Annual Income Statements for LendingClub
This table shows LendingClub's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.
Quarterly Income Statements for LendingClub
This table shows LendingClub's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.
Metric |
|
Q4 2022 |
Q1 2023 |
Q2 2023 |
Q3 2023 |
Q4 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Q4 2024 |
Q1 2025 |
Q2 2025 |
Net Income / (Loss) Attributable to Common Shareholders |
|
24 |
14 |
10 |
5.01 |
10 |
12 |
15 |
14 |
9.72 |
12 |
38 |
Consolidated Net Income / (Loss) |
|
24 |
14 |
10 |
5.01 |
10 |
12 |
15 |
14 |
9.72 |
12 |
38 |
Net Income / (Loss) Continuing Operations |
|
24 |
14 |
10 |
5.01 |
10 |
12 |
15 |
14 |
9.72 |
12 |
38 |
Total Pre-Tax Income |
|
21 |
18 |
15 |
8.34 |
14 |
17 |
19 |
18 |
11 |
16 |
54 |
Total Revenue |
|
263 |
246 |
232 |
201 |
186 |
181 |
187 |
202 |
217 |
218 |
248 |
Net Interest Income / (Expense) |
|
135 |
147 |
147 |
137 |
131 |
123 |
129 |
140 |
142 |
150 |
154 |
Total Interest Income |
|
174 |
202 |
214 |
207 |
208 |
207 |
220 |
240 |
241 |
232 |
237 |
Loans and Leases Interest Income |
|
160 |
185 |
189 |
181 |
171 |
156 |
164 |
175 |
169 |
166 |
175 |
Investment Securities Interest Income |
|
3.36 |
3.90 |
5.95 |
9.47 |
21 |
35 |
43 |
52 |
57 |
56 |
55 |
Other Interest Income |
|
11 |
14 |
19 |
17 |
16 |
17 |
13 |
12 |
14 |
9.61 |
7.11 |
Total Interest Expense |
|
39 |
56 |
68 |
70 |
77 |
84 |
91 |
100 |
98 |
82 |
83 |
Deposits Interest Expense |
|
36 |
53 |
67 |
70 |
76 |
84 |
90 |
97 |
98 |
82 |
83 |
Other Interest Expense |
|
19 |
2.44 |
1.31 |
0.90 |
0.59 |
0.50 |
0.91 |
3.27 |
0.01 |
0.00 |
0.00 |
Total Non-Interest Income |
|
127 |
99 |
86 |
64 |
54 |
58 |
59 |
62 |
75 |
68 |
94 |
Other Service Charges |
|
4.03 |
3.36 |
3.04 |
2.96 |
1.95 |
1.91 |
2.36 |
3.26 |
2.65 |
2.11 |
4.54 |
Investment Banking Income |
|
123 |
96 |
83 |
61 |
52 |
56 |
56 |
58 |
72 |
66 |
90 |
Provision for Credit Losses |
|
62 |
71 |
67 |
64 |
42 |
32 |
36 |
48 |
63 |
58 |
40 |
Total Non-Interest Expense |
|
180 |
157 |
151 |
128 |
130 |
132 |
132 |
136 |
143 |
144 |
155 |
Salaries and Employee Benefits |
|
88 |
73 |
72 |
58 |
59 |
60 |
57 |
57 |
59 |
58 |
62 |
Net Occupancy & Equipment Expense |
|
18 |
18 |
19 |
17 |
17 |
17 |
16 |
17 |
17 |
19 |
19 |
Marketing Expense |
|
35 |
27 |
24 |
20 |
23 |
24 |
27 |
26 |
23 |
29 |
34 |
Other Operating Expenses |
|
28 |
27 |
25 |
21 |
19 |
19 |
20 |
23 |
24 |
23 |
24 |
Depreciation Expense |
|
12 |
12 |
12 |
11 |
12 |
13 |
13 |
13 |
20 |
14 |
15 |
Income Tax Expense |
|
-2.44 |
4.14 |
4.69 |
3.33 |
3.53 |
4.28 |
4.52 |
3.55 |
1.39 |
4.02 |
16 |
Basic Earnings per Share |
|
$0.22 |
$0.13 |
$0.09 |
$0.05 |
$0.09 |
$0.11 |
$0.13 |
$0.13 |
$0.09 |
$0.10 |
$0.33 |
Weighted Average Basic Shares Outstanding |
|
103.55M |
106.91M |
107.89M |
109.07M |
108.47M |
110.69M |
111.40M |
112.04M |
111.73M |
113.69M |
114.41M |
Diluted Earnings per Share |
|
$0.26 |
$0.13 |
$0.09 |
$0.05 |
$0.09 |
$0.11 |
$0.13 |
$0.13 |
$0.08 |
$0.10 |
$0.33 |
Weighted Average Diluted Shares Outstanding |
|
104.00M |
106.92M |
107.90M |
109.07M |
108.47M |
110.69M |
111.47M |
113.92M |
113.12M |
116.18M |
115.69M |
Weighted Average Basic & Diluted Shares Outstanding |
|
106.57M |
107.47M |
108.69M |
109.65M |
110.41M |
111.12M |
111.82M |
112.40M |
113.38M |
114.20M |
114.74M |
Annual Cash Flow Statements for LendingClub
This table details how cash moves in and out of LendingClub's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.
Metric |
|
2014 |
2015 |
2016 |
2017 |
2018 |
2019 |
2020 |
2021 |
2022 |
2023 |
2024 |
Net Change in Cash & Equivalents |
|
820 |
-246 |
-11 |
-49 |
-0.23 |
-157 |
141 |
135 |
361 |
170 |
-317 |
Net Cash From Operating Activities |
|
50 |
75 |
0.55 |
-573 |
-640 |
-271 |
418 |
240 |
376 |
-1,137 |
-2,634 |
Net Cash From Continuing Operating Activities |
|
82 |
95 |
291 |
-573 |
-640 |
-271 |
418 |
240 |
376 |
-1,137 |
-2,634 |
Net Income / (Loss) Continuing Operations |
|
0.00 |
0.00 |
0.00 |
-154 |
-128 |
-31 |
-188 |
19 |
290 |
39 |
51 |
Consolidated Net Income / (Loss) |
|
- |
- |
- |
-154 |
-128 |
-31 |
-188 |
19 |
290 |
39 |
51 |
Provision For Loan Losses |
|
- |
- |
- |
- |
- |
0.00 |
3.38 |
139 |
267 |
244 |
178 |
Depreciation Expense |
|
10 |
22 |
30 |
46 |
55 |
62 |
54 |
44 |
44 |
47 |
59 |
Amortization Expense |
|
- |
- |
- |
- |
- |
- |
0.00 |
-41 |
-86 |
-91 |
-69 |
Non-Cash Adjustments to Reconcile Net Income |
|
3,500 |
51 |
238 |
12,872 |
14,149 |
156 |
209 |
58 |
-110 |
192 |
232 |
Changes in Operating Assets and Liabilities, net |
|
28 |
22 |
23 |
233 |
-129 |
-458 |
339 |
21 |
-30 |
-1,568 |
-3,086 |
Net Cash From Investing Activities |
|
-1,257 |
-2,407 |
-326 |
999 |
879 |
654 |
566 |
-454 |
-2,810 |
517 |
608 |
Net Cash From Continuing Investing Activities |
|
-1,148 |
-2,407 |
-326 |
999 |
879 |
654 |
566 |
-454 |
-2,810 |
517 |
608 |
Purchase of Property, Leasehold Improvements and Equipment |
|
21 |
-39 |
-52 |
45 |
53 |
-51 |
-31 |
-34 |
-69 |
-60 |
-54 |
Purchase of Investment Securities |
|
2,156 |
-4,285 |
-2,819 |
1,878 |
1,096 |
-144 |
-46 |
-1,763 |
-2,826 |
478 |
-276 |
Sale and/or Maturity of Investments |
|
1,062 |
1,951 |
2,545 |
2,922 |
2,027 |
849 |
643 |
675 |
86 |
98 |
938 |
Net Cash From Financing Activities |
|
2,028 |
2,086 |
314 |
-474 |
-239 |
-540 |
-842 |
350 |
2,795 |
790 |
1,710 |
Net Cash From Continuing Financing Activities |
|
1,135 |
2,086 |
314 |
-474 |
-239 |
-540 |
-842 |
350 |
2,795 |
790 |
1,710 |
Net Change in Deposits |
|
- |
- |
- |
- |
- |
0.00 |
0.00 |
1,127 |
3,257 |
921 |
1,742 |
Repayment of Debt |
|
1,059 |
-1,828 |
-2,440 |
3,084 |
3,566 |
-4,133 |
-2,480 |
-768 |
-452 |
-112 |
-19 |
Other Financing Activities, Net |
|
38 |
47 |
66 |
19 |
19 |
-27 |
-8.95 |
-9.30 |
-9.03 |
-20 |
-14 |
Cash Interest Paid |
|
346 |
536 |
685 |
581 |
394 |
255 |
144 |
77 |
80 |
259 |
378 |
Cash Income Taxes Paid |
|
- |
- |
- |
- |
- |
- |
0.00 |
4.80 |
14 |
6.63 |
0.28 |
Quarterly Cash Flow Statements for LendingClub
This table details how cash moves in and out of LendingClub's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.
Metric |
|
Q4 2022 |
Q1 2023 |
Q2 2023 |
Q3 2023 |
Q4 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Q4 2024 |
Q1 2025 |
Q2 2025 |
Net Change in Cash & Equivalents |
|
105 |
560 |
-446 |
112 |
-56 |
-192 |
-133 |
81 |
-73 |
-57 |
-146 |
Net Cash From Operating Activities |
|
33 |
114 |
-91 |
-345 |
-815 |
-847 |
-932 |
-670 |
-185 |
-339 |
-713 |
Net Cash From Continuing Operating Activities |
|
33 |
114 |
-91 |
-345 |
-815 |
-847 |
-932 |
-670 |
-185 |
-339 |
-713 |
Net Income / (Loss) Continuing Operations |
|
24 |
14 |
10 |
5.01 |
10 |
12 |
15 |
14 |
9.72 |
12 |
38 |
Consolidated Net Income / (Loss) |
|
24 |
14 |
10 |
5.01 |
10 |
12 |
15 |
14 |
9.72 |
12 |
38 |
Provision For Loan Losses |
|
62 |
71 |
67 |
64 |
42 |
32 |
36 |
48 |
63 |
58 |
40 |
Depreciation Expense |
|
12 |
12 |
12 |
11 |
12 |
13 |
13 |
13 |
20 |
14 |
15 |
Amortization Expense |
|
-23 |
-24 |
-26 |
-24 |
-16 |
-19 |
-18 |
-16 |
-16 |
-16 |
-16 |
Non-Cash Adjustments to Reconcile Net Income |
|
81 |
22 |
11 |
45 |
114 |
64 |
33 |
36 |
99 |
29 |
26 |
Changes in Operating Assets and Liabilities, net |
|
-122 |
20 |
-164 |
-447 |
-977 |
-948 |
-1,011 |
-765 |
-362 |
-436 |
-817 |
Net Cash From Investing Activities |
|
-1,115 |
-336 |
79 |
326 |
449 |
217 |
487 |
-594 |
498 |
450 |
337 |
Net Cash From Continuing Investing Activities |
|
-1,115 |
-336 |
79 |
326 |
449 |
217 |
487 |
-594 |
498 |
450 |
337 |
Purchase of Property, Leasehold Improvements and Equipment |
|
-15 |
-16 |
-16 |
-16 |
-11 |
-12 |
-13 |
-12 |
-17 |
-13 |
-91 |
Purchase of Investment Securities |
|
-973 |
-329 |
92 |
319 |
397 |
121 |
297 |
-879 |
185 |
83 |
-4.22 |
Sale and/or Maturity of Investments |
|
-127 |
9.00 |
2.42 |
23 |
63 |
107 |
203 |
298 |
331 |
380 |
432 |
Net Cash From Financing Activities |
|
1,187 |
782 |
-433 |
131 |
310 |
438 |
313 |
1,345 |
-386 |
-168 |
230 |
Net Cash From Continuing Financing Activities |
|
1,187 |
782 |
-433 |
131 |
310 |
438 |
313 |
1,345 |
-386 |
-168 |
230 |
Net Change in Deposits |
|
1,269 |
826 |
-376 |
148 |
322 |
199 |
574 |
1,351 |
-382 |
-168 |
234 |
Other Financing Activities, Net |
|
-1.03 |
-5.37 |
-7.70 |
-4.13 |
-2.64 |
-4.43 |
-4.11 |
-4.28 |
-0.86 |
-0.75 |
-3.41 |
Cash Interest Paid |
|
36 |
52 |
64 |
65 |
78 |
91 |
88 |
100 |
100 |
84 |
81 |
Annual Balance Sheets for LendingClub
This table presents LendingClub's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.
Metric |
|
2014 |
2015 |
2016 |
2017 |
2018 |
2019 |
2020 |
2021 |
2022 |
2023 |
2024 |
Total Assets |
|
3,890 |
5,794 |
5,563 |
4,641 |
3,820 |
2,982 |
1,863 |
4,900 |
7,980 |
8,827 |
10,631 |
Cash and Due from Banks |
|
870 |
624 |
516 |
402 |
373 |
244 |
5.20 |
36 |
23 |
15 |
16 |
Restricted Cash |
|
47 |
81 |
178 |
243 |
271 |
243 |
104 |
76 |
67 |
42 |
23 |
Interest Bearing Deposits at Other Banks |
|
- |
- |
- |
- |
- |
- |
520 |
651 |
1,034 |
1,238 |
939 |
Trading Account Securities |
|
0.00 |
297 |
287 |
118 |
170 |
271 |
142 |
264 |
346 |
1,620 |
3,453 |
Loans and Leases, Net of Allowance |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
637 |
2,755 |
4,705 |
4,540 |
3,889 |
Loans and Leases |
|
- |
- |
- |
- |
- |
- |
637 |
2,899 |
5,033 |
4,850 |
4,126 |
Allowance for Loan and Lease Losses |
|
- |
- |
- |
- |
- |
- |
- |
144 |
328 |
310 |
237 |
Loans Held for Sale |
|
- |
0.00 |
9.05 |
236 |
840 |
722 |
122 |
391 |
110 |
408 |
636 |
Premises and Equipment, Net |
|
27 |
56 |
89 |
102 |
114 |
114 |
97 |
98 |
136 |
162 |
168 |
Goodwill |
|
73 |
73 |
36 |
36 |
- |
- |
0.00 |
76 |
76 |
76 |
76 |
Other Assets |
|
2,838 |
4,633 |
4,422 |
3,484 |
2,033 |
1,373 |
237 |
3,308 |
1,482 |
728 |
1,432 |
Total Liabilities & Shareholders' Equity |
|
3,890 |
5,794 |
5,563 |
4,641 |
3,820 |
2,982 |
1,863 |
4,900 |
7,980 |
8,827 |
10,631 |
Total Liabilities |
|
2,917 |
4,752 |
4,587 |
3,713 |
2,949 |
2,082 |
1,139 |
4,050 |
6,815 |
7,576 |
9,289 |
Non-Interest Bearing Deposits |
|
- |
- |
- |
- |
- |
- |
0.00 |
217 |
234 |
332 |
392 |
Interest Bearing Deposits |
|
- |
- |
- |
- |
- |
- |
0.00 |
2,919 |
6,159 |
7,002 |
8,676 |
Other Long-Term Liabilities |
|
39 |
73 |
126 |
143 |
149 |
363 |
397 |
304 |
293 |
223 |
221 |
Total Equity & Noncontrolling Interests |
|
973 |
1,042 |
976 |
928 |
871 |
900 |
724 |
850 |
1,164 |
1,252 |
1,342 |
Total Preferred & Common Equity |
|
973 |
1,042 |
976 |
922 |
869 |
900 |
724 |
850 |
1,164 |
1,252 |
1,342 |
Total Common Equity |
|
973 |
1,042 |
976 |
922 |
869 |
900 |
724 |
850 |
1,164 |
1,252 |
1,342 |
Common Stock |
|
1,056 |
1,132 |
1,230 |
1,331 |
1,406 |
1,469 |
1,509 |
1,561 |
1,630 |
1,671 |
1,703 |
Retained Earnings |
|
-83 |
-88 |
-234 |
-389 |
-518 |
-548 |
-786 |
-717 |
-428 |
-389 |
-337 |
Accumulated Other Comprehensive Income / (Loss) |
|
0.00 |
-1.67 |
-0.77 |
-0.01 |
0.16 |
-0.57 |
1.48 |
7.05 |
-38 |
-30 |
-24 |
Quarterly Balance Sheets for LendingClub
This table presents LendingClub's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.
Metric |
|
Q2 2022 |
Q3 2022 |
Q1 2023 |
Q2 2023 |
Q3 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Q1 2025 |
Q2 2025 |
Total Assets |
|
6,187 |
6,775 |
8,754 |
8,343 |
8,472 |
9,245 |
9,586 |
11,038 |
10,483 |
10,775 |
Cash and Due from Banks |
|
26 |
23 |
23 |
21 |
19 |
16 |
19 |
26 |
20 |
18 |
Restricted Cash |
|
60 |
66 |
47 |
35 |
42 |
36 |
31 |
33 |
25 |
22 |
Interest Bearing Deposits at Other Banks |
|
1,016 |
930 |
1,614 |
1,183 |
1,289 |
1,050 |
919 |
991 |
875 |
734 |
Trading Account Securities |
|
403 |
359 |
425 |
774 |
1,158 |
2,229 |
2,814 |
3,311 |
3,427 |
3,527 |
Loans and Leases, Net of Allowance |
|
3,811 |
4,504 |
5,143 |
5,178 |
4,887 |
4,247 |
3,999 |
3,888 |
3,971 |
4,133 |
Loans and Leases |
|
4,055 |
4,807 |
5,492 |
5,533 |
5,237 |
4,506 |
4,228 |
4,108 |
4,215 |
4,386 |
Allowance for Loan and Lease Losses |
|
243 |
303 |
349 |
355 |
350 |
259 |
229 |
221 |
244 |
253 |
Loans Held for Sale |
|
63 |
90 |
- |
- |
- |
550 |
791 |
850 |
703 |
1,008 |
Premises and Equipment, Net |
|
120 |
130 |
144 |
152 |
160 |
164 |
166 |
168 |
169 |
246 |
Goodwill |
|
76 |
76 |
76 |
76 |
76 |
76 |
76 |
76 |
76 |
76 |
Other Assets |
|
612 |
597 |
6,425 |
924 |
841 |
878 |
770 |
1,695 |
1,217 |
1,010 |
Total Liabilities & Shareholders' Equity |
|
6,187 |
6,775 |
8,754 |
8,343 |
8,472 |
9,245 |
9,586 |
11,038 |
10,483 |
10,775 |
Total Liabilities |
|
5,108 |
5,654 |
7,563 |
7,137 |
7,264 |
7,979 |
8,298 |
9,695 |
9,119 |
9,369 |
Non-Interest Bearing Deposits |
|
266 |
255 |
201 |
190 |
313 |
308 |
336 |
361 |
366 |
350 |
Interest Bearing Deposits |
|
4,262 |
4,868 |
7,018 |
6,654 |
6,687 |
7,214 |
7,760 |
9,099 |
8,540 |
8,786 |
Other Long-Term Liabilities |
|
296 |
320 |
253 |
251 |
235 |
194 |
197 |
232 |
213 |
233 |
Total Equity & Noncontrolling Interests |
|
1,079 |
1,121 |
1,191 |
1,206 |
1,208 |
1,266 |
1,288 |
1,343 |
1,365 |
1,406 |
Total Preferred & Common Equity |
|
1,079 |
1,121 |
1,191 |
1,206 |
1,208 |
1,266 |
1,288 |
1,343 |
1,365 |
1,406 |
Total Common Equity |
|
1,079 |
1,121 |
1,191 |
1,206 |
1,208 |
1,266 |
1,288 |
1,343 |
1,365 |
1,406 |
Common Stock |
|
1,595 |
1,613 |
1,638 |
1,649 |
1,661 |
1,680 |
1,687 |
1,694 |
1,713 |
1,720 |
Retained Earnings |
|
-495 |
-451 |
-414 |
-404 |
-399 |
-377 |
-362 |
-347 |
-326 |
-288 |
Accumulated Other Comprehensive Income / (Loss) |
|
-22 |
-40 |
-34 |
-39 |
-54 |
-37 |
-37 |
-3.57 |
-22 |
-26 |
Annual Metrics And Ratios for LendingClub
This table displays calculated financial ratios and metrics derived from LendingClub's official financial filings.
Metric |
|
2014 |
2015 |
2016 |
2017 |
2018 |
2019 |
2020 |
2021 |
2022 |
2023 |
2024 |
Growth Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Revenue Growth |
|
115.48% |
103.52% |
16.48% |
14.72% |
26.83% |
4.11% |
-90.41% |
1,024.96% |
45.02% |
-27.17% |
-8.98% |
EBITDA Growth |
|
-336.83% |
191.39% |
-719.67% |
10.90% |
63.18% |
179.20% |
-1,312.10% |
105.65% |
417.19% |
-89.99% |
399.28% |
EBIT Growth |
|
-531.09% |
93.14% |
-6,847.13% |
-2.14% |
38.58% |
67.22% |
-1,301.48% |
104.26% |
729.74% |
-64.31% |
19.13% |
NOPAT Growth |
|
-401.76% |
93.14% |
-6,847.13% |
-2.14% |
16.49% |
75.89% |
-1,301.48% |
106.13% |
1,459.12% |
-86.56% |
31.82% |
Net Income Growth |
|
-550.11% |
84.81% |
-2,822.30% |
-5.53% |
16.71% |
76.08% |
-1,310.40% |
104.29% |
1,459.12% |
-86.56% |
31.82% |
EPS Growth |
|
0.00% |
97.73% |
-3,700.00% |
-5.53% |
16.71% |
76.97% |
0.00% |
0.00% |
1,450.00% |
-87.10% |
25.00% |
Operating Cash Flow Growth |
|
4,282.79% |
49.72% |
-99.27% |
-105,308.81% |
-11.57% |
57.69% |
254.46% |
-42.62% |
56.57% |
-402.63% |
-131.76% |
Free Cash Flow Firm Growth |
|
-78.77% |
3.82% |
111.58% |
354.79% |
-32.98% |
33.43% |
-2.32% |
-97.15% |
1,803.94% |
-86.32% |
-130.84% |
Invested Capital Growth |
|
98.46% |
48.24% |
-5.64% |
-20.20% |
-17.38% |
-25.27% |
-43.83% |
-0.37% |
-11.37% |
-1.81% |
5.55% |
Revenue Q/Q Growth |
|
19.62% |
18.59% |
-0.99% |
4.73% |
8.80% |
22.67% |
-87.11% |
94.89% |
0.04% |
-8.19% |
4.18% |
EBITDA Q/Q Growth |
|
-69.10% |
517.95% |
-41.40% |
-99.99% |
74.10% |
126.26% |
-1,062.73% |
110.42% |
-10.48% |
-5.57% |
11.93% |
EBIT Q/Q Growth |
|
-57.99% |
86.51% |
-33.49% |
-62.31% |
54.28% |
82.64% |
-1,797.57% |
107.40% |
-4.80% |
-12.03% |
-3.81% |
NOPAT Q/Q Growth |
|
-57.99% |
86.51% |
-33.45% |
-62.31% |
37.84% |
30.83% |
-123.46% |
110.65% |
-1.87% |
-25.65% |
-0.84% |
Net Income Q/Q Growth |
|
-56.65% |
73.15% |
-33.76% |
-63.50% |
37.97% |
31.02% |
-122.97% |
107.46% |
-1.87% |
-25.65% |
-0.84% |
EPS Q/Q Growth |
|
-7.32% |
83.33% |
-35.71% |
-63.50% |
37.97% |
0.00% |
0.00% |
550.00% |
-16.47% |
-32.08% |
-2.17% |
Operating Cash Flow Q/Q Growth |
|
145.52% |
10.12% |
-96.01% |
-275.90% |
5.18% |
49.72% |
63.93% |
39.98% |
-19.02% |
-294.04% |
19.29% |
Free Cash Flow Firm Q/Q Growth |
|
-62.25% |
23.19% |
158.12% |
18.12% |
-38.30% |
31.09% |
9.72% |
416.02% |
-12.48% |
-57.54% |
66.13% |
Invested Capital Q/Q Growth |
|
38.08% |
9.83% |
-1.85% |
-6.39% |
5.00% |
-1.07% |
-15.56% |
-6.19% |
-2.77% |
2.76% |
-0.29% |
Profitability Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
EBITDA Margin |
|
-10.06% |
4.52% |
-24.02% |
-18.66% |
-5.42% |
4.12% |
-520.68% |
2.62% |
9.33% |
1.28% |
7.03% |
EBIT Margin |
|
-14.91% |
-0.50% |
-29.99% |
-26.70% |
-12.93% |
-4.07% |
-594.93% |
2.25% |
12.89% |
6.32% |
8.27% |
Profit (Net Income) Margin |
|
-15.57% |
-1.16% |
-29.15% |
-26.81% |
-17.61% |
-4.05% |
-594.82% |
2.27% |
24.40% |
4.50% |
6.52% |
Tax Burden Percent |
|
104.41% |
231.04% |
97.19% |
100.41% |
100.15% |
99.35% |
99.98% |
100.74% |
189.29% |
71.29% |
78.89% |
Interest Burden Percent |
|
100.00% |
100.00% |
100.00% |
100.00% |
135.95% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
Effective Tax Rate |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
-0.74% |
-89.29% |
28.71% |
21.11% |
Return on Invested Capital (ROIC) |
|
-0.77% |
-0.03% |
-1.93% |
-2.26% |
-2.32% |
-0.71% |
-14.87% |
1.27% |
21.03% |
3.04% |
3.93% |
ROIC Less NNEP Spread (ROIC-NNEP) |
|
-1.24% |
-0.13% |
-2.85% |
-3.48% |
-3.63% |
-1.13% |
-25.46% |
1.27% |
21.03% |
3.04% |
3.93% |
Return on Net Nonoperating Assets (RNNOA) |
|
-5.54% |
-0.46% |
-12.54% |
-13.93% |
-11.94% |
-2.76% |
-38.42% |
1.09% |
7.73% |
0.19% |
0.03% |
Return on Equity (ROE) |
|
-6.32% |
-0.50% |
-14.47% |
-16.19% |
-14.27% |
-3.47% |
-53.30% |
2.36% |
28.76% |
3.22% |
3.96% |
Cash Return on Invested Capital (CROIC) |
|
-66.75% |
-38.90% |
3.88% |
20.21% |
16.71% |
28.21% |
41.26% |
1.64% |
33.08% |
4.86% |
-1.47% |
Operating Return on Assets (OROA) |
|
-1.08% |
-0.04% |
-2.65% |
-3.01% |
-2.23% |
-0.91% |
-17.87% |
0.55% |
2.38% |
0.65% |
0.67% |
Return on Assets (ROA) |
|
-1.13% |
-0.10% |
-2.57% |
-3.02% |
-3.03% |
-0.90% |
-17.87% |
0.55% |
4.50% |
0.46% |
0.53% |
Return on Common Equity (ROCE) |
|
-5.69% |
-0.50% |
-14.47% |
-16.14% |
-14.21% |
-3.46% |
-53.30% |
2.36% |
28.76% |
3.22% |
3.96% |
Return on Equity Simple (ROE_SIMPLE) |
|
-3.38% |
-0.48% |
-14.96% |
-16.70% |
-14.76% |
-3.41% |
-59.77% |
2.19% |
24.88% |
3.11% |
3.83% |
Net Operating Profit after Tax (NOPAT) |
|
-22 |
-1.51 |
-105 |
-107 |
-90 |
-22 |
-303 |
19 |
290 |
39 |
51 |
NOPAT Margin |
|
-10.44% |
-0.35% |
-20.99% |
-18.69% |
-12.31% |
-2.85% |
-416.45% |
2.27% |
24.40% |
4.50% |
6.52% |
Net Nonoperating Expense Percent (NNEP) |
|
0.47% |
0.09% |
0.92% |
1.22% |
1.31% |
0.42% |
10.59% |
0.00% |
0.00% |
0.00% |
0.00% |
SG&A Expenses to Revenue |
|
58.78% |
57.82% |
66.30% |
64.77% |
58.16% |
82.16% |
492.99% |
62.09% |
51.24% |
49.36% |
50.77% |
Operating Expenses to Revenue |
|
114.86% |
100.50% |
129.99% |
126.70% |
112.93% |
104.07% |
690.28% |
80.79% |
64.59% |
65.51% |
69.08% |
Earnings before Interest and Taxes (EBIT) |
|
-32 |
-2.16 |
-150 |
-153 |
-94 |
-31 |
-433 |
18 |
153 |
55 |
65 |
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA) |
|
-21 |
19 |
-120 |
-107 |
-39 |
31 |
-379 |
21 |
111 |
11 |
55 |
Valuation Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Price to Book Value (P/BV) |
|
1.58 |
4.01 |
2.12 |
1.86 |
1.29 |
1.24 |
1.33 |
2.84 |
0.79 |
0.77 |
1.36 |
Price to Tangible Book Value (P/TBV) |
|
1.78 |
4.45 |
2.27 |
1.98 |
1.32 |
1.26 |
1.33 |
3.12 |
0.85 |
0.81 |
1.44 |
Price to Revenue (P/Rev) |
|
7.30 |
9.71 |
4.13 |
2.98 |
1.54 |
1.47 |
13.28 |
2.95 |
0.78 |
1.11 |
2.31 |
Price to Earnings (P/E) |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
129.97 |
3.19 |
24.61 |
35.45 |
Dividend Yield |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Earnings Yield |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.77% |
31.32% |
4.06% |
2.82% |
Enterprise Value to Invested Capital (EV/IC) |
|
0.91 |
1.43 |
1.08 |
1.03 |
0.89 |
0.89 |
0.74 |
1.55 |
0.00 |
0.00 |
0.63 |
Enterprise Value to Revenue (EV/Rev) |
|
16.28 |
18.71 |
11.38 |
7.61 |
4.25 |
3.08 |
14.83 |
2.76 |
0.00 |
0.00 |
1.07 |
Enterprise Value to EBITDA (EV/EBITDA) |
|
0.00 |
414.23 |
0.00 |
0.00 |
0.00 |
74.68 |
0.00 |
105.64 |
0.00 |
0.00 |
15.22 |
Enterprise Value to EBIT (EV/EBIT) |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
122.62 |
0.00 |
0.00 |
12.95 |
Enterprise Value to NOPAT (EV/NOPAT) |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
121.73 |
0.00 |
0.00 |
16.41 |
Enterprise Value to Operating Cash Flow (EV/OCF) |
|
68.88 |
107.61 |
10,454.13 |
0.00 |
0.00 |
0.00 |
2.58 |
9.43 |
0.00 |
0.00 |
0.00 |
Enterprise Value to Free Cash Flow (EV/FCFF) |
|
0.00 |
0.00 |
26.92 |
4.54 |
4.81 |
2.71 |
1.28 |
94.50 |
0.00 |
0.00 |
0.00 |
Leverage & Solvency |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Debt to Equity |
|
2.89 |
4.39 |
4.43 |
3.56 |
3.01 |
1.90 |
1.02 |
0.72 |
0.11 |
0.02 |
0.00 |
Long-Term Debt to Equity |
|
2.89 |
4.39 |
4.43 |
3.52 |
2.48 |
1.25 |
0.88 |
0.69 |
0.11 |
0.02 |
0.00 |
Financial Leverage |
|
4.47 |
3.67 |
4.41 |
4.00 |
3.29 |
2.45 |
1.51 |
0.86 |
0.37 |
0.06 |
0.01 |
Leverage Ratio |
|
5.60 |
4.81 |
5.63 |
5.36 |
4.70 |
3.84 |
2.98 |
4.30 |
6.39 |
6.96 |
7.50 |
Compound Leverage Factor |
|
5.60 |
4.81 |
5.63 |
5.36 |
6.39 |
3.84 |
2.98 |
4.30 |
6.39 |
6.96 |
7.50 |
Debt to Total Capital |
|
74.30% |
81.44% |
81.58% |
78.05% |
75.06% |
65.51% |
50.60% |
41.79% |
10.06% |
1.52% |
0.00% |
Short-Term Debt to Total Capital |
|
0.00% |
0.00% |
0.00% |
0.76% |
13.14% |
22.51% |
7.16% |
1.90% |
0.00% |
0.00% |
0.00% |
Long-Term Debt to Total Capital |
|
74.30% |
81.44% |
81.58% |
77.29% |
61.92% |
43.00% |
43.44% |
39.89% |
10.06% |
1.52% |
0.00% |
Preferred Equity to Total Capital |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Noncontrolling Interests to Total Capital |
|
0.00% |
0.00% |
0.00% |
0.12% |
0.05% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Common Equity to Total Capital |
|
25.70% |
18.56% |
18.42% |
21.83% |
24.89% |
34.49% |
49.40% |
58.21% |
89.94% |
98.48% |
100.00% |
Debt to EBITDA |
|
-132.43 |
235.45 |
-35.91 |
-30.77 |
-66.41 |
54.69 |
-1.96 |
28.51 |
1.18 |
1.75 |
0.00 |
Net Debt to EBITDA |
|
-89.29 |
199.18 |
-30.15 |
-24.76 |
-50.09 |
39.10 |
-0.30 |
-7.16 |
-8.98 |
-114.96 |
0.00 |
Long-Term Debt to EBITDA |
|
-132.43 |
235.45 |
-35.91 |
-30.47 |
-54.78 |
35.89 |
-1.68 |
27.21 |
1.18 |
1.75 |
0.00 |
Debt to NOPAT |
|
-127.59 |
-3,020.74 |
-41.10 |
-30.72 |
-29.23 |
-79.06 |
-2.45 |
32.85 |
0.45 |
0.50 |
0.00 |
Net Debt to NOPAT |
|
-86.02 |
-2,555.38 |
-34.50 |
-24.72 |
-22.05 |
-56.53 |
-0.37 |
-8.25 |
-3.43 |
-32.74 |
0.00 |
Long-Term Debt to NOPAT |
|
-127.59 |
-3,020.74 |
-41.10 |
-30.42 |
-24.11 |
-51.89 |
-2.10 |
31.35 |
0.45 |
0.50 |
0.00 |
Noncontrolling Interest Sharing Ratio |
|
9.91% |
0.00% |
0.00% |
0.28% |
0.39% |
0.10% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Liquidity Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Cash Flow Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Free Cash Flow to Firm (FCFF) |
|
-1,901 |
-1,828 |
212 |
963 |
645 |
861 |
841 |
24 |
456 |
62 |
-19 |
Operating Cash Flow to CapEx |
|
0.00% |
189.76% |
1.05% |
0.00% |
0.00% |
-534.15% |
1,342.12% |
697.03% |
540.53% |
-1,909.96% |
-4,850.97% |
Free Cash Flow to Firm to Interest Expense |
|
-5.33 |
-3.33 |
0.31 |
1.68 |
1.67 |
3.48 |
5.59 |
0.30 |
5.52 |
0.23 |
-0.05 |
Operating Cash Flow to Interest Expense |
|
0.14 |
0.14 |
0.00 |
-1.00 |
-1.66 |
-1.09 |
2.78 |
3.00 |
4.55 |
-4.20 |
-7.04 |
Operating Cash Flow Less CapEx to Interest Expense |
|
0.20 |
0.06 |
-0.07 |
-0.93 |
-1.52 |
-1.30 |
2.57 |
2.57 |
3.71 |
-4.42 |
-7.19 |
Efficiency Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Asset Turnover |
|
0.07 |
0.09 |
0.09 |
0.11 |
0.17 |
0.22 |
0.03 |
0.24 |
0.18 |
0.10 |
0.08 |
Fixed Asset Turnover |
|
10.66 |
10.36 |
6.90 |
6.01 |
6.75 |
6.65 |
0.69 |
8.41 |
10.13 |
5.80 |
4.78 |
Capital & Investment Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Invested Capital |
|
3,787 |
5,613 |
5,297 |
4,227 |
3,492 |
2,610 |
1,466 |
1,461 |
1,295 |
1,271 |
1,342 |
Invested Capital Turnover |
|
0.07 |
0.09 |
0.09 |
0.12 |
0.19 |
0.25 |
0.04 |
0.56 |
0.86 |
0.67 |
0.60 |
Increase / (Decrease) in Invested Capital |
|
1,879 |
1,827 |
-317 |
-1,070 |
-735 |
-882 |
-1,144 |
-5.35 |
-166 |
-23 |
71 |
Enterprise Value (EV) |
|
3,438 |
8,043 |
5,698 |
4,373 |
3,100 |
2,335 |
1,080 |
2,262 |
-69 |
-316 |
842 |
Market Capitalization |
|
1,541 |
4,175 |
2,070 |
1,713 |
1,121 |
1,112 |
966 |
2,415 |
925 |
958 |
1,820 |
Book Value per Share |
|
$15.98 |
$2.76 |
$2.47 |
$2.22 |
$2.04 |
$10.21 |
$7.91 |
$8.51 |
$11.08 |
$11.42 |
$11.94 |
Tangible Book Value per Share |
|
$14.19 |
$2.48 |
$2.32 |
$2.08 |
$2.00 |
$10.05 |
$7.91 |
$7.76 |
$10.36 |
$10.73 |
$11.26 |
Total Capital |
|
3,787 |
5,613 |
5,297 |
4,227 |
3,492 |
2,610 |
1,466 |
1,461 |
1,295 |
1,271 |
1,342 |
Total Debt |
|
2,814 |
4,572 |
4,321 |
3,299 |
2,621 |
1,710 |
742 |
610 |
130 |
19 |
0.00 |
Total Long-Term Debt |
|
2,814 |
4,572 |
4,321 |
3,267 |
2,162 |
1,122 |
637 |
583 |
130 |
19 |
0.00 |
Net Debt |
|
1,897 |
3,867 |
3,627 |
2,655 |
1,977 |
1,222 |
113 |
-153 |
-994 |
-1,275 |
-977 |
Capital Expenditures (CapEx) |
|
-21 |
39 |
52 |
-45 |
-53 |
51 |
31 |
34 |
69 |
60 |
54 |
Net Nonoperating Expense (NNE) |
|
11 |
3.48 |
41 |
47 |
39 |
9.07 |
130 |
0.00 |
0.00 |
0.00 |
0.00 |
Net Nonoperating Obligations (NNO) |
|
2,814 |
4,572 |
4,321 |
3,299 |
2,621 |
1,710 |
742 |
610 |
130 |
19 |
0.00 |
Total Depreciation and Amortization (D&A) |
|
10 |
22 |
30 |
46 |
55 |
62 |
54 |
2.97 |
-42 |
-44 |
-9.70 |
Earnings Adjustments |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Adjusted Basic Earnings per Share |
|
($2.20) |
($0.05) |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
($1.24) |
$0.38 |
$2.80 |
$0.36 |
$0.46 |
Adjusted Weighted Average Basic Shares Outstanding |
|
15.11M |
74.97M |
0.00 |
0.00 |
0.00 |
0.00 |
93.55M |
98.14M |
103.55M |
108.47M |
111.73M |
Adjusted Diluted Earnings per Share |
|
($2.20) |
($0.05) |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
($1.24) |
$0.18 |
$2.79 |
$0.36 |
$0.45 |
Adjusted Weighted Average Diluted Shares Outstanding |
|
15.11M |
74.97M |
0.00 |
0.00 |
0.00 |
0.00 |
93.55M |
102.15M |
104.00M |
108.47M |
113.12M |
Adjusted Basic & Diluted Earnings per Share |
|
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
($1.24) |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
Adjusted Weighted Average Basic & Diluted Shares Outstanding |
|
74.40M |
76.29M |
0.00 |
0.00 |
0.00 |
0.00 |
90.44M |
101.04M |
106.57M |
110.41M |
113.38M |
Normalized Net Operating Profit after Tax (NOPAT) |
|
-22 |
-1.51 |
-79 |
-107 |
-65 |
-22 |
-303 |
13 |
107 |
39 |
51 |
Normalized NOPAT Margin |
|
-10.44% |
-0.35% |
-15.81% |
-18.69% |
-8.88% |
-2.85% |
-416.45% |
1.58% |
9.02% |
4.50% |
6.52% |
Pre Tax Income Margin |
|
-14.91% |
-0.50% |
-29.99% |
-26.70% |
-17.58% |
-4.07% |
-594.93% |
2.25% |
12.89% |
6.32% |
8.27% |
Debt Service Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
EBIT to Interest Expense |
|
-0.09 |
0.00 |
-0.22 |
-0.27 |
-0.24 |
-0.12 |
-2.88 |
0.23 |
1.85 |
0.20 |
0.17 |
NOPAT to Interest Expense |
|
-0.06 |
0.00 |
-0.15 |
-0.19 |
-0.23 |
-0.09 |
-2.02 |
0.23 |
3.51 |
0.14 |
0.14 |
EBIT Less CapEx to Interest Expense |
|
-0.03 |
-0.08 |
-0.29 |
-0.19 |
-0.11 |
-0.33 |
-3.09 |
-0.20 |
1.01 |
-0.02 |
0.03 |
NOPAT Less CapEx to Interest Expense |
|
0.00 |
-0.07 |
-0.23 |
-0.11 |
-0.10 |
-0.29 |
-2.22 |
-0.20 |
2.67 |
-0.08 |
-0.01 |
Payout Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Dividend Payout Ratio |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
-11.60% |
0.00% |
0.00% |
0.00% |
0.00% |
Augmented Payout Ratio |
|
0.00% |
0.00% |
-13.35% |
0.00% |
0.00% |
0.00% |
-11.60% |
0.00% |
0.00% |
0.00% |
0.00% |
Quarterly Metrics And Ratios for LendingClub
This table displays calculated financial ratios and metrics derived from LendingClub's official financial filings.
Metric |
|
Q4 2022 |
Q1 2023 |
Q2 2023 |
Q3 2023 |
Q4 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Q4 2024 |
Q1 2025 |
Q2 2025 |
Growth Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Revenue Growth |
|
0.18% |
-15.14% |
-29.57% |
-34.13% |
-29.35% |
-26.46% |
-19.46% |
0.51% |
17.02% |
20.49% |
32.68% |
EBITDA Growth |
|
-56.31% |
-83.92% |
-99.35% |
-118.78% |
-6.50% |
71.55% |
5,708.33% |
426.64% |
62.78% |
32.76% |
267.09% |
EBIT Growth |
|
-26.74% |
-61.15% |
-70.47% |
-76.82% |
-35.31% |
-7.16% |
31.27% |
116.05% |
-18.82% |
-5.04% |
177.95% |
NOPAT Growth |
|
-18.95% |
-66.53% |
-94.45% |
-88.41% |
-56.95% |
-10.36% |
47.41% |
188.68% |
-4.28% |
-4.73% |
156.18% |
Net Income Growth |
|
-18.95% |
-66.53% |
-94.45% |
-88.41% |
-56.95% |
-10.36% |
47.41% |
188.68% |
-4.28% |
-4.73% |
156.18% |
EPS Growth |
|
-67.90% |
-66.67% |
-94.80% |
-87.80% |
-65.38% |
-15.38% |
44.44% |
160.00% |
-11.11% |
-9.09% |
153.85% |
Operating Cash Flow Growth |
|
-72.57% |
181.49% |
-147.76% |
-412.82% |
-2,543.19% |
-839.37% |
-920.67% |
-94.19% |
77.25% |
59.92% |
23.53% |
Free Cash Flow Firm Growth |
|
450.15% |
-95.00% |
-65.53% |
-62.97% |
-82.30% |
-887.30% |
-124.33% |
-194.57% |
-281.29% |
175.21% |
-144.21% |
Invested Capital Growth |
|
-11.37% |
-1.24% |
-8.45% |
-7.09% |
-1.81% |
19.20% |
3.64% |
8.77% |
5.55% |
-10.75% |
8.71% |
Revenue Q/Q Growth |
|
-13.84% |
-6.48% |
-5.38% |
-13.60% |
-7.59% |
-2.65% |
3.63% |
7.82% |
7.59% |
0.23% |
14.11% |
EBITDA Q/Q Growth |
|
-59.03% |
-39.86% |
-95.83% |
-1,928.97% |
303.95% |
10.34% |
41.12% |
2.86% |
1.63% |
-10.01% |
290.20% |
EBIT Q/Q Growth |
|
-41.17% |
-15.84% |
-16.89% |
-43.67% |
64.18% |
20.78% |
17.51% |
-7.28% |
-38.32% |
41.29% |
243.96% |
NOPAT Q/Q Growth |
|
-45.39% |
-42.07% |
-26.02% |
-50.46% |
102.78% |
20.63% |
21.66% |
-2.99% |
-32.77% |
20.07% |
227.12% |
Net Income Q/Q Growth |
|
-45.39% |
-42.07% |
-26.02% |
-50.46% |
102.78% |
20.63% |
21.66% |
-2.99% |
-32.77% |
20.07% |
227.12% |
EPS Q/Q Growth |
|
-36.59% |
-50.00% |
-30.77% |
-44.44% |
80.00% |
22.22% |
18.18% |
0.00% |
-38.46% |
25.00% |
230.00% |
Operating Cash Flow Q/Q Growth |
|
-69.75% |
243.30% |
-179.79% |
-277.56% |
-136.22% |
-3.89% |
-10.15% |
28.17% |
72.33% |
-83.01% |
-110.19% |
Free Cash Flow Firm Q/Q Growth |
|
-29.42% |
-84.32% |
321.46% |
-20.60% |
-66.26% |
-797.37% |
86.97% |
-208.61% |
35.33% |
389.29% |
-142.30% |
Invested Capital Q/Q Growth |
|
-2.77% |
-0.93% |
-2.69% |
-0.88% |
2.76% |
20.27% |
-15.40% |
4.03% |
-0.29% |
1.70% |
3.04% |
Profitability Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
EBITDA Margin |
|
3.83% |
2.46% |
0.11% |
-2.29% |
5.06% |
5.74% |
7.82% |
7.46% |
7.04% |
6.32% |
21.63% |
EBIT Margin |
|
8.05% |
7.25% |
6.36% |
4.15% |
7.37% |
9.15% |
10.37% |
8.92% |
5.11% |
7.21% |
21.73% |
Profit (Net Income) Margin |
|
8.98% |
5.56% |
4.35% |
2.49% |
5.47% |
6.78% |
7.96% |
7.16% |
4.48% |
5.36% |
15.37% |
Tax Burden Percent |
|
111.53% |
76.77% |
68.33% |
60.08% |
74.21% |
74.12% |
76.73% |
80.28% |
87.50% |
74.36% |
70.72% |
Interest Burden Percent |
|
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
Effective Tax Rate |
|
-11.53% |
23.23% |
31.67% |
39.92% |
25.79% |
25.88% |
23.27% |
19.72% |
12.50% |
25.64% |
29.28% |
Return on Invested Capital (ROIC) |
|
7.74% |
4.93% |
3.48% |
1.83% |
3.69% |
3.86% |
4.73% |
4.19% |
2.70% |
3.05% |
10.08% |
ROIC Less NNEP Spread (ROIC-NNEP) |
|
7.74% |
4.93% |
3.48% |
1.83% |
3.69% |
3.86% |
4.73% |
4.19% |
2.70% |
3.05% |
10.08% |
Return on Net Nonoperating Assets (RNNOA) |
|
2.85% |
1.19% |
0.50% |
0.19% |
0.23% |
0.56% |
0.09% |
0.05% |
0.02% |
0.30% |
0.02% |
Return on Equity (ROE) |
|
10.58% |
6.12% |
3.98% |
2.02% |
3.92% |
4.41% |
4.82% |
4.24% |
2.72% |
3.36% |
10.10% |
Cash Return on Invested Capital (CROIC) |
|
33.08% |
21.58% |
15.76% |
11.43% |
4.86% |
-14.85% |
-0.24% |
-4.40% |
-1.47% |
14.87% |
-2.86% |
Operating Return on Assets (OROA) |
|
1.48% |
1.16% |
0.92% |
0.51% |
0.76% |
0.81% |
0.87% |
0.69% |
0.41% |
0.60% |
1.89% |
Return on Assets (ROA) |
|
1.66% |
0.89% |
0.63% |
0.31% |
0.56% |
0.60% |
0.67% |
0.55% |
0.36% |
0.45% |
1.34% |
Return on Common Equity (ROCE) |
|
10.58% |
6.12% |
3.98% |
2.02% |
3.92% |
4.41% |
4.82% |
4.24% |
2.72% |
3.36% |
10.10% |
Return on Equity Simple (ROE_SIMPLE) |
|
0.00% |
22.05% |
7.51% |
4.33% |
0.00% |
2.96% |
3.29% |
3.85% |
0.00% |
3.72% |
5.26% |
Net Operating Profit after Tax (NOPAT) |
|
24 |
14 |
10 |
5.01 |
10 |
12 |
15 |
14 |
9.72 |
12 |
38 |
NOPAT Margin |
|
8.98% |
5.56% |
4.35% |
2.49% |
5.47% |
6.78% |
7.96% |
7.16% |
4.48% |
5.36% |
15.37% |
Net Nonoperating Expense Percent (NNEP) |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
SG&A Expenses to Revenue |
|
53.60% |
48.11% |
49.10% |
47.45% |
53.43% |
55.47% |
53.14% |
49.73% |
45.77% |
48.97% |
46.23% |
Operating Expenses to Revenue |
|
68.53% |
64.03% |
64.99% |
63.75% |
70.05% |
73.18% |
70.64% |
67.53% |
65.77% |
66.08% |
62.28% |
Earnings before Interest and Taxes (EBIT) |
|
21 |
18 |
15 |
8.34 |
14 |
17 |
19 |
18 |
11 |
16 |
54 |
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA) |
|
10 |
6.05 |
0.25 |
-4.61 |
9.40 |
10 |
15 |
15 |
15 |
14 |
54 |
Valuation Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Price to Book Value (P/BV) |
|
0.79 |
0.65 |
0.87 |
0.55 |
0.77 |
0.76 |
0.73 |
0.95 |
1.36 |
0.86 |
0.98 |
Price to Tangible Book Value (P/TBV) |
|
0.85 |
0.69 |
0.93 |
0.59 |
0.81 |
0.81 |
0.78 |
1.01 |
1.44 |
0.91 |
1.03 |
Price to Revenue (P/Rev) |
|
0.78 |
0.67 |
1.00 |
0.70 |
1.11 |
1.21 |
1.25 |
1.69 |
2.31 |
1.42 |
1.55 |
Price to Earnings (P/E) |
|
3.19 |
2.93 |
11.57 |
12.66 |
24.61 |
25.69 |
22.22 |
24.69 |
35.45 |
23.06 |
18.56 |
Dividend Yield |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Earnings Yield |
|
31.32% |
34.16% |
8.64% |
7.90% |
4.06% |
3.89% |
4.50% |
4.05% |
2.82% |
4.34% |
5.39% |
Enterprise Value to Invested Capital (EV/IC) |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.08 |
0.00 |
0.17 |
0.63 |
0.18 |
0.43 |
Enterprise Value to Revenue (EV/Rev) |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.16 |
0.00 |
0.31 |
1.07 |
0.30 |
0.68 |
Enterprise Value to EBITDA (EV/EBITDA) |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
8.04 |
0.00 |
4.66 |
15.22 |
4.25 |
6.13 |
Enterprise Value to EBIT (EV/EBIT) |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
2.32 |
0.00 |
3.41 |
12.95 |
3.89 |
6.07 |
Enterprise Value to NOPAT (EV/NOPAT) |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
3.30 |
0.00 |
4.45 |
16.41 |
4.92 |
8.10 |
Enterprise Value to Operating Cash Flow (EV/OCF) |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Enterprise Value to Free Cash Flow (EV/FCFF) |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
1.16 |
0.00 |
Leverage & Solvency |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Debt to Equity |
|
0.11 |
0.08 |
0.04 |
0.02 |
0.02 |
0.21 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Long-Term Debt to Equity |
|
0.11 |
0.08 |
0.04 |
0.02 |
0.02 |
0.21 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Financial Leverage |
|
0.37 |
0.24 |
0.14 |
0.10 |
0.06 |
0.14 |
0.02 |
0.01 |
0.01 |
0.10 |
0.00 |
Leverage Ratio |
|
6.39 |
6.89 |
6.36 |
6.55 |
6.96 |
7.33 |
7.19 |
7.65 |
7.50 |
7.50 |
7.56 |
Compound Leverage Factor |
|
6.39 |
6.89 |
6.36 |
6.55 |
6.96 |
7.33 |
7.19 |
7.65 |
7.50 |
7.50 |
7.56 |
Debt to Total Capital |
|
10.06% |
7.16% |
3.41% |
2.33% |
1.52% |
17.17% |
0.42% |
0.20% |
0.00% |
0.00% |
0.00% |
Short-Term Debt to Total Capital |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Long-Term Debt to Total Capital |
|
10.06% |
7.16% |
3.41% |
2.33% |
1.52% |
17.17% |
0.42% |
0.20% |
0.00% |
0.00% |
0.00% |
Preferred Equity to Total Capital |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Noncontrolling Interests to Total Capital |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Common Equity to Total Capital |
|
89.94% |
92.84% |
96.59% |
97.67% |
98.48% |
82.83% |
99.58% |
99.80% |
100.00% |
100.00% |
100.00% |
Debt to EBITDA |
|
1.18 |
1.16 |
1.04 |
2.46 |
1.75 |
17.03 |
0.18 |
0.05 |
0.00 |
0.00 |
0.00 |
Net Debt to EBITDA |
|
-8.98 |
-20.12 |
-29.25 |
-112.53 |
-114.96 |
-54.48 |
-32.35 |
-21.18 |
0.00 |
0.00 |
0.00 |
Long-Term Debt to EBITDA |
|
1.18 |
1.16 |
1.04 |
2.46 |
1.75 |
17.03 |
0.18 |
0.05 |
0.00 |
0.00 |
0.00 |
Debt to NOPAT |
|
0.45 |
0.35 |
0.47 |
0.55 |
0.50 |
7.00 |
0.13 |
0.05 |
0.00 |
0.00 |
0.00 |
Net Debt to NOPAT |
|
-3.43 |
-6.07 |
-13.21 |
-25.23 |
-32.74 |
-22.38 |
-22.78 |
-20.24 |
0.00 |
0.00 |
0.00 |
Long-Term Debt to NOPAT |
|
0.45 |
0.35 |
0.47 |
0.55 |
0.50 |
7.00 |
0.13 |
0.05 |
0.00 |
0.00 |
0.00 |
Noncontrolling Interest Sharing Ratio |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Liquidity Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Cash Flow Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Free Cash Flow to Firm (FCFF) |
|
190 |
30 |
125 |
99 |
34 |
-234 |
-30 |
-94 |
-61 |
176 |
-74 |
Operating Cash Flow to CapEx |
|
225.00% |
698.21% |
-576.13% |
-2,157.97% |
-7,229.86% |
-7,185.43% |
-7,248.01% |
-5,386.20% |
-1,076.50% |
-2,596.48% |
-786.26% |
Free Cash Flow to Firm to Interest Expense |
|
4.89 |
0.53 |
1.85 |
1.41 |
0.44 |
-2.77 |
-0.33 |
-0.94 |
-0.62 |
2.14 |
-0.90 |
Operating Cash Flow to Interest Expense |
|
0.86 |
2.06 |
-1.35 |
-4.90 |
-10.60 |
-10.02 |
-10.23 |
-6.69 |
-1.89 |
-4.13 |
-8.61 |
Operating Cash Flow Less CapEx to Interest Expense |
|
0.48 |
1.76 |
-1.58 |
-5.13 |
-10.75 |
-10.16 |
-10.38 |
-6.81 |
-2.06 |
-4.29 |
-9.70 |
Efficiency Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Asset Turnover |
|
0.18 |
0.16 |
0.14 |
0.12 |
0.10 |
0.09 |
0.08 |
0.08 |
0.08 |
0.08 |
0.09 |
Fixed Asset Turnover |
|
10.13 |
8.95 |
7.70 |
6.50 |
5.80 |
5.20 |
4.75 |
4.61 |
4.78 |
4.96 |
4.29 |
Capital & Investment Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Invested Capital |
|
1,295 |
1,283 |
1,248 |
1,237 |
1,271 |
1,529 |
1,293 |
1,346 |
1,342 |
1,365 |
1,406 |
Invested Capital Turnover |
|
0.86 |
0.89 |
0.80 |
0.73 |
0.67 |
0.57 |
0.59 |
0.59 |
0.60 |
0.57 |
0.66 |
Increase / (Decrease) in Invested Capital |
|
-166 |
-16 |
-115 |
-94 |
-23 |
246 |
45 |
109 |
71 |
-164 |
113 |
Enterprise Value (EV) |
|
-69 |
-824 |
-148 |
-658 |
-316 |
124 |
-24 |
230 |
842 |
250 |
600 |
Market Capitalization |
|
925 |
768 |
1,048 |
663 |
958 |
964 |
940 |
1,278 |
1,820 |
1,170 |
1,374 |
Book Value per Share |
|
$11.08 |
$11.17 |
$11.22 |
$11.12 |
$11.42 |
$11.44 |
$11.59 |
$12.01 |
$11.94 |
$12.03 |
$12.31 |
Tangible Book Value per Share |
|
$10.36 |
$10.46 |
$10.51 |
$10.42 |
$10.73 |
$10.76 |
$10.91 |
$11.33 |
$11.26 |
$11.37 |
$11.65 |
Total Capital |
|
1,295 |
1,283 |
1,248 |
1,237 |
1,271 |
1,529 |
1,293 |
1,346 |
1,342 |
1,365 |
1,406 |
Total Debt |
|
130 |
92 |
43 |
29 |
19 |
263 |
5.47 |
2.68 |
0.00 |
0.00 |
0.00 |
Total Long-Term Debt |
|
130 |
92 |
43 |
29 |
19 |
263 |
5.47 |
2.68 |
0.00 |
0.00 |
0.00 |
Net Debt |
|
-994 |
-1,593 |
-1,196 |
-1,321 |
-1,275 |
-840 |
-964 |
-1,048 |
-977 |
-920 |
-774 |
Capital Expenditures (CapEx) |
|
15 |
16 |
16 |
16 |
11 |
12 |
13 |
12 |
17 |
13 |
91 |
Net Nonoperating Expense (NNE) |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Net Nonoperating Obligations (NNO) |
|
130 |
92 |
43 |
29 |
19 |
263 |
5.47 |
2.68 |
0.00 |
0.00 |
0.00 |
Total Depreciation and Amortization (D&A) |
|
-11 |
-12 |
-15 |
-13 |
-4.28 |
-6.16 |
-4.79 |
-2.95 |
4.19 |
-1.93 |
-0.25 |
Earnings Adjustments |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Adjusted Basic Earnings per Share |
|
$0.22 |
$0.13 |
$0.09 |
$0.05 |
$0.09 |
$0.11 |
$0.13 |
$0.13 |
$0.09 |
$0.10 |
$0.33 |
Adjusted Weighted Average Basic Shares Outstanding |
|
103.55M |
106.91M |
107.89M |
109.07M |
108.47M |
110.69M |
111.40M |
112.04M |
111.73M |
113.69M |
114.41M |
Adjusted Diluted Earnings per Share |
|
$0.26 |
$0.13 |
$0.09 |
$0.05 |
$0.09 |
$0.11 |
$0.13 |
$0.13 |
$0.08 |
$0.10 |
$0.33 |
Adjusted Weighted Average Diluted Shares Outstanding |
|
104.00M |
106.92M |
107.90M |
109.07M |
108.47M |
110.69M |
111.47M |
113.92M |
113.12M |
116.18M |
115.69M |
Adjusted Basic & Diluted Earnings per Share |
|
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
Adjusted Weighted Average Basic & Diluted Shares Outstanding |
|
106.57M |
107.47M |
108.69M |
109.65M |
110.41M |
111.12M |
111.82M |
112.40M |
113.38M |
114.20M |
114.74M |
Normalized Net Operating Profit after Tax (NOPAT) |
|
15 |
14 |
10 |
5.01 |
10 |
12 |
15 |
14 |
9.72 |
12 |
38 |
Normalized NOPAT Margin |
|
5.64% |
5.56% |
4.35% |
2.49% |
5.47% |
6.78% |
7.96% |
7.16% |
4.48% |
5.36% |
15.37% |
Pre Tax Income Margin |
|
8.05% |
7.25% |
6.36% |
4.15% |
7.37% |
9.15% |
10.37% |
8.92% |
5.11% |
7.21% |
21.73% |
Debt Service Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
EBIT to Interest Expense |
|
0.55 |
0.32 |
0.22 |
0.12 |
0.18 |
0.20 |
0.21 |
0.18 |
0.11 |
0.19 |
0.65 |
NOPAT to Interest Expense |
|
0.61 |
0.25 |
0.15 |
0.07 |
0.13 |
0.15 |
0.16 |
0.14 |
0.10 |
0.14 |
0.46 |
EBIT Less CapEx to Interest Expense |
|
0.16 |
0.03 |
-0.02 |
-0.11 |
0.03 |
0.06 |
0.07 |
0.06 |
-0.06 |
0.03 |
-0.44 |
NOPAT Less CapEx to Interest Expense |
|
0.23 |
-0.05 |
-0.08 |
-0.16 |
-0.01 |
0.01 |
0.02 |
0.02 |
-0.08 |
-0.02 |
-0.63 |
Payout Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Dividend Payout Ratio |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Augmented Payout Ratio |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Key Financial Trends
LendingClub (NYSE: LC) Financial Summary and Trends Analysis (Q2 2022 - Q2 2025)
LendingClub has demonstrated significant fluctuations in its financial performance over the past several years. Below is an analysis of key trends and data points based on quarterly income statements, cash flow statements, and balance sheets.
- Strong Net Income Growth in 2025: In Q2 2025, LendingClub reported a net income of approximately $38.2 million, a material increase from $11.7 million in Q1 2025 and significantly higher than levels seen in prior years (about $9.7 million in Q4 2024 and $14.5 million in Q3 2024), signaling improved profitability.
- Increase in Net Interest Income: Net interest income increased from $149.9 million in Q1 2025 to $154.2 million in Q2 2025, indicating growth in interest-earning assets or improved margins.
- Rising Investment Banking Income: Other non-interest income, particularly investment banking income, rose to $89.6 million in Q2 2025 from $65.6 million in Q1 2025, supporting overall revenue growth.
- Revenue Expansion: Total revenue increased sequentially to $248.4 million in Q2 2025, up from $217.7 million in Q1 2025 and generally higher than quarters in prior years, reflecting growing business activity.
- Loan Portfolio Growth: Loans and leases increased from roughly $4.22 billion in Q2 2024 to about $4.39 billion in Q2 2025, showing expansion in LendingClub’s core lending operations.
- Strong Equity Base and Controlled Leverage: Common equity has increased steadily, from approximately $1.08 billion in Q2 2022 to around $1.41 billion in Q2 2025, despite negative retained earnings, while total liabilities have grown from approximately $5.1 billion to $9.4 billion. This suggests the firm is scaling but maintaining capital adequacy.
- Improved Earnings Per Share (EPS): Diluted EPS increased noticeably from around $0.09–$0.13 in 2024 quarters to $0.33 in Q2 2025, indicating improved profitability on a per-share basis.
- Provision for Loan Losses Depreciation: Provision for loan losses remains significant (e.g., $39.7 million in Q2 2025) but has trended downward from a peak of about $66 million in early 2023, suggesting some stabilization in credit risk.
- Cash and Equivalents Fluctuations: Cash and due from banks have seen fluctuations, dropping to $18.4 million in Q2 2025 from higher levels in prior quarters, reflecting active capital deployment.
- High Operating Cash Outflows: Operating cash flows remain negative and sizable (-$713 million in Q2 2025), impacted largely by changes in operating assets and liabilities, mainly driven by loan portfolio growth and deposit changes.
- Negative Cash Flow from Operating Activities: Persistent negative cash flow from operations over multiple quarters (e.g., -$339 million in Q1 2025 and -$713 million in Q2 2025) highlights challenges in converting earnings to cash, potentially signaling liquidity pressures or working capital demands.
- High Interest Expense Pressure: Total interest expense remains elevated at around $82.8 million in Q2 2025, increasing from prior periods, which could pressure net income if interest income does not grow commensurately.
- Growing Deposit Liabilities: Interest-bearing deposits have increased significantly, reaching about $8.8 billion in Q2 2025 from $4.26 billion in Q2 2022. While supporting lending, this also adds to interest expense and funding cost pressure.
- Rising Non-Interest Expenses: Non-interest expenses including salaries, marketing, and depreciation climbed to $154.7 million in Q2 2025 from lower values in prior years, which could constrain operating leverage.
- Negative Retained Earnings and Accumulated OCI: Retained earnings remain negative (-$287.6 million in Q2 2025), indicating retained losses in past periods; accumulated other comprehensive income is also negative, suggesting some unrealized losses or adjustments affecting equity.
Summary: LendingClub has shown a positive trajectory in net income and revenue growth through early 2025, supported by rising interest and non-interest income. However, operating cash flows are heavily negative due to loan portfolio expansion and working capital shifts. Interest expense and non-interest expenses remain substantial, putting pressure on profitability. The company’s capital base has grown but with retained losses on the books. Investors should weigh strong income growth against cash flow challenges and rising funding costs.
08/09/25 01:23 AMAI Generated. May Contain Errors.