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.

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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.

CVS Health

New Collaboration with Green Dot Enables Cash Deposits at Over 7,500 CVS Pharmacy Locations AUSTIN, Texas and SAN FRANCISCO , Dec. 20, 2024 /PRNewswire/ -- Varo Bank , the first all-digital nationally chartered bank in the U.S., today announced a collaboration with Green Dot Corporation  (NYSE: GDOT) and CVS Health  (NYSE: CVS) to enable deposits for no fee for millions of Varo Bank customers at over 7,500 participating CVS Pharmacy locations nationwide. 1  Utilizing Green Dot's embedded finance platform (Arc) and expansive money movement network, the "Green Dot Network," Varo customers can now deposit cash at participating CVS Pharmacy locations 2  with zero fees.

Varo Bank Introduces Zero Fee Cash Deposits at Participating CVS Locations

Green Dot is transforming by investing in embedded finance to offset declines from legacy operations, focusing on consumer services, B2B, and money movement services. Despite recent struggles, GDOT's margin improvements and new BaaS customers like PLS and Dayforce signal potential growth in embedded finance. Risks include competition, low BaaS margins, and reliance on key partners like Walmart, but GDOT's disciplined approach and tech investments offer hope.

Green Dot: A Turnaround Play That May Pay Out

Manny Aceves Joins Green Green Dot Public Schools to Lead Development Manny Aceves Joins Green Green Dot Public Schools to Lead Development

GREEN DOT PUBLIC SCHOOLS NAMES DR. MANNY ACEVES AS VICE PRESIDENT OF DEVELOPMENT

GDOT's third-quarter 2024 revenues increase primarily from the performance of the B2B Services segment.

Green Dot Stock Appreciates 4% Despite Earnings Miss in Q3

Green Dot Corporation (NYSE:GDOT ) Q3 2024 Earnings Conference Call November 7, 2024 5:00 PM ET Company Participants Tim Willi - Senior Vice President, Finance & Corporate Development George Gresham - Chief Executive Officer & President Jess Unruh - Chief Financial Officer Conference Call Participants Operator Hello, and welcome to the Green Dot Corp. Third Quarter 2024 Conference Call. All participants will be in a listen-only-mode.

Green Dot Corporation (GDOT) Q3 2024 Earnings Call Transcript

The headline numbers for Green Dot (GDOT) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Compared to Estimates, Green Dot (GDOT) Q3 Earnings: A Look at Key Metrics

Green Dot (GDOT) came out with quarterly earnings of $0.13 per share, missing the Zacks Consensus Estimate of $0.17 per share. This compares to earnings of $0.14 per share a year ago.

Green Dot (GDOT) Lags Q3 Earnings Estimates

AUSTIN, Texas--(BUSINESS WIRE)--Green Dot Corporation (NYSE: GDOT), a leading digital bank and fintech that delivers seamless banking and payment tools for consumers and businesses, today reported financial results for the quarter ended September 30, 2024. “It was a solid quarter of execution, and we are excited about the launch of our embedded finance brand, Arc by Green Dot, signifying our commitment to this sizable market where we believe ample opportunity for long-term growth exists,” said.

Green Dot Reports Third Quarter 2024 Results

Green Dot (GDOT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Green Dot (GDOT) Earnings Expected to Grow: Should You Buy?

Green Dot has launched an embedded finance brand and platform of services called Arc by Green Dot. This new platform offers businesses a range of embedded finance capabilities, including banking-as-a-service (BaaS), bringing together Green Dot's banking and money processing solutions, the financial technology platform and registered bank holding company said in a Tuesday (Oct.

Green Dot Launches Brand Focused on Embedded Finance Capabilities

SAN FRANCISCO--(BUSINESS WIRE)--Stockpile1, the pioneering investment platform that made investing accessible to kids and families, today unveiled its newest financial offering: a banking service for families powered by Green Dot's2 single-source embedded finance platform. At the heart of this new service is a debit card for kids and the Stockpile Tuition Rewards® Program, which can help families reduce future college costs simply by being Stockpile members. The Stockpile Tuition Rewards® Progr.

Stockpile Pioneers First-Ever Tuition Rewards Program on Financial Learning Platform and Debuts Kids Debit Card as Part of New Family Banking Platform

AUSTIN, Texas--(BUSINESS WIRE)-- #BaaS--Green Dot Corporation (NYSE: GDOT) today announced the launch of Arc by Green Dot, representing a comprehensive set of embedded finance, including banking as a service (“BaaS”), capabilities designed to fuel engagement and growth for businesses. Arc combines Green Dot's secure banking and money processing solutions on a modern, single-source platform – delivering flexible, end-to-end solutions that can boost retention, value and expansion for companies at every s.

Green Dot Debuts Embedded Finance Brand and Platform of Services, Arc by Green Dot

AUSTIN, Texas--(BUSINESS WIRE)--Green Dot Corporation (NYSE: GDOT) will host a conference call and earnings webcast to discuss third quarter 2024 financial results on Thursday, November 7th, 2024 at 5:00 p.m. ET. A press release with the company's third quarter 2024 financial results will be issued after the market closes on the 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 we.

Green Dot to Announce Third Quarter 2024 Results on November 7th

Green Dot Corporation GDOT is currently focusing on long-term growth through prepaid cards, BaaS partnerships, and a strong balance sheet amid some challenges, including a decrease in customers and the end of partnerships in its traditional consumer division and its Banking-as-a-Service (BaaS) sector.

Why You Should Retain Green Dot Stock in Your Portfolio for Now

AUSTIN, Texas--(BUSINESS WIRE)-- #BaaS--Green Dot Corporation (the “Company”) (NYSE: GDOT), announced today the completion of a private placement of $45 million in aggregate principal amount of its 8.75% Fixed Rate Senior Notes due 2029 (the “Notes”) to certain qualified institutional buyers and institutional accredited investors in a private placement exempt from the registration requirements under the Securities Act of 1933, as amended (the “Securities Act”). The Notes are unsecured and have a five-y.

Green Dot Corporation Announces Completion of $45 Million Senior Unsecured Notes Offering

Green Dot (GDOT) witnesses growth in the B2B and Money Movement Services segments in the second quarter of 2024.

Green Dot (GDOT) Stock Gains 20% Despite Q2 Earnings Miss

Green Dot Corporation (NYSE:GDOT ) Q2 2024 Earnings Conference Call August 8, 2024 5:00 PM ET Company Participants Tim Willi - Senior Vice President, Finance George Gresham - Chief Executive Officer Jess Unruh - Chief Financial Officer Conference Call Participants Ramsey El-Assal - Barclays Tim Switzer - KBW James Rush - Craig-Hallum Operator Good afternoon, and welcome to the Green Dot Second Quarter 2024 Conference Call. [Operator Instructions] Please note, this event is being recorded.

Green Dot Corporation (GDOT) Q2 2024 Earnings Call Transcript

The headline numbers for Green Dot (GDOT) give insight into how the company performed in the quarter ended June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Green Dot (GDOT) Reports Q2 Earnings: What Key Metrics Have to Say

Green Dot (GDOT) came out with quarterly earnings of $0.25 per share, missing the Zacks Consensus Estimate of $0.28 per share. This compares to earnings of $0.37 per share a year ago.

Green Dot (GDOT) Q2 Earnings Lag Estimates

AUSTIN, Texas--(BUSINESS WIRE)--Green Dot Corporation (NYSE: GDOT), a leading digital bank and fintech that delivers seamless banking and payment tools for consumers and businesses, today reported financial results for the quarter ended June 30, 2024. "It was a solid quarter with progress on many fronts as we renewed our largest BaaS partner and made strategic investments to enhance our risk management and regulatory compliance, and position the company for sustainable long-term growth,” said G.

Green Dot Reports Second Quarter 2024 Results

Get a deeper insight into the potential performance of Green Dot (GDOT) for the quarter ended June 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.

Stay Ahead of the Game With Green Dot (GDOT) Q2 Earnings: Wall Street's Insights on Key Metrics

MEMPHIS, Tenn.--(BUSINESS WIRE)--IOTA Community Schools has chosen Reading Horizons, a leading provider of foundational literacy programs, to enhance reading instruction across four middle and high schools in the Memphis Metro Area. IOTA has raised the bar in education reform, helping thousands of students in Tennessee's historically underserved communities succeed in college, leadership, and life. IOTA stands for Innovation, Opportunity, Transformation, and Access. “Because of our intentional.

IOTA Community Schools (Formerly Green Dot Public Schools Tennessee) Chooses Reading Horizons to Boost Student Literacy Outcomes

The Federal Reserve Board said Friday (July 19) that it fined Green Dot $44 million for unfair and deceptive practices and a deficient consumer compliance risk management program. The regulator said in a Friday press release that while marketing, selling and servicing its prepaid debit card products and its tax return preparation payment services, Green Dot violated consumer law.

Federal Reserve Fines Green Dot $44 Million, Alleging Unfair Practices

The U.S. Federal Reserve announced on Friday it had fined Utah-based Green Dot $44 million for numerous "unfair and deceptive" practices, as well as deficient risk management.

US Fed fines Green Dot $44 million for numerous unfair and deceptive practices

AUSTIN, Texas--(BUSINESS WIRE)-- #BaaS--The PLS family of financial service centers, one of the nation's largest providers of community based financial services, today announced the launch of the Xpectations!® Plus Debit Card, a new suite of online banking services powered by Green Dot's (NYSE: GDOT) single-source embedded finance platform. The Xpectations!® Plus Debit Card now offers PLS' five million-plus customers access to seamless, affordable and useful financial tools and services, including earl.

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