Fourth Quarter 2024 Results January 28, 2025 Disclaimer Some of the statements in this presentation, including statements regarding our competitive advantages, loan and financial performance, business outlook, and demand for our loan programs, are "forward-looking statements." The words "anticipate," "believe," "estimate," "expect," "intend," "may," "outlook," "plan," "predict," "project," "will," "would" and similar expressions may identify forward-looking statements, although not all forward-looking state ...

EXHIBIT 99.1 LendingClub Reports Fourth Quarter and Full Year 2024 Results Grew Originations +13%, Revenue +17%, and Total Assets +20% in Fourth Quarter Compared to Prior Year Executed $400 Million Loan Sale out of the Held-for-Sale Portfolio to a New Bank Buyer SAN FRANCISCO – January 28, 2025 – LendingClub Corporation (NYSE: LC), the parent company of LendingClub Bank, America's leading digital marketplace bank, today announced financial results for the fourth quarter and full year ended December 31, 2024 ...

Grew Originations +13%, Revenue +17%, and Total Assets +20% in Fourth Quarter Compared to Prior Year Executed $400 Million Loan Sale out of the Held-for-Sale Portfolio to a New Bank BuyerSAN FRANCISCO, Jan. 28, 2025 /PRNewswire/ -- LendingClub Corporation (NYSE: LC), the parent company of LendingClub Bank, America's leading digital marketplace bank, today announced financial results for the fourth quarter and full year ended December 31, 2024."We executed well in 2024, exiting the year with growth in origin ...

LendingClub Corporation (LC) is slated to announce fourth-quarter and full-year 2024 results on Jan. 28, after market close. Its quarterly earnings and revenues are expected to have witnessed a year-over-year increase.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.LendingClub’s third-quarter 2024 earnings surpassed the Zacks Consensus Estimate. Results were aided by a rise in total net revenues.LendingClub has an impressive earnings surprise history. Its earnings surpassed the Zack ...

LendingClub (NYSE: LC ) launched in 2007 as a peer-to-peer lender and one of the pioneers of the then-burgeoning fintech landscape. The company went public in 2014 and then made a major pivot in 2020, shutting down its P2P lending platformWriting about banks, fintech, mutual banks, and other financials and sectors occasionally. Interested in the growing intersection between banks and fintech companies. Have now covered banking for five years.Analyst’s Disclosure: I/we have a beneficial long position in the ...

Core Viewpoint - LendingClub Corporation will report its fourth quarter and full year 2024 earnings on January 28, 2025, and will host a conference call to discuss the results [1] Group 1: Earnings Announcement - The earnings report will be released after market closes on January 28, 2025 [1] - A conference call to discuss the financial results will take place at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) on the same day [1] Group 2: Conference Call Participation - Analysts can submit questions via email before 12:00 p.m. Pacific Time on January 27, 2025 [2] - A live webcast of the call will be available on the company's investor relations website [3] - Participants can register for the call or join by dialing the provided phone numbers with an access code [3] Group 3: Replay Information - An audio archive of the call will be accessible on the investor relations website [4] - The audio replay will be available one hour after the call until February 4, 2025 [4] Group 4: Company Overview - LendingClub Corporation is the parent company of LendingClub Bank, a leading digital marketplace bank in the U.S. [5] - The bank offers a wide range of financial products and services aimed at helping members save on borrowing and earn more on savings [5] - The company utilizes advanced credit decisioning and machine-learning models based on extensive data to enhance access to credit and generate returns for loan investors [5]

After a very strong bull-run in 2024, LendingClub Corporation (NYSE: LC ) is off to another strong start. Valuation still remains well below historical levels, though one can easily argue that the historical multiple was overpriced. However, given the growthAnalyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am n ...

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Small deep value individual investor, with a modest private investment portfolio, split approx. 50%-50% between shares and call options. I have a B.Sc. in aeronautical engineering and over 6 years of experience as an engineering consultant in the aerospace sector. The latter statement is not relevant in any way whatsoever to my investment style, but I thought to add it for self-indulgent purposes. I have a contrarian investment style, highly risky, and often dealing with illiquid options. How illiquid? Well ...

LendingClub (LC) shares ended the last trading session 8.2% higher at $17.91. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 11% gain over the past four weeks.The upside can be attributed to LendingClub’s competitive strengths in its robust and resilient business model, leveraging two distinct revenue streams: marketplace revenue from loan origination fees and net interest income from loans retained for investment ...