On Deck Capital (ONDK) Reports In-Line Q4 EPS; Guides Q1, FY16 Revenue

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Go back to On Deck Capital (ONDK) Reports In-Line Q4 EPS; Guides Q1, FY16 Revenue

OnDeck Reports Fourth Quarter and Full Year 2015 Financial Results

February 22, 2016 4:15 PM EST

NEW YORK, Feb. 22, 2016 /PRNewswire/ -- OnDeck® (NYSE: ONDK), the leader in online lending for small business, today announced fourth quarter 2015 financial results highlighted by record originations, record gross revenue and strong credit performance.  For the full year of 2015, OnDeck loaned over $1.9 billion to small businesses in the U.S., Canada and Australia, increased gross revenue 61% year-over-year and improved its bottom-line compared to 2014.

"OnDeck delivered a strong performance during the fourth quarter of 2015, achieving several key strategic and financial... More