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.

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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.

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Cost of revenue

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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 is a leading digital marketplace bank for unsecured personal loans in the U.S., with potential for growth in the current credit cycle. LC stock has a competitive advantage due to its focus on prime credit range borrowers and its online banking platform, allowing for lower costs and higher net interest margins. Despite market turmoil and suppressed earnings, the company has a strong financial position and potential upside of 70%+ with a valuation of $14.72.

LendingClub: Several Positive Catalysts Support Upside Potential

SAN FRANCISCO , June 6, 2023 /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 Drew LaBenne will participate in a fireside chat at the Morgan Stanley U.S. Financials, Payments & CRE Conference on June 12, 2023 from 9:30 – 10:05 AM Eastern Time. Webcast information A live webcast of the Morgan Stanley U.S. Financials, Payments & CRE Conference fireside chat will be available at https://event.webcasts.com/starthere.jsp?ei=1619844&tp_key=a7404fb4d1&tp_special=8.

LendingClub to Participate in the Morgan Stanley U.S. Financials, Payments & CRE Conference on June 12th

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Consumers Earning $100,000+ and Those Living in the West Saw the Highest Percentage Growth From a Year Ago SAN FRANCISCO , May 24, 2023 /PRNewswire/ -- LendingClub Corporation (NYSE: LC), the parent company of LendingClub Bank, America's leading digital marketplace bank, today released findings from the 22nd edition of the New Reality Check: The Paycheck-to-Paycheck research series , conducted in partnership with PYMNTS. The Regional Divide Edition examines why U.S. consumers in urban, suburban and rural areas across the U.S. are living paycheck to paycheck and identifies the financial stressors they face.

69% of Americans in Urban Areas are Living Paycheck to Paycheck; 14 Percentage Points Higher than Suburban Consumers

LendingClub has been unfairly punished with the recent banking turmoil and is poised to benefit from the pain being felt by other banks. The Federal Reserve pausing rate increases, or at the very least, taking the foot off of the gas pedal will provide the stability LendingClub needs to begin flourishing again.

LendingClub: Buy The Fed Pause

SAN FRANCISCO , May 11, 2023 /PRNewswire/ --  LendingClub Corporation (NYSE: LC), the parent company of LendingClub Bank, America's leading digital marketplace bank, announced that its Chief Financial Officer Drew LaBenne will participate in a fireside chat at the 2023 Barclays Emerging Payments & Fintech Forum on May 17, 2023 from 8:35 – 9:05 AM Eastern Time. Webcast information A live webcast of the 2023 Barclays Emerging Payments & Fintech Forum fireside chat will be available at https://event.webcasts.com/starthere.jsp?ei=1615537&tp_key=b4493ef9f8&tp_special=8.

LendingClub to Participate in the 2023 Barclays Emerging Payments & Fintech Forum on May 17th

The high interest rate environment has put a lot of pressure on LendingClub's business model. Its business model offers flexibility, which allowed LendingClub to maintain profitability while many other consumer fintechs reported losses.

This Profitable Fintech Stock Trades at a Discount

66% of Generation Z Live Paycheck to Paycheck, Up Eight Percentage Points Year-Over-Year Report Reveals Significant Generational Differences in How the Rising Cost of Living Impacts Consumers' Financial Lifestyles SAN FRANCISCO , April 28, 2023 /PRNewswire/ -- LendingClub Corporation (NYSE: LC), the parent company of LendingClub Bank, America's leading digital marketplace bank, today released findings from the 21st edition of the New Reality Check: The Paycheck-to-Paycheck research series, conducted in partnership with PYMNTS. The Generational Deep Dive Edition examines why U.S. consumers across all generations are living paycheck to paycheck and identifies the financial stressors they face due to ongoing inflation.

At 73%, Millennials Are the Most Likely Generation to Live Paycheck to Paycheck

LendingClub Corporation (LC) Q1 2023 Earnings Call Transcript.

LendingClub Corporation (LC) Q1 2023 Earnings Call Transcript

LendingClub (LC) came out with quarterly earnings of $0.13 per share, beating the Zacks Consensus Estimate of $0.12 per share. This compares to earnings of $0.39 per share a year ago.

LendingClub (LC) Surpasses Q1 Earnings and Revenue Estimates

The collapse of Silicon Valley Bank (SVB) roiled the U.S. financial system last month. San Francisco-based LendingClub, a FinTech lender that became a direct-to-consumer (DTC) bank by acquiring a charter, was able to capitalize on that turmoil and capture nearly $1 billion in new customer deposits.

LendingClub Grew Deposits by $826 Million After SVB Collapse

Net Income of $13.7M, Driven by 7% Sequential Increase in Pre-Provision Net Revenue (PPNR) Deposits Up 13% Sequentially to $7.2B; $1.6B in Cash SAN FRANCISCO , April 26, 2023 /PRNewswire/ -- LendingClub Corporation (NYSE: LC), the parent company of LendingClub Bank, America's leading digital marketplace bank, today announced financial results for the first quarter ended March 31, 2023. "We delivered a solid quarter driven by our strategic advantages, including over 15 years of cycle-tested data, prudent and agile underwriting, and our digital marketplace bank model," said Scott Sanborn, LendingClub CEO.

LendingClub Reports First Quarter 2023 Results

Former Chief Customer Officer of Walmart and Executive Vice President of American Express Brings Decades of Experience Transforming Large Consumer Brands SAN FRANCISCO , April 24, 2023 /PRNewswire/ -- LendingClub Corporation (NYSE: LC), the parent company of LendingClub Bank, America's leading digital marketplace bank, today announced that Janey Whiteside joined as the newest member of its Board of Directors, effective April 20, 2023.  "We're so pleased to welcome Janey to our Board of Directors," said Scott Sanborn CEO of LendingClub.

LendingClub Appoints Janey Whiteside to its Board of Directors

LendingClub (LC) possesses 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) Expected to Beat Earnings Estimates: What to Know Ahead of Q1 Release

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Green shoots are appearing but LendingClub is not totally out of the woods yet. The shape of the yield curve is a positive development.

LendingClub: Green Shoots Appearing

LendingClub Corp (NYSE: LC) will offer lucrative returns if the U.S. economy avoids a severe recession, says Reginald Smith. He's an Analyst at JPMorgan Chase & Co. LendingClub shares have upside to $11 On Tuesday, Smith assumed coverage of the financial services company with an “overweight” rating.

LendingClub shares could gain 55% if we avoid a severe recession

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For months, consumers have clamored for banks to pay out more for deposits as the Federal Reserve raised interest rates. Now analysts say after the banking crisis shook markets last month, lenders appear to be rejigging offers in an effort to keep customers' cash parked in their accounts for longer.

U.S. banks are dangling promotions to lock in customer deposits, analysts say

SAN FRANCISCO , April 5, 2023 /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 first quarter 2023 after the market closes on Wednesday, April 26, 2023. LendingClub will host a conference call to discuss the first quarter 2023 financial results at 2:00 p.m.

LendingClub Schedules First Quarter 2023 Earnings Release and Conference Call

Former Vice Chairman and General Counsel of JPMorgan Chase & Co. Brings Decades of Banking Experience to the Board SAN FRANCISCO , March 27, 2023 /PRNewswire/ -- LendingClub Corporation (NYSE: LC), the parent company of LendingClub Bank, America's leading digital marketplace bank, today announced that Stephen Cutler has joined as the newest member of its Board of Directors, effective March 23, 2023. "We are thrilled to have Steve join our board as we navigate the current environment and position ourselves for our next phase of growth," said Scott Sanborn, CEO of LendingClub.

LendingClub Appoints Stephen Cutler to its Board of Directors

Consumers Could Amass a Collective $52 Billion in Cash Payments Related to Active Side Incomes Each Month SAN FRANCISCO , March 27, 2023 /PRNewswire/ -- LendingClub Corporation (NYSE: LC), the parent company of LendingClub Bank, America's leading digital marketplace bank, today released findings from the 20th edition of the Reality Check: Paycheck-to-Paycheck research series, conducted in partnership with PYMNTS. The Supplemental Income Edition examines how U.S. consumers are turning to alternative sources of income to supplement what they receive from regular full-time employment to improve their financial standing.

Half of Employed Consumers Have Supplemental Income Sources in Addition to their Paychecks

The SVB collapse has dented confidence in the U.S. banking industry. Investors are trying to identify the next bank to collapse.

LendingClub: Vulnerability To A Bank Run In The Wake Of SVB's Financial Debacle

At first glance, there's reason to be optimistic when viewing the current state of the paycheck-to-paycheck economy. Joint research from PYMNTS and LendingClub shows that 60% of Americans were living paycheck to paycheck in January, down from 64% in December.

LendingClub: Decline in Paycheck-to-Paycheck Ranks Is ‘Encouraging'

70 Percent of Consumers Report Taking Additional Measures to Manage Credit Card Debt In the Last 12 Months SAN FRANCISCO , Feb. 28, 2023 /PRNewswire/ -- LendingClub Corporation (NYSE: LC), the parent company of LendingClub Bank, America's leading digital marketplace bank, today released findings from the 19th edition of the Reality Check: Paycheck-to-Paycheck research series, conducted in partnership with PYMNTS. The Debt and Credit Deep Dive Edition examines the impact of U.S. consumers' 2022 holiday spending on their credit card debt.

News for LendingClub Stock (LC)