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Stock impact report

LendingClub Is Changing Its Name to Happen Bank, as It Makes Progress on Its Medium-Term Growth Plan. Is the Stock a Buy? [Yahoo! Finance]

LendingClub Corporation (LC) 
Last lendingclub corporation earnings: 2/18 04:06 pm Check Earnings Report
US:NYSE Investor Relations: ir.lendingclub.com
Company Research Source: Yahoo! Finance
LendingClub also said it will change its name to Happen Bank, a process expected to be completed this summer, to reflect its enhanced banking capabilities and further reflect its core mission: "To clear the way for people going places." Will AI create the world's first trillionaire? Our team just released a report on a little-known company, called an "Indispensable Monopoly," providing the critical technology Nvidia and Intel both need. Continue » The company reported earnings per share (EPS) of $0.44, beating Wall Street consensus estimates by $0.08, and revenue of over $252 million, beating estimates by about $3 million. Loan originations for the quarter came in at nearly $2.7 billion. The company also maintained its full-year diluted EPS outlook of $1.65 to $1.80 and its originations outlook of $11.6 billion to $12.6 billion. The stock surged in after-hours trading last night, but had given back those gains as of 12:06 p.m. ET. Is LendingClub a buy? Image source: Getty Show less Read more
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