Lending Club Reports Fourth Quarter and Full Year 2015 Results and Announces $150 Million Share Buyback

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Go back to Lending Club Reports Fourth Quarter and Full Year 2015 Results and Announces $150 Million Share Buyback

LendingClub (LC) Tops Q4 EPS by 1c; Approves $150M Common Stock Buyback

February 11, 2016 7:36 AM EST

LendingClub (NYSE: LC) reported Q4 EPS of $0.05, $0.01 better than the analyst estimate of $0.04. Revenue for the quarter came in at $134.5 million versus the consensus estimate of $130.6 million.

As of December 31, 2015, cash, cash equivalents and securities available for sale totaled $921 million, with no... More