LC: the cashflow

MyFinsight

For the year ending 2025-12-31, LC had -$46,959K decrease in cash & cash equivalents over the period. -$2,867,281K in free cash flow.

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Cash Flow	2025-12-31
Total net revenue	37,914
Total non-interest expense	34,120
Income before income tax benefit (expense)	3,794
Income tax (expense) benefit	-233
Profit Loss	4,027
Equity in undistributed earnings of subsidiary	131,650
Net income	135,677
Net fair value adjustments	-134,946
Change in fair value of loan servicing assets	59,457
Gain on sales of loans	59,087
Provision for credit losses	191,320
Accretion of deferred origination fees and marketing costs	62,361
Stock-based compensation, net	34,286
Depreciation and amortization	62,889
Other, net	-9,995
Net change to loans held for sale	3,267,348
Other assets	-33,593
Other liabilities	-307
Net cash used for operating activities	-2,726,940
Net change in loans and leases	-320,535
Purchases of securities available for sale	30,452
Proceeds from sales, maturities and paydowns of securities available for sale	1,786,765
Purchases of property, equipment and software, net	140,341
Other investing activities	4,348
Net cash provided by investing activities	1,932,159
Net change in deposits	769,915
Principal payments on borrowings	0
Other financing activities	-22,093
Net cash provided by financing activities	747,822
Net increase (decrease) in cash, cash equivalents and restricted cash	-46,959
Cash and cash equivalents at beginning of period	977,396
Cash and cash equivalents at end of period	930,437

Unit: Thousand (K) dollars