Lending Club/LC

$7.90

3.81%
-
1D1W1MYTD1YMAX

About Lending Club

LendingClub Corporation is the parent company of LendingClub Bank (LC Bank). The Company operates most of its business through LC Bank, as a lender and originator of loans and as a regulated bank in the United States. LC Bank is the digital marketplace bank in the United States where members can access a range of financial products and services designed to help them pay less when borrowing and earn more when saving. LC Bank holds loans and funds those loans directly with its own capital and deposits. LC Bank’s primary loan products include unsecured personal loans, secured auto refinance loans, and patient and education finance loans (Consumer Loans). LC Bank’s commercial lending business is primarily focused on small businesses, and it participates in the United States small business administration (SBA) lending programs. LC Bank’s deposit business includes sourcing deposits directly from consumer and commercial customers and from third-party marketing channels and deposit brokers.

Ticker

LC

Sector

Financials

Trading on

NYSE

Industry

Consumer Financial Services

CEO

Scott Sanborn

Employees

1,025

Headquarters

San francisco, United States

Lending Club Metrics

BasicAdvanced
$872.24M
Market cap
21.96
P/E ratio
$0.36
EPS
1.98
Beta
-
Dividend rate
$872.24M
1.98395
$10.92
$4.73
1.4M
1.546
587.371
261.39
0.46%
3.22%
3.04%
21.958
1.009
0.697
0.749
-27.17%
-86.93%
23.75%

What the Analysts think about Lending Club

Analyst Ratings

Majority rating from 9 analysts.
Buy

Price Targets

Average projection from 9 analysts.
30.51% upside
High $13.00
Low $7.00
$7.90
Current price
$10.31
Average price target

Lending Club Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
5.44% profit margin
QuarterlyAnnual
Q4 23
QoQ growth
Revenue
$185.6M
-7.57%
Net income
$10.1M
102%
Profit margin
5.44%
118.47%

Lending Club Earnings Performance

Earnings per share (EPS)

Company profitability
Beat by 508.11%
QuarterlyAnnual
Q1 23
Q2 23
Q3 23
Q4 23
Q1 24
Actual
$0.13
$0.09
$0.05
$0.09
-
Expected
$0.10
$0.04
$0.04
$0.01
$0.03
Surprise
33.5%
113.16%
35.54%
508.11%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

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FAQs

What’s the current market cap for Lending Club stock?

Lending Club (LC) has a market cap of $872.24M as of April 22, 2024.

What is the P/E ratio for Lending Club stock?

The price to earnings (P/E) ratio for Lending Club (LC) stock is 21.96 as of April 22, 2024.

Does Lending Club stock pay dividends?

No, Lending Club (LC) stock does not pay dividends to its shareholders as of April 22, 2024.

When is the next Lending Club dividend payment date?

Lending Club (LC) stock does not pay dividends to its shareholders.

What is the beta indicator for Lending Club?

Lending Club (LC) has a beta rating of 1.98. This means that it is more volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 2 would indicate the stock moves twice as much as the market.

What is the Lending Club stock price target?

The target price for Lending Club (LC) stock is $10.31, which is 30.51% above the current price of $7.9. This is an average based on projections from 9 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

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