Lending Club (LC) Q4 Earnings Call

| By:


deBankedThe first company to bring platform lending into the public eye will release their 4th Quarter and 2014 earnings on Tuesday, February 24th at 5pm EST. Anyone can join the live webcast by clicking here. If not by a computer, you can also dial in by phone at 888-317-6003. Use conference ID 4117710 ten minutes prior to the start of the call.

Investor attitudes are likely to be affected by the outcome of OnDeck’s earnings. While the two companies have different models, they have generally followed the same ups and downs. Many investors are still not clear how they’re different. Lending Club earns fee income by servicing loans and is not exposed to the risk of the loans themselves. Some critics believe that puts them at odds with their platform lenders over the long term.

Lending Club has already experienced a low of $18.30 a share and a high of $29.29. It closed yesterday at $22.89.

Since going public a few months ago, they announced a partnership with Alibaba and Google.

Last modified: February 24, 2015
Sean Murray



Category: p2p lending, peer2peer lending

Home p2p lending, peer2peer lending › Lending Club (LC) Q4 Earnings Call


    Balboa Capital

    National Funding

    Splash Advance

    Forward Financing

    CFG Merchant Solutions

    Dedicated Financial GBC

    The Smarter Merchant

    Big Think Capital

    Wynwood Capital Group

    Symplifi Capital

    Fenix Capital Funding

    Spartan Capital

    BCCUSA

    IAC - In Advance Capital

    VitalCap

    Hunter Caroline

    Velocity Capital Group

    IOU Financial

    Smart Business Funding

    Paz Funding Source

    Arsenal

    Main Street Finance Group

    Total Merchant Resources

    SOS Capital

    BizFund

    Green Note Capital

    ROK Financial