LendingClub Corporation (LC)
Market Cap | 1.21B |
Revenue (ttm) | 1.20B |
Net Income (ttm) | 50.75M |
Shares Out | 114.20M |
EPS (ttm) | 0.44 |
PE Ratio | 24.13 |
Forward PE | 12.95 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 821,364 |
Open | 10.66 |
Previous Close | 10.28 |
Day's Range | 10.51 - 10.76 |
52-Week Range | 7.81 - 18.75 |
Beta | 2.36 |
Analysts | Strong Buy |
Price Target | 15.75 (+48.45%) |
Earnings Date | Apr 29, 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 a lending marketplace platform. The company was incorpora... [Read more]
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 StatementsAnalyst Forecast
According to 8 analysts, the average rating for LC stock is "Strong Buy." The 12-month stock price forecast is $15.75, which is an increase of 48.45% from the latest price.
News

LendingClub: Already Pricing In Major Economic Weakness
LendingClub Corporation beat Q1 '25 revenue estimates, but extra provision charges for potential macroeconomic weakness led to a slight EPS miss. The fintech plans to grow loan originations, aiming fo...

LendingClub Corporation (LC) Q1 2025 Earnings Call Transcript
LendingClub Corporation (NYSE:LC) Q1 2025 Earnings Conference Call April 29, 2025 5:00 PM ET Company Participants Artem Nalivayko - Head, Investor Relations Scott Sanborn - Chief Executive Officer Dr...

LendingClub Acquires AI-Powered Spending Intelligence Platform
Cushion's technology to complement and enhance LendingClub's suite of mobile financial products and experiences SAN FRANCISCO , April 29, 2025 /PRNewswire/ -- LendingClub Corporation (NYSE: LC), Am...

LendingClub Reports First Quarter 2025 Results
Grew Originations +21%, Revenue +20%, and Total Assets +13% in First Quarter Compared to Prior Year Exceeded $100 Billion in Lifetime Originations SAN FRANCISCO , April 29, 2025 /PRNewswire/ -- Lendin...

LendingClub: Cheap For A Reason Or A Mispriced FinTech?
LendingClub is one of the oldest publicly traded FinTechs around, with a banking charter to boot, lowering deposit costs in comparison to its FinTech peers. The company and its peers have seen signifi...

LendingClub Agrees to Purchase Headquarters Property in San Francisco to Support Growth, Reinforcing Bay Area Commitment
SAN FRANCISCO , April 17, 2025 /PRNewswire/ -- LendingClub Corporation (NYSE: LC), the parent company of LendingClub Bank, America's leading digital marketplace bank, today announced it has entered in...

LendingClub Schedules First Quarter 2025 Earnings Release and Conference Call
SAN FRANCISCO , April 7, 2025 /PRNewswire/ -- LendingClub Corporation (NYSE: LC), the parent company of LendingClub Bank, America's leading digital marketplace bank, announced that it will report earn...

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...

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...

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...

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,...

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.

LendingClub Had a Fine Quarter. Why the Stock Is Falling 21%.
The web-based lending company's quarterly revenue beat Wall Street estimates.

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...

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...

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...

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 ...

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...

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...

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...

Big Money Joins the LendingClub
LendingClub Corp. (LC) is strategically growing its customer base and profits.

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 ...

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...

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...

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.