Summary
15.06 0.14(0.94%)11/08/2024
LendingClub Corp (LC)
LendingClub Corp (LC)
Key Facts
| 1 Day | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 5 Years | All Time |
| 0.94 | 6.11 | 37.21 | 54.11 | 68.67 | 169.63 | 4.89 | -86.81 |
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| Trading Data | ||
| Close | 15.06 | |
| Open | 14.82 | |
| High | 15.12 | |
| Low | 14.68 | |
| Volume | 2,857,535 | |
| Change | 0.14 | |
| Change % | 0.94 | |
| Avg Volume (20 Days) | 2,097,390 | |
| Volume/Avg Volume (20 Days) Ratio | 1.36 | |
| 52 Week Range | 5.05 - 15.72 | |
| Price vs 52 Week High | -4.20% | |
| Price vs 52 Week Low | 198.22% | |
| Range | 1.64 | |
| Gap Up/Down | 0.91 | |
Fundamentals | ||
| Market Capitalization (Mln) | 1,208 | |
| EBIDTA | 103,958,000 | |
| PE Ratio | 26.5000 | |
| PEG Ratio | -18.1400 | |
| WallStreet Target Price | 10.64 | |
| Book Value | 11.3960 | |
| Earnings Per Share | 0.3400 | |
| EPS Estimate Current Quarter | 0.0300 | |
| EPS Estimate Next Quarter | 0.0400 | |
| EPS Estimate Current Year | 0.2700 | |
| EPS Estimate Next Year | 0.7300 | |
| Diluted EPS (TTM) | 0.3400 | |
| Revenues | ||
| Profit Marging | 0.0341 | |
| Operating Marging (TTM) | 0.0636 | |
| Return on asset (TTM) | 0.0039 | |
| Return on equity (TTM) | 0.0305 | |
| Revenue TTM | 1,099,159,040 | |
| Revenue per share TTM | 10.0460 | |
| Quarterly Revenue Growth (YOY) | -0.1200 | |
| Quarterly Earnings Growth (YOY) | -0.1390 | |
| Gross Profit (TTM) | 536,367,000 | |
| Dividends | ||
| Dividend Share | 0.0000 | |
| Dividend Yield | ||
| Valuations | ||
| Trailing PE | 26.5000 | |
| Forward PE | 28.9017 | |
| Price Sales (TTM) | 0.0000 | |
| Price Book (MRQ) | 0.7135 | |
| Revenue Enterprise Value | 2.9400 | |
| EBITDA Enterprise Value | 18.6300 | |
| Shares | ||
| Shares Outstanding | 111,120,000 | |
| Shares Float | 107,614,566 | |
| Shares Short | 0 | |
| Shares Short (Prior Month) | 0 | |
| Shares Ratio | 0.00 | |
| Short Outstanding (%) | 0.00 | |
| Short Float (%) | 0.02 | |
| Insider (%) | 2.95 | |
| Institutions (%) | 75.77 | |
11/05 06:15 EST - fool.com
This Small-Cap Stock Is Up 63% in 2024. Here's Why a Historic Opportunity Could Send It Even Higher.
Consumers have racked up record credit card debt. Falling interest rates could benefit this company in a huge way.
This Small-Cap Stock Is Up 63% in 2024. Here's Why a Historic Opportunity Could Send It Even Higher.
Consumers have racked up record credit card debt. Falling interest rates could benefit this company in a huge way.
10/25 13:00 EST - zacks.com
LendingClub (LC) Is Up 2.01% in One Week: What You Should Know
Does LendingClub (LC) have what it takes to be a top stock pick for momentum investors? Let's find out.
LendingClub (LC) Is Up 2.01% in One Week: What You Should Know
Does LendingClub (LC) have what it takes to be a top stock pick for momentum investors? Let's find out.
10/24 11:33 EST - barrons.com
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.
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.
10/24 09:03 EST - seekingalpha.com
LendingClub Q3 Earnings: A Turnaround Stock As Interest Rates Decline (Upgrade)
I believe LendingClub's Q3 2024 earnings report was a solid, and the market rewarded it with a 6% increase in its share price. The company is capitalizing on favorable market conditions with consistent loan origination growth and a strategic $1.3 billion loan portfolio acquisition. I am confident that LendingClub's strong loan origination growth, recent loan portfolio acquisition, and improved return on assets make it well-positioned for a turnaround.
LendingClub Q3 Earnings: A Turnaround Stock As Interest Rates Decline (Upgrade)
I believe LendingClub's Q3 2024 earnings report was a solid, and the market rewarded it with a 6% increase in its share price. The company is capitalizing on favorable market conditions with consistent loan origination growth and a strategic $1.3 billion loan portfolio acquisition. I am confident that LendingClub's strong loan origination growth, recent loan portfolio acquisition, and improved return on assets make it well-positioned for a turnaround.
10/23 21:39 EST - pymnts.com
LendingClub Loan Originations Surge 27% as Consumers Look to Consolidate Debt
LendingClub's latest quarterly results show an acceleration of loan originations, and banks have moved back to the company's platform as consumers look for ways to consolidate and pay down debt — particularly credit card debt. The company's earnings supplementals indicated that loan originations were up 6% sequentially to $1.
LendingClub Loan Originations Surge 27% as Consumers Look to Consolidate Debt
LendingClub's latest quarterly results show an acceleration of loan originations, and banks have moved back to the company's platform as consumers look for ways to consolidate and pay down debt — particularly credit card debt. The company's earnings supplementals indicated that loan originations were up 6% sequentially to $1.
10/23 21:11 EST - seekingalpha.com
LendingClub Corporation (LC) Q3 2024 Earnings Call Transcript
LendingClub Corporation (NYSE:LC ) Q3 2024 Earnings Conference Call October 23, 2024 5:00 PM ET Company Participants Artem Nalivayko - Head, IR Scott Sanborn - CEO Drew LaBenne - CFO Conference Call Participants Tim Switzer - KBW Vincent Caintic - BTIG Giuliano Bologna - Compass Point John Hecht - Jefferies Brad Capuzzi - Piper Sandler Reggie Smith - JP Morgan Operator Good afternoon. Thank you for attending today's LendingClub Third Quarter 2024 Earnings Conference Call.
LendingClub Corporation (LC) Q3 2024 Earnings Call Transcript
LendingClub Corporation (NYSE:LC ) Q3 2024 Earnings Conference Call October 23, 2024 5:00 PM ET Company Participants Artem Nalivayko - Head, IR Scott Sanborn - CEO Drew LaBenne - CFO Conference Call Participants Tim Switzer - KBW Vincent Caintic - BTIG Giuliano Bologna - Compass Point John Hecht - Jefferies Brad Capuzzi - Piper Sandler Reggie Smith - JP Morgan Operator Good afternoon. Thank you for attending today's LendingClub Third Quarter 2024 Earnings Conference Call.
10/23 21:01 EST - zacks.com
LendingClub (LC) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
The headline numbers for LendingClub (LC) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
LendingClub (LC) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
The headline numbers for LendingClub (LC) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
10/23 18:21 EST - zacks.com
LendingClub (LC) Beats Q3 Earnings and Revenue Estimates
LendingClub (LC) came out with quarterly earnings of $0.13 per share, beating the Zacks Consensus Estimate of $0.07 per share. This compares to earnings of $0.05 per share a year ago.
LendingClub (LC) Beats Q3 Earnings and Revenue Estimates
LendingClub (LC) came out with quarterly earnings of $0.13 per share, beating the Zacks Consensus Estimate of $0.07 per share. This compares to earnings of $0.05 per share a year ago.
10/23 16:06 EST - prnewswire.com
LendingClub Reports Third Quarter 2024 Results
Originations and Revenue Growth Supported by Return of Bank Buyers Total Assets Grew 25% Year to Date Driven by $1.3 Billion Purchase of LendingClub Loans Acquired Tally's Technology in October to Accelerate Product Roadmap SAN FRANCISCO , Oct. 23, 2024 /PRNewswire/ -- LendingClub Corporation (NYSE: LC), the parent company of LendingClub Bank, America's leading digital marketplace bank, today announced financial results for the third quarter ended September 30, 2024. "We had a standout quarter, with credit outperformance and the return of bank buyers driving improved loan sales pricing, our capital strategy delivering a 25% larger balance sheet year to date, and strong financial performance translating to a meaningful improvement in book value per common share over the past 12 months," said Scott Sanborn, LendingClub CEO.
LendingClub Reports Third Quarter 2024 Results
Originations and Revenue Growth Supported by Return of Bank Buyers Total Assets Grew 25% Year to Date Driven by $1.3 Billion Purchase of LendingClub Loans Acquired Tally's Technology in October to Accelerate Product Roadmap SAN FRANCISCO , Oct. 23, 2024 /PRNewswire/ -- LendingClub Corporation (NYSE: LC), the parent company of LendingClub Bank, America's leading digital marketplace bank, today announced financial results for the third quarter ended September 30, 2024. "We had a standout quarter, with credit outperformance and the return of bank buyers driving improved loan sales pricing, our capital strategy delivering a 25% larger balance sheet year to date, and strong financial performance translating to a meaningful improvement in book value per common share over the past 12 months," said Scott Sanborn, LendingClub CEO.
10/15 09:24 EST - seekingalpha.com
LendingClub: Bullish Ahead Of Q3 Earnings
Goldilocks macro backdrop provides tailwinds to LC's business model. Lower rates translate to higher marketplace volumes and margins. Asset Managers and Bank Investors are expected to come back to the platform en masse.
LendingClub: Bullish Ahead Of Q3 Earnings
Goldilocks macro backdrop provides tailwinds to LC's business model. Lower rates translate to higher marketplace volumes and margins. Asset Managers and Bank Investors are expected to come back to the platform en masse.
10/09 13:46 EST - pymnts.com
LendingClub and Pagaya Acquire Tally's Credit Card Management Tech
LendingClub and AI lending network Pagaya have acquired Tally Technologies' intellectual property. Tally, a FinTech that helped consumers manage credit card debt, closed its doors in August.
LendingClub and Pagaya Acquire Tally's Credit Card Management Tech
LendingClub and AI lending network Pagaya have acquired Tally Technologies' intellectual property. Tally, a FinTech that helped consumers manage credit card debt, closed its doors in August.
10/09 09:00 EST - prnewswire.com
LendingClub & Pagaya Acquire Assets of Tally Technologies
LendingClub to leverage Tally's credit management solutions to benefit the bank's 5 million members Pagaya adds Tally's B2B credit management solution to its product suite offering for its over 30 lending partners SAN FRANCISCO and NEW YORK , Oct. 9, 2024 /PRNewswire/ -- LendingClub Corporation (NYSE: LC), operator of America's leading digital marketplace bank, and Pagaya Technologies LTD (NASDAQ: PGY), a global technology company delivering AI-driven product solutions for the financial ecosystem, today announced that they partnered together to acquire the intellectual property behind Tally Technologies, Inc. ("Tally"). Tally's innovative technology simplified credit card management, helping users optimize payments, reduce interest, and improve credit health.
LendingClub & Pagaya Acquire Assets of Tally Technologies
LendingClub to leverage Tally's credit management solutions to benefit the bank's 5 million members Pagaya adds Tally's B2B credit management solution to its product suite offering for its over 30 lending partners SAN FRANCISCO and NEW YORK , Oct. 9, 2024 /PRNewswire/ -- LendingClub Corporation (NYSE: LC), operator of America's leading digital marketplace bank, and Pagaya Technologies LTD (NASDAQ: PGY), a global technology company delivering AI-driven product solutions for the financial ecosystem, today announced that they partnered together to acquire the intellectual property behind Tally Technologies, Inc. ("Tally"). Tally's innovative technology simplified credit card management, helping users optimize payments, reduce interest, and improve credit health.
10/04 05:45 EST - fool.com
The Federal Reserve Is Cutting Interest Rates: 3 Stocks to Buy Today
With interest rates set to fall over the next year, these three stocks could be smart buys today.
The Federal Reserve Is Cutting Interest Rates: 3 Stocks to Buy Today
With interest rates set to fall over the next year, these three stocks could be smart buys today.
10/03 16:10 EST - prnewswire.com
LendingClub Schedules Third Quarter 2024 Earnings Release and Conference Call
SAN FRANCISCO , Oct. 3, 2024 /PRNewswire/ --Â LendingClub Corporation (NYSE:Â LC), the parent company of LendingClub Bank, America's leading digital marketplace bank, announced that it will report earnings for the third quarter 2024 after the market closes on Wednesday, October 23, 2024. LendingClub will host a conference call to discuss the third quarter 2024 financial results at 2:00 p.m.
LendingClub Schedules Third Quarter 2024 Earnings Release and Conference Call
SAN FRANCISCO , Oct. 3, 2024 /PRNewswire/ --Â LendingClub Corporation (NYSE:Â LC), the parent company of LendingClub Bank, America's leading digital marketplace bank, announced that it will report earnings for the third quarter 2024 after the market closes on Wednesday, October 23, 2024. LendingClub will host a conference call to discuss the third quarter 2024 financial results at 2:00 p.m.
09/30 08:39 EST - seekingalpha.com
Why LendingClub Is Currently My Favorite Value Stock
LendingClub, now a bank holding company, excels in proprietary data analysis, resulting in superior loan portfolios and high customer satisfaction ratings. The company's mobile app boosts member engagement, leading to repeat loans with near-zero acquisition costs and better credit performance. Declining interest rates and record-high credit card debt present significant growth opportunities for LendingClub's loan refinancing products.
Why LendingClub Is Currently My Favorite Value Stock
LendingClub, now a bank holding company, excels in proprietary data analysis, resulting in superior loan portfolios and high customer satisfaction ratings. The company's mobile app boosts member engagement, leading to repeat loans with near-zero acquisition costs and better credit performance. Declining interest rates and record-high credit card debt present significant growth opportunities for LendingClub's loan refinancing products.
09/18 13:50 EST - businesswire.com
The Federal Home Loan Bank of Pittsburgh Relocates Headquarters; New Address Effective Oct. 15, 2024
PITTSBURGH--(BUSINESS WIRE)--FHLBank Pittsburgh will relocate our headquarters at close-of-business on Friday, Oct. 11, 2024, to 301 Grant Street, Suite 2000, Pittsburgh, PA 15219.
The Federal Home Loan Bank of Pittsburgh Relocates Headquarters; New Address Effective Oct. 15, 2024
PITTSBURGH--(BUSINESS WIRE)--FHLBank Pittsburgh will relocate our headquarters at close-of-business on Friday, Oct. 11, 2024, to 301 Grant Street, Suite 2000, Pittsburgh, PA 15219.
09/10 15:46 EST - zacks.com
Grab 5 Fintech Industry Stocks for Long-Term Gains
Five fintech stocks that have seen double-digit EPS growth projection for next year. These are: PYPL, AFRM, FIS, LC, SOFI.
Grab 5 Fintech Industry Stocks for Long-Term Gains
Five fintech stocks that have seen double-digit EPS growth projection for next year. These are: PYPL, AFRM, FIS, LC, SOFI.
09/04 13:01 EST - zacks.com
LendingClub (LC) Upgraded to Strong Buy: What Does It Mean for the Stock?
LendingClub (LC) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
LendingClub (LC) Upgraded to Strong Buy: What Does It Mean for the Stock?
LendingClub (LC) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
08/22 16:10 EST - prnewswire.com
LendingClub Bank Launches LevelUp Savings
Members Who Regularly Save Are Rewarded With a 5.30% Annual Percentage Yield (APY) SAN FRANCISCO , Aug. 22, 2024 /PRNewswire/ -- LendingClub Bank, America's leading digital marketplace bank and a subsidiary of LendingClub Corporation (NYSE: LC), announced the launch of LevelUp Savings, a high-yield savings account that rewards members with competitive rates for making ongoing monthly deposit contributions. "We're excited to offer LevelUp Savings, an all-new deposit product that rewards members who regularly engage with us, while still allowing us the flexibility to manage funding costs as Fed rate policy eases," said Scott Sanborn, LendingClub CEO.
LendingClub Bank Launches LevelUp Savings
Members Who Regularly Save Are Rewarded With a 5.30% Annual Percentage Yield (APY) SAN FRANCISCO , Aug. 22, 2024 /PRNewswire/ -- LendingClub Bank, America's leading digital marketplace bank and a subsidiary of LendingClub Corporation (NYSE: LC), announced the launch of LevelUp Savings, a high-yield savings account that rewards members with competitive rates for making ongoing monthly deposit contributions. "We're excited to offer LevelUp Savings, an all-new deposit product that rewards members who regularly engage with us, while still allowing us the flexibility to manage funding costs as Fed rate policy eases," said Scott Sanborn, LendingClub CEO.
08/19 05:10 EST - seekingalpha.com
LendingClub: Levered Play On Soft Landing
LendingClub has outperformed SoFi Technologies by 23% since June 17th. LendingClub's balance sheet is mainly comprised of fixed-yield loan assets that would benefit from lower interest rates and avoiding a recession. The marketplace segment of LendingClub is expected to experience significant revenue growth in a soft landing scenario, potentially leading to a substantial increase in the stock price.
LendingClub: Levered Play On Soft Landing
LendingClub has outperformed SoFi Technologies by 23% since June 17th. LendingClub's balance sheet is mainly comprised of fixed-yield loan assets that would benefit from lower interest rates and avoiding a recession. The marketplace segment of LendingClub is expected to experience significant revenue growth in a soft landing scenario, potentially leading to a substantial increase in the stock price.