Earnings summaries and quarterly performance for GREEN DOT.
Executive leadership at GREEN DOT.
Board of directors at GREEN DOT.
Research analysts who have asked questions during GREEN DOT earnings calls.
Cristopher Kennedy
William Blair & Company
4 questions for GDOT
Also covers: ALKT, AXP, CTLP +14 more
Logan W Lillehaug
Craig-Hallum Capital Group LLC
3 questions for GDOT
Also covers: AGYS, APLD, GSAT +4 more
Timothy Switzer
KBW
3 questions for GDOT
Also covers: CASH, CIVB, CNOB +14 more
Mark Feldman
William Blair & Company
2 questions for GDOT
Also covers: CTLP, MLNK, QTWO
Ramsey El-Assal
Barclays
2 questions for GDOT
Also covers: ACN, ADP, AFRM +20 more
George Sutton
Craig-Hallum
1 question for GDOT
Also covers: ACIW, AEYE, AGYS +26 more
Shray Gurtata
Barclays
1 question for GDOT
Also covers: WEX
Recent press releases and 8-K filings for GDOT.
Green Dot Corporation Enters Merger and Separation Agreements
GDOT
M&A
- Green Dot Corporation entered into a Merger Agreement and a Separation Agreement on November 23, 2025, with CommerceOne Financial Corporation and Green Dot OpCo, LLC (OpCo).
- The Merger Agreement outlines a series of mergers where Green Dot will ultimately merge into a subsidiary of CommerceOne, with New CommerceOne surviving as "CommerceOne Financial Corporation".
- Concurrently, the Separation Agreement provides for Green Dot to convert into a limited liability company, distribute Green Dot Bank to a CommerceOne subsidiary, and OpCo to acquire Green Dot's non-bank financial technology and related assets and operations.
- Green Dot shareholders will receive 0.2215 shares of New CommerceOne Common Stock and $8.11 in cash for each share of Green Dot Class A and Class B Common Stock.
- Both the Merger Agreement and the Separation Agreement were unanimously approved by Green Dot's board of directors.
Nov 26, 2025, 10:15 PM
Green Dot Details Strategic Transformation and Proposed Transactions
GDOT
M&A
New Projects/Investments
- Green Dot Corporation is undertaking a two-part strategic transformation involving proposed transactions with Commerce One Financial Corporation and affiliates of Smith Ventures LLC, leading to the formation of a combined company, "New Commerce One".
- The transaction includes a $155 million capital infusion and is expected to result in $6 billion in combined total assets and an ~11% Tier 1 Leverage at close. The long-term target for Return on Average Tangible Common Equity (ROATCE) for the combined BankCo is ~15%.
- A long-term commercial partnership is established, allowing the combined BankCo to benefit from the embedded finance opportunity, with an expected ~$30 million+ annual fee income and ~25%+ expected CAGR in sponsor fees over a 7-year initial agreement term.
- Commerce One Financial Corporation, founded in 2018 and headquartered in Birmingham, AL, is a bank holding company primarily engaged in commercial banking operations. As of September 2025, it reported an LTM ROATCE of ~15%, an LTM Efficiency Ratio of ~40%, and a Net Income CAGR of ~47% since 2020.
Nov 24, 2025, 1:30 PM
Green Dot Announces Transaction with Smith Ventures and CommerceOne
GDOT
M&A
New Projects/Investments
- Green Dot has announced a strategic transaction where its non-bank embedded finance business (consumer, B2B, and money movement segments) will be acquired by Smith Ventures for $690 million in cash.
- Concurrently, CommerceOne will acquire Green Dot Bank and become a publicly traded bank holding company.
- Green Dot shareholders will receive $8.11 in cash plus 0.2215 shares of the new CommerceOne per Green Dot share, representing an approximate total value of $14.23 per share.
- The new CommerceOne entity is projected to have a pro forma tangible book value of approximately $490 million, with Green Dot shareholders owning approximately 72%.
- A seven-year commercial agreement will be established, making CommerceOne the exclusive provider of bank sponsorship services to the embedded finance platform. The transaction is anticipated to close in the second quarter of 2026, subject to customary approvals.
Nov 24, 2025, 1:30 PM
Green Dot announces transaction with Smith Ventures and CommerceOne
GDOT
M&A
New Projects/Investments
Takeover Bid
- Green Dot announced a transaction to sell its non-bank embedded finance business (consumer, B2B, and money movement segments) to Smith Ventures for $690 million in cash.
- Concurrently, CommerceOne Bank will acquire Green Dot Bank and become a publicly traded bank holding company.
- Green Dot shareholders will receive $8.11 in cash and 0.2215 shares of the new CommerceOne per Green Dot share, valuing the total consideration at approximately $14.23 per share.
- The new CommerceOne entity is expected to have a pro forma tangible book value of approximately $490 million and will enter a seven-year commercial agreement to be the exclusive bank sponsor for the embedded finance platform.
- The deal is anticipated to close in the second quarter of 2026, subject to customary closing conditions, including shareholder and regulatory approvals.
Nov 24, 2025, 1:30 PM
Green Dot Corp. Announces Strategic Transactions with Smith Ventures and CommerceOne Financial Corp.
GDOT
M&A
Takeover Bid
- Green Dot Corporation has entered into agreements for Smith Ventures to acquire its non-bank financial technology business and for CommerceOne Financial Corporation to acquire Green Dot Bank.
- Under the terms, Green Dot shareholders will receive $8.11 in cash and 0.2215 shares of the new publicly traded bank holding company for each share of Green Dot.
- The implied value to Green Dot shareholders is estimated to be $14.23 - $19.18 per share, with an implied aggregate value of $825 million - $1.1 billion.
- Smith Ventures will acquire Green Dot's non-bank assets for $690 million in an all-cash transaction, of which $470 million will be distributed to Green Dot shareholders and $155 million will be invested into the bank for regulatory capital.
- The transactions are expected to close in the second quarter of 2026, pending required shareholder and regulatory approvals.
Nov 24, 2025, 12:48 PM
Rekor Systems Reports Record Q3 2025 Financial Results
GDOT
Earnings
Revenue Acceleration/Inflection
New Projects/Investments
- Rekor Systems achieved record quarterly revenue of $14.2 million and expanded its adjusted gross margin to 63% for the three months ended September 30, 2025.
- The company significantly reduced its adjusted EBITDA loss to $1.5 million and decreased operating expenses by 26% sequentially and 20% year over year for the quarter ended September 30, 2025.
- Rekor secured its largest statewide contract to date with the Georgia Department of Transportation (GDOT), valued at a minimum of $50 million over eight years, with the potential to increase to over $100 million.
- For the three months ended September 30, 2025, the net loss was $(4,149) thousand, resulting in a loss per common share of $(0.03).
Nov 13, 2025, 9:03 PM
Green Dot Reports Strong Q3 2025 Revenue Growth and Raises Full-Year Guidance
GDOT
Earnings
Guidance Update
Product Launch
- Green Dot reported Q3 2025 non-GAAP adjusted revenue growth of 21% year-over-year, with adjusted EBITDA declining 17% but performing better than internal projections.
- The company raised its full-year 2025 non-GAAP guidance, now expecting adjusted EBITDA of $165 million-$175 million and non-GAAP EPS of $1.31-$1.44, while revenue guidance remains consistent at $2 billion-$2.1 billion.
- Key business developments include the launch of Crypto.com's Cash Earn feature, new partnerships with Stripe for SMB cash deposits, and Workday for Earned Wage Access, alongside new signings with Amscot and upcoming launches with Dole FinTech and Credit Sesame.
- The B2B segment's revenue grew over 30%, driven by its Banking-as-a-Service (BAS) channel, and the company ceased operations in Shanghai to streamline operations and reduce risks.
Nov 10, 2025, 10:00 PM
GDOT Announces Q3 2025 Results and Updates 2025 Guidance
GDOT
Earnings
Guidance Update
Revenue Acceleration/Inflection
- GDOT's Non-GAAP Revenue for Q3 2025 increased 21% year-over-year to $492 million, primarily driven by the B2B segment which grew 32% to $364.2 million.
- Adjusted EBITDA for Q3 2025 declined 17% to $23.6 million, and Non-GAAP EPS decreased 54% to $0.06, largely due to a tough comparison with approximately $5 million in non-recurring benefits in Q3 2024.
- The company projects full-year 2025 Non-GAAP Revenue to be between $2.0 billion and $2.1 billion and Adjusted EBITDA between $165 million and $175 million.
Nov 10, 2025, 10:00 PM
Green Dot Reports Strong Q3 2025 Revenue Growth and Raises Full-Year EBITDA and EPS Guidance
GDOT
Earnings
Guidance Update
Product Launch
- Green Dot reported strong Q3 2025 financial results, with non-GAAP revenue growing 21% year-over-year, while adjusted EBITDA declined 17%.
- The company updated its full-year 2025 guidance, now expecting adjusted EBITDA between $165 million-$175 million (up from prior guidance) and non-GAAP EPS between $1.31-$1.44 (up from prior guidance), with non-GAAP revenue guidance remaining consistent at $2 billion-$2.1 billion.
- Strategic partnerships and product launches in Q3 2025 included Crypto.com's Cash Earn feature, real-time payments with Dayforce, a new partnership with Stripe, and new signings with Workday for EWA and Amscot.
- The B2B segment continued to drive growth, with revenue increasing just over 30% in Q3 2025, while the company also ceased operations in Shanghai as part of efforts to optimize platforms and reduce operational risks.
Nov 10, 2025, 10:00 PM
Green Dot Reports Q3 2025 Results and Updates Full-Year Guidance
GDOT
Earnings
Guidance Update
Product Launch
- Green Dot reported Q3 2025 non-GAAP revenue growth of 21% year-over-year, with adjusted EBITDA declining 17%.
- The company updated its full-year 2025 guidance, raising adjusted EBITDA to $165 million-$175 million and non-GAAP EPS to $1.31-$1.44, while maintaining non-GAAP revenue guidance of $2 billion-$2.1 billion.
- Key business developments in Q3 2025 included the launch of Crypto.com's Cash Earn feature, real-time payments with Dayforce, and new partnerships with Stripe and Workday.
- The B2B segment's revenue grew by just over 30%, driven by the Banking-as-a-Service (BAS) channel, and the company ceased operations in Shanghai to optimize platforms and reduce operational and geopolitical risks.
Nov 10, 2025, 10:00 PM
Quarterly earnings call transcripts for GREEN DOT.
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