Green Dot

Green Dot Corp. operates as a financial technology and registered bank holding company. engages in providing modern banking and money movement products that are accessible for all. It operates through the following segments: Consumer Services,Business to Business Services and Money Movement Services The company was founded by Steven W. Streit on October 1, 1999 and is headquartered in Austin, TX.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Green Dot reports revenue growth and strategic focus for 2023

Green Dot's Q4 2022 earnings call highlighted revenue growth, technology advancements, and strategic priorities for 2023. The company provided detailed insights on segment performance and outlined plans for a leaner, more nimble operation. Despite challenges from partner losses, Green Dot remains optimistic about future growth opportunities and aims for stronger performance in 2024.

Green Dot reports Q1 results, eyes growth in embedded finance

Green Dot's Q1 performance reflects a focus on cost management and strategic initiatives for growth. Despite some challenges in specific segments, the company maintains a strong financial position and is optimistic about future opportunities in embedded finance and partnerships. The outlook includes potential revenue growth in Q4 and improved operating leverage in 2024.

Green Dot reports revenue growth amidst earnings decline in Q2

Green Dot's Q2 2023 performance saw revenue growth but earnings decline due to various factors impacting different segments.
New partnerships, technology transformation, and focus on embedded finance present opportunities for future growth and efficiency.
Challenges include margin compression from BaaS contract restructuring and revenue declines in certain segments.
Overall, Green Dot's strategic initiatives and partnerships position them well for future growth and profitability.

Green Dot reports mixed Q3 results, focuses on B2B growth

Green Dot's Q3 performance showed revenue growth in B2B but decline in Consumer segment, with strategic priorities on processor conversions and compliance infrastructure. Challenges included partner deconversions and legacy brand attrition, while opportunities lie in B2B growth and regulatory focus for sustained growth.

Green Dot navigates challenges, eyes growth in diverse segments

Green Dot's Q4 2023 showcased achievements amidst challenges, with revenue and profit details shared for key segments.
The company focuses on customer care, regulatory compliance, and revenue growth acceleration for 2024.
Mixed performance across segments with revenue declines in Consumer and Money Movement, offset by B2B growth.
Positive outlook for 2024 with expectations of revenue growth and margin improvements in various segments.

Green Dot reports solid Q1 earnings, cautious on M&A

Green Dot's Q1 2024 earnings call showcased solid revenue growth, reiterated guidance, and a focus on risk management and compliance. Executives highlighted key initiatives for efficiency and revenue growth, while expressing caution on M&A in the short term. The company's performance reflects a balance between growth momentum and profitability concerns.

Green Dot reports robust Q3 earnings, eyes growth in embedded finance

Green Dot's Q3 2024 performance reflected strong growth in non-GAAP revenue and adjusted EBITDA, driven by B2B segment expansion and strategic initiatives.
While facing challenges in retail channels, the company showcased resilience, sequential growth in consumer revenue, and a focus on efficiency and scale in the B2B segment.
Opportunities in embedded finance, BaaS partnerships, and improved margins in Q4 position Green Dot for long-term success and financial stability.
Addressing challenges in retail and money processing segments while leveraging strengths in compliance and sustainable opportunities will be crucial for sustained growth.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Green Dot Corp. is a financial technology and registered bank holding company. It engages in providing modern banking and money movement products that are accessible for all. It operates through the following segments: Consumer Services, Business to Business (B2B) Services, Money Movement Services, and Corporate and Other. The Consumer Services segment consists of checking accounts, prepaid cards, secured credit cards, and gift cards. The B2B Services segment covers the partnerships with some of the consumer and technology companies. The Money Movement segment includes facilitating the movement of cash on behalf of consumers and businesses, such as money processing services and tax refund processing services. The company was founded by Steven W. Streit on October 1, 1999 and is headquartered in Austin, TX.

Green Dot Network is focusing on unbanked consumers who pay bills in cash. The bank holding company announced in a Tuesday (Feb. 21) press release it has expanded its list of partners to include companies that focus on “underserved minority groups that tend to be significantly more dependent on cash” than the average consumer.

Green Dot Sees Demand From Unbanked Cash-Paying Customers

AUSTIN, Texas--(BUSINESS WIRE)-- #BaaS--Neobanks, Bill Pay Leaders and Earned Wage Access Providers Join Green Dot's Growing List of Network Partners

Green Dot Network Sees Continued Growth as Many Consumers Continue Relying on Cash for Purchases and Bill Payments

AUSTIN, Texas--( BUSINESS WIRE )--Green Dot Corporation (NYSE: GDOT) will host a conference call and earnings webcast to discuss fourth quarter 2022 financial results on Thursday, February 23, 2023 at 5:00pm ET. A press release with fourth quarter 2022 financial results will be issued after the market closes that same day. The live webcast of the call can be accessed from Green Dot's investor relations website at http://ir.greendot.com/. A replay will be available at the same website following the call.

Green Dot to Announce Fourth Quarter 2022 Results on February 23rd

Paymentus Holdings

CHARLOTTE, N.C.--( BUSINESS WIRE )--Paymentus Holdings Inc. (NYSE: PAY), a leading electronic bill presentment and payment (EBPP) provider, today unveiled expanded Cash Bill Pay capabilities on its Instant Payment Network®. Powered by Green Dot Corporation's (NYSE: GDOT) expansive Green Dot Network, billers connected to the Instant Payment Network will be able to accept cash payments from customers made at more than 90,000 retail locations.

Cash Remains King for Many: Paymentus Expands Instant Payment Network® with Cash Bill Pay Innovations and Options

The Green Dot banking platform has extended its partnership with wealth management provider Wealthfront.  The two companies said in a Monday (Dec. 19) press release that they have extended their partnership begun in 2020 in which Green Dot provides seamless checking features and money movement for Wealthfront's Cash Account.

Green Dot Banking Platform Extends Partnership With Wealthfront

AUSTIN, Texas--( BUSINESS WIRE )--Green Dot Corporation (NYSE: GDOT), a digital bank and fintech enabling powerful banking and payment solutions for businesses and consumers, and Wealthfront, an industry-leading automated wealth management provider serving the next generation of investors, have extended their partnership that provides seamless checking features and money movement for Wealthfront's award-winning Cash Account.1

Green Dot and Wealthfront Extend Partnership to Simplify How Young Professionals Maximize Savings and Build Wealth

Green Dot (GDOT) reported earnings 30 days ago. What's next for the stock?

Why Is Green Dot (GDOT) Up 3.5% Since Last Earnings Report?

Green Dot is a legacy fintech company, which was a pioneer in prepaid debit card programs for companies such as Walmart. The company offers a lucrative "Banking as a Service" solution to customers such as Apple (Apple Pay Cash) and Uber.

Green Dot: Earnings Beat And Fintech Growth Potential

The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.

Why Green Dot (GDOT) is a Top Growth Stock for the Long-Term

NEW YORK , Nov. 29, 2022 /PRNewswire/ -- Purcell & Lefkowitz LLP, a class action law firm dedicated to representing shareholders nationwide, is investigating a potential breach of fiduciary duty claim involving the board of directors of Green Dot Corporation (NYSE: GDOT). If you are a shareholder of Green Dot Corporation and are interested in obtaining additional information regarding this investigation, free of charge, please visit us at: https://pjlfirm.com/green-dot-corporation/ You may also contact Robert H.

SHAREHOLDER ALERT: Purcell & Lefkowitz LLP Is Investigating Green Dot Corporation for Potential Breaches Of Fiduciary Duty By Its Board of Directors

AUSTIN, Texas--( BUSINESS WIRE )--Despite rapid growth of the U.S. gig economy, the majority of gig workers remain underserved as they face a variety of unique and pressing financial challenges, and lack effective tools to help them achieve financial stability. According to new research led by nonprofit Commonwealth and supported by Green Dot Corporation (NYSE: GDOT), Gig Wage, and Steady, most of today's gig workers face persistent income volatility and have little or no savings for emergency expenses. Additionally, the study focused on what employer benefits may be most effective in reducing the impact of income volatility on gig workers.

New Study Reveals Gig Workers Need Unique Benefits to Reduce Financial Challenges

Green Dot's (GDOT) third-quarter 2022 earnings increase year over year.

Green Dot (GDOT) Stock Appreciates 7.4 % on Q3 Earnings Beat

Green Dot Corporation (NYSE:GDOT ) Q3 2022 Earnings Conference Call November 9, 2022 6:00 PM ET Company Participants Tim Willi - Senior Vice President and Investor Relations George Gresham - Director, Chief Executive Officer and President Jess Unruh - Chief Financial Officer Conference Call Participants Bob Napoli - William Blair Andrew Schmidt - Citi Ramsey Assal - Barclays John Hecht - Jefferies Operator Good day and welcome to the Green Dot Third Quarter 2022 Conference Call. All participants will be in a listen-only mode.

Green Dot Corporation (GDOT) Q3 2022 Earnings Call Transcript

Green Dot (GDOT) delivered earnings and revenue surprises of 22.22% and 3.27%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Green Dot (GDOT) Tops Q3 Earnings and Revenue Estimates

AUSTIN, Texas--(BUSINESS WIRE)--Green Dot Corporation (NYSE: GDOT) today reported financial results for the quarter ended September 30, 2022.

Green Dot Reports Third Quarter 2022 Results

Caleres

Plains All American Pipeline

TravelCenters of America

Universal Forest Products

The Price-to-sales ratio is a convenient tool to gauge the value of stocks incurring losses or in an early development cycle. Stocks like CAL, PAA, TA, GDOT and UFPI hold promise

Pick These 5 Low Price-to-Sales Stocks for a Winning Portfolio

AUSTIN, Texas--(BUSINESS WIRE)--Green Dot Corporation (NYSE: GDOT) will host a conference call and earnings webcast to discuss its third quarter 2022 financial results on Wednesday, November 9, at 6pm ET.

Green Dot Corporation Announces Q3 Earnings Date; Reaffirms Q3 Guidance

AUSTIN, Texas--(BUSINESS WIRE)-- #BaaS--Green Dot Corporation (NYSE: GDOT), a digital bank and fintech powering consumers and businesses with seamless banking and payment tools, announced today that George Gresham, who has served as Green Dot's Chief Financial and Operating Officer and as a member of the Board of Directors since October 2021, has been appointed as Chief Executive Officer and President, effective as of October 14, 2022.

Green Dot Corporation Appoints George Gresham as Chief Executive Officer and President

Green Dot (GDOT) focuses on the acquisition of long-term users of its products, improving brands and image.

Reasons to Retain Green Dot (GDOT) Stock in Your Portfolio

AUSTIN, Texas--(BUSINESS WIRE)-- #BaaS--Green Dot Corporation Appoints Amy Pugh as General Counsel

Green Dot Corporation Appoints Amy Pugh as General Counsel

Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.

Green Dot (GDOT) is a Top-Ranked Growth Stock: Should You Buy?

Green Dot Corp. ( GDOT , Financial) is one of the original fintech companies that was an innovative leader in prepaid debit cards. The company's proprietary technology enables faster, more efficient electronic payments and money management.

Green Dot: Low Valuation Offsets Secular Decline Risk

Green Dot's (GDOT) long-standing relationship with Walmart remains a key driver of its operating revenues.

Here's Why You Should Hold on to Green Dot (GDOT) Stock for Now

Green Dot's (GDOT) second-quarter 2022 earnings surge year over year. However, revenues fall.

Green Dot (GDOT) Stock Down 16.2% Despite Q2 Earnings Beat

Green Dot Corporation (NYSE:GDOT ) Q2 2022 Earnings Conference Call August 4, 2022 6:00 PM ET Company Participants Tim Willi - Senior Vice President & Investor Relations Dan Henry - President & Chief Executive Officer George Gresham - Chief Financial Officer & Chief Operating Officer Conference Call Participants Ramsey El-Assal - Barclays Andrew Schmidt - Citi Andrew Jeffrey - Truist Securities George Sutton - Craig-Hallum Bob Napoli - William Blair Mike Grondahl - Northland Securities Operator Good day and welcome to the Green Dot Second Quarter 2022 Conference Call. All participants will be in a listen-only mode.

News for Green Dot Stock (GDOT)