LexinFintech's Q2 Results: GAAP EPADS of $0.19 and Revenue Growth
LexinFintech Q2 Financial Performance
In its latest financial release, LexinFintech announced a GAAP EPADS of $0.19, alongside total revenue of $500.98M, marking a 19.1% increase year-over-year. This performance underscores the company's ability to generate consistent revenue despite challenges in the lending market.
Loan Origination Insights
Total loan origination for the second quarter showed a decline, reaching RMB 51.1 billion, which is a 12% decrease quarter-over-quarter. This trend indicates caution in loan growth amidst current market conditions.
- GAAP EPADS: $0.19
- Revenue: $500.98M (+19.1% Y/Y)
- Total Loan Origination: RMB 51.1 billion (-12% Q/Q)
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