Loading...

You're on the old version of Simply Wall St. We will no longer be supporting this site, so we recommend you switch to our brand new platform.

LendingClub

DB:8LCA
Snowflake Description

Reasonable growth potential with imperfect balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
8LCA
DB
$701M
Market Cap
  1. Home
  2. DE
  3. Diversified Financials
Company description

LendingClub Corporation provides unsecured personal loans in the United States. The last earnings update was 49 days ago. More info.


Add to Portfolio Compare Print
  • LendingClub has significant price volatility in the past 3 months.
8LCA Share Price and Events
7 Day Returns
5.2%
DB:8LCA
-4.8%
Europe Consumer Finance
2.1%
DE Market
1 Year Returns
-51.7%
DB:8LCA
-50.9%
Europe Consumer Finance
-16.6%
DE Market
8LCA Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
LendingClub (8LCA) 5.2% -17.4% -34% -51.7% -73.2% -92.2%
Europe Consumer Finance -4.8% -34.8% -44.2% -50.9% -66.5% -66.7%
DE Market 2.1% -12.6% -22.9% -16.6% -21.9% -27.8%
1 Year Return vs Industry and Market
  • 8LCA matched the Consumer Finance industry (-50.9%) over the past year.
  • 8LCA underperformed the Market in Germany which returned -16.6% over the past year.
Price Volatility
8LCA
Industry
5yr Volatility vs Market

8LCA Value

 Is LendingClub undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for LendingClub. This is due to cash flow or dividend data being unavailable. The share price is €7.064.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for LendingClub's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are LendingClub's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:8LCA PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in USD $-0.35
NYSE:LC Share Price ** NYSE (2020-04-07) in USD $7.88
Europe Consumer Finance Industry PE Ratio Median Figure of 27 Publicly-Listed Consumer Finance Companies 5.27x
Germany Market PE Ratio Median Figure of 402 Publicly-Listed Companies 16.83x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of LendingClub.

DB:8LCA PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NYSE:LC Share Price ÷ EPS (both in USD)

= 7.88 ÷ -0.35

-22.37x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • LendingClub is loss making, we can't compare its value to the Europe Consumer Finance industry average.
  • LendingClub is loss making, we can't compare the value of its earnings to the Germany market.
Price based on expected Growth
Does LendingClub's expected growth come at a high price?
Raw Data
DB:8LCA PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -22.37x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 11 Analysts
58.7%per year
Europe Consumer Finance Industry PEG Ratio Median Figure of 19 Publicly-Listed Consumer Finance Companies 0.43x
Germany Market PEG Ratio Median Figure of 256 Publicly-Listed Companies 1.22x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for LendingClub, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on LendingClub's assets?
Raw Data
DB:8LCA PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in USD $10.14
NYSE:LC Share Price * NYSE (2020-04-07) in USD $7.88
Europe Consumer Finance Industry PB Ratio Median Figure of 42 Publicly-Listed Consumer Finance Companies 0.68x
Germany Market PB Ratio Median Figure of 573 Publicly-Listed Companies 1.45x
DB:8LCA PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NYSE:LC Share Price ÷ Book Value per Share (both in USD)

= 7.88 ÷ 10.14

0.78x

* Primary Listing of LendingClub.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • LendingClub is overvalued based on assets compared to the Europe Consumer Finance industry average.
X
Value checks
We assess LendingClub's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Consumer Finance industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Consumer Finance industry average (and greater than 0)? (1 check)
  5. LendingClub has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

8LCA Future Performance

 How is LendingClub expected to perform in the next 1 to 3 years based on estimates from 11 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
58.7%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is LendingClub expected to grow at an attractive rate?
  • LendingClub's earnings growth is expected to exceed the low risk savings rate of -0.4%.
Growth vs Market Checks
  • LendingClub's earnings growth is expected to exceed the Germany market average.
  • LendingClub's revenue growth is expected to exceed the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:8LCA Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:8LCA Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 11 Analysts 58.7%
DB:8LCA Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 11 Analysts 6.1%
Europe Consumer Finance Industry Earnings Growth Rate Market Cap Weighted Average 12.3%
Europe Consumer Finance Industry Revenue Growth Rate Market Cap Weighted Average 9.3%
Germany Market Earnings Growth Rate Market Cap Weighted Average 14%
Germany Market Revenue Growth Rate Market Cap Weighted Average 3.9%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:8LCA Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 11 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:8LCA Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2024-12-31 881 147 19 1
2023-12-31 891 170 3 1
2022-12-31 992 187 102 5
2021-12-31 861 189 54 10
2020-12-31 797 335 25 11
2020-04-08
DB:8LCA Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-12-31 754 -271 -31
2019-09-30 749 -502 -44
2019-06-30 730 -292 -67
2019-03-31 717 -409 -117
2018-12-31 694 -640 -128
2018-09-30 760 -692 -207
2018-06-30 737 -773 -191
2018-03-31 702 -560 -155
2017-12-31 574 -573 -154
2017-09-30 558 -153 -94
2017-06-30 512 -29 -124
2017-03-31 474 -27 -180

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • LendingClub's earnings are expected to grow significantly at over 20% yearly.
  • LendingClub's revenue is expected to grow by 6.1% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:8LCA Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 11 Analyst Estimates (S&P Global) See Below

All data from LendingClub Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:8LCA Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2024-12-31 0.19 0.19 0.19 1.00
2023-12-31 0.03 0.03 0.03 1.00
2022-12-31 1.07 2.05 0.18 3.00
2021-12-31 0.57 1.00 0.23 7.00
2020-12-31 0.27 0.48 0.10 8.00
2020-04-08
DB:8LCA Past Financials Data
Date (Data in USD Millions) EPS *
2019-12-31 -0.35
2019-09-30 -0.51
2019-06-30 -0.78
2019-03-31 -1.37
2018-12-31 -1.52
2018-09-30 -2.46
2018-06-30 -2.28
2018-03-31 -1.88
2017-12-31 -1.88
2017-09-30 -1.16
2017-06-30 -1.56
2017-03-31 -2.29

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • LendingClub is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess LendingClub's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Europe market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
LendingClub has a total score of 4/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

8LCA Past Performance

  How has LendingClub performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare LendingClub's growth in the last year to its industry (Consumer Finance).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • LendingClub does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare LendingClub's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare LendingClub's 1-year growth to the Europe Consumer Finance industry average as it is not currently profitable.
Earnings and Revenue History
LendingClub's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from LendingClub Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:8LCA Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 753.97 -30.75 682.20
2019-09-30 748.68 -44.44 686.29
2019-06-30 729.52 -66.86 679.16
2019-03-31 716.72 -117.06 668.00
2018-12-31 694.42 -128.31 648.61
2018-09-30 760.17 -206.85 634.35
2018-06-30 737.40 -190.58 610.24
2018-03-31 702.16 -155.17 592.96
2017-12-31 574.15 -153.84 561.41
2017-09-30 558.29 -94.10 578.63
2017-06-30 511.51 -124.05 566.14
2017-03-31 474.25 -179.95 552.35
2016-12-31 526.65 -145.97 536.54
2016-09-30 507.49 -109.13 505.30
2016-06-30 508.74 -71.70 467.54
2016-03-31 501.17 5.52 418.93
2015-12-31 429.94 -5.00 370.77
2015-09-30 362.55 -18.60 310.33
2015-06-30 302.33 -26.92 264.13
2015-03-31 253.64 -31.97 225.68
2014-12-31 211.13 -32.89 193.06
2014-09-30 176.50 -23.67 157.73
2014-06-30 147.86 -13.58 128.21
2014-03-31 120.47 -5.41 98.52
2013-12-31 98.00 0.19 72.72
2013-09-30 76.54 -0.83 60.88
2013-06-30 59.02 -4.43 46.73

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if LendingClub has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if LendingClub has efficiently used its assets last year compared to the Europe Consumer Finance industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if LendingClub improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess LendingClub's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Consumer Finance industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
LendingClub has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

8LCA Health

 How is LendingClub's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up LendingClub's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • LendingClub is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • LendingClub's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of LendingClub's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is covered by short term assets, assets are 3.8x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from LendingClub Company Filings, last reported 3 months ago.

DB:8LCA Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 900.19 628.06 243.78
2019-09-30 887.89 509.11 199.95
2019-06-30 874.32 324.43 334.71
2019-03-31 865.87 497.13 402.31
2018-12-31 870.98 715.16 372.97
2018-09-30 868.09 305.34 348.02
2018-06-30 874.22 349.23 434.18
2018-03-31 915.12 354.92 405.08
2017-12-31 927.76 344.22 401.72
2017-09-30 999.85 0.00 384.38
2017-06-30 984.03 0.00 538.44
2017-03-31 972.42 0.00 534.45
2016-12-31 975.77 0.00 515.60
2016-09-30 976.54 0.00 520.77
2016-06-30 988.00 0.00 572.93
2016-03-31 1,050.28 15.11 583.84
2015-12-31 1,041.86 0.00 623.53
2015-09-30 1,015.64 0.00 579.21
2015-06-30 995.85 0.00 490.47
2015-03-31 982.10 0.00 874.13
2014-12-31 973.22 0.00 869.78
2014-09-30 141.54 49.22 82.67
2014-06-30 137.14 49.52 68.96
2014-03-31 68.81 0.00 64.60
2013-12-31 68.09 0.00 49.30
2013-09-30 61.86 0.00 62.19
2013-06-30 56.24 0.00 54.59
  • LendingClub's level of debt (69.8%) compared to net worth is high (greater than 40%).
  • Unable to establish if LendingClub's debt level has increased without past 5-year debt data.
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • LendingClub has less than a year of cash runway based on current free cash flow.
  • Unable to confirm if LendingClub has at least 1 year of cash runway based on growing free cash flows without relevant data.
X
Financial health checks
We assess LendingClub's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. LendingClub has a total score of 2/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

8LCA Dividends

 What is LendingClub's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from LendingClub dividends. Estimated to be 0% next year.
If you bought €2,000 of LendingClub shares you are expected to receive €0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate LendingClub's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate LendingClub's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:8LCA Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 11 Analyst Estimates (S&P Global) See Below
Europe Consumer Finance Industry Average Dividend Yield Market Cap Weighted Average of 17 Stocks 6.6%
Germany Market Average Dividend Yield Market Cap Weighted Average of 314 Stocks 3.7%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.8%
Germany Bottom 25% Dividend Yield 25th Percentile 1.7%
Germany Top 25% Dividend Yield 75th Percentile 4.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:8LCA Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2024-12-31
2023-12-31
2022-12-31 0.00 2.00
2021-12-31 0.00 3.00
2020-12-31 0.00 3.00
2020-04-08

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as LendingClub has not reported any payouts.
  • Unable to verify if LendingClub's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of LendingClub's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as LendingClub has not reported any payouts.
Future Payout to shareholders
  • No need to calculate the sustainability of LendingClub's dividends in 3 years as they are not expected to pay a notable one for Germany.
X
Income/ dividend checks
We assess LendingClub's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can LendingClub afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. LendingClub has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

8LCA Management

 What is the CEO of LendingClub's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Scott Sanborn
COMPENSATION $6,025,002
AGE 50
TENURE AS CEO 3.9 years
CEO Bio

Mr. Scott C. Sanborn has been the Chief Executive Officer of LendingClub Corporation since June 28, 2016. Mr. Sanborn served as the President of LendingClub Corporation since April 18, 2016 until May 22, 2017. He served as Acting Chief Executive Officer of LendingClub Corporation from May 6, 2016 to June 28, 2016. Mr. Sanborn served as the Chief Operating & Marketing Officer at LendingClub Corporation from April 2013 to April 21, 2016 and served as its Chief Marketing Officer from May 24, 2010 to March 2013. Mr. Sanborn served as the Chief Marketing & Revenue Officer at eHealth, Inc. since November 2008. He served as Chief Marketing Officer of RedEnvelope Inc. from April 2007 to June 2008 and also served as its Interim President. Before joining RedEnvelope, Mr. Sanborn held several senior marketing positions at Home Shopping Network (HSN Inc.), a television and internet retailer of consumer products, from December 2002 to April 2007 and also held vice president of marketing positions at Home Shopping Network and for its online business. He served as Senior Vice President of Marketing at HSN, Inc. since October 10, 2005. Prior to Home Shopping Network, He worked in marketing and advertising agencies including i-traffic/Agency.com in San Francisco and Ammirati Puris Lintas in Holland. He has been a Director of LendingClub Corporation since August 8, 2016. He has been a Director of CircleUp Network, Inc. since January 2015. Mr. Sanborn holds a B.A. degree in English and Literature from Tufts University.

CEO Compensation
  • Scott's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Scott's remuneration is higher than average for companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the LendingClub management team in years:

1.9
Average Tenure
50.5
Average Age
  • The average tenure for the LendingClub management team is less than 2 years, this suggests a new team.
Management Team

Scott Sanborn

TITLE
CEO & Director
COMPENSATION
$6M
AGE
50
TENURE
3.9 yrs

Steve Allocca

TITLE
President
COMPENSATION
$4M
AGE
46
TENURE
2.9 yrs

Tom Casey

TITLE
Chief Financial Officer
COMPENSATION
$6M
AGE
56
TENURE
3.6 yrs

Bahman Koohestani

TITLE
Chief Technology Officer
COMPENSATION
$5M
AGE
57
TENURE
1.9 yrs

Ronnie Momen

TITLE
Chief Lending Officer
COMPENSATION
$4M
AGE
51
TENURE
1.8 yrs

Fergal Stack

TITLE
Principal Accounting Officer & Corporate Controller
TENURE
2.7 yrs

Simon Mays-Smith

TITLE
Head of Investor Relations

Brandon Pace

TITLE
Interim General Counsel & Corporate Secretary
AGE
46
TENURE
1.3 yrs

Alexandra Shapiro

TITLE
Chief Marketing Officer
TENURE
0.8 yrs

Whitney Jones

TITLE
Chief People Officer
TENURE
1.9 yrs
Board of Directors Tenure

Average tenure and age of the LendingClub board of directors in years:

3.7
Average Tenure
60
Average Age
  • The tenure for the LendingClub board of directors is about average.
Board of Directors

Hans Morris

TITLE
Independent Chairman
COMPENSATION
$283K
AGE
60
TENURE
3.9 yrs

Scott Sanborn

TITLE
CEO & Director
COMPENSATION
$6M
AGE
50
TENURE
3.7 yrs

Dan Ciporin

TITLE
Independent Director
COMPENSATION
$272K
AGE
61
TENURE
12.7 yrs

Simon Williams

TITLE
Independent Director
COMPENSATION
$273K
AGE
61
TENURE
5.4 yrs

Tim Mayopoulos

TITLE
Independent Director
COMPENSATION
$261K
AGE
60
TENURE
3.7 yrs

Ken Denman

TITLE
Independent Director
COMPENSATION
$317K
AGE
60
TENURE
2.8 yrs

Patty McCord

TITLE
Independent Director
COMPENSATION
$624K
AGE
65
TENURE
2.3 yrs

Susan Athey

TITLE
Independent Director
COMPENSATION
$621K
AGE
48
TENURE
2.1 yrs

Michael Zeisser

TITLE
Director
AGE
54
TENURE
0.6 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by LendingClub individual insiders in the past 3 months, but not in substantial volumes.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
09. Mar 20 Buy Thomas Casey Individual 05. Mar 20 05. Mar 20 5,000 €9.04 €45,186
04. Sep 19 Sell Kenneth Denman Individual 30. Aug 19 30. Aug 19 -200 €12.01 €-2,401
15. Aug 19 Buy Steve Allocca Individual 14. Aug 19 14. Aug 19 14,000 €12.49 €174,927
14. Aug 19 Sell Susan Athey Individual 12. Aug 19 12. Aug 19 -6,000 €13.40 €-80,395
21. May 19 Sell Kleiner Perkins Caufield & Byers Company 17. May 19 21. May 19 -105,716 €14.82 €-1,558,682
16. May 19 Sell Kleiner Perkins Caufield & Byers Company 14. May 19 16. May 19 -161,647 €15.18 €-2,439,460
14. May 19 Sell Kleiner Perkins Caufield & Byers Company 09. May 19 13. May 19 -160,500 €15.91 €-2,499,131
X
Management checks
We assess LendingClub's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. LendingClub has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

8LCA News

Simply Wall St News

8LCA Company Info

Description

LendingClub Corporation provides unsecured personal loans in the United States. It operates an online lending marketplace platform that connects borrowers and investors. The company’s marketplace facilitates various types of loan products for consumers and small businesses, including education and patient finance loans, auto refinance loans, and small business loans. It also enables investors to invest in a range of loans. The company was founded in 2006 and is headquartered in San Francisco, California.

Details
Name: LendingClub Corporation
8LCA
Exchange: DB
Founded: 2006
$647,862,661
88,911,078
Website: http://www.lendingclub.com
Address: LendingClub Corporation
595 Market Street,
Suite 200,
San Francisco,
California, 94105,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NYSE LC Common Stock New York Stock Exchange US USD 11. Dec 2014
DB 8LCA Common Stock Deutsche Boerse AG DE EUR 11. Dec 2014
Number of employees
Current staff
Staff numbers
1,538
LendingClub employees.
Industry
Consumer Finance
Diversified Financials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/08 01:07
End of day share price update: 2020/04/07 00:00
Last estimates confirmation: 2020/03/30
Last earnings filing: 2020/02/19
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.