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.

LendingClub Corporation

LendingClub Patient Solutions

Since our founding in 2006, we have transformed the banking industry by bringing a traditional credit product - the installment loan - online and we’ve been on the fast track ever since. We are one of the first fintechs to acquire a national bank charter, which has transformed our business economics and introduced all new capabilities, and now others are following our lead, validating the strength of our model. We are one of America’s largest providers of unsecured personal loans, originating more than $70 billion in loans to our over 4 million high-FICO, high-income members and helping them save millions on their cost of credit. And we’re just getting started. 

The Problem We Are Solving:
More than 50% of Americans are living paycheck to paycheck – and that includes people making over $100K annually. We’re able to provide cost-effective ways for our members to bridge cash flow gaps and better ways to lend, spend, and save. 

A Culture that Delivers

Impact: We’re tackling big problems, but we’re a small enough organization for each individual to make a real difference 

People: We’re a group of smart, kind, low-ego, and values-driven people from a wide variety of industries and backgrounds who are committed to our mission

Ideas: We seek out the best ideas – no matter where they come from – to look beyond what is possible today

Values: It’s not just what you accomplish, it’s also how you accomplish it that matters

Even Financial

Two Sigma

Employee Stock Option Fund

FinSight Ventures

T. Rowe Price

BlackRock

Sands Capital Ventures

DST Global

Coatue

Flint Capital

Panorama Point Partners

LendingClub

Thank you for all the love ❤️

We're grateful to share that we were just named one of America's 100 Most Loved Workplaces by Newsweek once again!

Why our employees love us: https://lnkd.in/e3fcWP6t

This month, we examine the financial lifestyles of U.S. consumers and explore how they use credit cards to manage their cash flows.

A key finding: Nearly 60% of credit cardholders in the U.S. live paycheck to paycheck and revolving on credit cards has increased in 2023 relative to 2022.

Check out our Paycheck-to-Paycheck research series, in partnership with PYMNTS to see the most recent findings: https://rb.gy/ae46y4

4 in 10 consumers plan to tap into savings to cover holiday expenses. Dive into more data in the latest Paycheck-to-Paycheck Report, a PYMNTS Intelligence & LendingClub collaboration: https://lnkd.in/e2sY-mhf

This month, we examine U.S. consumers' financial lifestyles and spending choices going into the 2023 holiday shopping season. 

A few key findings: while 77% of consumers plan to participate in the 2023 holiday shopping season, 66% cite access to fewer resources as a reason to spend less overall, and more than 1/3 of consumers plan to use savings to cover the cost.

Check out our Paycheck-to-Paycheck research series, in partnership with PYMNTS to see the most recent findings: https://ow.ly/gsKc50Q9who

Today, LendingClub Bank announced it crossed $1 Billion personal loans sold through its Structured Loan Certificates Program.  

We welcome Davidson Kempner Capital Management LP, Atalaya Capital Management, Nelnet, Inc. and Värde Partners, who join a growing list of marketplace loan investors seeking competitive yield from a provider of choice in the asset class.
   
Check out the news here: https://ow.ly/CcQK50Q5WRB

New data from PYMNTS Intelligence finds consumers deplete two-thirds of their savings every four years. Dive into the data with the latest Paycheck-to-Paycheck Report, our collaboration w/ LendingClub: https://lnkd.in/empQsnci

This month, we take a deep dive into consumers' ability to preserve their savings in the current economic environment, especially when faced with major expenditures.

A key finding: consumers deplete an average of 67% of all available savings once every four years, with Generation Z doing so as often as every two years.
 
Check out our Paycheck-to-Paycheck research series, in partnership with PYMNTS, to see the most recent findings: https://ow.ly/lGkv50Q2i4o

Hello, Fall 🍂 Start growing your money this new season.

Apply for our High-Yield Savings account to earn 4.50% APY on your entire balance: https://bit.ly/3DttvEi

Looking to handle your finances in a 🔆 smart, simple, and rewarding way? We've got you covered. Browse our offers and see how we can help: https://bit.ly/3PwSEEe

📢 This just in! We're honored to be named one of the Best Online Banks and Best Neobanks of 2023 by GOBankingRates!

Explore our award-winning products to make the most of your money: https://bit.ly/45kKgMz

	Dec '13	Dec '14	Dec '15	Dec '16	Dec '17	Dec '18	Dec '19	Dec '20	Dec '21	Dec '22	Dec '23
revenue	80.02M -	173.80M 117.19%	368.61M 112.09%	426.05M 15.58%	487.65M 14.46%	595.44M 22.10%	731.90M 22.92%	304.86M 58.35%	802.42M 163.21%	1.17B 45.38%	1.27B 8.83%
cost of revenue							157.32M -	48.33M 69.28%	50.71M 4.93%	104.28M 105.63%	312.75M 199.91%
gross profit	80.02M -	173.80M 117.19%	368.61M 112.09%	426.05M 15.58%	487.65M 14.46%	595.44M 22.10%	574.58M 3.50%	256.52M 55.35%	751.70M 193.03%	1.06B 41.31%	956.77M 9.93%
selling and marketing expenses	37.43M -	85.65M 128.83%	171.53M 100.26%	216.67M 26.32%	229.87M 6.09%	268.52M 16.82%	235.34M 12.36%	51.52M 78.11%	156.14M 203.08%	197.75M 26.65%	93.84M 52.55%
general and administrative expenses	19.76M -	81.14M 310.67%	122.18M 50.59%	207.17M 69.56%	191.68M 7.48%	228.64M 19.28%	333.63M 45.92%	252.52M 24.31%	288.39M 14.21%	339.40M 17.69%	261.95M 22.82%
selling general and administrative expenses	57.19M -	166.79M 191.65%	293.71M 76.10%	423.84M 44.31%	421.55M 0.54%	497.16M 17.94%	568.97M 14.44%	304.04M 46.56%	444.53M 46.21%	537.14M 20.83%	355.79M 33.76%
research and development expenses
other expenses						-1.22B -	-715.10M 41.43%	-553.29M 22.63%	-613.12M 10.81%	-714.52M 16.54%	-653.36M 8.56%
cost and expenses						-723.70M -	872.42M 220.55%	605.00M 30.65%	802.63M 32.67%	1.09B 35.32%	1.21B 11.37%
operating expenses						-723.70M -	715.10M 198.81%	553.29M 22.63%	613.12M 10.81%	714.52M 16.54%	653.36M 8.56%
interest expense	187.45M -	356.62M 90.25%	549.74M 54.16%	688.37M 25.22%	571.42M 16.99%	385.61M 32.52%	247.30M 35.87%	150.37M 39.20%	80.00M 46.80%	82.52M 3.14%	5.24M 93.65%
ebitda	8.97M -	-21.25M 336.83%	19.42M 191.39%	-120.31M 719.67%	-107.00M 11.07%	-73.50M 31.30%	31.20M 142.46%	-133.59M 528.09%	62.73M 146.96%	196.87M 213.84%	350.61M 78.10%
operating income	7.31M -	-31.50M 531.09%	-2.16M 93.14%	-150.20M 6,847.13%	-153.20M 2.00%	-128.26M 16.28%	-30.95M 75.87%	-187.62M 506.27%	18.44M 109.83%	153.04M 729.74%	303.42M 98.26%
depreciation and amortization	1.66M -	10.26M 516.84%	21.58M 110.35%	29.88M 38.48%	46.21M 54.63%	54.76M 18.52%	62.15M 13.49%	54.03M 13.07%	44.28M 18.04%	43.83M 1.03%	47.20M 7.67%
total other income expenses net					-210K -	155K 173.81%	55K 64.52%	-159.45M 290,005.45%	-212.37M 33.19%	-289.39M 36.26%	-248.80M 14.03%
income before tax	7.31M -	-31.50M 531.09%	-2.16M 93.14%	-150.20M 6,847.13%	-153.41M 2.14%	-128.11M 16.49%	-30.89M 75.89%	-187.62M 507.35%	18.44M 109.83%	153.04M 729.74%	54.62M 64.31%
income tax expense		1.39M -	2.83M 103.81%	-4.23M 249.24%	632K 114.95%	43K 93.20%	-201K 567.44%	-79K 60.70%	-136K 72.15%	-136.65M 100,376.47%	15.68M 111.47%
net income	7.31M -	-32.89M 550.11%	-5.00M 84.81%	-145.97M 2,822.30%	-153.84M 5.39%	-128.31M 16.59%	-30.75M 76.04%	-187.54M 509.98%	18.58M 109.91%	289.69M 1,459.12%	38.94M 86.56%
weighted average shs out	11.59M -	15.11M 30.39%	74.97M 396.03%	77.55M 3.44%	81.80M 5.48%	84.58M 3.40%	87.28M 3.19%	90.44M 3.62%	98.14M 8.51%	103.55M 5.51%	108.47M 4.75%
weighted average shs out dil	11.59M -	15.11M 30.39%	74.97M 396.03%	77.55M 3.44%	81.80M 5.48%	84.58M 3.40%	87.28M 3.19%	90.44M 3.62%	102.15M 12.95%	104.00M 1.81%	108.47M 4.30%
eps	0.02 -	-2.18 13,312.12%	-0.07 96.94%	-1.88 2,722.82%	-1.88 0%	-1.52 19.15%	-0.35 76.97%	-2.07 491.43%	0.19 109.18%	2.80 1,373.68%	0.36 87.14%
epsdiluted	0.02 -	-2.18 13,312.12%	-0.07 96.94%	-1.88 2,722.82%	-1.88 0%	-1.52 19.15%	-0.35 76.97%	-2.07 491.43%	0.18 108.70%	2.79 1,450%	0.36 87.10%

NYSE:LC

LendingClub Corp

Last Close

9.37

17/05 20:00

Market Cap

975.88M

Beta: 1.95

Volume Today

710.63K

Avg: 2.03M

PE Ratio

18.31

PFCF: −2.74