Lending Club made a net profit of USD -10.7 mil under revenues of USD 191 mil in the second quarter of 2019, up 82.5% and 7.81% respectively when compared to the same period last year.
Historically, the bank’s net profit reached an all time high of USD 4.57 mil in 4Q2015 and an all time low of USD -92.0 mil in 4Q2017. The average profit in the last six quarters amounted to USD -26.5 mil.
On the other hand, bank’s revenues amounted to an all time high of USD 191 mil in 2Q2019 and an all time low of USD 0.167 mil in 1Q2010. The average revenues in the last six quarters reached USD 177 mil.