|Bid||2.9500 x 21500|
|Ask||3.0100 x 21500|
|Day's Range||2.9750 - 3.0350|
|52 Week Range||2.4600 - 4.5500|
|Beta (3Y Monthly)||1.40|
|PE Ratio (TTM)||N/A|
|Earnings Date||Aug 5, 2019 - Aug 9, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||4.40|
SAN FRANCISCO, June 18, 2019 /PRNewswire/ -- After extensive testing, LendingClub (LC), America's largest online marketplace connecting borrowers and investors, today announced the broader launch of balance transfer. Supporting borrowers who are looking to consolidate debt or refinance their credit cards, balance transfer loans offer the ability to seamlessly pay credit cards and high-interest debt as part of the personal loan process. For many customers, balance transfer loans will also come with the most competitive rates through LendingClub.
(Bloomberg) -- The buying spree during Chewy Inc.’s debut session is reaching levels rarely seen since the 2008 financial crisis.
Moody's Investors Service has assigned provisional ratings to the notes to be issued by Consumer Loan Underlying Bond (CLUB) Credit Trust 2019-P1 (CLUB 2019-P1), the first marketplace lending transaction issued from the CLUB platform this year.
This year's recipient has managed to run 20 marathons, along with a key part of Charles Schwab's operations.
Former PayPal and Providian Financial Executive Brings Two Decades of Experience Driving Growth Strategies for Leading Financial Services Companies SAN FRANCISCO , June 10, 2019 /PRNewswire/ -- LendingClub ...
LendingClub Corp NYSE:LCView full report here! Summary * Bearish sentiment is low and declining * Economic output for the sector is expanding but at a slower rate Bearish sentimentShort interest | PositiveShort interest is low for LC with fewer than 5% of shares on loan. Additionally, this was an improvement in sentiment as investors who seek to profit from falling equity prices reduced their short positions on May 13. Money flowETF/Index ownership | NeutralETF activity is neutral. The net inflows of $664 million over the last one-month into ETFs that hold LC are not among the highest of the last year and have been slowing. Economic sentimentPMI by IHS Markit | NegativeAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Financials sector is rising. The rate of growth is weak relative to the trend shown over the past year, however, and is easing. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to firstname.lastname@example.org.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
Funds managed by Meeker’s firm have sold 1.6 million shares of the online lending marketplace. She is also stepping down from the company’s board.
LendingClub reported a 22% increase in transaction fees that led to a 15% increase in revenue to $174.4 million and adjusted earnings of 2 cents per share. "With 3 million borrowers served and our simplification efforts well underway, we are driving both revenue growth and margin expansion," said Scott Sanborn, CEO of LendingClub. "Our simplification program is transforming LendingClub, enabling us to grow responsibly and increase our operating leverage.
LendingClub (LC) delivered earnings and revenue surprises of 0.00% and 2.96%, respectively, for the quarter ended March 2019. Do the numbers hold clues to what lies ahead for the stock?
On a per-share basis, the San Francisco-based company said it had a loss of 5 cents. Losses, adjusted for non-recurring costs, were 3 cents per share. The results met Wall Street expectations. The average ...
LendingClub Corp beat quarterly profit estimates on Tuesday, boosted by a rise in loan originations that helped the online-loan marketplace earn more in fees from processing transactions. Transaction fees ...
LendingClub Corp posted a smaller quarterly loss on Tuesday, as the online-loan marketplace earned more in fees from processing transactions. The San Francisco-based company's net loss narrowed to $19.9 ...
Net revenue up 15% year-over-year on 18% loan origination volume growth SAN FRANCISCO , May 7, 2019 /PRNewswire/ -- LendingClub Corporation (NYSE: LC), America's largest online lending marketplace connecting ...
Hedge funds run by legendary names like George Soros and David Tepper make billions of dollars a year for themselves and their super-rich accredited investors (you’ve got to have a minimum of $1 million liquid to invest in a hedge fund) by spending enormous resources on analyzing and uncovering data about small-cap stocks that the […]