Lendingclub Corp. (LC)
NYSE:LC
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LendingClub
(NYSE:LC)
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Rating:61Neutral
Price Target:
$14.50
▼(-3.46% Downside)
Action:ReiteratedDate:02/13/26
The score is driven primarily by mixed fundamentals: a strong balance sheet and improved profitability are offset by materially negative operating/free cash flow. Earnings-call guidance and credit momentum are constructive, but current technical signals are bearish and keep the overall score in the low-60s range.
Positive Factors
Balance-sheet strength (zero debt)
A zero-debt balance sheet with equity growth and an improved ROE (~9% in 2025) gives LendingClub durable financial flexibility. This supports continued product investment, marketing and buybacks while reducing refinancing risk, improving resilience across credit cycles and funding stress scenarios.
Negative Factors
Deeply negative operating & free cash flow
Large negative operating and free cash flows in 2023–2025 create a persistent funding mismatch versus reported net income. If sustained, this elevates liquidity and funding risk, could force asset sales, greater deposit reliance or capital actions, and undermines long-term earnings durability despite accounting profits.
Read all positive and negative factors
Positive Factors
Negative Factors
Balance-sheet strength (zero debt)
A zero-debt balance sheet with equity growth and an improved ROE (~9% in 2025) gives LendingClub durable financial flexibility. This supports continued product investment, marketing and buybacks while reducing refinancing risk, improving resilience across credit cycles and funding stress scenarios.
Read all positive factors
LendingClub (LC) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$1.73B
Dividend YieldN/A
Average Volume (3M)1.67M
Price to Earnings (P/E)16.1
Beta (1Y)1.39
Revenue Growth9.68%
EPS Growth94.85%
CountryUS
Employees1,002
SectorFinancial
Sector Strength70
IndustryFinancial - Credit Services
Share Statistics
EPS (TTM)0.35
Shares Outstanding115,180,595
10 Day Avg. Volume1,070,559
30 Day Avg. Volume1,668,453
Financial Highlights & Ratios
PEG Ratio0.10
Price to Book (P/B)1.46
Price to Sales (P/S)1.64
P/FCF Ratio-0.76
Enterprise Value/Market Cap1.00
Enterprise Value/Revenue1.30
Enterprise Value/Gross Profit2.03
Enterprise Value/Ebitda6.05
Forecast
1Y Price Target
$24.40Price Target Upside62.45% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering5
EPS Forecast (FY)1.7
Revenue Forecast (FY)$1.07B
LendingClub Business Overview & Revenue Model
Company Description
LendingClub Corporation, operates as a bank holding company for LendingClub Bank, National Association that provides range of financial products and services through a technology-driven platform in the United States. The company provides commercia...
How the Company Makes Money
LendingClub makes money primarily through a mix of lending-related income and fee income tied to its loan origination and marketplace activities. (1) Net interest income: As a bank, LendingClub earns interest income on loans it holds on its balanc...
LendingClub Key Performance Indicators (KPIs)
Any
Revenue by Segment
Shows how different parts of the business contribute to overall sales, highlighting which areas are driving growth and which might need strategic adjustments.
Shows how different parts of the business contribute to overall sales, highlighting which areas are driving growth and which might need strategic adjustments.
Data provided by:
The Fly
The FlyLendingClub Earnings Call Summary
Earnings Call Date:Jan 28, 2026
(Q4-2025)
| % Change Since: |
Next Earnings Date:Apr 27, 2026
Earnings Call Sentiment Positive
The call presented strong operational and financial momentum: robust originations growth (+40% Q4, +33% FY), improved revenue mix (marketplace +36%, noninterest income +38%), rising net interest income (+14%) and significantly higher ROTCE (~12%). Credit performance remains a clear strength with net charge‑offs improving ~80 bps YoY. Management is investing heavily in marketing, product expansion (home improvement, purchase finance), AI, and a rebrand, and is transitioning accounting to fair value which should improve long‑term returns but will introduce near‑term P&L volatility (Q1 fair value adjustments expected ~2x Q4). Expense increases and accounting transition effects create a temporary headwind to efficiency and short‑term comparability, but the balance of evidence — growth, profitability, strong credit, deposit and balance‑sheet traction, and clear investor communications — points to a constructive outlook. Overall, highlights outweigh lowlights.Positive Updates
Strong Originations Growth
Q4 originations grew 40% year‑over‑year to $2.6B; full year 2025 originations grew 33% to nearly $10B. Guidance for 2026 originations of $11.6B–$12.6B (up 21%–31% YoY) and Q1 2026 guide of $2.55B–$2.65B (28%–33% YoY).
Negative Updates
Higher Operating Expense and Marketing Investment
Noninterest expense was $169M, up 19% YoY, driven primarily by planned higher marketing spend and some sequential increases in equipment and other costs as the company scales new channels and prepares for rebrand.
Read all updates
Q4-2025 Updates
Positive
Negative
Strong Originations Growth
Q4 originations grew 40% year‑over‑year to $2.6B; full year 2025 originations grew 33% to nearly $10B. Guidance for 2026 originations of $11.6B–$12.6B (up 21%–31% YoY) and Q1 2026 guide of $2.55B–$2.65B (28%–33% YoY).
Read all positive updates
Company Guidance
Management guided Q1 2026 originations of $2.55–$2.65 billion (28–33% YoY) and diluted EPS of $0.34–$0.39 (up 240–290% YoY), and full‑year 2026 originations of $11.6–$12.6 billion (up 21–31% YoY) with EPS $1.65–$1.80 (up 42–55% YoY) consistent with a near‑term ROTCE target of 13–15% (and a medium‑term goal of 18–20%); management noted Q4 2025 originations were $2.6 billion (+40% YoY) and FY2025 nearly $10 billion (+33% YoY), Q4 NII $163M (+14% YoY), noninterest income $103M (+38% YoY), NIM 6% (+56 bps YoY), deposits $9.8B (+8% YoY), total assets $11.6B (+9% YoY), noninterest expense $169M (+19% YoY), provision for credit losses $47M, held‑for‑sale inventory $1.8B, held‑for‑investment ~ $500M, Q4 ROTCE 11.9%, tangible book value per share $12.30, and management expects Q1 fair‑value adjustments to be roughly double Q4 levels, CECL expense of about $10M, continued marketing investment to scale growth, and ongoing deployment of the $100M share repurchase/acquisition program (≈$12M executed in Q4 at an average $17.65/share).LendingClub Financial Statement Overview
Summary
Income Statement
66
Positive
Balance Sheet
83
Very Positive
Cash Flow
22
Negative
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 1.33B | 1.16B | 1.14B | 1.27B | 898.63M |
| Gross Profit | 863.75M | 608.74M | 621.05M | 919.89M | 679.83M |
| EBITDA | 369.90M | 118.37M | 101.81M | 196.87M | 62.73M |
| Net Income | 135.68M | 51.33M | 38.94M | 289.69M | 18.58M |
Balance Sheet | |||||
| Total Assets | 11.57B | 10.63B | 8.83B | 7.98B | 4.90B |
| Cash, Cash Equivalents and Short-Term Investments | 3.72B | 957.05M | 2.87B | 1.40B | 950.66M |
| Total Debt | 15.83M | 28.50M | 57.22M | 210.19M | 429.99M |
| Total Liabilities | 10.07B | 9.29B | 7.58B | 6.82B | 4.05B |
| Stockholders Equity | 1.50B | 1.34B | 1.25B | 1.16B | 850.24M |
Cash Flow | |||||
| Free Cash Flow | -2.87B | -2.69B | -1.20B | 306.09M | 205.46M |
| Operating Cash Flow | -2.73B | -2.63B | -1.14B | 375.57M | 239.87M |
| Investing Cash Flow | 1.93B | 607.81M | 516.70M | -2.81B | -454.41M |
| Financing Cash Flow | 747.82M | 1.71B | 789.57M | 2.80B | 349.64M |
LendingClub Technical Analysis
Neutral
15.02
Price Trends
15.38
Negative
17.23
Negative
16.33
Negative
Market Momentum
-0.23
Negative
53.25
Neutral
66.77
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For LC, the sentiment is Neutral. The current price of 15.02 is above the 20-day moving average (MA) of 14.24, below the 50-day MA of 15.38, and below the 200-day MA of 16.33, indicating a neutral trend. The MACD of -0.23 indicates Negative momentum. The RSI at 53.25 is Neutral, neither overbought nor oversold. The STOCH value of 66.77 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for LC.
LendingClub Risk Analysis
LendingClub disclosed 55 risk factors in its most recent earnings report. LendingClub reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
LendingClub Peers Comparison
UnderperformOutperform
Sector (68)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
61 Neutral | $1.73B | 16.10 | 9.47% | ― | 9.68% | 94.85% | |
50 Neutral | $819.67M | -54.17 | -3.16% | 4.95% | -25.22% | -174.34% | |
| ― | $1.96B | ― | -67.59% | ― | 510.69% | -145.92% | |
72 Outperform | $1.31B | 3.73 | 15.80% | 5.20% | 9.32% | 29.40% | |
| ― | $2.33B | -2.45 | 0.96% | ― | ― | ― |
* Financial Sector Average
LC
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LendingClub Corporate Events
Executive/Board Changes
LendingClub announces key board and risk leadership transitions
Neutral
Jan 27, 2026
On January 22, 2026, LendingClub announced that John C. (Hans) Morris, who has served on its Board of Directors for nearly thirteen years and as independent Chairman, intends to resign from the Board, his chairmanship, and all committee roles effe...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.