In terms of twelve month growth in earnings before interest and taxes, LendingClub Corp is reporting a growth rate of 258.02%; that's higher than 94.42% of US stocks.
Revenue growth over the past 12 months for LendingClub Corp comes in at -43.16%, a number that bests just 6.94% of the US stocks we're tracking.
LendingClub Corp's shareholder yield -- a measure of how much capital is returned to stockholders via dividends and buybacks -- is 62.33%, greater than the shareholder yield of 96.29% of stocks in our set.
Stocks that are quantitatively similar to LC, based on their financial statements, market capitalization, and price volatility, are FLDM, TUFN, PRO, STXS, and MBII.
LendingClub operates as an online marketplace for connecting borrowers and investors in the United States. Its marketplace facilitates various types of loan products for consumers and small businesses, including unsecured personal loans, super prime consumer loans, unsecured education and patient finance loans, and unsecured small business loans. The company was founded in 2006 and is based in San Francisco, California.
The company, poised to complete its purchase of Radius Bank, will enjoy new cross-selling opportunities, gain additional sources of fee income and capital as well as benefit from greater regulatory clarity, CEO Scott Sanborn says.
In today’s top news in digital-first banking, LendingClub said it has attained all of the regulatory approvals to close its $185 million acquisition of Radius Bancorp, while Euro area banks have reportedly scaled back lending to safeguard against risk. Plus, Plaid plans to focus on growth in Europe. LendingClub Gets OK To Acquire Radius Bancorp […]
In today’s top news, LendingClub gets approval to acquire Radius Bancorp, and GDPR fines have escalated as European regulators step up enforcement. And Plaid plans to double the size of its European offices. LendingClub Gets OK To Acquire Radius Bancorp LendingClub has gotten the regulatory approvals it needs to close its $185 million Radius Bancorp […]
LendingClub said Tuesday (Jan. 19) it has received all the regulatory approvals necessary to close its $185 million acquisition of Radius Bancorp. The stage is now set for the deal to close in early February. In an interview with Karen Webster, Anuj Nayar, vice president and U.S. financial health officer at LendingClub, said the combination […]
SAN FRANCISCO, Jan. 19, 2021 /PRNewswire/ -- LendingClub Corporation (NYSE: LC), America's leading online lending marketplace connecting borrowers and investors, today announced that Al Landon, Erin Selleck and LendingClub's chief financial officer, Tom Casey, will join as the newest…