Name | Value |
---|---|
Revenues | 240.7M |
Cost of Revenue | 65.6M |
Gross Profit | 175.1M |
Operating Expense | 160.4M |
Operating I/L | 17.8M |
Other Income/Expense | -73.0M |
Interest Income | 202.4M |
Pretax | 17.8M |
Income Tax Expense | 4.1M |
Net Income/Loss | 13.7M |
LendingClub Corporation operates as a bank holding company for LendingClub Bank, National Association, offering a variety of financial products and services through a technology-driven platform in the United States. The company provides commercial and industrial, commercial real estate, small business, and equipment loans, as well as unsecured personal and auto, patient finance, and education finance loans. Additionally, it operates an online lending marketplace platform that connects borrowers and investors, generating revenue through interest on loans and fees from loan transactions.