LendingClub Corporation (NYSE:LC) Q4 2025 Earnings Call Transcript January 28, 2026LendingClub Corporation beats earnings expectations. Operator: Ladies and gentlemen, thank you for joining us, and welcome to the LendingClub Corporation Q4 2025 Earnings Conference Call. Before I get into the guide, I’d like to spend a few minutes on our move to fair value option. This includes how fair value is established at origination, how revenue and credit flow through the P&L after day one, and how fair value adjustments will show up in noninterest income. First, there is more volume receiving a day-one fair value adjustment as we are transitioning 100% of all new held-for-investment originations to fair value option.