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LendingClub Corporation (LC)

Stock Price: $11.56 USD -0.50 (-4.15%)
Updated Jan 21, 2021 4:00 PM EST - Market closed
Market Cap 904.37M
Revenue (ttm) 427.27M
Net Income (ttm) -160.65M
Shares Out 73.57M
EPS (ttm) -1.79
PE Ratio n/a
Forward PE 28.41
Dividend n/a
Dividend Yield n/a
Trading Day January 21
Last Price $11.56
Previous Close $12.06
Change ($) -0.50
Change (%) -4.15%
Day's Open 12.11
Day's Range 11.23 - 12.22
Day's Volume 1,363,073
52-Week Range 4.41 - 13.37

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PRNewsWire - 2 days ago

SAN FRANCISCO, Jan. 19, 2021 /PRNewswire/ -- LendingClub Corporation (NYSE: LC), America's leading online lending marketplace connecting borrowers and investors, today announced that Al Landon...

PYMNTS - 2 days ago

LendingClub said Tuesday (Jan. 19) it has received all the regulatory approvals necessary to close its $185 million acquisition of Radius Bancorp. The stage is now set for the deal to close in...

PRNewsWire - 2 days ago

SAN FRANCISCO, Jan. 19, 2021 /PRNewswire/ -- LendingClub Corporation (NYSE:LC), America's leading online lending marketplace connecting borrowers and investors, today announced that it has now...

Zacks Investment Research - 2 weeks ago

The Office of the Comptroller of the Currency (OCC) approves LendingClub's (LC) acquisition of Boston, MA-based online bank - Radius Bancorp - announced for $185 million in February 2020.

The Motley Fool - 3 weeks ago

The company appears to be on the brink of making a historic -- and extremely beneficial -- acquisition.

PRNewsWire - 3 weeks ago

SAN FRANCISCO, Dec. 28, 2020 /PRNewswire/ -- LendingClub Corporation (NYSE: LC), America's leading online lending marketplace connecting borrowers and investors, released tips for staying fina...

PRNewsWire - 1 month ago

SAN FRANCISCO, Dec. 14, 2020 /PRNewswire/ -- LendingClub Corporation (NYSE: LC), America's leading online lending marketplace connecting borrowers and investors, has been awarded a Top Workpla...

The Motley Fool - 1 month ago

These smaller companies in 5G, fintech, and cannabis could have monster returns next year.

Other stocks mentioned: CGC, SMCI
The Motley Fool - 1 month ago

This investment is not just a recovery play -- it's a corporate transformation as well.

Seeking Alpha - 1 month ago

The monoline lending marketplace model is a dead-end. LC is evolved. The acquisition of Radius Bank is a game changer.

Business Insider - 2 months ago

The US-based alt lender has released its Q3 financial statement, which indicates that it has managed to boost key performance indicators from Q2, yet results still show declines year over year...

PYMNTS - 2 months ago

LendingClub, the country's top provider of personal loans, said in earnings results Wednesday (Nov. 4) that demand for borrowing snapped back 80 percent in the third quarter, while the perform...

Seeking Alpha - 2 months ago

LendingClub Corporation (LC) CEO Scott Sanborn on Q3 2020 Results - Earnings Call Transcript

Zacks Investment Research - 2 months ago

LendingClub (LC) delivered earnings and revenue surprises of 41.86% and 33.10%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?

Zacks Investment Research - 2 months ago

LendingClub (LC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

PRNewsWire - 3 months ago

SAN FRANCISCO, Oct. 13, 2020 /PRNewswire/ -- LendingClub Corporation (NYSE: LC), America's largest online lending marketplace connecting borrowers and investors, announced that it will report ...

PRNewsWire - 3 months ago

SAN FRANCISCO, Sept. 22, 2020 /PRNewswire/ -- LendingClub Corporation (NYSE: LC), America's largest online lending marketplace connecting borrowers and investors, today released findings from ...

Seeking Alpha - 5 months ago

LendingClub Corporation (LC) CEO Scott Sanborn on Q2 2020 Results - Earnings Call Transcript

Zacks Investment Research - 5 months ago

LendingClub (LC) delivered earnings and revenue surprises of -3.45% and -23.90%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?

Zacks Investment Research - 5 months ago

LendingClub (LC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

PRNewsWire - 6 months ago

SAN FRANCISCO, July 21, 2020 /PRNewswire/ -- LendingClub Corporation (NYSE: LC), America's largest online lending marketplace connecting borrowers and investors, announced that it will report ...

InvestorPlace - 6 months ago

Penny stocks by nature are risky. These 10 stocks have even higher-than-usual risks, which makes them dangerous for most investors.

Other stocks mentioned: AMC, DNR, GPRO, HEXO, HIMX, HTZ, NBEV, OPK, PRTY
Zacks Investment Research - 6 months ago

LendingClub (LC) will now sell loans at pre-origination levels from the LCX Platform, which will help conserve liquidity.

Seeking Alpha - 7 months ago

LendingClub: Tremendous Upside If The Economy Continues To Improve

Seeking Alpha - 7 months ago

Investors should closely monitor how LendingClub is reacting to the unprecedented bind that it's in.

The Motley Fool - 8 months ago

The company reported a net loss of $48 million in the first quarter, and laid off 30% of its staff.

Seeking Alpha - 8 months ago

LendingClub Corporation (LC) CEO Scott Sanborn on Q1 2020 - Earnings Call Transcript

Zacks Investment Research - 8 months ago

LendingClub (LC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

The Motley Fool - 8 months ago

The company cited the COVID-19 pandemic's "unprecedented effect," as well a drop-off in investor demand for the personal loans the company specializes in.

CNBC - 9 months ago

LendingClub says it will lay off 460 people, accounting for about 30% of its current workforce.

Reuters - 9 months ago

Online lender LendingClub Corp said on Tuesday it would lay off 460 employees, including President Steven Allocca, as part of a restructuring plan to slash costs amid the economic fallout of ...

Zacks Investment Research - 9 months ago

Investors need to pay close attention to LendingClub (LC) stock based on the movements in the options market lately.

Forbes - 10 months ago

The industry hadn’t seen a U.S. fintech company buy a bank in a decade — until LendingClub broke the ice last month.

The Motley Fool - 10 months ago

Although a long and complex regulatory approval process ahead, the acquisition of Radius Bank could give LendingClub a cheaper capital source, enhanced profitability, and diversified revenue

The Motley Fool - 10 months ago

Here’s why it’s a big deal for the company and future of banking.

Zacks Investment Research - 11 months ago

Rise in loan origination volume supports LendingClub's (LC) Q4 earnings. The planned buyout of Radius Bank is likely to aid revenue growth.

Seeking Alpha - 11 months ago

LendingClub Corporation (LC) CEO Scott Sanborn on Q4 2019 - Earnings Call Transcript

CNBC Television - 11 months ago

LendingClub CEO on why Radius Bank acquisition matters

LendingClub CEO Scott Sanborn discusses his company's earnings beat and acquisition of the online-only Radius Bank.

Market Watch - 11 months ago

LendingClub Corp. LC, -0.08% shares declined in late trading Tuesday, after the online-lending company revealed projected weaker-than-expected growth in 2020 as it seeks to become a registered...

CNBC - 11 months ago

LendingClub, a fintech company that pioneered personal loans made online, is buying a U.S. bank to give it access to a stable and cheaper source of funding, CNBC has learned.

Zacks Investment Research - 11 months ago

LendingClub (LC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Seeking Alpha - 1 year ago

LendingClub: Hidden Value

Seeking Alpha - 1 year ago

LendingClub's price has remained depressed even as fundamentals have improved.

Zacks Investment Research - 1 year ago

Improvement in top line supports LendingClub's (LC) Q3 earnings. Also, upbeat fourth-quarter 2019 guidance drives the stock up 11.6%.

Seeking Alpha - 1 year ago

LendingClub Corporation's (LC) CEO Scott Sanborn on Q3 2019 Results - Earnings Call Transcript

Zacks Investment Research - 1 year ago

LendingClub (LC) delivered earnings and revenue surprises of 800.00% and 0.31%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?

Market Watch - 1 year ago

Shares of Lending Club Corp. edged higher in the extended session Tuesday after the company beat adjusted per-share earnings expectations and reported slightly higher-than-expected sales in it...

Benzinga - 1 year ago

LendingClub (NYSE: LC) announces its next round of earnings this Tuesday, November 5.

The Motley Fool - 1 year ago

These tech-focused companies are upending the financial services industry.

Other stocks mentioned: MA, ADYEY
Zacks Investment Research - 1 year ago

LendingClub Corporation (LC) has been on a bit of a cold streak lately, but there might be light at the end of the tunnel for this overlooked stock.

About LC

LendingClub Corporation provides unsecured personal loans in the United States. It operates an online lending marketplace platform that connects borrowers and investors. The company's marketplace facilitates various types of loan products for consumers and small businesses, including education and patient finance loans, auto refinance loans, and small business loans. It also enables investors to invest in a range of loans. The company was founded in 2006 and is headquartered in San Francisco, California.

Industry
Credit Services
IPO Date
Dec 11, 2014
CEO
Scott Sanborn
Employees
1,073
Stock Exchange
NYSE
Ticker Symbol
LC
Full Company Profile

Financial Performance

In 2019, LendingClub's revenue was $758.61 million, an increase of 9.18% compared to the previous year's $694.81 million. Losses were -$30.75 million, -76.04% less than in 2018.

Financial Statements

Analyst Forecasts

According to 7 analysts, the average rating for LendingClub stock is "Hold." The 12-month stock price forecast is 9.50, which is a decrease of -17.82% from the latest price.

Price Target
$9.50
(-17.82% downside)
Analyst Consensus: Hold