Though LendingClub is still reporting losses this quarter and missed its revenue estimates, the market mostly liked what it saw out of the financial services startup when it reported its Q2 earnings. LendingClub attributes it improved earnings position to improved customer acquisition processes, better origination...
Stronger-than-expected loan originations combined with increased transaction fees to push LendingClub’s quarterly earnings report past analyst expectations when the results went live shortly after the market closed yesterday (May 7). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Capital One Financial posted results that were higher than Street estimates as its core card business grew, as did commercial lending activity. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
OnDeck Capital reported second quarter results on Monday (Aug. 8) that fared a bit better than analysts’ expectations, with key tailwinds including stronger originations, with higher loan loss provisions building up as the business model shifts. Get the Full Story Complete the form to unlock this...
July 08, 2020
Rocket Companies, one of the nation’s largest mortgage lenders and parent of Quicken Loans, filed its initial public offering (IPO) late Tuesday (July 7). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS […]
August 07, 2019
Though LendingClub is still reporting losses this quarter and missed its revenue estimates, the market mostly liked what it saw out of the financial services startup when it reported its...
May 08, 2019
Stronger-than-expected loan originations combined with increased transaction fees to push LendingClub’s quarterly earnings report past analyst expectations when the results went live shortly after the market closed yesterday (May 7)....
April 26, 2019
Capital One Financial posted results that were higher than Street estimates as its core card business grew, as did commercial lending activity. Get the Full Story Complete the form to...