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 Q4 2020

Earnings data Q1 2021

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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.

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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.

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

Green Dot (GDOT) Up 10.3% Since Last Earnings Report: Can It Continue?

AUSTIN, Texas--(BUSINESS WIRE)-- #BaaS--Green Dot Corporation (NYSE: GDOT), a leading digital bank and fintech that powers consumers and businesses with seamless and affordable banking and payment tools, today announced the appointment of Robert Millard to its Board of Directors, effective March 25, 2024. “Rob is a proven leader and strategist highly capable of managing key relationships and risk for complex organizations, and driving financial and other strategic initiatives that lead to EBITDA growth.

Green Dot Appoints Robert Millard to its Board of Directors

AUSTIN, Texas--(BUSINESS WIRE)-- #BaaS--Green Dot Corporation (NYSE: GDOT), a leading digital bank and fintech providing seamless banking and payments services to consumers and businesses, announced the addition of three fintechs to its growing list of Green Dot Network partners. REPAY, FACEBANK and Pana are now able to offer accessible and affordable cash transactions and services to customers via Green Dot's vast network of thousands of retail locations nationwide. “As the demand for cash and cash tr.

Neobanks and Other Fintechs Join Green Dot Network to Enable Cash Transactions for Customers

AUSTIN, Texas--(BUSINESS WIRE)-- #BaaS--Green Dot Corporation (NYSE: GDOT), a leading digital bank and fintech powering consumers and businesses with seamless banking and payment solutions, today announced the appointment of Melissa Douros as Chief Product Officer. Douros will lead Green Dot's product design and development team with a focus on building simple, seamless and useful tools for Green Dot's customers and growing list of world-class banking-as-a-service (BaaS) and embedded finance partners.

Green Dot Appoints Melissa Douros as Chief Product Officer

Green Dot (GDOT) witnesses weak segmental performances in fourth-quarter 2023.

Green Dot (GDOT) Q4 Earnings Miss Estimates, Stock Dips 7%

While the top- and bottom-line numbers for Green Dot (GDOT) give a sense of how the business performed in the quarter ended December 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Green Dot (GDOT) Reports Q4 Earnings: What Key Metrics Have to Say

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 and year ended December 31, 2023. “2023 was a pivotal year as we completed our processor conversion, streamlined costs and announced new partners in our BaaS and retail channels,” said George Gresham, Chief Executive Officer of Green Dot. “Looking forward with a more.

Green Dot Reports Fourth Quarter and Full Year 2023 Results

Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Green Dot (GDOT), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended December 2023.

Exploring Analyst Estimates for Green Dot (GDOT) Q4 Earnings, Beyond Revenue and EPS

AUSTIN, Texas--(BUSINESS WIRE)-- #BaaS--Green Dot Corporation (NYSE: GDOT), a leading digital bank and fintech powering consumers and businesses with seamless banking and payment solutions, today announced the appointment of Michael Meston as Chief Human Resources Officer. Meston will play a key role in the company's evolution as a performance-driven platform company that now operates primarily in a remote “work from anywhere” model. He will report directly to Chief Executive Officer George Gresham. “M.

Green Dot Appoints Michael Meston as Chief Human Resources Officer

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AUSTIN, Texas--(BUSINESS WIRE)--Green Dot Corporation (NYSE: GDOT) will host a conference call and earnings webcast to discuss fourth quarter 2023 financial results on Tuesday, February 27th, 2024 at 5:00 p.m. ET. A press release with the company's fourth quarter 2023 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.

Green Dot to Announce Fourth Quarter 2023 Results on February 27th

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

Green Dot (GDOT) Rises 17% in a Month: Here's What to Know

REPAY has partnered with Green Dot to enable REPAY's business clients to accept cash bill payments. With this collaboration, the customers of REPAY's clients will be able to pay bills with cash in person at more than 45,000 retail locations that are members of the Green Dot Network, the companies said in a Thursday (Dec.

REPAY Partners With Green Dot to Enable Cash Bill Payments

AUSTIN, Texas--(BUSINESS WIRE)-- #BaaS--The Green Dot Network will enable bill payment options for REPAY's clients and their customers who transact in cash.

REPAY Partners with Green Dot to Expand Cash Bill Pay Innovations for Consumers and Businesses

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NEW YORK, Dec. 08, 2023 (GLOBE NEWSWIRE) -- Keefe, Bruyette & Woods, Inc., a leading specialist investment bank to the financial services and fintech sectors, and a wholly owned subsidiary of Stifel Financial Corp. (NYSE: SF), announces the upcoming index rebalancing for the fourth quarter of 2023.

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Green Dot Corporation is facing challenges due to a decrease in customers and the end of partnerships in its traditional consumer division and Banking-as-a-Service sector. The company's Q3 results showed strong performance in the B2B Services segment but fell short of street estimates for adjusted EBITDA and EPS. The high costs related to processing and notable transaction losses are taking a toll on its profit margins.

Green Dot: Navigating A Tough Operating Environment

Green Dot is a FinTech company focused on cash/debit services, targeting the unbanked and underbanked population. My overall investment thesis revolves around the potential of GO2bank as a digital bank for the underbanked population. GDOT is currently trading at roughly $8.4 which would give the stock a P/E of 4.9x to 5.2x.

Green Dot: Current Troubles Are Hiding Future Potential

AUSTIN, Texas--(BUSINESS WIRE)-- #BaaS--Green Dot Corporation (NYSE: GDOT) today announced the appointment of Dave Harden as Chief Technology Officer supporting the company's ongoing effort to become a more streamlined, efficient and powerful technology company focused on building and delivering seamless and scalable banking and payment tools for consumers and businesses. As Chief Technology Officer, Harden will be responsible for overseeing the ongoing development and delivery of Green Dot's technolog.

Green Dot Appoints Dave Harden as Chief Technology Officer

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Green Dot (GDOT) third-quarter 2023 earnings plunge 68.2% while revenue inch up 1.4% year over year.

Green Dot (GDOT) Stock Plunges 34% Since Q3 Earnings Miss

The company's customer base has been challenges by high interest rates and inflation. Guidance indicates that profit headwinds will persist.

Why Green Dot Stock Plunged Today

While the top- and bottom-line numbers for Green Dot (GDOT) give a sense of how the business performed in the quarter ended September 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

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

Green Dot Corporation (NYSE:GDOT ) Q3 2023 Results Conference Call November 9, 2023 5:00 PM ET Company Participants Tim Willi - Senior Vice President of Finance George Gresham - Chief Executive Officer and President Jess Unruh - Chief Financial Officer Conference Call Participants Ramsey El-Assal - Barclays Chris Kennedy - William Blair Michael Perito - KBW John Hecht - Jefferies James Rush - Craig Hallum Operator Good day, and welcome to the Green Dot Corporation Third Quarter 2023 Earnings Conference Call. All participants will be in a listen-only mode.

Green Dot Corporation (GDOT) Q3 2023 Earnings Call Transcript

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, 2023. “Despite continued headwinds, we are encouraged by the progress we made completing our processor conversions and the opportunity to refocus our resources and efforts on growth-oriented initiatives,” said George Gresham, Chief Executive Office.

Green Dot Reports Third Quarter 2023 Results

News for Green Dot Stock (GDOT)