LendingClub (LC) Tax Rate (2013 - 2026)
LendingClub's (LC) quarterly Tax Rate came in at 23.32% in Q1 2026, down 232.0% year-on-year from 17.67% in Q1 2025, and up 37.75% quarter-over-quarter from 16.93% in Q4 2025.
LendingClub (LC) Tax Rate (2013 - 2026) Analysis & Trends
LendingClub has disclosed Tax Rate across 14 years of filings, most recently posting 23.32% for Q1 2026.
- Tax Rate for Q1 2026 came in at 23.32%, down 232.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 23.17% (up 214.0% YoY), and the FY2025 annual result was 23.32%, up 221.0% from the prior year.
- Tax Rate came in at 23.32% for Q1 2026 at LendingClub, up from 16.93% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 39.92% in Q3 2023 to a low of 263.35% in Q2 2022.
- The 5-year median for Tax Rate is 23.03% (2023), against an average of 2.13%.
- Across the five-year window, Tax Rate slumped 26582 bps in 2022 and soared 29502 bps in 2023, its largest moves.
- LendingClub's Tax Rate stood at 11.53% in 2022, then soared by 327 bps to 26.15% in 2023, then sank by 52 bps to 12.5% in 2024, then jumped by 35 bps to 16.93% in 2025, then soared by 38 bps to 23.32% in 2026.
- The last three Tax Rate figures came in at 23.32% (Q1 2026), 16.93% (Q4 2025), and 22.71% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of Chile | 97,765.53 Bn | 97,765.53 Bn | - | -22.54% |
| 2 | Bank Bradesco | 6,846.93 Bn | 6,830.99 Bn | - | - |
| 3 | Lloyds Banking | 384.13 Bn | 384.40 Bn | - | -23.21% |
| 4 | First Capital | 215.78 Bn | 215.63 Bn | - | 19.21% |
| 5 | Itau Unibanco Holding | 202.78 Bn | 202.78 Bn | - | - |
| 6 | Landmark Bancorp | 180.37 Bn | 180.34 Bn | - | 19.83% |
| 7 | NatWest | 168.65 Bn | -51.67 Bn | - | -25.87% |
| 8 | Shinhan Financial | 136.54 Bn | 104.11 Bn | - | 25.76% |
| 9 | Mizuho Financial | 112.02 Bn | 112.56 Bn | - | - |
| 10 | LendingClub | 2.08 Bn | 1.28 Bn | 196.84 Mn | 23.32% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 23.32% |
| Mar 31, 2026 | 23.32% |
| Dec 31, 2025 | 16.93% |
| Dec 31, 2025 | 16.93% |
| Sep 30, 2025 | 22.71% |
| Sep 30, 2025 | 22.71% |
| Jun 30, 2025 | 29.27% |
| Jun 30, 2025 | 29.27% |
| Mar 31, 2025 | 25.64% |
| Mar 31, 2025 | 25.64% |
| Dec 31, 2024 | 12.50% |
| Dec 31, 2024 | 12.50% |
| Sep 30, 2024 | 19.99% |
| Sep 30, 2024 | 19.99% |
| Jun 30, 2024 | 23.17% |
| Jun 30, 2024 | 23.17% |
| Mar 31, 2024 | 25.88% |
| Mar 31, 2024 | 25.88% |
| Dec 31, 2023 | 26.15% |
| Dec 31, 2023 | 26.15% |