Lendingclub Corp posts $289.68 million annual profit

LendingClub Corp [LC]  has posted annual profit of $289.68 million for the year ended Dec 31,2022.

The company based in California(CA)reported a fellin revenue to $557.34 milion for the year when compared to $578.58 million in the previous year.

A filing from the company with the Securities and Exchange Commission on Feb 9,2023 showed that its revenue is  up 3.67% year-over-year.

The company reported basic earnings per share of $2.80 and diluted earnings per share of $0.00.

LendingClub Corp operates in the Personal Credit Institutions sector.