LendingClub (LC) Loans - Loss Allowance: 2021-2024
Historic Loans - Loss Allowance for LendingClub (LC) over the last 4 years, with Dec 2024 value amounting to $236.7 million.
- LendingClub's Loans - Loss Allowance rose 21.40% to $267.8 million in Q3 2025 from the same period last year, while for Sep 2025 it was $267.8 million, marking a year-over-year increase of 21.40%. This contributed to the annual value of $236.7 million for FY2024, which is 23.73% down from last year.
- Latest data reveals that LendingClub reported Loans - Loss Allowance of $236.7 million as of FY2024, which was down 23.73% from $310.4 million recorded in FY2023.
- Over the past 5 years, LendingClub's Loans - Loss Allowance peaked at $327.9 million during FY2022, and registered a low of $144.4 million during FY2021.
- In the last 3 years, LendingClub's Loans - Loss Allowance had a median value of $310.4 million in 2023 and averaged $291.7 million.
- In the last 5 years, LendingClub's Loans - Loss Allowance spiked by 127.06% in 2022 and then declined by 23.73% in 2024.
- Yearly analysis of 4 years shows LendingClub's Loans - Loss Allowance stood at $144.4 million in 2021, then surged by 127.06% to $327.9 million in 2022, then fell by 5.33% to $310.4 million in 2023, then decreased by 23.73% to $236.7 million in 2024.