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LendingClub Corporation, operates as a bank holding company, that provides range of financial products and services in the United States. It offers deposit products, including savings accounts, checking accounts, and certificates of deposit; patient and education finance loans; and commercial loans, including small business loans. The company also provides consumer loans, such as Unsecured and unsecured, fixed-rate, and fixed-term consumer loans; and secured auto refinance loans. In addition, it operates a lending marketplace platform. The company was incorporated in 2006 and is headquartered in San Francisco, California.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $999M | - | $136M | $-2.9B | 9.0% | 26.9% | 164.3% |
| 2024 | $787M | - | $51M | $-2.7B | 3.8% | -9.0% | 31.8% |
| 2023 | $865M | - | $39M | $-1.2B | 3.1% | -27.2% | -86.6% |
| 2022 | $1.2B | - | $290M | $306M | 24.9% | - | - |
| 2021 | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 1,187.22 | 864.62 | 787.01 | 998.85 |
| Operating Revenue | - | 1,187.22 | 864.62 | 787.01 | 998.85 |
| Selling General And Administration | - | 537.14 | 355.79 | 332.56 | 391.06 |
| Interest Income | - | 557.34 | 832.63 | 907.96 | 961.54 |
| Interest Expense | - | 82.52 | 270.79 | 373.92 | 335.87 |
| Net Interest Income | - | 474.82 | 561.84 | 534.04 | 625.67 |
| Pretax Income | - | 153.04 | 54.62 | 65.07 | 176.95 |
| Tax Provision | - | -136.65 | 15.68 | 13.74 | 41.27 |
| Tax Rate For Calcs | - | 0 | 0 | 0 | 0 |
| Tax Effect Of Unusual Items | - | 0 | 0 | 0 | 0 |
| Net Income Continuous Operations | - | 289.68 | 38.94 | 51.33 | 135.68 |
| Net Income From Continuing And Discontinued Operation | - | 289.68 | 38.94 | 51.33 | 135.68 |
| Net Income From Continuing Operation Net Minority Interest | - | 289.68 | 38.94 | 51.33 | 135.68 |
| Net Income | - | 289.68 | 38.94 | 51.33 | 135.68 |
| Net Income Common Stockholders | - | 289.68 | 38.94 | 51.33 | 135.68 |
| Net Income Including Noncontrolling Interests | - | 289.68 | 38.94 | 51.33 | 135.68 |
| Normalized Income | - | 289.68 | 38.94 | 51.33 | 135.68 |
| Diluted NI Availto Com Stockholders | - | 289.68 | 38.94 | 51.33 | 135.68 |
| Basic Average Shares | - | 103.55 | 108.47 | 111.73 | 114.61 |
| Diluted Average Shares | - | 104 | 108.47 | 113.12 | 117.23 |
| Reconciled Depreciation | - | 43.83 | 47.20 | 58.83 | 62.89 |
| Minority Interests | 0 | - | - | - | - |
| Gain On Sale Of Security | - | 0 | 0 | 0.10 | 0 |
| Depreciation Amortization Depletion Income Statement | - | 43.83 | 47.20 | 58.83 | 62.89 |
| Depreciation And Amortization In Income Statement | - | 43.83 | 47.20 | 58.83 | 62.89 |
| General And Administrative Expense | - | 339.40 | 261.95 | 232.16 | 241.85 |
| Salaries And Wages | - | 339.40 | 261.95 | 232.16 | 241.85 |
| Selling And Marketing Expense | - | 197.75 | 93.84 | 100.40 | 149.21 |
| Occupancy And Equipment | - | 71.18 | 71.02 | 66.99 | 76.85 |
| Professional Expense And Contract Services Expense | - | 50.52 | 35.17 | 32.04 | 42.34 |
| Other Non Interest Expense | - | 64.19 | 57.26 | 53.25 | 57.45 |
Financial Services sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| LendingClub Corporationthis co. | LC | $2.0B | 14.94 | 1.35 | 9.0% | - |
| Stock Yards Bancorp, Inc. | SYBT | $2.1B | 15.11 | 1.97 | 13.0% | - |
| Columbia Financial, Inc. | CLBK | $2.1B | 40.70 | 1.82 | 4.5% | - |
| Banco Latinoamericano de Comercio Exterior, S. A. | BLX | $2.1B | 9.17 | 1.24 | 13.5% | - |
| Northwest Bancshares, Inc. | NWBI |
| - |
| - |
| - |
| - |
| - |
| $2.1B |
| 16.45 |
| 1.10 |
| 6.7% |
| - |
| EZCORP, Inc. | EZPW | $2.0B | 18.05 | 1.93 | 10.7% | 11.23 |
| Federal Agricultural Mortgage Corporation | AGM | $2.0B | 9.53 | 1.63 | 17.1% | - |
| OFG Bancorp | OFG | $1.9B | 9.47 | 1.40 | 14.8% | - |
| First Commonwealth Financial Corporation | FCF | $1.9B | 12.65 | 1.24 | 9.8% | - |
| Peer Median | - | 13.88 | 1.51 | 11.9% | 11.23 | |