LendingClub Reports Strong Q4 Earnings But Weaker 2019 Guidance
After the closing bell yesterday LendingClub reported their earnings for Q4 2018 and the full calendar year; they originated a record $10.9 billion in new ...
OnDeck Q4 2018 Earnings Review
Today OnDeck hosted their Q4 2018 earnings call and provided an update across all aspects of their business; the company reported net income of $14 ...
Square Produced Strong Q3 Earnings
Square reported Q3 earnings yesterday and adjusted revenue grew 68 percent year-over-year to $431 million, beating analyst expectations. Square also marked its first quarterly profit of $20 ...
Roundup of Q3 2018 Earnings: GreenSky, OnDeck, LendingClub
Yesterday was a big day for the public companies in our space. OnDeck Capital and GreenSky reported before the market opened and LendingClub reported after ...
Roundup of Q2 2018 Earnings: GreenSky, OnDeck, LendingClub
We review the Q2 2018 earnings of GreenSky, OnDeck and LendingClub; Some of the highlights include GreenSky crossing $100 million in revenue for the first time, ...
Lend Academy Article: LendingClub Q1 2018 Earnings Results Review
Banks make up nearly 50% of LendingClub’s platform as originations grow 18% year over year; originations were $2.3 billion for the quarter and revenue was $151.7 ...
Lend Academy Article: Review of OnDeck Q1 2018 Earnings Results
OnDeck has been working towards executing on their five strategic initiatives for 2018: grow responsibly, strengthened credit management, invest in high-growth areas, enhance product offerings, and ...
Lend Academy Article: LendingClub Q4 2017 Earnings Results Review
LendingClub grew revenue and announced settlements in two class action lawsuits. Source ...
Lend Academy Article: Review of OnDeck Q4 2017 Earnings Results
OnDeck has achieved GAAP profitability and announced some interesting new developments for 2018. Source ...
Lend Academy Article: LendingClub Q3 2017 Earnings – Close to a Return to Profitability
Yesterday LendingClub released their Q3 earnings; they originated $2.44 billion in loans, up 14% from the previous quarter; revenue was on the lower end of ...