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
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments525244373402516 
Cash and cash equivalents525244373402516 
Total current assets:525244373402516 
Noncurrent Assets
Operating lease, right-of-use asset7493
Property, plant and equipment9711411410289 
Intangible assets, net (including goodwill)1115185862 
Goodwill   3636 
Intangible assets, net (excluding goodwill)1115182226 
Total noncurrent assets:182222132159151 
Other undisclosed assets1,1562,5163,3154,0804,896 
TOTAL ASSETS:1,8632,9823,8204,6415,563 
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Deferred compensation liability    3 
Total current liabilities:    3 
Noncurrent Liabilities
Other undisclosed liabilities1,1392,0822,9493,7134,584 
Total liabilities:1,1392,0822,9493,7134,587 
Stockholders' equity
Stockholders' equity attributable to parent724900869922976 
Common stock11444 
Treasury stock, value (20)(19)(19)(19) 
Additional paid in capital1,5081,4681,4021,3271,226 
Accumulated other comprehensive income (loss)1(1)0(0)(1) 
Accumulated deficit(786)(548)(518)(389)(234) 
Stockholders' equity attributable to noncontrolling interest  25  
Total stockholders' equity:724900871928976 
TOTAL LIABILITIES AND EQUITY:1,8632,9823,8204,6415,563 

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

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Net investment income210345487611697 
Financial services revenue472423 
Gross profit:315759695575501 
Operating expenses(502)(789)(823)(728)(651) 
Operating loss:(188)(31)(128)(153)(150) 
Interest and debt expense(142)(247)(386)(571)(688) 
Other undisclosed income from continuing operations before equity method investments, income taxes142247386571688 
Loss from continuing operations before equity method investments, income taxes:(188)(31)(128)(153)(150) 
Other undisclosed income (loss) from continuing operations before income taxes0(0)(0)0  
Loss from continuing operations before income taxes:(188)(31)(128)(153)(150) 
Income tax expense (benefit)00(0)(1)4 
Loss before gain (loss) on sale of properties:(188)(31)(128)(154)(146) 
Other undisclosed net income (loss) 00(0)  
Net loss:(188)(31)(128)(154)(146) 
Net income (loss) attributable to noncontrolling interest (0)(0)0  
Other undisclosed net loss attributable to parent(0)     
Net loss available to common stockholders, diluted:(188)(31)(128)(154)(146) 

Comprehensive Income ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Net loss:(188)(31)(128)(154)(146) 
Other comprehensive income (loss)2(1)01  
Other undisclosed comprehensive income (loss)(0)(0)(0)0  
Comprehensive loss:(185)(31)(128)(153)(146) 
Comprehensive income (loss), net of tax, attributable to noncontrolling interest 0(0)(0)  
Other undisclosed comprehensive income, net of tax, attributable to parent    1 
Comprehensive loss, net of tax, attributable to parent:(185)(31)(128)(153)(145) 

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: