LendingClub: Strong Originations Amid Private Credit Meltdown Ahead Of Rebrand

LendingClub remains a compelling "Buy," bolstered by strong Q1 results and resilient credit metrics despite broader market fears. LC is delivering over 30% originations growth, supporting robust non-interest fee income and reinforcing its growth profile. Deposit growth, high-yield savings, and the rebrand to Happen Bank are reducing the cost of capital and enhancing net interest margins.