- Q4 2015 Quarterly Results; Adjusted EPS $0.05 vs $0.04, Revenue $134.5m vs $130.6m, Raises 1QFY16 guidance to $147-149m vs $146.4, EBITDA $25-27m vs $24.6 million in 4QFY15 according to Business ETC.
- Share buy back of $150m.
- On February 1st, JP Morgan purchased $1B in loans from LC.
- Market Cap $2.2B vs ~200B JPMorgan
- My money on Lending Club paying 8% interest versus 1% on Fidelity, planning to shift more.
- Blogger Timothy Li notes Lending Club doesn't have loans on their books which means they don't get to keep the yield but also means they don't risk collapse.
Price $6.91
Trade/Portfolio: 1.21%
Position/Portfolio: 6.27%
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