LendingClub Corporation is the parent company of LendingClub Bank (LC Bank). Co. operates most of its business through LC Bank, as a lender and originator of loans and as a regulated bank in the U.S.. LC Bank is the digital marketplace bank in the U.S. where members can access a range of financial products and services designed to help them pay less when borrowing and earn more when saving. LC Bank holds 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 (Consumer Loans). We show 42 historical shares outstanding datapoints in our LC shares outstanding history coverage, used to compute LC market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing LC market cap history over the course of time is important for investors
interested in comparing LC's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of LC versus a peer is one thing; comparing
LC market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like LC can fluctuate over the course of history.
With this page we aim to empower investors researching LC by allowing them to research the LC market cap history. |
Free LC Email Alerts:
Video: The Importance of Market Cap
