Compared to Estimates, LendingClub (LC) Q4 Earnings: A Look at Key Metrics

Core Insights - LendingClub reported revenue of $217.2 million for Q4 2024, a 17% year-over-year increase, with an EPS of $0.11 compared to $0.09 a year ago, exceeding Zacks Consensus Estimates for both revenue and EPS [1] Financial Performance - Revenue of $217.2 million represents a surprise of +4.69% over the Zacks Consensus Estimate of $207.48 million [1] - EPS of $0.11 shows a surprise of +10.00% compared to the consensus estimate of $0.10 [1] - Net Interest Margin was reported at 5.4%, slightly below the three-analyst average estimate of 5.5% [4] - Average balance of total interest-earning assets was $10.51 billion, exceeding the $10.21 billion average estimate [4] - Net charge-off ratio was 4.5%, better than the estimated 5.4% [4] - Efficiency Ratio was reported at 65.8%, outperforming the estimated 68% [4] - Common equity tier 1 capital ratio stood at 17.3%, above the estimated 16.7% [4] - Total Non-interest income reached $74.82 million, surpassing the six-analyst average estimate of $65.48 million [4] - Non-Interest Income from Marketplace revenue was $72.16 million, exceeding the estimate of $62.56 million [4] - Total Interest Income was $240.60 million, slightly below the estimated $245.01 million [4] - Net Interest Income was reported at $142.38 million, above the average estimate of $140.49 million [4] Stock Performance - Shares of LendingClub have returned -19.5% over the past month, contrasting with the Zacks S&P 500 composite's +4.9% change [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [3]