LendingClub beats Q4 revenue estimates

Overview

• Fintech lender's Q4 revenue rose 23%, beating analyst expectations

• Diluted EPS for Q4 more than quadrupled yr/yr

• Company entered home improvement financing and executed $11.9 mln stock buyback

Outlook

• Company expects Q1 2026 loan originations between $2.55 bln and $2.65 bln

• LendingClub projects full-year 2026 loan originations of $11.6 bln to $12.6 bln

• Company anticipates Q1 2026 diluted EPS between $0.34 and $0.39

Result Drivers

• LOAN ORIGINATIONS - 40% increase in loan originations driven by product and marketing initiatives

• CREDIT PERFORMANCE - Strong credit performance led to lower provision for credit losses

• HOME IMPROVEMENT FINANCING - Entry into home improvement financing creating new opportunities

Key Details

Analyst Coverage

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 11 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

• The average consensus recommendation for the consumer lending peer group is "buy"

• Wall Street's median 12-month price target for LendingClub Corp is $23.00, about 10.5% above its January 27 closing price of $20.81

• The stock recently traded at 13 times the next 12-month earnings vs. a P/E of 12 three months ago

Press Release: ID:nPn7NxJQLa

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