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LendingClub Corporation is a bank holding company. The Company operates its business through its subsidiary, LendingClub Bank, National Association (LC Bank). LC Bank is the digital marketplace bank that leverages data and technology to increase access to credit, reduce borrowing costs, and improve returns on savings for its members. Its primary loan products include personal loans, major purchase finance, and auto refinance. LC Bank’s commercial lending business is primarily focused on small businesses, and it participates in the United States small business administration lending programs. Its deposit business includes sourcing deposits directly from customers and from third-party marketing channels and deposit brokers. It offers a range of insured deposit products, including high-yield savings accounts, checking accounts, and certificates of deposit (CDs). Its consumer loans are either retained by LC Bank or sold to marketplace investors through its proprietary loan marketplace.
Find out what a historical investment in LendingClub Corporation would be worth today using our LC stock calculator.
Market Capitalisation
$1.80B
Price-earnings ratio
-
Dividend yield
0.00%
Volume
1.15M
High today
$15.73
Low today
$15.45
Open price
$15.71
52-week high
$21.67
52-week low
$9.70
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