New Risk • Aug 14
New major risk - Revenue and earnings growth Earnings have declined by 60% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company. Reported Earnings • Aug 11
Second quarter 2026 earnings released Second quarter 2026 results: Net income: (up US$47.0m from 2Q 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 86 percentage points per year, which is a significant difference in performance. New Risk • Aug 11
New major risk - Revenue and earnings growth Earnings have declined by 65% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company. Reported Earnings • May 12
First quarter 2026 earnings: EPS and revenues exceed analyst expectations First quarter 2026 results: EPS: US$0.96 (up from US$0.47 in 1Q 2025). Revenue: US$654.7m (up 17% from 1Q 2025). Net income: US$53.8m (up 109% from 1Q 2025). Profit margin: 8.2% (up from 4.6% in 1Q 2025). Revenue exceeded analyst estimates by 9.1%. Earnings per share (EPS) also surpassed analyst estimates by 47%. Revenue is forecast to grow 5.6% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Consumer Finance industry in the US. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 86 percentage points per year, which is a significant difference in performance. Annonce • Apr 29
Green Dot Corporation to Report Q1, 2026 Results on May 11, 2026 Green Dot Corporation announced that they will report Q1, 2026 results After-Market on May 11, 2026 Reported Earnings • Mar 18
Full year 2025 earnings: EPS misses analyst expectations Full year 2025 results: US$1.79 loss per share (further deteriorated from US$0.50 loss in FY 2024). Revenue: US$2.07b (up 21% from FY 2024). Net loss: US$98.9m (loss widened 270% from FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 44%. Revenue is forecast to grow 7.2% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Consumer Finance industry in the US. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 92 percentage points per year, which is a significant difference in performance. New Risk • Mar 17
New major risk - Revenue and earnings growth Earnings have declined by 49% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company. Annonce • Feb 27
Green Dot Corporation to Report Q4, 2025 Results on Mar 12, 2026 Green Dot Corporation announced that they will report Q4, 2025 results on Mar 12, 2026 Recent Insider Transactions • Nov 29
Independent Director recently sold US$170k worth of stock On the 28th of November, Saturnino Fanlo sold around 13k shares on-market at roughly US$12.61 per share. This transaction amounted to 16% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$268k more than they bought in the last 12 months. Price Target Changed • Nov 25
Price target decreased by 10% to US$16.13 Down from US$18.00, the current price target is an average from 2 analysts. New target price is 36% above last closing price of US$11.83. The company is forecast to post a net loss per share of US$1.24 next year compared to a net loss per share of US$0.50 last year. Annonce • Nov 25
Smith Ventures LLC entered into agreement to acquire Non-bank Financial Technology Business Assets and Operations of Green Dot Corporation (NYSE:GDOT) for $690 million. Smith Ventures LLC entered into agreement to acquire Non-bank Financial Technology Business Assets and Operations of Green Dot Corporation (NYSE:GDOT) for $690 million on November 23, 2025. In a related transaction, CommerceOne Financial Corporation entered into agreement to acquire Bank and Associated Assets and Operations of Green Dot Corporation (NYSE:GDOT) on November 23, 2025. Of that purchase price, $470 million will be distributed to Green Dot shareholders, while $155 million will be invested into the bank to provide additional regulatory capital and liquidity. Approximately $65 million will be used to pay off current indebtedness. Smith Ventures has partnered with TPG Credit, who provided a debt financing commitment.
The transaction is subject to the receipt of required shareholder and regulatory approvals and other customary closing conditions and is expected to close in the second quarter of 2026.
Citigroup Inc. served as financial advisor, and Wachtell, Lipton, Rosen & Katz LLP served as legal advisor to Green Dot Corporation. Stephens Inc. served as financial advisors, and King & Spalding LLP served as legal advisor for Smith Ventures LLC. Alvarez & Marsal Holdings, LLC provided consulting services to Smith Ventures LLC. Annonce • Nov 24
CommerceOne Financial Corporation entered into agreement to acquire Green Dot Corporation (NYSE:GDOT) for approximately $1.1 billion. CommerceOne Financial Corporation entered into agreement to acquire Green Dot Corporation (NYSE:GDOT) for approximately $1.1 billion on November 23, 2025. Upon completion of the acquisition, each share of Green Dot will be exchanged for $8.11 in cash and $11.07 stock in shares, which is approximately 0.2215 shares of the new publicly traded bank holding company. The implied value to shareholders of Green Dot is estimated to be approximately $14.23 – $19.18 per share based on an assumed tangible book value multiple of approximately 1.00x-1.80x applied to the combined bank tangible book value at closing. The implied aggregate value is estimated to be $825 million – $1.1 billion (including $470 million in cash). In a related transaction, Smith Ventures will acquire and privatize Green Dot’s non-bank financial technology business assets and operations, which will continue running as an independent and growth-focused fintech and embedded finance company.
Former Green Dot shareholders will own approximately 72% of the new publicly traded bank holding company, and former CommerceOne shareholders will own approximately 28% of the company. C1 management and board to lead combined BankCo.
The transaction is subject to the receipt of required shareholder, regulatory approvals, effectiveness of registration statement (S-4) and other customary closing conditions and is expected to close in the second quarter of 2026. Committed debt and equity financing of $515 million and $200 million.
Citigroup Inc. (NYSE:C) is serving as financial advisor and Wachtell, Lipton, Rosen & Katz is serving as legal advisor to to Green Dot Corporation.
Performance Trust Capital Partners LLC is serving as financial advisors and Sullivan & Cromwell LLP is serving as legal counsel to CommerceOne. EY Parthenon and Cornerstone Advisors provided consulting services to CommerceOne. Reported Earnings • Nov 11
Third quarter 2025 earnings: Revenues exceed analysts expectations while EPS lags behind Third quarter 2025 results: US$0.56 loss per share (further deteriorated from US$0.15 loss in 3Q 2024). Revenue: US$493.3m (up 21% from 3Q 2024). Net loss: US$30.8m (loss widened 293% from 3Q 2024). Revenue exceeded analyst estimates by 1.7%. Earnings per share (EPS) missed analyst estimates by 115%. Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 14% growth forecast for the Consumer Finance industry in the US. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 82 percentage points per year, which is a significant difference in performance. Annonce • Oct 21
Green Dot Corporation to Report Q3, 2025 Results on Nov 10, 2025 Green Dot Corporation announced that they will report Q3, 2025 results After-Market on Nov 10, 2025 Recent Insider Transactions Derivative • Aug 13
Key Executive notifies of intention to sell stock Chris Ruppel intends to sell 28k shares in the next 90 days after lodging an Intent To Sell Form on the 12th of August. If the sale is conducted around the recent share price of US$12.39, it would amount to US$346k. Since December 2024, Chris' direct individual holding has increased from 167.85k shares to 253.14k. There have been no trades via on-market transactions or options from company insiders in the last 12 months. New Risk • Aug 12
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 5.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company. Reported Earnings • Aug 12
Second quarter 2025 earnings: Revenues exceed analysts expectations while EPS lags behind Second quarter 2025 results: US$0.85 loss per share (further deteriorated from US$0.54 loss in 2Q 2024). Revenue: US$502.5m (up 24% from 2Q 2024). Net loss: US$47.0m (loss widened 64% from 2Q 2024). Revenue exceeded analyst estimates by 2.2%. Earnings per share (EPS) missed analyst estimates significantly. Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Consumer Finance industry in the US. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 78 percentage points per year, which is a significant difference in performance. Price Target Changed • Aug 10
Price target increased by 14% to US$14.00 Up from US$12.25, the current price target is an average from 2 analysts. New target price is 45% above last closing price of US$9.64. Stock is down 4.1% over the past year. The company is forecast to post a net loss per share of US$0.89 next year compared to a net loss per share of US$0.50 last year. Annonce • Jul 22
Green Dot Corporation to Report Q2, 2025 Results on Aug 11, 2025 Green Dot Corporation announced that they will report Q2, 2025 results After-Market on Aug 11, 2025 Price Target Changed • May 13
Price target increased by 14% to US$12.25 Up from US$10.75, the current price target is an average from 4 analysts. New target price is 17% above last closing price of US$10.45. Stock is up 2.2% over the past year. The company is forecast to post a net loss per share of US$0.26 next year compared to a net loss per share of US$0.50 last year. Recent Insider Transactions Derivative • May 11
Key Executive notifies of intention to sell stock Chris Ruppel intends to sell 10k shares in the next 90 days after lodging an Intent To Sell Form on the 9th of May. If the sale is conducted around the recent share price of US$11.00, it would amount to US$112k. Since December 2024, Chris' direct individual holding has decreased from 167.85k shares to 106.31k. There have been no trades via on-market transactions or options from company insiders in the last 12 months. Reported Earnings • May 09
First quarter 2025 earnings: EPS and revenues exceed analyst expectations First quarter 2025 results: EPS: US$0.47 (up from US$0.09 in 1Q 2024). Revenue: US$557.5m (up 24% from 1Q 2024). Net income: US$25.8m (up 443% from 1Q 2024). Profit margin: 4.6% (up from 1.1% in 1Q 2024). Revenue exceeded analyst estimates by 10%. Earnings per share (EPS) also surpassed analyst estimates by 8.5%. Revenue is forecast to grow 14% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Consumer Finance industry in the US. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 66 percentage points per year, which is a significant difference in performance. Annonce • May 09
Green Dot Corporation Reports Impairment Charges for the First Quarter Ended March 31, 2025 Green Dot Corporation reported impairment charges for the first quarter ended March 31, 2025. For the quarter, the company reported impairment of long-lived assets of $61,000 against $2,821,000. Annonce • May 08
Green Dot Receives PE Interest The Utah-based fintech Green Dot Corporation (NYSE: GDOT), which provides prepaid debit cards, has attracted interest from PE firms. Green Dot owns a bank, while federal law prohibits PE firms from owning more than 24.9% of a bank. This could complicate the sale process. Green Dot announced in March that it had hired advisors to consider strategic options. Annonce • Apr 15
Green Dot Corporation to Report Q1, 2025 Results on May 08, 2025 Green Dot Corporation announced that they will report Q1, 2025 results After-Market on May 08, 2025 Annonce • Apr 14
Green Dot Corporation, Annual General Meeting, May 22, 2025 Green Dot Corporation, Annual General Meeting, May 22, 2025. Buy Or Sell Opportunity • Mar 03
Now 27% undervalued after recent price drop Over the last 90 days, the stock has fallen 35% to US$6.71. The fair value is estimated to be US$9.22, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.3% over the last 3 years. Meanwhile, the company became loss making. Annonce • Mar 03
Green Dot Corporation Appoints Kim Olson as Chief Risk Offer Green Dot Corporation announced that Kim Olson has joined the company as Chief Risk Officer responsible for overseeing all aspects of Green Dot’s risk management strategy and program execution and reporting directly to the Chief Executive Officer. Olson joins Green Dot from Discover Financial Services where she was the Head of the Office of Remediation, responsible for overseeing and challenging the enterprise’s remediation of significant regulatory matters, including consent orders, since November 2023. She has over 30 years of deep and multi-faceted financial services experience, previously serving as chief risk officer and in senior risk oversight roles at leading global banking organizations, as well as rating agency and professional services experience advising financial institutions on risk management, evolving regulations and strategy. Olson began her career at the Federal Reserve Bank of New York, where she held a variety of senior policy, regulatory and examination roles in banking supervision. Reported Earnings • Feb 28
Full year 2024 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2024 results: US$0.50 loss per share (down from US$0.13 profit in FY 2023). Revenue: US$1.72b (up 15% from FY 2023). Net loss: US$26.7m (down 497% from profit in FY 2023). Revenue exceeded analyst estimates by 1.7%. Earnings per share (EPS) missed analyst estimates by 10%. Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Consumer Finance industry in the US. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 55 percentage points per year, which is a significant difference in performance. Annonce • Feb 04
Green Dot Corporation to Report Q4, 2024 Results on Feb 27, 2025 Green Dot Corporation announced that they will report Q4, 2024 results at 4:00 PM, US Eastern Standard Time on Feb 27, 2025 Price Target Changed • Nov 08
Price target increased by 24% to US$14.25 Up from US$11.50, the current price target is an average from 4 analysts. New target price is 31% above last closing price of US$10.90. Stock is up 41% over the past year. The company is forecast to post a net loss per share of US$0.47 compared to earnings per share of US$0.13 last year. Reported Earnings • Nov 08
Third quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behind Third quarter 2024 results: US$0.15 loss per share (further deteriorated from US$0.12 loss in 3Q 2023). Revenue: US$408.2m (up 16% from 3Q 2023). Net loss: US$7.84m (loss widened 25% from 3Q 2023). Revenue exceeded analyst estimates by 5.1%. Earnings per share (EPS) missed analyst estimates. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Consumer Finance industry in the US. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 38 percentage points per year, which is a significant difference in performance. Buy Or Sell Opportunity • Nov 06
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 50% to US$13.28. The fair value is estimated to be US$10.94, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 3.9% over the last 3 years. Meanwhile, the company became loss making. Annonce • Oct 11
Green Dot Corporation to Report Q3, 2024 Results on Nov 07, 2024 Green Dot Corporation announced that they will report Q3, 2024 results After-Market on Nov 07, 2024 Price Target Changed • Oct 02
Price target increased by 9.3% to US$11.75 Up from US$10.75, the current price target is an average from 4 analysts. New target price is 7.3% above last closing price of US$10.95. Stock is down 18% over the past year. The company is forecast to post a net loss per share of US$0.28 compared to earnings per share of US$0.13 last year. New Risk • Aug 11
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.6% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. This is currently the only risk that has been identified for the company. Reported Earnings • Aug 09
Second quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behind Second quarter 2024 results: US$0.54 loss per share (down from US$0.011 profit in 2Q 2023). Revenue: US$405.8m (up 11% from 2Q 2023). Net loss: US$28.7m (down US$29.3m from profit in 2Q 2023). Revenue exceeded analyst estimates by 5.2%. Earnings per share (EPS) missed analyst estimates significantly. Revenue is forecast to grow 8.9% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Consumer Finance industry in the US. Over the last 3 years on average, earnings per share has fallen by 50% per year but the company’s share price has only fallen by 40% per year, which means it has not declined as severely as earnings. Annonce • Jul 12
Green Dot Corporation to Report Q2, 2024 Results on Aug 08, 2024 Green Dot Corporation announced that they will report Q2, 2024 results at 4:00 PM, US Eastern Standard Time on Aug 08, 2024 Reported Earnings • May 10
First quarter 2024 earnings released: EPS: US$0.09 (vs US$0.69 in 1Q 2023) First quarter 2024 results: EPS: US$0.09 (down from US$0.69 in 1Q 2023). Revenue: US$450.5m (up 8.6% from 1Q 2023). Net income: US$4.75m (down 87% from 1Q 2023). Profit margin: 1.1% (down from 8.7% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.5% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Consumer Finance industry in the US. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has fallen by 38% per year, which means it is performing significantly worse than earnings. Buy Or Sell Opportunity • Apr 05
Now 23% undervalued after recent price drop Over the last 90 days, the stock has fallen 4.3% to US$8.38. The fair value is estimated to be US$10.84, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.8% over the last 3 years. Earnings per share has grown by 16%. Revenue is forecast to grow by 14% in 2 years. Earnings are forecast to grow by 611% in the next 2 years. Annonce • Mar 27
Green Dot Corporation Appoints Robert Millard to the Board of Directors Green Dot Corporation announced the appointment of Robert Millard to its Board of Directors, effective March 25, 2024. Mr. Millard is currently Chief Financial Officer at CHG Healthcare, where he plays a key role in the company’s strategic vision and execution and is responsible for all elements of financial management as well as CHG’s legal and risk functions. Prior to CHG, Millard served as CFO at Earnest and as CFO for GE Capital Bank. Mr. Millard has served on Green Dot Bank’s Board of Directors since 2017. Recent Insider Transactions • Mar 14
Chief Revenue Officer recently bought US$299k worth of stock On the 11th of March, Chris Ruppel bought around 33k shares on-market at roughly US$9.06 per share. This transaction amounted to 48% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Annonce • Mar 06
Green Dot Appoints Melissa Douros as Chief Product Officer Green Dot Corporation 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. Prior to joining Green Dot, Douros was vice president of digital experience at Discover Financial Services, where she led an enterprise-wide digital transformation for the company during a period of rapid business growth. Prior to Discover, Douros also held senior digital product roles at Great Wolf Resorts Inc. and E*TRADE. Following the completion of a comprehensive, multi-year processor conversion to transform the company into a more efficient, nimble and powerful platform company, Green Dot is now focused on operational excellence and growth. Douros will lead the team building experiences, features and functionality for Green Dot’s wide variety of customers, which includes direct customers of its digital bank GO2bank, its BaaS partners (including recent additions Dayforce, Stockpile and Credibly), and more. New Risk • Feb 29
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 66% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.4% net profit margin). Shareholders have been diluted in the past year (2.2% increase in shares outstanding). Reported Earnings • Feb 28
Full year 2023 earnings: EPS misses analyst expectations Full year 2023 results: EPS: US$0.13 (down from US$1.20 in FY 2022). Revenue: US$1.50b (up 3.4% from FY 2022). Net income: US$6.72m (down 90% from FY 2022). Profit margin: 0.4% (down from 4.4% in FY 2022). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 75%. Revenue is forecast to grow 6.7% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Consumer Finance industry in the US. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 44% per year, which means it is significantly lagging earnings. Annonce • Feb 27
Green Dot Corporation Announces Appointment of Michael Meston as Chief Human Resources Officer Green Dot Corporation 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. Prior to joining Green Dot, Meston was vice president and head of human resources for the BNANO group at Bruker Corporation, a global provider of life science research and diagnostic solutions. Prior to Bruker Corporation, Meston held senior human resources roles at Dexcom, Western Digital and Intel across the United States and Asia. Headquartered in Austin, Texas, Green Dot has operated in a mostly remote “work from anywhere” model in the U.S. since 2020 in order to attract top talent aligned with its mission and values and maximize the benefits of remote work for employees. Having recently completed a comprehensive, multi-year processor conversion to transform the company into a more efficient, nimble and powerful platform company, Green Dot is now focused on operational excellence and growth. The company recently announced the addition of several new banking-as-a-service (BaaS) partners including Dayforce, Stockpile, Credibly and others. Buy Or Sell Opportunity • Feb 20
Now 20% undervalued The stock has been flat over the last 90 days, currently trading at US$8.33. The fair value is estimated to be US$10.45, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.8% over the last 3 years. Earnings per share has grown by 23%. Revenue is forecast to grow by 8.3% in 2 years. Earnings are forecast to grow by 73% in the next 2 years. Annonce • Jan 30
Green Dot Corporation to Report Q4, 2023 Results on Feb 27, 2024 Green Dot Corporation announced that they will report Q4, 2023 results After-Market on Feb 27, 2024 Annonce • Dec 09
Green Dot Corporation Announces Resignation of Rajeev V. Date as Member of the Board of Directors and Nominating and Corporate Governance Committee and Risk Committee, Effective December 31, 2023 On December 6, 2023, Rajeev V. Date, a member of the Board of Directors of Green Dot Corporation and a member of the Nominating and Corporate Governance Committee and Risk Committee notified the Board that he was resigning from the Board effective December 31, 2023. Valuation Update With 7 Day Price Move • Nov 16
Investor sentiment deteriorates as stock falls 30% After last week's 30% share price decline to US$8.28, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 6x in the Consumer Finance industry in the US. Total loss to shareholders of 84% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$10.39 per share. Annonce • Nov 11
Green Dot Corporation Updates Unaudited Earnings Guidance for the Fiscal Year 2023 Green Dot Corporation updated unaudited earnings guidance for the fiscal year 2023. For the year, the company expected total operating revenues to be in the range of $1,482 million to $1,497 million; Net income to be in the range of $22.0 million to $25.7 million; GAAP Diluted earnings per share to be in the range of $0.42 to $0.49. New Risk • Nov 10
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 27% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. This is currently the only risk that has been identified for the company. Buying Opportunity • Nov 10
Now 27% undervalued after recent price drop Over the last 90 days, the stock is down 52%. The fair value is estimated to be US$10.61, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.8% over the last 3 years. Earnings per share has grown by 23%. Revenue is forecast to grow by 7.9% in 2 years. Earnings is forecast to grow by 21% in the next 2 years. Annonce • Oct 20
Green Dot Corporation to Report Q3, 2023 Results on Nov 09, 2023 Green Dot Corporation announced that they will report Q3, 2023 results After-Market on Nov 09, 2023 Price Target Changed • Oct 19
Price target decreased by 15% to US$18.17 Down from US$21.33, the current price target is an average from 6 analysts. New target price is 52% above last closing price of US$11.97. Stock is down 33% over the past year. The company is forecast to post earnings per share of US$0.69 for next year compared to US$1.20 last year. Price Target Changed • Oct 18
Price target decreased by 7.6% to US$20.17 Down from US$21.83, the current price target is an average from 6 analysts. New target price is 64% above last closing price of US$12.31. Stock is down 35% over the past year. The company is forecast to post earnings per share of US$0.69 for next year compared to US$1.20 last year. Annonce • Oct 07
Green Dot Corporation Announces Board Changes Green Dot Corporation announced the appointment of Michelleta (Mich) Razon to its Board of Directors, effective immediately. Ms. Razon most recently served as Vice President, General Manager and Head of Commerce at Google Cloud, Google’s suite of cloud computing tools and services used by consumers and businesses to enhance productivity and workflow. Before joining Google in 2021, Mich worked for Mastercard®, where she most recently served as Executive Vice President of Software Engineering for Commercial and B2B Services. Prior to joining Mastercard, Mich held various technical leadership positions at Teradata from 2008 to 2014. In addition to Mich’s appointment, Green Dot announced that Peter Feld will be resigning from the Board of Directors, effective immediately. New Risk • Aug 04
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 22% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. This is currently the only risk that has been identified for the company. Reported Earnings • Aug 04
Second quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind Second quarter 2023 results: EPS: US$0.011 (down from US$0.28 in 2Q 2022). Revenue: US$365.6m (flat on 2Q 2022). Net income: US$578.0k (down 96% from 2Q 2022). Profit margin: 0.2% (down from 4.1% in 2Q 2022). Revenue exceeded analyst estimates by 7.9%. Earnings per share (EPS) missed analyst estimates by 92%. Revenue is forecast to grow 1.1% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Consumer Finance industry in the US. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has fallen by 32% per year, which means it is significantly lagging earnings. Annonce • Jul 23
Green Dot Corporation Announces Resignation of Jeffrey Osher as Member of the Board of Directors, Member of the Audit Committee and Nominating and Corporate Governance Committee, Effective July 31, 2023 On July 17, 2023, Jeffrey Osher, a member of the Board of Directors of Green Dot Corporation and a member of the Audit Committee and Nominating and Corporate Governance Committee notified the Board that he was resigning from the Board, the Audit Committee and the Nominating and Corporate Governance Committee effective July 31, 2023. Annonce • Jul 14
Green Dot Corporation to Report Q2, 2023 Results on Aug 03, 2023 Green Dot Corporation announced that they will report Q2, 2023 results After-Market on Aug 03, 2023 Annonce • Jun 25
Green Dot Corporation(NYSE:GDOT) dropped from Russell 2000 Growth-Defensive Index Green Dot Corporation(NYSE:GDOT) dropped from Russell 2000 Growth-Defensive Index Major Estimate Revision • May 11
Consensus EPS estimates increase by 137% The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate increased from US$0.365 to US$0.865. Revenue forecast steady at US$1.42b. Net income forecast to shrink 19% next year vs 10% growth forecast for Consumer Finance industry in the US . Consensus price target of US$20.50 unchanged from last update. Share price rose 5.4% to US$17.24 over the past week. Reported Earnings • May 06
First quarter 2023 earnings: EPS and revenues exceed analyst expectations First quarter 2023 results: EPS: US$0.69 (down from US$0.70 in 1Q 2022). Revenue: US$414.7m (up 3.5% from 1Q 2022). Net income: US$36.0m (down 6.3% from 1Q 2022). Profit margin: 8.7% (in line with 1Q 2022). Revenue exceeded analyst estimates by 5.9%. Earnings per share (EPS) also surpassed analyst estimates by 28%. Revenue is forecast to grow 2.4% p.a. on average during the next 2 years, compared to a 6.9% growth forecast for the Consumer Finance industry in the US. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Mar 10
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to US$16.01, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 7x in the Consumer Finance industry in the US. Total loss to shareholders of 43% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$9.64 per share. Major Estimate Revision • Mar 02
Consensus EPS estimates increase by 19% The consensus outlook for earnings per share (EPS) in fiscal year 2023 has improved. 2023 revenue forecast increased from US$1.36b to US$1.41b. EPS estimate increased from US$0.623 to US$0.74 per share. Net income forecast to shrink 43% next year vs 13% decline forecast for Consumer Finance industry in the US. Consensus price target of US$20.43 unchanged from last update. Share price rose 6.9% to US$19.01 over the past week. Price Target Changed • Feb 27
Price target decreased by 11% to US$20.43 Down from US$22.88, the current price target is an average from 7 analysts. New target price is 13% above last closing price of US$18.11. Stock is down 37% over the past year. The company is forecast to post earnings per share of US$0.74 for next year compared to US$1.20 last year. Reported Earnings • Feb 24
Full year 2022 earnings: EPS and revenues exceed analyst expectations Full year 2022 results: EPS: US$1.20 (up from US$0.87 in FY 2021). Revenue: US$1.45b (up 1.1% from FY 2021). Net income: US$64.2m (up 36% from FY 2021). Profit margin: 4.4% (up from 3.3% in FY 2021). Revenue exceeded analyst estimates by 1.4%. Earnings per share (EPS) also surpassed analyst estimates by 27%. Revenue is forecast to stay flat during the next 2 years compared to a 9.9% growth forecast for the Consumer Finance industry in the US. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has fallen by 20% per year, which means it is performing significantly worse than earnings. Annonce • Jan 20
Green Dot Corporation to Report Q4, 2022 Results on Feb 23, 2023 Green Dot Corporation announced that they will report Q4, 2022 results at 4:00 PM, US Eastern Standard Time on Feb 23, 2023 Price Target Changed • Nov 16
Price target decreased to US$23.75 Down from US$28.25, the current price target is an average from 8 analysts. New target price is 20% above last closing price of US$19.78. Stock is down 55% over the past year. The company is forecast to post earnings per share of US$0.94 for next year compared to US$0.87 last year. Reported Earnings • Nov 10
Third quarter 2022 earnings: EPS and revenues exceed analyst expectations Third quarter 2022 results: EPS: US$0.089 (down from US$0.13 in 3Q 2021). Revenue: US$343.7m (up 1.3% from 3Q 2021). Net income: US$4.70m (down 36% from 3Q 2021). Profit margin: 1.4% (down from 2.1% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 2.2%. Earnings per share (EPS) also surpassed analyst estimates by 157%. Revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the Consumer Finance industry in the US. Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings. Price Target Changed • Sep 10
Price target decreased to US$30.50 Down from US$32.89, the current price target is an average from 8 analysts. New target price is 44% above last closing price of US$21.21. Stock is down 58% over the past year. The company is forecast to post earnings per share of US$1.05 for next year compared to US$0.87 last year. Price Target Changed • Aug 15
Price target decreased to US$32.22 Down from US$35.33, the current price target is an average from 9 analysts. New target price is 38% above last closing price of US$23.39. Stock is down 49% over the past year. The company is forecast to post earnings per share of US$1.00 for next year compared to US$0.87 last year. Price Target Changed • Aug 06
Price target decreased to US$32.67 Down from US$35.50, the current price target is an average from 9 analysts. New target price is 33% above last closing price of US$24.52. Stock is down 49% over the past year. The company is forecast to post earnings per share of US$1.00 for next year compared to US$0.87 last year. Reported Earnings • Aug 05
Second quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behind Second quarter 2022 results: EPS: US$0.28 (down from US$0.46 in 2Q 2021). Revenue: US$362.7m (down 1.8% from 2Q 2021). Net income: US$15.0m (down 39% from 2Q 2021). Profit margin: 4.1% (down from 6.7% in 2Q 2021). Revenue missed analyst estimates by 1.9%. Earnings per share (EPS) exceeded analyst estimates by 23%. Over the next year, revenue is forecast to grow 3.1%, compared to a 17% growth forecast for the industry in the US. Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings. Valuation Update With 7 Day Price Move • Jun 16
Investor sentiment deteriorated over the past week After last week's 16% share price decline to US$24.47, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 5x in the Consumer Finance industry in the US. Total loss to shareholders of 48% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$16.20 per share. Recent Insider Transactions • Jun 03
Independent Director recently sold US$181k worth of stock On the 31st of May, Rajeev Date sold around 6k shares on-market at roughly US$29.20 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$475k more than they bought in the last 12 months. Valuation Update With 7 Day Price Move • May 18
Investor sentiment improved over the past week After last week's 16% share price gain to US$28.75, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 6x in the Consumer Finance industry in the US. Total loss to shareholders of 42% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$15.92 per share. Reported Earnings • May 06
First quarter 2022 earnings: EPS exceeds analyst expectations First quarter 2022 results: EPS: US$0.71 (up from US$0.47 in 1Q 2021). Revenue: US$400.5m (up 1.8% from 1Q 2021). Net income: US$38.6m (up 52% from 1Q 2021). Profit margin: 9.6% (up from 6.5% in 1Q 2021). The increase in margin was primarily driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 30%. Over the next year, revenue is forecast to stay flat compared to a 14% growth forecast for the industry in the US. Over the last 3 years on average, earnings per share has fallen by 50% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings. Board Change • Apr 27
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Chief Finance & Operating Officer and Director George Gresham was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.