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LendingClub Corp LC

Financial Services Credit Services
LendingClub Corporation is a bank holding company. The Company operates its business, through its subsidiary, LendingClub Bank, National Association (LC Bank). LC Bank is the digital marketplace bank in the United States where members can access a range of financial products and services designed to help them pay less when borrowing and earn more when saving. It offers a suite of deposit and loan products through a smart, simple and rewarding digital experience. LC Bank retains loans and funds those loans directly with its own capital and deposits. LC Bank’s primary loan products include unsecured personal loans, secured auto refinance loans, and patient and education finance loans. LC Bank’s commercial lending business is primarily focused on small businesses, and it participates in the United States small business administration lending programs. LC Bank’s deposit business includes sourcing deposits directly from customers and from third-party marketing channels and deposit brokers.


NYSE:LC - Post by User

LendingClub Corp
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  • StimuliX
Comment by Stimulion Feb 26, 2015 10:32am
214 Views
Post# 23467633

RE:Earnings report tomorrow

RE:Earnings report tomorrowSurprise!!!!!!!!

What can explain this 14% plundge between closure on the 24th and opening on the 25th? After hour trading, they call it! But where is these nightbirds' logic??? How come some investors are allowed to trade during off hours? That again stinks!
If, among many others, news like «Operating revenue in the fourth quarter of 2014 was $69.6 million, compared to $33.5 million in the same period last year, an increase of 108% year-over-year. Operating revenue as a percent of originations, known as our "revenue yield", in the fourth quarter was 4.92%, up from 4.79% in the prior year.» are NOT good news, then what are????

A drop in the s/p is totally unexplainable to me. Anyone out there to help me get the joke? 
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