LendingClub's third quarter results, released after the market closed Wednesday (Oct. 22), detailed double-digit growth in loan originations and a surge in new account openings tied to its LevelUp checking offering. The company materials indicated that loan origination growth stood at 37% to $2.6 billion, at the highest level in three years.
LendingClub (LC) came out with quarterly earnings of $0.37 per share, beating the Zacks Consensus Estimate of $0.3 per share. This compares to earnings of $0.13 per share a year ago.
Consumer lending stock LendingClub Corp (NYSE:LC) is sharply lower, down 5.8% at $15.17 at last glance and headed for a sixth-straight daily loss.
LendingClub Corporation (LC) reached a significant support level, and could be a good pick for investors from a technical perspective. Recently, LC's 50-day simple moving average broke out above its 200-day moving average; this is known as a "golden cross.
LendingClub delivered outstanding 2Q25 results, beating consensus estimates on EPS and revenue. Strong credit performance, efficient marketing, and robust loan originations drove results. Management achieved its year-end goals early and raised guidance for originations, pre-provision net revenue, and return on tangible common equity.
Investors need to pay close attention to LC stock based on the movements in the options market lately.
The Connected Economy 100 index had a tough week, losing 4.2% percent across all pillars except “eat.” While the index was down overall due to big drops at several companies, including double digits at Xero, iRobot, and United Healthcare, there were some notable highlights.
LendingClub has executed strongly, beating revenue and earnings forecasts and outperforming peers in credit quality and risk management. Despite strong company performance, I am downgrading it from 'Strong Buy' to 'Buy' due to rising macroeconomic risks, especially consumer credit delinquencies. The stock is no longer a deep value play after recent price appreciation, though some valuation metrics remain attractive.
One of Schaeffer's top stock picks for 2025 , LendingClub Corp (NYSEL:LC), was last seen up 19.7% at $15.69 after strong second-quarter results.
LendingClub Corporation (NYSE:LC ) Q2 2025 Earnings Conference Call July 29, 2025 5:00 PM ET Company Participants Andrew LaBenne - Chief Financial Officer Artem Nalivayko - Director of Investor Relations Scott C. Sanborn - CEO & Director Conference Call Participants Crispin Elliot Love - Piper Sandler & Co., Research Division David Michael Scharf - Citizens JMP Securities, LLC, Research Division Kyle Joseph - Stephens Inc., Research Division Reginald Lawrence Smith - JPMorgan Chase & Co, Research Division Timothy Jeffrey Switzer - Keefe, Bruyette, & Woods, Inc., Research Division Vincent Albert Caintic - BTIG, LLC, Research Division William Haraway Ryan - Seaport Research Partners Operator Good afternoon.
Although the revenue and EPS for LendingClub (LC) give a sense of how its business performed in the quarter ended June 2025, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
LendingClub (LC) came out with quarterly earnings of $0.33 per share, beating the Zacks Consensus Estimate of $0.15 per share. This compares to earnings of $0.13 per share a year ago.