BM Technologies

BM Technologies, Inc. is a technology company that provides banking services through its partner banks. It offers a mobile banking platform in the U.S. that provides access to checking and savings accounts, personal loans and credit cards. The company's operating model enables partner banks to provide banking services to low and middle-income Americans who have been left behind by the fee model of traditional banks. The company was founded by Luvleen Sidhu in May 2016 and is headquartered in Wayne, PA.

Earnings data Q1 2021

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BM Technologies posts strong Q1 results, eyes Higher Education growth

BM Technologies delivered a robust performance in Q1 2024, marked by revenue growth, positive core EBITDA, and a focus on Higher Education vertical expansion.
The company's strengths lie in technological innovations, growth strategies, and a debt-free financial position, positioning it well for future growth.
While facing challenges related to market uncertainties and competitive pressures, BM Technologies has opportunities to capitalize on the Higher Education sector's potential and drive further revenue growth.

BM Technologies reports Q2 revenue growth and digital transformation success

BM Technologies exhibited solid revenue growth and digital transformation progress in Q2 2024, despite a core EBITDA loss.
The company's emphasis on technology advancements and customer engagement bodes well for future performance and revenue potential.
Navigating challenges like the BaaS partnership expiration presents opportunities for strategic growth initiatives and market expansion.

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BM Technologies, Inc. is a technology company that provides banking services through its partner banks. It offers a mobile banking platform in the U.S. that provides access to checking and savings accounts, personal loans and credit cards. The company's operating model enables partner banks to provide banking services to low and middle-income Americans who have been left behind by the fee model of traditional banks. The company was founded by Luvleen Sidhu in 2016 and is headquartered in Wayne, PA.

The average of price targets set by Wall Street analysts indicates a potential upside of 62.8% in BM Technologies, Inc. (BMTX). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.

Wall Street Analysts Believe BM Technologies, Inc. (BMTX) Could Rally 63%: Here's is How to Trade

Does BM Technologies, Inc. (BMTX) have what it takes to be a top stock pick for momentum investors? Let's find out.

What Makes BM Technologies, Inc. (BMTX) a Strong Momentum Stock: Buy Now?

Investors need to pay close attention to BM Technologies (BMTX) stock based on the movements in the options market lately.

Implied Volatility Surging for BM Technologies (BMTX) Stock Options

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLP, a global investor rights law firm, is investigating whether the merger of BM Technologies, Inc. (NYSE: BMTX) and First Sound Bank (“FSB”) is fair to BMTX shareholders. Under the terms of the proposed merger, BMTX will pay up to $7.22 in cash for each share of FSB common stock or approximately $23 million in aggregate consideration, subject to certain conditions and adjustments. The investigation concerns whether BMTX and its board violated the federa

BMTX Merger Investigation: Halper Sadeh LLP Announces Investigation Into Whether the Merger of BM Technologies, Inc. Is Fair to Shareholders; Investors Are Encouraged to Contact the Firm – BMTX

BM Technologies, Inc.'s (BMTX) CEO Luvleen Sidhu on Q3 2021 Results - Earnings Call Transcript

Suburban Philadelphia-based digital banking platform BM Technologies, Inc. will merge with First Sound Bank as part of a $23 million acquisition, BM Technologies announced Monday (Nov. 15). The FinTech company has signed a definitive agreement to merge with the Seattle-based community business bank.

Fintech BM Technologies to Merge With First Sound Bank

MILWAUKEE, Wis., Nov. 15, 2021 /PRNewswire/ -- Ademi LLP is investigating First Sound Bank (OTCPK: FSWA), for possible breaches of fiduciary duty and other violations of law in its transaction with BM Technologies, Inc.  Click here to learn how to join the action: https://www.ademilaw.com/case/first-sound-bank or call Guri Ademi toll-free at 866-264-3995.

Shareholder Alert: Ademi LLP investigates whether First Sound Bank has obtained a Fair Price in its going private transaction with BM Technologies, Inc.

Q3 2021 Core EBITDA increased 91% year over year to $7.0 million 2021 EBITDA Guidance Increased to $26 Million Ending Serviced Deposits increased 118% year over year to $2 billion

BM Technologies Reports Record Results for the Third Quarter 2021

Achieves Important Milestone in the Evolution of the Company Allowing for the Expansion of its Products & Services to Better Serve Customers

BM Technologies Announces Strategic Merger with First Sound Bank

RADNOR, PA, Nov. 01, 2021 (GLOBE NEWSWIRE) -- BM Technologies, Inc. (NYSE American: BMTX), one of the largest digital banking platforms in the country, will release its Q3 2021 earnings before the market opens on November 15, 2021. The company will host a live webcast to discuss the earnings on November 15, 2021 at 9am EDT.

BM Technologies to Announce Q3 2021 Earnings and Host Webcast

RADNOR, Pa., Oct. 13, 2021 (GLOBE NEWSWIRE) -- BM Technologies, Inc. (NYSE American: BMTX), one of the largest digital banking platforms in the country, increases preliminary third quarter revenue and EBITDA guidance to approximately $22 million and $6 million respectively and about $92 million and $24 million for the full year ending December 31st, 2021.

BM Technologies Increases Preliminary Third Quarter and Full Year 2021 Financial Guidance & Provides Corporate Update

RADNOR, PA, Sept. 30, 2021 (GLOBE NEWSWIRE) -- BM Technologies, Inc. (NYSE American: BMTX), one of the largest digital banking platforms in the country, announced that Li Shen has joined as Chief Accounting Officer (CAO), and Doug Hallett as Director of Enterprise Risk and Audit. In her role, Shen will work closely with other members of the leadership team to ensure the integrity of accounting, financial operations, and external reporting, helping the company scale for the future. Hallett will be responsible for enhancing risk infrastructure to support fintech and bank partners, and lead development and execution of financial reporting and compliance.

BM Technologies, Inc. (BMTX) Announces Li Shen as Chief Accounting Officer and Doug Hallett as Director of Enterprise Risk and Audit

Radnor, PA, Sept. 16, 2021 (GLOBE NEWSWIRE) -- BM Technologies, Inc. (NYSE American: BMTX), one of the largest digital banking platforms in the country, and T-Mobile announced that they have been recognized for Best Fintech Partnership by the 2021 Finovate Awards for T-Mobile MONEY. Luvleen Sidhu, BMTX Chair, CEO and Founder, accepted the award at the “FinovateFall Conference,” which took place September 13-15, 2021.

BM Technologies (NYSE: BMTX) and T-Mobile Selected as Best Fintech Partnership in 2021 Finovate Awards

BM Technologies, Inc. (BMTX) CEO Luvleen Sidhu on Q2 2021 Results - Earnings Call Transcript

Q2 2021 Core EBITDA of $5.2M, an 11x Increase YOY Ending Serviced Deposits Increased 137% YOY to $1.6 billion Q2 2021 Core EBITDA of $5.2M, an 11x Increase YOY Ending Serviced Deposits Increased 137% YOY to $1.6 billion

BM Technologies Reports Record Results for Second Quarter & First Half of 2021

BM Technologies recognized for a groundbreaking fintech partnership and Sidhu distinguished for empowering women in financial services. BM Technologies recognized for a groundbreaking fintech partnership and Sidhu distinguished for empowering women in financial services.

BM Technologies (NYSE: BMTX) and Company's Chair, CEO, and Founder, Luvleen Sidhu Included Among 2021 Finovate Awards Finalists

Radnor, PA, Aug. 04, 2021 (GLOBE NEWSWIRE) -- BM Technologies, Inc. (NYSE American: BMTX), one of the largest digital banking platforms in the country, announced it is expanding its Banking-as-a-Service (BaaS) offering to credit unions and community banks. Through this platform, BMTX will help these financial institutions accelerate their digital strategies with state-of-the-art mobile and web-based banking apps and also provide back office banking operations, compliance, fraud and risk management and customer service support if needed.

BM Technologies, Inc. (BMTX) Expands its Banking-as-a-Service Offering to Credit Unions and Community Banks

Radnor, Aug. 02, 2021 (GLOBE NEWSWIRE) -- BM Technologies, Inc. (NYSE American: BMTX), one of the largest digital banking platforms in the country, will release its Q2 2021 earnings after the market closes on August 11, 2021. The company will host a live webcast to discuss the earnings on August 12, 2021 at 9am EDT. Details related to accessing the webcast are forthcoming.

BM Technologies (NYSE: BMTX) to Announce Q2 2021 Earnings and Host Webcast

BM Technologies (BMTX) has been struggling lately, but the selling pressure may be coming to an end soon

BM Technologies (BMTX) Sees Hammer Chart Pattern: Time to Buy?

Collaboration Marks GoAskJay's First Digital Banking Platform Offering to its Approximately Three Million Users in the U.S. Collaboration Marks GoAskJay's First Digital Banking Platform Offering to its Approximately Three Million Users in the U.S.

BM Technologies, Inc. (BMTX) Announces GoAskJay as New Workplace Banking Partner

Collaboration Enables Digital Banking Platform to Integrate Consumer Credit Monitoring and Identity Protection Capabilities into its White-Label Offering Collaboration Enables Digital Banking Platform to Integrate Consumer Credit Monitoring and Identity Protection Capabilities into its White-Label Offering

BM Technologies, Inc. (BMTX) Announces Partnership with Array

Over 47,000 Additional Students Now Have Access to BankMobile Disbursements and the BankMobile Vibe Checking Account Over 47,000 Additional Students Now Have Access to BankMobile Disbursements and the BankMobile Vibe Checking Account

BM Technologies, Inc. (BMTX) Announces Eight New Partnerships with Colleges and Universities Across the U.S.

Sidhu Joins Other Visionaries Including Robert Downey Jr. to Speak at Global Leadership Summit Sidhu Joins Other Visionaries Including Robert Downey Jr. to Speak at Global Leadership Summit

Luvleen Sidhu, Chair, CEO and Founder of BM Technologies (NYSE: BMTX), to Participate in Panel Discussion about Challengers at CogX Festival 2021

BM Technologies (BMTX) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.

Why You Shouldn't Bet Against BM Technologies (BMTX) Stock

Radnor, PA, May 20, 2021 (GLOBE NEWSWIRE) -- BM Technologies, Inc. (NYSE American: BMTX, BMTX.W), one of the largest digital banking platforms in the country, announced that it will ring the New York Stock Exchange Opening Bell on Friday, May 21, 2021 at 9:30am EDT. The event will celebrate the company's recent listing on The New York Stock Exchange and its record Q1 2021 results. Luvleen Sidhu, Chair, CEO and Founder of BM Technologies (BMTX), along with members of the company's leadership team, will be ringing the bell to mark these milestones.

News for BM Technologies Stock (BMTX)