LendingClub Discusses National Bank Charter, GreenSky Exploring Sale
Both LendingClub and GreenSky reported earnings yesterday; LendingClub had record loan originations and record net revenues; they also announced their new Select Plus Platform ...
OnDeck Pursuing Bank Charter, Loses Chase
Alongside OnDeck’s Q2 earnings the company shared that they were pursuing a bank charter either via acquisition or a de novo bank application; OnDeck is ...
LendingClub, GreenSky and OnDeck Q1 2019 Earnings Results
We recap the earnings results from LendingClub, OnDeck and GreenSky; LendingClub is off to a good start in 2019 and CEO Scott Sanborn shared ...
OnDeck Tightens Credit as Originations Fall in Q1
OnDeck reported first quarter earnings yesterday and total originations dipped for the quarter coming in at $636 million compared to $658 million for the previous ...
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 ...