Streetbeat News

LendingClub Corporation

https://www.lendingclub.com

Industry

Financial - Credit Services

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 Corporation was incorporated in 2006 and is headquartered in San Francisco, California.

Open

13.08

Mkt cap

1.4B

Volume

High

13.18

P/E Ratio

28.36

52-wk high

18.75

Low

12.34

Div yield

N/A

52-wk low

7.48

LendingClub reported strong Q4 2024 earnings, but its guidance fell short of expectations, leading to a stock sell-off. The company received an investment grade rating on its senior note, allowing sales to insurance companies, which could improve loan sale pricing.

Portfolio Pulse from

February 20, 2025 | 3:30 pm

LendingClub's Q4 earnings report highlights the company's performance against Wall Street estimates and year-ago values. Investors should focus on key metrics to assess the company's financial health.

Portfolio Pulse from

February 14, 2025 | 3:45 pm

LendingClub Corporation has secured an investment grade rating from Fitch Ratings for its $100 million Structured Loan Certificates (SLCLC) transaction, which includes participation from a top global insurance company. This marks a significant achievement for LendingClub, highlighting its credit stewardship and commitment to strong returns for investors.

Portfolio Pulse from

February 13, 2025 | 9:15 pm

The article discusses a fintech company that experienced a significant sell-off following its earnings report. Despite this, market analyst Tom Lee of Fundstrat has expressed optimism about the financial sector, naming it his favorite investment for 2025.

Portfolio Pulse from

February 10, 2025 | 10:45 am

LendingClub's stock dropped 20% after mixed earnings results and guidance, but it may present a buying opportunity for long-term investors. The company focuses on high credit quality and aims for over $2.3 billion in 2025, with a low current valuation.

Portfolio Pulse from

February 10, 2025 | 2:00 am

LendingClub provided conservative guidance for 2025, disappointing the market. Despite this, the fintech plans to double loan originations and expand into new investment products. LC stock is seen as attractive at less than 10x peak earnings potential, but growth will take time.

Portfolio Pulse from

January 30, 2025 | 12:45 pm

LendingClub (LC) is highlighted as a potential top pick for momentum investors. The article explores whether LC has the characteristics to be a great momentum stock.

Portfolio Pulse from

January 29, 2025 | 6:15 pm

LendingClub's stock fell by 21% despite the company reporting quarterly revenue that exceeded Wall Street estimates.

Portfolio Pulse from

January 29, 2025 | 1:00 pm

LendingClub's shares dropped 23% after hours due to decelerating growth in loan originations and cautious forward-looking guidance, despite some positive metrics in their latest quarterly results.

Portfolio Pulse from

January 29, 2025 | 2:30 am

LendingClub Corporation held its Q4 2024 earnings call on January 28, 2025. Key participants included CEO Scott Sanborn and CFO Drew LaBenne, with analysts from various firms attending.

Portfolio Pulse from

January 29, 2025 | 2:00 am

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