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Green Dot Corporation - GDOT STOCK NEWS

Welcome to our dedicated page for Green Dot Corporation news (Ticker: GDOT), a resource for investors and traders seeking the latest updates and insights on Green Dot Corporation stock.

Green Dot Corporation (symbol: GDOT) is a leading financial technology company that, along with its wholly-owned subsidiary Green Dot Bank, aims to innovate personal banking for the broader population. Known for inventing the prepaid debit card industry, Green Dot remains the largest provider of reloadable prepaid debit cards and cash reload processing services in the United States.

Green Dot is also a pioneer in mobile banking technology, offering the award-winning GoBank mobile checking account. Through its wholly-owned subsidiary TPG, it stands as the largest processor of tax refund disbursements in the U.S.

The company's products and services are accessible through a vast

News

More Businesses Are Powering Their Employees with Innovative Payroll Solutions from rapid!

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Green Dot's (NYSE: GDOT) subsidiary, rapid!, has expanded its portfolio to over 7,000 employer customers, adding nearly 1,300 new businesses in 2023.

New partnerships with Elevanta, TempWorks, and isolved will serve an estimated four million additional employees.

rapid! provides innovative payroll solutions, including earned wage access (EWA), which is shown to enhance recruitment, retention, and financial wellness.

Surveys indicate that EWA is highly valued by employees, aiding them in timely bill payments and savings, and leading to significant HR benefits for employers.

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Green Dot Reports First Quarter 2024 Results

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Green Dot (NYSE: GDOT) reported improved momentum in its Banking as a Service (BaaS) division and a strong start to the tax season. The company's financial results for the quarter ended March 31, 2024, showed a 9% increase in total operating revenues compared to the previous year. However, net income and diluted earnings per share saw an 87% decline. Green Dot reaffirmed its financial guidance for 2024, considering various factors like macro-economic conditions, regulatory initiatives, and the impact of partnership non-renewals.

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Green Dot Appoints Renata Caine to Lead Banking as a Service

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Green Dot appoints Renata Caine as General Manager of Banking as a Service, aiming to enhance embedded finance solutions for partners and drive growth.
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Green Dot to Announce First Quarter 2024 Results on May 9th

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Green Dot (GDOT) will discuss first quarter 2024 financial results in a conference call and earnings webcast on May 9th, 2024. The press release will be issued after the market closes. Investors can access the live webcast on Green Dot's investor relations website.
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Green Dot Appoints Robert Millard to its Board of Directors

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Green Dot appoints Robert Millard to its Board of Directors, bringing strategic and financial expertise to enhance the digital bank and fintech's growth.
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Neobanks and Other Fintechs Join Green Dot Network to Enable Cash Transactions for Customers

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Green Dot Corporation partners with REPAY, FACEBANK, and Pana to offer affordable cash services through their extensive retail network, catering to the high demand for cash transactions in the U.S.
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Green Dot Appoints Melissa Douros as Chief Product Officer

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Green Dot Corporation appoints Melissa Douros as Chief Product Officer to lead product design and development team, focusing on enhancing banking solutions for consumers and businesses. Douros brings extensive experience in digital transformation strategy from previous roles at Discover Financial Services, Great Wolf Resorts, Inc., and E*TRADE.
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Green Dot Reports Fourth Quarter and Full Year 2023 Results

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Green Dot Corporation (NYSE: GDOT) reports financial results for Q4 and FY 2023, focusing on growth with momentum expected to improve in 2024. The company completed a processor conversion, streamlined costs, and announced new partners in BaaS and retail channels. Despite a net loss in 2023, Green Dot aims for revenue and adjusted EBITDA growth in 2024.
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Green Dot Appoints Michael Meston as Chief Human Resources Officer

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Green Dot Corporation appoints Michael Meston as Chief Human Resources Officer to drive the company's evolution towards a performance-driven platform in a remote work model. Meston brings extensive HR experience to support Green Dot's workforce and growth in the fintech industry.
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Green Dot to Announce Fourth Quarter 2023 Results on February 27th

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Green Dot Corporation (GDOT) will host a conference call and earnings webcast to discuss fourth quarter 2023 financial results on February 27th, 2024. The press release with the financial results will be issued after the market closes on the same day. The live webcast can be accessed from Green Dot’s investor relations website, with a replay available afterward.
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FAQ

What is the current stock price of Green Dot Corporation (GDOT)?

The current stock price of Green Dot Corporation (GDOT) is $8.9 as of February 4, 2025.

What is the market cap of Green Dot Corporation (GDOT)?

The market cap of Green Dot Corporation (GDOT) is approximately 470.1M.

What does Green Dot Corporation do?

Green Dot Corporation provides financial technology services, including prepaid debit cards, mobile banking, and tax refund processing.

How does Green Dot Corporation generate revenue?

Green Dot generates revenue through its Consumer Services, Business to Business Services (B2B), and Money Movement Services segments.

What is Green Dot's most significant market offering?

Green Dot is the largest provider of reloadable prepaid debit cards and cash reload processing services in the U.S.

What is GoBank?

GoBank is an award-winning mobile checking account offered by Green Dot, known for its advanced mobile banking features.

Where can I access Green Dot’s products and services?

Green Dot’s products are available at over 100,000 locations, including retailers, financial service centers, tax preparation offices, online platforms, and app stores.

What is Green Dot Bank?

Green Dot Bank is a wholly-owned subsidiary of Green Dot Corporation, providing banking services and products.

What is Green Dot’s role in tax refund processing?

Through its subsidiary TPG, Green Dot is the largest processor of tax refund disbursements in the U.S.

What is the Banking-as-a-Service (BaaS) channel?

BaaS is a platform that enables Green Dot's partners to offer banking products and services to their consumers and workforce.

How does Green Dot support payroll processing?

Green Dot offers a comprehensive payroll platform to facilitate payments for corporate enterprises through its Employer channel.

Why is Green Dot significant in financial technology?

Green Dot is a major innovator in personal banking, providing accessible financial services and pioneering prepaid debit cards and mobile banking.
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Green Dot Corporation

NYSE:GDOT

GDOT Rankings

#3173 Ranked by Market Cap
N/A Ranked by Dividends

GDOT Stock Data

470.10M
52.95M
1.55%
92.24%
3.65%
Credit Services
Finance Services
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United States of America
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