LendingClub Corporation

LC

US52603A2087

Consumer Lending

Market Closed - Nyse Other stock markets 16:00:02 2024-06-28 EDT			5-day change	1st Jan Change
8.46 ^USD	+3.30%		+6.82%	-3.20%

06-07	BTIG Initiates LendingClub at Buy Rating With $12 Price Target	MT
06-05	LendingClub Chief Business Officer Ronnie Momen to Resign Mid-June	MT

LendingClub Corporation Announces Resignation of Ronnie Momen as Chief Business Officer, Effective June 14, 2024

June 05, 2024 at 05:01 pm

LendingClub Corporation announced that on June 3, 2024, Ronnie Momen, the Chief Business Officer of the company, informed the Company of his intent to resign from the Company effective as of June 14, 2024. Mr. Momen?s decision is not a result of any disagreement with the Company.

Latest news about LendingClub Corporation

BTIG Initiates LendingClub at Buy Rating With $12 Price Target	06-07	MT
LendingClub Chief Business Officer Ronnie Momen to Resign Mid-June	06-05	MT
LendingClub Corporation Announces Resignation of Ronnie Momen as Chief Business Officer, Effective June 14, 2024	06-05	CI
Transcript : LendingClub Corporation, Q1 2024 Earnings Call, Apr 30, 2024	04-30
Earnings Flash (LC) LENDINGCLUB CORPORATION Posts Q1 Revenue $180.7M, vs. Street Est of $173.8M	04-30	MT
LendingClub Corporation Reports Net Charge-Offs for the First Quarter Ended March 31, 2024	04-30	CI
LendingClub Corporation Reports Earnings Results for the First Quarter Ended March 31, 2024	04-30	CI
LendingClub CEO Scott Sanborn: Late payments on the rise	03-05	MT
LendingClub Q4 Adjusted Earnings, Revenue Decline	01-31	MT
Transcript : LendingClub Corporation, Q4 2023 Earnings Call, Jan 30, 2024	01-30
LendingClub Corporation Reports Earnings Results for the Full Year Ended December 31, 2023	01-30	CI
LendingClub Corporation Reports Earnings Results for the Fourth Quarter Ended December 31, 2023	01-30	CI
Earnings Flash (LC) LENDINGCLUB CORPORATION Reports Q4 EPS $0.09, vs. Street Est of $0.01	01-30	MT
Earnings Flash (LC) LENDINGCLUB CORPORATION Posts Q4 Revenue $185.6M	01-30	MT
LendingClub Corporation Reports Net Charge-Offs for the Fourth Quarter Ended December 31, 2023	01-30	CI
Piper Sandler Starts LendingClub With Overweight Rating, $8 Price Target	11-28	MT
Wedbush Lowers LendingClub's PT to $7 From $9 After Mostly In Line Results, Mixed Guidance Update, Maintains Outperform Rating on Discounted Valuation	23-10-26	MT
Transcript : LendingClub Corporation, Q3 2023 Earnings Call, Oct 25, 2023	23-10-25
Earnings Flash (LC) LENDINGCLUB CORPORATION Reports Q3 EPS $0.05	23-10-25	MT
Earnings Flash (LC) LENDINGCLUB CORPORATION Reports Q3 Revenue $200.8M, vs. Street Est of $196M	23-10-25	MT
LendingClub Corporation Reports Earnings Results for the Third Quarter Ended September 30, 2023	23-10-25	CI
North American Morning Briefing : Stock Futures Point Lower Ahead of Big Bank Earnings	23-10-13	DJ
LendingClub reducing 14% of workforce to ease cost pressures	23-10-12	RE
LendingClub Cuts 14% Workforce, Issues Preliminary Q3; Shares Rise After-Hours	23-10-12	MT
LendingClub to cut 14% of its workforce	23-10-12	RE

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Company Profile

LendingClub Corporation is the parent company of LendingClub Bank (LC Bank). The Company operates most of its business through LC Bank, as a lender and originator of loans and as a regulated bank in the United States. LC Bank is the digital marketplace bank in the United States where members can access a range of financial products and services designed to help them pay less when borrowing and earn more when saving. LC Bank holds loans and funds those loans directly with its own capital and deposits. LC Bankâs primary loan products include unsecured personal loans, secured auto refinance loans, and patient and education finance loans (Consumer Loans). LC Bankâs commercial lending business is primarily focused on small businesses, and it participates in the United States small business administration (SBA) lending programs. LC Bankâs deposit business includes sourcing deposits directly from consumer and commercial customers and from third-party marketing channels and deposit brokers.

Sector

Consumer Lending

Calendar

2024-07-23 - Q2 2024 Earnings Release (Projected)

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Russell 2000

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Analysis / Opinion

LendingClub CEO Scott Sanborn: Late payments on the rise

March 05, 2024 at 03:03 pm

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Ratings for LendingClub Corporation

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ESG Refinitiv

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Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

8.46 USD

Average target price

10.68 USD

Spread / Average Target

+26.18%

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Company calendar

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