NYSE:LCConsumer Finance
Is LendingClub’s Buyback And Home-Improvement Push Reshaping The Investment Case For LC?
In recent days, LendingClub drew attention after analysts at Citizens upgraded the company and JPMorgan reaffirmed it as a top pick, while the board approved a US$100,000,000 share repurchase program running through December 31, 2026.
At the same time, LendingClub moved into the large home improvement financing market and deepened partnerships that extend its lending technology to smaller retailers nationwide.
Next, we’ll examine how LendingClub’s new home improvement financing push could...