| Which Fintech Stock Should You be Targeting? |
Lesser-known Uruguayan fintech stock dLocal Ltd (NASDAQ:DLO) is one of the best stocks on Wall Street today, last seen up 13.4% to trade at $11.59. |
schaeffersresearch.com |
2025-05-15 17:57:14 |
Czytaj oryginał (ang.) |
| LendingClub: Lowering Price Target But Reiterating Buy |
LendingClub delivered solid 1Q25 results, beating revenue estimates but missing EPS due to higher-than-expected credit provisioning, resulting from the ongoing tariff saga. Despite some broader concerns about a looming recession/stagflation, the capital markets appear to be on solid footing. I am lowering earnings estimates, but still expect strong EPS growth this year and in 2026. |
seekingalpha.com |
2025-05-15 10:17:07 |
Czytaj oryginał (ang.) |
| This Account Pays 4.55% APY -- Is It the Best Deal in May 2025? |
KEY POINTS United Fidelity Bank is offering a 6-month CD with a 4.55% APY.CD rates are already dropping at several banks, making now the time to lock in a CD.Find the CD rate and term length that makes the most sense for you. If you're looking to lock in a high APY on a certificate of deposit (CD), now may be the time.After years of high rates, a number of banks have quietly reduced their CD yields over the last few weeks. That's because the Federal Reserve is expected to lower interest rates later this year -- possibly as soon as June. That means you should lock in a CD sooner rather than later if you're interested.Right now, United Fidelity Bank is offering the highest return that we've found -- a 6-month CD that pays 4.55% APY. But how do you know when you've found the right CD rate and term length for you? (function(){function c(){var b=a.contentDocument||a.contentWindow.document;if(b){var d=b.createElement('script');d.innerHTML="window.__CF$cv$params={r:'93eaf5e5ce15230c',t:'MTc0NzA2Mzg2MC4wMDAwMDA='};var a=document.createElement('script');a.nonce='';a.src='/cdn-cgi/challenge-platform/scripts/jsd/main.js';document.getElementsByTagName('head')[0].appendChild(a);";b.getElementsByTagName('head')[0].appendChild(d)}}if(document.body){var a=document.createElement('iframe');a.height=1;a.width=1;a.style.position='absolute';a.style.top=0;a.style.left=0;a.style.border='none';a.style.visibility='hidden';document.body.appendChild(a);if('loading'!==document.readyState)c();else if(window.addEventListener)document.addEventListener('DOMContentLoaded',c);else{var e=document.onreadystatechange||function(){};document.onreadystatechange=function(b){e(b);'loading'!==document.readyState&&(document.onreadystatechange=e,c())}}}})();Why CD rates may be falling soonCD rates often track closely with the federal funds rate, overseen by the Federal Reserve. Even before the Fed officially announces a cut, banks might begin decreasing their own rates in anticipation. So if you're looking for high APY -- especially on a short-term CD -- locking in your rate now is the way to go. Our Picks for the Best High-Yield Savings Accounts of 2025 Product APY Min. to Earn Barclays Tiered Savings Member FDIC. APY 4.10% Rate info Circle with letter I in it. Balances less than $250,000 earn 4.10%, and balances greater than $250,000 earn 4.30%. Min. to earn $0 Open Account for Barclays Tiered Savings On Barclays' Secure Website. Member FDIC. 4.10% Rate info Circle with letter I in it. Balances less than $250,000 earn 4.10%, and balances greater than $250,000 earn 4.30%. $0 Open Account for Barclays Tiered Savings On Barclays' Secure Website. SoFi Checking and Savings Member FDIC. APY up to 3.80%² Rate info Circle with letter I in it. SoFi members who enroll in SoFi Plus with Eligible Direct Deposit or by paying the SoFi Plus Subscription Fee every 30 days or SoFi members with $5,000 or more in Qualifying Deposits during the 30-Day Evaluation Period can earn 3.80% annual percentage yield (APY) on savings balances (including Vaults) and 0.50% APY on checking balances. There is no minimum Eligible Direct Deposit amount required to qualify for the stated interest rate. Members without either SoFi Plus or Qualifying Deposits, during the 30-Day Evaluation Period will earn 1.00% APY on savings balances (including Vaults) and 0.50% APY on checking balances. Interest rates are variable and subject to change at any time. These rates are current as of 1/24/25. There is no minimum balance requirement. If you have satisfied Eligible Direct Deposit requirements for our highest APY but do not see 3.80% APY on your APY Details page the day after your Eligible Direct Deposit arrives, please contact us at 855-456-7634. Additional information can be found at http://www.sofi.com/legal/banking-rate-sheet. See the SoFi Plus Terms and Conditions at https://www.sofi.com/terms-of-use/#plus. Min. to earn $0 Open Account for SoFi Checking and Savings On SoFi's Secure Website. Member FDIC. up to 3.80%² Rate info Circle with letter I in it. SoFi members who enroll in SoFi Plus with Eligible Direct Deposit or by paying the SoFi Plus Subscription Fee every 30 days or SoFi members with $5,000 or more in Qualifying Deposits during the 30-Day Evaluation Period can earn 3.80% annual percentage yield (APY) on savings balances (including Vaults) and 0.50% APY on checking balances. There is no minimum Eligible Direct Deposit amount required to qualify for the stated interest rate. Members without either SoFi Plus or Qualifying Deposits, during the 30-Day Evaluation Period will earn 1.00% APY on savings balances (including Vaults) and 0.50% APY on checking balances. Interest rates are variable and subject to change at any time. These rates are current as of 1/24/25. There is no minimum balance requirement. If you have satisfied Eligible Direct Deposit requirements for our highest APY but do not see 3.80% APY on your APY Details page the day after your Eligible Direct Deposit arrives, please contact us at 855-456-7634. Additional information can be found at http://www.sofi.com/legal/banking-rate-sheet. See the SoFi Plus Terms and Conditions at https://www.sofi.com/terms-of-use/#plus. $0 Open Account for SoFi Checking and Savings On SoFi's Secure Website. Capital One 360 Performance Savings Member FDIC. APY 3.60% Rate info Circle with letter I in it. See Capital One website for most up-to-date rates. Advertised Annual Percentage Yield (APY) is variable and accurate as of April 8, 2025. Rates are subject to change at any time before or after account opening. Min. to earn $0 Open Account for Capital One 360 Performance Savings On Capital One's Secure Website. Member FDIC. 3.60% Rate info Circle with letter I in it. See Capital One website for most up-to-date rates. Advertised Annual Percentage Yield (APY) is variable and accurate as of April 8, 2025. Rates are subject to change at any time before or after account opening. $0 Open Account for Capital One 360 Performance Savings On Capital One's Secure Website. Disclaimers SoFi disclosure:¹ New and existing Checking and Savings members who have not previously enrolled in Direct Deposit with SoFi are eligible to earn a cash bonus of either $50 (with at least $1,000 total Eligible Direct Deposits received during the Direct Deposit Bonus Period) OR $300 (with at least $5,000 total Eligible Direct Deposits received during the Direct Deposit Bonus Period). Cash bonus will be based on the total amount of Eligible Direct Deposit. If you have satisfied the Eligible Direct Deposit requirements but have not received a cash bonus in your Checking account, please contact us at 855-456-7634 with the details of your Eligible Direct Deposit. Direct Deposit Promotion begins on 12/7/2023 and will be available through 1/31/2026. Full terms at sofi.com/banking. SoFi Checking and Savings is offered through SoFi Bank, N.A., Member FDIC. SoFi members with Eligible Direct Deposit can earn 3.80% annual percentage yield (APY) on savings balances (including Vaults) and 0.50% APY on checking balances. There is no minimum Eligible Direct Deposit amount required to qualify for the 3.80% APY for savings (including Vaults). Members without Eligible Direct Deposit will earn 1.00% APY on savings balances (including Vaults) and 0.50% APY on checking balances. Interest rates are variable and subject to change at any time. These rates are current as of 1/24/25. There is no minimum balance requirement. Additional information can be found at http://www.sofi.com/legal/banking-rate-sheet.² SoFi members who enroll in SoFi Plus with Eligible Direct Deposit or by paying the SoFi Plus Subscription Fee every 30 days or SoFi members with $5,000 or more in Qualifying Deposits during the 30-Day Evaluation Period can earn 3.80% annual percentage yield (APY) on savings balances (including Vaults) and 0.50% APY on checking balances. There is no minimum Eligible Direct Deposit amount required to qualify for the stated interest rate. Members without either SoFi Plus or Qualifying Deposits, during the 30-Day Evaluation Period will earn 1.00% APY on savings balances (including Vaults) and 0.50% APY on checking balances. Interest rates are variable and subject to change at any time. These rates are current as of 1/24/25. There is no minimum balance requirement. If you have satisfied Eligible Direct Deposit requirements for our highest APY but do not see 3.80% APY on your APY Details page the day after your Eligible Direct Deposit arrives, please contact us at 855-456-7634. Additional information can be found at http://www.sofi.com/legal/banking-rate-sheet. See the SoFi Plus Terms and Conditions at https://www.sofi.com/terms-of-use/#plus.³ We do not charge any account, service or maintenance fees for SoFi Checking and Savings. We do charge a transaction fee to process each outgoing wire transfer. SoFi does not charge a fee for incoming wire transfers, however the sending bank may charge a fee. Our fee policy is subject to change at any time. See the SoFi Checking & Savings Fee Sheet for details at sofi.com/legal/banking-fees/.⁴ SoFi Bank is a member FDIC and does not provide more than $250,000 of FDIC insurance per depositor per legal category of account ownership, as described in the FDIC’s regulations.Any additional FDIC insurance is provided by the SoFi Insured Deposit Program. Deposits may be insured up to $3M through participation in the program. See full terms at SoFi.com/banking/fdic/sidpterms. See list of participating banks at SoFi.com/banking/fdic/participatingbanks.⁵ We’ve partnered with Allpoint to provide you with ATM access at any of the 55,000+ ATMs within the Allpoint network. You will not be charged a fee when using an in-network ATM, however, third-party fees incurred when using out-of-network ATMs are not subject to reimbursement. SoFi’s ATM policies are subject to change at our discretion at any time.⁶ Early access to direct deposit funds is based on the timing in which we receive notice of impending payment from the Federal Reserve, which is typically up to two days before the scheduled payment date, but may vary.⁷ Overdraft Coverage is limited to $50 on debit card purchases only and is an account benefit available to customers with Eligible Direct Deposits of $1,000 or more during the current 30-day Evaluation Period as determined by SoFi Bank, N.A. The 30-Day Evaluation Period refers to the “Start Date” and “End Date” set forth on the APY Details page of your account, which comprises a period of 30 calendar days (the “30-Day Evaluation Period”). You can access the APY Details page at any time by logging into your SoFi account on the SoFi mobile app or SoFi website and selecting either (i) Banking > Savings > Current APY or (ii) Banking > Checking > Current APY. Members with a prior history of non-repayment of negative balances are ineligible for Overdraft Coverage. Another consideration of a shorter-term CD is that -- at the risk of stating the obvious -- it ends sooner, meaning you'll get a quicker return on your money. That could be good or bad, depending on how soon you need your money back and where rates go from here.Why a long-term CD might be a smarter moveShorter-term CDs are currently paying some of the highest yields, and United Fidelity Bank's 6-month term gives you a mix of earnings and flexibility. But it could also mean you miss out on more total value by going with a longer-term CD.For example, putting $5,000 into a 6-month CD that earns 4.55% APY would earn you $112.48 in interest. But if you put that same $5,000 into a 14-month LendingClub CD -- which currently earns 4.10% APY -- you'd get $239.97 in interest.The downside, of course, is that you have to lock up your money for twice as long. But you're also getting a comparable 4.10% APY -- a rate that might not be available when your shorter, 6-month CD ends. The same goes for something like high-yield savings accounts (HYSAs), which are offering comparable returns -- and more flexibility -- but can (and will) lower rates whenever they want.In short: If you want a faster return on your money, choose a shorter-term CD. But if you're okay locking up your cash for a year or more to earn more in total interest, a longer-term CD is the way to go.Ready to lock in your cash and start earning? Open a LendingClub CD with a minimum deposit of just $500 and get 4.10% APY for 14 months today.Should you wait or act now?If you're still holding out for higher CD rates, you're likely going to miss out. Many banks have already started pulling back, and the Fed's looming rate cuts mean better deals are unlikely for the time being.If you're still on the fence about locking away your money, look into an HYSA instead. Barclays Tiered Savings pays 4.10% APY on balances under $250,000 with no account minimums. Your rate won't be locked in, but you'll earn more interest until rates drop further, and your cash will be available to you at any time. Open a Barclays Tiered Savings account today. |
https://www.fool.com |
2025-05-12 15:31:01 |
Czytaj oryginał (ang.) |
| LendingClub: Already Pricing In Major Economic Weakness |
LendingClub Corporation beat Q1 '25 revenue estimates, but extra provision charges for potential macroeconomic weakness led to a slight EPS miss. The fintech plans to grow loan originations, aiming for up to $2.3 billion in Q2, with the potential to double quarterly originations based on TAM growth. LC stock, trading at $10, is undervalued trading below TBV and at only 7x '26 EPS targets. |
seekingalpha.com |
2025-04-30 14:22:07 |
Czytaj oryginał (ang.) |
| Compared to Estimates, LendingClub (LC) Q1 Earnings: A Look at Key Metrics |
The headline numbers for LendingClub (LC) give insight into how the company performed in the quarter ended March 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals. |
zacks.com |
2025-04-30 00:30:36 |
Czytaj oryginał (ang.) |
| LendingClub Corporation (LC) Q1 2025 Earnings Call Transcript |
LendingClub Corporation (NYSE:LC ) Q1 2025 Earnings Conference Call April 29, 2025 5:00 PM ET Company Participants Artem Nalivayko - Head, Investor Relations Scott Sanborn - Chief Executive Officer Drew LaBenne - Chief Financial Officer Conference Call Participants Bill Ryan - Seaport Research Partners Giuliano Bologna - Compass Point Vincent Caintic - BTIG Tim Switzer - KBW Crispin Love - Piper Sandler Operator Good afternoon. Thank you for attending today's LendingClub First Quarter '25 Earnings Conference Call. |
seekingalpha.com |
2025-04-29 23:50:37 |
Czytaj oryginał (ang.) |
| LendingClub (LC) Q1 Earnings Meet Estimates |
LendingClub (LC) came out with quarterly earnings of $0.10 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.11 per share a year ago. |
zacks.com |
2025-04-29 22:20:43 |
Czytaj oryginał (ang.) |
| LendingClub Acquires AI-Powered Spending Intelligence Platform |
Cushion's technology to complement and enhance LendingClub's suite of mobile financial products and experiences SAN FRANCISCO , April 29, 2025 /PRNewswire/ -- LendingClub Corporation (NYSE: LC), America's leading digital marketplace bank, today announced the acquisition of intellectual property and select talent behind Cushion, an AI-powered spending intelligence platform, providing a natural complement to LendingClub's suite of mobile financial products and experiences. Cushion's AI-powered technology ingests users' bank transactions and purchase information to help them track their bills, make on-time payments, manage subscriptions, build credit, and monitor buy now, pay later (BNPL) loans. |
prnewswire.com |
2025-04-29 20:10:00 |
Czytaj oryginał (ang.) |
| LendingClub Reports First Quarter 2025 Results |
Grew Originations +21%, Revenue +20%, and Total Assets +13% in First Quarter Compared to Prior Year Exceeded $100 Billion in Lifetime Originations SAN FRANCISCO , April 29, 2025 /PRNewswire/ -- LendingClub Corporation (NYSE: LC), the parent company of LendingClub Bank, America's leading digital marketplace bank, today announced financial results for the first quarter ended March 31, 2025. "We're off to a great start for 2025, growing total net revenue and originations more than 20% year over year to cross $100 billion in lifetime originations," said Scott Sanborn, LendingClub CEO. |
prnewswire.com |
2025-04-29 20:05:00 |
Czytaj oryginał (ang.) |
| LendingClub: Cheap For A Reason Or A Mispriced FinTech? |
LendingClub is one of the oldest publicly traded FinTechs around, with a banking charter to boot, lowering deposit costs in comparison to its FinTech peers. The company and its peers have seen significant volatility since the COVID and stimulus years, with the macro and rate environment looking equally unpredictable today. LendingClub is trading at 0.86x book value, but at a rather meagre 2.9% ROE in the last quarter, with unimpressive growth in originations and stiff competition in the lending space. |
seekingalpha.com |
2025-04-23 09:39:24 |
Czytaj oryginał (ang.) |
| LendingClub Agrees to Purchase Headquarters Property in San Francisco to Support Growth, Reinforcing Bay Area Commitment |
SAN FRANCISCO , April 17, 2025 /PRNewswire/ -- LendingClub Corporation (NYSE: LC), the parent company of LendingClub Bank, America's leading digital marketplace bank, today announced it has entered into a definitive agreement to acquire a 233,887 square foot property located at 88 Kearny Street in San Francisco for $74.5 million. The property, which will serve as the company's headquarters beginning in Spring 2026, leverages the bank's balance sheet to purchase an attractive asset that has the potential to appreciate in value over time. |
prnewswire.com |
2025-04-17 20:05:00 |
Czytaj oryginał (ang.) |
| LendingClub Schedules First Quarter 2025 Earnings Release and Conference Call |
SAN FRANCISCO , April 7, 2025 /PRNewswire/ -- LendingClub Corporation (NYSE: LC), the parent company of LendingClub Bank, America's leading digital marketplace bank, announced that it will report earnings for the first quarter of 2025 after market closes on Tuesday, April 29, 2025. LendingClub will host a conference call to discuss the first quarter 2025 financial results at 2:00 p.m. |
prnewswire.com |
2025-04-07 20:45:00 |
Czytaj oryginał (ang.) |
| Power Ranking Our Top Stock Picks of 2025 |
Subscribers to Chart of the Week received this commentary on Sunday, March 30. |
schaeffersresearch.com |
2025-04-01 14:47:18 |
Czytaj oryginał (ang.) |
| Down 75% From 2021 Highs, History Says This Fintech Could Rocket Again |
Financial stocks are particularly interesting right now. In the span of just five years, the sector has been battered by the COVID-19 downturn, rising interest rates, and the bankruptcies of several regional banks. |
fool.com |
2025-03-02 14:30:00 |
Czytaj oryginał (ang.) |
| LendingClub: Lowering 2026 Estimates And Reiterating Buy |
LendingClub reported solid 4Q24 earnings, but guidance came in below expectations, causing the stock to sell off after earnings. Management recently announced it received an investment grade rating on the senior note of its structured certificates, enabling the company to sell these notes to insurance companies. Selling the senior notes to insurance companies should lead to better pricing on loan sales. |
seekingalpha.com |
2025-02-20 12:06:39 |
Czytaj oryginał (ang.) |
| Compared to Estimates, LendingClub (LC) Q4 Earnings: A Look at Key Metrics |
While the top- and bottom-line numbers for LendingClub (LC) give a sense of how the business performed in the quarter ended December 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values. |
zacks.com |
2025-02-14 12:31:22 |
Czytaj oryginał (ang.) |
| LendingClub Secures Investment Grade Rating from Fitch on $100 Million Structured Loan Certificates (SLCLC) Transaction with a Top Global Insurance Company |
SAN FRANCISCO , Feb. 13, 2025 /PRNewswire/ -- LendingClub Corporation (NYSE: LC), the parent company of LendingClub Bank, America's leading digital marketplace bank, today closed on a $100 million LendingClub Structured Loan Certificates (SLCLC) program transaction where it secured an investment grade rating from Fitch Ratings, Inc. (Fitch) on the series notes and gained participation from a top global insurance company. "Securing an investment grade rating from Fitch for our first rated SLCLC series speaks to our credit stewardship and commitment to strong returns for our loan investors," said Scott Sanborn, LendingClub CEO. |
prnewswire.com |
2025-02-13 18:05:00 |
Czytaj oryginał (ang.) |
| This Fintech Sold Off Hard After Earnings, But It's Primed For A Big 2025 |
Popular market analyst Tom Lee of Fundstrat recently called the financial sector his favorite investment for 2025. |
fool.com |
2025-02-10 07:30:00 |
Czytaj oryginał (ang.) |
| LendingClub: Remaining Bullish After Mixed Update |
LendingClub's stock fell 20% post-earnings due to mixed results and guidance, presenting a buying opportunity for long-term investors. Despite concerns over loan origination growth, LC focuses on high credit quality and prudent growth, aiming for >$2.3 billion in 2025. Valuation remains low, and if 2025 guidance is conservative, the stock could see significant upside, currently trading at ~1.2x book value. |
seekingalpha.com |
2025-02-09 22:47:08 |
Czytaj oryginał (ang.) |
| LendingClub: Not The Destination |
LendingClub disappointed the market with conservative guidance for 2025. The fintech's potential remains high, with plans to double loan originations over time and expand into new investment products, including a rated structured certificate program. LC stock is attractive at less than 10x peak earnings potential, but patience is required for full growth realization. |
seekingalpha.com |
2025-01-30 09:30:00 |
Czytaj oryginał (ang.) |
| LendingClub (LC) is a Great Momentum Stock: Should You Buy? |
Does LendingClub (LC) have what it takes to be a top stock pick for momentum investors? Let's find out. |
zacks.com |
2025-01-29 15:01:09 |
Czytaj oryginał (ang.) |
| Manhattan Associates, LendingClub And Other Big Stocks Moving Lower In Wednesday's Pre-Market Session |
U.S. stock futures were mixed this morning, with the Nasdaq futures gaining around 0.4% on Wednesday. |
benzinga.com |
2025-01-29 10:44:11 |
Czytaj oryginał (ang.) |
| LendingClub Had a Fine Quarter. Why the Stock Is Falling 21%. |
The web-based lending company's quarterly revenue beat Wall Street estimates. |
barrons.com |
2025-01-29 09:46:00 |
Czytaj oryginał (ang.) |
| LendingClub Shares Plummet as Loan Originations Slow |
LendingClub's latest quarterly results, released Tuesday (Jan. 28), indicated growth across several key metrics, including loan originations and deposits through its digital banking arm, and some improving credit metrics. However, in some cases, growth decelerated in the final quarter of the year, and forward-looking guidance helped send shares down 23% after hours on Tuesday. |
pymnts.com |
2025-01-28 23:11:54 |
Czytaj oryginał (ang.) |
| LendingClub Corporation (LC) Q4 2024 Earnings Call Transcript |
LendingClub Corporation (NYSE:LC ) Q4 2024 Earnings Conference Call January 28, 2025 5:00 PM ET Company Participants Artem Nalivayko - IR Scott Sanborn - CEO Drew LaBenne - CFO Conference Call Participants Vincent Caintic - BTIG Brad Capuzzi - Piper Sandler Tim Switzer - KBW Giuliano Bologna - Compass Bill Ryan - Seaport Research Partners John Hecht - Jefferies Reggie Smith - JPMorgan Operator Good afternoon. Thank you for attending today's LendingClub Fourth Quarter ‘24 Earnings Conference Call. |
seekingalpha.com |
2025-01-28 22:45:00 |
Czytaj oryginał (ang.) |
| LendingClub (LC) Surpasses Q4 Earnings and Revenue Estimates |
LendingClub (LC) came out with quarterly earnings of $0.11 per share, beating the Zacks Consensus Estimate of $0.10 per share. This compares to earnings of $0.09 per share a year ago. |
zacks.com |
2025-01-28 20:36:25 |
Czytaj oryginał (ang.) |
| LendingClub Reports Fourth Quarter and Full Year 2024 Results |
Grew Originations +13%, Revenue +17%, and Total Assets +20% in Fourth Quarter Compared to Prior Year Executed $400 Million Loan Sale out of the Held-for-Sale Portfolio to a New Bank Buyer SAN FRANCISCO , Jan. 28, 2025 /PRNewswire/ -- LendingClub Corporation (NYSE: LC), the parent company of LendingClub Bank, America's leading digital marketplace bank, today announced financial results for the fourth quarter and full year ended December 31, 2024. "We executed well in 2024, exiting the year with growth in originations, continued credit outperformance, successful new products and experiences, and more than five million members," said Scott Sanborn, LendingClub CEO. |
prnewswire.com |
2025-01-28 18:06:00 |
Czytaj oryginał (ang.) |
| LendingClub Set to Report Q4 Earnings: What's in Store for LC? |
An improvement in the top line, driven by the expected rise in interest-earning assets and other revenue components to aid LC's Q4 earnings. |
zacks.com |
2025-01-24 10:41:21 |
Czytaj oryginał (ang.) |
| Initiating Buy On LendingClub: Lower Interest Rates And Excess Capital Present Opportunity |
Since acquiring Radius Bank in 2021, LendingClub's stock has been volatile. The high interest rate environment proved challenging, but the company has begun to turn the corner thanks to a more stable rate environment and the potential for further interest rate cuts. LendingClub can grow earnings significantly in 2025/2026 as loan originations ramp and bank buyers return to the marketplace. |
seekingalpha.com |
2025-01-21 15:25:06 |
Czytaj oryginał (ang.) |
| LendingClub Schedules Fourth Quarter and Full Year 2024 Earnings Release and Conference Call |
SAN FRANCISCO , Jan. 9, 2025 /PRNewswire/ -- LendingClub Corporation (NYSE: LC), the parent company of LendingClub Bank, America's leading digital marketplace bank, announced that it will report earnings for the fourth quarter and full year 2024 after market closes on Tuesday, January 28, 2025. LendingClub will host a conference call to discuss the fourth quarter and full year 2024 financial results at 2:00 p.m. |
prnewswire.com |
2025-01-09 18:10:00 |
Czytaj oryginał (ang.) |
| LendingClub: Joining The Club For 2025 |
LendingClub remains an attractive investment due to significant growth opportunities, strong execution, and a valuation below historical norms, despite a strong 2024 performance. The company has evolved from a P2P lender to a mature financial institution, offering diverse loan products across personal, business, auto, and banking services. LendingClub's focus on consumer education and innovative solutions like DebtIQ and Tally positions it to capitalize on rising credit card debt and high interest rates. |
seekingalpha.com |
2025-01-05 16:27:04 |
Czytaj oryginał (ang.) |
| Here's why the LendingClub stock price may surge 53% soon |
LendingClub stock price recovered strongly after bottoming at $4.90 in 2023 as concerns about its viability continued. LC has soared to $17.50, its highest level since February 2022, bringing its market cap to over $1.97 billion. |
invezz.com |
2025-01-05 02:28:26 |
Czytaj oryginał (ang.) |
| Big Money Joins the LendingClub |
LendingClub Corp. (LC) is strategically growing its customer base and profits. |
fxempire.com |
2024-12-24 17:17:22 |
Czytaj oryginał (ang.) |
| LendingClub: The Historic Debt Consolidation Opportunity Has Just Started |
I believe the 750 bps spread between credit card rates and personal loan rates will drive continued demand for debt consolidation loans, leading to double-digit origination fee growth in 2025. The 75 bps Fed's rate cuts have made the returns on LendingClub's loans significantly more attractive than US Treasuries, increasing demand from banks and asset managers. Despite a 73% rally, I find LendingClub's P/B ratio of 1.48 remains undervalued relative to its 2021 highs and industry peers. |
seekingalpha.com |
2024-12-19 03:03:30 |
Czytaj oryginał (ang.) |
| LendingClub (LC) Surges 8.2%: Is This an Indication of Further Gains? |
LendingClub (LC) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term. |
zacks.com |
2024-12-17 16:00:32 |
Czytaj oryginał (ang.) |
| LendingClub: Too Early To Downgrade |
LendingClub was downgraded by an analyst after the stock had seen a big rally in the last few months. The fintech has built a larger business set to top the peak results from 2022 prior to the interest rate cuts reduced the capital for investing in personal loans. The stock is cheap at 10x normalized EPS with substantial upside from a larger market now. |
seekingalpha.com |
2024-12-04 16:34:30 |
Czytaj oryginał (ang.) |
| All You Need to Know About LendingClub (LC) Rating Upgrade to Buy |
LendingClub (LC) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term. |
zacks.com |
2024-11-21 15:00:33 |
Czytaj oryginał (ang.) |
| Caught in a Loop: More Americans Are Unwittingly Ending Up on a Hamster Wheel of Credit Card Debt |
Americans Swipe for Rewards and Convenience, But 40% Find Credit Card Debt is Taking a Toll on Their Mental Health SAN FRANCISCO , Nov. 19, 2024 /PRNewswire/ -- Most Americans are drawn to credit cards for convenience, credit building, or rewards with every intention to pay their balance in full every month. However, life happens and nearly half of cardholders end up carrying a balance, today paying historically high interest rates on a loan they have trouble understanding and that they never intended to take. |
prnewswire.com |
2024-11-19 11:00:00 |
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| SoFi Technologies (SOFI) Price Prediction and Forecast 2025-2030 |
SoFi Technologies (NASDAQ: SOFI) made its public debut on June 1, 2021, through a merger with a special purpose acquisition company (SPAC), Social Capital Hedsophia Holding Corp. V, led by Chamath Palihapitiya. Before the merger, the company was originally known as Social Finance, which started as a student loan financing firm before expanding into loans, and mortgage products among other finance products. After the SPAC acquisition, SoFi was equipped with substantial capital to enhance its technology stack to better scale its 2020 acquisition of Galileo. The Galileo platform was developed to deploy a wide range of financial services quickly, giving SoFi the tools to take numerous financial products to a mass market. SoFi IPO’d at $10 per share and quickly jumped 150%, but the stock has been lackluster since, now trading at $13.63 per share, down 47.13%. However, investors only care about what happens from this point on, particularly over the next 1, 3, and 5 years and beyond. Let’s crunch the numbers and give you our best guess on SoFi’s future share price. No one has a crystal ball and even the Wall Street “experts” are often wrong more than they are right in predicting future stock prices. But we give you our revenue and earnings projections as our peer-to-peer valuation. Key Points in this Article: SoFi Technologies is a premier online financial solutions platform targeting a more affluent demographic. 24/7 Wall Street projects a 28.83% upside on the stock through the end of the decade. If you’re looking for a megatrend with massive potential, make sure to grab a complimentary copy of our “The Next NVIDIA” report. The report includes a complete industry map of AI investments that includes many small caps. Recent SoFi Stock Updates and News 11/18/2024 SoFi is seeing significant options trading activity today, with 278,208 options contracts traded so far. This represents 27.8 million shares of SoFi stock, equivalent to the stock’s average daily trading volume over the past month. The $14 call option expiring on November 22nd has been particularly active, with 17,563 contracts traded, representing 1.8 million shares. 11/15/2024 SoFi’s stock declined slightly today, trading as low as $13.08. Trading volume was also lower than average. 11/14/2024 SoFi has announced that the company’s CFO, Chris Lapointe, will participate in a fireside chat discussion during the upcoming UBS Global Technology and AI Conference on December 3rd. 11/12/2024 SoFi is modifying its robo-advisor, which will now feature an annual fee. The annual fee, which kicks in on December 10th, is designed to cover the costs of managing and maintaining the platform, as well as providing access to a team of financial advisors. 11/11/2024 SoFi’s shares increased today 8.46%, marking the fifth consecutive trading day of gains. In the past month, SoFi’s stock has increased 57%. 11/8/2024 SoFi’s stock price increased by 4.6% today, reaching a high of $12.45. Trading volume, however, was much lower than average. 11/7/2024 SoFi saw a modern 1.5% increase in its share price today, reaching a high of $12.10. Trading volume was significantly lower than average, with only 12 million shares changing hands. 11/6/2024 SoFi’s shares rose 3% today following the U.S. presidential election. 11/5/2024 SoFi’s stock price increased 5.3% today, trading as high as $11.52. 11/1/2024 Despite beating analyst estimates for both earnings and revenue in the third quarter, SoFi’s stock price initially fell. However, recently the stock price surged, possibly due to investor confusion. SoFi Financials’ Recent Stock Record Here’s a table summarizing performance in share price, revenue, and profits (net income) from IPO. Share Price Revenue Net Income 2021 $12.50 $977.3 ($483.9) 2022 $15.81 $1,519.2 ($320.4) 2023 $4.62 $2,067.8 ($300.7) 2024 LTM $8.22 $2,343.5 ($113.3) *Revenue and Net Income in millions In the last 4 years, SoFi has more than doubled revenue but that top-line growth also carried a jump in total operating costs, particularly the $720 million in sales and marketing expense in 2023. However, the increases in operating costs are money well spent with in-house technology improvements and member-generating marketing spending. Chart Source: YCharts SoFi is close to hitting an inflection point in profitability and has done a stellar job of expanding revenue and improving earnings per share (EPS). As SoFi’s revenue grows, it becomes more profitable, meaning its costs per customer decrease. This scalability is important because it indicates that as the company grows, it will become even more profitable. Given that the industry is growing and SoFi is outperforming its peers, there’s strong optimism that SoFi’s earnings per share will continue to rise. Key Drivers of SoFi’s Stock Performance Expansion Financial Services: SoFi’s ambition to become a one-stop shop for financial services will likely drive future growth. The company plans to continue expanding its product lineup, including new lending products, investment options, and insurance services, which will cater to a broader range of financial needs. Bank Charter and Deposit Base Expansion: Obtaining a national banking charter allows SoFi to use its growing deposit base to fund lending operations more efficiently. This access to lower-cost funds is expected to drive net interest income growth, enhancing profitability as SoFi scales its banking operations. Cross-Selling and Customer Retention: SoFi’s strategy of cross-selling its wide array of financial products aims to increase the average number of products per customer. This integrated approach is expected to improve customer retention and lifetime value, thereby boosting overall revenue and profitability. SoFi Technologies (SOFI) Stock 1-Year Price Prediction The Wall Street consensus 1-year price target for SoFi Technologies is $9.00, which is a -33.97% downside over today’s stock price. Of the 15 analysts covering the stock, the stock is a consensus “Hold” with a 2.88 rating. (1 being a “Strong Buy” and 5 a “Strong Sell”). SoFi’s Share Price Estimates 2025-2030 Year Est. Revenue ($B) Est. Net Income ($B) Est. EPS Normalized Price to Sales Multiple Est. Market Cap ($B) 2024 $2.47 $0.164 $0.08 3.5 $8.64 2025 $2.84 $0.32 $0.21 3.5 $9.94 2026 $3.45 $0.584 $0.43 3.5 $12.08 2027 $3.79 $0.707 $0.62 3.5 $13.27 2028 $4.33 $0.902 $0.83 3.5 $15.16 2029 $4.84 $1.096 $1.02 3.5 $16.94 2030 $5.34 $1.279 $1.10 3.5 $18.69 24/7 Wall Street compared other fintech/ lenders when deciding on our price-to-sales valuation of 3.5 times for the entire time frame of our analysis. Included in the analysis were Block (NYSE:SQ), PayPal (NASDAQ: PYPL), Upstart Holdings (NASDAQ: UPST), LendingClub (NYSE: LC), and Affirm (NASDAQ: AFRM) which gives us a blending valuation of around 3.3 times sales. How SoFi Technologies’ Next 5 Years Could Play Out We expect to see revenue growth of 15.3% and EPS of $0.21 for 2025. We expect the stock to still trade at a similar multiple next year, putting our estimate for the stock price for SoFi at $9.33 in 2025, which is -31.55% higher than the stock is trading today. Going into 2026, we estimate the price to be $11.35, with revenue growth coming in at 14.2% year-over-year. With an EPS of $0.43, this would represent a -16.73% loss over today’s share price of $13.63. Heading into 2027, we expect the stock price increase not to be as pronounced, with earnings estimates of $0.62 per share. The stock price target for the year is $12.46. That is a 9.81% increase from the previous year, but still down -8.58% from today’s stock price. When predicting more than 3 years out, we expect SoFi to remain growing its top line at 12% and be more efficient, with an EPS of $0.83 suggesting a stock price estimate at $14.23 or a gain of 4.40% over the current stock price. We expect SoFi to continue its growth and generate $1.02 per share of earnings. With a price-to-earnings multiple of 15, the stock price in 2029 is estimated at $15.9, or a gain of 16.65% over today’s price. SoFi Technologies Stock Price Target for 2030 We estimate SoFi’s stock price to be $17.56 per share with a 10% year-over-year revenue growth. Our estimated stock price will be 28.83% higher than the current stock price of $13.63. Year Price Target % Change From Current Price 2024 $8.11 Upside of -40.50% 2025 $9.33 Upside of -31.55% 2026 $11.35 Upside of -16.73% 2027 $12.46 Upside of -8.58% 2028 $14.23 Upside of 4.40% 2029 $15.90 Upside of 16.65% 2030 $17.56 Upside of 28.83% Take This Retirement Quiz To Get Matched With An Advisor Now (Sponsored) Are you ready for retirement? Planning for retirement can be overwhelming, that’s why it could be a good idea to speak to a fiduciary financial advisor about your goals today. Start by taking this retirement quiz right here from SmartAsset that will match you with up to 3 financial advisors that serve your area and beyond in 5 minutes. Smart Asset is now matching over 50,000 people a month. Click here now to get started. The post SoFi Technologies (SOFI) Price Prediction and Forecast 2025-2030 appeared first on 24/7 Wall St.. |
https://247wallst.com |
2024-11-19 06:01:43 |
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| LendingClub (LC) Is Up 5.98% in One Week: What You Should Know |
Does LendingClub (LC) have what it takes to be a top stock pick for momentum investors? Let's find out. |
zacks.com |
2024-11-14 15:00:43 |
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| This Small-Cap Stock Is Up 63% in 2024. Here's Why a Historic Opportunity Could Send It Even Higher. |
Consumers have racked up record credit card debt. Falling interest rates could benefit this company in a huge way. |
fool.com |
2024-11-05 08:15:00 |
Czytaj oryginał (ang.) |
| LendingClub (LC) Is Up 2.01% in One Week: What You Should Know |
Does LendingClub (LC) have what it takes to be a top stock pick for momentum investors? Let's find out. |
zacks.com |
2024-10-25 17:00:32 |
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| LendingClub Stock Is Soaring. Strong Earnings May Bode Well for SoFi and Affirm. |
J.P. Morgan analysts notes the lender's management says they are seeing bank partners return to the loan marketplace for the first time in about six quarters. |
barrons.com |
2024-10-24 15:33:00 |
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| LendingClub Q3 Earnings: A Turnaround Stock As Interest Rates Decline (Upgrade) |
I believe LendingClub's Q3 2024 earnings report was a solid, and the market rewarded it with a 6% increase in its share price. The company is capitalizing on favorable market conditions with consistent loan origination growth and a strategic $1.3 billion loan portfolio acquisition. I am confident that LendingClub's strong loan origination growth, recent loan portfolio acquisition, and improved return on assets make it well-positioned for a turnaround. |
seekingalpha.com |
2024-10-24 13:03:23 |
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| LendingClub Loan Originations Surge 27% as Consumers Look to Consolidate Debt |
LendingClub's latest quarterly results show an acceleration of loan originations, and banks have moved back to the company's platform as consumers look for ways to consolidate and pay down debt — particularly credit card debt. The company's earnings supplementals indicated that loan originations were up 6% sequentially to $1. |
pymnts.com |
2024-10-24 01:39:12 |
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| LendingClub Corporation (LC) Q3 2024 Earnings Call Transcript |
LendingClub Corporation (NYSE:LC ) Q3 2024 Earnings Conference Call October 23, 2024 5:00 PM ET Company Participants Artem Nalivayko - Head, IR Scott Sanborn - CEO Drew LaBenne - CFO Conference Call Participants Tim Switzer - KBW Vincent Caintic - BTIG Giuliano Bologna - Compass Point John Hecht - Jefferies Brad Capuzzi - Piper Sandler Reggie Smith - JP Morgan Operator Good afternoon. Thank you for attending today's LendingClub Third Quarter 2024 Earnings Conference Call. |
seekingalpha.com |
2024-10-24 01:11:09 |
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| LendingClub (LC) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates |
The headline numbers for LendingClub (LC) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals. |
zacks.com |
2024-10-24 01:01:11 |
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| LendingClub (LC) Beats Q3 Earnings and Revenue Estimates |
LendingClub (LC) came out with quarterly earnings of $0.13 per share, beating the Zacks Consensus Estimate of $0.07 per share. This compares to earnings of $0.05 per share a year ago. |
zacks.com |
2024-10-23 22:21:16 |
Czytaj oryginał (ang.) |
| LendingClub Reports Third Quarter 2024 Results |
Originations and Revenue Growth Supported by Return of Bank Buyers Total Assets Grew 25% Year to Date Driven by $1.3 Billion Purchase of LendingClub Loans Acquired Tally's Technology in October to Accelerate Product Roadmap SAN FRANCISCO , Oct. 23, 2024 /PRNewswire/ -- LendingClub Corporation (NYSE: LC), the parent company of LendingClub Bank, America's leading digital marketplace bank, today announced financial results for the third quarter ended September 30, 2024. "We had a standout quarter, with credit outperformance and the return of bank buyers driving improved loan sales pricing, our capital strategy delivering a 25% larger balance sheet year to date, and strong financial performance translating to a meaningful improvement in book value per common share over the past 12 months," said Scott Sanborn, LendingClub CEO. |
prnewswire.com |
2024-10-23 20:06:00 |
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| LendingClub: Bullish Ahead Of Q3 Earnings |
Goldilocks macro backdrop provides tailwinds to LC's business model. Lower rates translate to higher marketplace volumes and margins. Asset Managers and Bank Investors are expected to come back to the platform en masse. |
seekingalpha.com |
2024-10-15 13:24:11 |
Czytaj oryginał (ang.) |
| LendingClub and Pagaya Acquire Tally's Credit Card Management Tech |
LendingClub and AI lending network Pagaya have acquired Tally Technologies' intellectual property. Tally, a FinTech that helped consumers manage credit card debt, closed its doors in August. |
pymnts.com |
2024-10-09 17:46:23 |
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