LendingClub Corp Stock News

LendingClub reported solid 4Q24 earnings, but guidance came in below expectations, causing the stock to sell off after earnings. Management recently announced it received an investment grade rating on the senior note of its structured certificates, enabling the company to sell these notes to insurance companies. Selling the senior notes to insurance companies should lead to better pricing on lo...

SAN FRANCISCO , Feb. 13, 2025 /PRNewswire/ -- LendingClub Corporation (NYSE: LC), the parent company of LendingClub Bank, America's leading digital marketplace bank, today closed on a $100 million LendingClub Structured Loan Certificates (SLCLC) program transaction where it secured an investment grade rating from Fitch Ratings, Inc. (Fitch) on the series notes and gained participation from a to...

Popular market analyst Tom Lee of Fundstrat recently called the financial sector his favorite investment for 2025.

LendingClub's stock fell 20% post-earnings due to mixed results and guidance, presenting a buying opportunity for long-term investors. Despite concerns over loan origination growth, LC focuses on high credit quality and prudent growth, aiming for >$2.3 billion in 2025. Valuation remains low, and if 2025 guidance is conservative, the stock could see significant upside, currently trading at ~1.2x...

LendingClub disappointed the market with conservative guidance for 2025. The fintech's potential remains high, with plans to double loan originations over time and expand into new investment products, including a rated structured certificate program. LC stock is attractive at less than 10x peak earnings potential, but patience is required for full growth realization.

The web-based lending company's quarterly revenue beat Wall Street estimates.

LendingClub's latest quarterly results, released Tuesday (Jan. 28), indicated growth across several key metrics, including loan originations and deposits through its digital banking arm, and some improving credit metrics. However, in some cases, growth decelerated in the final quarter of the year, and forward-looking guidance helped send shares down 23% after hours on Tuesday.

LendingClub Corporation (NYSE:LC ) Q4 2024 Earnings Conference Call January 28, 2025 5:00 PM ET Company Participants Artem Nalivayko - IR Scott Sanborn - CEO Drew LaBenne - CFO Conference Call Participants Vincent Caintic - BTIG Brad Capuzzi - Piper Sandler Tim Switzer - KBW Giuliano Bologna - Compass Bill Ryan - Seaport Research Partners John Hecht - Jefferies Reggie Smith - JPMorgan Operator ...