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LC

LendingClub Corp

LC

6.85USD+0.15 (+2.24%)Market Closed
Watchlist

Market Summary

USD6.85+0.15
Market Closed
2.24%

LC Alerts

  • 12 major insider buys recently.
  • Big fall in Revenue (Y/Y)

LC Stock Price

View Fullscreen

LC RSI Chart

LC Valuation

Market Cap

734.6M

Price/Earnings (Trailing)

3.87

Price/Sales (Trailing)

0.78

EV/EBITDA

-0.91

Price/Free Cashflow

-2.09

LC Price/Sales (Trailing)

LC Profitability

EBT Margin

17.01%

Return on Equity

24.33%

Return on Assets

3.31%

Free Cashflow Yield

-47.85%

LC Fundamentals

LC Revenue

Revenue (TTM)

941.7M

Revenue Y/Y

-34.13%

Revenue Q/Q

-13.6%

LC Earnings

Earnings (TTM)

289.7M

Price Action

52 Week Range

5.6010.92
(Low)(High)

Last 7 days

5.0%

Last 30 days

16.9%

Last 90 days

-2.2%

Trailing 12 Months

-29.9%

How does LC drawdown profile look like?

LC Financial Health

LC Investor Care

Shares Dilution (1Y)

5.21%

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20231.1B1.0B941.7M0
20221.0B1.1B1.2B1.2B
2021292.7M456.8M631.9M818.6M
2020715.4M564.9M431.1M318.1M
2019717.6M731.4M751.6M758.6M
2018601.9M621.6M654.8M694.8M
2017679.8M657.4M637.0M611.3M
2016617.4M666.5M692.6M696.7M
2015394.9M440.2M492.0M553.0M
2014228.2M272.4M315.0M354.5M
201389.2M116.7M149.6M187.5M
201236.4M44.8M56.8M69.5M
201112.6M14.8M16.8M24.0M
20100000

Latest Insider Trading transactions for LC

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Nov 30, 2023
labenne andrew
gifted
-
-
6,000
chief financial officer
Nov 30, 2023
labenne andrew
gifted
-
-
-6,000
chief financial officer
Nov 25, 2023
stack fergal
acquired
-
-
18,303
svp, corporate controller
Nov 25, 2023
sanborn scott
acquired
-
-
48,450
ceo
Nov 25, 2023
stack fergal
sold (taxes)
-40,414
5.61
-7,204
svp, corporate controller
Nov 25, 2023
cheng jordan
sold (taxes)
-46,995
5.61
-8,377
general counsel & secretary
Nov 25, 2023
cheng jordan
acquired
-
-
19,034
general counsel & secretary
Nov 25, 2023
labenne andrew
acquired
-
-
30,854
chief financial officer
Nov 25, 2023
labenne andrew
sold (taxes)
-89,142
5.61
-15,890
chief financial officer
Nov 25, 2023
armstrong annie
acquired
-
-
41,292
chief risk officer

1–10 of 50

Which funds bought or sold LC recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Nov 24, 2023
DEUTSCHE BANK AG\
added
15.00
-118,139
302,993
-%
Nov 21, 2023
Walleye Capital LLC
new
-
236,643
236,643
-%
Nov 21, 2023
Walleye Trading LLC
new
-
71,834
71,834
-%
Nov 21, 2023
COMERICA BANK
new
-
1,507
1,507
-%
Nov 17, 2023
JACOBS LEVY EQUITY MANAGEMENT, INC
added
526
8,563,510
11,497,000
0.07%
Nov 16, 2023
Creative Planning
sold off
-100
-145,312
-
-%
Nov 15, 2023
TCW GROUP INC
reduced
-8.63
-2,895,000
3,863,810
0.05%
Nov 15, 2023
WOLVERINE TRADING, LLC
new
-
89,042
89,042
-%
Nov 15, 2023
GSA CAPITAL PARTNERS LLP
added
187
446,000
1,004,000
0.09%
Nov 15, 2023
Tudor Investment Corp Et Al
added
4.07
-239,463
446,849
-%

1–10 of 37

Latest Funds Activity

Are funds buying LC calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own LC
No. of Funds

Schedule 13G FIlings of LendingClub Corp

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 09, 2023
vanguard group inc
13.53%
14,214,601
SC 13G/A
Jan 30, 2023
blackrock inc.
7.8%
8,188,147
SC 13G/A
Jun 09, 2022
vanguard group inc
10.44%
10,668,266
SC 13G/A
Feb 11, 2022
jackson square partners, llc
7.59%
7,578,664
SC 13G
Feb 03, 2022
blackrock inc.
6.9%
6,883,607
SC 13G/A
Feb 16, 2021
ark investment management llc
8.15%
7,455,162
SC 13G/A
Feb 11, 2021
nikko asset management americas, inc.
4.97%
4,548,260
SC 13G/A
Feb 11, 2021
morgan stanley
4.6%
4,183,123
SC 13G/A
Feb 10, 2021
vanguard group inc
6.39%
5,845,275
SC 13G/A
Feb 05, 2021
sumitomo mitsui trust holdings, inc.
4.97%
4,548,260
SC 13G/A

Recent SEC filings of LendingClub Corp

View All Filings
Date Filed Form Type Document
Dec 04, 2023
4
Insider Trading
Nov 30, 2023
144
Notice of Insider Sale Intent
Nov 28, 2023
4
Insider Trading
Nov 28, 2023
4
Insider Trading
Nov 28, 2023
4
Insider Trading
Nov 28, 2023
4
Insider Trading
Nov 28, 2023
4
Insider Trading
Nov 28, 2023
4
Insider Trading
Nov 21, 2023
4
Insider Trading
Nov 02, 2023
4
Insider Trading

Peers (Alternatives to LendingClub Corp)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
386.3B
24.4B
6.30% 18.11%
35.34
15.85
12.62% 11.70%
122.2B
58.9B
9.54% 8.33%
15.25
2.07
15.86% 4.59%
64.3B
29.1B
8.99% -17.58%
17.08
2.21
7.67% 63.77%
43.3B
40.0B
7.89% 20.99%
4.8
1.08
38.19% 82.75%
27.5B
16.8B
16.33% -2.56%
6.66
1.94
43.26% -18.18%
MID-CAP
8.9B
13.4B
11.42% 16.56%
7.29
0.66
37.40% -41.48%
5.6B
1.9B
4.28% -2.03%
17.6
3.01
1.78% -48.92%
4.5B
3.0B
2.76% 24.15%
16.54
1.59
22.88% 13.30%
4.3B
4.4B
1.11% -14.67%
5.79
0.99
-5.82% -9.83%
3.1B
1.1B
-6.47% -13.26%
23.7
2.7
-3.84% -74.30%
SMALL-CAP
1.3B
2.0B
3.35% 11.23%
6.94
0.66
25.20% -6.81%
452.6M
1.1B
- 12.16%
4.5
0.41
12.14% -37.78%
171.2M
343.1M
-16.13% -2.52%
3.27
0.5
8.54% -42.42%
30.6M
803.8M
-19.78% -79.26%
-0.07
0.04
-22.19% -1364.54%
3.1M
7.4M
44.44% -57.61%
-0.86
0.42
-49.97% -169.52%

LendingClub Corp News

Latest updates
Stocks Register06 Dec 202305:02 pm28 hours ago
Investing.com UK04 Dec 202306:17 pm3 days ago
InvestorsObserver28 Nov 202303:45 pm9 days ago
Investing.com India25 Oct 202307:00 am43 days ago
Morningstar12 Oct 202307:00 am56 days ago
Barchart07 Aug 202307:00 am4 months ago
MarketWatch26 Jul 202307:00 am4 months ago
Barchart26 Jul 202307:00 am4 months ago
Fox Business02 Jul 202307:00 am5 months ago
Equities News13 Jun 202307:00 am5 months ago
Bloomberg26 Apr 202307:00 am7 months ago
Fox Business31 Jan 202308:00 am10 months ago
Bloomberg25 Jan 202308:00 am10 months ago
Reuters12 Jan 202308:00 am10 months ago

Financials for LendingClub Corp

Income Statement (Last 12 Months)
Income Statement (Quarterly)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Revenue-13.6%200,849,000232,470,000245,694,000262,708,000304,913,000330,058,000289,537,000262,243,000246,166,000204,381,000105,840,00075,496,00071,044,00040,358,000131,186,000188,486,000204,896,000190,807,000174,418,000181,521,000184,645,000
Operating Expenses------------102,893,000109,112,000122,340,000167,974,000188,112,000205,191,000201,877,000194,318,000194,915,000207,432,000
  S&GA Expenses------------13,347,0007,201,0008,723,00049,784,00067,222,00076,255,00069,323,00066,623,00068,353,00073,601,000
  R&D Expenses------------29,189,00031,984,00039,167,00038,710,00041,080,00041,455,00043,299,00042,546,00039,552,00041,216,000
EBITDA Margin---0.940.940.821.010.580.300.230.07-0.31-0.57-0.14-0.08-0.02-0.02-----
Interest Expenses-6.6%137,005,000146,652,000146,704,000135,243,000123,676,000116,226,00099,680,00083,132,00065,288,00045,905,00018,506,00093,937,00013,294,00018,937,00024,198,000-17,119,000-8,868,000-10,328,000-9,917,000-2,917,0005,318,000
Income Taxes-29.0%3,327,0004,686,0004,136,000-2,443,500-7,200,000-132,000,0005,000,000-234,0002,682,000237,000-2,821,000-301,500-74,000-319,000140,00097,000-438,000-18,000-38,000
Earnings Before Taxes-43.7%8,335,00014,796,00017,802,00021,152,00035,955,00050,106,00045,824,00028,874,00029,867,0009,608,000-49,905,000-26,979,000-34,399,000-78,471,000-47,768,000374,000-295,000-11,070,000-19,900,000-13,394,000-22,787,000
EBT Margin---0.170.210.210.320.16-0.06-0.07-0.26-0.67-0.60-0.38-0.23-0.08-0.04-----
Net Income-------------26,655,000-34,325,000-78,471,000-48,087,000234,000-383,000-10,661,000-19,935,000-13,462,000-22,804,000
Net Income Margin---0.390.41-0.020.030.03---0.67-0.60-0.38-0.23-0.08-0.04-0.06-0.09---
Free Cashflow---98,094,00018,528,00092,962,000175,499,00019,098,000111,604,00076,216,00075,367,000-57,731,00046,510,000414,324,000153,932,000-227,882,000-157,604,000-----
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Assets1.6%8,4728,3438,7547,9806,7756,1875,5744,9004,7514,3704,4911,8631,9792,4532,7852,9823,0503,0673,4173,8203,590
    Cash Equivalents9.0%1,3501,2391,6841,1241,0191,1021,114764940693971628544473434487475501570644551
  Net PPE5.4%16015214413613012011298.0096.0095.0095.0097.00101107116114117120118114111
  Goodwill0%76.0076.0076.0076.0076.0076.0076.0076.0076.0076.0076.00----------
Liabilities1.8%7,2647,1377,5636,8155,6545,1084,6874,0503,9463,6083,7581,1391,2461,7061,9882,0822,1622,1932,5512,9492,722
  Short Term Borrowings----3.005.008.0013.0028.0046.0069.0090.00105---------
Shareholder's Equity0.2%1,2081,2061,1911,1641,1211,079887850805762733724734746797900888874866871868
  Retained Earnings1.2%-398-403-414-427-451-494-676-717-796-823-833-786-759-725-646-548-548-548-537-517-504
  Additional Paid-In Capital0.8%1,6601,6481,6371,6291,6121,5941,5761,5601,5951,5811,5641,5081,4941,4781,4641,4681,4551,4391,4171,4051,385
Shares Outstanding0.9%11010910710710410310110110099.0097.0088.0077.0071.0070.0089.0088.0087.0086.0086.0085.00
Minority Interest------------------1.001.002.002.00
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Cashflow From Operations-277.6%-344-91.3611433.0011019141.0012286.0084.00-51.3753.00419162-216-109-206-120166-377-49.67
  Share Based Compensation-9.0%14.0016.0012.0016.0017.0018.0016.0017.0017.0018.0015.0014.0015.0014.0018.0017.0018.0021.0018.0018.0020.00
Cashflow From Investing314.9%32679.00-336-1,114-712-621-360-379-180-182288115135172143164143185161218204
Cashflow From Financing130.2%131-4327821,18752041967081.00342-179106-83.74-483-29420.00-42.0938.00-134-401252-259
  Dividend Payments---------------50.00------

LC Income Statement

2023-09-30
Condensed Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Non-interest income:    
Marketplace revenue$ 60,886$ 173,837$ 239,303$ 560,187
Other non-interest income2,9587,4009,34924,739
Total non-interest income63,844181,237248,652584,926
Interest income:    
Interest on loans held for sale9,5825,87919,77220,459
Interest and fees on loans and leases held for investment158,960124,028471,512324,381
Interest on loans held for investment at fair value11,78879160,3722,015
Interest on retail and certificate loans held for investment at fair value8173,6853,69415,745
Interest on securities available for sale9,4673,82019,31512,757
Other interest income16,7985,01749,6467,984
Total interest income207,412143,220624,311383,341
Interest expense:    
Interest on deposits69,50915,184189,30324,700
Interest on retail notes, certificates and secured borrowings8173,6853,69415,745
Other interest expense816759533,314
Total interest expense70,40719,544193,95043,759
Net interest income137,005123,676430,361339,582
Total net revenue200,849304,913679,013924,508
Provision for credit losses64,47982,739201,658205,814
Non-interest expense:    
Compensation and benefits58,49784,916203,357251,629
Marketing19,55546,03170,375162,608
Equipment and software12,63112,49140,29535,998
Depreciation and amortization11,25010,68135,24232,277
Professional services8,41411,94327,44640,487
Occupancy4,6125,05113,60617,279
Other non-interest expense13,07615,10646,10146,531
Total non-interest expense128,035186,219436,422586,809
Income (Loss) before income tax benefit (expense)8,33535,95540,933131,885
Income tax benefit (expense)(3,327)7,243(12,149)134,209
Net income$ 5,008$ 43,198$ 28,784$ 266,094
Earnings per share:    
Basic EPS ($ per share)[1]$ 0.05$ 0.41$ 0.27$ 2.59
Diluted EPS ($ per share)[1]$ 0.05$ 0.41$ 0.27$ 2.56
Weighted-average common shares – Basic (in shares)[1]109,071,180104,215,594107,966,544102,838,645
Weighted-average common shares – Diluted (in shares)[1]109,073,194105,853,938107,969,920104,116,240
[1]See “Notes to Condensed Consolidated Financial Statements – Note 3. Earnings Per Share” for additional information.

LC Balance Sheet

2023-09-30
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
Assets  
Cash and due from banks$ 19,220$ 23,125
Interest-bearing deposits in banks1,288,5501,033,905
Total cash and cash equivalents1,307,7701,057,030
Restricted cash[1]42,48767,454
Securities available for sale at fair value ($872,341 and $399,668 at amortized cost, respectively)795,669345,702
Loans held for sale at fair value362,789110,400
Loans and leases held for investment5,237,2775,033,154
Allowance for loan and lease losses(350,495)(327,852)
Loans and leases held for investment, net4,886,7824,705,302
Loans held for investment at fair value[1]326,299925,938
Retail and certificate loans held for investment at fair value[1]18,11855,425
Property, equipment and software, net159,768136,473
Goodwill75,71775,717
Other assets[1]496,952500,306
Total assets8,472,3517,979,747
Deposits:  
Interest-bearing6,687,0696,158,560
Noninterest-bearing313,194233,993
Total deposits7,000,2636,392,553
Borrowings[1]10,71774,858
Retail notes, certificates and secured borrowings at fair value[1]18,11855,425
Other liabilities[1]235,034292,617
Total liabilities7,264,1326,815,453
Equity  
Common stock, $0.01 par value; 180,000,000 shares authorized; 109,648,769 and 106,546,995 shares issued and outstanding, respectively1,0961,065
Additional paid-in capital1,660,2361,628,590
Accumulated deficit(398,961)(427,745)
Accumulated other comprehensive loss(54,152)(37,616)
Total equity1,208,2191,164,294
Total liabilities and equity$ 8,472,351$ 7,979,747
[1]Includes amounts in consolidated variable interest entities (VIEs). See “Notes to Condensed Consolidated Financial Statements – Note 6. Securitizations and Variable Interest Entities.”
LC
LendingClub Corporation, operates as a bank holding company for LendingClub Bank, National Association that provides range of financial products and services in the United States. It offers deposit products, including savings accounts, checking accounts, and certificates of deposit. The company also provides loan products, such as consumer loans comprising unsecured personal loans, secured auto refinance loans, and patient and education finance loans; and commercial loans, including small business loans. In addition, it operates an online lending marketplace platform. The company was incorporated in 2006 and is headquartered in San Francisco, California.
 CEO
 WEBSITEwww.lendingclub.com
 EMPLOYEES1585

LendingClub Corp Frequently Asked Questions


What is the ticker symbol for LendingClub Corp? What does LC stand for in stocks?

LC is the stock ticker symbol of LendingClub Corp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of LendingClub Corp (LC)?

As of Wed Dec 06 2023, market cap of LendingClub Corp is 734.65 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of LC stock?

You can check LC's fair value in chart. The fair value of LendingClub Corp is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of LendingClub Corp is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for LC so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is LendingClub Corp a good stock to buy?

The fair value guage provides a quick view whether LC is over valued or under valued. Whether LendingClub Corp is cheap or expensive depends on the assumptions which impact LendingClub Corp's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for LC.

What is LendingClub Corp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed Dec 06 2023, LC's PE ratio (Price to Earnings) is 3.87 and Price to Sales (PS) ratio is 0.78. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. LC PE ratio will change depending on the future growth rate expectations of investors.