GDOT Stock Recent News

The Green Dot stock is benefiting from its longstanding relationship with Walmart and strong balance sheet position.

Green Dot is undervalued with a 17% FCF yield, poised for positive organic growth and new customer wins starting Q4 2024. The company's net interest income will increase as legacy mortgages roll off, boosting profitability by $35 million annually. Strong market positions in six business lines, with significant potential in Banking-As-A-Service and Direct Consumer segments.

New Collaboration with Green Dot Enables Cash Deposits at Over 7,500 CVS Pharmacy Locations AUSTIN, Texas and SAN FRANCISCO , Dec. 20, 2024 /PRNewswire/ -- Varo Bank , the first all-digital nationally chartered bank in the U.S., today announced a collaboration with Green Dot Corporation  (NYSE: GDOT) and CVS Health  (NYSE: CVS) to enable deposits for no fee for millions of Varo Bank customers at over 7,500 participating CVS Pharmacy locations nationwide. 1  Utilizing Green Dot's embedded finance platform (Arc) and expansive money movement network, the "Green Dot Network," Varo customers can now deposit cash at participating CVS Pharmacy locations 2  with zero fees.

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.

Green Dot Corporation (NYSE:GDOT ) Q2 2024 Earnings Conference Call August 8, 2024 5:00 PM ET Company Participants Tim Willi - Senior Vice President, Finance George Gresham - Chief Executive Officer Jess Unruh - Chief Financial Officer Conference Call Participants Ramsey El-Assal - Barclays Tim Switzer - KBW James Rush - Craig-Hallum Operator Good afternoon, and welcome to the Green Dot Second Quarter 2024 Conference Call. [Operator Instructions] Please note, this event is being recorded.

The headline numbers for Green Dot (GDOT) give insight into how the company performed in the quarter ended June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Green Dot (GDOT) came out with quarterly earnings of $0.25 per share, missing the Zacks Consensus Estimate of $0.28 per share. This compares to earnings of $0.37 per share a year ago.

Get a deeper insight into the potential performance of Green Dot (GDOT) for the quarter ended June 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.