LendingClub Corporation (LC)
| Market Cap | 2.78B |
| Revenue (ttm) | 460.85M |
| Net Income (ttm) | -98.69M |
| Shares Out | 97.79M |
| EPS (ttm) | -1.05 |
| PE Ratio | n/a |
| Forward PE | 23.87 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 1,050,102 |
| Open | 28.83 |
| Previous Close | 27.48 |
| Day's Range | 28.13 - 29.70 |
| 52-Week Range | 4.40 - 33.30 |
| Beta | 1.88 |
| Analysts | Hold |
| Price Target | 26.58 (-8.7%) |
| Est. Earnings Date | Oct 27, 2021 |
About LC
LendingClub Corporation, operates as a bank holding company for LendingClub Bank, National Association that provides range of financial products and services through a technology-driven platform in the United States. The company provides commercial and industrial, commercial real estate, small business, and equipment loans, as well as leases equipment; and unsecured personal and auto, patient finance, and education finance loans. It also operates an online lending marketplace platform that connects borrowers and investors. The company was incor...
Financial Performance
In 2020, LendingClub's revenue was $314.70 million, a decrease of -58.52% compared to the previous year's $758.61 million. Losses were -$187.54 million, 510.0% more than in 2019.
Financial StatementsAnalyst Forecast
According to 6 analysts, the average rating for LendingClub stock is "Hold." The 12-month stock price forecast is 26.58, which is a decrease of -8.69% from the latest price.
News
CFPB Appoints LendingClub Policy Director to Consumer Advisory Board
SAN FRANCISCO, Sept. 23, 2021 /PRNewswire/ -- The Consumer Financial Protection Bureau (CFPB) announced its appointment of LendingClub Bank's Director of Public Policy, Louis Caditz-Peck, as an advisor ...
LendingClub and PYMNTS Third Report Finds Personal Loans Have Become a Mainstream Financial Tool for Americans
SAN FRANCISCO, Sept. 22, 2021 /PRNewswire/ -- LendingClub Corporation (NYSE: LC), the parent company of LendingClub Bank, America's leading digital marketplace bank, today released findings from the thi...
Payment Revolution Continues to Boost Fintech: 5 Top Picks
Rapid adoption of digital payment and online banking is boosting the fintech space and calls for investing in MercadoLibre (MELI), Visa (V), Green Dot (GDOT), Global Payments (GPN), & LendingClub (LC)
LendingClub (LC) Expands Personal Loan Access With LCX Link
LendingClub's (LC) expands capabilities of the LCX electronic trading platform to match investors' loan needs. It aims at executing $2 billion in total loan sales by the third-quarter end.
LendingClub Expands LCX Trading Platform to Allow Investors Access to Loans
LendingClub says it is expanding access to personal loans by extending the capabilities of its LCX electronic trading platform to include LCX Link. “This innovation opens access and removes friction for...
LendingClub Expands Access Ahead of $2B Milestone
LendingClub says it is expanding access to personal loans by extending the capabilities of its LCX electronic trading platform to include LCX Link. “This innovation opens access and removes friction for...
LendingClub Expands Investor Access to Personal Loans via LCX Link
SAN FRANCISCO, Sept. 9, 2021 /PRNewswire/ -- LendingClub Corporation (NYSE: LC), the parent company of LendingClub Bank, America's leading digital marketplace bank, today announced it has extended the c...
LendingClub CEO Says Breadth of Consumers Living Paycheck to Paycheck Is ‘Wake-up Call'
The paycheck-to-paycheck economy reaches far and wide, as a growing number of individuals and families across the U.S. struggle mightily to make ends meet. Simply put, there's little to no money left ov...
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LendingClub to Participate in The JMP Securities Fintech Forum: Artificial Intelligence on September 10
SAN FRANCISCO, Sept. 2, 2021 /PRNewswire/ -- LendingClub Corporation (NYSE: LC), the parent company of LendingClub Bank, America's leading digital marketplace bank, announced that its Chief Financial Of...
LendingClub shares spike 9% after Maxim upgrade: is it time to buy?
On Friday, LendingClub Corp (NYSE:LC) shares surged 9% after Maxim Group analysts upgraded the stock from neutral to buy, citing its recent purchase of Radius Bank. Analyst Michael Diana said that altho...
Is the Options Market Predicting a Spike in LendingClub (LC) Stock?
Investors need to pay close attention to LendingClub (LC0 stock based on the movements in the options market lately.
SoFi vs. Upstart vs. LendingClub: Which Should You Buy?
There is much debate over which of these three popular fintechs is the superior company and better investment opportunity.
7 Best Fintech Stocks to Buy as Digital Transactions Dominate
The price of Fintech stocks are about to rise to the upside as the post-pandemic reopening gathers steam, accelerating by Q4. The post 7 Best Fintech Stocks to Buy as Digital Transactions Dominate appea...
After Jumping More Than 50% Last Week, LendingClub Stock Still Looks Undervalued
The online bank blew past analysts' expectations and management's guidance for the second quarter.
LendingClub and PYMNTS Second Report Finds Americans Living in the South Central Region are Most Likely to Live Paych...
SAN FRANCISCO, Aug. 2, 2021 /PRNewswire/ -- LendingClub Corporation (NYSE: LC), the parent company of LendingClub Bank, America's leading digital marketplace bank, today released findings from its secon...
Why LendingClub Blasted Almost 50% Higher Today
It's amazing what owning a traditional bank can do to a financial service company's results.
Lending Club soars more than 50% on huge earnings beat
Lending Club soars on updated revenue guidance. With CNBC's Melissa Lee and the Fast Money traders, Guy Adami, Dan Nathan, Tim Seymour and Karen Finerman.
LendingClub Explodes 40% After Earnings: Here's Why It Can Go Even Higher
LendingClub didn't just blow away earnings -- it's now a transformed company.
LendingClub Q2 Loan Originations Soar By 84 Pct
San Francisco-based FinTech LendingClub said it had its most profitable quarter in company history Wednesday (July 28) as the newly minted lender completed its first full quarter operating as a digital ...
LendingClub (LC) Tops Q2 Earnings and Revenue Estimates
LendingClub (LC) delivered earnings and revenue surprises of 121.95% and 53.18%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?
LendingClub Reports Second Quarter 2021 Results
SAN FRANCISCO, July 28, 2021 /PRNewswire/ -- LendingClub Corporation (NYSE: LC), the parent company of LendingClub Bank, America's leading digital marketplace bank, today announced financial results for...
Fintech CEO on retail investors trading meme stocks
Yahoo Finance's Myles Udland talks with LendingClub CEO Scott Sanborn about the company's move to become a full-service financial institution, as well as trends in the U.S. economy. Watch the 2021 Berks...