LendingClub is trading at ~0.8x TBV, likely to melt up in a soft landing scenario. LC is also set to outperform SOFI in a hard landing due to a lower risk balance sheet and much higher capital buffers ...
Lending Club (LC) has had lackluster share performance, but recently rebounded before declining again. LC's business has faced challenges due to rising interest rates, but profitability has improved.
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