Revenue segments as reported by the company.

Marketplace revenue

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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

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Occupancy

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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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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 has an interesting, all-weather business model that produces several synergies. During difficult times, it can use the information generated by its marketplace to seek out the best risk/reward borrowers for its own underwriting business.

LendingClub Has A Killer Business Model

LendingClub Ranked as #38 among 100 U.S. Companies Recognized for Employee Sentiment and Satisfaction SAN FRANCISCO , Oct. 6, 2022 /PRNewswire/ -- Newsweek today announced their annual rankings for the Top 100 Most Loved Workplaces® list, and LendingClub was ranked #38. The 2022 Top 100 Most Loved Workplaces® list is the result of a collaboration between Newsweek and the Best Practice Institute (BPI), a leadership development and benchmark research company.

LendingClub Named to Newsweek's List of the Top 100 Most Loved Workplaces for 2022

This fintech's impressive earnings growth is hard to ignore.

1 Cheap Stock to Buy Before the Bear Market Ends

SAN FRANCISCO , Oct. 4, 2022 /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 third quarter 2022 after the market closes on Wednesday, October 26, 2022. LendingClub will host a conference call to discuss the third quarter 2022 financial results at 2:00 p.m.

LendingClub Schedules Third Quarter 2022 Earnings Release and Conference Call

60% Say Inflation has Altered How They Manage and Spend Their Money More Than Half of Americans Earning Between $100,000 to $150,000 Live Paycheck to Paycheck SAN FRANCISCO , Sept. 27, 2022 /PRNewswire/ -- LendingClub Corporation (NYSE: LC), the parent company of LendingClub Bank, America's leading digital marketplace bank, today released findings from the 14th edition of the Reality Check: Paycheck-To-Paycheck research series, conducted in partnership with PYMNTS.com.

Three in Five Americans Live Paycheck to Paycheck: More People Are Living Paycheck to Paycheck but Making Ends Meet Than Not Living Paycheck to Paycheck

LendingClub now trades back at pre-COVID levels before the fintech acquired a digital bank. The company is very profitable despite taking credit provisions vastly in excess of the limited current charge-offs.

LendingClub: Priced For Massive Loan Losses

SoFi Technologies

SoFi and LC are leading FinTechs that have recently acquired banking licenses. LC is a pure play on unsecured personal lending whereas SoFi is a multi-product super-app.

SoFi Or LendingClub: Which Is The Better Stock To Buy?

SAN FRANCISCO , Sept. 7, 2022 /PRNewswire/ -- Great Place to Work® and Fortune have honored LendingClub as one of the 2022 Best Workplaces in Financial Services & Insurance™.

Great Place to Work® Names LendingClub One of the 2022 Fortune Best Workplaces in Financial Services & Insurance™

Higher interest rates will impact the marketplace (Q3 revenue will be light). Credit risk remains benign (at least until the employment market turns nasty).

LendingClub: What To Expect Next

Nearly half of U.S. consumers have had to pay at least one emergency expense in the last 90 days SAN FRANCISCO , Aug. 29, 2022 /PRNewswire/ -- LendingClub Corporation (NYSE: LC), the parent company of LendingClub Bank, America's leading digital marketplace bank, today released findings from the 13th edition of the Reality Check: Paycheck-To-Paycheck research series, conducted in partnership with PYMNTS.com. The Emergency Spending Edition examines the financial lifestyle of U.S. consumers who live paycheck to paycheck, the factors that cause financial distress and the impact of financial stressors, such as emergency spending, on their ability to manage expenses and put aside savings.

The $400 Emergency Expense is Dead: New Data Shows the Reality is $1,400

American Express

Bank of America

Inflation and rising interest rates have been holding back the market this year.

3 Stocks to Buy With Inflation Potentially Peaking

The Federal Trade Commission (FTC) is sending over $9.7 million in payments to 61,990 customers who the FTC said were charged hidden fees from LendingClub, an FTC press release said. The FTC sued LendingClub in 2018 over the allegations that the company falsely promised loan applicants that they'd get a specific amount without hidden fees.

FTC Sends $9.7M in Fee Refunds to LendingClub Customers

LendingClub has announced two new members for its board of directors in Faiz Ahmad and Kathryn Reimann, a press release said Tuesday (Aug. 2). They'll join officially Aug. 15.

LendingClub Appoints Ex-Optum D2C CEO Ahmad, Former Citi CCO Reimann to Board

I explain Lending Club's hybrid business model that is often misunderstood as a FinTech firm (e.g. Upstart). I reflected on what went wrong with my initial analysis that valued Lending Club at $70/share.

Lending Club: A Quality FinTech/Bank Hybrid Trading At

Faiz Ahmad, Former CEO Direct to Consumer at Optum and Kathryn Reimann, Former Chief Compliance Officer at CitiBank Bring Decades of Consumer and Financial Services Experience to the Board SAN FRANCISCO , Aug. 2, 2022 /PRNewswire/ --  LendingClub Corporation (NYSE: LC), the parent company of LendingClub Bank, America's leading digital marketplace bank, today announced that Faiz Ahmad and Kathryn Reimann will join as the newest members of its Board of Directors, effective August 15, 2022. LendingClub also announced today that Patricia McCord has decided that, after almost five years on the Board of Directors, she will resign effective September 30, 2022.

LendingClub Announces Two New Board Directors

Growth is slowing for this stock as estimates are moving in the wrong direction.

Bear of the Day: LendingClub (LC)

Many consumer-lending fintech companies have struggled this year. This one stands apart from the rest.

This Fintech Stock Is Thriving as Interest Rates Rise

61% or 203 Million Americans are Living Paycheck To Paycheck, Up from 55% a Year Ago 33.5 million Americans spent more than they earned in the past six months SAN FRANCISCO , Aug. 1, 2022 /PRNewswire/ -- LendingClub Corporation (NYSE: LC), the parent company of LendingClub Bank, America's leading digital marketplace bank, today released findings from the 12th edition of the Reality Check: Paycheck-To-Paycheck research series, conducted in partnership with PYMNTS.com. The Consumer Savings Edition examines the financial lifestyle of U.S. consumers who live paycheck to paycheck, the factors that cause financial distress and the impact of financial stressors on their ability to manage expenses and put aside savings.

The Number of Consumers Living Paycheck to Paycheck Has Increased Year-Over-Year Across All Income Levels

LendingClub had a fantastic Q2 with net revenue growing by 61%, while net income grew by 400% YoY. LendingClub has a nearly 9% net interest margin, which makes its held-for-investment loan growth immensely profitable.

A Coward's Way To Play LendingClub

An estimates-beating quarter was met with a collective thumbs-down from investors.

Why LendingClub Was a Dog of a Stock Today

LendingClub has named Drew LaBenne as its new chief financial officer, the digital bank announced Thursday (July 28). LaBenne, formerly the CFO of the digital asset marketplace Bakkt, is set to begin his duties on Sept.

LendingClub Names Former Bakkt Exec Drew LaBenne as CFO

LC Q2 earnings were superb on all metrics. Profitability is somewhat masked by CECL (a conservative accounting provisioning methodology).

LendingClub: Playbook For A Recession

LendingClub's transition to a digital banking model proceeds apace, but its core consumer loan business continues to gain traction in an inflationary environment, where maintaining traditional consumer debt is becoming unwieldy. “Credit card balances are now back above pre-pandemic levels and credit card rates are rising,” CEO Scott Sanborn said on a conference call.

LendingClub Says Consumer Stress Driving Increase in Credit Card Balances and Demand for Loans

LendingClub Corporation (NYSE:LC ) Q2 2022 Results Conference Call July 27, 2022 5:00 PM ET Company Participants Sameer Gokhale - Head, Investor Relations Scott Sanborn - Chief Executive Officer Tom Casey - Chief Financial Officer Conference Call Participants Bill Ryan - Seaport Research David Chiaverini - Wedbush Securities Michael Perito - KBW Giuliano Bologna - Compass Point Operator Good afternoon. Thank you for attending the LendingClub Corp Second Quarter 2022 Earnings Call.

LendingClub Corporation (LC) CEO Scott Sanborn on Q2 2022 Results - Earnings Call Transcript

LendingClub (LC) delivered earnings and revenue surprises of 9.76% and 10.62%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

News for LendingClub Stock (LC)