Thomas Casey - LendingClub Corp Chief Financial Officer, Independent Director

LC Stock  USD 11.09  0.01  0.09%   

Director

Mr. Thomas W. Casey was appointed as Chief Financial Officer of the Company. Mr. Casey was previously the Executive Vice President and Chief Financial Officer at Acelity L.P. Inc., a medical device company, from November 2014 to August 2016 and was responsible for the entire range of financial functions, including financial accounting, reporting, and planning and analysis. From 2009 to July 2013, Mr. Casey was Executive Vice President and Chief Financial Officer for Clear Channel Outdoor, Inc., an advertising company. He has also served as Executive Vice President and Chief Financial Officer of Washington Mutual, Inc., Vice President of General Electric Company and Senior Vice President and Chief Financial Officer of GE Financial Assurance since 2021.
Age 57
Tenure 4 years
Address 595 Market Street, San Francisco, CA, United States, 94105
Phone415 930 7440
Webhttps://www.lendingclub.com
Casey holds a B.S. degree in accounting from King’s College in WilkesBarre, PA.

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.
LendingClub Corp reports 28.5 M of total liabilities with total debt to equity ratio (D/E) of 0.11, which may suggest the company is not taking enough advantage from financial leverage. Note however, debt could still be an excellent tool for LendingClub to invest in growth at high rates of return.

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LendingClub Corporation, operates as a bank holding company for LendingClub Bank, National Association that provides range of financial products and services through a technology-driven platform in the United States. LendingClub Corporation was incorporated in 2006 and is headquartered in San Francisco, California. Lendingclub Corp operates under Credit Services classification in the United States and is traded on New York Stock Exchange. It employs 1384 people. LendingClub Corp (LC) is traded on New York Stock Exchange in USA. It is located in 595 Market Street, San Francisco, CA, United States, 94105 and employs 1,002 people. LendingClub Corp is listed under Consumer Finance category by Fama And French industry classification.

Management Performance

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.

Also Currently Popular

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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LendingClub Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
For information on how to trade LendingClub Stock refer to our How to Trade LendingClub Stock guide.
You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
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
10.39
Quarterly Revenue Growth
0.202
Return On Assets
0.0042
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.