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LendingClub

LSE:0JTY
Snowflake Description

Reasonable growth potential with imperfect balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
0JTY
LSE
$1B
Market Cap
  1. Home
  2. GB
  3. Diversified Financials
Company description

LendingClub Corporation operates an online marketplace platform that connects borrowers and investors in the United States. The last earnings update was 2 days ago. More info.


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0JTY Share Price and Events
7 Day Returns
0%
LSE:0JTY
-1%
GB Consumer Finance
0.4%
GB Market
1 Year Returns
-11%
LSE:0JTY
-21.3%
GB Consumer Finance
-2.9%
GB Market
0JTY Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
LendingClub (0JTY) 0% 0% 0% -11% - -
GB Consumer Finance -1% -5.1% -7.9% -21.3% -72.3% -61.8%
GB Market 0.4% 2.6% 1.9% -2.9% 19.8% -2.4%
1 Year Return vs Industry and Market
  • 0JTY outperformed the Consumer Finance industry which returned -21.3% over the past year.
  • 0JTY underperformed the Market in United Kingdom of Great Britain and Northern Ireland which returned -2.9% over the past year.
Price Volatility
0JTY
Industry
5yr Volatility vs Market

0JTY Value

 Is LendingClub undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for LendingClub. This is due to cash flow or dividend data being unavailable. The share price is $3.47.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for LendingClub's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are LendingClub's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
LSE:0JTY PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in USD $-0.30
NYSE:LC Share Price ** NYSE (2018-11-23) in USD $3.37
United Kingdom of Great Britain and Northern Ireland Consumer Finance Industry PE Ratio Median Figure of 11 Publicly-Listed Consumer Finance Companies 9.69x
United Kingdom of Great Britain and Northern Ireland Market PE Ratio Median Figure of 814 Publicly-Listed Companies 15.92x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of LendingClub.

LSE:0JTY PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NYSE:LC Share Price ÷ EPS (both in USD)

= 3.37 ÷ -0.30

-11.11x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • LendingClub is loss making, we can't compare its value to the GB Consumer Finance industry average.
  • LendingClub is loss making, we can't compare the value of its earnings to the United Kingdom of Great Britain and Northern Ireland market.
Price based on expected Growth
Does LendingClub's expected growth come at a high price?
Raw Data
LSE:0JTY PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -11.11x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 12 Analysts
60.2%per year
United Kingdom of Great Britain and Northern Ireland Consumer Finance Industry PEG Ratio Median Figure of 7 Publicly-Listed Consumer Finance Companies 0.67x
United Kingdom of Great Britain and Northern Ireland Market PEG Ratio Median Figure of 577 Publicly-Listed Companies 1.28x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for LendingClub, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on LendingClub's assets?
Raw Data
LSE:0JTY PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in USD $2.02
NYSE:LC Share Price * NYSE (2018-11-23) in USD $3.37
United Kingdom of Great Britain and Northern Ireland Consumer Finance Industry PB Ratio Median Figure of 14 Publicly-Listed Consumer Finance Companies 1.64x
United Kingdom of Great Britain and Northern Ireland Market PB Ratio Median Figure of 1,361 Publicly-Listed Companies 1.52x
LSE:0JTY PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NYSE:LC Share Price ÷ Book Value per Share (both in USD)

= 3.37 ÷ 2.02

1.67x

* Primary Listing of LendingClub.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • LendingClub is overvalued based on assets compared to the GB Consumer Finance industry average.
X
Value checks
We assess LendingClub's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Consumer Finance industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Consumer Finance industry average (and greater than 0)? (1 check)
  5. LendingClub has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

0JTY Future Performance

 How is LendingClub expected to perform in the next 1 to 3 years based on estimates from 12 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
60.2%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is LendingClub expected to grow at an attractive rate?
  • LendingClub's earnings growth is expected to exceed the low risk savings rate of 1.2%.
Growth vs Market Checks
  • LendingClub's earnings growth is expected to exceed the United Kingdom of Great Britain and Northern Ireland market average.
  • LendingClub's revenue growth is expected to exceed the United Kingdom of Great Britain and Northern Ireland market average.
Annual Growth Rates Comparison
Raw Data
LSE:0JTY Future Growth Rates Data Sources
Data Point Source Value (per year)
LSE:0JTY Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 12 Analysts 60.2%
LSE:0JTY Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 12 Analysts 10.5%
United Kingdom of Great Britain and Northern Ireland Consumer Finance Industry Earnings Growth Rate Market Cap Weighted Average 31.5%
United Kingdom of Great Britain and Northern Ireland Consumer Finance Industry Revenue Growth Rate Market Cap Weighted Average 9.5%
United Kingdom of Great Britain and Northern Ireland Market Earnings Growth Rate Market Cap Weighted Average 10.2%
United Kingdom of Great Britain and Northern Ireland Market Revenue Growth Rate Market Cap Weighted Average 3.6%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
LSE:0JTY Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 12 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
LSE:0JTY Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2023-12-31 1,171 429 287 1
2022-12-31 1,123 399 219 1
2021-12-31 998 357 96 5
2020-12-31 884 285 19 11
2019-12-31 788 79 -15 12
LSE:0JTY Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2018-12-31 695 -128
2018-09-30 734 -692 -207
2018-06-30 691 -773 -191
2018-03-31 629 -560 -155
2017-12-31 575 -591 -154
2017-09-30 558 -153 -94
2017-06-30 512 -29 -124
2017-03-31 474 -27 -180
2016-12-31 501 1 -146
2016-09-30 507 14 -109
2016-06-30 509 52 -72
2016-03-31 501 78 6

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • LendingClub's earnings are expected to grow significantly at over 20% yearly.
  • LendingClub's revenue is expected to grow by 10.5% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
LSE:0JTY Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 12 Analyst Estimates (S&P Global) See Below

All data from LendingClub Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

LSE:0JTY Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2023-12-31 0.60 0.60 0.60 1.00
2022-12-31 0.46 0.46 0.46 1.00
2021-12-31 0.22 0.40 0.12 4.00
2020-12-31 0.07 0.28 -0.04 9.00
2019-12-31 -0.03 0.00 -0.06 10.00
LSE:0JTY Past Financials Data
Date (Data in USD Millions) EPS *
2018-12-31 -0.30
2018-09-30 -0.49
2018-06-30 -0.46
2018-03-31 -0.38
2017-12-31 -0.38
2017-09-30 -0.23
2017-06-30 -0.31
2017-03-31 -0.46
2016-12-31 -0.38
2016-09-30 -0.28
2016-06-30 -0.19
2016-03-31 0.01

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • LendingClub is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess LendingClub's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United Kingdom of Great Britain and Northern Ireland market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United Kingdom of Great Britain and Northern Ireland market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
LendingClub has a total score of 4/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

0JTY Past Performance

  How has LendingClub performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare LendingClub's growth in the last year to its industry (Consumer Finance).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • LendingClub does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare LendingClub's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare LendingClub's 1-year growth to the GB Consumer Finance industry average as it is not currently profitable.
Earnings and Revenue History
LendingClub's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from LendingClub Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

LSE:0JTY Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 694.81 -128.31 652.41
2018-09-30 733.88 -206.85 619.05
2018-06-30 690.56 -190.58 595.74
2018-03-31 628.79 -155.17 577.66
2017-12-31 574.54 -153.84 571.71
2017-09-30 558.29 -94.10 578.63
2017-06-30 511.51 -124.05 566.14
2017-03-31 474.25 -179.95 552.35
2016-12-31 500.81 -145.97 537.64
2016-09-30 507.49 -109.13 505.30
2016-06-30 508.74 -71.70 467.54
2016-03-31 501.17 5.52 418.93
2015-12-31 429.94 -5.00 370.77
2015-09-30 362.55 -18.60 310.33
2015-06-30 302.33 -26.92 264.13
2015-03-31 253.64 -31.97 225.68
2014-12-31 211.13 -32.89 193.06
2014-09-30 176.50 -23.67 157.73
2014-06-30 147.86 -13.58 128.21
2014-03-31 120.47 -5.41 98.52
2013-12-31 98.00 0.19 72.72
2013-09-30 76.54 -0.83 60.88
2013-06-30 59.02 -4.43 46.73
2013-03-31 44.84 -5.94 40.27
2012-12-31 33.81 -6.86 34.54
2012-09-30 25.07 -8.90 35.07
2012-06-30 18.57 -11.36 31.04
2012-03-31 15.80 -11.94 22.64

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if LendingClub has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if LendingClub has efficiently used its assets last year compared to the GB Consumer Finance industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if LendingClub improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess LendingClub's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Consumer Finance industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
LendingClub has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

0JTY Health

 How is LendingClub's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up LendingClub's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • LendingClub is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • LendingClub's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of LendingClub's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is covered by short term assets, assets are 4.7x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from LendingClub Company Filings, last reported 1 month ago.

LSE:0JTY Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 870.98 715.16 372.97
2018-09-30 868.09 305.34 348.02
2018-06-30 874.22 349.23 434.18
2018-03-31 915.12 354.92 405.08
2017-12-31 927.76 344.22 401.72
2017-09-30 999.85 0.00 384.38
2017-06-30 984.03 0.00 538.44
2017-03-31 972.42 0.00 534.45
2016-12-31 975.77 0.00 515.60
2016-09-30 976.54 0.00 520.77
2016-06-30 988.00 0.00 572.93
2016-03-31 1,050.28 15.11 583.84
2015-12-31 1,041.86 0.00 623.53
2015-09-30 1,015.64 0.00 579.21
2015-06-30 995.85 0.00 490.47
2015-03-31 982.10 0.00 874.13
2014-12-31 973.22 0.00 869.78
2014-09-30 141.54 49.22 82.67
2014-06-30 137.14 49.52 68.96
2014-03-31 68.81 0.00 64.60
2013-12-31 68.09 0.00 49.30
2013-09-30 61.86 0.00 62.19
2013-06-30 56.24 0.00 54.59
2013-03-31 53.28 0.00 51.31
2012-12-31 52.21 0.00 52.55
2012-09-30 51.55 0.00 52.41
2012-06-30 51.62 0.04 47.28
2012-03-31 36.34 0.36 31.24
  • LendingClub's level of debt (82.1%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (0% vs 82.1% today).
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • LendingClub has less than a year of cash runway based on current free cash flow.
  • LendingClub has less than a year of cash runway if free cash flow continues to grow at historical rates of 121.3% each year.
X
Financial health checks
We assess LendingClub's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. LendingClub has a total score of 2/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

0JTY Dividends

 What is LendingClub's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from LendingClub dividends. Estimated to be 0% next year.
If you bought $2,000 of LendingClub shares you are expected to receive $0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate LendingClub's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate LendingClub's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
LSE:0JTY Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 12 Analyst Estimates (S&P Global) See Below
United Kingdom of Great Britain and Northern Ireland Consumer Finance Industry Average Dividend Yield Market Cap Weighted Average of 10 Stocks 3.7%
United Kingdom of Great Britain and Northern Ireland Market Average Dividend Yield Market Cap Weighted Average of 709 Stocks 4.2%
United Kingdom of Great Britain and Northern Ireland Minimum Threshold Dividend Yield 10th Percentile 1.1%
United Kingdom of Great Britain and Northern Ireland Bottom 25% Dividend Yield 25th Percentile 1.9%
United Kingdom of Great Britain and Northern Ireland Top 25% Dividend Yield 75th Percentile 5.2%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

LSE:0JTY Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2023-12-31
2022-12-31
2021-12-31 0.00 3.00
2020-12-31 0.00 4.00
2019-12-31 0.00 4.00

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as LendingClub has not reported any payouts.
  • Unable to verify if LendingClub's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of LendingClub's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as LendingClub has not reported any payouts.
Future Payout to shareholders
  • No need to calculate the sustainability of LendingClub's dividends in 3 years as they are not expected to pay a notable one for United Kingdom of Great Britain and Northern Ireland.
X
Income/ dividend checks
We assess LendingClub's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.1%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can LendingClub afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. LendingClub has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

0JTY Management

 What is the CEO of LendingClub's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Scott Sanborn
COMPENSATION $6,756,624
AGE 49
TENURE AS CEO 2.8 years
CEO Bio

Mr. Scott C. Sanborn has been the Chief Executive Officer of LendingClub Corporation since June 28, 2016. Mr. Sanborn served as the President of LendingClub Corporation since April 18, 2016 until May 22, 2017. He served as Acting Chief Executive Officer of LendingClub Corporation from May 6, 2016 to June 28, 2016. Mr. Sanborn served as the Chief Operating & Marketing Officer at LendingClub Corporation from April 2013 to April 21, 2016 and served as its Chief Marketing Officer from May 24, 2010 to March 2013. Mr. Sanborn served as the Chief Marketing & Revenue Officer at eHealth, Inc. since November 2008. He served as Chief Marketing Officer of RedEnvelope Inc. from April 2007 to June 2008 and also served as its Interim President. Before joining RedEnvelope, Mr. Sanborn held several senior marketing positions at Home Shopping Network (HSN Inc.), a television and internet retailer of consumer products, from December 2002 to April 2007 and also held vice president of marketing positions at Home Shopping Network and for its online business. He served as Senior Vice President of Marketing at HSN, Inc. since October 10, 2005. Prior to Home Shopping Network, He worked in marketing and advertising agencies including i-traffic/Agency.com in San Francisco and Ammirati Puris Lintas in Holland. He has been a Director of LendingClub Corporation since August 8, 2016. He has been a Director of CircleUp Network, Inc. since January 2015. Mr. Sanborn holds a B.A. degree in English and Literature from Tufts University.

CEO Compensation
  • Scott's compensation has been consistent with company performance over the past year.
  • Scott's remuneration is higher than average for companies of similar size in United Kingdom of Great Britain and Northern Ireland.
Management Team Tenure

Average tenure and age of the LendingClub management team in years:

1.8
Average Tenure
52
Average Age
  • The average tenure for the LendingClub management team is less than 2 years, this suggests a new team.
Management Team

Scott Sanborn

TITLE
CEO & Director
COMPENSATION
$7M
AGE
49
TENURE
2.8 yrs

Steve Allocca

TITLE
President
COMPENSATION
$10M
AGE
45
TENURE
1.8 yrs

Tom Casey

TITLE
Chief Financial Officer
COMPENSATION
$4M
AGE
55
TENURE
2.4 yrs

Tim Bogan

TITLE
Chief Risk Officer
COMPENSATION
$906K
AGE
52
TENURE
2.3 yrs

Fergal Stack

TITLE
Principal Accounting Officer & Corporate Controller
TENURE
1.5 yrs

Bahman Koohestani

TITLE
Chief Technology Officer
AGE
56
TENURE
0.8 yrs

Simon Mays-Smith

TITLE
Head of Investor Relations

Brandon Pace

TITLE
Interim General Counsel & Corporate Secretary
TENURE
0.2 yrs

Whitney Jones

TITLE
Chief People Officer
TENURE
0.8 yrs

Valerie Kay

TITLE
Chief Capital Officer
TENURE
2.5 yrs
Board of Directors Tenure

Average tenure and age of the LendingClub board of directors in years:

2.6
Average Tenure
59
Average Age
  • The average tenure for the LendingClub board of directors is less than 3 years, this suggests a new board.
Board of Directors

Hans Morris

TITLE
Independent Chairman
COMPENSATION
$300K
AGE
59
TENURE
2.8 yrs

Scott Sanborn

TITLE
CEO & Director
COMPENSATION
$7M
AGE
49
TENURE
2.5 yrs

Dan Ciporin

TITLE
Director
COMPENSATION
$280K
AGE
60
TENURE
11.5 yrs

Simon Williams

TITLE
Director
COMPENSATION
$287K
AGE
60
TENURE
4.3 yrs

John Mack

TITLE
Director
COMPENSATION
$266K
AGE
74
TENURE
6.8 yrs

Mary Meeker

TITLE
Director
COMPENSATION
$247K
AGE
59
TENURE
6.7 yrs

Tim Mayopoulos

TITLE
Director
COMPENSATION
$266K
AGE
59
TENURE
2.5 yrs

Ken Denman

TITLE
Director
COMPENSATION
$350K
AGE
59
TENURE
1.7 yrs

Patty McCord

TITLE
Director
AGE
64
TENURE
1.2 yrs

Susan Athey

TITLE
Director
AGE
47
TENURE
0.9 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
05. Mar 18 Buy Shanda Payment Investment Limited Company 01. Mar 18 02. Mar 18 12,501,254 $3.73 $45,358,221
05. Mar 18 Buy Daniel Ciporin Individual 01. Mar 18 01. Mar 18 10,000 $3.73 $37,300
05. Mar 18 Buy John Morris Individual 01. Mar 18 01. Mar 18 10,000 $3.71 $37,082
02. Mar 18 Buy Kenneth Denman Individual 28. Feb 18 28. Feb 18 30,000 $3.16 $94,680
23. Feb 18 Buy John Mack Individual 22. Feb 18 22. Feb 18 50,000 $3.83 $191,500
X
Management checks
We assess LendingClub's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. LendingClub has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

0JTY News

Simply Wall St News

0JTY Company Info

Map
Description

LendingClub Corporation operates an online marketplace platform that connects borrowers and investors in the United States. Its marketplace facilitates various types of loan products for consumers and small businesses, including unsecured personal loans, unsecured education and patient finance loans, auto refinance loans, and unsecured small business loans. The company also provides an opportunity to the investors to invest in a range of loans based on term and credit. LendingClub Corporation was founded in 2006 and is headquartered in San Francisco, California.

Details
Name: LendingClub Corporation
0JTY
Exchange: LSE
Founded: 2006
$1,447,888,939
429,640,635
Website: http://www.lendingclub.com
Address: LendingClub Corporation
71 Stevenson Street,
Suite 1000,
San Francisco,
California, 94105,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NYSE LC Common Stock New York Stock Exchange US USD 11. Dec 2014
DB 8LC Common Stock Deutsche Boerse AG DE EUR 11. Dec 2014
LSE 0JTY Common Stock London Stock Exchange GB USD 11. Dec 2014
Number of employees
Current staff
Staff numbers
1,837
LendingClub employees.
Industry
Consumer Finance
Diversified Financials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/02/21 01:08
End of day share price update: 2018/11/23 00:00
Last estimates confirmation: 2019/02/20
Last earnings filing: 2019/02/19
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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 here.