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LendingClub Corporation (LC)

NYSE: LC · IEX Real-Time Price · USD
28.39
-0.72 (-2.47%)
After-hours:Sep 24, 2021 7:51 PM EDT
29.11
1.63 (5.93%)
At close: Sep 24, 4:00 PM
Market Cap2.78B
Revenue (ttm)460.85M
Net Income (ttm)-98.69M
Shares Out97.79M
EPS (ttm)-1.05
PE Ration/a
Forward PE23.87
Dividendn/a
Ex-Dividend Daten/a
Volume1,050,102
Open28.83
Previous Close27.48
Day's Range28.13 - 29.70
52-Week Range4.40 - 33.30
Beta1.88
AnalystsHold
Price Target26.58 (-8.7%)
Est. Earnings DateOct 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...

IndustryConsumer Finance
IPO DateDec 11, 2014
CEOScott Sanborn
Employees1,030
Stock ExchangeNYSE
Ticker SymbolLC
Full Company Profile

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 Statements

Analyst 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.

Price Target
$26.58
(-8.69% downside)
Analyst Consensus: Hold

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 ...

1 day ago - PRNewsWire

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...

2 days ago - PRNewsWire

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)

Other symbols:GDOTGPNMELIV
3 days ago - Zacks Investment Research

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.

1 week ago - Zacks Investment Research

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...

2 weeks ago - PYMNTS

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...

2 weeks ago - PYMNTS

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...

2 weeks ago - PRNewsWire

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...

2 weeks ago - PYMNTS

3 Top AI Stocks to Buy Right Now

These companies are still growing -- and have plenty of opportunities ahead of them.

Other symbols:DOCNIBM
2 weeks ago - The Motley Fool

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...

3 weeks ago - PRNewsWire

Upstart Has Gained 1,100% Since the IPO -- Here's Why It Could Do It Again

The fintech has already been an amazing performer, but its biggest opportunity may still be in the future.

Other symbols:CGSJPMUPSTWFC
1 month ago - The Motley Fool

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...

1 month ago - Invezz

Friday Afternoon Analyst Upgrades and Downgrades: Microsoft, Petco Health, Phillips 66 and More

With the trading day more than halfway over, the broad markets made a big push higher to close out the week after a series of down days.

Other symbols:MSFTPSXWOOFBPMPBZUN
1 month ago - 24/7 Wall Street

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.

1 month ago - Zacks Investment Research

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.

Other symbols:SOFI
1 month ago - The Motley Fool

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...

Other symbols:COINMAPYPLSOFISQV
1 month ago - InvestorPlace

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.

1 month ago - The Motley Fool

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...

1 month ago - PRNewsWire

Why LendingClub Blasted Almost 50% Higher Today

It's amazing what owning a traditional bank can do to a financial service company's results.

1 month ago - The Motley Fool

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.

1 month ago - CNBC Television

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.

1 month ago - The Motley Fool

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 ...

1 month ago - PYMNTS

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?

1 month ago - Zacks Investment Research

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...

1 month ago - PRNewsWire

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...

1 month ago - Yahoo Finance