| LendingClub is an online lending marketplace connecting borrowers and investors. Co.'s subsidiary, LC Trust I (the Trust), acquires loans from Co. and holds them for the sole benefit of certain investors that have purchased trust certificates issued by the Trust that are related to underlying loans for the benefit of the investor. Co.'s subsidiary, Springstone Financial LLC, facilitates the origination of education and patient finance loans by third-party issuing banks. Also, Co.'s subsidiary, LendingClub Asset Management LLC, acts as the general partner for private funds. Co.'s lending marketplace facilitates Personal Loans, Auto Refinancing Loans, and Small Business Loans, among other. We show 20 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.