GDOT

Green Dot Corporation GDOT reported impressive first-quarter 2026 results, with both earnings and revenues beating the Zacks Consensus Estimate. GDOT’s adjusted earnings of $1.12 per share beat the Zacks Consensus Estimate of 88 cents by 27.3% and increased 6% from the year-ago quarter. Total adjusted operating revenues of $652 million surpassed the consensus mark by 9.1% and rose 17% year over year. The upside was driven by strong momentum in the Business to Business (B2B) Services and Money Movement businesses, particularly tax processing and embedded finance operations. However, the better-than-expected results failed to impress investors, as the stock has barely moved since the earnings release on May 11. Green Dot Corporation price-consensus-eps-surprise-chart | Green Dot Corporation Quote Green Dot’s B2B Services revenues increased 22% year over year to $417.5 million in the first quarter of 2026. The improvement was primarily driven by continued strength from a large Banking-as-a-Service (BaaS) partner, as well as growth from existing partners and new launches. BaaS active accounts climbed 17% from the prior-year quarter as the company expanded relationships with partners and introduced new products and services. Gross dollar volume within the division increased 22%, reflecting strong transaction activity across several strategic partners. The rapid! Paycard business remained under pressure due to weakness in the staffing industry. Revenues in the unit declined 12%, while active accounts fell 13%. However, management noted that the pace of decline moderated during the quarter as expense reduction initiatives and earned wage access investments supported profitability. Money Movement Services revenues rose 19% year over year to $130.7 million. The increase was led by tax processing operations, aided by a strong tax season and the launch of a large franchise partner. The Tax Processing division’s revenues jumped 28% despite a 3% decline in tax refunds processed year over year. The business benefited from higher adoption of value-added products and services across its partner network. Money processing revenues declined due to lower transaction activity tied to Green Dot-issued accounts. Revenue-generating cash transfers from GDOT-issued accounts fell 16%, while third-party cash transfer volumes decreased 3%. Per management, excluding two lower-revenue par...

Company Delivers Strong Performance as it Makes Progress Strengthening Fintech Platform and Bank and Prepares for Acquisition by Smith Ventures and CommerceOne PROVO, Utah, May 11, 2026--(BUSINESS WIRE)--Green Dot Corporation (NYSE: GDOT) ("Green Dot"), a financial technology and bank holding company that delivers seamless banking and payments solutions to consumers and businesses of all sizes, today reported its financial results for the quarter ended March 31, 2026. "Our results reflect our hard work to strengthen our platform and pipeline, accelerate momentum in our embedded finance division, and optimize our balance sheet," said William Jacobs, Chief Executive Officer of Green Dot. "These efforts help ensure the company has a strong foundation and ample growth opportunity going forward, as well as in its next chapter with Smith Ventures and CommerceOne." Consolidated Results Summary Cash at the holding company was approximately $34 million as of March 31, 2026. Key Metrics The following table shows Green Dot's quarterly key business metrics for each of the last five calendar quarters on a consolidated basis and by each of its reportable segments. Please refer to Green Dot’s latest Annual Report on Form 10-K for a description of the key business metrics, as well as additional information regarding how Green Dot organizes its business by segment. "We had a strong start to the year led by performance in our tax processing business, and outperformance in several of our other divisions," said Jess Unruh, Chief Financial Officer of Green Dot. "As we continue making investments that support top-line growth, we are also building a culture of cost discipline that helps drive our bottom-line results, as we benefited from modestly lower operating expenses in the quarter." Proposed Transactions with CommerceOne Financial Corporation and Smith Ventures, LLC On November 24, 2025, Green Dot announced that it entered into agreements to be acquired by affiliates of Smith Ventures, LLC ("Smith Ventures") and CommerceOne Financial Corporation ("CommerceOne"). Upon closing of these proposed transactions, Smith Ventures will acquire and privatize Green Dot’s non-bank financial technology business assets and operations (the "FinTech business"), which will continue running as an independent and growth-focused fintech and embedded finance company. Additionally, upon closing of...

Green Dot (GDOT) reported Q1 non-GAAP earnings late Monday of $1.12 per diluted share, up from $1.06

PROVO, Utah (AP) — PROVO, Utah (AP) — Green Dot Corp. (GDOT) on Monday reported first-quarter net income of $53.8 million. The Provo, Utah-based company said it had net income of 93 cents per share. Earnings, adjusted for one-time gains and costs, came to $1.12 per share. The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 88 cents per share. The bank holding company posted revenue of $656.2 million in the period. Its adjusted revenue was $652 million, which also topped Street forecasts. Three analysts surveyed by Zacks expected $597.4 million. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GDOT at https://www.zacks.com/ap/GDOT

Corpay (CPAY) came out with quarterly earnings of $5.8 per share, beating the Zacks Consensus Estimate of $5.5 per share. This compares to earnings of $4.51 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +5.48%. A quarter ago, it was expected that this provider of fuel card and payment products for businesses would post earnings of $5.95 per share when it actually produced earnings of $6.04, delivering a surprise of +1.51%. Over the last four quarters, the company has surpassed consensus EPS estimates three times. Corpay, which belongs to the Zacks Financial Transaction Services industry, posted revenues of $1.26 billion for the quarter ended March 2026, surpassing the Zacks Consensus Estimate by 4.40%. This compares to year-ago revenues of $1.01 billion. The company has topped consensus revenue estimates four times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Corpay shares have added about 1.5% since the beginning of the year versus the S&P 500's gain of 7.6%. While Corpay has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Corpay was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today...

On May 5, 2026, Western Standard disclosed in an SEC filing that it sold 1,232,881 shares of Alphatec Holdings (NASDAQ:ATEC), an estimated $17.95 million trade based on quarterly average pricing. According to an SEC filing dated May 5, 2026, Western Standard reduced its holdings in Alphatec Holdings (NASDAQ:ATEC) by 1,232,881 shares during the first quarter. The estimated value of the shares sold was $17.95 million based on the mean unadjusted close for the quarter. The quarter-end value of the remaining stake reflects a $26.17 million decrease, a figure that includes both share sales and price changes. After this sale, the Alphatec Holdings position accounts for 0.13% of Western Standard's reported U.S. equity assets. Top holdings as of the filing: NYSE:GDOT: $39.79 million (20.9% of AUM) NYSE:CODI: $24.66 million (13.0% of AUM) NYSE:TFX: $22.11 million (11.6% of AUM) NASDAQ:IOSP: $16.56 million (8.7% of AUM) NYSE:OSG: $10.45 million (5.5% of AUM) As of May 4, 2026, Alphatec Holdings shares were priced at $10.33, down 13.8% over one year and underperforming the S&P 500 by 40.54 percentage points. However, shares plunged more than 20% to about $8.12 in after-hours trading on Tuesday following worse-than-expected results. Alphatec offers a portfolio of spinal surgery solutions including neural monitoring systems, minimally invasive access platforms, fixation systems, interbody implants, and biologics The firm generates revenue primarily through the sale of proprietary medical devices and biologics to hospitals and surgical centers, leveraging a direct sales force and independent distributors It serves orthopedic and neurosurgeons specializing in spinal disorders across the United States, with a focus on complex and degenerative spine procedures Alphatec Holdings is a U.S.-based medical technology company specializing in innovative surgical solutions for spinal disorders. The company pursues growth by expanding its differentiated product portfolio and investing in technologies that enhance surgical outcomes and patient safety. Its competitive edge stems from a focus on surgeon-driven innovation and a broad suite of proprietary systems tailored to complex spine procedures. The timing of this disclosure is interesting because it happened not long before Alphatec reported first-quarter results after Tuesday’s market close that very much disappointed investors. Re...

PROVO, Utah, April 28, 2026--(BUSINESS WIRE)--Green Dot Corporation (NYSE: GDOT) will release its first quarter 2026 financial results concurrent with the filing of its Form 10-Q for the period ended March 31, 2026, which will be filed on or before May 11, 2026. In light of Green Dot’s previously announced proposed transaction with CommerceOne Financial Corporation and Smith Ventures LLC, Green Dot will not be hosting an earnings conference call. A press release with the company’s first quarter 2026 financial results, detailed commentary and supporting slides will be issued after the market closes and posted to the company investor relations website at http://ir.greendot.com/. About Green Dot Green Dot Corporation (NYSE: GDOT) is a financial technology platform and registered bank holding company that builds banking and payment solutions to create value, retain and reward customers, and accelerate growth for businesses of all sizes. For more than two decades, Green Dot has delivered financial tools and services that address the most pressing financial needs of consumers and businesses, and that transform the way people and businesses manage and move money. Green Dot delivers a broad spectrum of financial products to consumers and businesses through its portfolio of brands, including: GO2bank, a leading digital and mobile bank account offering simple, secure and useful banking for Americans living paycheck to paycheck; the Green Dot Network ("GDN") of more than 90,000 retail distribution and cash access locations nationwide; Arc by Green Dot, the single-source embedded finance platform combining all of Green Dot’s secure banking and money processing capabilities to power businesses at all stages of growth; rapid! wage and disbursements solutions, providing pay card and earned wage access services to more than 7,000 businesses and their employees; and Santa Barbara Tax Products Group ("SBTPG"), the company’s tax division, which processes on average approximately 13 million tax refunds annually. Founded in 1999, Green Dot has managed more than 80 million accounts to date both directly and through its partners. Green Dot Bank is a subsidiary of Green Dot Corporation and member of the FDIC. For more information about Green Dot’s products and services, please visit www.greendot.com. View source version on businesswire.com: https://www.businesswire.com/news/home/20...

Market-leading acceleration is supported through continued new vertical and geo expansion, product-led growth via expansive R&D investments in AI, and the rapid adoption of Socure’s AI-native RiskOS decisioning platform INCLINE VILLAGE, Nev., April 28, 2026--(BUSINESS WIRE)--Socure, the leading infrastructure for identity and risk intelligence, today announced record first quarter results, closing Q1 2026 with 62% year-over-year total new annual recurring revenue growth, more than $31 million in new bookings and 134% net dollar retention across a base of more than 3,000 customers. These metrics reflect the compounding growth of organizations that deepen their partnership with Socure over time. New and existing customers contributing to this growth include Bolt, Checkr, Coinbase, Federal Student Aid, Green Dot, HealthSherpa, Robinhood, Underdog Fantasy, Uber, and Western Union. Socure is also fueling global expansion for several customers by powering cross-border identity verification and fraud prevention that scales seamlessly across markets and regulatory environments. The infrastructure layer for identity has been missing from the enterprise stack. The fraud environment — more sophisticated, more automated, more globalized — has made that gap impossible to ignore. Socure is building the standard that bridges it, and the results from the first quarter demonstrate that the market is ready. "Identity fraud is professionalizing. Nation-state actors, synthetic identity networks, and AI-generated deepfakes are now operating at enterprise scale," said Johnny Ayers, Founder & CEO, Socure. "Winning in this environment requires that organizations make identity and risk intelligence a single, continuously adaptive layer of infrastructure across their entire digital operation. That's what Socure has built." "The next 12 months will see Socure deepen its presence across verticals where AI-driven fraud poses existential risk," said Matthew Thompson, President & Chief Commercial Officer, Socure. "Socure’s RiskOS platform gets stronger with every customer added to the network, every signal incorporated into the graph, and every new use case that demands a better answer than what existed before." Where the Market Is Moving and Why Socure Is There First Fraud doesn't respect vertical boundaries. Neither does Socure's product performance. Q1 saw continued acceleration across...

Western Union (WU) came out with quarterly earnings of $0.25 per share, missing the Zacks Consensus Estimate of $0.4 per share. This compares to earnings of $0.41 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -37.20%. A quarter ago, it was expected that this money transfer company would post earnings of $0.43 per share when it actually produced earnings of $0.45, delivering a surprise of +4.65%. Over the last four quarters, the company has surpassed consensus EPS estimates two times. Western Union, which belongs to the Zacks Financial Transaction Services industry, posted revenues of $982.7 million for the quarter ended March 2026, surpassing the Zacks Consensus Estimate by 1.70%. This compares to year-ago revenues of $983.6 million. The company has topped consensus revenue estimates two times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Western Union shares have added about 0.2% since the beginning of the year versus the S&P 500's gain of 3.8%. While Western Union has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Western Union was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today'...

It has been about a month since the last earnings report for Green Dot (GDOT). Shares have added about 4.3% in that time frame, outperforming the S&P 500. Will the recent positive trend continue leading up to its next earnings release, or is Green Dot due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the latest earnings report in order to get a better handle on the important drivers. Green Dot reported a fourth-quarter 2025 loss (excluding 76 cents from non-recurring items) of 8 cents per share. Revenues of $519.7 million beat the Zacks Consensus Estimate by 2.7% and increased 14.2% on a year-over-year basis. Business-to-Business (B2B) Services revenues increased 23.5% in the fourth quarter of 2025 to $385.6 million. Money Movement Services’ revenues gained 15.7% from the year-ago quarter to $34.4 million. The Consumer Services segment’s revenues amounted to $87.6 million, down 18.2% on a year-over-year basis. GDOT’s gross dollar volume increased 14.9% from the year-ago quarter to $40.5 million. Purchase volume fell 8.7% year over year to $4.7 billion. The company ended the quarter with $3.42 million in active accounts, down 6.8% on a year-over-year basis. Adjusted EBITDA totaled $14 million, decreasing 68% on a year-over-year basis. The adjusted EBITDA margin plummeted 700 basis points to 2.7%. Green Dot exited the fourth quarter of 2025 with an unrestricted cash and cash equivalents of $1.42 billion compared with $1.59 billion in the year-ago quarter. GDOT had no long-term debt. It used $62.5 million of cash in operating activities. On Nov. 24, 2025, GDOT announced that it had signed agreements to be acquired by Smith Ventures LLC and CommerceOne Financial Corporation. Analysts were quiet during the last two month period as none of them issued any earnings estimate revisions. The consensus estimate has shifted 6.67% due to these changes. At this time, Green Dot has a poor Growth Score of F, however its Momentum Score is doing a bit better with a D. However, the stock has a grade of B on the value side, putting it in the second quintile for value investors. Overall, the stock has an aggregate VGM Score of D. If you aren't focused on one strategy, this score is the one you should be interested in. Green Dot has a Zacks Rank #4 (Sell). We expect a below average return from the stock in the n...

Company Sees Continued Momentum in Embedded Finance, Delivers First Year of Adjusted EBITDA Growth Since 2022 PROVO, Utah, March 16, 2026--(BUSINESS WIRE)--Green Dot Corporation (NYSE: GDOT), a financial technology and bank holding company that delivers seamless banking and payments solutions to consumers and businesses of all sizes, today reported its financial results for the quarter ended December 31, 2025. "Green Dot delivered a strong fourth quarter and its first year of adjusted EBITDA growth since 2022, a testament to the hard work, focus and ingenuity of our teams," said William Jacobs, Chief Executive Officer of Green Dot. "With a stronger platform, increasing demand and momentum in embedded finance, and continued operational improvements and efficiencies, the company is well-positioned for another solid year and the proposed next chapter with Smith Ventures and CommerceOne." Consolidated Results Summary Cash at the holding company was approximately $60 million as of December 31, 2025. Key Metrics The following table shows Green Dot's quarterly key business metrics for each of the last eight calendar quarters on a consolidated basis and by each of its reportable segments. Please refer to Green Dot’s latest Annual Report on Form 10-K for a description of the key business metrics, as well as additional information regarding how Green Dot organizes its business by segment. "It was a strong finish to 2025, with continued growth in our embedded finance platform as we continued taking action and making investments to position the company for future growth," said Jess Unruh, Chief Financial Officer of Green Dot. "Our tax processing and embedded finance businesses are market leaders, and we are taking decisive action to ensure our Consumer and Employer services businesses thrive as we make progress toward completion of our proposed transactions with CommerceOne and Smith Ventures." Proposed Transactions with CommerceOne Financial Corporation and Smith Ventures, LLC On November 24, 2025, Green Dot announced that it entered into agreements to be acquired by affiliates of Smith Ventures LLC ("Smith Ventures") and CommerceOne Financial Corporation ("CommerceOne"). Upon closing of these proposed transactions, Smith Ventures will acquire and privatize Green Dot’s non-bank financial technology business assets and operations (the "FinTech business"), which will con...

PROVO, Utah (AP) — PROVO, Utah (AP) — Green Dot Corp. (GDOT) on Monday reported a loss of $46.8 million in its fourth quarter. The Provo, Utah-based company said it had a loss of 84 cents per share. Losses, adjusted for pretax expenses and costs related to mergers and acquisitions, were 8 cents per share. The bank holding company posted revenue of $522.6 million in the period. Its adjusted revenue was $519.7 million. For the year, the company reported a loss of $98.9 million, or $1.79 per share. Revenue was reported as $2.07 billion. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GDOT at https://www.zacks.com/ap/GDOT