Lending Club made a net profit of USD -10.7 mil in the second quarter of 2019, up 82.5% when compared to the same period of last year. This implies a return on equity of -4.90%.
Historically, the bank’s net profit reached an all time high of USD 4.57 mil in 4Q2015 and an all time low of USD -92.0 mil in 4Q2017. The average profit in the last six quarters amounted to USD -26.5 mil.
The bank generated its shareholders an average return on equity of -11.2% in the last five years with maximum at 1.78% and minimum at -38.2%.
You can see all the bank’s data at Lending Club profile, or you can download a report on the bank in the report section.
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