Summary
11.19 -0.34(-2.91%)09/20/2024
LendingClub Corp (LC)
LendingClub Corp (LC)
Key Facts
| 1 Day | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 5 Years | All Time |
| -2.91 | 3.04 | -0.75 | 39.03 | 35.74 | 74.49 | -22.38 | -90.45 |
Last 730 data points are shown. To view all data, Upgrade to PRO plan with only $1
| Trading Data | ||
| Close | 11.19 | |
| Open | 11.37 | |
| High | 11.45 | |
| Low | 11.12 | |
| Volume | 1,239,706 | |
| Change | -0.34 | |
| Change % | -2.91 | |
| Avg Volume (20 Days) | 1,027,783 | |
| Volume/Avg Volume (20 Days) Ratio | 1.21 | |
| 52 Week Range | 4.73 - 12.87 | |
| Price vs 52 Week High | -13.09% | |
| Price vs 52 Week Low | 136.47% | |
| Range | -1.63 | |
| Gap Up/Down | -0.27 | |
Fundamentals | ||
| Market Capitalization (Mln) | 1,288 | |
| 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 | |
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.
08/13 09:00 EST - prnewswire.com
Nearly 50% of Americans Unaware Federal Interest Rate Hikes Raised Their Credit Card APR by Over 5 Percentage Points
SAN FRANCISCO , Aug. 13, 2024 /PRNewswire/ -- LendingClub Corporation (NYSE: LC), the parent company of LendingClub Bank, America's leading digital marketplace bank, has released new data revealing a surprising lack of consumer awareness regarding the true cost of their credit card debt in today's high interest rate environment. LendingClub conducted a national survey of 1,013 consumers from May 13 to May 21 to understand the trends and opinions on credit card usage and debt management.
Nearly 50% of Americans Unaware Federal Interest Rate Hikes Raised Their Credit Card APR by Over 5 Percentage Points
SAN FRANCISCO , Aug. 13, 2024 /PRNewswire/ -- LendingClub Corporation (NYSE: LC), the parent company of LendingClub Bank, America's leading digital marketplace bank, has released new data revealing a surprising lack of consumer awareness regarding the true cost of their credit card debt in today's high interest rate environment. LendingClub conducted a national survey of 1,013 consumers from May 13 to May 21 to understand the trends and opinions on credit card usage and debt management.
08/13 04:14 EST - fool.com
When Interest Rates Come Down, This Fintech Is Primed to Take Off
Fintech marketplaces were about the worst-hit sector from two years of rate hikes. But they have the potential to recover quickest in a "soft landing" scenario.
When Interest Rates Come Down, This Fintech Is Primed to Take Off
Fintech marketplaces were about the worst-hit sector from two years of rate hikes. But they have the potential to recover quickest in a "soft landing" scenario.
08/09 06:20 EST - investorplace.com
7 Stocks Set to Explode in August 2024
Understanding business fundamentals is crucial for identifying the best stocks. In August 2024, seven companies across various sectors stand out due to their solid attributes.
7 Stocks Set to Explode in August 2024
Understanding business fundamentals is crucial for identifying the best stocks. In August 2024, seven companies across various sectors stand out due to their solid attributes.
08/06 10:55 EST - zacks.com
How Much Upside is Left in LendingClub (LC)? Wall Street Analysts Think 30.92%
The consensus price target hints at a 30.9% upside potential for LendingClub (LC). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.
How Much Upside is Left in LendingClub (LC)? Wall Street Analysts Think 30.92%
The consensus price target hints at a 30.9% upside potential for LendingClub (LC). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.
08/01 13:00 EST - zacks.com
What Makes LendingClub (LC) a New Strong Buy 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.
What Makes LendingClub (LC) a New Strong Buy 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.
08/01 13:00 EST - zacks.com
Are You Looking for a Top Momentum Pick? Why LendingClub (LC) is a Great Choice
Does LendingClub (LC) have what it takes to be a top stock pick for momentum investors? Let's find out.
Are You Looking for a Top Momentum Pick? Why LendingClub (LC) is a Great Choice
Does LendingClub (LC) have what it takes to be a top stock pick for momentum investors? Let's find out.
07/30 20:54 EST - seekingalpha.com
LendingClub Corporation (LC) Q2 2024 Earnings Call Transcript
LendingClub Corporation (NYSE:LC ) Q2 2024 Earnings Conference Call July 30, 2024 5:00 PM ET Company Participants Artem Nalivayko - Head, Investor Relations Scott Sanborn - Chief Executive Officer Drew LaBenne - Chief Financial Officer Conference Call Participants Giuliano Bologna - Compass Point Vincent Caintic - BTIG Bill Ryan - Seaport Research Partners David Chiaverini - Wedbush Securities Reggie Smith - JPMorgan Brad Capuzzi - Piper Sandler Tim Switzer - KBW Operator Good afternoon. Thank you for attending today's LendingClub 2Q '24 Earnings Conference Call.
LendingClub Corporation (LC) Q2 2024 Earnings Call Transcript
LendingClub Corporation (NYSE:LC ) Q2 2024 Earnings Conference Call July 30, 2024 5:00 PM ET Company Participants Artem Nalivayko - Head, Investor Relations Scott Sanborn - Chief Executive Officer Drew LaBenne - Chief Financial Officer Conference Call Participants Giuliano Bologna - Compass Point Vincent Caintic - BTIG Bill Ryan - Seaport Research Partners David Chiaverini - Wedbush Securities Reggie Smith - JPMorgan Brad Capuzzi - Piper Sandler Tim Switzer - KBW Operator Good afternoon. Thank you for attending today's LendingClub 2Q '24 Earnings Conference Call.
07/30 20:19 EST - pymnts.com
LendingClub Sees Traction Building ‘Lifetime Lending Relationships'
LendingClub's latest results noted growth in loan originations, a surge in repeat business — and cross-pollination efforts that management said reflect the ability to deepen, and lengthen, customer relationships. CEO Scott Sanborn noted on the conference call with analysts that originations were up 10% to more than $1.8 billion.
LendingClub Sees Traction Building ‘Lifetime Lending Relationships'
LendingClub's latest results noted growth in loan originations, a surge in repeat business — and cross-pollination efforts that management said reflect the ability to deepen, and lengthen, customer relationships. CEO Scott Sanborn noted on the conference call with analysts that originations were up 10% to more than $1.8 billion.
07/30 18:36 EST - zacks.com
LendingClub (LC) Surpasses Q2 Earnings and Revenue Estimates
LendingClub (LC) came out with quarterly earnings of $0.13 per share, beating the Zacks Consensus Estimate of $0.04 per share. This compares to earnings of $0.09 per share a year ago.
LendingClub (LC) Surpasses Q2 Earnings and Revenue Estimates
LendingClub (LC) came out with quarterly earnings of $0.13 per share, beating the Zacks Consensus Estimate of $0.04 per share. This compares to earnings of $0.09 per share a year ago.
07/30 16:06 EST - prnewswire.com
LendingClub Reports Second Quarter 2024 Results
10% Sequential Originations Growth Strong Balance Sheet Growth with Stable Net Interest Margin Drives Increase in Revenue SAN FRANCISCO , July 30, 2024 /PRNewswire/ -- LendingClub Corporation (NYSE: LC), the parent company of LendingClub Bank, America's leading digital marketplace bank, today announced financial results for the second quarter ended June 30, 2024. "Our second quarter results mark an inflection point, with our business calibrated to the current rate environment and positioned to accelerate as conditions improve," said Scott Sanborn, LendingClub CEO.
LendingClub Reports Second Quarter 2024 Results
10% Sequential Originations Growth Strong Balance Sheet Growth with Stable Net Interest Margin Drives Increase in Revenue SAN FRANCISCO , July 30, 2024 /PRNewswire/ -- LendingClub Corporation (NYSE: LC), the parent company of LendingClub Bank, America's leading digital marketplace bank, today announced financial results for the second quarter ended June 30, 2024. "Our second quarter results mark an inflection point, with our business calibrated to the current rate environment and positioned to accelerate as conditions improve," said Scott Sanborn, LendingClub CEO.
07/25 11:38 EST - marketbeat.com
Top 3 Small Cap Stocks Emerging as Rotation Winners
Investors who remained heavily invested in the technology sector should start watching the broader market's behavior today, as names in artificial intelligence like NVIDIA Co. NASDAQ: NVDA are potentially coming out of favor. A rotation into other areas and asset classes has started in the past couple of weeks, and riding the momentum could prove beneficial for most today.
Top 3 Small Cap Stocks Emerging as Rotation Winners
Investors who remained heavily invested in the technology sector should start watching the broader market's behavior today, as names in artificial intelligence like NVIDIA Co. NASDAQ: NVDA are potentially coming out of favor. A rotation into other areas and asset classes has started in the past couple of weeks, and riding the momentum could prove beneficial for most today.
07/24 06:02 EST - investorplace.com
3 Fintech Stocks to Buy on the Dip: July 2024
Money runs the world, and innovative companies built to handle money are almost always assured of success. Fintech, the intersection between traditional finance and technology, is a particularly winning recipe for companies.
3 Fintech Stocks to Buy on the Dip: July 2024
Money runs the world, and innovative companies built to handle money are almost always assured of success. Fintech, the intersection between traditional finance and technology, is a particularly winning recipe for companies.
07/18 15:08 EST - investorplace.com
7 Innovative Tech Stocks to Buy Before It's Too Late
Fundamentally, the case for innovative tech stocks to buy is quite straightforward: rational societies seek to advance in knowledge and productivity. Therefore, an incentive exists for government agencies to bolster their nations' technological ecosystems.
7 Innovative Tech Stocks to Buy Before It's Too Late
Fundamentally, the case for innovative tech stocks to buy is quite straightforward: rational societies seek to advance in knowledge and productivity. Therefore, an incentive exists for government agencies to bolster their nations' technological ecosystems.
07/11 16:10 EST - prnewswire.com
LendingClub Schedules Second Quarter 2024 Earnings Release and Conference Call
SAN FRANCISCO , July 11, 2024 /PRNewswire/ -- LendingClub Corporation (NYSE: LC), the parent company of LendingClub Bank, America's leading digital marketplace bank, announced that it will report earnings for the second quarter 2024 after the market closes on Tuesday, July 30, 2024. LendingClub will host a conference call to discuss the second quarter 2024 financial results at 2:00 p.m.
LendingClub Schedules Second Quarter 2024 Earnings Release and Conference Call
SAN FRANCISCO , July 11, 2024 /PRNewswire/ -- LendingClub Corporation (NYSE: LC), the parent company of LendingClub Bank, America's leading digital marketplace bank, announced that it will report earnings for the second quarter 2024 after the market closes on Tuesday, July 30, 2024. LendingClub will host a conference call to discuss the second quarter 2024 financial results at 2:00 p.m.
07/03 06:06 EST - investorplace.com
3 Financial Stocks to Sell in July Before They Crash & Burn
Over the last several years financial stocks have gone through a roller coaster, experiencing both periods where investors are looking to buy and to sell. We are currently in one of the upswings in the sector.
3 Financial Stocks to Sell in July Before They Crash & Burn
Over the last several years financial stocks have gone through a roller coaster, experiencing both periods where investors are looking to buy and to sell. We are currently in one of the upswings in the sector.