Why Shares of LendingClub Are Surging Today
Shares of digital bank (NYSE: LC) traded roughly 8% higher as of 11:16 a.m. ET today, after the company reported strong earnings results for the third quarter of 2025.
LendingClub, which is primarily in the business of refinancing credit card debt for prime consumers, generated diluted earnings per share of $0.37 on total revenue of over $266 million, beating Wall Street analyst estimates on both fronts. EPS has now more than tripled over the past year, while revenue climbed 32%.
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Source Fool.com