial Condition
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Company) issued a press release (the Earnings Press Release) and
will hold a conference call regarding its financial results for
the quarter ended March 31, 2017. A copy of the Earnings Press
Release is furnished as Exhibit 99.1 to this Form 8-K.
99.1, shall not be deemed filed for purposes of Section 18 of the
Securities and Exchange Act of 1934, as amended (the Exchange
Act), or incorporated by reference in any filing under the
Securities Act of 1933, as amended, or the Exchange Act, except
as shall be expressly set forth by specific reference in such a
filing.
information in both the Earnings Press Release and the conference
call. A reconciliation of these non-GAAP financial measures to
the comparable GAAP financial measures is contained in the
Earnings Press Release.
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Item 9.01
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Financial Statements and Exhibits
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(d)
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Exhibits
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Exhibit
Number
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Exhibit Title or Description
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99.1
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Press Release dated May 4, 2017
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About LendingClub Corporation (NYSE:LC)
LendingClub Corporation (Lending Club) provides online marketplace to connect borrowers and investors. Consumers and small business owners borrow through Lending Club. Investors use Lending Club to earn risk-adjusted returns from an asset class that is only available on a limited basis to large institutional investors. Its technology automates aspects of operations, including the borrower application process, data gathering, credit decisioning and scoring, loan funding, investing and servicing, regulatory compliance and fraud detection. Its platform offers analytical tools and data to enable investors to make decisions and assess their portfolios. Its technology platform has allowed it to expand its offerings from personal loans to include small business loans, and to expand investor classes from individuals to institutions and create various investment vehicles. Its solution offers an online application process and provides borrowers with access to live support and online tools. LendingClub Corporation (NYSE:LC) Recent Trading Information
LendingClub Corporation (NYSE:LC) closed its last trading session up +0.05 at 6.09 with 9,145,013 shares trading hands.
