LendingClub Past Earnings Performance
Past criteria checks 2/6
LendingClub has been growing earnings at an average annual rate of 50.8%, while the Consumer Finance industry saw earnings growing at 6.1% annually. Revenues have been growing at an average rate of 8.1% per year. LendingClub's return on equity is 3%, and it has net margins of 3.4%.
Key information
50.8%
Earnings growth rate
50.9%
EPS growth rate
| Consumer Finance Industry Growth | 9.8% |
| Revenue growth rate | 8.1% |
| Return on equity | 3.0% |
| Net Margin | 3.4% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How LendingClub makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Mar 24 | 1,099 | 38 | 141 | 0 |
| 31 Dec 23 | 1,135 | 39 | 147 | 0 |
| 30 Sep 23 | 1,177 | 52 | 161 | 0 |
| 30 Jun 23 | 1,230 | 91 | 192 | 0 |
| 31 Mar 23 | 1,271 | 263 | 237 | 0 |
| 31 Dec 22 | 1,267 | 290 | 270 | 0 |
| 30 Sep 22 | 1,247 | 295 | 288 | 0 |
| 30 Jun 22 | 1,185 | 279 | 294 | 0 |
| 31 Mar 22 | 1,068 | 107 | 264 | 0 |
| 31 Dec 21 | 892 | 19 | 228 | 0 |
| 30 Sep 21 | 721 | -37 | 179 | 0 |
| 30 Jun 21 | 562 | -99 | 131 | 0 |
| 31 Mar 21 | 418 | -187 | 95 | 0 |
| 31 Dec 20 | 468 | -188 | 121 | 0 |
| 30 Sep 20 | 595 | -161 | 244 | 44 |
| 30 Jun 20 | 750 | -127 | 388 | 85 |
| 31 Mar 20 | 927 | -59 | 529 | 127 |
| 31 Dec 19 | 1,001 | -31 | 308 | 0 |
| 30 Sep 19 | 1,029 | -44 | 629 | 164 |
| 30 Jun 19 | 1,045 | -67 | 622 | 161 |
| 31 Mar 19 | 1,066 | -117 | 615 | 156 |
| 31 Dec 18 | 1,080 | -128 | 597 | 155 |
| 30 Sep 18 | 1,095 | -207 | 583 | 150 |
| 30 Jun 18 | 1,113 | -191 | 562 | 144 |
| 31 Mar 18 | 1,125 | -155 | 541 | 143 |
| 31 Dec 17 | 1,146 | -154 | 508 | 140 |
| 30 Sep 17 | 1,164 | -94 | 523 | 137 |
| 30 Jun 17 | 1,154 | -124 | 508 | 133 |
| 31 Mar 17 | 1,143 | -180 | 500 | 127 |
| 31 Dec 16 | 1,189 | -146 | 496 | 115 |
| 30 Sep 16 | 1,190 | -109 | 476 | 107 |
| 30 Jun 16 | 1,166 | -72 | 447 | 98 |
| 31 Mar 16 | 1,114 | 6 | 405 | 87 |
| 31 Dec 15 | 980 | -5 | 355 | 77 |
| 30 Sep 15 | 854 | -19 | 285 | 92 |
| 30 Jun 15 | 743 | -27 | 257 | 71 |
| 31 Mar 15 | 651 | -32 | 230 | 52 |
| 31 Dec 14 | 568 | -33 | 201 | 39 |
| 30 Sep 14 | 455 | -24 | 194 | 0 |
| 30 Jun 14 | 331 | -14 | 152 | 4 |
| 31 Mar 14 | 339 | -7 | 119 | 0 |
| 31 Dec 13 | 285 | 0 | 75 | 16 |
| 30 Sep 13 | 284 | 0 | 76 | 0 |
| 30 Jun 13 | 292 | -3 | 66 | -4 |
Quality Earnings: 8LCA has high quality earnings.
Growing Profit Margin: 8LCA's current net profit margins (3.4%) are lower than last year (20.7%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 8LCA has become profitable over the past 5 years, growing earnings by 50.8% per year.
Accelerating Growth: 8LCA's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 8LCA had negative earnings growth (-85.7%) over the past year, making it difficult to compare to the Consumer Finance industry average (8.2%).
Return on Equity
High ROE: 8LCA's Return on Equity (3%) is considered low.