LendingClub to leverage Tally's credit management solutions to benefit the bank's 5 million membersPagaya adds Tally's B2B credit management solution to its product suite offering for its over 30 lending partnersSAN FRANCISCO and NEW YORK, Oct. 9, 2024 /PRNewswire/ -- LendingClub Corporation (NYSE: LC), operator of America's leading digital marketplace bank, and Pagaya Technologies LTD (NASDAQ: PGY), a global technology company delivering AI-driven product solutions for the financial ecosystem, today announ ...

SAN FRANCISCO, Oct. 3, 2024 /PRNewswire/ -- LendingClub Corporation (NYSE: LC), the parent company of LendingClub Bank, America's leading digital marketplace bank, announced that it will report earnings for the third quarter 2024 after the market closes on Wednesday, October 23, 2024. LendingClub will host a conference call to discuss the third quarter 2024 financial results at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) on the same day. Submission of Conference Call Questions In addition to questions a ...

I recently added LendingClub (NYSE: LC ) to my value portfolio, and at today's prices, it is actually my highest-rated buy in the entire portfolio. In the remainder of this article, I explain the reasoning behind this conclusion.I'm a private trader interested in both long and short ideas. My training and background are in engineering including several decades of consulting engineering practice. I endeavor to apply my analytical skills to investing/trading, which I've done for 20+ years and to which I bring ...

LendingClub (LC) could be a solid choice for investors given its recent upgrade to a Zacks Rank #1 (Strong Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years.Individual ...

Members Who Regularly Save Are Rewarded With a 5.30% Annual Percentage Yield (APY)SAN FRANCISCO, Aug. 22, 2024 /PRNewswire/ -- LendingClub Bank, America's leading digital marketplace bank and a subsidiary of LendingClub Corporation (NYSE: LC), announced the launch of LevelUp Savings, a high-yield savings account that rewards members with competitive rates for making ongoing monthly deposit contributions."We're excited to offer LevelUp Savings, an all-new deposit product that rewards members who regularly en ...

Michael Vi In my last article on LendingClub (NYSE:LC), I set out my thesis on why I believed it would outperform SoFi Technologies (SOFI). The article was published on the 17th of June and since then, LC has outperformed by a wide margin of ~23%. Data by YCharts In this article, however, I will set out why I believe LC is set to massively outperform the market, especially if the economy should glide into a soft landing patch. As a point of reference, Mohamed El-Erian, chief economic adviser at Allianz ...

Rate hikes have slammed this fintech, but imminent cuts could make it skyrocket.The Federal Reserve's fastest-ever interest rate hikes since March 2022 have been a big headwind for a lot of stocks. But nowhere have rapid rate hikes been felt more than the fintech space, with the potential exception of regional banks. Fintech marketplaces such as LendingClub (LC -2.76%) count regional banks as some of their key loan buyers, so when those banks had to pull back, fintech marketplaces such as LendingClub, Upsta ...

LendingClub (LC) closed the last trading session at $9.93, gaining 18.8% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $13 indicates a 30.9% upside potential.The mean estimate comprises 10 short-term price targets with a standard deviation of $1.35. While the lowest estimate of $11 indicates a 10.8% increase from the current price level, the most optimistic analyst expects the st ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 Commission File Number: 001-36771 | --- | --- | |--------------------------------------------------------------------------------|--------------------------------------| | | | | LendingClub Corporation (Exact name of registrant as specified in its charter) | | | Delaware | 51-0605731 | | (State ...

LendingClub (LC) could be a solid choice for investors given its recent upgrade to a Zacks Rank #1 (Strong Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years.Since a ch ...