LendingClub Corporation (LC)

NYSE: LC · Real-Time Price · USD
13.03
-0.56 (-4.12%)
Feb 21, 2025, 4:00 PM EST - Market closed
-4.12%
Market Cap 1.48B
Revenue (ttm) 1.16B
Net Income (ttm) 51.33M
Shares Out 113.38M
EPS (ttm) 0.45
PE Ratio 28.96
Forward PE 16.75
Dividend n/a
Ex-Dividend Date n/a
Volume 1,598,300
Open 13.83
Previous Close 13.59
Day's Range 12.87 - 13.85
52-Week Range 7.48 - 18.75
Beta 2.01
Analysts Strong Buy
Price Target 16.38 (+25.71%)
Earnings Date Jan 28, 2025

About LC

LendingClub Corporation, operates as a bank holding company, that provides range of financial products and services in the United States. It offers deposit products, including savings accounts, checking accounts, and certificates of deposit. The company also provides loan products, such as consumer loans comprising unsecured personal loans, secured auto refinance loans, and patient and education finance loans; and commercial loans, including small business loans. In addition, it operates an online lending marketplace platform. The company was i... [Read more]

Sector Financials
IPO Date Dec 11, 2014
Employees 1,002
Stock Exchange NYSE
Ticker Symbol LC
Full Company Profile

Financial Performance

In 2024, LendingClub's revenue was $1.16 billion, an increase of 2.25% compared to the previous year's $1.14 billion. Earnings were $51.33 million, an increase of 31.82%.

Financial Statements

Analyst Forecast

According to 8 analysts, the average rating for LC stock is "Strong Buy." The 12-month stock price forecast is $16.38, which is an increase of 25.71% from the latest price.

Price Target
$16.38
(25.71% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

LendingClub: Lowering 2026 Estimates And Reiterating Buy

LendingClub reported solid 4Q24 earnings, but guidance came in below expectations, causing the stock to sell off after earnings. Management recently announced it received an investment grade rating on...

1 day ago - Seeking Alpha

LendingClub Secures Investment Grade Rating from Fitch on $100 Million Structured Loan Certificates (SLCLC) Transaction with a Top Global Insurance Company

SAN FRANCISCO , Feb. 13, 2025 /PRNewswire/ -- LendingClub Corporation (NYSE: LC), the parent company of LendingClub Bank, America's leading digital marketplace bank, today closed on a $100 million Len...

8 days ago - PRNewsWire

LendingClub: Remaining Bullish After Mixed Update

LendingClub's stock fell 20% post-earnings due to mixed results and guidance, presenting a buying opportunity for long-term investors. Despite concerns over loan origination growth, LC focuses on high...

12 days ago - Seeking Alpha

LendingClub: Not The Destination

LendingClub disappointed the market with conservative guidance for 2025. The fintech's potential remains high, with plans to double loan originations over time and expand into new investment products,...

23 days ago - Seeking Alpha

Manhattan Associates, LendingClub And Other Big Stocks Moving Lower In Wednesday's Pre-Market Session

U.S. stock futures were mixed this morning, with the Nasdaq futures gaining around 0.4% on Wednesday.

Other symbols: MANH
24 days ago - Benzinga

LendingClub Had a Fine Quarter. Why the Stock Is Falling 21%.

The web-based lending company's quarterly revenue beat Wall Street estimates.

24 days ago - Barrons

LendingClub Shares Plummet as Loan Originations Slow

LendingClub's latest quarterly results, released Tuesday (Jan. 28), indicated growth across several key metrics, including loan originations and deposits through its digital banking arm, and some impr...

24 days ago - PYMNTS

LendingClub Corporation (LC) Q4 2024 Earnings Call Transcript

LendingClub Corporation (NYSE:LC) Q4 2024 Earnings Conference Call January 28, 2025 5:00 PM ET Company Participants Artem Nalivayko - IR Scott Sanborn - CEO Drew LaBenne - CFO Conference Call Partici...

24 days ago - Seeking Alpha

LendingClub Reports Fourth Quarter and Full Year 2024 Results

Grew Originations +13%, Revenue +17%, and Total Assets +20% in Fourth Quarter Compared to Prior Year Executed $400 Million Loan Sale out of the Held-for-Sale Portfolio to a New Bank Buyer SAN FRANCISC...

24 days ago - PRNewsWire

Initiating Buy On LendingClub: Lower Interest Rates And Excess Capital Present Opportunity

Since acquiring Radius Bank in 2021, LendingClub's stock has been volatile. The high interest rate environment proved challenging, but the company has begun to turn the corner thanks to a more stable ...

4 weeks ago - Seeking Alpha

LendingClub Schedules Fourth Quarter and Full Year 2024 Earnings Release and Conference Call

SAN FRANCISCO , Jan. 9, 2025 /PRNewswire/ -- LendingClub Corporation (NYSE: LC), the parent company of LendingClub Bank, America's leading digital marketplace bank, announced that it will report earni...

6 weeks ago - PRNewsWire

LendingClub: Joining The Club For 2025

LendingClub remains an attractive investment due to significant growth opportunities, strong execution, and a valuation below historical norms, despite a strong 2024 performance. The company has evolv...

6 weeks ago - Seeking Alpha

Here's why the LendingClub stock price may surge 53% soon

LendingClub stock price recovered strongly after bottoming at $4.90 in 2023 as concerns about its viability continued. LC has soared to $17.50, its highest level since February 2022, bringing its mark...

6 weeks ago - Invezz

Big Money Joins the LendingClub

LendingClub Corp. (LC) is strategically growing its customer base and profits.

2 months ago - FXEmpire

LendingClub: The Historic Debt Consolidation Opportunity Has Just Started

I believe the 750 bps spread between credit card rates and personal loan rates will drive continued demand for debt consolidation loans, leading to double-digit origination fee growth in 2025. The 75 ...

2 months ago - Seeking Alpha

LendingClub: Too Early To Downgrade

LendingClub was downgraded by an analyst after the stock had seen a big rally in the last few months. The fintech has built a larger business set to top the peak results from 2022 prior to the interes...

2 months ago - Seeking Alpha

Caught in a Loop: More Americans Are Unwittingly Ending Up on a Hamster Wheel of Credit Card Debt

Americans Swipe for Rewards and Convenience, But 40% Find Credit Card Debt is Taking a Toll on Their Mental Health SAN FRANCISCO , Nov. 19, 2024 /PRNewswire/ -- Most Americans are drawn to credit card...

3 months ago - PRNewsWire

LendingClub Stock Is Soaring. Strong Earnings May Bode Well for SoFi and Affirm.

J.P. Morgan analysts notes the lender's management says they are seeing bank partners return to the loan marketplace for the first time in about six quarters.

Other symbols: AFRMSOFI
4 months ago - Barrons

LendingClub Q3 Earnings: A Turnaround Stock As Interest Rates Decline (Upgrade)

I believe LendingClub's Q3 2024 earnings report was a solid, and the market rewarded it with a 6% increase in its share price. The company is capitalizing on favorable market conditions with consisten...

4 months ago - Seeking Alpha

LendingClub Loan Originations Surge 27% as Consumers Look to Consolidate Debt

LendingClub's latest quarterly results show an acceleration of loan originations, and banks have moved back to the company's platform as consumers look for ways to consolidate and pay down debt — part...

4 months ago - PYMNTS

LendingClub Corporation (LC) Q3 2024 Earnings Call Transcript

LendingClub Corporation (NYSE:LC) Q3 2024 Earnings Conference Call October 23, 2024 5:00 PM ET Company Participants Artem Nalivayko - Head, IR Scott Sanborn - CEO Drew LaBenne - CFO Conference Call P...

4 months ago - Seeking Alpha

LendingClub Reports Third Quarter 2024 Results

Originations and Revenue Growth Supported by Return of Bank Buyers Total Assets Grew 25% Year to Date Driven by $1.3 Billion Purchase of LendingClub Loans Acquired Tally's Technology in October to Acc...

4 months ago - PRNewsWire

LendingClub: Bullish Ahead Of Q3 Earnings

Goldilocks macro backdrop provides tailwinds to LC's business model. Lower rates translate to higher marketplace volumes and margins. Asset Managers and Bank Investors are expected to come back to the...

4 months ago - Seeking Alpha

LendingClub and Pagaya Acquire Tally's Credit Card Management Tech

LendingClub and AI lending network Pagaya have acquired Tally Technologies' intellectual property. Tally, a FinTech that helped consumers manage credit card debt, closed its doors in August.

Other symbols: PGY
4 months ago - PYMNTS

LendingClub & Pagaya Acquire Assets of Tally Technologies

SAN FRANCISCO & NEW YORK--(BUSINESS WIRE)--LendingClub Corporation (NYSE: LC), operator of America's leading digital marketplace bank, and Pagaya Technologies LTD (NASDAQ: PGY), a global technology co...

Other symbols: PGY
4 months ago - Business Wire