Banking FinTech Green Dot's businesses now have new owners, according to a Monday (Nov. 24) news release. Smith Ventures, a private equity company, is set to acquire and privatize Green Dot's nonbank financial technology business and operations for $690 million, the release said.
Green Dot Corporation ( GDOT ) Smith Ventures, - M&A Call November 24, 2025 8:30 AM EST Company Participants Timothy Willi - Senior Vice President of Finance & Corporate Development William Jacobs - Interim CEO & Chairman of the Board Jess Unruh - Chief Financial Officer Bill Smith Kenneth Till - CEO & Director Conference Call Participants George Sutton - Craig-Hallum Capital Group LLC, Research Division Cristopher Kennedy - William Blair & Company L.L.C., Research Division Mike Grondahl - Northland Capital Markets, Research Division Presentation Operator Good day, and welcome to the Green Dot Commerce One Smith Ventures Transaction Conference Call.
FinTech and digital bank Green Dot and financial services firm Amscot Financial launched a banking partnership.
GDOT beat Q3 earnings and revenue estimates with solid B2B growth, but shares slid 4% post results despite raised 2025 guidance.
Green Dot Corporation ( GDOT ) Q3 2025 Earnings Call November 10, 2025 5:00 PM EST Company Participants Timothy Willi - Senior Vice President of Finance & Corporate Development William Jacobs - Interim CEO & Chairman of the Board Chris Ruppel - Interim President & Chief Revenue Officer Jess Unruh - Chief Financial Officer Conference Call Participants Cristopher Kennedy - William Blair & Company L.L.C., Research Division George Sutton - Craig-Hallum Capital Group LLC, Research Division Presentation Operator Good day, and welcome to the Green Dot Corporation Third Quarter 2025 Conference Call.
Green Dot (GDOT) came out with quarterly earnings of $0.06 per share, beating the Zacks Consensus Estimate of a loss of $0.11 per share. This compares to earnings of $0.13 per share a year ago.
Green Dot entered the final stretch of 2025 with renewed momentum in its B2B and embedded finance operations, posting a 21% year-over-year increase in revenue for the third quarter. Management pointed to banking-as-a-service (BaaS) business and new money movement partnerships that highlight embedded finance.
Green Dot's Q3 results are on deck, with strong B2B momentum expected, but earnings forecasts suggest a potential quarterly loss.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Green Dot Corporation (GDOT) is positioned as a strategic fintech with a valuable bank charter and $4B in customer deposits. GDOT has raised guidance twice in 2025, secured major embedded finance partnerships, and executed cost-saving measures, supporting strong growth prospects for 2026. Management incentives and recent operational moves suggest a sale or M&A deal is likely as the strategic review nears its conclusion.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Does Green Dot (GDOT) have what it takes to be a top stock pick for momentum investors? Let's find out.