LC - LendingClub Corporation

NYSE - NYSE Delayed Price. Currency in USD
3.58
-0.02 (-0.56%)
At close: 4:06PM EDT

3.56 -0.02 (-0.56%)
After hours: 5:15PM EDT

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Previous Close3.60
Open3.60
Bid0.00 x 29200
Ask3.78 x 28000
Day's Range3.54 - 3.62
52 Week Range2.57 - 6.15
Volume2,161,113
Avg. Volume3,476,920
Market Cap1.515B
Beta (3Y Monthly)0.87
PE Ratio (TTM)N/A
EPS (TTM)-0.46
Earnings DateNov 6, 2018
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est5.04
Trade prices are not sourced from all markets
  • Report: Goldman Sachs scaling back on loan origination target for Marcus
    Yahoo Finance Video10 days ago

    Report: Goldman Sachs scaling back on loan origination target for Marcus

    Goldman Sachs is reportedly scaling back on its loan origination target for Marcus — which is its growing online lending platform — for 2019. There are two reasons for this - one is the current stage of the credit cycle. The second is changes in market data. CEO David Solomon has been very optimistic on Marcus’ growth - saying it’s going to be very big and very profitable over time. I

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    Market Realist10 hours ago

    Square Expands and Diversifies Its Credit Business

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  • Did PayPal Live Up to Its Q3 2018 Targets?
    Market Realist4 days ago

    Did PayPal Live Up to Its Q3 2018 Targets?

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  • Why PayPal Is Kicking Some Customers Out
    Market Realist6 days ago

    Why PayPal Is Kicking Some Customers Out

    As much as PayPal (PYPL) is in heated competition with Square (SQ), LendingClub (LC), eBay-backed (EBAY) Adyen, and others for payment and loan customers, there comes a time when the company decides to put its foot down and kick out some customers. This happens when PayPal determines that a customer is in violation of its rules and is promoting hate, which is what happened recently in the case of Infowars. Last month, PayPal decided to terminate its business dealings with Infowars, a far-right American media platform run by controversial radio host Alex Jones.

  • InvestorPlace7 days ago

    If This Analyst Is Right, Square Stock Is About to Crash

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  • PR Newswire7 days ago

    Secret Shame Erodes Quality of Life: America's Health Crisis Starts with Financial Woes

    SAN FRANCISCO, Oct. 11, 2018 /PRNewswire/ -- LendingClub Corporation (LC), America's largest online lending marketplace connecting borrowers and investors, today released initial findings from its inaugural 2018 Financial Health Survey. The study, conducted online by The Harris Poll on behalf of LendingClub, shows connections between Americans' financial health and overall well-being and concluded that the two are inextricably linked. The key takeaway: Bad financial health negatively impacts the body and the mind.

  • PR Newswire9 days ago

    LendingClub Schedules Third Quarter 2018 Earnings Release and Conference Call

    SAN FRANCISCO , Oct. 9, 2018 /PRNewswire/ --  LendingClub  (NYSE: LC), America's largest online lending marketplace connecting borrowers and investors, announced that it will report earnings for the third ...

  • After much drama, LendingClub founder Renaud Laplanche gets a slap on the wrist by the SEC
    TechCrunch17 days ago

    After much drama, LendingClub founder Renaud Laplanche gets a slap on the wrist by the SEC

    In May of 2016, LendingClub CEO Renaud Laplanche faced the most embarrassing outcome imaginable for a founder. Laplanche, said LendingClub’s board at the time, had taken out loans on the platform for himself and family members without being transparent about them. Laplanche reportedly also did not disclose a personal stake in an investment firm in which LendingClub had considered making an investment.

  • PR Newswire17 days ago

    LendingClub Responds to DOJ and SEC Settlements

    SAN FRANCISCO, Oct. 1, 2018 /PRNewswire/ -- LendingClub (LC) announced today that it has entered into settlements with the Department of Justice (DOJ) and the Securities and Exchange Commission (SEC). "We are pleased to have resolution and closure," said LendingClub Chairman Hans Morris. "Following an internal review in 2016, LendingClub's Board of Directors accepted the resignation of Renaud Laplanche as Chairman and CEO of the Company.

  • Investopedia18 days ago

    Penny Stocks to Watch for October 2018

    This all-new Penny Stocks to Watch for October brings a broad mix of companies involved in industries as diverse as mining, financial services, industrial products and online gaming. A penny stock is generally defined as a stock that has a low share price and small market capitalization.

  • See what the IHS Markit Score report has to say about LendingClub Corp.
    Markit18 days ago

    See what the IHS Markit Score report has to say about LendingClub Corp.

    This represents an increase in short interest as investors who seek to profit from falling equity prices added to their short positions on September 27. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.

  • The Wall Street Journal20 days ago

    [$$] LendingClub Settles Federal Charges of Misleading Bank Partner

    LendingClub Corp., an online lender, reached an agreement with federal prosecutors on Friday to settle charges it defrauded the bank it uses to issue loans to consumers. The Justice Department charges and settlement were announced on the same day former Chief Executive Renaud Laplanche, former finance chief Carrie Dolan and a LendingClub unit agreed to settle Securities and Exchange Commission accusations of improperly inflating returns and misusing investor money. LendingClub and its unit agreed to pay $6 million in penalties in the SEC and Justice Department cases.

  • The Wall Street Journal20 days ago

    LendingClub Settles Federal Charges of Misleading Bank Partner

    LendingClub Corp., an online lender, reached an agreement with federal prosecutors on Friday to settle charges it defrauded the bank it uses to issue loans to consumers. The Justice Department charges and settlement were announced on the same day former Chief Executive Renaud Laplanche, former finance chief Carrie Dolan and a LendingClub unit agreed to settle Securities and Exchange Commission accusations of improperly inflating returns and misusing investor money. LendingClub and its unit agreed to pay $6 million in penalties in the SEC and Justice Department cases.

  • SEC charges former LendingClub CEO Renaud Laplanche with fraud
    American City Business Journals20 days ago

    SEC charges former LendingClub CEO Renaud Laplanche with fraud

    Laplanche, LendingClub, and former CFO Carrie Dolan have agreed to settle with the SEC regarding the charges. Laplanche now runs Upstart, a fintech company that is rapidly expanding its offices in Phoenix.

  • LendingClub's ex-CEO Barred by SEC Over Improper Loan Purchases
    Bloomberg20 days ago

    LendingClub's ex-CEO Barred by SEC Over Improper Loan Purchases

    LendingClub Corp.’s former chief executive officer agreed to be banned from the securities industry for at least three years to resolve allegations that he misused investors’ money. Renaud Laplanche, 47, will pay $200,000 to settle U.S. Securities and Exchange Commission claims that he directed an advisory fund to buy loans that were at risk of going unfunded, thereby depriving LendingClub of revenue, the agency said in a statement Friday. The investment adviser, LendingClub Asset Management, agreed to pay $4 million over the claims, and former Chief Financial Officer Carrie Dolan, 53, was fined $65,000.

  • SEC charges former LendingClub CEO Renaud Laplanche with fraud
    American City Business Journals20 days ago

    SEC charges former LendingClub CEO Renaud Laplanche with fraud

    Laplanche, LendingClub, and former CFO Carrie Dolan have agreed to settle with the SEC regarding the charges.

  • SEC charges former LendingClub CEO Renaud Laplanche with fraud
    American City Business Journals20 days ago

    SEC charges former LendingClub CEO Renaud Laplanche with fraud

    Laplanche, LendingClub, and former CFO Carrie Dolan have agreed to settle with the SEC regarding the charges.

  • SEC charges former LendingClub CEO Renaud Laplanche with fraud
    American City Business Journals20 days ago

    SEC charges former LendingClub CEO Renaud Laplanche with fraud

    Laplanche, LendingClub, and former CFO Carrie Dolan have agreed to settle with the SEC regarding the charges.

  • MarketWatch20 days ago

    LendingClub Asset Management, former president Laplanche charged with misleading investors

    LendingClub Asset Management and its former president, Renaud Laplanche, were charged by the Securities and Exchange Commission with purchasing interests in certain loans that were at risk of going unfunded, to benefit LendingClub Corp., not the fund. LendingClub Corp. was not charged since it promptly self-reported the misconduct, the SEC said. LendingClub Asset Management, Laplanche and former CFO Carrie Dolan also were charged with improperly adjusting fund returns. Without admitting or denying the finding, LendingClub Asset Management agreed to pay a $4 million fine, Laplanche agreed to a $200,000 fine and a securities industry bar for at least three years, and Dolan agreed to a $65,000 fine. LendingClub Asset Management reimbursed approximately $1 million to investors who were adversely impacted by the improperly adjusted monthly returns.

  • Reuters20 days ago

    LendingClub Asset Management, executives to pay $4.2 mln to settle SEC charges

    LendingClub Asset Management LLC, its former president and former chief financial officer will pay more than $4.2 million to settle charges of wrongly using fund money to benefit its parent company and improperly adjusting returns, the Securities and Exchange Commission said on Friday. The SEC said it had not recommended charges against the parent company, LendingClub Corporation, because it promptly reported its executives' misconduct, thoroughly remediated the problem, and cooperated with the investigation. The asset management group and its executives did not admit or deny the allegations and former president Renaud Laplanche was barred from the securities industry.

  • PayPal Closes Its Largest Acquisition—iZettle
    Market Realist22 days ago

    PayPal Closes Its Largest Acquisition—iZettle

    PayPal (PYPL) has completed the acquisition of iZettle. In May, PayPal announced a deal to buy iZettle, saying it would spend about $2.2 billion toward that transaction. At $2.2 billion, iZettle is PayPal’s largest acquisition and one that helps PayPal expand in the lucrative POS (point of sale) payments market.

  • Square: What Does the Bank Account of the Future Look Like?
    Market Realist23 days ago

    Square: What Does the Bank Account of the Future Look Like?

    Square (SQ) is busy building its Cash App platform into a bank account of the future. Speaking at Recode’s Code Commerce 2018 event recently, Square’s CFO, Sarah Friar, said the Cash App would begin to look more and more like a bank account, saying the company has explored developing the app into an investment and banking product of the future.

  • Understanding Renaud Laplanche's next Upgraded act
    TechCrunch26 days ago

    Understanding Renaud Laplanche's next Upgraded act

    Renaud Laplanche spent ten years building LendingClub. Circumventing conventional banking channels for consumer credit began in 1996 when Chris Larsen started E-LOAN, which ultimately led to Prosper Marketplace. While LendingClub has struggled in the public markets since their late 2014 IPO, they have managed to propel their industry into significance, while rapidly expanding their share of the personal loan market to 10%.

  • The Wall Street Journal29 days ago

    [$$] Some Companies Spend Plenty to Lure Executives Willing to Relocate

    Senior managers are winning flexible schedules that allow them to commute long distances, extended temporary-housing contracts and bigger sums to cover money lost on home sales, recruiters and compensation specialists say. “Talented executives asked to relocate now have the power to get what they need from an employer,” said Hayes Reilly, a managing partner at Preston & Partners Talent Solutions, an executive-search firm. LendingClub Corp. spent nearly $6.4 million to bring two new top officers and their families to the San Francisco Bay Area in 2017, according to an analysis of data from company proxies by research firm Equilar Inc. That sum largely reflects $3 million in relocation bonuses for Steve Allocca, the new president, and Thomas Casey, LendingClub’s chief financial officer.