LendingClub Corporation

LC

US52603A2087

Consumer Lending

Market Closed - Nyse Other stock markets 21:00:02 17/05/2024 BST			5-day change	1st Jan Change
9.5 ^USD	+1.39%		+2.93%	+8.70%

04-30	Transcript : LendingClub Corporation, Q1 2024 Earnings Call, Apr 30, 2024
04-30	Earnings Flash (LC) LENDINGCLUB CORPORATION Posts Q1 Revenue $180.7M, vs. Street Est of $173.8M	MT

LendingClub Corporation Reports Net Charge-Offs for the First Quarter Ended March 31, 2024

April 30, 2024 at 09:06 pm

LendingClub Corporation reported net charge-offs for the first quarter ended March 31, 2024. For the quarter, the company reported net charge-offs of $80,483,000 against $49,845,000 a year ago.

Latest news about LendingClub Corporation

Transcript : LendingClub Corporation, Q1 2024 Earnings Call, Apr 30, 2024	04-30
Earnings Flash (LC) LENDINGCLUB CORPORATION Posts Q1 Revenue $180.7M, vs. Street Est of $173.8M	04-30	MT
LendingClub Corporation Reports Net Charge-Offs for the First Quarter Ended March 31, 2024	04-30	CI
LendingClub Corporation Reports Earnings Results for the First Quarter Ended March 31, 2024	04-30	CI
LendingClub CEO Scott Sanborn: Late payments on the rise	03-05	MT
LendingClub Q4 Adjusted Earnings, Revenue Decline	01-31	MT
Transcript : LendingClub Corporation, Q4 2023 Earnings Call, Jan 30, 2024	01-30
LendingClub Corporation Reports Earnings Results for the Full Year Ended December 31, 2023	01-30	CI
LendingClub Corporation Reports Earnings Results for the Fourth Quarter Ended December 31, 2023	01-30	CI
Earnings Flash (LC) LENDINGCLUB CORPORATION Reports Q4 EPS $0.09, vs. Street Est of $0.01	01-30	MT
Earnings Flash (LC) LENDINGCLUB CORPORATION Posts Q4 Revenue $185.6M	01-30	MT
LendingClub Corporation Reports Net Charge-Offs for the Fourth Quarter Ended December 31, 2023	01-30	CI
Piper Sandler Starts LendingClub With Overweight Rating, $8 Price Target	11-28	MT
Wedbush Lowers LendingClub's PT to $7 From $9 After Mostly In Line Results, Mixed Guidance Update, Maintains Outperform Rating on Discounted Valuation	26/10/23	MT
Transcript : LendingClub Corporation, Q3 2023 Earnings Call, Oct 25, 2023	25/10/23
Earnings Flash (LC) LENDINGCLUB CORPORATION Reports Q3 EPS $0.05	25/10/23	MT
Earnings Flash (LC) LENDINGCLUB CORPORATION Reports Q3 Revenue $200.8M, vs. Street Est of $196M	25/10/23	MT
LendingClub Corporation Reports Earnings Results for the Third Quarter Ended September 30, 2023	25/10/23	CI
North American Morning Briefing : Stock Futures Point Lower Ahead of Big Bank Earnings	13/10/23	DJ
News Highlights : Top Financial Services News of the Day	13/10/23	DJ
News Highlights : Top Company News of the Day	13/10/23	DJ
LendingClub reducing 14% of workforce to ease cost pressures	12/10/23	RE
LendingClub Cuts 14% Workforce, Issues Preliminary Q3; Shares Rise After-Hours	12/10/23	MT
LendingClub to cut 14% of its workforce	12/10/23	RE
JPMorgan Adjusts Price Target on LendingClub to $11 From $10, Maintains Overweight Rating	22/08/23	MT

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 Bankâs primary loan products include unsecured personal loans, secured auto refinance loans, and patient and education finance loans (Consumer Loans). LC Bankâs commercial lending business is primarily focused on small businesses, and it participates in the United States small business administration (SBA) lending programs. LC Bankâs deposit business includes sourcing deposits directly from consumer and commercial customers and from third-party marketing channels and deposit brokers.

Sector

Consumer Lending

Calendar

11/06/2024 - Annual General Meeting

Related indices

Russell 2000

More about the company

Income Statement Evolution

More financial data

Analysis / Opinion

LendingClub CEO Scott Sanborn: Late payments on the rise

March 05, 2024 at 08:03 pm

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Ratings for LendingClub Corporation

Trading Rating

Investor Rating

ESG Refinitiv

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Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

9.5 USD

Average target price

10.64 USD

Spread / Average Target

+11.99%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

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