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LendingClub Corp.

NYS: LC

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LendingClub Corp.

After Hours

 --Quotes are delayed by 20 min

Oct 3, 2023, 7:14 p.m.

LC
/zigman2/quotes/202691252/composite

$

5.78

Change

+0.08 +1.40%

Volume

Volume 17,656

Quotes are delayed by 20 min

/zigman2/quotes/202691252/composite

Today's close

$ 6.03

$ 5.70

Change

-0.33 -5.47%

Day low

Day high

$5.65

$5.96

Open

52 week low

52 week high

$5.65

$12.38

Open

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

– Purchase – Sale 1 – Number of Transactions
Date Name Shares Transaction Value
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
/news/latest/company/us/lc

MarketWatch News on LC

  3. LendingClub started at overweight with $11 stock price target at J.P. Morgan

    6:16 a.m. April 11, 2023

    - Tomi Kilgore

  5. Etsy, Bill.com, and Others Disclose SVB Exposure

    7:41 p.m. March 11, 2023

    - Barron's Online

  7. Upstart earnings: What to expect

    9:36 a.m. Feb. 14, 2023

    - Emily Bary

  11. LendingClub stock rallies 8% after hours after company announces layoffs

    5:10 p.m. Jan. 12, 2023

    - Claudia Assis

  12. LendingClub plans to lay off 14% of its workforce

    5:10 p.m. Jan. 12, 2023

    - Claudia Assis

  14. Lots of People Have Credit Problems. How Advisors Can Help.

    4:23 p.m. Sept. 22, 2022

    - Barron's Online

  15. Netflix's 'Get Smart With Money': A New Twist on Reality TV

    3:00 a.m. Sept. 18, 2022

    - Barron's Online

  16. The Rich Keep on Shopping. Here's What They're Buying.

    6:46 p.m. Aug. 31, 2022

    - Barron's Online

  19. Where You Bank Could Make a Big Difference Right Now

    3:51 p.m. June 6, 2022

    - Barron's Online

  20. LendingClub stock rallies more than 20% after Q1 profit

    4:58 p.m. April 27, 2022

    - Claudia Assis

  21. Loading more headlines...
/news/nonmarketwatch/company/us/lc

Other News on LC

  1. Small-Business Lending Is About to Change, With Simpler Requirements

    11:59 a.m. Aug. 1, 2023

    - The Wall Street Journal Interactive Edition

  2. 10-Q: LENDINGCLUB CORP

    4:16 p.m. May 2, 2023

    - Edgar Online - (EDG = 10Q, 10K)

  3. 10-K: LENDINGCLUB CORP

    5:48 p.m. Feb. 9, 2023

    - Edgar Online - (EDG = 10Q, 10K)

  4. New to the Casualty List: Mosaic and Resideo

    10:31 a.m. Jan. 16, 2023

    - GuruFocus.com

  5. LendingClub’s New CFO Tasked With Preparing Its Balance Sheet for a Downturn

    3:32 a.m. Dec. 23, 2022

    - The Wall Street Journal Interactive Edition

  6. The $42 Billion Question: Why Aren’t Americans Ditching Big Banks?

    1:54 p.m. June 1, 2023

    - The Wall Street Journal Interactive Edition

  7. Top 5 3rd Quarter Trades of BAYVIEW ASSET MANAGEMENT, LLC

    9:00 p.m. Nov. 14, 2022

    - GuruFocus.com

  9. Bear of the Day: Lending Club (LC)

    6:30 a.m. Nov. 3, 2022

    - Zacks.com

  10. 10-Q: LENDINGCLUB CORP

    4:35 p.m. Nov. 1, 2022

    - Edgar Online - (EDG = 10Q, 10K)

At a Glance

LendingClub Corp.

595 Market Street

Suite 200

San Francisco, California 94105

Phone

1 4156325600

Industry

Consumer Finance

Sector

Financial Services

Fiscal Year-end

12/2023

View SEC Filings

Revenue

$1.26B

Net Income

$289.69M

2022 Sales Growth

41.0%

Employees

1,585

Annual Report for LC

/news/pressrelease/company/us/lc

Press Releases on LC

  3. LendingClub Reports First Quarter 2023 Results

    4:07 p.m. April 26, 2023

    - PR Newswire - PRF

  4. LendingClub Appoints Janey Whiteside to its Board of Directors

    4:10 p.m. April 24, 2023

    - PR Newswire - PRF

  6. LendingClub Appoints Stephen Cutler to its Board of Directors

    4:10 p.m. March 27, 2023

    - PR Newswire - PRF

  11. LendingClub Reports Fourth Quarter and Full Year 2022 Results

    5:06 p.m. Jan. 25, 2023

    - PR Newswire - PRF

  13. LendingClub Announces Plan to Streamline Operations

    5:06 p.m. Jan. 12, 2023

    - PR Newswire - PRF

  14. Kraken Appoints Dan Ciporin to Board of Directors

    9:00 a.m. Jan. 11, 2023

    - BusinessWire - BZX

  16. One-Third of Consumers Report They Are Not Currently Saving Any Money

    8:05 a.m. Dec. 15, 2022

    - PR Newswire - PRF

  18. LendingClub Acquires $1 Billion Personal Loan Portfolio

    9:00 a.m. Dec. 2, 2022

    - PR Newswire - PRF

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