Profile
Sector:
Financial ServicesIndustry:
Credit ServicesCountry:
United StatesIPO:
22 July 2010Website:
http://www.greendot.comNext earnings report:
27 February 2025Last dividends:
N/ANext dividends:
N/APrice
after hours | Tue, 19 Nov 2024 23:59:35 GMTDividend
Analysts recommendations
Institutional Ownership
GDOT Latest News
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.
GDOT's third-quarter 2024 revenues increase primarily from the performance of the B2B Services segment.
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 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.
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 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.
Green Dot (GDOT) witnesses growth in the B2B and Money Movement Services segments in the second quarter of 2024.
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.
GO2bank will be the key driver of Green Dot's (GDOT) revenues going forward.
SAN DIEGO , May 29, 2024 /PRNewswire/ -- The Shareholders Foundation, Inc. announced an update in the lawsuit that is pending for certain investors who purchased shares of Green Dot Corporation (NYSE: GDOT). Investors, who purchased Green Dot Corporation (NYSE: GDOT) shares prior to 2020 and continue to hold any of those NYSE: GDOT shares, have also certain options and should contact the Shareholders Foundation at [email protected] or call +1(858) 779 - 1554.
What type of business is Green Dot?
Green Dot Corporation is a developer of innovations in the field of financial technology, focused on consumer convenience and comfort. The company is a provider of reloadable prepaid debit cards and balance reload services in the United States. Green Dot Corporation was registered in 1999, with its headquarters located in Pasadena, California. The "Account Services" segment offers proprietary deposit account programs, including reloadable general-purpose card accounts under the Green Dot brand and related brands; checking accounts, universal gift cards, and secured credit cards. The Company's processing and settlement services include cashing services, which consist of replenishment and payments services for Form 1099 reporting, as well as processing services for tax refund amounts.
What sector is Green Dot in?
Green Dot is in the Financial Services sector
What industry is Green Dot in?
Green Dot is in the Credit Services industry
What country is Green Dot from?
Green Dot is headquartered in United States
When did Green Dot go public?
Green Dot initial public offering (IPO) was on 22 July 2010
What is Green Dot website?
https://www.greendot.com
Is Green Dot in the S&P 500?
No, Green Dot is not included in the S&P 500 index
Is Green Dot in the NASDAQ 100?
No, Green Dot is not included in the NASDAQ 100 index
Is Green Dot in the Dow Jones?
No, Green Dot is not included in the Dow Jones index
When was Green Dot the previous earnings report?
No data
When does Green Dot earnings report?
The next expected earnings date for Green Dot is 27 February 2025