LendingClub Corporation (LC, Financial), a key player in the online lending market, saw a significant stock price increase of 5%. The stock is currently priced at $15.87 per share, with a trading volume of 874,968 shares and a turnover rate of 0.78%. The stock's price fluctuation reached 5.75%.
According to the latest financial report, LendingClub achieved a revenue of $336 million and a net profit of $14.46 million, resulting in earnings per share (EPS) of $0.13. The company has a price-to-earnings (P/E) ratio of 34.49. In terms of analyst ratings, 90% of the 10 participating institutions recommend buying, while 10% suggest holding, with no sell recommendations.
Within the banking industry, where LendingClub operates, the overall market saw a 1.38% increase. Notably, related stocks such as Shf Holdings, Inc., Central Federal, and National Financial Mortgage experienced significant gains. Shf Holdings, Inc., United Bank, and Grupo Supervielle S.A. were particularly active, with turnover rates of 2.20%, 1.91%, and 1.46%, respectively. Stocks with notable price fluctuations included Shf Holdings, Inc. with 61.00%, Hanover Bancorp, Inc. with 23.04%, and Central Federal with 13.33%.
LendingClub Corporation operates an online marketplace connecting borrowers and investors, offering various loan products such as personal, educational, small business, and auto loans. The company primarily earns revenue from transaction fees charged for facilitating these loans.
