LC
LendingClub Corp
Halal Rating :
Last Price
$16.65
Last updated:
Market Cap
-
7D Change
11.15%
1 Year Change
96.81%
Company Overview
Industries
Exchange
Next Earnings Date
LendingClub Corporation operates as a digital marketplace bank that provides various financial products and services. The company's primary business model involves facilitating personal loans, auto refinancing loans, and other credit products through its online lending platform. It generates revenue primarily through origination fees from facilitating loans and interest income from loans held for investment.
Use of Interest
| Reporting Date | Total Revenue | Total Operating Expense | Interest Income | Interest Expense | Interest Income Ratio | Interest Expense Ratio |
|---|---|---|---|---|---|---|
| Sept. 30, 2024 | $201.88m | $100.14m | $140.24m | $100.14m | 69.47% | 100.00% |
| June 30, 2024 | $187.24m | $91.11m | $128.53m | $91.11m | 68.64% | 100.00% |
| March 31, 2024 | $180.69m | $84.46m | $122.89m | $84.46m | 68.01% | 100.00% |
Company Impact
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