Financial Snapshot

Revenue
$1.017B
TTM
Gross Margin
76.43%
TTM
Net Earnings
$51.77M
TTM
Current Assets
$1.017B
Q3 2024
Current Liabilities
$9.460B
Q3 2024
Current Ratio
10.75%
Q3 2024
Total Assets
$11.04B
Q3 2024
Total Liabilities
$9.695B
Q3 2024
Book Value
$1.343B
Q3 2024
Cash
$991.4M
Q3 2024
P/E
34.48
Nov 29, 2024 EST
Free Cash Flow
-$3.312B
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008
Revenue $1.135B $1.270B $818.6M $314.7M $758.6M $694.8M $574.5M $500.8M $429.9M $211.1M $98.00M $15.80M $47.80M $19.20M $2.300M $400.0K
YoY Change -10.58% 55.1% 160.13% -58.52% 9.18% 20.93% 14.72% 16.48% 103.64% 115.43% 520.38% -66.95% 148.96% 734.78% 475.0%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008
Revenue $1.135B $1.270B $818.6M $314.7M $758.6M $694.8M $574.5M $500.8M $429.9M $211.1M $98.00M $15.80M $47.80M $19.20M $2.300M $400.0K
Cost Of Revenue $270.8M $82.52M $141.5M $246.6M $385.6M $571.4M $688.4M $549.7M $356.6M $187.4M $56.60M $32.00M $12.70M $1.400M $1.500M
Gross Profit $864.6M $1.187B $314.7M $758.6M $694.8M $574.5M $500.8M $429.9M $211.1M $98.00M $28.60M $15.80M $6.400M $800.0K -$1.100M
Gross Profit Margin 76.15% 93.5% 100.0% 100.0% 100.0% 99.99% 100.0% 99.99% 99.99% 100.0% 181.05% 33.05% 33.33% 34.78% -275.0%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008
Selling, General & Admin $462.0M $658.8M $555.8M $292.1M $517.7M $497.2M $421.5M $423.8M $293.7M $166.8M $71.87M $22.64M $25.00M $15.80M $9.300M $9.100M
YoY Change -29.88% 18.53% 90.31% -43.58% 4.13% 17.94% -0.54% 44.31% 76.1% 132.07% 217.42% -9.43% 58.23% 69.89% 2.2%
% of Gross Profit 53.43% 55.49% 92.81% 68.25% 71.55% 73.38% 84.63% 68.32% 79.01% 73.34% 79.17% 158.23% 246.88% 1162.5%
Research & Development $139.1M $168.4M $155.3M $142.3M $115.4M $77.06M $38.52M $15.53M $2.700M $2.000M $1.700M $1.900M
YoY Change -17.42% 8.45% 9.13% 23.32% 49.69% 100.07% 148.06% 35.0% 17.65% -10.53%
% of Gross Profit 44.18% 22.2% 22.35% 24.76% 23.03% 17.93% 18.25% 15.84% 17.09% 31.25% 212.5%
Depreciation & Amortization $47.20M $43.83M $5.575M $56.53M $62.15M $54.76M $46.21M $29.88M $21.58M $10.26M $1.663M $150.0K $100.0K $100.0K $100.0K $100.0K
YoY Change 7.67% 686.21% -90.14% -9.05% 13.49% 18.52% 54.63% 38.48% 110.35% 516.84% 1008.67% 50.0% 0.0% 0.0% 0.0%
% of Gross Profit 5.46% 3.69% 17.96% 8.19% 7.88% 8.04% 5.97% 5.02% 4.86% 1.7% 0.52% 0.63% 1.56% 12.5%
Operating Expenses $810.0M $1.034B $799.4M $502.3M $789.5M $822.9M $728.0M $651.0M $432.1M $242.6M $90.69M $27.74M $27.80M $17.80M $11.10M $11.00M
YoY Change -21.68% 29.37% 59.14% -36.37% -4.06% 13.05% 11.82% 50.66% 78.09% 167.53% 226.93% -0.21% 56.18% 60.36% 0.91%
Operating Profit $54.62M $153.0M -$187.6M -$30.90M -$128.1M -$153.5M -$150.2M -$2.205M -$31.53M $7.306M $859.0K -$12.00M -$11.40M -$10.30M -$12.10M
YoY Change -64.31% 507.22% -75.88% -16.51% 2.16% 6712.2% -93.01% -531.59% 750.52% -107.16% 5.26% 10.68% -14.88%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008
Interest Expense $270.8M $82.52M $80.00M $150.4M $247.3M $385.6M $571.4M $688.4M $549.7M $356.6M $187.4M $32.03M
YoY Change 228.17% 3.14% -46.8% -39.2% -35.87% -32.52% -16.99% 25.22% 54.16% 90.25% 485.22%
% of Operating Profit 495.8% 53.92% 2565.66% 3728.75%
Other Income/Expense, Net $43.52M $45.04M $34.53M $37.37M
YoY Change -3.39% 30.44% -7.59%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008
Pretax Income $54.62M $153.0M $18.44M -$187.6M -$30.90M -$128.3M -$153.2M -$150.2M -$2.200M -$31.50M $7.308M -$11.94M -$11.90M -$11.30M -$10.30M -$12.10M
YoY Change -64.31% 729.74% -109.83% 507.12% -75.92% -16.25% 2.0% 6727.27% -93.02% -531.09% -161.19% 0.37% 5.31% 9.71% -14.88%
Income Tax $15.68M -$136.6M -$136.0K -$79.00K -$201.0K $43.00K $632.0K -$4.228M $2.833M $1.390M $0.00 $0.00 $0.00
% Of Pretax Income 28.71% -89.29% -0.74% 0.0%
Net Earnings $38.94M $289.7M $18.58M -$187.5M -$30.75M -$128.3M -$153.8M -$146.0M -$4.995M -$32.89M $7.308M -$11.94M -$11.94M -$11.30M -$10.30M -$12.10M
YoY Change -86.56% 1459.12% -109.91% 509.98% -76.04% -16.59% 5.39% 2822.3% -84.81% -550.11% -161.19% 0.0% 5.7% 9.71% -14.88%
Net Earnings / Revenue 3.43% 22.81% 2.27% -59.59% -4.05% -18.47% -26.78% -29.15% -1.16% -15.58% 7.46% -75.61% -24.99% -58.85% -447.83% -3025.0%
Basic Earnings Per Share -$0.35 -$1.52 -$1.88 -$0.38 -$0.01 -$0.44 $0.00 -$1.36
Diluted Earnings Per Share $0.36 $2.785M $0.18 -$2.407M -$0.35 -$1.52 -$1.88 -$0.38 -$0.01 -$0.44 $0.00 -$1.36 -$164.8K -$156.5K -$142.7K -$167.6K

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008
Cash & Short-Term Investments $1.253B $1.057B $687.1M $525.0M $243.8M $373.0M $401.7M $515.6M $623.5M $869.8M $49.30M $52.60M $31.20M $13.30M $2.600M $12.00M
YoY Change 18.49% 53.83% 30.88% 115.34% -34.64% -7.14% -22.09% -17.31% -28.32% 1664.3% -6.27% 68.59% 134.59% 411.54% -78.33%
Cash & Equivalents $1.238B $1.034B $651.5M $525.0M $243.8M $373.0M $401.7M $515.6M $623.5M $869.8M $49.30M $52.60M $31.20M $13.30M $2.600M $12.00M
Short-Term Investments
Other Short-Term Assets $16.50M $14.90M $25.60M $23.40M $17.00M $16.30M $6.800M $3.500M $1.500M $700.0K $100.0K $200.0K $100.0K
YoY Change 10.74% -41.8% 9.4% 37.65% 4.29% 139.71% 94.29% 133.33% 114.29% 600.0% -50.0% 100.0%
Inventory
Prepaid Expenses
Receivables $10.20M $19.00M $19.30M $10.00M $7.600M $5.000M $1.700M $400.0K $100.0K
Other Receivables $5.200M $12.90M $22.30M $36.10M $41.80M $39.20M $24.50M $34.10M $5.500M
Total Short-Term Assets $1.253B $1.057B $687.1M $556.9M $290.6M $440.2M $471.2M $582.0M $684.0M $902.8M $87.30M $59.70M $34.30M $13.50M $2.900M $12.20M
YoY Change 18.49% 53.83% 23.38% 91.64% -33.98% -6.58% -19.04% -14.91% -24.24% 934.14% 46.23% 74.05% 154.07% 365.52% -76.23%
Property, Plant & Equipment $161.5M $136.5M $175.3M $170.7M $207.9M $113.9M $101.9M $89.30M $55.90M $27.10M $12.60M $1.600M $500.0K $200.0K $100.0K $100.0K
YoY Change 18.35% -22.15% 2.7% -17.89% 82.53% 11.78% 14.11% 59.75% 106.27% 115.08% 687.5% 220.0% 150.0% 100.0% 0.0%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $2.290B $1.382B $707.7M $322.4M $1.037B $1.013B $714.6M $297.0M $298.1M $700.0K $200.0K $700.0K $3.300M $5.300M $56.10M $8.400M
YoY Change 65.71% 95.27% 119.52% -68.91% 2.36% 41.77% 140.61% -0.37% 42485.71% 250.0% -71.43% -78.79% -37.74% -90.55% 567.86%
Other Assets $41.64M $67.45M $76.46M $103.5M $244.8M $273.2M $245.5M $178.8M $80.70M $46.80M $12.20M $7.500M $4.900M $900.0K $1.400M $500.0K
YoY Change -38.26% -11.78% -26.13% -57.72% -10.4% 11.28% 37.3% 121.56% 72.44% 283.61% 62.67% 53.06% 444.44% -35.71% 180.0%
Total Long-Term Assets $7.575B $6.923B $4.213B $1.306B $2.692B $3.379B $4.170B $4.981B $5.110B $2.987B $1.856B $791.1M $369.0M $156.4M $65.10M $18.90M
YoY Change 9.42% 64.31% 222.5% -51.47% -20.35% -18.95% -16.28% -2.52% 71.04% 60.94% 134.62% 114.39% 135.93% 140.25% 244.44%
Total Assets $8.827B $7.980B $4.900B $1.863B $2.982B $3.820B $4.641B $5.563B $5.794B $3.890B $1.943B $850.8M $403.3M $169.9M $68.00M $31.10M
YoY Change
Accounts Payable $54.62M $98.17M $101.0M $3.700M $10.90M $7.100M $9.400M $10.90M $5.500M $5.900M $4.500M $1.200M $900.0K $300.0K $400.0K $600.0K
YoY Change -44.36% -2.77% 2628.97% -66.06% 53.52% -24.47% -13.76% 98.18% -6.78% 31.11% 275.0% 33.33% 200.0% -25.0% -33.33%
Accrued Expenses $37.87M $77.29M $91.59M $174.1M $234.6M $149.2M $128.1M $126.6M $95.50M $56.50M $26.90M $10.00M $4.400M $1.500M $800.0K $400.0K
YoY Change -51.0% -15.61% -47.39% -25.79% 57.24% 16.47% 1.18% 32.57% 69.03% 110.04% 169.0% 127.27% 193.33% 87.5% 100.0%
Deferred Revenue
YoY Change
Short-Term Debt $7.333B $6.393B $3.136B $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change 14.72% 103.86%
Long-Term Debt Due $147.6M $57.00M
YoY Change 158.95%
Total Short-Term Liabilities $7.333B $6.393B $3.440B $218.1M $490.6M $362.4M $280.8M $4.584B $4.746B $2.915B $1.875B $798.6M $366.6M $151.6M $1.200M $9.200M
YoY Change 14.72% 85.84% 1477.14% -55.54% 35.38% 29.06% -93.87% -3.4% 62.81% 55.43% 134.82% 117.84% 141.82% 12533.33% -86.96%
Long-Term Debt $19.35M $130.3M $610.3M $894.6M $1.562B $2.564B $3.299B $0.00 $0.00 $0.00 $0.00 $0.00 $400.0K $2.900M $64.50M $9.600M
YoY Change -85.14% -78.65% -31.78% -42.73% -39.08% -22.28% -100.0% -86.21% -95.5% 571.88%
Other Long-Term Liabilities $222.8M $292.6M $26.50M $29.70M $22.20M $133.3M $2.600M $2.600M $800.0K $0.00 $100.0K
YoY Change -23.86% -10.77% 33.78% -83.35% 5026.92% 0.0% 225.0% -100.0%
Total Long-Term Liabilities $242.2M $422.9M $610.3M $921.1M $1.592B $2.586B $3.432B $2.600M $2.600M $800.0K $0.00 $0.00 $400.0K $2.900M $64.50M $9.700M
YoY Change -42.74% -30.71% -33.74% -42.13% -38.45% -24.65% 131911.54% 0.0% 225.0% -100.0% -86.21% -95.5% 564.95%
Total Liabilities $7.576B $6.815B $4.050B $1.139B $2.082B $2.950B $3.718B $4.587B $4.752B $2.917B $1.875B $798.6M $367.0M $154.4M $65.80M $19.00M
YoY Change 11.15% 68.28% 255.55% -45.29% -29.42% -20.65% -18.94% -3.47% 62.91% 55.54% 134.82% 117.6% 137.69% 134.65% 246.32%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $1.7849 Billion

About LendingClub Corp

LendingClub Corp. engages in the operations of digital marketplace bank. The company is headquartered in San Francisco, California and currently employs 1,025 full-time employees. The company went IPO on 2014-10-22. The firm operates most of its business through LC Bank, as a lender and originator of loans and as a regulated bank in the United States. LC Bank is the digital marketplace bank in the United States where members can access a range of financial products and services designed to help them pay less when borrowing and earn more when saving. LC Bank holds loans and funds those loans directly with its own capital and deposits. LC Bank’s primary loan products include unsecured personal loans, secured auto refinance loans, and patient and education finance loans (Consumer Loans). LC Bank’s commercial lending business is primarily focused on small businesses, and it participates in the United States small business administration (SBA) lending programs. LC Bank’s deposit business includes sourcing deposits directly from consumer and commercial customers and from third-party marketing channels and deposit brokers.

Industry: Personal Credit Institutions Peers: PROG Holdings, Inc. BREAD FINANCIAL HOLDINGS, INC. AMERICAN EXPRESS CO ENCORE CAPITAL GROUP INC Enova International, Inc. GREEN DOT CORP NELNET INC NAVIENT CORP PRA GROUP INC Upstart Holdings, Inc.