LendingClub Corporation (LC)
| 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 |
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...
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...
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...
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 company appears to be on the brink of making a historic -- and extremely beneficial -- acquisition.
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...
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...
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This investment is not just a recovery play -- it's a corporate transformation as well.
The monoline lending marketplace model is a dead-end. LC is evolved. The acquisition of Radius Bank is a game changer.
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...
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...
LendingClub Corporation (LC) CEO Scott Sanborn on Q3 2020 Results - Earnings Call Transcript
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?
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.
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 ...
SAN FRANCISCO, Sept. 22, 2020 /PRNewswire/ -- LendingClub Corporation (NYSE: LC), America's largest online lending marketplace connecting borrowers and investors, today released findings from ...
LendingClub Corporation (LC) CEO Scott Sanborn on Q2 2020 Results - Earnings Call Transcript
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?
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.
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 ...
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LendingClub (LC) will now sell loans at pre-origination levels from the LCX Platform, which will help conserve liquidity.
LendingClub: Tremendous Upside If The Economy Continues To Improve
Investors should closely monitor how LendingClub is reacting to the unprecedented bind that it's in.
The company reported a net loss of $48 million in the first quarter, and laid off 30% of its staff.
LendingClub Corporation (LC) CEO Scott Sanborn on Q1 2020 - Earnings Call Transcript
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 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.
LendingClub says it will lay off 460 people, accounting for about 30% of its current workforce.
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 ...
Investors need to pay close attention to LendingClub (LC) stock based on the movements in the options market lately.
The industry hadn’t seen a U.S. fintech company buy a bank in a decade — until LendingClub broke the ice last month.
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
Here’s why it’s a big deal for the company and future of banking.
Rise in loan origination volume supports LendingClub's (LC) Q4 earnings. The planned buyout of Radius Bank is likely to aid revenue growth.
LendingClub Corporation (LC) CEO Scott Sanborn on Q4 2019 - Earnings Call Transcript
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.
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...
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.
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.
LendingClub's price has remained depressed even as fundamentals have improved.
Improvement in top line supports LendingClub's (LC) Q3 earnings. Also, upbeat fourth-quarter 2019 guidance drives the stock up 11.6%.
LendingClub Corporation's (LC) CEO Scott Sanborn on Q3 2019 Results - Earnings Call Transcript
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?
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...
LendingClub (NYSE: LC) announces its next round of earnings this Tuesday, November 5.
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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 |
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.
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.