LendingClub Corporation is the parent company of LendingClub Bank, National Association, Member FDIC. It is the first digital marketplace bank in the US. Members can gain access to a broad range of financial products and services through a technology-driven platform, designed to help them pay less when borrowing and earn more when saving. Since 2007, more than 3 million members have joined the Club to help reach their financial goals.

Company profile
Ticker
LC
Exchange
Website
CEO
Scott Sanborn
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
Consumer Loan Underlying Bond (CLUB) Depositor, LLC ...
LC stock data
Latest filings (excl ownership)
8-K
LendingClub Reports Fourth Quarter and Full Year 2022 Results
25 Jan 23
8-K
Other Events
19 Jan 23
8-K
LendingClub Announces Plan to Streamline Operations
12 Jan 23
8-K
LendingClub Acquires $1 Billion Personal Loan Portfolio
2 Dec 22
10-Q
2022 Q3
Quarterly report
1 Nov 22
8-K
LendingClub Reports Third Quarter 2022 Results
26 Oct 22
8-K
LendingClub Announces Two New Board Directors
2 Aug 22
10-Q
2022 Q2
Quarterly report
1 Aug 22
8-K
LendingClub Reports Second Quarter 2022 Results
27 Jul 22
8-K
LendingClub Names Drew LaBenne as New Chief Financial Officer
27 Jul 22
Transcripts
LC
Earnings call transcript
2022 Q4
25 Jan 23
LC
Earnings call transcript
2022 Q3
26 Oct 22
LC
Earnings call transcript
2022 Q2
28 Jul 22
LC
Earnings call transcript
2022 Q1
28 Apr 22
LC
Earnings call transcript
2021 Q4
27 Jan 22
LC
Earnings call transcript
2021 Q3
28 Oct 21
LC
Earnings call transcript
2021 Q2
29 Jul 21
LC
Earnings call transcript
2021 Q1
29 Apr 21
LC
Earnings call transcript
2020 Q4
11 Mar 21
LC
Earnings call transcript
2020 Q3
4 Nov 20
Financial summary
Quarter (USD) | Sep 22 | Jun 22 | Mar 22 | Dec 21 | |
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Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 21 | Dec 20 | Dec 19 | Dec 18 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 1.02 bn | 1.02 bn | 1.02 bn | 1.02 bn | 1.02 bn | 1.02 bn |
Cash burn (monthly) | 27.70 mm | (no burn) | (no burn) | 777.17 k | (no burn) | (no burn) |
Cash used (since last report) | 114.63 mm | n/a | n/a | 3.22 mm | n/a | n/a |
Cash remaining | 904.50 mm | n/a | n/a | 1.02 bn | n/a | n/a |
Runway (months of cash) | 32.7 | n/a | n/a | 1307.2 | n/a | n/a |
Institutional ownership, Q3 2022
78.9% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 210 |
Opened positions | 33 |
Closed positions | 29 |
Increased positions | 69 |
Reduced positions | 67 |
13F shares | Current |
---|---|
Total value | 916.35 mm |
Total shares | 82.92 mm |
Total puts | 1.05 mm |
Total calls | 845.20 k |
Total put/call ratio | 1.2 |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 13.11 mm | $144.88 mm |
Jackson Square Partners | 8.56 mm | $94.63 mm |
BLK Blackrock | 7.23 mm | $79.88 mm |
Rubric Capital Management | 4.86 mm | $53.72 mm |
Harspring Capital Management | 2.16 mm | $23.87 mm |
Citadel Advisors | 2.09 mm | $23.05 mm |
No Street GP | 2.05 mm | $22.65 mm |
Foundation Capital | 2.03 mm | $22.39 mm |
Geode Capital Management | 1.83 mm | $20.17 mm |
Dimensional Fund Advisors | 1.79 mm | $19.83 mm |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
23 Dec 22 | Morris John C. | Common Stock | Payment of exercise | Dispose F | No | No | 3.475 | 52,906 | 183.85 k | 162,102 |
23 Dec 22 | Morris John C. | Common Stock | Option exercise | Acquire M | No | No | 3.475 | 132,000 | 458.70 k | 215,008 |
23 Dec 22 | Morris John C. | Stock Option Common Stock | Option exercise | Dispose M | No | No | 3.475 | 132,000 | 458.70 k | 0 |
28 Nov 22 | Annie Armstrong | Common Stock | Sell | Dispose S | No | No | 10.0802 | 38,322 | 386.29 k | 165,435 |
28 Nov 22 | Valerie Kay | Common Stock | Sell | Dispose S | No | No | 10.0845 | 22,392 | 225.81 k | 172,497 |
28 Nov 22 | Fergal Stack | Common Stock | Sell | Dispose S | No | No | 10.0897 | 6,240 | 62.96 k | 145,329 |
25 Nov 22 | Annie Armstrong | Common Stock | Option exercise | Acquire M | No | No | 0 | 4,279 | 0.00 | 203,757 |
25 Nov 22 | Annie Armstrong | Common Stock | Option exercise | Acquire M | No | No | 0 | 5,487 | 0.00 | 199,478 |
25 Nov 22 | Annie Armstrong | Common Stock | Option exercise | Acquire M | No | No | 0 | 36,058 | 0.00 | 193,991 |
25 Nov 22 | Annie Armstrong | Common Stock | Option exercise | Acquire M | No | No | 0 | 23,777 | 0.00 | 157,933 |
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26 Jan 23
Janney Montgomery Scott Downgrades LendingClub to Neutral
26 Jan 23
Press releases
LendingClub Named a Winner of the 2023 Top Workplaces USA Award and is Included in the 2023 Bloomberg Gender-Equality Index
2 Feb 23
9.3 Million More U.S. Consumers Ended 2022 Living Paycheck to Paycheck Than in 2021
30 Jan 23
LendingClub Reports Fourth Quarter and Full Year 2022 Results
25 Jan 23
New Study Traces Unprecedented Use of Short-Term Payment Relief During the Pandemic to Assist Consumers Struggling with Credit Card Debts
19 Jan 23
LendingClub Bank Wins Multiple Awards in GOBankingRates' "Best Online Banks of 2023" Lists
18 Jan 23