LendingClub Sees Q3 Loan Originations $1.4B-$1.7B
Portfolio Pulse from Bill Haddad
LendingClub, a peer-to-peer lending company, expects its Q3 loan originations to be between $1.4 billion and $1.7 billion.
July 26, 2023 | 8:14 pm
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LendingClub's projected Q3 loan originations of $1.4B-$1.7B could indicate a positive financial performance.
Loan originations are a key revenue driver for LendingClub. A higher than expected loan origination volume could indicate strong demand for their services, potentially leading to increased revenues and a positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100