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. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of -10.71%. A quarter ago, it was expected that this bank holding company would post earnings of $0.78 per share when it actually produced earnings of $0.59, delivering a surprise of -24.36%. Over the last four quarters, th ...

Q2 2024 Results August 8th, 2024 Green Dot Corporation Safe Harbor Statement This presentation contains forward-looking statements, which are subject to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements include, among other things, statements regarding Green Dot's business and pipeline momentum, revenue and division trends, timing and impact of partner launches and 2024 guidance and outlook, and other future events that involve risks and uncertainties. Actu ...

Exhibit 99.01 Green Dot Reports Second Quarter 2024 Results Company Sees Growing Momentum in BaaS with Robust Business Pipeline and Key BaaS Partner Renewal, Increases Investments in Regulatory Infrastructure to Position Company for Growth Austin, TX - August 8, 2024 - Green Dot Corporation (NYSE: GDOT), a leading digital bank and fintech that delivers seamless banking and payment tools for consumers and businesses, today reported financial results for the quarter ended June 30, 2024. "It was a solid quarte ...

Wall Street analysts expect Green Dot (GDOT) to post quarterly earnings of $0.28 per share in its upcoming report, which indicates a year-over-year decline of 24.3%. Revenues are expected to be $370.93 million, up 2.7% from the year-ago quarter. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe. Prior to a company's earnings release, it is of utmost impo ...

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. Specifically, the Federal Reserve Board said, the company failed to adequately disclose the tax refund processing fee for tax preparation services offered on a third-party's website; blocked access to the accounts of legitimate customers receiving unemployment benefits; lacked reasonable policies and procedures to help those custo ...

Green Dot Corporation (GDOT) is currently benefiting from strength in its GO2bank business and longstanding relationship with Walmart. Recent platform conversions have positioned the company for annualized cost savings. Future Potential Should Outperform Current Headwinds Green Dot's bottom line stayed weak in the first quarter of 2024 due to the sunsetting of portfolios and higher expenses. We expect the company's bottom line to gain strength going forward, driven by cost savings from platform conversions ...

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 thoseNYSE: GDOT shares, have also certain options and should contact the Shareholders Foundation at [email protected] or call +1(858) 779 - 1554. On December 19, 2019, a lawsuit was filed by an in ...

Green Dot Corporation (GDOT) reported mixed first-quarter 2024 results, with earnings missing the Zacks Consensus Estimate but revenues surpassing the same. The stock has gained 2.2% since the earnings release on May 9 on impressive 2024 revenue guidance. Total operating revenues are anticipated between $1.58 billion and $1.62 billion. The mid-point of the guided range ($1.6 billion) is higher than the Zacks Consensus Estimate of $1.58 billion GDOT's earnings per share (excluding 50 cents from non-recurring ...

Table of Contents ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 __________________________________________________ FORM 10-Q 114 W 7th Street, Suite 240 (Address of principal executive offices, including zip code) (Registrant's telephone number, including area code) Austin, Texas 78701 (626) 765-2000 Securities registered pursuant to Section 12(b) of the Act: For the quarterly period ended Mar ...

Green Dot Corporation (NYSE:GDOT) Q1 2024 Earnings Conference Call May 9, 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 Tim Switzer - KBW Cris Kennedy - William Blair Operator Hello, and welcome to the Green Dot Corp First Quarter 2024 Conference Call. All participants will be in a listen-only mode. [Operator Instructions] Please note, this event is being recorded. I w ...