LendingClub Corporation Stock News

SAN FRANCISCO , Jan. 10, 2024 /PRNewswire/ -- LendingClub Corporation (NYSE: LC), the parent company of LendingClub Bank, America's leading digital marketplace bank, announced that it will report ear

LendingClub (LC) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.

If you could go back to 2014, odds are you'd want to invest in Bitcoin.

LendingClub has crossed the $1 billion mark in personal loans sold through its Structured Loan Certificates Program (SLCLC Program) since the launch of that program in April.  The company expects to

LendingClub saw loan originations continue to decline in the quarter ended Sept. 30 as bank investors remain cautious.

The headline numbers for LendingClub (LC) give insight into how the company performed in the quarter ended September 2023, but it may be worthwhile to compare some of its key metrics to Wall Street es

LendingClub Corporation (NYSE:LC ) Q3 2023 Earnings Conference Call October 25, 2023 5:00 PM ET Company Participants Artem Nalivayko - Vice President of Finance Scott Sanborn - Chief Executive Officer

LendingClub is laying off 172 employees — about 14% of its workforce — to reduce costs and navigate the “challenging macroenvironment.” The move will result in savings of about $30 million to

LendingClub Corp. LC, -6.19% on Thursday said it would reduce its workforce by around 14%, or 172 employees, as it navigates what it said were “macroeconomic headwinds and the resulting pressure in

I'm increasingly skeptical about LendingClub Corporation as an investment due to two crucial metrics: rapidly growing balance sheet loans and a declining return on assets. LendingClub's expanding loan

LendingClub has tapped Santander Consumer as the primary loan servicer for its auto refinance portfolio.  The partnership, announced Tuesday (Sept.

The company is still facing big pressures on its marketplace business and these aren't likely to go away this year. The expansion of its own loan portfolio produces much less initial earnings (and up-

LendingClub beat quarterly estimates but revenue and earnings were down sharply from a year ago. Guidance called for a sequential decline in loan originations and revenue in the third quarter.

While the top- and bottom-line numbers for LendingClub (LC) give a sense of how the business performed in the quarter ended June 2023, it could be worth looking at how some of its key metrics compare

Shares of LendingClub Corp. LC, +0.10% dropped more than 5% in the extended session Wednesday after the financial services company beat quarterly earnings expectations but said that it expected “hea