Bm Technologies Inc. (BMTX)
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BM Technologies, Inc. (BMTX) Reports Q3 Loss, Tops Revenue Estimates
BM Technologies, Inc. (BMTX) came out with a quarterly loss of $0.42 per share versus the Zacks Consensus Estimate of a loss of $0.18. This compares to loss of $0.34 per share a year ago.
BM Technologies (BMTX) Wins Tech & Learning Award of Excellence for Back-to-School 2024
Honored for Delivering Cutting-Edge Solutions-BankMobile Disbursements and BankMobile Vibe-That Address Key Challenges in Higher Education for Schools and Students RADNOR, PA / ACCESSWIRE / November 6, 2024 / BM Technologies, Inc. (NYSE American:BMTX) proudly announces its Tech & Learning Award of Excellence: Back-to-School 2024 win in the higher education category for its innovative products, BankMobile Disbursements and BankMobile Vibe. The Tech & Learning Awards celebrate products designed to address critical needs in the education sector, offering schools versatile, valuable solutions to specific challenges and significantly enhance teaching and learning outcomes.
BM Technologies to be Acquired by First Carolina Bank for $67 Million
BM Technologies Stockholders to Receive $5.00 Per Share in Cash, Representing 55% Premium to Market RADNOR, PA / ACCESSWIRE / October 25, 2024 / BM Technologies, Inc. (NYSE American:BMTX) ("the Company" or "BMTX"), one of the largest digital banking platforms, today announced it has entered into a definitive agreement to be acquired by First Carolina Bank ("FCB" or "First Carolina") pursuant to which First Carolina will purchase all outstanding BMTX shares of common stock for $5.00 per share in an all-cash transaction with an equity value of approximately $67 million. Under the terms of the agreement, BM Technologies stockholders will receive $5.00 per share in cash, which represents a 55% premium to the trading price per share of BM Technologies common stock as of October 24, 2024 and a 90% premium to market as of August 14, 2024, the day before BM Technologies disclosed that it had received inbound interest.
BM Technologies (BMTX) Unveils Advanced Identity Verification Service for Colleges and Universities
Safeguarding Student Enrollment and Upholding Higher Education Institution Integrity with BMTX Identity Verification™ (IDV) RADNOR, PA / ACCESSWIRE / October 16, 2024 / BM Technologies, Inc. (NYSE American:BMTX) is excited to announce the launch of its innovative student identity verification service, BMTX Identity Verification™ (IDV), designed to combat the growing issue of student enrollment fraud in higher education institutions. With the cost of acquiring new undergraduate students increasing by up to 32% from 2020 to 2022 alone,1 the need for robust enrollment fraud prevention measures has never been more critical.
Jamie Donahue, President and CTO of BM Technologies (BMTX), to Speak at Finovate Fall and MoneyLIVE North America
Donahue to Discuss Breakthroughs in FinTech Innovation with Industry Leaders RADNOR, PA / ACCESSWIRE / September 10, 2024 / BM Technologies, Inc. (NYSE American:BMTX), one of the largest digital banking platforms and Banking-as-a-Service (BaaS) providers, is pleased to announce that Jamie Donahue, President and CTO of BMTX will speak at two prominent fintech and financial services innovation conferences in September, including the following. Finovate Fall 2024 - September 11, 2024, New York, NY Finovate is an industry-leading FinTech conference by and for executives and thought leaders who are revolutionizing the financial services industry.
BM Technologies, Inc. (BMTX) Q2 2024 Earnings Call Transcript
BM Technologies, Inc. (NYSE:BMTX ) Q2 2024 Results Conference Call August 15, 2024 9:00 AM ET Company Participants Brian Prenoveau - Investor Relations Luvleen Sidhu - Co-Founder, Chairman and Chief Executive Officer Ajay Asija - Chief Financial Officer James Donahue - President and Chief Technology Officer Conference Call Participants Michael Grondahl - Northland Securities William Dezellem - Tieton Capital Operator Good morning, everyone, and welcome to the BM Technologies Second Quarter 2024 Earnings Call. Please note that this event is being recorded.
BM Technologies, Inc. (BMTX) Reports Q2 Loss, Lags Revenue Estimates
BM Technologies, Inc. (BMTX) came out with a quarterly loss of $0.41 per share versus the Zacks Consensus Estimate of a loss of $0.18. This compares to loss of $0.35 per share a year ago.
BM Technologies Reports Second Quarter & First Half 2024 Results
First Half 2024 Revenue of $28.7 Million, Up 10% YoY Q2 2024 Interchange and Card Revenue Increased 57% YoY Growth Initiatives Launched with Cash Back Rewards Engine & 15 Identity Verification (IDV) Product Sales YTD RADNOR, PA / ACCESSWIRE / August 14, 2024 / BM Technologies, Inc. (NYSE American:BMTX) ("BM Technologies", "BMTX", "we", or the "Company"), one of the largest digital banking platforms and Banking-as-a-Service (BaaS) providers in the country, today reported results for the three and six months ended June 30, 2024. Luvleen Sidhu, BMTX's Chair, CEO, and Founder, stated, "This quarter we have made strong progress towards our strategy of digital transformation and setting the stage for growth in our higher education business going forward.
BM Technologies (BMTX) Wins Gold for "EdTech Company of the Year" in 2024 STEVIE(R) Awards
Recognized for Outstanding Achievements in Advancing Technology Solutions within the EdTech Sector, with a Focus on Enhancing the Higher Education Landscape for Both Schools and Students RADNOR, PA / ACCESSWIRE / August 13, 2024 / BM Technologies, Inc. (NYSE American:BMTX) has been named the 2024 "EdTech Company of the Year" Gold Stevie® Award winner. This accolade was awarded in the Educational Technology Company of the Year category of the first annual Stevie Awards for Technology Excellence, "the Olympics for technology.
BM Technologies to Announce Q2 2024 Earnings and Host Webcast
RADNOR, PA / ACCESSWIRE / August 12, 2024 / BM Technologies, Inc. (NYSE American:BMTX) (the "Company"), one of the largest digital banking platforms and Banking-as-a-Service (BaaS) providers in the country, will host a live webcast to discuss its second quarter 2024 earnings on August 15, 2024 at 9:00am ET. The live webcast of the call can be accessed at 2Q24 Webcast Link as well as on the company's investor relations website at Click Here About BM Technologies, Inc. BM Technologies, Inc. (NYSE American:BMTX) - formerly known as BankMobile - is among the largest digital banking platforms and Banking-as-a-Service (BaaS) providers in the country, providing access to checking and savings accounts and financial wellness.
Endless Earning, Unlocked: BM Technologies (BMTX) Introduces Cash Back Offers for BankMobile Vibe in Collaboration with Kard
BMTX Enhances Customer Banking Experience with Rewards-as-a-Service API, Providing Seamless Cash Back Opportunities, Unlimited Offers, and Access to Over 50,000 Top Merchant Locations Nationwide RADNOR, PA / ACCESSWIRE / July 29, 2024 / BM Technologies, Inc. (NYSE American:BMTX), one of the largest digital banking platforms and Banking-as-a-Service (BaaS) providers, is thrilled to announce the launch of a rewards engine to its BankMobile Vibe Checking Account. Powered by Kard, the first rewards-as-a-service API, this innovative rewards engine aims to financially empower customers while driving loyalty among customers, giving them the opportunity to earn cash back1 on debit card purchases from national, online, and local locations.
BM Technologies, Inc. (BMTX) Just Flashed Golden Cross Signal: Do You Buy?
BM Technologies, Inc. (BMTX) is looking like an interesting pick from a technical perspective, as the company reached a key level of support. Recently, BMTX's 50-day simple moving average crossed above its 200-day simple moving average, known as a "golden cross.
