IB Net Payout Yields Model

LendingClub: Thriving Despite Headwinds

  • This idea was discussed in more depth with members of my private investing community, Out Fox The Street. Learn More » 

Update - Jan. 25

LendingClub reports after the close with focus on 2023 with the pre-announcement:

-The consensus EPS Estimate is $0.22
-The consensus Revenue Estimate is $258.37M (-1.5% Y/Y).

Original article was posted on Jan. 14

  • LendingClub reported preliminary Q4'22 numbers right on estimates.
  • The fintech reported disappointing loan originations to impact '23 numbers leading to an opportunistic workforce reduction of 14%.
  • The stock is cheap trading below TBV and at just 6x EPS targets for '22.
The current tough macroeconomic backdrop makes analyzing most equities very difficult. In the case of LendingClub (NYSE:LC), the fintech faces a hiccup in investor demand due to the rapidly rising interest rate environment impacting financing costs. My 

Read the full article on Seeking Alpha. 

Disclosure: Long LC. Please review the disclaimer page for more details. 


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