Lendingclub Corporation Intrinsic Value Calculator – Report from LendingClub Reveals Most US Credit Cardholders Living Paycheck to Paycheck
December 21, 2023
☀️Trending News
LENDINGCLUB ($NYSE:LC): A report from LendingClub Corporation has revealed that an alarming number of American credit card holders are living paycheck to paycheck. LendingClub is a financial technology platform that provides loan products and services to consumers and small businesses. It operates an online lending platform that enables borrowers to obtain unsecured personal loans, and small business loans.
This alarming report highlights the precarious nature of many American households’ financial security. It is clear that more needs to be done to provide economic support to those who are struggling and help them build a better financial future.
Price History
On Wednesday, LENDINGCLUB CORPORATION stock opened at $8.7 and closed at $8.5, down by 2.3% from the previous closing price of 8.7. This means that almost two thirds of credit cardholders are living a financially precarious lifestyle and are unable to cover all their expenses. The report adds to the existing concerns about the financial health of American households, as consumer debt continues to climb.
In addition, the report highlights the need for households to take steps to ensure financial security and stability. This could include reducing spending, budgeting more carefully, and exploring options such as consolidating debt or refinancing to get a lower interest rate. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Lendingclub Corporation. More…
| Total Revenues | Net Income | Net Margin |
| 926.48 | 52.38 | 5.7% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Lendingclub Corporation. More…
| Operations | Investing | Financing |
| -288.44 | -1.05k | 1.67k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Lendingclub Corporation. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 8.47k | 7.26k | 11.02 |
Key Ratios Snapshot
Some of the financial key ratios for Lendingclub Corporation are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 38.2% | – | – |
| FCF Margin | ROE | ROA |
| -37.9% | 3.2% | 0.5% |
Analysis – Lendingclub Corporation Intrinsic Value Calculator
At GoodWhale, we recently conducted an analysis of LENDINGCLUB CORPORATION‘s wellbeing. After careful consideration, our proprietary Valuation Line determined that the intrinsic value of the LENDINGCLUB CORPORATION’s share is around $18.4. Currently however, the stock is trading at a much lower price of $8.5, meaning the stock is currently undervalued by 53.7%. We believe that this presents a great opportunity for investors looking to get in on LENDINGCLUB CORPORATION at an attractive price. More…
Peers
LendingClub Corp and its competitors, Upstart Holdings Inc, BTCS Inc, and Weidai Ltd, are all vying for a share of the online lending market. LendingClub Corp is the largest of the four companies, with a market share of over 60%. The other three companies are much smaller, with Upstart Holdings Inc having the second largest market share at just under 10%. BTCS Inc and Weidai Ltd each have less than 5% of the market.
– Upstart Holdings Inc ($NASDAQ:UPST)
Upstart Holdings Inc is a financial technology company that uses artificial intelligence and machine learning to assess credit risk and price loans. The company has a market cap of 1.93B as of 2022 and a return on equity of 6.88%. Upstart Holdings Inc is a publicly traded company on the New York Stock Exchange and is headquartered in San Carlos, California.
– BTCS Inc ($NASDAQ:BTCS)
Bitcoin Services, Inc. is engaged in the digital currency and mining of bitcoin. The Company also provides software development and Information Technology (IT) services. It offers transaction processing services and enables customers to buy and sell bitcoin. The Company’s Other services include bitcoin escrow service, which acts as a neutral third party between buyers and sellers of goods and services; and mining pool, through which the Company processes and verifies bitcoin transactions. Bitcoin Services, Inc. is based in Los Angeles, California.
Summary
LendingClub Corporation is an online lending platform that provides borrowers with personal loans, business loans, and other financial services. This could be indicative of a future demand for personal loans, and LendingClub’s platform could be positioned to capture this opportunity. The company has made strides in their risk management practices, which could help mitigate the potential risks associated with offering such loans. All in all, LendingClub appears to be well-positioned to take advantage of the increasing demand for personal loans.
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