Ronnie Momen - LendingClub Corp Chief Consumer Banking Officer
| LC Stock | USD 11.09 0.01 0.09% |
Executive
Mr. Ronnie Momen is Chief Lending Officer of the Company. He has served as our Chief Lending Officer since July 2018. From September 2017 to March 2018, Mr. Momen served as Chief Credit Officer of GreenSky, Inc. From November 2015 to September 2017, Mr. Momen served as Executive Vice President, Head of Credit Risk, Consumer Credit Solutions at Wells Fargo Company. From 1998 to September 2015, Mr. Momen served in various positions at HSBC Holdings, including the last three years as Executive Vice President, Americas Head of Risk for Retail Banking Wealth Management since 2020.
| Age | 55 |
| Tenure | 5 years |
| Address | 595 Market Street, San Francisco, CA, United States, 94105 |
| Phone | 415 930 7440 |
| Web | https://www.lendingclub.com |
Ronnie Momen Latest Insider Activity
Tracking and analyzing the buying and selling activities of Ronnie Momen against LendingClub Corp stock is an integral part of due diligence when investing in LendingClub Corp. Ronnie Momen insider activity provides valuable insight into whether LendingClub Corp is net buyers or sellers over its current business cycle. Note, LendingClub Corp insiders must abide by specific rules, including filing SEC forms every time they buy or sell LendingClub Corp'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.
Ronnie Momen over six months ago Acquisition by Ronnie Momen of 10270 shares of LendingClub Corp subject to Rule 16b-3 | ||
Ronnie Momen over a year ago Disposition of 9755 shares by Ronnie Momen of LendingClub Corp subject to Rule 16b-3 |
LendingClub Corp Management Efficiency
At present, LendingClub Corp's Return On Assets are projected to increase slightly based on the last few years of reporting. The current year's Return On Equity is expected to grow to 0.04, whereas Return On Capital Employed is forecasted to decline to (0.01). At present, LendingClub Corp's Other Assets are projected to decrease significantly based on the last few years of reporting. The current year's Total Current Assets is expected to grow to about 3.6 B, whereas Non Current Assets Total are forecasted to decline to about 231.1 M. LendingClub Corp's management efficiency ratios could be used to measure how well LendingClub Corp manages its routine affairs as well as how well it operates its assets and liabilities.Similar Executives
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Management Performance
| Return On Equity | 0.0396 | ||||
| Return On Asset | 0.0042 |
LendingClub Corp Leadership Team
Elected by the shareholders, the LendingClub Corp's board of directors comprises two types of representatives: LendingClub Corp inside directors who are chosen from within the company, and outside directors, selected externally and held independent of LendingClub. The board's role is to monitor LendingClub Corp's management team and ensure that shareholders' interests are well served. LendingClub Corp's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, LendingClub Corp's outside directors are responsible for providing unbiased perspectives on the board's policies.
| John Morris, Non-Executive Chairman of the Board, Independent Director | ||
| Valerie Kay, Chief Capital Officer | ||
| Thomas CPA, Ex Officer | ||
| Amber Carroll, Senior Marketing | ||
| Scott Sanborn, Chief Operating and Marketing Officer | ||
| Timothy Bogan, Chief Banking Integration Officer | ||
| Annie Armstrong, Chief Risk Officer | ||
| Simon Williams, Independent Director | ||
| Thomas Casey, Chief Financial Officer, Independent Director | ||
| Michael Zeisser, Independent Director | ||
| Brandon Pace, Chief Administrative Officer, Corporate Secretary | ||
| Adrienne Harris, Director | ||
| Bahman Koohestani, Chief Technology Officer | ||
| Joel Schipper, Chief Executive | ||
| Lukasz Strozek, Chief Officer | ||
| Patricia McCord, Independent Director | ||
| Allan Landon, Independent Director | ||
| Kenneth Denman, Independent Director | ||
| Andrew LaBenne, Chief Officer | ||
| Mark Elliot, Chief Officer | ||
| Erin Selleck, Independent Director | ||
| William Cannon, Information Director | ||
| Sameer CPA, Head Relations | ||
| Fergal Stack, Principal Accounting Officer, Corporate Controller | ||
| Tina Wilson, Chief Officer | ||
| Daniel Ciporin, Independent Director | ||
| Ronnie Momen, Chief Consumer Banking Officer | ||
| Jordan Cheng, General Secretary | ||
| Balaji Thiagarajan, Chief Officer | ||
| Susan Athey, Independent Director | ||
| Timothy Mayopoulos, Independent Director |
LendingClub Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is LendingClub Corp a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | 0.0396 | ||||
| Return On Asset | 0.0042 | ||||
| Profit Margin | 0.04 % | ||||
| Operating Margin | 0.04 % | ||||
| Current Valuation | 333.01 M | ||||
| Shares Outstanding | 113.38 M | ||||
| Shares Owned By Insiders | 2.92 % | ||||
| Shares Owned By Institutions | 78.70 % | ||||
| Number Of Shares Shorted | 4.25 M | ||||
| Price To Earning | 3.90 X |
Also Currently Popular
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Is Consumer Finance space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of LendingClub Corp. If investors know LendingClub will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about LendingClub Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.1) | Earnings Share 0.45 | Revenue Per Share | Quarterly Revenue Growth 0.202 | Return On Assets |
The market value of LendingClub Corp is measured differently than its book value, which is the value of LendingClub that is recorded on the company's balance sheet. Investors also form their own opinion of LendingClub Corp's value that differs from its market value or its book value, called intrinsic value, which is LendingClub Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because LendingClub Corp's market value can be influenced by many factors that don't directly affect LendingClub Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between LendingClub Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if LendingClub Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, LendingClub Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.