LendingClub Balance Sheet Health
Financial Health criteria checks 4/6
LendingClub has a total shareholder equity of $1.4B and total debt of $51.7M, which brings its debt-to-equity ratio to 3.8%. Its total assets and total liabilities are $10.5B and $9.1B respectively. LendingClub's EBIT is $64.6M making its interest coverage ratio 180.4. It has cash and short-term investments of $895.5M.
Key information
3.8%
Debt to equity ratio
US$51.65m
Debt
| Interest coverage ratio | 180.4x |
| Cash | US$895.52m |
| Equity | US$1.36b |
| Total liabilities | US$9.12b |
| Total assets | US$10.48b |
Recent financial health updates
No updates
Recent updates
LendingClub: Already Pricing In Major Economic Weakness
Apr 30LendingClub: Cheap For A Reason Or A Mispriced FinTech?
Apr 23LendingClub: Promising Long-Term, But Don't Hold A Falling Knife
Mar 16LendingClub Corporation (NYSE:LC) Shares Slammed 27% But Getting In Cheap Might Be Difficult Regardless
Feb 25
LendingClub: Lowering 2026 Estimates And Reiterating Buy
Feb 20LendingClub: Remaining Bullish After Mixed Update
Feb 10LendingClub: Not The Destination
Jan 30Initiating Buy On LendingClub: Lower Interest Rates And Excess Capital Present Opportunity
Jan 21LendingClub: Joining The Club For 2025
Jan 05LendingClub: The Historic Debt Consolidation Opportunity Has Just Started
Dec 19LendingClub: Too Early To Downgrade
Dec 04Investors Appear Satisfied With LendingClub Corporation's (NYSE:LC) Prospects As Shares Rocket 28%
Oct 26LendingClub Q3 Earnings: A Turnaround Stock As Interest Rates Decline (Upgrade)
Oct 24LendingClub: Bullish Ahead Of Q3 Earnings
Oct 15Why LendingClub Is Currently My Favorite Value Stock
Sep 30
Decisive Innovations And Operational Efficiency Propel Growth Despite Forecasted Revenue Dip
Sep 24 LendingClub's focus on strong credit performance and continuous innovation aims to boost future net income and revenue through higher loan sales prices and originations.LendingClub: Levered Play On Soft Landing
Aug 19Why Investors Shouldn't Be Surprised By LendingClub Corporation's (NYSE:LC) 49% Share Price Surge
Aug 01LendingClub Is Set To Outperform SoFi Technologies
Jun 17LendingClub - An Explosive Move Higher Could Be Brewing
May 10LendingClub Corporation: A Significant Upside Potential In Consumer Finance
May 01LendingClub's ROA Positivity: A Glimmer Amidst Uncertainty (Rating Upgrade)
Feb 02LendingClub: Buybacks And Increased Profitability Could Be On The Cards
Jan 22LendingClub: Cheap Today, Cheaper Tomorrow
Nov 28The Consensus EPS Estimates For LendingClub Corporation (NYSE:LC) Just Fell Dramatically
Oct 31LendingClub: Pause Won't Last Forever
Oct 17LendingClub: Declining ROA And Growing Loans, Avoid (Rating Downgrade)
Sep 25LendingClub's Recovery Postponed
Aug 03Financial Position Analysis
Short Term Liabilities: LC's short term assets ($5.6B) exceed its short term liabilities ($1.4B).
Long Term Liabilities: LC's short term assets ($5.6B) do not cover its long term liabilities ($7.7B).
Debt to Equity History and Analysis
Debt Level: LC has more cash than its total debt.
Reducing Debt: LC's debt to equity ratio has reduced from 103.8% to 3.8% over the past 5 years.
Debt Coverage: LC's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: LC's interest payments on its debt are well covered by EBIT (180.4x coverage).
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/05/04 02:15 |
| End of Day Share Price | 2025/05/02 00:00 |
| Earnings | 2025/03/31 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
LendingClub Corporation is covered by 31 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Edward Williams | BMO Capital Markets Equity Research |
| Vincent Caintic | BTIG |
| Michael Graham | Canaccord Genuity |