Financial PerformanceLending Club reported a strong quarter which built on the inflection noted during last quarter's earnings, and provided a positive guidance for 4Q and beyond.
Growth PotentialAnalysts maintain a Buy rating on Lending Club shares, viewing them as undervalued with significant growth potential.
Strategic InitiativesLendingClub outlined several programs that will likely step-function growth higher, including receiving investment grade ratings on the senior notes of its structured certificates.