Revenue segments as reported by the company.

Marketplace revenue

Other non-interest income

Net interest income

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Provision for credit losses

Compensation and benefits

Marketing

Equipment and software

Occupancy

Depreciation and amortization

Professional services

Other non-interest expense

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

LendingClub

LendingClub Corp. operates as an online marketplace that facilitates loans to borrowers and investments. Its products include unsecured personal, secured auto refinance, patient, and education finance loans. The company was founded by Renaud Laplanche and Soulaiman Htite in 2006 and is headquartered in San Francisco, CA.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

LendingClub reports solid Q4 earnings, focuses on credit quality

LendingClub's Q4 2022 performance met guidance, with a focus on credit quality and profitability.
The company is reducing expenses and transitioning its revenue model for resilience.
Challenges include impact of higher interest rates on loan originations and less attractive segments.
Opportunities lie in offering more value to customers and growing SBA Government Guaranteed Lending.

LendingClub reports strong Q1 performance amidst marketplace challenges

LendingClub's Q1 2023 Earnings Call showcased strong financial performance and effective liquidity management.
Challenges in marketplace revenue and fee income economics were addressed, along with workforce reduction savings.
Opportunities for growth were highlighted in potential marketplace recovery conditions and rapid growth potential.

LendingClub exceeds revenue expectations, focuses on profitability amidst challenges

LendingClub navigated challenges in Q2 2023 with a focus on profitability over growth, addressing delinquencies and marketplace headwinds.
Strong capital levels and strategic initiatives like the structured loan certificate program position the company well for future growth.
Anticipated marketplace recovery challenges and pricing pressures highlight the need for disciplined financial management and strategic decision-making.

LendingClub reports strong Q3 results, eyes credit market expansion

LendingClub's Q3 performance reflects solid financial metrics, strategic focus on prime originations, and innovative member engagement initiatives.
While facing challenges in the investor marketplace and limitations on share buybacks, the company is exploring opportunities for growth and diversification.
With enhanced returns in credit offerings, new partnerships, and a vision beyond lending, LendingClub is positioning itself for future success and market leadership.

LendingClub reports revenue growth, eyes product expansion and efficiency

LendingClub shows strong performance with revenue and income growth
Facing challenges with net interest margin and expense management
Opportunities lie in expanding product offerings and capital deployment
Overall, a focus on resilience, growth, and operational efficiency

LendingClub maintains stability and profitability, eyes growth opportunities ahead

LendingClub's Q1 performance showcased stability in originations and strong revenue generation. The company's focus on credit leadership and profitability highlights its resilience in the market.
While facing challenges such as rising expenses and competitive pressures, LendingClub is strategically positioned to leverage opportunities for growth through capital deployment and member-focused initiatives.

LendingClub excels in Q2, plans for growth and innovation

LendingClub's strong performance in Q2 showcases growth in originations, revenue, and net income. The company's focus on credit stewardship, mobile app engagement, and new product offerings positions it well for future success. Challenges lie in maintaining competitive pricing, optimizing funding, and managing delinquency rates.

LendingClub excels in Q3, eyes growth through innovation and acquisitions

LendingClub's strong performance, strategic acquisitions, and focus on customer engagement position the company for future growth and value creation.
While facing challenges such as expense management and maintaining credit performance, the company remains optimistic about its prospects and market opportunities.
By leveraging marketplace demand, innovative products, and a clear growth strategy, LendingClub aims to drive revenue, enhance shareholder value, and sustain its competitive edge.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

LendingClub Corp. engages in the operations of digital marketplace bank. It operates through the LendingClub Bank and LendingClub Corporation (Parent Only) segments. The LendingClub Bank segment involves the provision of full complement of financial products and solutions, loans, leases, and deposits. The LendingClub Corporation (Parent Only) segment includes the holding company legal entity. The company was founded by Renaud Laplanche and Soulaiman Htite in 2006 and is headquartered in San Francisco, CA.

LendingClub's (LC) CEO Scott Sanborn on Q2 2021 Results - Earnings Call Transcript

LendingClub Corp. shares rally more than 40% in the extended session Wednesday after the company reports a surprise quarterly profit and revenue above Wall Street expectations.

Earnings Results: LendingClub stock jumps 40% after surprise Q2 profit

SAN FRANCISCO, July 28, 2021 /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, 2021. "Our first full quarter operating a digital bank was the most profitable quarter in LendingClub's history," said Scott Sanborn, LendingClub's CEO.

LendingClub Reports Second Quarter 2021 Results

LendingClub (LC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

LendingClub (LC) May Report Negative Earnings: Know the Trend Ahead of Next Week's Release

LendingClub, the online lender, has agreed to pay $18 million in order to settle charges of reportedly deceiving customers, the Federal Trade Commission (FTC) reported Thursday (July 15). Allegedly, the lender had misrepresented itself in terms of how it charged hidden fees.

FTC Requires LendingClub To Clearly List Loan Fees

SAN FRANCISCO, July 15, 2021 /PRNewswire/ --  LendingClub Corporation  (NYSE: LC), the parent company of LendingClub Bank, America's leading digital marketplace bank, announced that Adrienne Harris has joined as the newest member of its Board of Directors, effective July 29, 2021.  "We are thrilled to have Adrienne join our board and support our next chapter of growth," said Scott Sanborn, CEO of LendingClub.

LendingClub Appoints Adrienne Harris to its Board of Directors

LC remains a conviction buy for me. Recent fireside chat attended by CEO and CFO validated my original thesis.

LendingClub: A Conviction Buy

SAN FRANCISCO, July 14, 2021 /PRNewswire/ -- LendingClub Corporation  (NYSE: LC), the parent company of LendingClub Bank, America's leading digital marketplace bank, today announced that it has entered into an agreement with the Federal Trade Commission (FTC) which, subject to court approval, will conclude the agency's previously disclosed investigation and litigation (the Settlement). "While we have never agreed with the FTC's allegations, we appreciate the important role the FTC plays to protect consumers and are pleased to have reached an agreement that resolves the agency's concerns," said LendingClub Chief Administrative Officer Brandon Pace.

LendingClub Reaches Settlement with Federal Trade Commission

SAN FRANCISCO, July 8, 2021 /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 2021 on Wednesday, July 28, 2021, after-market hours. LendingClub will host a conference call to discuss the second quarter 2021 financial results at 2:00 p.m.

LendingClub Schedules Second Quarter 2021 Earnings Release and Conference Call

You may not think about LendingClub when talking about top brands, but the company is incredibly good at satisfying its customers.

1 Way That LendingClub Beats Apple and Starbucks

SAN FRANCISCO, June 16, 2021 /PRNewswire/ -- LendingClub Corporation (NYSE: LC), the parent company of LendingClub Bank, America's leading digital marketplace bank, announced that its Chief Executive Officer Scott Sanborn and its Chief Financial Officer Tom Casey will join Ebrahim H. Poonawala, Head of U.S. Mid-cap banks and Canadian banks research, for a virtual fireside chat hosted by BofA Securities on June 18 at 11:00 am EST.

LendingClub to Participate in Virtual Fireside Chat hosted by BofA Securities on June 18

Mr. Market is mispricing this security due to recency bias. The Radius bank acquisition has been a game-changer.

LendingClub: Mr. Market Is Simply Not Getting It

SAN FRANCISCO, June 15, 2021 /PRNewswire/ -- LendingClub Corporation (NYSE: LC), the parent company of LendingClub Bank, America's leading digital marketplace bank, today released initial findings from its Reality Check: Paycheck-To-Paycheck research series, conducted in partnership with PYMNTS. This inaugural report finds that a majority of Americans (54 percent), including individuals across a broad spectrum of income and age, are living paycheck-to-paycheck.

Nearly 40 Percent of Americans with Annual Incomes over $100,000 Live Paycheck-to-Paycheck

Silvergate Capital Corp

These two companies have dynamics that should allow them to perform well in a rising-rate environment.

Want Tech Growth But Worried About Inflation? Try These 2 Stocks

SAN FRANCISCO, June 8, 2021 /PRNewswire/ -- LendingClub Corporation (NYSE: LC) today announced promotions and new hires to accelerate the transformation of LendingClub Bank, its wholly-owned banking subsidiary, to America's leading digital marketplace bank. The company has promoted Ronnie Momen to serve as its first Chief Consumer Banking Officer and hired David Bolocan to serve as the Senior Vice President of Deposits and Payments, Amber Carroll to serve as the Senior Vice President of Membership & Lifecycle Marketing, and Jamie Armistead to serve as the Vice President of Product Management.

LendingClub Announces New Appointments to Accelerate Digital Marketplace Bank Strategy

Arclight Clean Transition

Kulicke & Soffa Industries

It's hard for large stocks to become 10- or 100-baggers. But smaller ones.

3 Small-Cap Stocks With Big-Cap Potential

The market is completely underestimating the earnings that LendingClub can generate from holding prime personal loans. The power of the bank, low-cost deposits, and the lack of legacy systems and legacy costs give LendingClub the potential to massively disrupt the traditional banking model.

LendingClub: The Very Real Path To 10x Returns For Shareholders

The pandemic is moving into the rearview mirror. And a cursory read of the headlines may make it seem that we're headed out from under unprecedented times of economic upheaval.

LendingClub CEO: Getting Ready For The US Consumer's ‘Great Normalization'

The digital marketplace bank has a new model and looks very undervalued considering its expected performance -- but it seems to be getting treated as a pure tech stock.

The Market Continues to Misunderstand LendingClub

After reporting earnings that materially beat guidance, and a guidance raise for the balance of 2021, shares of LendingClub are off 25% as part of a broader technology correction. There is a dearth of available financial modeling as to what the new LendingClub will look like from the analyst community.

LendingClub Is A Unicorn; Value And Growth Wrapped Into One Company - Share Price Should More Than Double (Again)

SAN FRANCISCO, May 3, 2021 /PRNewswire/ -- Today, LendingClub Corporation (NYSE: LC), America's leading digital marketplace bank, is proud to join Civic Alliance, a nonpartisan coalition of more than 1,200 businesses working together to encourage every American to participate in shaping our country's future.  Civic Alliance strengthens our democracy by encouraging civic participation, supporting safe, accessible and trusted elections and building an engaged civic culture.

LendingClub Joins Civic Alliance to Champion Democracy

The marketplace bank is really a new concept, and the company's first-quarter earnings show its strong potential.

Why LendingClub Just Got Off to a Promising Start on Its Otherwise Uncharted Journey

To get a sense of the consumer, where they've been and how they've been weathering the pandemic, the big banks and the payment networks (Visa and Mastercard among them) have pointed to continued debit spending, and at least some green shoots in credit. As for LendingClub, the headline numbers show that revenues of $105.8 million, […]

LendingClub, Cap One Earnings Point To Credit Rebound

LC delivered an exceptional performance in Q1'2021. The accounting "noise", however, is masking its true potential.

LendingClub: Exceptional Returns Are Masked By Accounting 'Noise'

LendingClub Corporation's (LC) CEO Scott Sanborn on Q1 2021 Results - Earnings Call Transcript

News for LendingClub Stock (LC)