LendingClub Corporation (LC) financial statements (2021 and earlier)

Company profile

Business Address 595 MARKET STREET
SAN FRANCISCO, CA 94105
State of Incorp. DE
Fiscal Year End December 31
SIC 6141 - Personal Credit Institutions (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
3/31/2020
Q1
12/31/2019
Q4
9/30/2019
Q3
6/30/2019
Q2
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments525445338294244200335
Cash and cash equivalents525445338294244200335
Total current assets:525445338294244200335
Noncurrent Assets
Operating lease, right-of-use asset7476799193  
Property, plant and equipment97101107116114117120
Intangible assets, net (including goodwill)11121314151516
Intangible assets, net (excluding goodwill)11121314151516
Total noncurrent assets:182189199221222133136
Other undisclosed assets1,1561,3451,9152,2702,5162,7172,596
TOTAL ASSETS:1,8631,9792,4532,7852,9823,0503,067
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Noncurrent Liabilities
Other undisclosed liabilities1,1391,2461,7061,9882,0822,1622,193
Total liabilities:1,1391,2461,7061,9882,0822,1622,193
Stockholders' equity
Stockholders' equity attributable to parent724734746797900888874
Preferred stock 000   
Common stock1111111
Treasury stock, value    (20)(20)(19)
Additional paid in capital1,5081,4941,4781,4641,4681,4551,439
Accumulated other comprehensive income (loss)1(1)(8)(21)(1)11
Accumulated deficit(786)(760)(725)(647)(548)(549)(548)
Stockholders' equity attributable to noncontrolling interest      1
Total stockholders' equity:724734746797900888874
TOTAL LIABILITIES AND EQUITY:1,8631,9792,4532,7852,9823,0503,067

Income statement (P&L) ($ in millions)

12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
3/31/2020
Q1
12/31/2019
Q4
9/30/2019
Q3
6/30/2019
Q2
Net investment income33476169757893
Gross profit:767544120188205191
Operating expenses(103)(109)(122)(168)(188)(205)(202)
Operating income (loss):(27)(34)(78)(48)0(0)(11)
Interest and debt expense(27)(32)(38)(44)(49)(55)(67)
Other undisclosed income from continuing operations before equity method investments, income taxes27323844495567
Income (loss) from continuing operations before equity method investments, income taxes:(27)(34)(78)(48)0(0)(11)
Other undisclosed income (loss) from continuing operations before income taxes0   (0)  
Income (loss) from continuing operations before income taxes:(27)(34)(78)(48)0(0)(11)
Income tax expense (benefit)00 (0)(0)(0)0
Income (loss) before gain (loss) on sale of properties:(27)(34)(78)(48)0(0)(11)
Other undisclosed net income    0  
Net income (loss):(27)(34)(78)(48)0(0)(11)
Net income (loss) attributable to noncontrolling interest     0(0)
Other undisclosed net loss attributable to parent(0)      
Net income (loss) attributable to parent:(27)(34)(78)(48)0(0)(11)
Undistributed earnings (loss) allocated to participating securities, basic   (50)   
Net income (loss) available to common stockholders, diluted:(27)(34)(78)(98)0(0)(11)

Comprehensive Income ($ in millions)

12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
3/31/2020
Q1
12/31/2019
Q4
9/30/2019
Q3
6/30/2019
Q2
Net income (loss):(27)(34)(78)(48)0(0)(11)
Other comprehensive income (loss)3613(20)(1)(1)1
Other undisclosed comprehensive income (loss)(0)    0(0)
Comprehensive loss:(24)(28)(65)(68)(1)(1)(10)
Comprehensive income (loss), net of tax, attributable to noncontrolling interest    (0)0(0)
Comprehensive loss, net of tax, attributable to parent:(24)(28)(65)(68)(1)(1)(10)

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: