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Compared to Estimates, LendingClub (LC) Q1 Earnings: A Look at Key Metrics
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For the quarter ended March 2025, LendingClub (LC - Free Report) reported revenue of $217.71 million, up 20.5% over the same period last year. EPS came in at $0.10, compared to $0.11 in the year-ago quarter.
The reported revenue represents a surprise of +1.49% over the Zacks Consensus Estimate of $214.51 million. With the consensus EPS estimate being $0.10, the company has not delivered EPS surprise.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how LendingClub performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Net Interest Margin: 6% compared to the 5.5% average estimate based on two analysts.
Net charge-off ratio: 4.8% versus 4.9% estimated by two analysts on average.
Efficiency Ratio: 66.1% versus the two-analyst average estimate of 68.1%.
Average Balance - Total interest-earning assets: $10.04 billion versus the two-analyst average estimate of $10.51 billion.
Total Interest Income: $232.06 million versus $235.20 million estimated by five analysts on average.
Net Interest Income: $149.96 million compared to the $142.25 million average estimate based on four analysts.
Total Non-interest income: $67.75 million compared to the $72.62 million average estimate based on four analysts.
Non-Interest Income- Other non-interest income: $2.11 million compared to the $2.97 million average estimate based on four analysts.
Non-Interest Income- Marketplace revenue: $65.64 million versus $69.65 million estimated by four analysts on average.
Total Interest Income- Other interest income: $9.61 million compared to the $10.99 million average estimate based on two analysts.
Total Interest Income- Interest on loans held for sale: $21.81 million compared to the $24.93 million average estimate based on two analysts.
Total Interest Income- Interest on securities available for sale: $56.28 million versus the two-analyst average estimate of $57.99 million.
Shares of LendingClub have returned +6.4% over the past month versus the Zacks S&P 500 composite's -0.8% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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Compared to Estimates, LendingClub (LC) Q1 Earnings: A Look at Key Metrics
For the quarter ended March 2025, LendingClub (LC - Free Report) reported revenue of $217.71 million, up 20.5% over the same period last year. EPS came in at $0.10, compared to $0.11 in the year-ago quarter.
The reported revenue represents a surprise of +1.49% over the Zacks Consensus Estimate of $214.51 million. With the consensus EPS estimate being $0.10, the company has not delivered EPS surprise.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how LendingClub performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Net Interest Margin: 6% compared to the 5.5% average estimate based on two analysts.
- Net charge-off ratio: 4.8% versus 4.9% estimated by two analysts on average.
- Efficiency Ratio: 66.1% versus the two-analyst average estimate of 68.1%.
- Average Balance - Total interest-earning assets: $10.04 billion versus the two-analyst average estimate of $10.51 billion.
- Total Interest Income: $232.06 million versus $235.20 million estimated by five analysts on average.
- Net Interest Income: $149.96 million compared to the $142.25 million average estimate based on four analysts.
- Total Non-interest income: $67.75 million compared to the $72.62 million average estimate based on four analysts.
- Non-Interest Income- Other non-interest income: $2.11 million compared to the $2.97 million average estimate based on four analysts.
- Non-Interest Income- Marketplace revenue: $65.64 million versus $69.65 million estimated by four analysts on average.
- Total Interest Income- Other interest income: $9.61 million compared to the $10.99 million average estimate based on two analysts.
- Total Interest Income- Interest on loans held for sale: $21.81 million compared to the $24.93 million average estimate based on two analysts.
- Total Interest Income- Interest on securities available for sale: $56.28 million versus the two-analyst average estimate of $57.99 million.
View all Key Company Metrics for LendingClub here>>>Shares of LendingClub have returned +6.4% over the past month versus the Zacks S&P 500 composite's -0.8% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.