Green Dot Balance Sheet Health
Financial Health criteria checks 5/6
Green Dot has total assets of $5.3B and total equity of $870.6M. Total deposits are $3.7B, and total loans are $43.2M. It earns a Net Interest Margin of 2.3%. It has sufficient allowance for bad loans, which are currently at 4.5% of total loans. Cash and short-term investments are $1.1B.
Key information
6.1x
Asset to equity ratio
2.3%
Net interest margin
Total deposits | US$3.74b |
Loan to deposit ratio | Appropriate |
Bad loans | 4.5% |
Allowance for bad loans | Sufficient |
Current ratio | Low |
Cash & equivalents | US$1.12b |
Recent financial health updates
No updates
Recent updates
Green Dot: Cheap With Some Caveats
Feb 07Green Dot: Current Troubles Are Hiding Future Potential
Nov 24Green Dot's Q2 Leap: Navigating Through The Green
Aug 04Green Dot and Wealthfront Extend join hands to maximize savings and wealth building
Dec 19George Gresham is the new CEO and President of Green Dot
Oct 17Green Dot stock slips after Barclays downgrade as clearer profit view is delayed
Aug 15Green Dot: Undervalued Secular Growth Opportunity
Jun 26Steel City Capital Investments - Green Dot: Wal-Mart's Banking Partner
Feb 28Green Dot Corporation 2021 Q1 - Results - Earnings Call Presentation
May 10Need To Know: Green Dot Corporation (NYSE:GDOT) Insiders Have Been Selling Shares
Mar 14Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: GDOT's Assets to Equity ratio (6.1x) is low.
Allowance for Bad Loans: GDOT has a sufficient allowance for bad loans (565%).
Low Risk Liabilities: 84% of GDOT's liabilities are made up of primarily low risk sources of funding.
Loan Level: GDOT has an appropriate level of Loans to Assets ratio (1%).
Low Risk Deposits: GDOT's Loans to Deposits ratio (1%) is appropriate.
Level of Bad Loans: GDOT has a high level of bad loans (4.5%).