Company Description
LendingClub Corp. engages in an online marketplace that facilitates loans to borrowers and investments. It operates through the LendingClub Bank and LendingClub Corporation (Parent Only) segments. The LendingClub Bank segment offers a full complement of financial products and solutions, including lo...
LendingClub Corp. engages in an online marketplace that facilitates loans to borrowers and investments. It operates through the LendingClub Bank and LendingClub Corporation (Parent Only) segments. The LendingClub Bank segment offers a full complement of financial products and solutions, including loans, leases and deposits. It originates loans to individuals and businesses, retains loans for investment, sells loans to investors and manages relationships with deposit holders. The LendingClub Corporation (Parent Only) segment refers to the holding company legal entity. The company was founded by Renaud Laplanche and Soulaiman Htite in 2006 and is headquartered in San Francisco, CA.
Valuation
P/E Current
2.35
P/E Ratio (with extraordinary items)
7.80
P/E Ratio (without extraordinary items)
3.16
Price to Sales Ratio
0.73
Price to Book Ratio
0.81
Price to Cash Flow Ratio
2.44
Enterprise Value to EBITDA
-0.94
Enterprise Value to Sales
-0.16
Total Debt to Enterprise Value
-122.20
Efficiency
Revenue/Employee
795,727.00
Income Per Employee
182,767.00
Total Asset Turnover
0.20
Profitability
Gross Margin
91.73
Operating Margin
13.88
Pretax Margin
12.13
Net Margin
22.97
Return on Assets
4.50
Return on Equity
28.76
Return on Total Capital
11.98
Return on Invested Capital
20.11
Capital Structure
Total Debt to Total Equity
17.83
Total Debt to Total Capital
15.13
Total Debt to Total Assets
2.60
Long-Term Debt to Equity
16.50
Long-Term Debt to Total Capital
14.01
Officers and Executives
Name | Age | Officer Since | Title |
---|---|---|---|
Mr. Scott C. Sanborn | 49 | 2010 | Chief Marketing Officer |
Mr. Andrew LaBenne | 47 | 2022 | |
Mr. Balaji Thiagarajan | - | 2022 | Chief Technology Officer |
Mr. Brandon Pace | 46 | 2019 | Secretary & General Counsel |
Ms. Annie Armstrong | - | 2020 | Chief Risk Officer |
Insider Actions
08/17/2023 |
Ronnie Momen Bank-Chief of Consumer Banking |
14,354 | Gift at $0 per share. | 0 |
06/15/2023 |
Scott C. Sanborn CEO; Director |
154,393 | Derivative/Non-derivative trans. at $9.41 per share. | 1,452,838 |
06/15/2023 |
Annie Armstrong Chief Risk Officer |
50,530 | Derivative/Non-derivative trans. at $9.41 per share. | 475,487 |
06/15/2023 |
Ronnie Momen Bank-Chief of Consumer Banking |
26,949 | Derivative/Non-derivative trans. at $9.41 per share. | 253,590 |
06/15/2023 |
Brandon Pace Chief Administrative Officer |
23,581 | Derivative/Non-derivative trans. at $9.41 per share. | 221,897 |
06/15/2023 |
Scott C. Sanborn CEO; Director |
293,243 | Derivative/Non-derivative trans. at $0 per share. | 0 |
06/15/2023 |
Annie Armstrong Chief Risk Officer |
95,972 | Derivative/Non-derivative trans. at $0 per share. | 0 |
06/15/2023 |
Ronnie Momen Bank-Chief of Consumer Banking |
51,185 | Derivative/Non-derivative trans. at $0 per share. | 0 |
06/15/2023 |
Brandon Pace Chief Administrative Officer |
44,787 | Derivative/Non-derivative trans. at $0 per share. | 0 |
06/08/2023 |
Hans Morris Director |
21,414 | Award at $0 per share. | 0 |
06/08/2023 |
Timothy J. Mayopoulos Director |
21,414 | Award at $0 per share. | 0 |
06/08/2023 |
Michael P. Zeisser Director |
21,414 | Award at $0 per share. | 0 |
06/08/2023 |
Allan R. Landon Director |
21,414 | Award at $0 per share. | 0 |
06/08/2023 |
Erin Selleck Director |
21,414 | Award at $0 per share. | 0 |
06/08/2023 |
Kathryn Reimann Director |
21,414 | Award at $0 per share. | 0 |
06/08/2023 |
Janey Whiteside Director |
21,414 | Award at $0 per share. | 0 |
06/08/2023 |
Stephen M. Cutler Director |
21,414 | Award at $0 per share. | 0 |
06/08/2023 |
S. Faiz Ahmad Director |
21,414 | Award at $0 per share. | 0 |
05/25/2023 |
Scott C. Sanborn CEO; Director |
18,406 | Derivative/Non-derivative trans. at $8.1 per share. | 149,088 |
05/25/2023 |
Annie Armstrong Chief Risk Officer |
21,741 | Derivative/Non-derivative trans. at $8.1 per share. | 176,102 |
05/25/2023 |
Ronnie Momen Bank-Chief of Consumer Banking |
21,426 | Derivative/Non-derivative trans. at $8.1 per share. | 173,550 |
05/25/2023 |
Brandon Pace Chief Administrative Officer |
12,638 | Derivative/Non-derivative trans. at $8.1 per share. | 102,367 |
05/25/2023 |
Fergal Stack SVP, Corporate Controller |
7,204 | Derivative/Non-derivative trans. at $8.1 per share. | 58,352 |
05/25/2023 |
Andrew LaBenne Chief Financial Officer |
5,712 | Derivative/Non-derivative trans. at $8.1 per share. | 46,267 |
05/25/2023 |
Scott C. Sanborn CEO; Director |
13,495 | 109,309 | |
05/25/2023 |
Scott C. Sanborn CEO; Director |
14,944 | Derivative/Non-derivative trans. at $0 per share. | 0 |
05/25/2023 |
Scott C. Sanborn CEO; Director |
8,253 | Derivative/Non-derivative trans. at $0 per share. | 0 |
05/25/2023 |
Scott C. Sanborn CEO; Director |
11,758 | Derivative/Non-derivative trans. at $0 per share. | 0 |
05/25/2023 |
Scott C. Sanborn CEO; Director |
13,495 | Derivative/Non-derivative trans. at $0 per share. | 0 |
05/25/2023 |
Annie Armstrong Chief Risk Officer |
7,748 | Derivative/Non-derivative trans. at $0 per share. | 0 |
05/25/2023 |
Annie Armstrong Chief Risk Officer |
4,279 | Derivative/Non-derivative trans. at $0 per share. | 0 |
05/25/2023 |
Annie Armstrong Chief Risk Officer |
5,487 | Derivative/Non-derivative trans. at $0 per share. | 0 |
05/25/2023 |
Annie Armstrong Chief Risk Officer |
23,777 | Derivative/Non-derivative trans. at $0 per share. | 0 |
05/25/2023 |
Ronnie Momen Bank-Chief of Consumer Banking |
13,948 | Derivative/Non-derivative trans. at $0 per share. | 0 |
05/25/2023 |
Ronnie Momen Bank-Chief of Consumer Banking |
10,270 | Derivative/Non-derivative trans. at $0 per share. | 0 |
05/25/2023 |
Ronnie Momen Bank-Chief of Consumer Banking |
9,754 | Derivative/Non-derivative trans. at $0 per share. | 0 |
05/25/2023 |
Ronnie Momen Bank-Chief of Consumer Banking |
6,718 | Derivative/Non-derivative trans. at $0 per share. | 0 |
05/25/2023 |
Brandon Pace Chief Administrative Officer |
7,748 | Derivative/Non-derivative trans. at $0 per share. | 0 |
05/25/2023 |
Brandon Pace Chief Administrative Officer |
4,279 | Derivative/Non-derivative trans. at $0 per share. | 0 |
05/25/2023 |
Brandon Pace Chief Administrative Officer |
6,096 | Derivative/Non-derivative trans. at $0 per share. | 0 |
05/25/2023 |
Brandon Pace Chief Administrative Officer |
5,878 | Derivative/Non-derivative trans. at $0 per share. | 0 |
05/25/2023 |
Fergal Stack SVP, Corporate Controller |
5,645 | Derivative/Non-derivative trans. at $0 per share. | 0 |
05/25/2023 |
Fergal Stack SVP, Corporate Controller |
3,118 | Derivative/Non-derivative trans. at $0 per share. | 0 |
05/25/2023 |
Fergal Stack SVP, Corporate Controller |
4,442 | Derivative/Non-derivative trans. at $0 per share. | 0 |
05/25/2023 |
Fergal Stack SVP, Corporate Controller |
5,098 | Derivative/Non-derivative trans. at $0 per share. | 0 |
05/25/2023 |
Andrew LaBenne Chief Financial Officer |
10,848 | Derivative/Non-derivative trans. at $0 per share. | 0 |
05/17/2023 |
Ronnie Momen Bank-Chief of Consumer Banking |
8,118 | Gift at $0 per share. | 0 |
05/09/2023 |
Stephen M. Cutler Director |
7,407 | Acquisition at $6.75 per share. | 49,997 |
05/05/2023 |
Stephen M. Cutler Director |
7,250 | Acquisition at $6.8 per share. | 49,300 |
04/20/2023 |
Janey Whiteside Director |
3,264 | Award at $0 per share. | 0 |
03/23/2023 |
Stephen M. Cutler Director |
5,790 | Award at $0 per share. | 0 |
02/25/2023 |
Scott C. Sanborn CEO; Director |
66,548 | Derivative/Non-derivative trans. at $9.61 per share. | 639,526 |
02/25/2023 |
Annie Armstrong Chief Risk Officer |
36,647 | Derivative/Non-derivative trans. at $9.61 per share. | 352,177 |
02/25/2023 |
Ronnie Momen Bank-Chief of Consumer Banking |
27,364 | Derivative/Non-derivative trans. at $9.61 per share. | 262,968 |
02/25/2023 |
Brandon Pace Chief Administrative Officer |
20,416 | Derivative/Non-derivative trans. at $9.61 per share. | 196,197 |
02/25/2023 |
Valerie Kay Bank-Chief Capital Officer |
21,953 | Derivative/Non-derivative trans. at $9.61 per share. | 210,968 |
02/25/2023 |
Fergal Stack SVP, Corporate Controller |
5,967 | Derivative/Non-derivative trans. at $9.61 per share. | 57,342 |
02/25/2023 |
Scott C. Sanborn CEO; Director |
27,273 | 262,093 | |
02/25/2023 |
Scott C. Sanborn CEO; Director |
8,252 | Derivative/Non-derivative trans. at $0 per share. | 0 |
02/25/2023 |
Scott C. Sanborn CEO; Director |
11,758 | Derivative/Non-derivative trans. at $0 per share. | 0 |
02/25/2023 |
Scott C. Sanborn CEO; Director |
110,177 | Derivative/Non-derivative trans. at $0 per share. | 0 |
02/25/2023 |
Scott C. Sanborn CEO; Director |
13,496 | Derivative/Non-derivative trans. at $0 per share. | 0 |
02/25/2023 |
Scott C. Sanborn CEO; Director |
9,985 | Derivative/Non-derivative trans. at $0 per share. | 0 |
02/25/2023 |
Annie Armstrong Chief Risk Officer |
4,279 | Derivative/Non-derivative trans. at $0 per share. | 0 |
02/25/2023 |
Annie Armstrong Chief Risk Officer |
5,487 | Derivative/Non-derivative trans. at $0 per share. | 0 |
02/25/2023 |
Annie Armstrong Chief Risk Officer |
36,058 | Derivative/Non-derivative trans. at $0 per share. | 0 |
02/25/2023 |
Annie Armstrong Chief Risk Officer |
23,778 | Derivative/Non-derivative trans. at $0 per share. | 0 |
02/25/2023 |
Ronnie Momen Bank-Chief of Consumer Banking |
10,270 | Derivative/Non-derivative trans. at $0 per share. | 0 |
02/25/2023 |
Ronnie Momen Bank-Chief of Consumer Banking |
9,755 | Derivative/Non-derivative trans. at $0 per share. | 0 |
02/25/2023 |
Ronnie Momen Bank-Chief of Consumer Banking |
19,231 | Derivative/Non-derivative trans. at $0 per share. | 0 |
02/25/2023 |
Ronnie Momen Bank-Chief of Consumer Banking |
6,718 | Derivative/Non-derivative trans. at $0 per share. | 0 |
02/25/2023 |
Ronnie Momen Bank-Chief of Consumer Banking |
5,991 | Derivative/Non-derivative trans. at $0 per share. | 0 |
02/25/2023 |
Brandon Pace Chief Administrative Officer |
4,279 | Derivative/Non-derivative trans. at $0 per share. | 0 |
02/25/2023 |
Brandon Pace Chief Administrative Officer |
6,097 | Derivative/Non-derivative trans. at $0 per share. | 0 |
02/25/2023 |
Brandon Pace Chief Administrative Officer |
16,828 | Derivative/Non-derivative trans. at $0 per share. | 0 |
02/25/2023 |
Brandon Pace Chief Administrative Officer |
5,878 | Derivative/Non-derivative trans. at $0 per share. | 0 |
02/25/2023 |
Brandon Pace Chief Administrative Officer |
5,692 | Derivative/Non-derivative trans. at $0 per share. | 0 |
02/25/2023 |
Valerie Kay Bank-Chief Capital Officer |
4,279 | Derivative/Non-derivative trans. at $0 per share. | 0 |
02/25/2023 |
Valerie Kay Bank-Chief Capital Officer |
5,487 | Derivative/Non-derivative trans. at $0 per share. | 0 |
02/25/2023 |
Valerie Kay Bank-Chief Capital Officer |
18,030 | Derivative/Non-derivative trans. at $0 per share. | 0 |
02/25/2023 |
Valerie Kay Bank-Chief Capital Officer |
6,298 | Derivative/Non-derivative trans. at $0 per share. | 0 |
02/25/2023 |
Valerie Kay Bank-Chief Capital Officer |
4,493 | Derivative/Non-derivative trans. at $0 per share. | 0 |
02/25/2023 |
Fergal Stack SVP, Corporate Controller |
3,117 | Derivative/Non-derivative trans. at $0 per share. | 0 |
02/25/2023 |
Fergal Stack SVP, Corporate Controller |
4,442 | Derivative/Non-derivative trans. at $0 per share. | 0 |
02/25/2023 |
Fergal Stack SVP, Corporate Controller |
5,098 | Derivative/Non-derivative trans. at $0 per share. | 0 |
02/25/2023 |
Fergal Stack SVP, Corporate Controller |
2,397 | Derivative/Non-derivative trans. at $0 per share. | 0 |
MarketWatch News on LC
-
LendingClub started at overweight with $11 stock price target at J.P. Morgan
- Tomi Kilgore
-
Etsy, Bill.com, and Others Disclose SVB Exposure
- Barron's Online
-
Upstart earnings: What to expect
- Emily Bary
-
LendingClub stock rallies 8% after hours after company announces layoffs
- Claudia Assis
-
LendingClub plans to lay off 14% of its workforce
- Claudia Assis
-
Lots of People Have Credit Problems. How Advisors Can Help.
- Barron's Online
-
Netflix's 'Get Smart With Money': A New Twist on Reality TV
- Barron's Online
-
The Rich Keep on Shopping. Here's What They're Buying.
- Barron's Online
-
Where You Bank Could Make a Big Difference Right Now
- Barron's Online
-
LendingClub stock rallies more than 20% after Q1 profit
- Claudia Assis
- Loading more headlines...
Other News on LC
-
Small-Business Lending Is About to Change, With Simpler Requirements
- The Wall Street Journal Interactive Edition
-
- Edgar Online - (EDG = 10Q, 10K)
-
- Edgar Online - (EDG = 10Q, 10K)
-
New to the Casualty List: Mosaic and Resideo
- GuruFocus.com
-
LendingClub’s New CFO Tasked With Preparing Its Balance Sheet for a Downturn
- The Wall Street Journal Interactive Edition
-
The $42 Billion Question: Why Aren’t Americans Ditching Big Banks?
- The Wall Street Journal Interactive Edition
-
Top 5 3rd Quarter Trades of BAYVIEW ASSET MANAGEMENT, LLC
- GuruFocus.com
-
Bear of the Day: Lending Club (LC)
- Zacks.com
-
- Edgar Online - (EDG = 10Q, 10K)