The company and the sector have had a difficult few months, with LendingClub's stock price down about 45% since the start of November. The Federal Reserve's fast-shifting outlook and policy stances seem to be the main culprit, but investors should still expect LendingClub to report solid earnings and forecast a strong year in 2022 from an operational standpoint, as it continues to show its superior new business model put into place last year. LendingClub has been in turnaround mode for several years now, but the fruits of management's labor really began to pay off when the company completed its acquisition of Radius Bank at the beginning of 2021.
Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting