LendingClub is a bank holding company. Through its wholly-owned subsidiary, LendingClub Bank, National Association, Co. operates as a digital marketplace bank. Co.'s primary consumer products include unsecured personal loans, secured auto refinance loans, and patient and education finance loans. Co.'s commercial lending business includes commercial and industrial loans, commercial real estate loans, small business loans, and equipment loans and leases. For consumer depositors, Co. provides checking accounts, savings accounts, and certificates of deposit. Co. also provides a range of small business accounts, including checking accounts and U.S. Small Business Administration lending programs. The LC YTD return is shown above.
The YTD Return on the LC YTD return page and across the coverage universe of our site,
is a measure of the total return for a given investment year-to-date for the current calendar year
(up to the end of prior trading session). Arguably, choosing the current calendar year for a measurement
period is on the one hand completely arbitrary, but on the other hand a year-to-date look can be extremely
useful in the context of our country's tax system which taxes gains and income on a calendar year basis.
Thus, researching Year-To-Date Returns is good practice for investors — whether LC YTD return or other benchmarks/peers
— and when doing so it is also important to factor in dividends, because a financial instrument's YTD return is
more than just the change in price if that instrument pays a dividend or coupon. Our website aims to empower investors
by performing the LC YTD return calculation (with any dividends reinvested as applicable), and to provide a
coverage universe of many stocks and ETFs to be able to compare YTD returns.
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