Lendingclub — Q2 2020 Earnings Presentation

4 slides from Lendingclub's earnings presentation, Aug 4, 2020

Slide 1: Target Return All Prime (Grades A/B/C)
Target Return* All Prime (Grades A/B/C) Gross Cumulative Loss Rate (GCL) -10% Baseline +10% +25% +40% (11.3%) (12.5%) (13.8%) (15.6%) (17.5%) 2 = -2% (25.3%) 5.86% 5.09% 4.28% 3.03% 1.72% c Baseline (25.8%) 5.84% 5.06% 4.25% 299% 1.67% 2 42% (26.3%) 5.81% 5.03% 4.22% 2.95% 1.62% & +4% (26.8%) 5.79%
Slide 2: Target Return Prime (Grade A)
Target Return* Prime (Grade A) Prepayment Rate Gross Cumulative Loss Rate (GCL) -10% Baseline +10% +25% +40% (6.4%) (71%) (7.9%) (8.9%) (10.0%) -2% (23.2%) 5.04% 4.58% 412% 3.41% 269% Baseline (23.7%) 5.02% 456% 410% 3.39% 267% 42% (24.2%) 5.01% 4.55% 4.08% 3.37% 264% +4% (24.7%) 5.00% 4.53% 4.06% 3
Slide 3: Target Return Prime (Grade B)
Target Return* Prime (Grade B) Gross Cumulative Loss Rate (GCL) -10% Baseline +10% +25% +40% (14.8%) (16.4%) (18.0%) (20.5%) (23.0%) & = -2% (27.2%) 612% 512% 410% 249% 0.80% & Gs Baseline (27.7%) 6.09% 609% 4.05% 2.44% 0.73% (= £ +2% (28.3%) 6.05% 5.05% 4.01% 2.38% 0.67% > § +4% (28.8%) 6.02% 5.01%
Slide 4: Target return footnote and conclusion
* Target return is the return that LendingClub takes reasonable steps to achieve. Target return is not a promise of future results and may not accurately reflect actual returns. Target returns shown are generated utilizing an internal rate of return (IRR) methodology and reflect a number of assumpti