NYSE:LCConsumer Finance
LendingClub (LC) valuation check after strong quarter and rising institutional demand for loan products
LendingClub (LC) just delivered a stronger quarter, with revenue and net income up solidly from last year, and that combination of earnings momentum and heavy loan demand is starting to reshape how investors view the stock.
See our latest analysis for LendingClub.
The upbeat quarter lands on top of an already strong run, with a roughly 21.8% year to date share price return and a powerful three year total shareholder return of about 126.6% suggesting momentum is firmly building.
If...