LendingClub Corporation, operates as a bank holding company for LendingClub Bank, National Association that provides range of financial products and services through a technology-driven platform in the United States.
Price History & Performance
|Historical stock prices|
|Current Share Price||US$34.37|
|52 Week High||US$4.40|
|52 Week Low||US$36.34|
|1 Month Change||18.07%|
|3 Month Change||116.44%|
|1 Year Change||567.38%|
|3 Year Change||119.62%|
|5 Year Change||46.26%|
|Change since IPO||-70.66%|
Recent News & Updates
LendingClub: Should Be Valued More Like Upstart
LC has a similar business model, financials and growth trajectory to Upstart. Yet its valuation is a fraction of its peer. In the near term, it is all about the origination volumes of the marketplace. LC is also benefiting massively from being a fully-licensed national bank. I remain "very bullish"
|LC||US Consumer Finance||US Market|
Return vs Industry: LC exceeded the US Consumer Finance industry which returned 80.4% over the past year.
Return vs Market: LC exceeded the US Market which returned 30.3% over the past year.
Stable Share Price: LC is more volatile than 75% of US stocks over the past 3 months, typically moving +/- 15% a week.
Volatility Over Time: LC's weekly volatility (15%) has been stable over the past year, but is still higher than 75% of US stocks.
About the Company
LendingClub Corporation, operates as a bank holding company for LendingClub Bank, National Association that provides range of financial products and services through a technology-driven platform in the United States. The company provides commercial and industrial, commercial real estate, small business, and equipment loans, as well as leases equipment; and unsecured personal and auto, patient finance, and education finance loans. It also operates an online lending marketplace platform that connects borrowers and investors.
LendingClub Fundamentals Summary
|LC fundamental statistics|
Is LC overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|LC income statement (TTM)|
|Cost of Revenue||US$46.33m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
Oct 27, 2021
|Earnings per share (EPS)||-1.00|
|Net Profit Margin||-17.95%|
How did LC perform over the long term?See historical performance and comparison
Is LendingClub undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate LC's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate LC's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: LC is unprofitable, so we can't compare its PE Ratio to the US Consumer Finance industry average.
PE vs Market: LC is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate LC's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: LC is overvalued based on its PB Ratio (4.4x) compared to the US Consumer Finance industry average (1.8x).
How is LendingClub forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: LC is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2%).
Earnings vs Market: LC is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: LC's is expected to become profitable in the next 3 years.
Revenue vs Market: LC's revenue (19.7% per year) is forecast to grow faster than the US market (9.9% per year).
High Growth Revenue: LC's revenue (19.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: LC's Return on Equity is forecast to be high in 3 years time (33.1%)
How has LendingClub performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: LC is currently unprofitable.
Growing Profit Margin: LC is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: LC is unprofitable, but has reduced losses over the past 5 years at a rate of 0.6% per year.
Accelerating Growth: Unable to compare LC's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: LC is unprofitable, making it difficult to compare its past year earnings growth to the Consumer Finance industry (128.1%).
Return on Equity
High ROE: LC has a negative Return on Equity (-12.95%), as it is currently unprofitable.
How is LendingClub's financial position?
Financial Position Analysis
Short Term Liabilities: LC's short term assets ($3.2B) exceed its short term liabilities ($194.4M).
Long Term Liabilities: LC's short term assets ($3.2B) do not cover its long term liabilities ($3.4B).
Debt to Equity History and Analysis
Debt Level: LC's debt to equity ratio (102.6%) is considered high.
Reducing Debt: LC's debt to equity ratio has increased from 0.8% to 102.6% over the past 5 years.
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.
Stable Cash Runway: Whilst unprofitable LC has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: LC is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 1.3% per year.
What is LendingClub current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate LC's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate LC's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if LC's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if LC's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of LC's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Scott Sanborn (52 yo)
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, 2...
CEO Compensation Analysis
Compensation vs Market: Scott's total compensation ($USD5.91M) is about average for companies of similar size in the US market ($USD5.19M).
Compensation vs Earnings: Scott's compensation has been consistent with company performance over the past year.
Experienced Management: LC's management team is seasoned and experienced (5 years average tenure).
Experienced Board: LC's board of directors are considered experienced (3.6 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: LC insiders have sold more shares than they have bought in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 8.9%.
LendingClub Corporation's employee growth, exchange listings and data sources
- Name: LendingClub Corporation
- Ticker: LC
- Exchange: NYSE
- Founded: 2006
- Industry: Consumer Finance
- Sector: Diversified Financials
- Market Cap: US$3.389b
- Shares outstanding: 98.60m
- Website: https://www.lendingclub.com
Number of Employees
- LendingClub Corporation
- 595 Market Street
- Suite 200
- San Francisco
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/23 22:21|
|End of Day Share Price||2021/10/22 00:00|
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.