Added to YB: 2024-01-22
Pitch date: 2024-01-21
LC [bullish]
LendingClub Corporation
+144.77%
current return
Author Info
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Company Info
LendingClub Corporation, operates as a bank holding company, that provides range of financial products and services in the United States.
Market Cap
$2.1B
Pitch Price
$8.13
Price Target
N/A
Dividend
N/A
EV/EBITDA
5.91
P/E
20.65
EV/Sales
1.01
Sector
Consumer Finance
Category
turnaround
Show full summary:
LendingClub: Buybacks And Increased Profitability Could Be On The Cards
LC innovative w/ structured certs to maintain leverage & 20% risk-weighting amid '22-'23 headwinds. Feb '24: higher capital ratio commitments end, freeing up $ for buybacks at discount to book. Q4 key for marketplace recovery & SC growth signs. Risk: unlikely regulator extension.
Read full article (6 min)